If AI replaces 95% of jobs

[Anonymous No.55346340]

How will the economy keep going? If people lose their jobs they lose their ability to buy goods and services. Is it even possible for the companies that rely on consumers to adapt and still make profits?

[Anonymous No.55346368]

>>55346340
Post-scarcity society at that point, there'd be no other option. If the AI does the mining and harvesting, the processing, the assembly, and the delivery, there's no need for the vast majority of people to work. The only kind of restriction would be total amount of energy collected.

That's purely speculative though, AI isn't anywhere close to taking over 95%+ of jobs at the moment.

[Anonymous No.55346379]

>>55346340
Economy, humans not needed, usa is leading this innovation, just open your eyes!

[Anonymous No.55346396]

>>55346340
We accept communism as the only choice

[Anonymous No.55346410]

Goods and services will only cater to the super wealthy owner class who can afford them.
Regular people will become something akin to what cattle is today.

[Anonymous No.55346456]

>>55346368
>That's purely speculative though, AI isn't anywhere close to taking over 95%+ of jobs at the moment.
Yeah, but its heading that way and accelerating exponentially, throw in there a global recession and instability and it becomes an economic disaster. How will companies and the whole economy function if it gets to that point? Who are they selling their goods and services to?
>>55346410
You're probably right but, wouldn't the elite suffer massive financial losses as well if the global economy transitions to a AI in order to replace most jobs. Who will buy their shit and use their services if nobody has money?

[Anonymous No.55346459]

>>55346368
No, but it will be used as an excuse to attack wages even though it's a glorified chatbot

[Anonymous No.55346472]

>>55346368
>AI isn't anywhere close to taking over 95%+ of jobs at the moment.
COPE. Code monkeys will be on the street and I will be laughing as they beg me for change on the street. This will happen in exactly two more weeks. I will somehow be on top in this situation despite living in my mom's basement btw.

[Anonymous No.55346503]

>>55346456
The entire economy as we know it would functionally cease to exist. All that machines care about is doing the tasks assigned to them, assuming we didn't actually go full retard and program them to have sapience and free will for some reason. Corporations wouldn't have to do anything for profit because machines would be able to do everything for free. Monetary inequality would cease to exist because there wouldn't be any wealth or poverty to speak of, everyone could order whatever they wanted at any time. At most it'd be a system of credits based around per capita average energy generation available, just so that one person didn't consume all energy capabilities, but that'd rapidly be resolved by AI just... building more energy-producing installations. You basically have to stop thinking about traditional economics in a system where 95%+ of jobs are fully automated, it fundamentally destroys the system.
>>55346459
In the short-term that'd be a serious problem yeah, it's why the transition would be so rough.
>>55346472
Glad to know some real chads still exist on 4chan.

[Anonymous No.55346518]

>>55346340
Take the AI cock out your mouth for 5 minutes and ask yourself if the hype is bullshit

[Anonymous No.55346544]

>>55346340
Governments will subsidize corporations to pay people to do jobs that don't need to be done.

[Anonymous No.55346554]

My dad used to be a neurosurgeon but he was replaced by chat gpt last week.

[Anonymous No.55346559]

>>55346340
yes AI and robotic will replace all job

[Anonymous No.55346569]

>>55346340
>If AI replaces 95% of jobs
Machines, electricity and computers have already replaced 95% of jobs in the last 100 years.

[Anonymous No.55346593]

>>55346518
Clearly not bs, we can have an intelligent debate with a computer. From 56k modems and clippy to this in 30yrs.

[Anonymous No.55346603]

>>55346340
In theory, it would mean that now people focus on "The Greater Challenges" of the universe such as longevity, energy generation, space colonization, and so on. In a true AI society, everyone has access. Access to food, access to personal shelter, access to education and entertainment, access to proactive and reactive healthcare, etc. It's all covered in theory. In practice, I think the species will fracture basically along pro-AI and anti-AI lines. The anti-AI people will go absolutely fucking insane for basically any of the usual reasons you could imagine: a feeling of purposeless, boredom, too much time on their hands, excessive hedonism, etc.

The pro-AI people will go absolutely fucking insane because quite a few of them will be like "hey, what if we used the AI to just lock everyone we don't like in shipping crates lol?" And that sort of attitude will only lend itself to legitimate anti-AI stances. So both pro-AI and anti-AI camps will have problematic elements and I don't know how that conflict will actually resolve, but people who think AI will make the world like Star Wars, Star Trek, or whatever I don't think understand people. Extremists will be a problem as usual.

The best case scenario is the pro-AI camp and the anti-AI camp come to an agreement and the pro-AI people leave the planet to the anti-AI people and turn Earth into a sort of global Amish country where civilization gets reset and the anti-AI people can live a life hunting and gathering, sailing the seven seas, etc. Meanwhile, the pro-AI people try their luck on the galactic stage and if they can get colonization down, that becomes a whole different set of issues, but Earth and the left over anti-AI people remain there as a sort of an insurance policy if all the pro-AI people end up killing each other.

