David Sacks argues against universal basic income, labeling it a fantasy. He believes that perpetual handouts undermine societal work ethics.
According to Revelio Labs, there’s been a 19% decline in job postings suitable for AI. Sacks warns this trend could affect employment among able-bodied citizens.
Klarna’s CEO anticipates job reductions as technology progresses, predicting at least 500 layoffs in the coming year due to automation advancements.
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