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Culonavirusyesterday at 10:03 AM5 repliesview on HN

> The human is reduced to the ultimate consumption machine.

Question is, if the AI bros are right about a "new industrial revolution", will there be consumers to consume if all the wealth is concentrated in the top 1-2% of the population? (the owners of AI hardware and software)


Replies

impossibleforkyesterday at 12:12 PM

If that happens it won't be the AI people who benefit. The wealth will be concentrated among the present capital owners. Even many top AI experts who contributed critical research won't become rich.

You'll see the wealth concentration you talk of, but it'll be completely different people who get this wealth, maybe even people who own businesses where wages are a large outlay.

overfeedyesterday at 7:04 PM

This is why they are looking at government coffers with a hunger in their eyes. They don't care for the long term societal stability; the richest of them fantasize riding it out in their island bunkers.

ddalexyesterday at 10:31 AM

I keep seeing this worry about "who will consume?!!?" This is entirely unfounded - the AI will develop its own marketplace and AI will consume.

The question is, will be there anything left for humans to consume ? will we survive ?

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simianwordsyesterday at 4:07 PM

The answer is already in your question. The original Industrial Revolution concentrated wealth and yet increased the baseline wealth for everyone else.

There is no reason to believe otherwise in this revolution.

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reaperduceryesterday at 1:00 PM

Question is, if the AI bros are right about a "new industrial revolution", will there be consumers to consume if all the wealth is concentrated in the top 1-2% of the population?

Who cares? That's two quarters away. What matters is that I got my Lambo and my speedboat today. Let the poors worry about the future.