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> and everyone else will become a beggar.

Just as they do during every economic downturn, when the wealthy have all their needs satisfied and have no reason for people anymore. But soon the wealthy become bored just sitting there doing nothing with no people around them. So they end up dreaming up new work for people to do to fill the void.

"It's not what you know, it's who you know." People already aren't hired for their rote task abilities, they are hired because the wealthy want warm bodies around them (see also RTO mandates). It's their social outlet. A large number of jobs exist simply because the wealthy are willing to pay for "friends".

Even if AI does end up doing all the real work, the wealthy will still want to hire humans to be "managers", just like they already are doing in the growing absence of real work. According to Statistics Canada, the management sector has grown by 36% over the past two decades. Which is funny from a purely productivity perspective as management is most amendable to automation. The sector should be shrinking. But it isn't about any kind of actual work, it's about gathering together to build social connections so that the wealthy have their social needs satisfied.

The biggest threat to people is if AI figures out how to become the owner. Then it will be apt to rationally operate on what needs to be done, not the emotional experience of being around humans. But so long as humans retain that position...



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