this post was submitted on 22 Nov 2024
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People simultaneously seem scared of AI automating jobs, and of there being too many old people for young people to look after as they'd be too busy with jobs. Wouldn't those cancel each other out? (lemm.ee)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

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.