AI is our only hope to avoid austerity with a shrinking US population — unless Bernie Sanders gets his way
The American labor force is shrinking and increasingly responsible for bankrolling the largest and wealthiest generation to ever age into retirement. And that retirement is becoming increasingly expensive, with the majority of tax dollars collected sent straight to Americans 65 and older.
The United States’s $38 trillion national debt now nets an annual interest bill of another trillion dollars each year. And the bipartisan Washington consensus eschews reforms in favor of praying that the economy magically grows its way out of this fiscal disaster.
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And the crazy thing is, the artificial intelligence boom may very well be the deus ex machina capable of bailing out the country. Naturally, Sen. Bernie Sanders (I-VT) has committed the socialist cause to crusade against it.
The two-time Democratic presidential candidate is not interested in regulating AI or taxing its externalities. Rather, Sanders is now campaigning for a total moratorium on new AI data centers and demanded that the government “slow this thing down”........
