Microsoft layoffs hit software engineers hard as it leans into AI

[patphil]

2. Eventually AI will replace millions of jobs.

Add robots to that and you have an immense number of permanently unemployable people.
Think about what that will do to the economy
These people are consumers. Their income fuels our economy, and millions of other consumers work at jobs that provide the goods and services that these former employees needed to make their lives livable. So, more millions lose their jobs because of lack of a market for what their companies provide. Eventually this ripples out to encompass the entire nation, with permanent unemployment as the national norm.
Without money, our consumer based economy fails. Nearly everything we now take for granted would either cease to exist, or be financially out of reach.
It's impossible to maintain an economy that's supported by AI and robots, unless you completely restructure society.
We'd be living in a post-consumerism society; essentially a national welfare state.
Except for the rich, everyone's expectation would be drastically lowered.
For this to work, we would need a government that truly cared for its people. We don't have that now, and there's not much chance of that ever happening.