Musk has recently said that people won't have to work in 10-20 years, people won't need to save for retirement, there will be universal income, money as we know it will be a thing of the past with ample services for all necessities provided for virtually free. Multiple AI leaders have consistently warned that AI can devastate job availability, that the goal is to replace human labor. If people like Musk are saying this will be our reality, what will be the mechanism? When does that discussion start?
i appreciate Musks eternal grind to his cause. But at times i find his rhetoric frustrating. One should ponder why these doomers promote this message. anyhoo, here is a neat article talking about a newsweek cover back in 1965 talking about the impending obsolescence of millions of jobs on the advent of the personal pc https://www.newsweek.com/2015/02/06/newsweeks-past-challenge-automation-303015.html
Musk’s predictions have a terrible track record. That said, others (including Yang) have made somewhat similar predictions. It’s putting the horse before the cart, especially when it comes to AI and robotics. The industry is still too young. Right now, there is a lot of spending, and the companies that supply components to AI firms are making a killing (memory, CPUs, GPUs, storage, etc.). The "AI" companies themselves are not profitable. Glancing through the bill, it’s full of problems. A one-time 50% tax on these companies is extreme, especially since it’s based solely on revenue. That would kill many of them (including OpenAI, Anthropic, etc.). NVIDIA would survive but be squeezed enough that Chinese AI companies could outspend them, putting the US at a disadvantage. It’s not a serious bill. Taxes will need to increase to address the debt and fund major social needs (healthcare, long-term care, etc), but this is not the right approach. Too many of the big companies get away with zero taxes or too low of a tax... tackle that first.
I'm not saying his words are scripture, although, some people do treat them that way. Even if he, and others are exaggerating by a factor of 5x, it's still pretty serious situation that's worth preparing for if we, like, love our kids at all, right? Is the wording of tax here not referencing the transfer of stock ownership, rather than an actual fee to be paid? The specifics of that bill aside, however flawed it is, my point was I think it's a fine time to have a national discussion on mechanisms to secure our society in the event that AI becomes extremely impactful to the economy and job market. If that bill is unserious okay, but the discussion on what is serious should begin, I don't think it's too early.
Displacement is constantly occurring, so Im not sure why we should be any more vigilant than times past. Fear mongering generally leads to complacency. In a given 40 year career, most jobs face some form of displacement at one point or another. And this AI nonsense is not leading to a demi-god like capability. Too many factors at play.
I read that too fast. Yes, it is essentially a direct transfer of ownership. It would still have a major impact on newer AI companies because their growth depends heavily on investor funding and equity valuations. I don’t think it’s too early either, given the potential dramatic impact on labor. But if AI doesn’t actually affect labor as commonly thought, that doesn’t mean there shouldn’t be something similar to address broader issues (debt, healthcare, future elder care...). So, I think it’s part of the conversation, but not the only part.
That’s a lot of confidence in thinking (seemingly most of?) the tech leaders are all dead wrong. What Elon said was the opposite of fear mongering, technically. Im talking about being prepared. What Norway did with its oil fund was / is incredible.
I think promoting an idea that manual labor will become obsolete is fear mongering. This in itself is a whole different discussion, when it comes to human purpose and agency. Musk also talks about how money will become obsolete, which also is just a bizarre take coming from him. As I said, I don't like when Musk does this. The idea people will be left up to their own devices is frequently discussed across different fields like psychology, philosophy, biology and religion. Also, discussing a sovereign wealth fund or equivalent is a different discussion. Its going to be like any other technology - it will massively improve the work flow for the average human. Those who embrace will do well and those who reject will fall to the side. So far, there is nothing super human or super advance any more than what a 20 year old microprocessor has done for humanity. AI will accelerate new discoveries and technology, but it will not create it on its own accord.
Musk could very well be right, but he forgot the fact that this will entail redistributing 99.99% of his wealth and rougly the same percent from the typical billionaires. Of course he is saying something that many have said for year. Like his malignant narcissist buddy Trump he thins he is the most important person in the world. Anybody know if Elon as a young Apartheid fans in South Africas fell asleep reading over and over Atlas Shrugged?
This report is flawed. I would surely fly ol glory in front of my house but I have no flagpole. Does that make me anti flag or anti USA?
More like anti putting forth the effort to dig a hole mix cement mounting and assembling said pole. If I had a flag pole it would have an American flag. An Irish flag. An Astros flag and a Texans flag. I have a lot of TV ad on stations to pay for. I do have a wooden American flag on my drinking patio in my back yard. Does that count?
Woman who emptied Knicks trashcan on street— then stole it — fired from JPMorgan Chase, was DEI exec https://nypost.com/2026/06/23/busin...ole-it-was-dei-exec-worked-at-jpmorgan-chase/
If they want to be Palestinians so bad I would revoke their citizenship and hand them over to Hamas Especially the fat white chicks @basso @Salvy @glynch
Im lost… was she running for Senate in NY or a 2028 candidate for president? What do stupid Knicks fans have to do with the state of the Democratic Party?
The question of being a “proud American” is also coded to ask if you like to partake in performative patriotism vs are you someone who is willing to question authority and voice concerns. It’s also funny that maga voters say they are proud of anything since they are so chickensh$t about their beliefs when they are asked ever in public. How many times do we hear from the most maga people ever phrases like “I’m not really a political person (while acting as a maga activist)” or just outright saying they are a not a Trump supporter while playing the deductive reasoning trick where if they didn’t fully support Trump satan himself would have world domination, and you are satans spawn if you don’t also support Trump. So yeah on the whole patriotism thing I believe that the most American thing you can do is actually stand up and voice your concern for the direction of the country. Being forced to display performative patriotism is exactly what you see in communist dictatorships like China and North Korea.