American magic bean companies like Beanco, The Boston Bean Company, and Nvidia have already shed hundreds of billions of dollars in stock value.
    • iktEnglish
      2·
      11 hours ago

      That can’t be possible, if they fire all their workers and produce AI slop then we will simply start a new company with human workers that doesn’t.

      This isn’t communism we can simply start a new business at any time for any reason, with or without AI

      • Marcello@mastodon.bida.im
        2·
        11 hours ago

        @Eyekaytee

        You seem to think, once again, that meritocracy is a thing.

        It’s the exact same dynamic you are used to when it comes to yes-men and bootlickers.

        Are they more productive? No. Do they get better paying job? Yes.

        You can absolutely leave and fund a “good” company, good luck getting anywhere.

        • iktEnglish
          1·
          11 hours ago

          You can absolutely leave and fund a “good” company, good luck getting anywhere.

          If the product has value then people will buy it*

          Humans have always created jobs, we love em, can’t get enough of em, in a capitalist system if people want to buy human made goods and services and those systems are profitable then there will be jobs for those people

          This isn’t a communist dictatorship where you will be forced to buy government sponsored AI produce and no other choice is given to you

          *I assume the products would have little logos on them like “non-gmo, organic, human made and farmed fruits!” etc

          • Marcello@mastodon.bida.im
            1·
            11 hours ago

            @Eyekaytee

            I get where you are coming from but that’s a naive place, at best.

            Dirty capitalism will not be defeated by clean capitalism.

            If you make a better coca-cola at best you get bought at worse you stop being alive.