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> If you assume AI takes a good chunk of labor, the market is gigantic. Really really really gigantic. But without labor the entire economy also collapses into
by bayarearefugee 4mo ago
> If you assume AI takes a good chunk of labor, the market is gigantic. Really really really gigantic.
But without labor the entire economy also collapses into a singularity beyond which nothing really makes sense anymore, so there's that.
- dofm 4mo agoAnd it possibly does not take eliminating much of the labour over the span of less than a lifetime to fundamentally break economic signalling. Much smaller rates of unemployment have worsened stagflation cycles due to various policy traps we are certainly not immune to repeating.