Nerd-E 🎩
@nerdy
So… IF AI and automation suddenly replaces all the workers in whole industries, that’s pretty much the end of profits for those industries. Everyone has access to the same tools, tech, and machines. Where does the profit margin come from? Minuscule improvements on product flow? Sounds razor thin and bad for long term shareholders.
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Nerd-E 🎩
@nerdy
So… when an industry is shifting to automation, the play is to ride the pump when automation is announced, then dump at peak euphoria, shortly before competitors catch up to the first mover. Then fade that industry forever.
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