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> Other businesses. Outside Soviet Russia, there has to be an end consumer in there somewhere. There isn't such a thing as a truly "non-consumer business."
by dehrmann 4y ago
> Other businesses.
Outside Soviet Russia, there has to be an end consumer in there somewhere. There isn't such a thing as a truly "non-consumer business."
- deleted 4y ago[deleted]
- tivert 4y ago> Outside Soviet Russia, there has to be an end consumer in there somewhere. There isn't such a thing as a truly "non-consumer business." And I answered that. The ultimate consumers will be a group of wealthy people who control the productive resources using AI and use them to pursue their personal goals. There will be some B2B exchanges between those people, and perhaps a smallish cadre of employees who's labor is still useful to the wealthy, but most commerce as we know it will grind to a halt because the vast majority workers' labor won't be valuable to those who could pay them.
- sprpstn 4y agoWith a significant portion of mass consumption missing, wealth would start to erode. Stable inequality could grow up to a certain point, but not without adverse effects on investments. You can only sustain wealth without consumers in an absolutely totalitarian society, but even there it would lead to a catastrophic societal collapse sooner or later. I think this is a dead angle for a lot of AI experts. That sudden bump in efficiency might ruin large parts of the markets businesseses are built upon.