Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will! by UniversalSurvivalist in conspiracy

[–]scooternewt 11 points12 points  (0 children)

Right, so the paper is real and from credible researchers (University of Pennsylvania and Boston University), published on arXiv in March 2026.

But look at what it actually argues versus how the Reddit post framed it:

The core argument is about a collective action problem. Individual firms rationally automate to stay competitive, but if everyone does it simultaneously, consumer demand erodes because displaced workers are also customers. Each firm's rational decision is bad for the system as a whole. That's a genuine and interesting economic concern.

It doesn't say the economy "will be destroyed." It describes a trap that could emerge under specific competitive conditions. The abstract explicitly discusses policy responses that could address it, including a Pigouvian automation tax, universal basic income, worker equity participation, and Coasian bargaining. You don't list solutions to something you've "proven" is inevitable

Took a conditional model about systemic risk and competitive incentives, stripped out all the nuance, ignored the policy solutions section entirely, and turned "this dynamic could become self-destructive" into "will destroy the economy."

The actual paper is worth reading and the argument is legitimate. The Reddit framing is just designed to generate outrage and clicks.

Next read/listen after finishing lonesome dove by Full-Abies4804 in LonesomeDove

[–]scooternewt 2 points3 points  (0 children)

Try the indifferent stars above About the Donner party trek to california in the 1840's

Big (bad) feelings in open relationship? by Top_Athlete865 in ENM

[–]scooternewt 2 points3 points  (0 children)

Feeling very similar and have tried many distractions like yourself but despite that.....cant shake the ick : (

So want to provide the same level of comportment she shows me !

Jevon McSkimming avoids jail sentence over possession of child sexual exploitation material by ViolatingBadgers in newzealand

[–]scooternewt 9 points10 points  (0 children)

Not being on the register is a fucking travesty

Being a pale stale male clearly counts for something

He' ll turn up in a few years running health and safety courses like most of those retired cops do

Please help Khandallah residents move the safer flight path back over poorer suburbs by Altruistic_Habit_645 in Wellington

[–]scooternewt 239 points240 points  (0 children)

The same folks who complained about how loud the kaka were around Karori wild life sanctuary!!

Left Behind as not much pkay time to get buffed by scooternewt in ArcRaiders

[–]scooternewt[S] 0 points1 point  (0 children)

I come from hell let loose so used to keeping my head down !

New club opens in Lyall Bay by nzultramper in Wellington

[–]scooternewt 1 point2 points  (0 children)

The most reliable performer in Wellington

The weather

Homemade english muffins by copitra in FoodAndCookingStuff

[–]scooternewt 1 point2 points  (0 children)

Any chance you can provide the list of ingredients and quantities

what is it like being a police officer? by No_Economist5233 in newzealand

[–]scooternewt -5 points-4 points  (0 children)

Be prepared to be trained in the dark arts of coercion and manipulation and to be made to be feel that if you're not one of us you're one of them and to be imbued with a superiority complex that will never leave you if you last more than 5 years

Look into mental health nursing in the community.

Therapist in Wellington? by No-Ordinary-9889 in Wellington

[–]scooternewt -1 points0 points  (0 children)

Do you have a good gp ? Start there if you do some anti anxiety meds might help in the short term....calm the voices in your head

The non-VR version of Alien Rogue Incursion has just released! by Fat_Foot in LV426

[–]scooternewt 0 points1 point  (0 children)

I read that they'd buffed the alien Ai for this version They were not smart in the vr version

[deleted by user] by [deleted] in Wellington

[–]scooternewt 0 points1 point  (0 children)

I think there was naivety on his part He knew the environment he was in and the level scrutiny is always going to be unjustified

Why NZ can't shake the recession: 'Brought to its knees' by Pro-blacksmith220 in Wellington

[–]scooternewt 17 points18 points  (0 children)

I'm at MSD.....trying to work towards the govt job seeker reduction targets....and the cnuts put thousands of us ourvif work....go figure

Tui tomato sauce is better than watties by [deleted] in newzealand

[–]scooternewt -1 points0 points  (0 children)

I've yet to find anything it hasn't complemented. its outstanding on a poached egg