Poverty in the midst of abundance: AI will make goods cheaper, but your labor will get cheaper faster

The post argues that while AI may reduce the cost of goods, it could also rapidly decrease the value of human labor, leading to a scenario where people cannot afford basic necessities despite their low prices. The author uses energy cost as a proxy, suggesting that AI can perform tasks at a fraction of the cost of human labor, but essential goods like food require more energy to produce, making them relatively more expensive.