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Even with no redistribution at all, a little saving would rescue a great many people, because the same AI that automates the work makes returns enormous.

Drawn from what Phil Trammell said

What Phil Trammell actually said

  1. Phil Trammell Economist working on the economics of transformative AI
    things have to go really wrong for us to like just get over the threshold of uh you know, capital being productive enough to automate lots of work, but not be productive enough that that the interest rate is high and or the price of capital produced goods is falling a lot, okay? So, even without redistribution, a little bit of savings will save a lot of people.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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