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If everyone is fired by AI, who's going to buy the products and services made by the companies if no one has money anymore?

⁨371⁩ ⁨likes⁩

Submitted ⁨⁨10⁩ ⁨months⁩ ago⁩ by ⁨tigerjerusalem@lemmy.world⁩ to ⁨[deleted]⁩

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  • independantiste@sh.itjust.works ⁨10⁩ ⁨months⁩ ago

    The real answer is no one. They will quickly realize that at the root of the economy are the regular people, and since the economy is a cycle, when you cut off a part, the cycle doesn’t work anymore.

    People (doomers) here are saying businesses and rich people will, but this can only, work for a limited time, because either the products will shoot up in price since only the rich can afford them, or the businesses won’t be able to sell their products, so they can’t buy new things, which means no more revenue to the shareholders.

    Think of all the companies that live from b2b models, when you look closer, they are all at some the suppliers of b2c businesses, except, maybe military companies. That company that makes the lithography machines (asml) only sells to other businesses such as tsmc. Tsmc also only sells to other businesses, but they sell to businesses that sell to consumers.

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    • erev@lemmy.world ⁨10⁩ ⁨months⁩ ago

      i don’t think prices will shoot up, it’s just the wealthiest will have accumulated the absolute most amount of wealth they possibly could. Everything would crash but they would own everything. That’s of course if AI can fully replace us and produce everything that humanity needs practically forever but behind a paywall.

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  • some_guy@lemmy.sdf.org ⁨10⁩ ⁨months⁩ ago

    If we all run out of money they will harvest the marrow from our bones. They’ll extract a fee, don’t doubt it.

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  • minorkeys@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Whoever still has money. Either importing wealthy immigrants to replace the American market or they’ll move their products to the markets that still have money.

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  • ByteOnBikes@slrpnk.net ⁨10⁩ ⁨months⁩ ago

    In the 2000s, there was a strong angle about how programmers would no longer exist thanks to drag and drop programming tools and website builders. The average office worker would write little programs as easy as a excel formula, and a “programmer” would cease to exist.

    I take that angle whenever I think about AI.

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  • Shardikprime@lemmy.world ⁨10⁩ ⁨months⁩ ago

    How is everyone going to be fired by AI? First define AI, because what we have now is a bunch of LLMs.

    In the end, it’s more practical to have both working in tandem. You have a person who has common sense guiding and an AI tool who assists the person in doing the work.

    At worst, people would have to up skill/re skill to have working experience with AI tools.

    But people are not gonna stop working. New jobs will be created and some old jobs will disappear, as it has been the case

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  • Hello_there@fedia.io ⁨10⁩ ⁨months⁩ ago

    If all the money is hoarded by the rich, who is going to spend money to make the economy run?

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    • Diplomjodler3@lemmy.world ⁨10⁩ ⁨months⁩ ago

      The rich will live in their bunkers while society collapses and blame it all on communism.

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    • maynarkh@feddit.nl ⁨10⁩ ⁨months⁩ ago

      The rich will keep trading with each other. Look at housing for an example.

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  • randon31415@lemmy.world ⁨10⁩ ⁨months⁩ ago

    1024: This new farming technology means one person can feed 1000 people! What are the other 999 people supposed to do? Are the lords just going to conscript all us serfs and have us fight for their entertainment?

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    • TexMexBazooka@lemm.ee ⁨10⁩ ⁨months⁩ ago

      That’s pretty much what happened tho

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  • untorquer@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Were already seeing a drop in product quality and reliability. Just try a search engine for practically anything. Changes are you already type “wiki” or “reddit” or “Lemmy” or whatever along with your search terms. AI(LLM) is just advanced cargo cult development. It won’t translate to physical design even though that’s being pushed by management level and marketing. Chances are that products stop being useful altogether.

    That’s on top of the tailoring to business and wealthy class as others have argued here. But even that will have to endure enshitification. Ultimately the wealthy will pay for labor on their toys(they already do, we just can’t afford those).

    This us a marketing and executive delusion issue.

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  • FiniteBanjo@lemmy.today ⁨10⁩ ⁨months⁩ ago

    Well, in the purely fictional hypothetical that an LLM could advance to the point of reliably replacing humans without a stark loss of quality and marginal cost-benefit before legislations step in to make the cost of increased power consumption and environmental damage reflect on what these companies pay in:

    Their will be an owners class who have stake or claim over facilities and technology to utilize the AI, and then there will be an everybody else who have to fight tooth and nail politically for basic human rights as well as shelter and food. Just the current system but whether it’s that much worse or better depends on how well our democracies function.

