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by paulpauper
64 days ago
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If AI displaces human workers faster than the economy can reabsorb them, it risks eroding
the very consumer demand firms depend on. That is a huge "if" though. I am not sure either that the latter falls from this. When the US transitioned away from assembly lines or agriculture dominated, it's not as if consumer spending consequently collapsed. |
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When did the US transition away from assembly lines?
I don’t think you have thought through either one of these and I don’t think they are comparable to what we expect to see for AI’s changes to the job market.