AI's 'Doom Loop': Economic Crisis from Rapid Job Automation?

So, but let's talk about that Doom loop very quickly because, um, yes, uh, you know, uh, what was that? Mustafa Sulayman was saying, yeah, it could replace all white collar middle management jobs by 12 to 18 months, but that's not the right question. I saw Luke Growman today ask the right question on Twitter. He said, the right question is, how many of those people need to be replaced before we get into an economic crisis? Now, it's not 100%. Is it 10%? 20%? Because those are all people formerly had high paying jobs. Maybe the people used to work at Block, uh, now scrambling to find something else to do. So, let's, let's what's your Doom loop here? How's that work? It's very well understood that of course, uh, discretionary income collapses as these, uh, normally high income human workers are, are jobless all of a sudden. And then the difficulty of finding new jobs is becomes extremely high. So their discretionary spending, uh, collapses and then products and services that they would normally consume, those sales tend to collapse and then the corporations that offer those things, they tend to lose revenues and then they have ...