Normies have completely forgotten what actual poverty looks like. Volga Boatmen is an old Russian folk song that was sang by very poor Burlaks that pulled ships up the Volga river. They literally put giant leather straps around themselves and pulled entire ships upstream. These people were so incredibly poor it was cheaper for captains to pay a bunch of them to do the work of what a fraction of horses/mules could do.
Imagine being paid less than a Donkey for your entire life.
AI is actually just being used to mask mass layoffs from a shit economy whilst gaslighting everyone into thinking that everything is fine and dandy and the corporation is doing awesome. Mass layoffs without the panic.
"AI took the jobs, hurrdurr"
No, you contracted your labor force due to reduced demand and economic cycles. These people would have been laid off anyway, the AI is just an excuse to prevent panic selling the stocks and prevent a market crash.
It is an unfortunate but real situation: Chinese technology is basically superior to American technology. Laser welders are esclusively made in China, we can't effectively make them. Metal glass injection molding is exclusive Chinese. Amorpheous iron, too. As is rare earth element refining. These are the long term consequences of outsourcing all manufacturing and industry to China, having come home to roost. Trump cant fix the reality of this situation.
@Tfmonkey Note that despite the redistribution rate of wealth via taxation has increased by approximately 300 percent since 1962, people are poorer and still want more welfare. This effectively proves that more welfare equals more poverty. Darwinism needs to be allowed to run its course. Eventually it will be.
https://davidsplinter.com/AutenSplinter-Tax_Data_and_Inequality.pdf
As a reminder, America won WW2 because of its massive industrial base, thats since been gutted. This is why China will win WW3. Because we outsourced everything to save a buck and maximize quarterly profits.
https://www.youtube.com/watch?v=8sAIGCir2mY&ab_channel=WarStories
Machinist and entrepreneur.