If AI being a million billion zillion times more productive at doing bullshit jobs nets in very little economic gain, then that lays bare the net economic value of all our bullshit jobs.

But given that the stock market hasn't panicked, this must mean at least one of these premises is false:

1. Economic activity is relatively flat.

2. AI makes us a million billion zillion times more productive than we used to be.

3. The stock market is rooted in reality.