this post was submitted on 22 Nov 2024
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Old people don't pay much in taxes and AI doesn't pay tax at all, so without the tax revenue of regular working class people all the social security benefits that the old people rely on will go bankrupt.
Hmm, that sounds sus. A society suddenly experiencing less labour demand because of technological advancement is a society that is, overall, enjoying the same level of wealth without the cost. If those benefits can't be used to help those who are worse off due to the change, then it is some beneficiaries within the society that are causing the harm.
Yup, but thanks to unchecked capitalism, the increasing wealth is being concentrated in the hands of fewer and fewer. The corporations using AI to replace workers should be making up for the lost tax revenue, but corporations also don't pay much in taxes. The shareholders don't care though because they don't need social assistance, all they want is the force of law to protect their capital and keep the working class in line.