If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on.

That is a huge "if" though. I am not sure either that the latter falls from this. When the US transitioned away from assembly lines or agriculture dominated, it's not as if consumer spending consequently collapsed.

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thephyber 3 hours ago | parent | next [-]

When did the US transition away from agriculture?

When did the US transition away from assembly lines?

I don’t think you have thought through either one of these and I don’t think they are comparable to what we expect to see for AI’s changes to the job market.

	▲	paulpauper an hour ago \| parent [-]
		here is the data. Farming as a percentage of the labor force fell considerably https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi...

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whazor 3 hours ago | parent | prev [-]

Especially also since AI providers are struggling with scaling up.