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If AI automates away the workforce to the point that we have less annual tax receipts, then I'd also expect two other things to happen: 1) Everything becomes c
by bitshiftfaced 3y ago
If AI automates away the workforce to the point that we have less annual tax receipts, then I'd also expect two other things to happen:
1) Everything becomes cheaper due to this automation, and
2) The cost of public services that these taxes pay for become cheaper due to this automation
- swexbe 3y agoSo essentially the value of capital increases? Sounds fair.
- Pmop 3y agoYeah but people will still have to generate excess produce somehow in order to have something to trade for those (now cheaper) goods, and with automation taking both skilled and unskilled jobs out of the market, I keep wondering what kind of jobs will be left available for the average Joe.