Marc Andreessen, cofounder of the massive venture capital firm Andreessen Horowitz — which has its fingers in pretty much every pie in tech — has revealed an eyebrow-raising detail in his “techno-optimist” vision of the future.
In a recent tweet, the American billionaire investor casually proclaimed that AI must “crash” everyone’s wages before it can deliver us an economic utopia — one that’ll definitely happen, and certainly not create a permanent underclass of have-nots.
“A world in which human wages crash from AI — logically, necessarily — is a world in which productivity growth goes through the roof, and prices for goods and services crash to near zero,” Andreessen wrote. “Consumer cornucopia. Everything you need and want for pennies.”
So fret not, lowly laborer: you may be destined for financial ruin, but paradise is right around the corner. Pinky promise.
https://futurism.com/the-byte/ai-investor-goal-crash-human-wages
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