digikomori on Nostr: Targeted inflation is devastating to the middle/lower classes. Everything that ...
Targeted inflation is devastating to the middle/lower classes. Everything that *should* be getting cheaper due to productivity gains is held at a fixed price by funnelling the gains from workers to equity holders.
Now AI will compete with labour further driving down the ability to move up the ladder. Anyone who doesn’t already have a pile of assets is screwed.
Save what you can, while you can.
Published at
2023-04-06 18:32:20Event JSON
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"content": "Targeted inflation is devastating to the middle/lower classes. Everything that *should* be getting cheaper due to productivity gains is held at a fixed price by funnelling the gains from workers to equity holders.\n\nNow AI will compete with labour further driving down the ability to move up the ladder. Anyone who doesn’t already have a pile of assets is screwed.\n\nSave what you can, while you can.",
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