Businesses face a fundamental paradox: they want zero employees to lower costs while simultaneously needing customers with sufficient purchasing power to buy their products, which requires those customers to have income.

causalpending

Speaker

Dave Shapiro

Evidence Quote

if every company fires everyone and replaces them with AI and robots, then none of your consumers or none of your customers have any money left. So therefore, the entire uh wage, labor, uh social contract breaks down

Source

Post-Labor Economics Lecture 02 - "Economic Agency Paradox" (2025 update)David Shapiro
Created: 8/11/2026, 5:34:35 AM

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