Thursday, December 11, 2025

The coming AI crash

 From Owen Jones, talking to Professor Steve Keen, who correctly forecast the GFC.   He reckons the current AI boom will fizzle out within a year, to be followed by an AI bust as AI takes over more and more jobs.  He points out that a UBI will be essential, or people will starve to death, and there will be severe civil unrest, a dystopian "Hunger Games" scenario.  A new Great Depression, leading to massive economic and social change.

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