Part 3/8:
One of the core concerns Altman addresses is the potential shift from capitalism to what economists refer to as a post-scarcity economy. This scenario arises when AI technology can execute tasks more cheaply and efficiently than human labor, potentially rendering vast swathes of the workforce obsolete. In such a framework, profit-oriented capitalism may struggle. If machines are performing all labor, then the traditional capitalist notion of making profits from human work becomes untenable.