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AI becomes so good that it renders mass unemployment won't crash the stock market. The stock market does not care if everyone is employed. It only cares if the
by aurareturn 9mo ago
AI becomes so good that it renders mass unemployment won't crash the stock market.
The stock market does not care if everyone is employed. It only cares if the companies are making more profit.
- citrin_ru 9mo agoAnd there will no profit because there will be no customers.
- bigbadfeline 9mo agoSome people are surprised to hear that, apparently for them profit is something that grows on trees, or somewhere... It's amusing to read their starry-eyed projections although I'm pretty sure the naked truth is quite ugly.
- aurareturn 9mo agoProfit doesn’t care about unemployment, unfortunately.