OpenAI is not going to pay off my mortgage, it’s not going to replace my roof, it’s not going to fix my car, and so on. Money is still going to be very necessary for goods and services.
OpenAI is not going to pay off my mortgage, it’s not going to replace my roof, it’s not going to fix my car, and so on. Money is still going to be very necessary for goods and services.
I don't see what point you are making here. I responded to OP asking about "who is going to buy all the stuff". The people who would be concerned with that are by and large not stressed about paying house mortgages, replacing roofs or fixing cars.
And if they were, then the machine will just do all that for them. That's the point. The things you mentioned don't need intrinsically need money. The machine can fix or create whatever car, replace whatever roof, and build whatever house.
> The people who would be concerned with that are by and large not stressed about paying house mortgages, replacing roofs or fixing cars.
Well they should be, because actually putting 2/3rds of the workforce out of work in a short, sudden fashion is probably not going to end well for them.
> The things you mentioned don't need intrinsically need money. The machine can fix or create whatever car, replace whatever roof, and build whatever house.
What machine is this? It certainly doesn’t exist and won’t in the short timeframe these AI companies are predicting everyone is gonna be laid off. Maybe, maybe if the timeframe for “no one has a job anymore” happens over say, 100 years, things might go slowly. Over two or three years? Heads will roll.
>Well they should be, because actually putting 2/3rds of the workforce out of work in a short, sudden fashion is probably not going to end well for them.
Maybe. The ruling elite being a small fraction compared to the downtrodden masses is hardly a new manifestation. Regardless, money won't be the primary issue. Again it's just (intrinsically) worthless paper. All of its current value is a social construction and new ones could take its place if necessary.