AI and robots may cause capital markets to collapse due to oversupply
davidpattersonx · x · 2026-08-18
Argues that AI and robots will lower prices so much that UBI payments won't be fully spent. The excess allocated to capital will lead to saturation and market collapse, dismissing the idea of a shift to capital income and proposing that personal income will come directly from the output distribution of AI.
More from AGI Musings
- Chinese AI Models Good Enough to Replace Paid Tools, Developers Switching — Slight_Control9311 · 2026-08-18
- As AI Makes Imagery Worthless, Embodied Beauty Grows More Valuable — tedmitew · 2026-08-18
- Opinion: Anthropic Won't Cure Cancer for a Decade — Regulation, Not Intelligence, Is the Bottleneck — bindureddy · 2026-08-18
- Study Finds LLM Agents Rely on Mimicry, Not Abstract Reasoning from Memory — rohanpaul_ai · 2026-08-18
- Developers struggle with identity loss as AI takes over coding tasks — Ordinary-Scratch-120 · 2026-08-18
- Fitness and ferality may become luxury classifiers as AI trivializes intelligence — tedmitew · 2026-08-18