Prepare for an AI Jobs Apocalypse

Post by graceful6800 » Sun, May 17, 2026, 2:21 AM UTC

stevenhuang wrote: post #9

awill88 wrote: post #8

Earlier quoted context omitted.

That’s a bet and remains to be seen.

AI automation will shift the labor demand curve. Once jobs that were previously done by humans are done by AI, this directly reduces human labor demand.

Post by stevenhuang » Sun, May 17, 2026, 3:27 AM UTC

graceful6800 wrote: post #11

stevenhuang wrote: post #9

Earlier quoted context omitted.

AI automation will shift the labor demand curve. Once jobs that were previously done by humans are done by AI, this directly reduces human labor demand.

That's also a bet and also remains to be seen

Post by epolanski » Sun, May 17, 2026, 9:14 AM UTC

leonidasrup wrote: post #14

epolanski wrote: post #4

> Prominent economists around the world have proposed higher taxes on capital and lower ones on labour. This so much. In Italy I pay: - 12.5 % of interest on government bonds - 26 % of interest on stocks capital gains - 21 % of taxes on the income I get by renting my real estate - 37 %+ of taxes on my labor - up to 57 % of taxes as a self-employed business If this isn't rigged against productive working and beneficia…

Someone has to pay for the past. "Italy recorded a Government Debt to GDP of 137.10 percent of the country's Gross Domestic Product in 2025." https://tradingeconomics.com/italy/government-debt-to-gdp

Post by mmarian » Sun, May 17, 2026, 2:15 PM UTC

kilroy123 wrote: post #7

I'm convinced the real threat is a good quality robot arm that costs $2,000 and is trainable in one single day by a regular person with an app on their phone. I think that will drive down labor costs and make millions of people unemployed.