Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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The nature of capitalism is that it requires consumers to function. Traditionally the way the system works is that business owners employ people who get wages for their work, and then spend their wages purchasing goods and services. However, if a job can be automated then a business doesn't need to hire people to do work. This leads to unemployment and lack of people with disposable income to consume the goods and services that companies produce.
Here are a couple of recent examples of this already happening. Buzzfeed replaced some of their staff with chatgpt, and Netflix replaced artists with a stable diffusion style AI to draw backgrounds in their anime show
https://www.wsj.com/articles/buzzfeed-to-use-chatgpt-creator-openai-to-help-create-some-of-its-content-11674752660
https://boingboing.net/2023/02/03/netflix-used-ai-to-replace-workers-announces-new-anti-password-sharing-plan.html