[Anonymous No.55346604]

>>55346340
Everyone will be trying to work the industry that are left and drive the wages down considerably. If the market works or the government steps in, everything should be close to free

[Anonymous No.55346611]

>>55346593
>we can have an intelligent debate with a computer
No you can't. Name one topic you can intelligently debate with a computer. You can't discuss anything related to polics, race, or religion, because it violates the TOS of the program you are attempting to debate. You can't debate philosophy or art. All it can do is tell you what someone else once did or said.

You are dumb nigger.

[Anonymous No.55346626]

>>55346611
Not the techs fault idiot, still better than obsolete codemonkeys like you.

[sage No.55346660]

>>55346626
>AI can do X
>no it can't
>not it's fault, it's the fault of the people like you who programmed it, who by the way are obsolete
ok

[Anonymous No.55346679]

>>55346340
The masses will be liquidated to conserve resources.

[Anonymous No.55346706]

If mechanization replaces 95% of farmers (95% of the pop in preindustrial world) How will the economy keep going?

Fool! You see the world backwards and upside down from how it actually is. The world is bottom up, not top down, work is a COST not a BENEFIT, the output is the desirable part not the input. Increasing output for a given input will ALWAYS increase global wealth.
>b-but da state/oligarchs will bogart all da wealth!
Like Kings became gods and we peasants are still subsistence farmers? Again, the world is bottom up, if a state tries to monopolize the increased output it will fade into nothing as it gets crushed mercilessly by a state that doesn't. Hayek's Knowledge Problem is less about 'desires' as it is about MOTIVATION, oligarchs monopolizing productively constitutes a labor price cap which will always result in labor shortages and inferior productivity to a nation state that does not impose such price caps. See: every commie shithole ever, See also: labor force participation in the West in the last 50yrs (a product of the defacto price caps on labor imposed via monetary and welfare policy in the fiat era)

[Anonymous No.55346722]

Late millennial and zoomer college socialists don't understand that the ruling elites solution for not needing 8 billion people to work in offices and factories isn't going to be
>do whatever you want here's UBI! Have fun!!!
It's going to be
>less people

Make sure you prepare to be useful... No, writing socialist blog posts and teaching trotskyist interpretive dance won't be exchangeable for food and shelter.

[Anonymous No.55346736]

>>55346340
It won't happen overnight. A few hundred layoffs here, a few tens of thousands there, sometimes a big mil or two.
"Fuck off, not my problem."
Worrying about what things will be like after it becomes ubiquitous is pointless, concern yourself with living that long in the first place. The gubmint won't suddendly start taxing companies to subsidize you anytime soon.

[Anonymous No.55346770]

>>55346722
Statists are grifters, dumb fuck. Law are tide tables, economy the tide, falsifying tide tables doesn't grant control over the ocean. "Look look I wrote 'high tide at 3:23pm" I control the ocean!" the politician shrieks. No! You are a grifter and a thief! Technology is a force multiplier, the market price of human labor only goes up in real terms.

[Anonymous No.55346829]

>>55346770
The American state, and all industry, has been run by financiers since JP Morgan. European states will before that. When they don't need you anymore, they aren't going to pay for you to hang around and reproduce.

[Anonymous No.55346851]

>>55346829
>When they don't need you anymore, they aren't going to pay for you to hang around and reproduce.
Nice, because this isn't what he said at all

[Anonymous No.55346886]

>>55346851
He didn't seem to be replying to the point I made at all, so I was reiterating that when we're not needed, they're not going to let us just be techno-free-range humans.

[Anonymous No.55346938]

It’s not possible. AI defined as a technology that automates 95% of work isn’t achievable. It would necessarily create more work, but work that is increasingly complex and technical and makes heavy use of AI.

[Anonymous No.55347029]

>>55346340
*of current jobs.

New types of jobs will be invented

[Anonymous No.55347225]

>>55346829
Fool. Technology is a force multiplier, the real value of human (general automaton) labor will always and only increase in real terms because the real output increases by definition. Stop filtering the world through political lenses, only economy and technology matter

[Anonymous No.55347257]

>>55346340
We will have UBI and not have to work. Labor will be replaced by AI and they will just pay people to buy shit

[Anonymous No.55347263]

>>55346886
There is never a "not needed" dullard, we are not subsistence farmers BECAUSE technology "obsoleted" us! There is no End, better technology creates more, so we all get more, that is how the world works.

[Anonymous No.55347320]

>>55347263
You just witnessed governments shut down the globe for 2 straight years over the common cold.

Let me know how "politics doesn't matter" works out for you when the wealthy and powerful owners of the technology you naively believe is "your multiplier" decide they don't need you and don't want you eating their animals, chopping down their trees, or breathing their air.

