“US productivity improved following expanded trade with China primarily through the influx of cheap intermediate goods, heightened competitive pressure on domestic firms, and the reallocation of labor to higher-value sector (digital). ” Google AI. US worker productivity will take another giant leap forward once AI kicks in and AI kicks out human workers from the very expensive US work force! The upside is that we will need fewer humans polluting the planet!
“Governor Newsom is signing a first-in-the-nation executive order to confront the economic impacts of artificial intelligence on workers and small businesses, support workers in sectors impacted by AI transition, and pursue new policies that ensure Californians — not just big tech companies — benefit from the wealth-generating opportunities of the future economy.” ca.gov.ca. Eventually the Big Tech companies will be moving to Red States or out of the country altogether. If that happens say goodbye Western Socialist Democracies!
And that is all I’m going to say about that!
