> If all jobs were taken by AI in a short time span, the companies owning and operating those AIs would go out of business as no one would be able to afford the products made by the AIs
I think The companies would go out of business if the government did not subsidize them as a matter of public or national security interest. Do you think that would not be the case? It doesn't take much for a company with money to lobby for this and for the power of marketing and mainstream media to make the public perceive this as the right decision - in fact a study of our history would reveal this as the more likely scenario so as a company racing to render the labor market obsolete its in their interest to disrupt it to capture any amount of it.
if the government is owned by corporations via the stock markets than governments taking over organisations is privatization via a majority shareholdership and not nationalization.
Who funds those tech firms? It's not Trump. His power is mostly theater to his constituents and those who funded Trump: spoiler: he's not entirely self funded, and some of his funding is at least from others so he's conflicted in his self interests to others. We call this a classic conflict of interest.
Yeah I can see that. Though the separation between "govenrment" and "corporation" is pretty thin already. So nationalization or corporitization, whatever you want to call it, its just a label for rich and powerful people concentrating power and deriving benefits.
I think The companies would go out of business if the government did not subsidize them as a matter of public or national security interest. Do you think that would not be the case? It doesn't take much for a company with money to lobby for this and for the power of marketing and mainstream media to make the public perceive this as the right decision - in fact a study of our history would reveal this as the more likely scenario so as a company racing to render the labor market obsolete its in their interest to disrupt it to capture any amount of it.