Sabitlenmiş Tweet
Honestly Correct 🌎
24.6K posts

Honestly Correct 🌎
@honestlycorrect
• Independent Thinker / Humanitarian / Social Activist • 🌎
Chicago, IL. Katılım Haziran 2009
3.7K Takip Edilen1.7K Takipçiler
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi

Two economists just published a mathematical proof that AI will destroy the economy.
Not might. Not could. Will — if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."
An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.
Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.
The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.
Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.
Source: Falk & Tsoukalas · Wharton School + Boston University ·
arxiv.org/pdf/2603.20617

English
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi

FREEFALL: Trump’s approval sinks to new low as his war with Iran drives cost-of-living concerns.
reuters.com/world/us/trump…

English
Honestly Correct 🌎 retweetledi

✨✨✨ LIVE Auction✨✨✨
Super Splendid Thank you @SecretariYat for bidding on Campum Effugium!!!! Thank you so much!
Current Bid: .1 Eth
18 hours remain
✨
GIF
English
Honestly Correct 🌎 retweetledi

Gas prices in the U.S. have reached another wartime high. The average price of regular gasoline in the U.S. rose more than 6 cents yesterday to $4.18 a gallon. Prices have now risen $1.19 since Feb. 28, the day the Iran war broke out.
🔗: on.wsj.com/4w4ex11

English
Honestly Correct 🌎 retweetledi

A record 55% of Americans say their financial situation is worsening, with many expressing anxiety about covering monthly bills and making minimum credit card payments, according to a new Gallup poll.
cbsn.ws/4cTXrdt
English
Honestly Correct 🌎 retweetledi

American went to Panera Bread and he can’t believe the prices
He ordered 2 soups, 2 grilled cheese sandwiches and 1 other sandwich
The total was $71
Panera Bread priced have increased 70% across the menu since being bought by a private equity firm
Panera Bread is also regularly criticized for Shrinkflation
So prices are up 70% and portions are smaller
Private equity firms ruin everything
English
Honestly Correct 🌎 retweetledi

The final two minutes below are extraordinary as interviewer Scott Pelley brings his own vulnerability into the final question. The entire forty minute interview is worth the time, very little politics, a lot of perspective on what it means to be human.
60 Minutes@60Minutes
"There are no maverick molecules in the universe," says Ben Sasse. cbsn.ws/4e5LH9T
English
Honestly Correct 🌎 retweetledi

Inequality….
Liz Ann Sonders@LizAnnSonders
Wealth in the U.S. is still heavily concentrated; top 10% (combo of orange, red, green bar segments) held $119 trillion in Q4 2025, nearly 70% of total wealth; top 0.1% (approximately 136,453 households) held roughly $25 trillion, or around $183 million per household @DataArbor
English
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi
Honestly Correct 🌎 retweetledi










