Created from a single voice note with Agent Craft
Let's do a little thought experiment. Assume you take 500 million…

Let's do a little thought experiment. Assume you take 500 million PhD-level students. They're students, so they're not super skilled, but they are super smart. You inject them into the US economy over three years. These PhD students don't demand six-figure salaries and healthcare. They work for pennies. They're very capable. Right away, they'll displace all the cognitive work. Just about all 500 million find jobs. Everyone who currently does cognitive work loses theirs. At the same time, the cost to produce goods and services drops dramatically. Excess supply of labor at low cost. Excess supply of goods and services. Supply exceeds demand and puts further downward pressure on prices. So we have deflation (that’s an issue in itself). Everything gets cheaper, but nobody has a job. The economy grows incredibly fast. Between 5 and 30 percent GDP growth per annum. What is the government going to do? They can nationalize the top companies. That's communism. Never happened before in America. Or tax those companies 90 percent plus. Akin to communism as well. Also never happened before in America. Or print money and hand it out to the unemployed. You can get worried about the debt. But the debt is only an issue as a percentage of the size of the economy. If the economy is growing massively, it can handle it. Is our political and societal system equipped to deal with this level of disruption in the next 3 to 5 years? what are your thoughts?  Building: AgentCraft (dot) ai The app that grows your personal brand in minutes per day.
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