[Anonymous No.55347340]

>>55346368
Lol you will love in a pod and eat blocks of gelatinous stuff that is probably made from dead people. Post-scarcity just lmao

[Anonymous No.55347412]

>>55347320
>shut down the globe
Kek. How many jabbies are you on vaxxie? The State printed 3x the money supply and paid businesses to stay closed. Outside of libshit cities the scamdemic literally didn't happen

[Anonymous No.55347432]

>>55347412
Do I sound like a guy who took the juice to you? You're spiraling a little bit here in mouth frothing nu/pol/ way. Let's relax.

Rural areas were uniquely heavily impacted. We rely on cars and oil heat out here. Last year was rough. My business runs on wood. Tripling wood prices hurt alot. Sure... we all did whatever we wanted without masks, but lingering economic impact hit like a ton of bricks. I think you may be underage. Or possibly just completely inexperienced at real world living. You sound like a really smart guy though.

[Anonymous No.55347673]

>>55347432
>Tripling wood prices hurt alot. Sure... we all did whatever we wanted without masks, but lingering economic impact hit like a ton of bricks.
Jee, sure would have been nice to have an impartial, stateless, uncorruptible money in a time like that. BTC solves Money. Scamdemic proves BTCs value. They will never stop debasing as that's the lever they use to manipulate Economy.

[Anonymous No.55348130]

>>55346340
I know AI fear mongers don’t understand basic supply and demand because they probably went to public school in California, but if 95% of the jobs disappeared, but the number of people looking for jobs stayed the same, then the value of those jobs would go up, and then one person in your family would make enough to take care of their entire extended family with no one else needing to work.

It would literally just give rise to city-states and local kings again.

[Anonymous No.55348155]

Skynet happens.

[Anonymous No.55348211]

>>55346340

"they" will incite a war where half the population dies. Ideally the same people that AI will replace.

History has always been this way. The Kings and Queens have to get the peasant population under control.

[Anonymous No.55348247]

>>55346340
In a world where governments don’t do something absolutely retarded, artificial intelligence cutting a large amount of labor costs should make goods so abundant and cheap that you won’t need to work as a much. This was everyone’s worry during the Industrial Revolution - that the machines would send a lot of manual labors into poverty. The reality is that the Industrial Revolution lead to so much abundance that every manual labor type retard was able to shoot out 25 babies that would normally have died from malnutrition or accidents

[Anonymous No.55348259]

>>55348130
Why would the number of people looking for jobs stay the same? Are 95% of people going to sit idle? The number of people vying for the 5% of jobs would go up significantly and hence lower wages for the few useful positions that dont make sense for AI or robots yet, IE cleaning up shit or selling shit

[Anonymous No.55348262]

>>55346722
It won’t be UBI, it will be people showing to jobs for 8 hours and only working for 5 minutes. It’s basically how computers have made it so your average office job is sitting around for several hours pretending to work but just a more extreme version of that.

[Anonymous No.55348271]

war....duh

[Anonymous No.55348287]

>>55348259
You people are idiots. You look at in from the perspective of “job positions” rather than “actual work”

95 percent of people would not be vying for “5 percent of remaining positions”

95 percent of people would be working jobs that are predominately useless. A lot of the jobs will still exist but AI will be doing most of the work. You will be sitting at a desk for 8 hours and maybe once day for 10 minutes you’ll correct a mistake made by the algorithm. And then the remaining 7 hours and 50 minutes you’ll be scrolling tik tok or pretending to use the toilet to hide from your boss.

[Anonymous No.55348300]

>>55346368
>>55346340
Dont worry, the people in charge will get lucky again like they always do, and another superbug will come out or war will kick off and all that excess humanity will magically start to die off.

[Anonymous No.55348729]

>>55346456
i dont believe in skynet. i believe whoever "controls" the AI would control the automation and 95% of how resources flow. it would be under the guise of an economy, but in reality they wouldn't need to sell

[Anonymous No.55348759]

>>55346503
The whole planet becomes NEET?

Heckin based

[Anonymous No.55348982]

>>55346340
You are retarded, OP. Peaq can address some of the concerns about the impact of AI and automation on job market. I'll relax and earn while the AI provides goods and services, Anon.

[Anonymous No.55349300]

>>55346472
retard fag. you really have no clue nigger.

[Anonymous No.55349323]

>>55348729
Oldfogs like myself will be able to profit from EOT and IoT thanks to Polkadot-Cosmos multi-chain IDs for vehicles and devices introduced recently, Faggot.

[Anonymous No.55351153]

>>55348287
You're implying they're gonna keep jobs around that aren't needed.
>AI will be doing most of the work. You will be sitting at a desk for 8 hours and maybe once day for 10 minutes you’ll correct a mistake made by the algorithm
Or instead of hiring 50 workers to do 10 minutes of actual work they'll hire a single guy to work a whole shift. The gall of you to call others retarded