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    Citi warnt vor einer Deflation, wenn KI zu hoher Arbeitslosigkeit führt und nur einer kleinen Elite zugute kommt


    Citi warnt vor einer Deflation, wenn KI zu hoher Arbeitslosigkeit führt und nur einer kleinen Elite zugute kommt

    https://www.businessinsider.com/ai-layoffs-deflation-us-economy-job-market-outlook-citi-2026-2

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    23 Kommentare

    1. pcpelste on

      If high unemployment and greater inequality do happen to that degree it would either cause a mass overthrow or societal collapse.

    2. Gari_305 on

      From the article

      Citi sees the potential for a new AI related crisis brewing in the economy: deflation 

      In a note to clients on Friday, researchers at the bank said they believe that more companies adopting AI will eventually lead to higher unemployment. Those job losses could lead the US down a deflationary path, a precarious situation in which inflation doesn’t just slow, but prices actually fall. 

    3. alvalladares25 on

      Tbh we actually need deflation more than ever. I just don’t want it to come at the expense of people losing their jobs forever

    4. Agitated_Ad6191 on

      No shit! If half of the people lose there jobs everything falls. It will be a simple domino effect. Society as we know it will fall. And this all happens overnight, we don’t have time to react. By voting in Trump again at the worst moment when AI needed full on regulation, they now can do whatever they want instead. They created the perfect storm, and the consequences will be devastating. Be prepared that life as you know it will change. Don’t think it won’t happen, don’t think it won’t effect you.

    5. cucci_mane1 on

      It is already happening in tech. Block just laid off 40% of their workforce in 1 day citing „AI efficiency“.

      Tons of layoffs at Amazon, Meta, and all kinds of tech companies. Same goes for finance. (Look at layoffs this yr at Citi, Goldman, Wells Fargo etc)

      This is a structural change in that companies are NOT laying off bc of strained Financials. These companies reported double digit earnings growth and yet laying off thousands. Employers are flat out saying that they just dont need as many workers now with AI.

    8. throwaway0134hdj on

      That won’t stop them.

      We are likely within only a few years of most white collar jobs being erased, and ppl will just need to learn to adjust and re-skill to blue collar or sth else.

      Hope everyone’s ready for a bumpy ride. It’s going to be a cataclysmic apocalypse for the white collar world.

    10. jcmach1 on

      Probably should be more worried about the decapitations if that happens rather than deflation.

      We are already almost at revolutionary levels of wealth concentration. Does anyone really want to throw in mass unemployment and starvation just to test?

    11. jon_the_mako on

      WAIT WHAT !?! Only benefiting the elite? Credit card companies that rely on mass use should have been fighting all this from the beginning. The more unemployed the more credit card usage will go up then more unpaid payments.

    12. Parking_Act3189 on

      The government will print tons of money and force banks to lend the money and also increase unemployment benefits 

    13. Relaxmf2022 on

      I’ve been screaming this from the rooftops for ages.

      a whole bunch of people who downplay the upcoming employment crash as no big deal are going to be shocked when they discover they can be replaced, too

    14. RedBarnGuy on

      Sure, because people need money to buy a things. Less buying power equates to less *demand* for non-essentials. At the same time, in Citi’s hypothetical, *supply* likely increases with productivity gains due to AI. So there would be a double whammy effect.

    15. Dripdry42 on

      Let’s try a simple critical thinking experiment here. Let’s say that prices are being fixed and enforced by only a handful of large companies.

      now, if you look into it, we find there appears to be enough evidence to get an injunction immediately against Amazon, instead of waiting until 2027, to show that they are using a hub and spoke conspiracy and are probably responsible for something like 40%, conservatively, of the inflation in the price of goods in America over the last five or 10 years.

      No, this inflation has brought Amazon a huge amount of profit, which they extract from the businesses actually creating these goods.

      Now, if you have deflation, and a large chunk of that decrease in price was only coming from a handful of very large companies, wouldn’t it simply mean that those companies profits would shrink? It would hit the stock of large companies, but since they are extracting such an astounding amount of profit from people, as opposed to the way things were 50 years ago when deflation occurred, it would simply mean the stock market would go down a little bit rather than some kind of scary scenario.

      Citibank has always been a bad actor. At this point, I would argue that deflation will actually be healthy for the economy IN LIGHT OF the extreme structural changes that have occurred in our economy.

      It would actually allow new businesses to come into existence and thrive, and of course, give regular people some relief

    18. _chip on

      It’s already a year underway 😣. You see the circle jerk the top tech/ai companies are pulling to invest the same billions into each other with no rubber.

    20. waxpenthrowaway on

      People have been warning about this for awhile. Massive productivity with zero need to pay anyone, think of the results.

    21. YupItsMoi on

      if only we could have predicted this…. wait, what’s the predictive technology which uses advanced computing to… oh never mind…

    22. sum_dude44 on

      only thing worse than inflation is deflation, b/c you don’t have money to benefit from it

    23. stu54 on

      It will only be deflation on the essentials that people need to live. When workers are no longer needed then keeping them alive will no longer be important and suppliers will scramble to sell the last batch of goods before millions drop into abject poverty.

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