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I think we’ll see a lot of job cuts due to AI implementation, and then a lot of rolling back of it. A lot of stores around me put in the self-checkouts, and now they are disappearing. Companies are doing things without really thinking them through and costing themselves a ton in the meantime.
I think about this a lot. And I think there is a lot of Doomerism about the topic. But honestly, think about it, the one percent and the wealthy need a stable, employed workforce in order to keep society functioning. If all of our jobs are taken and the majority of the population is destitute and without hope, that's when revolutions happen. I don't think we're going to get to that point, and I think it's in their best interest to prevent that from happening.