[digitaltrees]

1. Because it’s fairly clear that AI is trending to the most winner takes all dynamic that has ever existed. That will create a monopoly on intelligence.

Monopoly is the end state of unregulated competition and capitalism. A monopoly destroys the value of capitalism by undermining the power of competition to set efficient prices.

Individuals lack the bargaining power to overcome monopoly power.

2.AI will make broad categories of knowledge work so easy to create that the value will approach $0. Hard to make a living as a marketer, developer, payroll processor when it’s $0 to do that work. Saying “get a job loser” when monopolistic firms aren’t hiring is a bit insane.

[tim333]

If you look at real world examples of tech making jobs redundant, say Amazon and internet shopping closing down a lot of high street retail, then mostly what happened is the people who worked in that moved to something else. Individuals looking after themselves was the thing, government attempts to stop it not much use.

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Then they say become an elecrician or hvac worker. Which will then just crash those markets too. And who is going to own property to hire you at some point without middle class knowledge work jobs.

[digitaltrees]

After multiple generations of telling people blue collar jobs were a dead end and creating social stigma around them. Oh and gutting trade schools and apprenticeships.