korrents

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The share of income spent on things only a human can do will stay negligible, because new things to buy keep being invented faster than we satiate on the old ones.

Drawn from what Phil Trammell said

What this subject means

AI and jobs Whether AI displaces human work, which jobs go first, and what replaces them.

What Phil Trammell actually said

  1. Phil Trammell Economist working on the economics of transformative AI
    but of course, that's not what's happened, because as we've accumulated more wealth and you know, more advanced machines and and so on, we've expanded the range of things other than singers to spend our money on, and the share spent on singers has stayed sort of negligible. Um so likewise, that's sort of my central prediction about how future unfolds, though I it could go either way.

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

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