These people are stuck with this mentality of “labor is one of the biggest expenses a company has so we need to eliminate it” like ok… and that labor goes and buys a product, if not yours because it’s “luxury” then someone else’s. The owner of that company spends their money on your luxury products, but they only have money because labor bought from them and now you only have money because of that labor…
Experts understood this decades ago, and helped to build a system based around everyone having at least some money to spend. The unemployed kept the economy grinding, too. Seems to be forgotten lore now.
CEOs only think in 5, maybe ten year plans, after that they sell out and sip drinks on their yachts. They don’t care about what will happen after they nail their bundle.
They also hate that the plebeians can do things they can’t, and they want the ability to do those things themselves, immediately, but without having to put in anything as low-brow as effort or practice.
Up until now, they had to settle for paying lots of money to get those things and keep them for themselves—witness the art gallery scene—but this poses them two problems: they didn’t actually make it, and worse, they had to part with their precious money to get it.
Now they think AI will let them make anything they want, do anything they want, and never have to pay artists or workers, so they can keep even more of their precious money.
And then the good old “why is nobody buying our product?”
I seriously don’t understand the end game here…
These people are stuck with this mentality of “labor is one of the biggest expenses a company has so we need to eliminate it” like ok… and that labor goes and buys a product, if not yours because it’s “luxury” then someone else’s. The owner of that company spends their money on your luxury products, but they only have money because labor bought from them and now you only have money because of that labor…
No labor, no money for anyone… It makes no sense.
Experts understood this decades ago, and helped to build a system based around everyone having at least some money to spend. The unemployed kept the economy grinding, too. Seems to be forgotten lore now.
CEOs only think in 5, maybe ten year plans, after that they sell out and sip drinks on their yachts. They don’t care about what will happen after they nail their bundle.
Bold of you to assume they think 5 years out. I’d be surprised if most of them thought even 5 quarters out.
They never count their own labour as a cost.
Maybe it’s time we start counting bosses as a labour cost, and employees as a labour gain.
Simple. It’s not only about how much they have, it’s about how much we don’t have.
They also hate that the plebeians can do things they can’t, and they want the ability to do those things themselves, immediately, but without having to put in anything as low-brow as effort or practice.
Up until now, they had to settle for paying lots of money to get those things and keep them for themselves—witness the art gallery scene—but this poses them two problems: they didn’t actually make it, and worse, they had to part with their precious money to get it.
Now they think AI will let them make anything they want, do anything they want, and never have to pay artists or workers, so they can keep even more of their precious money.
And then “why is no one returning to office”?
And then “why are people shooting
usCEOs in the streets in broad daylight?”Edit for clarification