Economists say 'we must act now' on AI's economic impact and job displacement

Yep, plain as day issues aren't being solved: Climate catastrophe, extreme concentration of wealth (with asset buying blowing up house prices), monopolies and oligopolies is now the standard/expectation for anything you are allowed to buy in your local foreign-owned chain store, social media and phone addiction impact on our kids, ourselves and other adults, and our parents, and now AI (faulty basic expertise turned commodity) as well as making many forms of artistry and jobs complete dead-ends.

The number one thing to learn from all of this is that governments aren't really hands-on-wheel and maybe never have been. It's interesting to watch an old video of a politician from eg. the 60s, 70s or 80s and compare to today, though. So, I could be wrong.

And "others" will be blamed, if history repeats.

Re: Economists say 'we must act now' on AI's economic impact and job displacement

#10

Post by ebbi » Mon, Jul 13, 2026, 9:06 PM UTC

taybin wrote: post #3

I hate to be cynical but I expect this call will generate as much action as climate change warnings.

I've been pondering this, and have been moving between cynicism and (cautious) optimism.

I think there will be more action on this than climate change, only because the AI impact will have a more immediate, direct impact on politicians.

One thing I can't get my head around is the promise that AI will make everyone better off. If AI is taking peoples jobs, that will lead to more people unemployed, which will lead to more people not being able to purchase goods that ultimately benefit the rich who have large amounts of influence on politicians.

Once this impact starts to hurt the people that has influence, we will start to see some action.

Climate change is something that won't impact many of today's leaders for too long, so the can is constantly kicked down the road.