TLDR Tech / AI
Silicon Valley Is Bracing for a Permanent Underclass
Many people in Silicon Valley believe that AI will soon surpass human capabilities. While this should produce tremendous growth and scientific achievement, it will displace millions of jobs, depress economic mobility, and exacerbate inequality. The technology will ferry power and wealth to the AI companies and existing owners of capital while ordinary people lose their economic leverage. It could create a permanent underclass as people are rendered useless and unemployable.
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