Quote · God Mode Podcast
Jack Dorsey Cuts Half of Block for AI | White-Collar Jobs Gone in 18 Months? | Why Plumbers Win | Qwen 3.5 and Nano Banana 2 | Running a Business With 10 AI Employees | EP02
Where this was said
Citrini Research: The 2028 AI Bear Case & Real Estate Bubble
At 9:22 · chapter starts 7:55
Top-tier real estate markets like San Francisco, Austin, and New York are priced around high-paying tech and knowledge-worker salaries. If AI eliminates those salaries, demand collapses and a real estate crisis follows — with eerie parallels to 2008.
For UBI to work in an AI-displaced economy, you need massive corporate tax revenues from profitable AI companies. That only exists in the US. Countries without their own AI industry have no funding mechanism for a safety net — making AI job displacement a global inequality crisis.
