Not only expect to see a "big crash", but expect to see total collapse of Capitalism with French style Revolution within 5 years. There will be blood in the streets literally not methaphorically as it should be.
We know people need to eat or else they die painfully. We also know you can buy food with money. We also know job gives money for majority of populus. We also know jobs are being eliminated completely within 5 years and then physical jobs also with robots.
So knowing this, if people have no job, no salary, no money to buy food with, they will get their food by force. It's just a logical conclusion.
And no, nobody will give you UBI, stop being naive. UBI has been depunked by economists numerous times, it just doesn't wokr mathmetically. World will transition to communism and the upper class will be simply eliminated physically as it has happened in the past.
More likely we devolve into Kardashian Type society of shallow attention seekers. Or worse, we move towards a permanent divide of the insanely rich who own the machines and everyone else who struggle to make it through the day.
There are some who would say that both of these have already happened.
We're just missing around 9001 steps between the devaluation of labor and the space exploration, which according to current understanding of physics is pure fantasy because all concepts of faster then light travel are purely "what-if" daydreams
Define "pretty" picture. Everything free for everyone aka communism sounds amazing and tell me how it's better than what we have now with people starving and child amputees having to beg for pagpag in dumps of Manila.
You say that like inequality is a problem. If so, there's a really easy way to solve it: nuke the planet back to the stone age.
Personally, I'd rather have inequality if it means everyone can live a peaceful life. Let the rich have their yachts or whatever.
I don't see why the increased productivity provided by AI won't make things better, given that all of the ills of the world are caused by scarcity: that is, insufficient productivity.
They actually do, if you ask them better questions. "Inequality" is a boogeyman that has a lot of baggage attached to it by society but, if you were to ask people if it was a good thing for millions of people to be lifted out of poverty if the cost was that on person was obscenely wealthy, most people would side on the side of inequality.
"Inequality" is just an academic word for "Keeping up with the Jones'". Each generation has more material good, both necessities and otherwise, than previous generations. It's only through comparison that people are made to feel poor. Rather than look at trends of poverty and flourishing, people are made to feel cheated by not getting a slice of someone else's pie.
I don't think so, in fact it might be counterproductive. I think it could and should be done within existing structures. But it will require mass mobilisation and counters to mass propaganda.
Are you ready for great age of suffering? Because there will be no saving, no UBI, no plan B. This is it. This is the end of careers and beginning of centuries of misery. AI will replace everyone except around 3%. If you aren't one of those 3%, start accepting the reality of infinite pain.
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