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by w29UiIm2Xz 22 days ago
If AI replaces labor, that's a trillion dollars of labor. About one-fifteenth of annual labor/wage earnings.
3 comments
AuthAuth 22 days ago
the value of labor will collapse so we cant use current earning figures. China will be able to spend to undermine it even more.
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fny 21 days ago
It's 1 trillion over a number of years. There's a discount factor you're forgetting.
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deaton 22 days ago
If AI replaces labor, there will be no money to make back
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