So many companies cut their workforce as much as 10-15% citing that those jobs can be fully automated by the use of AI but I am still waiting to see any meaningful price cuts of their products from the said companies, etc.
Otherwise this will mean that they are doing this just to increase their profit margins and please their shareholders and don’t care about their customers or workforce.
Nope. Worker productivity has increased many fold over the last 50 years, meaning each person can produce many times more goods.
Wages have been stagnant and cost of living is through the roof, despite all of this increased efficiency, productivity, fewer workers and much cheaper operating costs.
We’re fucked lol
But the number, and wealth, of billionaires is way up!
“For a beautiful moment in history we created a lot of value for shareholders”
I hope UAW gets and starts the 4 day workweek trend. I doubt employers will suddenly start paying decent wages so that might be the best we get.
I hope they lead a general strike in 2028