@itsolelehmann If you don’t think prices will be inflated even after the mass introductions of business AI then you’re actually retarded. Those investors will need to make back all the money for their data centres
Jeff Bezos just bet $12 billion that you'll be able to support your whole family on a single paycheck again.
his reasoning: AI will let companies make more stuff with fewer people and less money.
and when something gets cheaper and easier to produce, and lots of companies can do it, they compete and the price drops.
it's why a flatscreen TV that cost $2,000 a decade ago is $300 today.
bezos thinks AI will do that to almost everything you buy.
in his words, it raises "the basket of goods people can afford."
your paycheck buys more without anyone handing you a raise.
the problem: look at which prices have actually dropped.
so far, AI has only made *digital* things cheap, like code and content.
but the stuff that really eats your paycheck is *physical*.
rent, cars, medicine. cheaper code doesn't lower your rent.
that's exactly what bezos just spent $12B on.
Prometheus, his new company, is building AI tools that help engineers design and manufacture physical products faster
things like cars, machines, and medicine.
the goal is to make building physical things as fast and cheap as writing software.
if it works, 1 income starts covering what used to take 2.
which is when his prediction kicks in:
"perhaps one of those earners will choose not to be in the job market, so they'll become a one-earner household." or "some people who are working overtime will stop working overtime, because they don't want to."
one paycheck covering a whole family again, like the 1950s.
A TRILLIONAIRE AND BILLIONAIRES ARE SCREWING THE WORLD SENSELESS….
The laws are written by the rich, for the rich.
Billionaires have mastered a system that allows them to legally avoid paying income taxes while ordinary people carry the burden.
@Reinaximen34349@X_Grace_G “Trusting” and “understanding” are too different things. If I was with a spouse that has made millions out of themselves I would want them to feel comfortable with their hard earned income.
@X_Grace_G These comments prove why there’s a male loneliness epidemic & why Dave is married 43 years & counting. If you don’t trust your spouse… don’t marry them. I can’t imagine MARRYING someone and actively deceiving them. If she’s bad with money, you tell her she gets a budget. Simple.
If you've been hiding anything from your spouse for five years (Especially Millions of Dollars) You have not been Wise. You've been deceptive. And that's not going to end well.
I’m 19 years old with over $10,000 invested in my Roth IRA
All I’ve done is make weekly contributions into it consistently and watch it grow
It is one of the most essential and easiest ways to build future wealth
What’s stopping you?
@MarkRil62623044@FIREDUpWealth I thought vanguard was making them follow the same parameters as every other ipo? Thought it was only going to be on the nasdaq in 15 days.
I invested in crypto, it crashed.
Moved to stocks, they crashed.
Bought gold for safety, it crashed.
So how exactly are we supposed to make money the rest of the year?
SpaceX refused to take $967,815 of my money today.
I tried to buy $1,000,000 of $SPCX at IPO. The largest offering in human history was so oversubscribed they could only fill 831 of my 8,000 shares.
It's officially harder to give Elon Musk money than to earn it.
I'll take my 831 shares to the grave. I own a piece of the company taking humanity to Mars.
Congrats @elonmusk and everyone at @SpaceX.
This is CRAZY.
In all my 28 years of being a professional trader I have NEVER seen a more perfect launch than $SPCX.
Most people think this thing will pull back but DO NOT listen to them.
They are complete MORONS and they don't understand the value in having a monopoly of space.
There's no way anyone can price SpaceX properly.
Elon might be the first trillionaire SpaceX created but he will not be the last.
DO NOT FADE THIS COMPANY.
Hey fucking piece of shit @RobinhoodApp I’ve been a fucking customer of yours SINCE YOU STARTED and i put an order for 200k shares of $SPCX and you gave me fucking one? A loyal customer? How fucking dare you and your hiracry of needs fuck you and the patriarchy
You getting $SPCX fomo in your chest or it’s just me?
The market just been sending stocks 1000% this year.
What if today the lowest we see.
I’m trying to wait before buying but ionooooooo
@ModestyQueen19 Murder can definitely be a mistake, but it doesn’t mean you don’t have to have consequences for your actions, there are many young white men also incarcerated for murder, your race isn’t special in that category.
Karmelo Anthony being found guilty is an exact representation of black boys never being afforded the luxury to make a mistake, as it clearly is in today’s society. They are not afforded the same empathy that many Caucasian males are, nor the
@TheBiggest28787@obsrvate An African black man was the richest man alive? What did he do to fix his shithole country though? Greedy people can certainly be rich
Newly released body cam footage shows rapper Polo G arguing with the police and calling them BROKE after they arrested him for having over $280k in his house 😳👀
"You broke ash do you have $10k in your bank account?"
"If you d*e tomorrow you can't leave your kids anything"
Newly released body cam footage shows rapper Polo G ARGUING with the WHOLE police station and calling all of them BROKE after they arrested him for having over $280k cash in his house 😳👀
"I'll go band for band with all of yall"
"Y'all broke asf I'm getting arrested for money"