The underlying idea of modern economy is that you specialise in one fieldAnd help others doing exactly that, while other specialise in other things they can do for you.But since the government takes around 66% in taxes (from what you need to pay to what he recieves) from their and your wage, effectively you need to work 9 times as much. Because of that 9 hopurs, the government takes 6, with the salary of the 3 hours you pay the other expert to help you, but its only enough for 1 hour since the government takes 2/3.This makes the whole idea not feasible anymore. But you were still forced to do it if you didnt want to risk fines for moonlightning.But now with AI everybody can become an expert in every field.>why hire a plumber for the cost of you working 9 hours when AI teaches you what to do>why hire the lawyer when its not absolutely necessary>why hire the workers to build something in the garden>why hire the pc specialistIt makes way more sense to do everything on your own now, while working less hours, since you dont have the double extraction from the government. This hopefully leads to a collapse in tax income
>>62350679If that were the case, the internet would've demolished the jew world order decades ago already
>>62350679>But since the government takes around 66% in taxes (from what you need to pay to what he recieves) from their and your wageThis is for Europe btw
>>62350690Compare the Internet now to 10 years ago, "antisemitism"exploded. Random youtube videos that mention jews have "antisemitic" comments on the top.
>>62350679Governments figured out long ago that they can just print money and tax you through inflation.
>>62350705Good point actually, but to make that work fiat needs bagholders. Its like with shitcoins, the devs can mint but they need bagholders to sell into. Since less and less people hold their savings in fiat this works less and less. Crypto should have been the catalyst.
>>62350679income isn't destroyed, just reallocated
>>62350710AI inflation will be insane. I fully expect a sustained 10% every year.
>>62351021Explain. What are the factors causing this Inflation? Because you would think production cost of things go down with AI?
>>62351100Production cost of same item yes, buying in non-cartel industries yes, but when did you last buy a non-cartel product, or one which did not need to be as good as possible for you to compete against me? I don't think that many things will become cheaper, except professional services like lawyers, maybe non-luxury cars might go down 10% or so when they are made without people. Inflation is necessary to let all the AI corporations take over the other industries, they got so much wealth and control by now they can just set the coin clipper to any setting. 10% is the highest value I reckon they can get away with without mass revolts.
>>62351295I dont really agree with this reasoning, especially with>they got so much wealth and control by now they can just set the coin clipper to any settingThats just a schizo line, thats not how prices work. They still have to compete. Its the same logic some schizos here use to claim "exchanges like binance "set" the bitcoin price"
>>62351400>be AI corpo, need money>tell government the chinks are winning>you now have an additional investmentAI officially has priority over anything else in the US. They definitely do own the printer.
>>62352796*up to very high limits, as I wrote, I think riots are somewhere near 10% annually
>>62352796>>62352803I see, but i doubt that alone will drive inflation long term. And in europe there are no big ai companies.