Because they believe that AI will replace payroll, which is generally a businesses highest expense. The more AI usage, the more likely they can eliminate jobs and give themselves bonuses.
They are excited the way a farmer is excited when his pigs are gorging themselves on grain and getting really, really fat. The farmer is glad to pay for grain because its much cheaper than the money he makes from selling them for meat.
They are giddy because its almost time for payday.
I wonder at what point government will tax AI use by companies similarly to payroll taxes and incomes taxes.
If they pay an AI company $150,000 a month to replace $50,000 in salaries, the government then loses all that income tax from the previous employees as well as the payroll tax on $600k a year.
Oh no! What if they took all their fucking datacenters and their pollution and their buying all RAM and their pulling all electricity out of the grid with them?
Because they believe that AI will replace payroll, which is generally a businesses highest expense. The more AI usage, the more likely they can eliminate jobs and give themselves bonuses.
They are excited the way a farmer is excited when his pigs are gorging themselves on grain and getting really, really fat. The farmer is glad to pay for grain because its much cheaper than the money he makes from selling them for meat.
They are giddy because its almost time for payday.
I wonder at what point government will tax AI use by companies similarly to payroll taxes and incomes taxes.
If they pay an AI company $150,000 a month to replace $50,000 in salaries, the government then loses all that income tax from the previous employees as well as the payroll tax on $600k a year.
You can’t increase taxes on companies. They’ll leave the country.
Oh no! What if they took all their fucking datacenters and their pollution and their buying all RAM and their pulling all electricity out of the grid with them?
Oh shit, you weren’t sarcastic?
At some point capitalism will fail but it will take much longer than we think…