If you think """AI""" is going to save the American economy from imploding, you might be a little confused.
>>61573318I voted for this
>>61573318I don't know nor have I met anyone that thought this
>>61573502I have, a friend of mine constantly talks about how post scarcity is around the corner
>>61573507Wild, what do you even say?
>>61573512I told him it's a delusional religious belief
>>61573318Based. I voted for this. Zoomfags should quickly understand that there isn't infinite office jobs for their lazy asses
>>61573318Wouldn't an increase in living costs just cause Americans to work harder?
>>61573318Obviously. Take a look at picrel. Do you now know how poor 99% of people are?
>>61573620forgot image. lmao
>>61573623A house isn't an investment, it's a place to live.
>>61573318seriously, why doesn't this moron remove his tariffs? lmao, surely even he understands that this is entirely his fault?
america hasn't had a middle class in decades you're either working a humiliating job or are part of the 10%
>>61573631What does that have to do with my post
>>61573623Retvrn to tradition and old rvle
>>61573623>retirement accountsso the vast majority of that 2.3% is actually just old fucks close to retirement.
>>61574080Yes.
>>61573623>>61574080Not only that, the overwhelming majority of those retirement accounts are trad IRAs, or the retirement plan equivalent. Every dollar in there is pre-tax, so if you have a $1.5MM IRA (which is just about the average that i see for retiring engineers), you'd get less than a million trying to get to it, unless you did it over the course of a decade. I wonder how the number would change if you were to discount IRAs by 25%.
>>61573507>>61573512literally every redditor has been trained to say this with no idea wtf they are talking about
>>61574105Damn bro. It is really rough out there
>>61573507>I have, a friend of mine constantly talks about how post scarcity is around the cornerWe just need to extend the logic of deporting all the immigrants to deporting all of us useless humans to mars. Thanks to AI--there's no need for 99.9% of us to exist and we're just wasting resource that should go to our betters. It'll be an amazing post-scarcity world for the .1%.
change you culture you fucking mutts, how many signs do you need that the era of the american dream where you get credit cards at 18 and buy one person houses after college is over, either live together or start building more rental highrises, the suburbs are an extremely ugly and unsustainable concept, even for a land as empty as america
>>61573318Fake news, but they'll use it as an excuse to print infinity money next year.
>>61574378NEVER
>>61574366Humans will still be needed for things like garbage sorting and recycling. The obvious answer is to sterilize all poorfags and keep them in compact, cube shaped concrete megacities and let the Earth heal. The top .1% will just roam around virgin beaches and full blown nature in fusion powered flying cars because the AI finds it interesting to keep a few monkeys around
Let me know when AI can clean the bathroom.
>>61574406There is no bathrooms where we're headed
>>61573318>By Melissa Lawford US economics correspondent at The Telegraph
>>61573507Well we’re already there food-wise.
>>61574431kek total foid deff
>>61574406How many maids do you think Elon needs?
>>61573318Literally nothing happened. CPI PCE inflation is stable or down. Gasoline and eggs down. Net new jobs to natives, not foreigners. Rent decreasing. Everything trending in right direction. People complaining are blue staters with high insurance or electricity due to mismanagement. Or retarded zoomers with $200k in unpaused student loans. A lot of foreign propaganda aimed at Americans lately, just too obvious lol.
>>61574541The sky is falling sir.
>>61574541The entire world wants the US to fail. It's just that.
>>61574541Hey dipshit nigger, what’s the CPI imputation percentage?
>>61573318Did anyone actually think AI is anything other than a scheme to eliminate American jobs?China and India keep winningAmericans keep losingThe 21st century is going to be the American Century of Humiliation.
>>61574541Good luck in the midterms, MIGA dipshit.
>>61574691>eliminate jobsAI won't do shit. It is the next super hyped bullshit to fleece wealth. Before AI it was the green movement, renewable, lithium, electric everything. AI hype will be replaced with something new.
>>61574691>Did anyone actually think AI is anything other than a scheme to eliminate American jobs?it's not even capable of eliminating american jobsthe US implementation of AI in its current form is pants-on-head retarded because they just spam LLMsunironically our currency is failing, what they're doing is dumping as much money as possible into the datacenters understanding that the US financial system will implode. The gambit is that even if the companies fail, it's not like anyone's going to demo the datacenters themselves, so they allow OpenAI to fall on their sword while BlackRock and Vanguard acquire the real estate and hardware. It's peak American scam, i have to respect it despite hating itit's functionally the same as building a ridiculously ugly house for $15M knowing that it won't sell, then buying it for $750k at auction from the bank when the shell corp you made to build it goes bankrupt, but on a national scale
>>61573689The middle class is the top 10% (1 million USD net worth) while the upper middle class is the top 2% (1 million USD without home equity).
>>61573623This all is good news. It means if you already own a house, better a condo, you can do better than 98% of population by grinding a few years.
>>61574378>t. Chang
>>61573318Basic economics. Every dollar is debt. In order for Elongated Tusk to be worth 700 billion the rest have to be burdened into debt.>>61573507Because of the very nature of fiat this Will never happen.
>>61573689American discourse on the internet about their financial situation is so fucking schizophrenic it's almost comical. On one hand, you all make 100k a year bare minimum, no matter what job you work. Half of you make 200k a year as software engineers or any other higher skilled jobs. Yet at the same time you want to convince people that you have it bad and that an american middle class doesn't exist anymore? Yes, prices have gone up all around the world, but you can't tell me that an american garbage man making 120k a year has less purchasing power than a european garbage man making 40k a year. Just fucking stop spending so much money, take half of your enormous paychecks each month and put it into a generic boomer index fund and you'll all be multi millionaires by the time you're in retirement age. Americans have no idea how good they have it and as a europoor I'm fucking sick and tired of american doomposting. You are the most privileged, richest people, with the highest salaries and some of the lowest income tax and general tax burden in the entire western world.
>>61575158Holy shit, this looks so kino at night and at day like a shithole. Literally the ugly whore post coitus.
>>61573318The reality is that this has been a long time coming and none of the political class wants to stop it because they're the ones who have enabled it at every step.
>>61573507AI isn't about post-scarcity, it's about authoritarian control of humanity.Shit like digital ID is already used in many places across the planet like China and Saudi Arabia, the reason things are so shitty in the West is because they want to make people demand it as a solution to their problems.
>>61573318Nothing can save the Capital. Especially not AI. AI could be used post Capitalism for production allocation though.