2 ms·
If you really simplify how this works: Owners of capital use the capital in combination with workers to produces goods and services. They give half of the prod
by RivieraKid 1mo ago
If you really simplify how this works:
Owners of capital use the capital in combination with workers to produces goods and services. They give half of the production to the workers and keep the other half.
If AI replaces workers, the owners of capital will simply keep all of the production to themselves. So they would be better off. If I have a construction company, I could just lay off the workers and distribute the surplus houses to myself and other owners.
There are nuances to this of course, but this is a point that most people miss.
- OccamsMirror 1mo agoWith that many people out of work, you may struggle to hold on to that capital.
- marmarama 1mo agoThat's where the fully automated weapons systems come in. Robotics and AI give the megalomaniacs of the world both a reason and the means to kill everyone with impunity. The rest of the 21st century is going to be really messed up.
- zombot 29d agoIf it's all robots and LLMs, then it will be the LLM provider and the robot provider who owns these things. Should you be of a different opinion, good luck in court when the judicial LLM is run by the same company you want to sue. If LLMs and robots produce all things, what would anyone still need you for?
- RivieraKid 29d agoThat assumes monopoly status of the AI companies and no regulation. No one would need me in the hypothetical case where I own a construction company. I would just own the company and collect profits.