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Or they’d keep the same number of people and increase total value output. Businesses tend to like the idea of growth more than cost cutting after all.
by jama211 8mo ago
Or they’d keep the same number of people and increase total value output. Businesses tend to like the idea of growth more than cost cutting after all.
- catmanjan 8mo agoHowever good growth is finite unless you also believe in immigration and debt
- oefrha 8mo agoPeople don’t suddenly eat more food due to AI. That are a lot of industries with bounded total demand.
- jama211 8mo agoThat’s true, however I’m truely glad 70% of the population isn’t working in food production anymore, those were the bad old times.
- Ensorceled 8mo ago> Businesses tend to like the idea of growth more than cost cutting after all. I would offer as counter to this view: massive layoffs across the early adopters of AI, the tech giants.