Imagine this scenario:

  • All companies start producing mostly using only AI and firing people, because people have no use anymore
  • Joe spend most of his income on digital video games products
  • Joe get fired because he got replaced by AI now, since AIs are taking over most jobs
  • Joe has no income anymore
  • Joe doesn’t have any more money to spend on video games
  • Companies have no more profit, because people don’t have income, so people can’t spend on their AI produced products

In this scenario both lose, the company adopting AI and the worker. Am I missing something? Is there any possibility besides Universal Basic Income to keep the system running and not collapsing?

  • Satellaview@lemmy.zip
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    5 months ago

    “Time to move upmarket!”

    This has already been happening in a terrifying number of industries. Every time you see some absurd “pet cookie delivery” service that seems insane, it’s because the only viable business model that remains is pledging fealty to the wealthy.

  • MousePotatoDoesStuff@piefed.social
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    5 months ago

    Why would the owners need to keep the system running if they have all the resources and tools?

    One need not worry about the game not being able to continue if one already won.

    • 1D10@lemmy.world
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      5 months ago

      But they are not one, when all the resources and tools are owned by the big companies that is when they fight each other, and for that they need cheap expendable ground troops, so ask yourself “which company do I want to fight for?” The Gaggles of Google, how about Amazon’s 6/7 mechanized infantry, or the SpaceX Xforx.

      Oh it’s gonna all be memes and violence from then on, you will get paid in company money and live in company community’s, eventually the world will be devided into roughly country shaped chunks run exclusively by a single corporation or a consortium of smaller companies.

      Gonna be just like the utopian sci-fi, you know Neromancer, Blade Runner, Cyberpunk, and my favorite Downbelow Station.

      • MousePotatoDoesStuff@piefed.social
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        5 months ago

        That’s not what I meant by “one”, but nvm.

        Also, if we ever reach that point, I’m not fighting for any of them. And not just for moral reasons - it will be more profitable to steal from them, and since the social contract will be broken anyway…

        But I’d rather fo my best now to make sure that doesn’t happen to begin with, and I thankfully live somewhere where my effort might actually might make some impact (the European Union).

  • Kissaki@feddit.org
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    5 months ago

    In the end, the owners have access to the resources, can get labor or whatever for cheap, and can live in control and luxury even without selling much or anything, while trading amongst themselves.

    They don’t have a need or use to produce for the parents anymore. It only makes sense for as long as they have gain.

    Owners may incite conflict and war to gain more control. The peasants will join for a lack of better knowledge, access, or alternatives.

    We’re back in the middle ages.


    People rise up and destroy or regulate the destructive forces, and establish a more sustainable system - maybe.

  • actionjbone@sh.itjust.works
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    5 months ago

    You’re missing the fact that the people who run the AI companies literally want us all to die so they can take our money.

    They don’t want other people to exist. Except as slaves to them.

  • Schwim Dandy@piefed.zip
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    5 months ago

    By the time this comes to fruition, The billionaires will have all of the money and you will be working as a slave. They don’t give a fuck f you can afford to buy something or not.

  • rumschlumpel@feddit.org
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    5 months ago

    Rich people don’t actually need more money, it’s fundamentally about being above common people (i.e. power). If AI can cater to their every need, they don’t need to have more money than a 2010s billionaire who still had to pay people for goods and services.

      • venusaur@lemmy.world
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        5 months ago

        Services across industries might make a human-centered comeback. People tired of robots and want to talk to real humans. Medical field (including mental health) will probably still be dominated by humans. Any maintenance jobs that AI and robots can’t really do well and consistently. I’m not a fortune teller, I just know a tiny bit of history and enough to know AI is not at a place to end humanity yet.

  • ArbitraryValue@sh.itjust.works
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    5 months ago

    The companies that won’t do well in that scenario are the ones that sell products to the sorts of people who will lose their jobs to AI. But not all companies do that.

    (In the extreme case, there might be an economy no longer oriented primarily around what humans want.)

  • NONE@lemmy.world
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    5 months ago

    If you ask that in a company meeting, they’ll shot you in the head. Two times, above each eyebrow, just to be sure.

    They are contractually obligated to by the investors.

  • grte@lemmy.ca
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    5 months ago

    Sorry, that’s three or four quarters further out than we consider in this economy.

  • hayvan@piefed.world
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    5 months ago

    This is not specific to AI. This has been slowly happening over decades, wealth is accumulating in smaller and smaller sets of people. Capitalism is cancer on humanity.

    Those big bosses just want to take everything and give nothing, whatever that means. It doesn’t matter if it kills them in the end too.

    This is unsustainable, and it will get much worse before it can get better (if ever).

  • nomecks@lemmy.wtf
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    5 months ago

    I think a lot more people need to read “The Naked Sun” by Isaac Asimov for the answer to this.

  • ceenote@lemmy.world
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    5 months ago

    We’re already seeing a slow shift to more goods and services aimed at the rich and very rich. It’s what you expect to see as fewer people get control of more of the money. The rich are fine with whatever number of people being out on the street, as long as they aren’t one of them. The same reasoning goes for who’s business will fail because the middle and working class can’t sustain them anymore. As long as it isn’t my business, whatever.