3 ms·

Never happened with neither big technology advancement

• bayindirh 2y ago
  Wealth has bled from landlords to warlords and now bleeding to techlords. Warlords are still rich, but both money and war is flowing towards tech. You can get a piece from that pie if you're doing questionable things (adtech, targeting, data collection, brokering, etc.), but if you're a run of the mill, normal person, your circumstances are getting harder and harder, because you're slowly squeezed out of the system like a toothpaste.
  • nyokodo 2y ago
    > you're slowly squeezed out of the system like a toothpaste. AI could theoretically solve production but not consumption. If AI blows away every comparative advantage that normal humans have then consumption will collapse and there won’t be any rich humans.