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Fucking bait. Their solution to AI will be everyone works part-time for no more pay. Work hours will get rationed, redistributed in a way wealthy never is.
if there's less supply of human labor, the price for it goes up. --> higher pay per hour
Sadly that's not how it works, any more. But we could fight to bring it back. Collectively.
There is less demand for human labour, so its value goes down. Our only means of gaining resources to survive is to interact with the market economy that has captured everything, and do so through the exchange of money we earn selling our labour. If we can't do that or it pays too little, we can't interact with the economy and can't get the resources necessary to stay alive.
Rich and powerful never voluntarily do anything that would give us more power and them less. If it seems like either is happening, it's a scam.
that's neoliberal thought; not everything should be traded on the market.
I agree, but it is. Everyday they work toward turning another part of human existence, another experience or need or want, into a service or product to be sold and bought. Even the granular experiences of our relationships with each other are being commodified and enough people are buying them to grow those markets which outcompetes historic sources of those experiences, which are being degraded in quality, at the same time.
a free-market approach is only tolerated by the people as long as it benefits the masses. as soon as the people see that they're losing, they're violently gonna take what they need; i have faith in that. so i don't think that neoliberalism is long for this world.
Subjugated people rarely ever rise up, regardless of the amount of suffering. That is a Hollywood fantasy, not backed up by any historic record. Even the few moments of unrest and revolution that have hapoene historically are either fommented by an ambitious party or are a product of a quick destabilizing change, such as resource scarcity or technology, not because it's wise.