The ultra wealthy will out compete you for the resources you need if we don’t start taxing them has been a discussion from the left for quite some time. It seems to keep coming true in new and disastrous ways, we are going to see more and more extreme concentrations of capital and power distort things and pretty soon it won’t just be middle and poor people who cannot afford anything, the whole value chain is being re…
[flagged]
I don’t believe point 1 at all, or the skill atrophy point of 2. and the billionaires think AI will indeed make them richer otherwise there would be no investment in these companies would there?