Why don't people see the obvious? Jobs (those making any significant money, thus of any economic consequence like "if these people have no income to spend, economy will talk") are mostly bullshit jobs. They don't create anything and people working in them can't be truly displaced by anything. They merely exist because of indirect factors (headcount impacting valuations, managers jerking their egos by trying to have as many people "under them" as possible, large companies milking the government by hinting that their employees' votes impact election results, and so forth). And, AI is a fad on the other hand as well. We see no connection because there's no connection between one bullshit and another.

I know quite intimately, a large corporation where more than 90% of staff are merely a cover to make an impression of being a tech company - while in fact vast majority of revenue and nearly all profit is made due to a small number of backroom deals made by tops with tops of other large corporations, that result in technically trivial moves that won't require more than a few engineers to handle. Rest just exists to boost valuation by showing investors an entirely fake AI-powered, uber-brain business. Most people in these 90% are not aware of it.

AI is not going to replace plumbers, dentists, nurses, waitresses, and so forth. Those "frontline jobs" as they got to be called during Covid. These are the only jobs that really matter. The rest are clowns that are merely tools that help fat cats move money around.

Only category of any consequence that's indeed threatened, are drivers... About those, i worry indeed, but 15 years of self-driving hype and we are still not much anywhere.

So what's going to happen to all these people? Nothing really. Smarter ones of them will probably become alcoholics because of stronger realisation of how their careers are useless, but then again, GLP-1 agonists put a backstop on that as well.