alt Hacker News>This is simply not how the economy works, if everyone is poor who do you think is paying for products/services leveraging AI?
Well, this is already the economy right now: the very upper class is owning more than the vast majority, and consuming more than the vast majority.
"The top 20% of earners now make up over half of consumer spending"
https://www.axios.com/2025/08/08/stock-market-us-economy-ric...
>also means you are opting into homelessness, famine, cancer, climate change, etc. pretty much everything that we could solve with ASI.
All these could be stopped right now but many people don't want to. Your ASI is going to give the same answers scientists have been reviled for saying: tax more, don't let the free market decide everything, est less meat and drink less alcohol, consume less in general.
Human stupidity is the real problem and ASI isn't going to "solve" anything.
Top 1% and top 20% are entirely different numbers, and majority does not mean all. If the bottom 99% or even 80% of people were unable to meaningfully engage in the economy it would collapse. We already know this model does not work due to several centuries of feudalism.
It's also insane that we have come to the point that you can say something like this and publish an Axios link when anybody could just go outside and see most people are employed, participating in the economy, not homeless, have food, buy things and enjoy luxuries.
Am I to believe that Jeff Bezos is the primary driving force behind Labubus? Is the Chipotle down the street waiting for Elon to come to town so they finally have a customer?