Gregory's Server@Npars01 @gooba42 @baldur I have to wonder what happens if they actually succeed? It's all very well for the owner of a business if they can lay off 4/5th of their workers, but if everyone else is doing the same, who will buy their products? Currently employment is a foundation of society: If you don't earn your living you have no right to water, food or shelter. We could be looking at the very early days of a crisis that comes to define the next decades, alongside climate change.
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6 comments
 @Qybat @baldur @Npars01 And they *always* want us to measure IQ by net worth. It's not enough that they're the richest, they also want to be the most revered, most loved, smartest and most honored. They want *all* the money and they want *all* the social capital without having rightfully earned any of it.  @Npars01 @Qybat @gooba42 @baldur They just truly believe the entire world is theirs and we're just in their way.  It's gobsmacking that a hedge fund manager can simply order mass layoffs & wage decreases on a whim. Chris Hohn had a single bad year and that is how his fit of pique was manifested; putting thousands on unemployment in retaliation. @Qybat @Npars01 @gooba42 @baldur then we will invent more jobs... jobs are not a static thing where we will simply run out of them if we pretend for a second that ai based machines are literally doing all our work for us then we will essentially be in paradise, where food and shelter etc all costs nothing and we can spend all day having fun and relaxing just don't expect that to happen any time soon @ikt @Npars01 @gooba42 @baldur We don't have an economic model for paradise. There must be a limit to job creation. It already takes the efforts of the advertising industry to create artificial demands just to keep the current level of employment. We're already deep into the space of busy-work - pointless consumption to fuel pointless production. Whole industries built upon disposable goods and planned obsolescence to the point it's causing environmental damage. Just how far can we push this? |
@Qybat @gooba42 @baldur
True.
Billionaires want people to have more babies but work very hard at creating conditions where those babies won't be fed, housed, or educated.
Economic self-harm? Suicidal business ethics? Self-defeating social conduct?
Why billionaires do mass layoffs at enormously profitable companies, except stock price manipulation, thwarting union drives, wage suppression, climate denial, kneecapping litigation, profiteering, & election interference?
https://fortune.com/2023/01/23/christopher-hohn-rishi-sunak-old-boss-tci-fund-management-letter-to-alphabet-sundar-pichai/
@Qybat @gooba42 @baldur
True.
Billionaires want people to have more babies but work very hard at creating conditions where those babies won't be fed, housed, or educated.
Economic self-harm? Suicidal business ethics? Self-defeating social conduct?
Why billionaires do mass layoffs at enormously profitable companies, except stock price manipulation, thwarting union drives, wage suppression, climate denial, kneecapping litigation, profiteering, & election interference?