Only those at the top. Because they have the computational power in their hands to train these enormous AI algorithms pumping out refines images and award winning Shakespeare poems in a matter of seconds. But wait, anyone can use an AI generated text or picture for their own benefit. Well see…

The AI revolution is the single biggest wealth redistribution project in history.

It is, and most people are not going to take advantage of them, they will continue living their normal lives, going to their job, paying their taxes, scrolling social media as more and more of their posts they’re scrolling through become AI generated content, and don’t even notice, Its replacing people at an ever accelerating rate and can replace all of us.

By the biggest wealth redistribution project in history, we mean that a massive number of ordinary people, who live pay check to pay check, and pay taxes and scroll social media as normal, who discover new ways to profit off the AI revolution and turn their lives into something valuable.

What about the revolutions before?

When a new technological breakthrough occurred, the few who reaped most of the benefits, like all of history, were risk takers, inventors, unsatisfied with the norm. When new farming technologies were invented, the farm-owners benefitted the most by reaping the rewards of extra profits, improved worker productivity and efficiency. Not everyone was a landowner though, and the workers got mostly no extra benefits, they were either slaves or peasants who lived in poverty.

Additionally, old jobs were replaces with new jobs which were more in demand, and payed more. For example, a group of people called “knocker uppers”, people employed to wake people up in Britain before the invention of alarm clocks, eventually they lost their jobs but new jobs in the alarm clock industry were made, such as assemblers, workers, researchers and more administrative positions that were created with the advent of the simple alarm clock. Also, productivity rose because people knew exactly what time to wake up and go to work and produced many economic benefits.

The future

This kind of technological advancement will be drastically different than every other one before on an unprecedented level and can and will be coming for everyone but the difference is that it will create far less jobs to replace for all the existing jobs which are automated, which for people to work at and we will start seeing mass unemployment because AI does all forms of conceivable work imaginable, even ones which we haven’t invented yet.

We are headed for the “post work world” where we just do what ever we want, because AI will do the work for us, but what about us, do we become useless? No, because before then there is always something else to do.

The headlines

• Disney turns 100 years old and it’s present? Some rather bad news, as Disney is planning to reduce its output of old iconic movies such as Star Wars, or Marvel because, people are tired of the same spaceships and destruction all the time, along with its fallout with Florida governor Ron DeSantis, legal battles and nasty words being thrown back and forth, haven’t made this experience rather good for the company.

• Disgraced FTX “crypto king” fraudster’s $250 million bail is revoked and sent back to jail for “tampering with witnesses al least twice” Sam Bankman Fired, 31, charged with defrauding investors in the billions, and donating $10s of millions to the Democratic Party has been under house arrest in his $10,000,000 parents grand estate with restricted internet usage but he is accused of breaking his bail terms.

• Potential oil price rises as inventories of oil stock are set to dry which is set to increase the demand of oil, not to mention OPEC supply cuts have been behind a rally which raised Brent Crude to $80 per barrel, the highest its been since last year, when Russia launched an invasion in Ukraine, prompting EU countries to cut off demand for Russian oil. Oil demand is expected to increase as a result of increased demand for flights in the summer, as well as air conditioning.

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