> If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on. We show that knowing this is not enough for firms to stop it.
That's why we are going to get some for of government mandated UBI eventually. Because workers are optional but consumers are obligatory for any market and company to function.
Rich can't get richer without consumers and that's the only thing that drives decision making.
That's why we are going to get some for of government mandated UBI eventually. Because workers are optional but consumers are obligatory for any market and company to function.
Rich can't get richer without consumers and that's the only thing that drives decision making.