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Only if the market is infinite.

If a, or better, all newspapers through AI can cut their editors down to 20% and produce the same product, they won't invest the saved money in 80% new editors.

Many things will be produced with much less humans when IA really takes off. But it will be a good thing over all, not the worldwide poverty with an unusable workforce.

In some hundred years there will be 5 or 10 hour work weeks. Thanx to AI and robots.