How many 10x productivity revolutions do we need? At the end of it, will there be only one person left producing everything for humanity in 5 minutes each Tuesday afternoon?

  • CosmicTurtle0@lemmy.dbzer0.com
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    5 days ago

    I’m agree with the consequence but not the cause. Jack Welsh figured out the cheat code to increase short term stock prices by laying off people, regardless of their actual role or value to the company.

    Since then, every company has done it whenever they need a quick boost in numbers.