VIDEO: BlackRock CEO stated, "The social problems that one will have in substituting humans for machines is going to be far easier in those countries that have declining populations." #blackrock #depopulation https://video.nostr.build/8bbb0951eec76c2def1f7dee547e18bb24e7bd6a6285276cb56ffbbb9c6bc757.mp4

Reply to this note

Please Login to reply.

Discussion

I mean, the issue with his assumptions (that are really not his assumptios but a well known vodoo god-like belief of blind technologists) is that theg do not take into account tail events. Like a global war, for instance. Or the invasion of a country that owns the 80/90% of the esportations in chips (as the Taiwan/Chinese drama).

These events terribly change the forecasts outcomes but we cannot really model the probability these events.

Thus, population growth is still a preferrable situation.

Standard of living is elevated by people poorly paid for jobs that AI can barely replace: #Fink's promise is empty, he's talking his bags.