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When the bubble pops - How AI will destroy the economy

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Source: The Hated One
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  • description: How exactly will AI steal your job? And what will it look like when unemployment skyrockets? If you don't support me, I will have to stop making videos: https://www.patreon.com/thehatedone AI is hyped. It is hyped to be able to do all of our tasks much more efficiently than most humans could, very rapidly erasing the need for human labor. The collateral damage? The entirety of the working class. The mass layoffs across the tech sector serve to prove this point. The labor cuts are no longer counted in numbers, but in percentages. If this is truly a systemic trend, then the mass increase in unemployment is irreversible. AI will wipe out the working class as a whole. If that happens, tens of millions of people will be left without income. Income they’d need to buy goods, services and assets. The prices of assets will fall because the retail won’t have the money to spend on them. Profits will fall, leading to the stock market crash, pulverizing incomes and net worth of millions. The economy as we’ve known it for decades will be destroyed. Sources [full transcript and references: https://www.patreon.com/posts/142036518] [0] https://techcrunch.com/2025/09/30/tech-layoffs-2025-list/ [1] https://www.cnbc.com/2025/01/14/meta-targeting-lowest-performing-employees-in-latest-round-of-layoffs.html [2] https://www.youtube.com/watch?v=zju51INmW7U [3] https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic [4] https://www.youtube.com/watch?v=5KmpT-BoVf4 [5] https://www.youtube.com/watch?v=uHY5i9-0tJM [6] https://blogs.microsoft.com/blog/2025/07/24/recommitting-to-our-why-what-and-how/ [7] https://www.ft.com/content/5f6f78af-aed9-43a5-8e31-2df7851ceb67 [8] https://fortune.com/2025/10/07/ai-bubble-cisco-moment-dotcom-crash-nvidia-jensen-huang-top-analyst/ [9] https://www.sanders.senate.gov/wp-content/uploads/10.6.2025-The-Big-Tech-Oligarchs-War-Against-Workers.pdf [10] https://www.youtube.com/watch?v=dthbi4lzO58 [11] https://budgetlab.yale.edu/research/evaluating-impact-ai-labor-market-current-state-affairs [12] https://digitaleconomy.stanford.edu/wp-content/uploads/2025/08/Canaries_BrynjolfssonChandarChen.pdf [13] https://www.theregister.com/2025/09/02/salesforce_4000_jobs_ai/ [14] https://arxiv.org/pdf/2505.18878 [15] https://www.gartner.com/en/newsroom/press-releases/2025-06-25-gartner-predicts-over-40-percent-of-agentic-ai-projects-will-be-canceled-by-end-of-2027 [16] https://arxiv.org/pdf/2412.14161 [17] https://www.morningstar.com/news/marketwatch/20251003175/the-ai-bubble-is-17-times-the-size-of-the-dot-com-frenzy-and-four-times-subprime-this-analyst-argues [18] https://fortune.com/2025/09/28/nvidia-openai-circular-financing-ai-bubble/ [19] https://www.ft.com/content/603be7d5-13ac-4047-9854-24db5f0f0802 [20] https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/ [21] https://x.com/jasonfurman/status/1971995367202775284 [22] https://www.ft.com/content/7cee5e77-2618-4ed4-b600-aee22238d07a Credits Title music by Karl Casey @WhiteBatAudio Follow me: https://twitter.com/The_HatedOne_ https://www.reddit.com/r/thehatedone/ The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
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