> You might object: if we’re all jobless, who’s paying for everything? This is trivially answered: the state acts like the heart, taxes are venous blood and welfare is oxygenated arterial blood. The government pays Raytheon for missiles, the money cascades down the economy through factories, aluminium smelters, mines, transport companies, all staffed by AIs buying and selling from each other. The government takes a cut of all economic activity, pays out welfare, the unemployed masses buy food and pay rent, the supermarkets, farms, logistics network, etc. are all staffed by AI.

I don't think this person has a firm enough grasp of economics to be writing on the subject.