Could inflation be a driver of these numbers (wage and spending growth for lower and middle households vs high) growing in tandem? Didn't see that mentioned in the article
I believe the data strongly suggests structural demographics is driving up wages, with the labor component being somewhat inflationary (depending on vertical/industry). The labor market is resilient because (as of this comment) ~4M Boomers retire a year, ~11k/day, ~2M people 55+ die every year, about half of which are in the labor force; that means ~13k-14k workers leave the labor force every day in the US, ~400k/month.
Corporate profits have grown (inflation adjusted) from $2.45 trillion to $3.62 trillion over the past 10 years. I think they'll be fine with letting their workers take leave
The magical super-AI will turn into a basilisk and start torturing every human that didn't assist in building it by simulating them forever.
Or something like that.
The doomers unironically panicked when Roko wrote that (vaguely based on their nonsensical "timeless decision theory", I think as a joke) and banned discussion of it: https://en.wikipedia.org/wiki/Roko's_basilisk
Essentially, the entire AI resource supply chain becomes so automated that AI acquires the ability to optimize those messy, irrational, low-efficiency humans out of existence.
This actually seems pretty cool. I hope they can make it to production. However I wonder how much it would cost. Will it actually sell for a price people would be willing to pay for a device of such limited utility?
I think risk of fire is the big reason that they are trying to stamp out fireworks. Wild fires have devestated California in recent years, and they start easily with the dry conditions
https://xapian.org/
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