Software has already been doing a lot of stock market buying and selling for many years, even before AI came along, I imagine that sort of concept but on a more expansive scale, for a start!
Why would we need anyone to buy things? Remember that money is an abstraction for resources. If you can do everything with AI, then you already have all the resources you need. Whether or not someone else needs what you produce is irrelevant when you already have access to everything you could want.
Yeaaaah, the issue there is that, that is completely incompatible with our current system of capitalism. If we do not take deliberate steps to transform the system, it will collapse.
Instead of collapsing like a phoenix and birthing a new better world, it will cause death, suffering, and turn us into some sort of fucked up techno fuedalism worse than we are now.
I understand the nihilism, but we need to take the broken pieces we have now and reshape them into something better, not throw them out hoping things become better for no reason. They won’t.
There is literally death, suffering, and we’re heading towards some sort of fucked up techno feudalism today. Like we don’t need a revolution for that, that’s the path we’re currently heading towards without one.
Revolution isn’t pretty but just as when we overthrew monarchs, the end result and saving of future lives justifies it.
It’s no less compatible with capitalism than any other economic system. The idea that humans are no longer needed to do any kind of work is an issue the world has never faced before.
Whoever still has money. Either importing wealthy immigrants to replace the American market or they’ll move their products to the markets that still have money.
War will be fought with AI too. It’ll be like that episode of Star Trek where each society’s AI battles the other and whatever death toll the computers calculate, that many citizens must report for euthanasia.
They kind of do. (I am so sorry, not trying to be that guy).
Look at HIV. The original strain is horribly deadly, but the strains that have evolved within the last decade are much more tame. It’s because the virus that kills its host doesn’t get to spread - Zombie outbreaks excluded here.
The flu is the same way. New strains always emerge, but they are usually not fatal to most even without a vaccine.
Other companies? Companies also need things, so they would also need things to buy and sell. Buying and selling to each other doesn’t seem entirely unreasonable, particularly if the goods are non-physical. A company selling editing services for articles to a company that writes those articles for a news company who might be selling stocks to an investment company, and ad space to an ad company, etc.
Realistically, though, that doesn’t tend to be that high a priority, or much of a long-term worry. Most of the concern these days seems to be focused more on the short-term profit more so than anything else, even if it will ultimately harm the company.
Not that it would really matter for most, since a lot of the people who might otherwise be affected would likely be out and away by the time that that rolls around. It would barely affect them.
Everyone will be working multiple shitty service jobs that robots are not cost effective to automate. Our miserable wages will be just sufficient to keep the wheels on the cart from falling off.
This doesn’t sound sustainable at all. A billionaire only needs so much gasoline, food, medicine, TVs…
Collapse of entire industries will happen way before we even get a chance to see industries reinvent themselves to cater to billionaires. Don’t believe me? Just look at what happened to the economy during the pandemic.
Yeah of course industries will collapse. 100 car factories will close, 5 superyacht factories will open, tying up the same amount of productivity. Owned by the same guy.
There will be tons of spacecraft launchpads, private jet hangars, etc.
How is everyone going to be fired by AI? First define AI, because what we have now is a bunch of LLMs.
In the end, it’s more practical to have both working in tandem. You have a person who has common sense guiding and an AI tool who assists the person in doing the work.
At worst, people would have to up skill/re skill to have working experience with AI tools.
But people are not gonna stop working. New jobs will be created and some old jobs will disappear, as it has been the case