Re:I'm Not Convinced the AI Bubble Exists
by tsimionescu on Tuesday November 10, 2026 @06:44AM
(#50438945)
No, it just assumes that they will be less well payed, without any commensurate increase in anyone else's pay.
You can't have economic growth while employees are getting paid less overall, since employees make up the vast majority of consumers, and so of the demand side of the economy. So less/less well paid employees in the whole economy => decreased demand for all goods and services => no economic growth => no trillion dollar revenues.
You can't have economic growth while employees are getting paid less overall, since employees make up the vast majority of consumers, and so of the demand side of the economy. So less/less well paid employees in the whole economy => decreased demand for all goods and services => no economic growth => no trillion dollar revenues.