So I'm having a really hard time communicating this to people and I don't know if it's because they are young and inexperienced in the way of the world or they simply lack a complete education of how economics function I don't know.
Our entire economic system on this planet, every version of it from socialism to dictatorships to capitalism, and whatever it is they have in Denmark and Sweden, functions on one simple fundamental principle: consumption.
The companies being traded on the stock market exist because people buy the products and services those companies provide.
Adobe sells licenses that allow graphic designers to use its products. There is no physical product involved, only digital services, but those licenses are still what keep the business operating and allow it to be publicly traded on the stock market.
If AI replaces the people physically working at these companies, the people creating the software and products being sold by these publicly traded corporations, then eventually there will be no consumer income left to sustain those businesses. Without consumers spending money, companies will have nothing meaningful to report to shareholders and investors, which would ultimately destabilize the entire system.
People have to consume products and services for the economy to function. AI cannot fundamentally replace the entire workforce indefinitely because, if it does, there will eventually be nothing left to support the economic system, including the infrastructure required to sustain AI itself.