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For Silicon Valley, AI isn’t just about replacing some jobs. It’s about replacing all of them

"...I recently found myself at a dinner in an upstairs room at a restaurant in San Francisco hosted by a venture capital firm. The after-dinner speaker was a tech veteran who, having sold his AI company for hundreds of millions of dollars, has now turned his hand to investing. He had a simple message for the assembled startup founders: the money you can make in AI isn’t limited to the paltry market sizes of previous technology waves. You can replace the world’s workers – which means you can capture their salaries. All of them...."

https://www.theguardian.com/commentisfree/2025/may/12/for-silicon-valley-ai-isnt-just-about-replacing-some-jobs-its-about-replacing-all-of-them

#AI #aipocalypse #capitalism #jobs #labor

@AI6YR Ben What infuriates me the most about this view is that the end goal is completely nonsensical. Great, you captured all the salaries, now what? Who's going to buy anything from your company? Or buy your AI-powered robots? And of course, in the process of trying to reach this nonsensical goal, very real harm will be done.