The article challenges the belief that AI replacing human workers will collapse the economy due to lost consumption. It argues this assumes The Economy requires human spending, which is flawed. The author contends modern economies operate through abstract virtual transactions, not just physical consumption.

Corporations and banks conduct billions in electronic trades daily with entities having no employees or products. These transactions manipulate stock values and share ownership without corresponding to real-world goods or services. The system perpetuates itself through legal fictions, not human necessity.

The owning class benefits regardless of human economic participation. They grew wealthier after past recessions like 2008, showing the system insulates them from collapse. Meanwhile, mass unemployment from AI may lead to social unrest rather than economic adjustment, potentially met with increased policing rather than support.

This reveals the Ad Economicum fallacy: assuming economic outcomes based on undefined, contradictory concepts. The article concludes that traditional economic logic fails because it relies on abstract assumptions about consumption and collapse that don't reflect reality.