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    • mechoman444@lemmy.world ⁨10⁩ ⁨months⁩ ago

      An llm will never be able to do this. Unfortunately the word AI has been hijacked by companies and marketeers. Ai now means just about anything really.

      They’re actually coming up with new words to describe what AI used to mean such as AGI, which stands for artificial general intelligence.

      To elaborate on the premise of this post, The boost that we’re going to get from an actual artificial intelligence one that is perhaps sentient will be so much that the tasks that were once performed Will become so mundane and menial that it will not make any difference who performs those tasks or if they’re even being paid to do so.

      In the same sense that the printing press removed the necessity for scribes, at least for the majority. Or the firearm displaced the bow and arrow as the dominant weapon.

      Eventually, what general artificial intelligence will give us is a world free of our Faith-Based monetary system currently dominating the world.

      In essence, we shouldn’t need money after general artificial intelligence is implemented.

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      • sparkle@lemm.ee ⁨10⁩ ⁨months⁩ ago

        The term AGI has been used for over 2 decades and AI never specifically implied something with human intelligence (maybe in the 40s-50s when it was just being invented, but not after that). “AI” has always refered to things like Siri and the YouTube algorithm and pathfinding AIs and trackers for anti-air systems and whatever else.

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      • FiniteBanjo@lemmy.today ⁨10⁩ ⁨months⁩ ago

        Well it’s hard to make societal predictions with zero basis in reality so you’ll have to forgive me for grounding the premise to current phenomena.

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  • tonyn@lemmy.ml ⁨10⁩ ⁨months⁩ ago

    When there is a scarcity of resources a population will shrink to sustainable levels. Right now there are too many people to share the scraps left from the billionaires hoovering up all the capital. People will stop having kids, others will die homeless, and population will decrease just as happens in any population of animals experiencing scarcity.

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  • buzz86us@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Personally I welcome a post scarcity economy

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    • barsquid@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Bad news: it is going to be an artificial scarcity economy. It basically already is, we have plenty of money for everyone to live well but it is all going into hoards.

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      • Ragnarok314159@sopuli.xyz ⁨10⁩ ⁨months⁩ ago

        This is what the mega rich don’t seem to realize. They already have 99.9% of the wealth, but if they had 99.1% of it no one would give a shit how much money a few trust fund babies had.

        We would all be able to take care of ourselves and our families. Instead they want all the wealth and are willing to kill most of the global population along with the earth to get it.

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    • Jikiya@lemmy.world ⁨10⁩ ⁨months⁩ ago

      I would if I didn’t fear that the scarcity will then be artificial to keep groups in power. The idea is beautiful, our current direction is terrifying.

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  • dudinax@programming.dev ⁨10⁩ ⁨months⁩ ago

    They’ll be making stuff for rich people.

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  • AA5B@lemmy.world ⁨10⁩ ⁨months⁩ ago

    This isn’t any different from any other automation , so far. Every time there is a new level of automation, someone asks this question. Yes there can be disruption, even a generation or two lost at the level of “Industrial Revolution”, but so far it’s always come back with more jobs, more opportunity.

    So what’s different this time? Do you thinks it’s good enough to replace thinking? That was my fear when it looked like self-driving was coming fast, but that fizzled out, and I have Vern blower expectations for this round of generative ai. Sure, it might be transformative to some roles and destructive to the remains of journalism but I don’t see it taking many actual jobs

    We’re arguably already in this situation with outsourcing, smart automation, service industries, where there seem to be fewer “middle” jobs. While some of us can be the higher skilled new jobs, way too many new jobs are just not

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  • wuphysics87@lemmy.ml ⁨10⁩ ⁨months⁩ ago

    People will find other things to do that AI can’t. Like welding, or tapdancing, or sex work.

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    • MehBlah@lemmy.world ⁨10⁩ ⁨months⁩ ago

      AI will never be able to pick their nose like I do.

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    • _core@sh.itjust.works ⁨10⁩ ⁨months⁩ ago

      You know we have robots that weld right now? And people are building basic sex robots? The idea that AI can’t replace a human is narcissistic hubris.

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      • wuphysics87@lemmy.ml ⁨10⁩ ⁨months⁩ ago

        To be a little pedantic, should you permit me, the question said AI not robots. ‘Robots’ have beem welding cars for decades, but that hasn’t replaced people. When you learn to weld, because it is AI proof 🙂, you’ll find that there are some things you need to do by hand.

        Sex work isn’t synonymous with sex, and sex isn’t the same as fucking something/someone. Just wait until you and another person use one another, or you have make uo sex, and you’ll know what I mean.

