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440 points pseudolus | 2 comments | | HN request time: 0.012s | source
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jimmont ◴[] No.45059611[source]
Organizations are choosing to eliminate workers rather than amplify them with AI because they'd rather own 100% of diminished capacity than share proceeds from exponentially increased capacity. That's the rent extraction model consuming its own productive infrastructure. The Stanford study documents organizations systematically choosing inferior economic strategies because their rent-extraction frameworks cannot conceptualize workers as productive assets to amplify. This reveals that these organizations are economic rent-seekers that happen to have productive workers, not production companies that happen to extract rents. When forced to choose between preserving rent extraction structures or maximizing value creation, they preserve extraction even at the cost of destroying productive capacity. So what comes next?
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jameslk ◴[] No.45059868[source]
> So what comes next?

When you don’t need as many people because of automation, you also don’t need them to fight your wars. You use drones and other automated weapons. You don’t need things like democracy because that was to prevent people from turning to revolution, and that problem has been solved with automated weapons. So then you don’t really need as many people anymore, so you stop providing the expensive healthcare, food production, and water to keep them all alive

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1. jrvarela56 ◴[] No.45060078[source]
Why does Mr Beast dig wells in Africa?
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2. paulryanrogers ◴[] No.45063517[source]
To launder his reputation? To distract that the source of his wealth is selling gambling and sugar to children? To feel better about himself?