AIBearishFortune Crypto · May 167/10
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The prophet of the ‘Wired Belt’ says capitalism is finally eating itself
Bhaskar Chakravorti from Tufts University warns that AI-driven automation will disproportionately eliminate jobs in major business hubs, creating a paradox where capitalism undermines its own consumer base and economic foundations. His 'Wired Belt' concept predicts concentrated job losses in affluent metropolitan areas that drive the global economy.
