Raw LLM Responses

This video makes a hell of a lot of assumptions. If the majority of the people are unemployed then it's hard for companies to make a lot of money since the majority of services provided are for consumers. If no one has any money to buy anything then it's hard for the economy to take off. This is why countries like China original wanted to prop up their middle class so they could create economic boom that comes from all those people wanting to purchase goods and services. Showing off third world countries that have rich oil tycoons or some other resource fails to understand how economics work. See in order for those people to get rich they need customers buying those resources. Like those middle class people in rich countries driving around their SUVs and other gas hunger cars. Their massive demand for plastics that use tons of oil. People buying over priced Diamonds for their partner. And so on with tons of other examples that drive the economic growth. When massive unemployment hits people stop spending on luxuries. They eat out less, travel less, wait to upgrade their electronic devices, and SO many other things. This creates a snowball effect like what we saw during the lock down as people in service industries get laid off not because they were replaced by AI but because the people that use to come there were laid off and can no longer afford it. Besides the faulty assumption that unlimited growth is possible that this AI video makes and many greedy business execs make even before AI, there is the assumption that the AI is better. Many coding companies jumped on the AI band wagon only to realize they spend more time debugging the AI. Thus sure on the front end the AI finishes faster but on the back end they have to spend more time fixing what the AI did wrong than if a person had done it from start, as such they are cutting back on AI. The other nonsensical thing mentioned in the video is an Exec walking in to check the AI's work and "Realizing the AI does his job better than him." An argument only made by someone who has likely never interacted with real humans. I've seen tons of examples of know it all Karens and other nut jobs screwing things up because they thought they could do it better than the established setup only to have things go horribly wrong and they then claim it's not their fault because who or whatever didn't do it like they told them.