• realitista@lemmus.org
    link
    fedilink
    English
    arrow-up
    138
    ·
    2 days ago

    “Significant productivity in the economy is going to raise the standard of living,” he said. “People who today have two-earner households, they’ll become one-earner households. Maybe some people who are working overtime will stop working overtime.”

    I fucking love it when the exact people who make it their life’s mission not to pay their employees living wages so that they can hoard wealth like an evil dragon come out and tell us that the new tech they are using to replace us will make us rich. Really fucking Jeff? How about we eat you and take it? That’s the only way I see it happening.

    • axh@lemmy.world
      link
      fedilink
      English
      arrow-up
      47
      ·
      2 days ago

      No, he said two-earner households, will become one-earner households, he didn’t mention* anyone will become rich**, just that one person from the household will become unemployed.

      (* at least he didn’t mention it in the cited fragment. I didn’t read the entire thing, my time is too precious, I must waste it on writing comments instead of reading sources.) (** Of course he will become richer, but that’s the obvious part of the idea and doesn’t need to be mentioned)

      • realitista@lemmus.org
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        1
        ·
        2 days ago

        How exactly will two earner households become one earner households without one of the earners making double the money?

        • boonhet@sopuli.xyz
          link
          fedilink
          English
          arrow-up
          2
          ·
          2 days ago

          The theory here is that if everyone is twice as productive, everything costs half as much in relation to what people earn.

          Of course that doesn’t work unless there’s heavy competition in the market for everything.

          • realitista@lemmus.org
            link
            fedilink
            English
            arrow-up
            2
            ·
            2 days ago

            Yes that doesn’t happen when monopolies dominate the economy as they do in the USA. Then the monopolies just take higher margins.

    • XLE@piefed.social
      link
      fedilink
      English
      arrow-up
      14
      ·
      2 days ago

      I’ve heard many a time from many a booster that AI will lead to UBI. This reminds me of that. CEOs selling delusion in a desperate attempt to distract from the reality, always claiming better lives are just around the next corner.

      • alphabethunter@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        2 days ago

        I just need a few more billion trillion dollars, bro, I swear. Trickle down economics work, just a few more trillions. I swear, bro, AI will bring UBI, just several more trillion dollars, bro. I swear, bro.

      • NottaLottaOcelot@lemmy.ca
        link
        fedilink
        English
        arrow-up
        3
        ·
        2 days ago

        The argument is always that “they’ll have to”. And really, it’s like “Bitch, they don’t care if you live or die. “

      • realitista@lemmus.org
        link
        fedilink
        English
        arrow-up
        2
        ·
        2 days ago

        Yeah we will get a UBI but they won’t pay taxes to fund it and will take jobs from the taxpayers who do pay. Same story as trickle down economics and we all know how that ended.

  • melsaskca@lemmy.ca
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 day ago

    At the end of the day I trust a pick and a shovel way more than this once-removed bullshit.

  • angband@lemmy.world
    link
    fedilink
    English
    arrow-up
    12
    ·
    2 days ago

    Wages for workers are the biggest line item for most companies. Owners hates it because that money is theirs, by golly. The concept of being part of an economy never enters their stream of consciousness, only the desire to optimize sucking money out of it.

          • ParlimentOfDoom@piefed.zip
            link
            fedilink
            English
            arrow-up
            2
            arrow-down
            9
            ·
            2 days ago

            How is I read this wrong a joke? It’s almost inevitable that someone in any comment section feels the need to put their dyslexia on display for some odd reason. What makes this one humorous?

            • zalgotext@sh.itjust.works
              link
              fedilink
              English
              arrow-up
              6
              arrow-down
              1
              ·
              2 days ago

              Couple different layers of joke, actually.

              The first is that they didn’t actually misread $12B as $128, but saying so is a cheeky reference to how B and 8 look similar.

              The second is sort of an attempt at absurdist humor. Obviously $128 is not going to get you very far towards building a physical AI engineer, and that question violates our rational expectations in a way that some find humorous.

  • teft@piefed.social
    link
    fedilink
    English
    arrow-up
    17
    ·
    2 days ago

    They better start putting fucking labels on AI engineered buildings and bridges because I sure as fuck am not getting inside or on one.

    • GorGor@startrek.website
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 days ago

      You can buy a subscription to an ai designed database. We will always keep our paying customers safe and happy.

      if your poor, try not being poor. Good luck.

  • liking625@lemmy.world
    link
    fedilink
    English
    arrow-up
    17
    ·
    2 days ago

    They could just make an artificial general CEO and get rid of his payments altogether, stock holders would get a huge rise

    • prole@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day ago

      Right? Pretty interesting that perhaps one of the easiest jobs to replace is never mentioned by them.

      Talking about replacing fucking engineers with unaccountable black boxes before even mentioning CEOs.

      What a fucking joke.

  • oh_@lemmy.world
    link
    fedilink
    English
    arrow-up
    13
    arrow-down
    1
    ·
    2 days ago

    All that money, and he does nothing of value for society. At least the OG evil rich guys of the 1900s did charitable things sometimes.

  • usernametbd@lemmy.zip
    link
    fedilink
    English
    arrow-up
    6
    ·
    2 days ago

    They are so shocked that no one likes their fucking AI or their data centers. Yet the same people go around selling every investor on AI replacing workers. The same people go out of their way to cut every social safety net so they can get tax breaks to make themselves more obscenely rich. The same people raise prices, drive down wages, cut benefits, lay off people, and bust unions every chance they get to juice stock prices.

    Gee golly, why don’t people trust us that we are making a better world? 🤦‍♂️