Chinese courts ruled AI adoption can't justify firing workers, forcing tech companies to budget for expensive transitions that could increase global gadget prices.
I think a statistic I saw recently was that nearly 50% of American consumer spending is attributed to the top 10% of consumers.
Which would largely indicate that it doesn’t matter because those who have the money will continue to spend it and those that don’t will continue to get poorer.
This is what’s happening to Vegas, the number of visitors is dropping but the casino profit is increasing. The city no longer caters to the middle class but to millionaires.
Nobody’s considered who is gonna buy all the stuff when all the employees are laid off
I think a statistic I saw recently was that nearly 50% of American consumer spending is attributed to the top 10% of consumers.
Which would largely indicate that it doesn’t matter because those who have the money will continue to spend it and those that don’t will continue to get poorer.
This is what’s happening to Vegas, the number of visitors is dropping but the casino profit is increasing. The city no longer caters to the middle class but to millionaires.
I have always loved the saying: Lie, outrageous lie, statistic.
Data is a wonderfull thing, but it often can be really easily to be presented in a way, that while being true, is not representing the truth.
Like if we would just look the numbers containing just necessities and remove the luxury products it would not be that lopsided.
like if you removed luxury products what would this country even produce beside suffering?
Luxury products like health insurance, food, education, and independent housing?
Well I guess if you have millions of robot slaves you don’t need the people anymore at all.
Appleseed?
They’ll give the people more debt.