IMF predicts AI will impact 40% of jobs worldwide, exacerbating inequality and social tensions

there is a fundamental contradiction being ignored here. machines can't consume the goods they make, humans can. if there is no one (or reduced number of people) for capitalists to sell (i.e demand) due to automation, there will be a mass collapse of all the businesses.

Pointing at an Automat vending machine from the 1970s that's got a big "AI" sticker slapped on it, and claiming it's going to take everyone's jobs.