AI is a direct threat to US economic growth

T

tigerred59

Verified User
1761763670848.pngWhile the American Stupid is being distracted by all the shit the Trump WH has thrown out to us, key jobs in white collar companies are slowly vanishing. UPS, Amazon, GE, IBM, and more....AI is now the new black, or orange and its coming like speed lightening. AI is Trump approved and encouraged, as is TikTok....need I say more.
 
the sad truth is human capital is being stolen from us

technology should make our lives better - at one point that was certainly true. Industrialization brought massive reductions in the cost of goods and services.

That no longer will happen. Instead, those gains in productivity will be hidden by an inflation tax. Even as we automate more and more, we will find goods and services will slowly increase in cost - the fed insists we lose around 2-3% each year to be "sound". It is by design.
 
zymurgy said:
the sad truth is human capital is being stolen from us

technology should make our lives better - at one point that was certainly true. Industrialization brought massive reductions in the cost of goods and services.

That no longer will happen. Instead, those gains in productivity will be hidden by an inflation tax. Even as we automate more and more, we will find goods and services will slowly increase in cost - the fed insists we lose around 2-3% each year to be "sound". It is by design.
Click to expand...
AI is decreasing costs.
 
retard that lacks reading comprehension ~ "AI is decreasing costs."

reality - The central bank intentionally sets rates to inflate costs at around 2-3% annually

retard ~ pretends to know logical fallacies as his schtick
 
Been reading that our power grid cant handle the loads, that the AI business plans are fantasy, that AI is driving the stock market, that AI yap is being used to cover the fact that the American economy is shit, and that some people are seeing 30-40% increases in power bills to pay for power generation increases that AI needs which is of course not how it should work.

Also that China has already won at AI.
 
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