These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
These bonzos want the world economy to collapse so there will be massive layoffs, allowing them to offer AI bots to companies and governments to replace human workers.
It will eliminate the weak meaning the companies in actual competitive markets, so monopolists like Amazon can buy them up and monopolize even more markets.
Yep. Trillion dollar companies are so huge that a deep recession only mildly impacts revenue.
Yeah, that’s why they do the whole greedflation thing, to make central banks raise rates, causing a slew of bankruptcies among the competition, making them ripe for a buyout.
The fact that it also destroys labour negotiating positions is a cherry on top.