Tiger Jerusalem@lemmy.world to No Stupid Questions@lemmy.world · 4 months agoIf everyone is fired by AI, who's going to buy the products and services made by the companies if no one has money anymore?message-squaremessage-square211fedilinkarrow-up1374arrow-down122
arrow-up1352arrow-down1message-squareIf everyone is fired by AI, who's going to buy the products and services made by the companies if no one has money anymore?Tiger Jerusalem@lemmy.world to No Stupid Questions@lemmy.world · 4 months agomessage-square211fedilink
minus-squarebarsquid@lemmy.worldlinkfedilinkarrow-up18arrow-down1·4 months agoA major problem is all the money from these increases in efficiency go to a handful of people, who then hoard it. A market economy cannot work with hoarding, the money needs to circulate.
minus-squareTheRealKuni@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·4 months ago A market economy cannot work with hoarding, the money needs to circulate. The money is life. The money must flow.
A major problem is all the money from these increases in efficiency go to a handful of people, who then hoard it. A market economy cannot work with hoarding, the money needs to circulate.
The money is life. The money must flow.