Effective-Dig8734 t1_irgns33 wrote on October 7, 2022 at 11:45 PM

Reply to comment by wen_mars in We are in the midst of the biggest technological revolution in history and people have no idea by DriftingKing

The rich are getting richer but the poor are likewise also getting richer ? Cost of living is rising but so is household income? Although I don’t understand what any of this has to do with only billionaires being affected/participating in the singularity

wen_mars t1_irgoqj3 wrote on October 7, 2022 at 11:54 PM

I think there are a lot of people whose income does not increase fast enough to keep up with their increased cost of living, especially now with inflation so high and Powell having declared war on employment. From their perspective it can look as if the middle class is being erased. I don't believe that generalization is valid but it will be interesting to see what happens to jobs when AGI makes humans obsolete.