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“AI took my job, literally”—Gizmodo fires Spanish staff amid switch to AI translator
(arstechnica.com)
this post was submitted on 06 Sep 2023
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When robots do all the jobs, humans will no longer have an income.
No income means no way to buy products.
No customers. Businesses end.
Did anyone look beyond the immediate need to cut costs to see the utter demise of their profits?
No.
Greed kills Humanity.
The rich don't care. They'll watch the world burn from their bunkers then end it with a cyanide laced glass of champagne when they get bored.
Businesses won’t even look beyond the next quarter’s earnings.
This will be the end of capitalism, the only option they have is universal income.
The other option is having you do shitty gig jobs for next to nothing and be grateful that you have just enough money not to starve. Guess which option will the rich chose?
But this does not solve the underlying problem for the rich which is: with automation of work with AI and robots and so on, they will be able to produce wealth like we haven't seen in history, but with shitty underpaid jobs people won't be able to consume enough so that capitalism can maintain its health, so it will inevitably lead to an overproduction crash of capitalism. That's why I continue to believe that the only option they have is universal income. Even a capitalist pig like Elon Musk recognizes that this is their only way around.
Thus UBI
The rich will just buy and sell stocks.back and forth to each other. They're already decided they don't need us anymore.
Post-scarcity tbh