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.
Do Vegas casinos own a sizeable stake in online gaming? If so, it would be interesting to see what part of those increasing profits are due to us poors spending on online gaming increasing while we never set foot in Vegas.
Nobody’s considered who is gonna buy all the stuff when all the employees are laid off
The future is two corporations, eternally B2Bing back and forth across the desiccated husk of the Earth. A perfect, all-encompassing synergy.
Alien earth pretty much covers this utopia (sarcasm) already. Few huge corporations run earth as a corporatocracy.
This feels like the makings of a good one-off SciFi short in an anthology book or something.
They already did it. An episode of Philip K. Dick’s Electric Dreams.
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.
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?
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.
Do Vegas casinos own a sizeable stake in online gaming? If so, it would be interesting to see what part of those increasing profits are due to us poors spending on online gaming increasing while we never set foot in Vegas.
yes and yes. and it was theorized that their online gaming would cannibalize the physical locations which this could also suggest.
Who cares, the Dow is at a record high! Wish I didnt have to eat tree bark tho
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.