Taylor Schomp

[Kyronis @kyronis_talks]

Two economists mathematically proved that AI will destroy the economy.

Researchers from Wharton and Boston University published a terryfiying paper called "The AI Layoff Trap."

They mapped out the economic end-game of the AI transition, and it exposes a fatal flaw in competitive capitalism.

When a company replaces a worker with AI, it captures 100% of the wage savings.

But that displaced worker is also a consumer. When they lose their job, they stop buying things.

The company gets all the savings, but the loss of consumer demand is spread across the entire economy.

If there are 20 competitors in a market, a CEO only absorbs 1/20th of the economic damage their layoffs just created.

So every single rational CEO has a mathematical incentive to automate as fast as possible.

They can literally see the cliff approaching, and they still step on the gas.

It triggers an unavoidable Prisoner’s Dilemma. If you don't automate, your competitors will, and they will crush you on price.

It doesn't just hurt workers. It destroys the businesses, too.

The economy gets trapped in an automation arms race. Companies fire their workforce to stay competitive, until the entire consumer base is completely hollowed out.

At the limit, the paper concludes: “Firms automate their way to boundless productivity and zero demand.”

And the scariest part?

The researchers mathematically tested every popular fix.

Universal Basic Income? Fails. It raises the living standard but doesn't change the corporate incentive to cut jobs. Retraining? Fails. Worker equity? Fails.

The paper proves that more competition actually makes the collapse happen faster. And "better" AI makes the damage worse.

The only thing that mathematically stops the collapse is a targeted automation tax, forcing companies to pay for the purchasing power they destroy before they automate the job.

[Big Timi @OrevaZSN]

Nobody wants a city on Mars. Nobody wants AI in every app. Nobody wants data centers in space. Nobody wants humanoid robots or flying cars.

We want clean water. We want a stable climate. We want a habitable planet. We want wildlife to survive. We want to live.

[Man City Brazil @ManCityBrazil]

O comentarista suíço David Lemos, encerrou a transmissão resumindo com precisão os problemas desta Copa do Mundo, ele foi perfeito.

🗣️"Não há dúvidas de que esta foi a Copa do Mundo mais comercial da história e também uma das mais politizadas."

"Não esqueceremos os preços que pessoas sem grande poder aquisitivo tiveram de pagar para viver sua paixão pelo futebol."

"Em alguns casos, sequer puderam entrar no país por causa de sua nacionalidade, fossem torcedores, jornalistas ou até árbitros, como o somali Omar Artan."

"Também lembramos do tratamento inaceitável dado à seleção do Irã, que não pôde defender suas chances de forma adequada durante o torneio."

"E há ainda o caso de Folarin Balogun. Vimos um presidente se vangloriar de ter ligado para o presidente da FIFA para conseguir retirar a suspensão de um jogador."

"A política se infiltrou no coração do futebol, embora a FIFA afirme querer mantê-la acima de tudo. Fica claro que isso só vale até certo ponto."

"Foi uma Copa do Mundo em que todas as partidas foram disputadas em quatro tempos, e cuja final teve um intervalo de quase 30 minutos."

"A crise tem dois nomes: dinheiro e poder. Hoje existe uma crise de confiança entre muitos dos envolvidos no futebol e a FIFA."

"Nas próximas semanas, muito dinheiro será distribuído a diversas federações e a muitos agentes do futebol, que serão educadamente convidados a permanecer em silêncio."

"Esperamos que tudo isso seja levado em consideração e que não volte a acontecer."

[Dr. Lucky Tran @luckytran]

Athletes like Erling Haaland and Alysa Liu hava captured our hearts because we live in a time of incompetent leaders and toxic masculinity. It is such a refreshing rebuke to see people performing at high levels while having fun and being their full selves.

[MP Arizona☀️🏳️‍🌈💙🌵🐕🐕‍🦺🫂💦🏜🐟🌴🎙🌎🌻♍️🌊 @AzPetrich]

Seems like a good time to remind everyone that the United States Women's National Soccer Team has won 4 World Cups.

[DAZN Football @DAZNFootball]

The Arsenal trophy parade looked like something out of a movie, incredible scenes.. 😱🔴⚪️

(🎥 via @kaihavertz29)

[Nawaf @N14ARS]

أفضل فيديو شفته من احتفالات أمس.. تاريخي 🤩❤️

[Footalyse @footalyse]

This has blown me away. Hollywood couldn’t create a scene like it. The most lied about players, manager and fanbase. Everybody deserves this day.

Including those losers who are probably readying their “cringe” and “performative” Arsenal tweets 😂

[FG @FunnyGooner]

63rd game of the season. Neutralized best attack in Europe for 120 minutes, and lost in penalties. Couldn’t be more proud of the boys. Semis, final and we will keep knocking until it’s done.

Keep your head up everyone.

[🦢 @damnidc__]

Well, when a child is conceived, the DNA split is 50/50 from both parents. Except for one small detail: mitochondrial DNA. It’s passed down only through the mother and never through sperm.
Which means something interesting: all living humans can trace their mitochondrial line back to one woman, not one man.
And every daughter born continues passing that same line forward.
Happy Mother’s day

[Brasil Gooners @brasilgooners]

ARSENAL! ARSENAL! ARSENAL!

[Mary Weller @MWellertXc]

I just cannot get enough of watching this race and the trainer’s reaction as she realizes there’s a chance they’re going to win. I can’t behold that level of pure human joy without tears. It overwhelms me.

[Taylor Schomp @_tdressler]

@extrakimkim @WallStreetApes They are moving the water to another location where evaporation isn’t as high so that it will last longer.

[Dr. Nicole LePera @Theholisticpsyc]

Giving your partner a break from decision fatigue is a love language. Removing someone's mental load is the highest form of consideration.

[Team Talarico @TeamTalaricoHQ]

.@JamesTalarico: The kind of religion that says you can treat people however you want as long as you have a personal relationship with Jesus is an abomination.

Scripture says you can't love God and hate other people.

You can't love God and abuse the immigrant.
You can't love God and bully the outcast.
You can't love God and oppress the poor.

We spend so much time looking for God out there, that we miss God in the person sitting right next to us.

[Taylor Schomp @_tdressler]

@TheModerateCase You could capture the meaning of that performance without understanding lyrics. I’d venture to guess that you wouldn’t know a majority of lyrics from a majority of Super Bowl halftime performers in English. Also, representation of all types of US citizens in media is important.

[Taylor Schomp @_tdressler]

@LauraLoomer @NFL “God bless America”
“Together we are America”
“The only thing more powerful than hate is love”
… that is disgraceful?

The flags, by the way, were representing every country in the Americas

[Peach @nerdylilpeach]

someone genuinely explain to me how this could possibly be considered offensive or divisive to anyone

[Ed Krassenstein @EdKrassen]

Many of you may have missed this, but the little boy who Bad Bunny handed his Grammy to at the Super Bowl was Liam Ramos!

Amazing!