You need not look further to find your first "practical problems"
It did not happen because of sudden productivity increase that put too many people out of work. No economic crises ever happened that way, and there is no reason to believe any will. This is what every economy strives to achieve and it's kinda stupid to be afraid of it. Some people can be hit hard, and it always happens during every technological revolution, but with sufficient investment into predictive policing and law enforcement overall, this is a manageable risk.
Surely, a stock market shock can happen other way around - if AI will turn out to be a flop - but i believe this is not the risk you are talking about.
Look at what happened during the Great Depression, when unemployment was high. It doesn't matter how we get to high unemployment or depression status, but for sure there will be a lot of bad things, many more than you proclaim.
Look to the Great Depression to see what the human condition and spirit was like if you are having trouble imagining possibilities
But we are speaking simply of mass unemployment. That alone is not enough to cause widespread despair.
I think a simple question, where do the unemployed eat and sleep during extended, high-unemployment?
Are breadlines in 21st century America not a thing you foresee in a 21st century depression?
Cops kill almost daily with immunity.
Spouses across world abuse each other and their children.
You rely on slave labor so you can perform useless IT work.
But no one ever acts so uncivil as I have on HN.
Oh look another ...old... account. That explains the Mr Rogers-like-view-of-reality.
Thoughts and prayers.
How many accounts have you had? How many have been banned?
yes, I'm still on my original account I made when a college roommate told me I needed to be on HN
Just an insipid social flex?
Oh man; people of the future will sign songs about your account age achievement!
It's nice being the benefactor of slavery not the slave, huh, out-of-touch-first-worlder?
So long as we keep the slavery out of our country it's cool. We earned freedom, material excess, the deference of billions of others cause America ...zero real obligation to ourselves, just a life of paid quick fixes cause we rich beotch
If you'd please review https://news.ycombinator.com/newsguidelines.html and stick to the rules when posting here, we'd appreciate it.
We ban accounts that do that repeatedly, and I don't want to ban you because some of your other comments have been substantive and fine. Would you mind reviewing https://news.ycombinator.com/newsguidelines.html and sticking to the rules in the future? We'd appreciate it.
p.s. I've added more here than I did in my mod comment to the GP because your account is new and I thought the extra information might be helpful to orient to the kind of site we're trying for.
Once in a while I get bored and need a social media bump and then remember social media is dystopian af (ignore your own eyes/ears and abide the mods! Their final most important command).
Tech bros; helping 2034 be like 1984.
Hahaha ...hahaha
Just wave off 10s if millions of able bodied people in the US alone, with 3 guns per adult; without an assurance they can stay in their home while things are sorted all those lives are more than "simply" upended
Your literacy, ability to put things into simple terms, to skeletonize in rhetoric, is tricking you into false belief.
Based on the age of your HN account, going to assume you're of an "out of touch generation" who still thinks of language as magic incantation.
"Well I say it's simple so it must be."
Touch grass. Your literacy is a sign of mental illness. It leads you to assume reductive statements like yours are iron clad immutable physics. That you just willed the future to react to major social upheaval "like nbd, bro."
Literate people are capable of being quite fucking stupid.
Your post is not the sign of someone who is healthy either, people don't say things like you just have.
Nor is it the level of discourse HN finds acceptable
HN is a bunch of ostriches
Thoughts and prayers!
Crime is low where income is adequate, Crime is (very) high otherwise
First of all it's not just the US but the entire world. Trick is, as always, simply not to do worse than others.
As for tens of millions being unemployable... so what? What are the practical problems it creates? Crime? Highly unlikely. These people are older and more individualistic and serious property crime is a collective affair. Crime is low these days in general so even a considerable increase in it won't be some sort of unmanageable disaster, America has been there before.
I can't think of much else in terms of problems it could create.
Consumption and thus "keeping economy going" is currently maintained by people who make income from capital and it will only become more so. Employment as a tool of distributing money for consumption will simply become less relevant.
For next generation, it will be easier because surely personal service will get revived as a mass occupation - and there, having a person is the whole point so it's safe from automation by definition.