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๐ป **How does the economy work at all if all are laid-off and human jobs disappear?**
Imagine all jobs got replaced by AI. Here's what happens:Corporate revenue collapses since human consumers do not have the means to buy product. It leads to demand destruction at an all-time level.At the same time, there's a massive deflationary supply shock, thanks to democratiz...
๐ https://news.ycombinator.com/item?id=48182463
#tech #news
Imagine all jobs got replaced by AI. Here's what happens:Corporate revenue collapses since human consumers do not have the means to buy product. It leads to demand destruction at an all-time level.At the same time, there's a massive deflationary supply shock, thanks to democratiz...
๐ https://news.ycombinator.com/item?id=48182463
#tech #news