It also fuels the income inequality with a fatter pipe in every iteration. You get richer as you move up in the supply chain, period. Companies vertically integrate to drive costs down in the long run.
As AI gets more prevalent, it'll drive the cost down for the companies supplying these services, so the former employees of said companies will be paid lower, or not at all.
So, tell me, how paying fewer people less money will drive their standard of living upwards? I can understand the leisure time. Because, when you don't have a job, all day is leisure time. But you'll need money for that, so will these companies fund the masses via government to provide Universal Basic Income, so these people can both live a borderline miserable life while funding these companies to suck these people more and more?
As AI gets more prevalent, it'll drive the cost down for the companies supplying these services, so the former employees of said companies will be paid lower, or not at all.
So, tell me, how paying fewer people less money will drive their standard of living upwards? I can understand the leisure time. Because, when you don't have a job, all day is leisure time. But you'll need money for that, so will these companies fund the masses via government to provide Universal Basic Income, so these people can both live a borderline miserable life while funding these companies to suck these people more and more?