For Silicon Valley, AI isnât just about replacing some jobs. Itâs about replacing all of them
"...I recently found myself at a dinner in an upstairs room at a restaurant in San Francisco hosted by a venture capital firm. The after-dinner speaker was a tech veteran who, having sold his AI company for hundreds of millions of dollars, has now turned his hand to investing. He had a simple message for the assembled startup founders: the money you can make in AI isnât limited to the paltry market sizes of previous technology waves. You can replace the worldâs workers â which means you can capture their salaries. All of them...."
https://www.theguardian.com/commentisfree/2025/may/12/for-silicon-valley-ai-isnt-just-about-replacing-some-jobs-its-about-replacing-all-of-them
#AI #aipocalypse #capitalism #jobs #labor