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Nattygsbord
David Pakman Show
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Comments by "Nattygsbord" (@nattygsbord) on "AI Will Eliminate 6% of Jobs in Next 5 Years" video.
It will bring down costs of products for consumers, which in turn enables them to buy stuff at a cheaper price and get more money over to spend on buying more stuff, which in turn create more profit oppurtionities for companies and make them hire more people.
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Those who got a job gets cheaper products, which allows them to buy more stuff. Just like a poor bastard could recently only buy food and cloth and other necessities, but now get some money over to also by a radio, a bicycle, a refridgerator, or a telephone. The demand for stuff goes up, which leads to a demand for labour to produce that output.
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