Kill All The Workers

There's that famous line from Shakespeare

The first thing we do, let's kill all the lawyers

Capitalists follow a more inclusive motto

The only thing we do, is kill all the workers

So, may be that's the Achilles Heel of AI, as currently implemented. That's the conclusion, if you read between the lines.

Signaling the scale of capital that he believes he needs, OpenAI has committed to spending $1.4 trillion on data centers and related infrastructure.

The thing is: few if any of the pundits have grasped the import of even AI, as currently implemented. Throughout the history of the industrial revolution, capital has made money only by replacing labor. It has no intrinsic value. So, the $64,000 question - is there $1.4 trillion of labor up for redundancy? If you suck $1.4 trillion (plus profit on that expenditure) of buying power out of an economy, what are you left with? It would appear that AI, as currently implemented, proves at long last that the Luddites were right. After all, capitalists are in the labor rendundacy business. And, on the whole, they have no clue that the arithmetic has to add up if the economy/society is to survive.

As mass production has to be accompanied by mass consumption; mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery.
-- Marriner Eccles/1951

And just to add a bit of snark: Führer Trump is using the Fed renovation project to kneecap Powell. Part of that renovation is the Marriner S. Eccles Federal Reserve Board Building.