10% unemployment = worst in our lifetimes
Cenk Uygur contends that 10% unemployment from AI would be worse than any economic crisis anyone alive has experienced, let alone the 25% scenario.
Snapshot · The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: The Economy Is About To Collapse! The 2026 AI Crisis Nobody Sees Coming
Explore episode
May 28, 2026
Where this was said
Are AI Founders Hiding The Real Risks From The Public?
At 23:35 · chapter starts 15:12
China built 400 GW of coal power in 19 months
Kevin O'Leary claimed that in the last 19 months China built 400 gigawatts of new power capacity from coal while US data center construction was stymied by regulation.
Sam Altman, Dario Amodei, and Elon Musk Admit AI Will Destroy Most Jobs
The CEOs of OpenAI, Anthropic, and Tesla have all said publicly that AI will eliminate most current jobs and push unemployment toward 20%. These are the people with the least incentive to say their products will cause harm — and they are saying it anyway. The public is being sugar-coated.
Sam Altman predicted AI will replace most jobs (March 2021)
OpenAI CEO Sam Altman stated in March 2021 that AI will probably replace most of the jobs people do today and that entire job categories will be totally gone.
Dario Amodei: AI could eliminate 50% of entry-level white-collar jobs in 5 years
Anthropic founder Dario Amodei predicted AI could eliminate half of all entry-level white-collar jobs within five years, potentially pushing unemployment to 20%.
Dario Amodei warned: US must build compute or China catches up in 6 months
Kevin O'Leary cited Anthropic CEO Dario Amodei warning that if the US doesn't build more compute capacity within six months, China's DeepSeek will overtake US AI capabilities.
Coder salary drops from $120k to $36k under UBI
Cenk Uygur illustrates the UBI shortfall: a coder earning $120,000 would receive only $36,000 per year under a $3,000/month UBI scheme — a devastating income collapse.
The UBI Math: From $120K to $36K
A coder earning $120,000 a year who loses their job to AI would receive just $36,000 annually under a $3,000/month UBI — and even that assumes UBI gets passed instantly, which it won't. The transition from good middle-class salary to poverty-level income replacement is not a safety net; it is a catastrophe.
Similar snapshots
$13K MRR with $0 marketing spend
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
