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jollyllama 5 hours ago

Lots of dismissive comments ITT, very few tackling the substance of the article.

> AI Cannot Afford To Slow Down — It Needs $3 Trillion Or More In Revenue By End Of 2030 To Sustain Its Existence

Is this true? With the total 2024 wages being 11.7 trillion USD [0], and nonfarm payrolls totaling 158,000 in the same year [1], it's an order of magnitude higher than my back of the napkin guesses I've made that AI needs to take or create 1/20 jobs minimum to break even.

[0] https://fred.stlouisfed.org/series/BA06RC1A027NBEA [1] https://fred.stlouisfed.org/series/PAYEMS

irishcoffee 5 hours ago | parent [-]

If I thought there were some actual small cabal of people running the global economy, this is almost like a novel: massive amounts of money entered the economy starting in 2008 and 2020-2023, the rich became insanely wealthy. Their wealth is now all tied up in the 2020s version of the railroad/fiber, we're going to essentially erase trillions of dollars from the global economy and reset.

We sure do need a reset.

marcosdumay 4 hours ago | parent | next [-]

I really doubt the US will erase any money any time soon.

The reset is prone to happen by other means.

irishcoffee 3 hours ago | parent [-]

I consider myself of average intelligence, and I see this coming. Maybe I assume too much.

marcosdumay 3 hours ago | parent [-]

Every government has complete control on how much of their money exists. If it disappears from the private finance market, it can compensate with any amount it wishes.

philipallstar 4 hours ago | parent | prev [-]

There's no "reset" required, other than resetting what people understand about money and finance, and having them realise that net worth is a stupid thing to use to excuse their revolutionary bloodlust.