alt Hacker NewsIt's not about communism vs a free market, but about a change even more radical than that: leaving aside "made by a human" labeling, and even if there were no other changes to power structures or economies and no AI doom, what does a world look like if the cost of having something done falls to a few cents of electricity and its burden? Growing crops still takes a lot of land and other resources...
> what does a world look like if the cost of having something done falls to a few cents of electricity and its burden?
There will be an oversupply, demand will be there too, but no one can afford to buy since most jobs have been replaced by AI. So the price of goods and services should go down, or some form of UBI will have to be implemented which is just socialism for the masses. Its either that or total anarchy (also socialism).