Unlikely for AI to take all jobs. Imo, companies don't care about 'no jobs, no income, no spending' problem as long as their profits keep rising for now. When costs collapse and demand slow, they'll want governments to take care of the problem through UBI etc.
Everyone says “AI will take all the jobs.”
If that happens… how does this future actually work?
No jobs → no income → no spending.
So who buys things? Who pays rent? Who keeps the economy moving?
What am I missing here?