posted in Technology
Could AI create a ‘permanent underclass’?
www.ft.com/content/ddf44cf7-0ab5-4e7e-9b1f-e5e8e34181e6
There already is a permanent underclass. Do poor people by and large claw their way out? No.
Yes, yes they do. My parents couldn’t afford coffee when I was born. My dad was able to buy a $600K home in the early 2000s that’s worth double today.
How much a home is worth is irrelevant as long as you need a place to live. Where is he going to live if he sells it?
The point is he’s doing okay