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If they don't have millions/billions of customers to spend koney on whatever they are selling, their riches become irrelevant too. Money is valuable only as it
by necovek 5mo ago
If they don't have millions/billions of customers to spend koney on whatever they are selling, their riches become irrelevant too.
Money is valuable only as it changes hands for goods/services, and if you want to get rich, on top of having/producing/controlling something everybody desires, you also need as many people as possible to have money to give you in exchange for a piece of that something.
- skew-aberration 5mo agoWith AI + robots all you really need is the starting capital + land (minerals, energy, etc). The value of land will not decrease when human labor becomes obsolete.
- School-Cotton 5mo agoNo, they only need as many people as are required to produce the goods and services they consume.