'Godfather of AI' says the technology will create massive unemployment and send profits soaring — 'that is the capitalist system'

I suppose most bullshit jobs can easily be replaced with the likes of ChatGPT, but for most jobs that actually need to get things done it will only create mass unemployment if the corporations are willing to tank the quality of their products. Doesn't sound like a sustainable business decision, though.

And finally, when they employ zero people, and no one has any money to buy their product they will have finally hit infinite profits. Seriously though it doesn't look like we're doing UBI any time soon and I doubt the ultra rich would kill off everyone on purpose because half the point seems to be to have people they can feel superior too. Are we just going to wipe ourselves out in a weird paperclip maximizer scenario where we pile up a ton of shit no one can actually buy but has to keep being made to make a line go up?