Thread regarding State Farm Insurance layoffs

AI Innovations, and Consequences; to the U.S. Economy.

Consequences of AI -

AI has (some) innovations, but.

AI will replace (most, not all) computer dependent jobs (that can be) in the future, (easily) in the Millions over time; through automation efficiencies.

AI will take away Tax revenues (from those employees that were replaced) who contribute to consumer spending which will (not if) have a very Negative impact on the U.S. economy.

AI will create (some) high paying jobs, but unless Taxes are Increased on Corporations; and the wealthy; there will (not if) be a Major shortfall in Tax revenue.

The U.S. National debt is (currently) $38.7 Trillion (and rising) per usdebtclock, with $990.0 Billion a year in Interest paid by U.S. taxpayers to outside Investors (U.S. based, Japan; China; etc.) that finance it over time.

Wars are (Always) costly over time (but sometimes necessary to defend U.S. National security), and the U.S. National debt will spike because of it.

These are the facts.


by
| 261 views | | no replies yet | Reply
Post ID: @OP+1kjqc24at

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: