The AI boom has turned the standard profit margin model on its head, according to Apollo Chief Economist Torsten Slok—and it’s making the industry’s growth unsustainable.
Except they take all of the land and resources with them. You posit the billionaires have a fully automated robotic industry at their whim and they will leave any scraps for the rest of us? It would be judgment day from the Terminator series, except instead of a super intelligent Skynet AGI mowing down humanity it would be psychopathic pedophiles.
They buy products from each other, and shut out more and more people if society.
You see the homeless drug addict on the street? They want more of that.
They buy products from each other and shut themselves from society.
Which is not a bad outcome.
Except they take all of the land and resources with them. You posit the billionaires have a fully automated robotic industry at their whim and they will leave any scraps for the rest of us? It would be judgment day from the Terminator series, except instead of a super intelligent Skynet AGI mowing down humanity it would be psychopathic pedophiles.