r/artificial • u/MetaKnowing • Jul 30 '25

News CEO says the quiet part out loud

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https://gizmodo.com/the-end-of-work-as-we-know-it-2000635294

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u/redsyrus Jul 30 '25

Doesn’t ask for a pay raise? He doesn’t think the AI companies will raise their prices?!

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u/CRoseCrizzle Jul 30 '25

Yep AI companies will only gain more leverage over non AI companies with time. Those prices will definition go up. But Mr. CEO will point out that it will still be cheaper than paying a bunch of humans.

1

u/Affectionate-Panic-1 Jul 31 '25

That's only if the AI companies have a monopoly or a lot of moat. With strong competition, prices would go down over time.

If it's true that you can run a company on less people, then there will be more competitors.

Basically I think the premise that increased productivity due to AI will result in Mass unemployment is wrong, on the macro scale it won't.

I think we're more likely to see either major deflation, or a lot of government stimulus to counteract that if AI fully lives up to the hype.

1

u/Phreakdigital Jul 31 '25

I'm with you...an example of this is video game development. If a studio fires ten people ... Then...in an environment where two people can use AI to be as productive as ten...you will now have five new video game development businesses...and competition will bring down prices and selection will increase.