To generate income, producers need buyers. Income-earning humans have income. AI bots do not. So in this brave new AI world, who are the purchasers of all the stuff AI bot factories will produce?
Seems like Musk's ideas are built on the MMT pyramid, where money's real value is whatever its users say it is, where there is no physical asset…
To generate income, producers need buyers. Income-earning humans have income. AI bots do not. So in this brave new AI world, who are the purchasers of all the stuff AI bot factories will produce?
Seems like Musk's ideas are built on the MMT pyramid, where money's real value is whatever its users say it is, where there is no physical asset behind money, where the economy becomes even more Ponzi-eqsue than it already is.
To generate income, producers need buyers. Income-earning humans have income. AI bots do not. So in this brave new AI world, who are the purchasers of all the stuff AI bot factories will produce?
Seems like Musk's ideas are built on the MMT pyramid, where money's real value is whatever its users say it is, where there is no physical asset behind money, where the economy becomes even more Ponzi-eqsue than it already is.