alt Hacker NewsWhen the mine closes, democracy does not save the town. It still becomes a ghost town. Democracy cannot work upstream against fundamental market forces.
Every industry is being pitched as becoming a ghost town. Democracy will not save us. We will all die in the future and not be replaced. This is the end of our line in this century. I hope you are proud of how far we’ve come because this is the end for us. There will be no economic justification for humanity quite soon and we will likely be slaughtered to eliminate latent variability.
That's not a very good analogy. When the mine closes, democracy doesn't save the town, because the town only has control over the economic activity inside of it.
AI or no AI, the US will still have control over the economic activity inside of it. America is not pitched to be a ghost town, but instead a vastly productive and wealthy economy driven by AI. A ghost town cannot redistribute wealth it does not have, but America will still have all of the wealth.