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Who exactly is going to buy all these goods and services automation produces when everyone is out of work due to automation? People like Elon (who I respect a great deal) talk about AI making everyone rich, but there’s a lot of hand-waving involved and no specifics on how AI is going to make anyone rich, aside from Elon Musk, Jensen Huang, Aravind Srinivas, Sam Altman and a few others.

"Who exactly is going to buy all these goods and services automation produces when everyone is out of work due to automation?"

Lots of people asking that exact question. I posted a couple of articles on that topic this week:

The Future of Capitalism, Work and Society>
X ^ | April 14, 2026 | Mo Gawdat (interview); Dustin

The AI Layoff Trap
Economics > Theoretical Economics ^ | March 21, 2026 | Brett Hemenway Falk, Gerry Tsoukalas

It's a weird game...so many companies rushing for this "next big thing land grab" but, in the end, if "successful", nobody will have any income to buy anything and these companies will be out of business.

I've yet to read a good solution to this dilemma.