And when retirement and savings funds are burnt up, oh that’s just too bad for all you poor people who didn’t save for a rainy day.

Time for plumbers to rise up!

  • MajinBlayze@lemmy.world
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    2 days ago

    China isn’t spending trillions on AI. Are they saying Western companies are less efficient than Chinese companies at deploying AI?

    • KraeuterRoy@feddit.org
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      2 days ago

      Facts don’t matter. The only thing that matters is inflating the bubble that’s propping up the US economy.

      So stop asking pesky questions and pay for tokens!

  • nosuchanon@lemmy.world
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    2 days ago

    Translation for Boomers: They’re coming for your pensions! You will finance the AI surveillance dystopia for your grandchildren to live in.

  • Hotznplotzn@lemmy.sdf.org
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    1 day ago

    … Blackrock CEO Points to Pensions and Retirement Savings

    So he wants to copy China’s playbook?

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    2 days ago

    This is a perfect moment to note:

    Unlike socialism or capitalism, fascism does not stipulate a specific economic system. However, there are some qualities that are consistently found under fascist systems, chief among which are a sort of “revolving door” between government and business, such that leaders in one field exert influence or even hold positions in the other as well, the (not coincidental) broad concept that what’s good for business is automatically good for the country, and the socialization of investment, risk and loss, while keeping profits entirely private.

    Or in other words, exactly what’s happening here.

  • Gladaed@feddit.org
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    2 days ago

    Using retirement and savings on things with ROI makes sense. But the ROI of investing in infrastructure would be so much better. But over yonder is america. So you won’t get that.

        • Imperious_melange@lemmy.world
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          2 days ago

          Never literally means “at no time” so it includes the past, present, and future. Maybe if they said never again or never henceforth then that would be like from this day forward.

            • Imperious_melange@lemmy.world
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              19 hours ago

              I’m just following their words as they are written and as they are typically defined. If we want to talk about logical fallacies and structuring ones argument logically it’s usually quite difficult to defend the always, never, forever, aka universal statements. It’s much easier to argue the singular, there is a case such that X is Y. Then you only have one case to prove and not possibly infinite.