Henry D. Hutagaol

Every child is an artist. The problem is how to remain an artist, once we grow up.
―Pablo Picasso

[Henry D. Hutagaol @Henry_Hut]

The only intervention that worked: Pigouvian Automation Tax

[Olivia Chowdhury @Oliviacoder1]

Two economists just published a mathematical proof that AI will destroy the economy.

Not might. Not could. Will — if nothing changes.

The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."

An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.

Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.

The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.

No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.

Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.

Source: Falk & Tsoukalas · Wharton School + Boston University ·
https://t.co/Tir6S9468A

[Henry D. Hutagaol @Henry_Hut]

Kalau BUMN atau lembaga investasi negara ikutan beli, ini masuk kerugian negara ga? 🤣

[Torch @writingtorch]

PAK ABIS DUITNYA PAK 😭😭

[Michał Budryk @michalbudryk]

Getting a PhD is basically just constantly worrying you’re wrong while convincing others you’re not

#phd #phdlife #AcademicTwitter #AcademicChatter @PhDVoice

[Henry D. Hutagaol @Henry_Hut]

Best Goal 2025. So far..

https://t.co/WeA57vi6ky

[Henry D. Hutagaol @Henry_Hut]

@sicupuh AMIN 100%😇

[Nefa Claudia Meliala @NefaC_Meliala]

Weits ada yang nongol di Kompas ni @Henry_Hut 😆

Hajat Hidup Orang Banyak dalam Kesemrawutan Regulasi Infrastruktur Pasif
https://t.co/Wl4hdwUVeV

[Henry D. Hutagaol @Henry_Hut]

Menurut kalian, apakah Russia akan jadi perang dengan Ukraina di 2022?

[Henry D. Hutagaol @Henry_Hut]

😛

[David Gardner @byDavidGardner]

"I'm here live. I'm not a cat."

A lawyer logged into the 394th Judicial District with a cat filter on and couldn't turn it off.

This may be the funniest video I've seen this year.

[Henry D. Hutagaol @Henry_Hut]

Mantap, ditunggu info kuliner lanjutannya ya om. thanks infonya

[ANinoM bersyukur & ikhlas @sicupuh]

@Henry_Hut Kardjan kadang enak kadang ngga. Tapi dia ada sate buntel si haha

[Henry D. Hutagaol @Henry_Hut]

Kata temen ada lagi yg enak, sate kardjan, tp gw belum pernah nyoba siy. So far di bdg, Harris is the best.
Tapi belum bs nandingin Wendys di Tegal 😝

[ANinoM bersyukur & ikhlas @sicupuh]

@Henry_Hut Iya setuju harris lebih enak dari hadori. Tp di bandung gw lagi suka sate pak gino sidareja ce

[Henry D. Hutagaol @Henry_Hut]

Setuju. 😜👍

[Yusuf A @freemaxxon]

@Henry_Hut Enak Haris sih kalo versi lidah gw

[Henry D. Hutagaol @Henry_Hut]

@yusufive Enak mana ama Sate Harris/Asia Afrika?

[Henry D. Hutagaol @Henry_Hut]

RIP Eddie van Halen 🙏

[MTV NEWS @MTVNEWS]

Rock music legend Eddie Van Halen has died at 65 after a years-long battle with cancer. In honor of the iconic @vanhalen guitarist, we're throwing it back to 1988 when he told us his thoughts on being called a "guitar hero" ❤️ #RIPEddieVanHalen

[Henry D. Hutagaol @Henry_Hut]

Mohon dimaklumi .
Bisa jadi dosennya sibuk sekolah s3 atau lagi banyak bimbingan 🙏😌🙏
Tapi ini lucu siy

[Henry D. Hutagaol @Henry_Hut]

Repurposing means take a drug that has been approved for one disease, and then suddenly use it against this disease... therefore we can bypass a tremendous amount of work that is required in clinical trials. 

https://t.co/eNJi2AtecN

[Henry D. Hutagaol @Henry_Hut]

BBC News Indonesia - Dari Suharto, Putin, Hun Sen hingga Mugabe, mengapa sejumlah pemimpin negara 'enggan' turun dari kekuasaan? https://t.co/vaE9Zg1U1r

[Henry D. Hutagaol @Henry_Hut]

Gw waktu masih sma 😎

[SAM SMITH @samsmith]

WHO IS THIS KID!!!!!? YOU ARE OUT OF THIS UNIVERSE WHOEVER YOU ARE ❤️

[Henry D. Hutagaol @Henry_Hut]

Bill Gates: Kekayaan Saya Bukti Ketidakadilan Ekonomi Dunia https://t.co/ZlFcDsfV9x

[Henry D. Hutagaol @Henry_Hut]

https://t.co/wdvafbEJnV

[Henry D. Hutagaol @Henry_Hut]

Daftar 7 BUMN yang Tetap Rugi Meski Sudah Disuntik PMN https://t.co/igOew0OOlD