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Have you noticed, lately, or noticed people around you commenting, that there just seems to be no money anymore. There's no money for companies to make the tv shows you like, the video games you like, the local diner you like shut down, no one you know can find a job. Think about that in context of

I think that AI is a big part of the problem. But I think the core is private equity. I work(ed) in film and television and my experience was that PE came in and stripped everything for parts to lower costs and are trying to pump up value with future promises of AI generated content.

I think AI is less likely to be a cause and more likely to be an expression of a larger problem— financialization and the upward concentration of wealth. In the media and software industries the mass firings started *before* GenAI was in place to explain what the lost workers would be replaced with.