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I'd argue the economy is propped up on pointless work providing employment. If you throw AI in that it'll contract and it'll either collapse entirely or move to a social care model that no one will foot and rapid class division. You'll end up with burning or unused datacentres that is all.

Any economic model that I've seen leads to failure. The only reason it's popular now is that numbers are going up. People are just edging it.

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I’ve never seen these style arguments pass the “show me a good example” phase, at the scale that would be needed to “prop up the economy.”

Well look at my 500 seat company. We laid off 200 people with no measurable productivity impact. And we didn't embrace AI in the process.

We were just keeping the unemployment figures down.

Also look at the large tech companies. Same story.

Current layoffs are more correlated with overhiring during/after Covid. The fed money printer, growing national debt and low interest rates are more to blame.

I’m not in the US

Ok what’s your country’s monetary policy? Most print debt

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