• CompactFlax@discuss.tchncs.de
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    2 days ago

    The American stock market is disproportionately inflated by AI. Without it, the recession would be evident. When number go up, people keep jobs. When numbers go down, unaffected management lays people off just in case.

    Also, no worker protections, boss could decide tomorrow you’ve been replaced with an AI. Whether it works or not is his problem but feeding yourself and family remains yours.

    • 4am@lemmy.zip
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      1 day ago

      The AI industry is:

      1. Propping up our entire economy and retirement savings
      2. removing our ability to buy electronics of any kind
      3. designed to replace workers without a safety net
      4. Designed to watch us all and filter our informarion

      So, with the fascist government’s help, they’re building a giant pantopticon while taking away our information freedom, while they siphon away whatever wealth we have until we can’t live anymore, under the threat of total and permanent annihilation if we make it fail.

      Yeah, they’re turning the whole country into a concentration camp. If they keep power, expect Border controls. Why do you think ICE gets more money than all other agencies?

      • mnemonicmonkeys@sh.itjust.works
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        22 hours ago
        1. Propping up our entire economy and retirement savings

        It’s not “propping up the economy”. The stock market is not the economy. If anything, AI is dragging the actual economy down further.

        designed to replace workers without a safety net

        It’s not really capable of that except in a few tasks. For programmers, a lot of companies have overhired over Covid and have been looking for excuses to downsize without looking bad to investors, especially with the economy in recession. AI is mainly a convenient excuse for that