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aurareturn 4 hours ago

They are offering the public an opportunity to become shareholders and they are giving their investors and employees liquidity.

Avicebron 3 hours ago | parent [-]

I mean as a long-term product, not as a offer to join a hype cycle.

aurareturn 3 hours ago | parent [-]

Automating a large portion of existing white collar work, accelerating scientific discoveries, brain for robotics, etc. These are compelling offers.

Avicebron 3 hours ago | parent [-]

Sure, how does that benefit the public?

ArmadilloGang 2 hours ago | parent | next [-]

Short term, nations with a high rate of white collar employment and fewer social services will suffer greatly.

Eventually, and likely in the lifetimes of most people living today, we would have to see something akin to universal basic income (UBI) that covers the necessities in order to stave off massive civil unrest.

If the white collar labor of human beings can’t compete with the output of AI, we either all become blue collar workers or we re-invent the concepts of work and play.

I’m not aware of any existing or proposed economy framework that adequately accounts for the automation that is nearly here at scale. We are not just automating away jobs - we are automating away the value that human beings have within a productive community. Before the mass starvation will come the mass suicide. Our culture teaches us that a feeling of self worth is derived from our perceived productivity. If we cannot feel successful, we may lose our wills to live.

aurareturn 3 hours ago | parent | prev | next [-]

I don't know. Some will benefit, some will not. The topic here is the IPOs.

justapassenger 3 hours ago | parent | prev [-]

What have the Romans ever do for us?!

undersuit 2 hours ago | parent [-]

Their ruins are great tourist attractions.