        I trust you’ll grant me tap dancing? Either way, don’t worry young (d|gl)oomer, everything is going to be fine. You should probably worry more about what’s going on in the politics threads 🤣

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  • TheReturnOfPEB@reddthat.com ⁨10⁩ ⁨months⁩ ago

    There were literally humans that were both Jewish and helping the NAZIs kill other Jewish people.

    There will be humans willing to serve A.I. against humanity.

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  • Churbleyimyam@lemm.ee ⁨10⁩ ⁨months⁩ ago

    Someone always has the money. That’s who will be buying things.

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  • roguetrick@lemmy.world ⁨10⁩ ⁨months⁩ ago

    That’s why private property is so cool. You can even enslave sentient AI to work for you because you inherited things. Capital rules all as long as it has more firepower. Though I bet the AI would be better at organizing a strike than we are.

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  • WhyJiffie@sh.itjust.works ⁨10⁩ ⁨months⁩ ago

    That doesn’t matter because they won’t be here by the time that happens

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  • whoreticulture@lemmy.world ⁨10⁩ ⁨months⁩ ago

    No worries! We can always join the US military! 😀

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    • ShepherdPie@midwest.social ⁨10⁩ ⁨months⁩ ago

      War will be fought with AI too. It’ll be like that episode of Star Trek where each society’s AI battles the other and whatever death toll the computers calculate, that many citizens must report for euthanasia.

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      • whoreticulture@lemmy.world ⁨10⁩ ⁨months⁩ ago

        I have not seen that episode ☹️

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  • Retro_unlimited@lemmy.world ⁨10⁩ ⁨months⁩ ago
    [deleted]
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    • Rhynoplaz@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Depending on the details of the system… Who cares?

      Sure, we can have a couple investigators working on gross abuse of the system, but we spend more money fighting social security and disability claims than it would cost to just pay every request.

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    • Grimy@lemmy.world ⁨10⁩ ⁨months⁩ ago

      It sounds like the beginning of a cast system, I can’t imagine it not being abused in our current economic system. It’s also essentially welfare + a bit extra so you can actually live on it.

      How will this deal with home ownership and paying for your kids education? And then your kids end up bjeing stuck in the same situation they were born into with absolutely no wajy forward. It’s already like this in a sense but UBI is very likely to amplify it imo.

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      • Steve@communick.news ⁨10⁩ ⁨months⁩ ago

        It’s the same capitalism we have now; Accept the bottom income level, isn’t zero anymore.

        Who would be in what Cast?
        Where do you draw the lines?

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    • Steve@communick.news ⁨10⁩ ⁨months⁩ ago

      I’ve heard people say a UBI is easy to exploit before.
      But I don’t see how.

      If everyone gets the same payment, with the only qualifiers being citizenship and age; How can it be exploited?

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  • willya@lemmyf.uk ⁨10⁩ ⁨months⁩ ago

    The bots hooked to our stolen credit cards.

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  • Etterra@lemmy.world ⁨10⁩ ⁨months⁩ ago

    The rich people don’t care, they’ll have already retired to their private fortress islands and gotten eaten by their own security staff long before the survivors can track them down.

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  • obinice@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Software has already been doing a lot of stock market buying and selling for many years, even before AI came along, I imagine that sort of concept but on a more expansive scale, for a start!

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  • T156@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Other companies? Companies also need things, so they would also need things to buy and sell. Buying and selling to each other doesn’t seem entirely unreasonable, particularly if the goods are non-physical. A company selling editing services for articles to a company that writes those articles for a news company who might be selling stocks to an investment company, and ad space to an ad company, etc.


    Realistically, though, that doesn’t tend to be that high a priority, or much of a long-term worry. Most of the concern these days seems to be focused more on the short-term profit more so than anything else, even if it will ultimately harm the company.

    Not that it would really matter for most, since a lot of the people who might otherwise be affected would likely be out and away by the time that that rolls around. It would barely affect them.

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  • pineapplelover@lemm.ee ⁨10⁩ ⁨months⁩ ago

    Nobody has money anymore

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    • Persen@lemmy.world ⁨10⁩ ⁨months⁩ ago

      Except the rich 1%, who will be bathing in money. Great!

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  • foggy@lemmy.world ⁨10⁩ ⁨months⁩ ago

    Ohhh, oh. So you didn’t see that episode of black mirror yet?

    It’s a good one.

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  • Nulubez@sh.itjust.works ⁨10⁩ ⁨months⁩ ago

    We got this guy Not Sure…

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  • slurpeesoforion@startrek.website ⁨10⁩ ⁨months⁩ ago

    It’ll be an elephant walk of ai and ai adjacent services.

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  • UncleGrandPa@lemmy.world ⁨10⁩ ⁨months⁩ ago

    People in other countries

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