Post-Keynesian economist Steve Keen shows how the #AIBubble is related to all the previous overinvestment bubbles.

He’s got the models and the math to prove it, and it’s easy to follow.

But most importantly, he then goes and models also the hypothetical post-AGI market with huge job losses.

Keen shows, that if the tech bros keep insisting on current #Neoliberal models without #UBI funded by a government deficit, we might end up in a Hunger Games world.

https://youtube.com/watch?v=TD3FB9NkwSQ

#economics