Comment by lostphilosopher

In every discussion of AI eliminating or dramatically reducing the compensation for <some large double digit percentage> of “white collar” jobs (and probably “blue collar” too). It’s unclear to me what the end state is - the vast majority of the economy works on volume. You need large numbers of people with enough money to buy your product/service. As wealth concentrates there are fewer potential buyers and economies of scale start working against producers. (And governments need people with money to tax…)