Here's the thing. This is going to happen to everyone, as in, no person will be valuable enough via the contribution of their labor to survive without subsidies. At the level of automation we've reached in society, low-skilled labor is worth, per hour, a very small amount. As AI and automation improve, the majority of people will have negligible economic utility. The only way around this is to let those people starve…
> As AI and automation improve, the majority of people will have negligible economic utility Who's going to subscribe to Prime and buy stuff when everyone is poor? The Walmart/Amazon wage strategy only works if the rest of society doesn't defect too. Henry Ford understood that his workers were also consumers.
Nobody is seriously scared of that in 2024.