If AI Takes All Of Our Jobs... Who's Going To Buy Everything?

Video Description

To try everything Brilliant has to offer for free for a full 30 days, visit http://www.brilliant.org/howmoneyworks. You’ll also get 20% off an annual premium subscription. ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com ----- My Other Channel: @howhistoryworks Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #money #automation #career ----- Companies have been trying to cut down on workers for as long as those workers have demanded pay and benefits. Whether it’s downsizing, outsourcing, streamlining, understaffing, or automating, if there is something a business can do to get rid of workers and their salaries, you better believe they are going to do it. But this time does feel a little bit different. Recent AI advances have been mocked for not quiet living up to the bold claims of their tech bro founders. But even in their current, imperfect form, LLM’s, general use robots and generative models are ALREADY replacing jobs and they are getting better every day. So that’s bad for workers, but if you are a senior corporate executive or company owner, maybe you should be asking yourself… If we automate everybody’s job… who is going to buy all of your stuff? I have some good news and some bad news for your theoretical company. The good news is that labor reduction systems of all varieties have ALREADY cut out millions of manhours in America alone and made the workers who are left more efficient at their jobs. Artificial intelligence is just another tool that your company can use to get more work out of fewer staff or replace teams entirely. Even here at little old works media group we used to have someone working part time whose job it was just to cut out images on Photoshop to use in our goofy little animations. Now Adobe Suite has inbuilt AI features which can automatically remove backgrounds from any image with absolutely no human time or skill involved. Now if you still think that sounds a bit depressing, well welcome to this channel, but also, I should tell you that market trends say this is already happening… AI isn’t going to change YOUR world, it’s just going to continue a trend that’s been happening for years now. So it’s time to learn How Money Works to find out if how companies are adapting to a world where nobody can afford anything anymore.