This week on TDS, America’s only source for news, Jon Stewart raised the issue of what the future might look like. Stewart’s performance ~8:00 to ~14:40 of this video goes to the heart of the matter. When asked what the future of jobs would be in AI’s utopian wonderland, video clips of the CEOs and top players in the AI industry showed that none of them had any remotely credible answer. None whatsoever. Absolutely, positively no idea at all.
One of them said such speculation was something akin to being beyond human comprehension. Stewart pointed out that all of these brilliant geniuses could easily speculate a utopian human future somehow driven by AI, but they could not speculate on how that future would actually manifest itself for real people.
None of those brilliant AI geniuses, smarter than most everyone else (except Trump of course / s), could even come up with a plausible wild-ass guess. All the top AI dogs told us that there would be a gigantic explosion of new jobs. Not the same as old jobs, but a hyper-abundance of completely new, very high paying jobs. Vast new wealth would be gushing out of everywhere. Maybe not surprisingly, none of the experts could say exactly what all the new jobs might entail. One yahoo, the top dog at Nvidia went waaaay out on a limb and speculated that the new industries and jobs might include wellness centers and spas! Stewart pointed out that those jobs have existed at least since 2000 BC.
By the end of that segment, expert opinion boiled down to a true utopian vision that jobs would probably become obsolete because there would be so much of everything for everyone. Musk speculated that, if people wanted a job in his vision of an AI utopia they could take a job as a hobby. Musk commented that there would be so much abundance that there would not be a universal basic income. Instead, there would be a universal high income. People would just get free money or wealth from all the abundance.
Stewart boiled that insane crackpottery down to this: If capitalism with unfettered, unregulated AI is allowed to do its thing without any interference from anyone except the AI geniuses running the unregulated capitalist show, the end result would be socialism.


Human history and the human condition
If one looks dispassionately and with an open mind at history since the start of the industrial age, about 1750-1760, and the human condition what does one see? What one sees in history is a gradual but major shift from predominantly agricultural economies and hand production toward machine-powered manufacturing and factories. What one sees with the human condition is that it doesn’t change much. The owners of the means of production and wealth in the industrial age, almost always tried to keep as much wealth and power for themselves as they could.
One has to ask, why would that be any different in the age of the hypothesized AI utopia? Why would the geniuses owning and running AI be any different from the plutocrats and oligarchs that went before them? Has human nature changed a whole lot since ~1750? Listen carefully to modern multi-billionaires, including the ones that Stewart played video clips of. When it comes to wealth and power, how are they as a group of people any different from past groups of wealthy and powerful people like Rockefeller, Mellon, Vanderbilt, Carnegie, etc.? Did a lot of the new wealth that the industrial age created and a few people owned and controlled trickle down to average people and workers? Hell no.
Even today in 2026, billionaires, centimillionaires and decamillionaires as a group generally oppose regulations and taxation. They tell people to stop being lazy, get a job and do bootstrap pulling.[1]
Q1: Does the distribution of the vast wealth and power that AI could generate in the future depend on economic arrangements and political policy, or will technological capability alone generate so much “abundance” that even multi-billionaires will have enough to allow for a universal high income because, e.g., they can’t carry that much cash around or whatever?
Q2: Are the AI geniuses naive idiots or stone-cold liars when they tell us to not worry about jobs because there will be a universal high income for everyone, with peace and harmony settled on the land?
Footnote:
1. For the moment at least, a fly in the regulation of AI ointment is comes from the recent scare that unregulated AI might kill us all. Some top dog AI geniuses see a potential for AI to get loose and cause billions of human deaths. There have been a few squeaks about maybe the AI industry really does need some regulations. But that spasm of social conscience will pass, just like a spasm of shock from Trump’s 1/6 violent coup attempt passed for a few MAGA politicians in congress.



