Comment on If CEOs think they can replace everyone with AI, why do they think Wall St. will need CEOs?

rhel@lemmy.blahaj.zone ⁨19⁩ ⁨hours⁩ ago

What CEOs never seem to grasp in that context is that they wouldn’t just replace their workers with AI but also their customers… AI doesn’t earn a wage and therefore can’t spend it on (unnecessary) goods… No customer, no revenue. No revenue, no profits. No profit, no dividends.

Probably why they’re working so hard on commoditizing basic necessities like food, water and housing into subscription based systems… 🤔

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