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This take is pure Luddite nonsense. AI "lowering labor value while boosting capital" ignores centuries of automation: productivity gains cut costs, expand markets, create new jobs, and raise real wages despite short-term disruption.

Steam engines, electricity, computers displaced workers but spawned far more opportunities through new industries and cheaper goods. Same pattern now.

The "jobless masses stuck with 1GB phones eating slop" fantasy is backwards. Compute keeps getting vastly cheaper and more capable; AI speeds that up.

"Terrible for indie creators and startups"? The opposite: AI obliterates barriers to building, shipping, and competing. Solo founders are moving faster than ever.

It's the same tired doomer script we get with every tech wave. It ages poorly.