[eru]

> If AI eats profits instead of grows them, then the economy shrinks right?

No, why? The economy is bigger than company profits. Eg there's workers' wages and customer surplus and investments etc.

[rurufjcir]

Because companies need earnings growth and they’ll fire workers to meet those targets

[eru]

Firings workers doesn't make earnings grow in general.

And company don't _need_ earnings growth. That's why many companies buy back shares or pay dividends instead of always investing retained earnings.