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Trump Mobile launches $47 service and a gold phone

Technology
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    S
    I suspect people (not billionaires) are realising that they can get by with less. And that the planet needs that too. And that working 40+ hours a week isn’t giving people what they really want either. Tbh, I don't think that's the case. If you look at any of the relevant metrics (CO², energy consumption, plastic waste, ...) they only know one direction globally and that's up. I think the actual issues are Russian invasion of Ukraine and associated sanctions on one of the main energy providers of Europe Trump's "trade wars" which make global supply lines unreliable and costs incalculable (global supply chains love nothing more than uncertainty) Uncertainty in regards to China/Taiwan Boomers retiring in western countries, which for the first time since pretty much ever means that the work force is shrinking instead of growing. Economical growth was mostly driven by population growth for the last half century with per-capita productivity staying very close to inflation. Disrupting changes in key industries like cars and energy. The west has been sleeping on may of these developments (e.g. electric cars, batteries, solar) and now China is curbstomping the rest of the world in regards to market share. High key interest rates (which are applied to reduce high inflation due to some of the reason above) reduce demand on financial investments into companies. The low interest rates of the 2010s and also before lead to more investments into companies. With interest going back up, investments dry up. All these changes mean that companies, countries and people in the west have much less free cash available. There’s also the value of money has never been lower either. That's been the case since every. Inflation has always been a thing and with that the value of money is monotonically decreasing. But that doesn't really matter for the whole argument, since the absolute value of money doesn't matter, only the relative value. To put it differently: If you earn €100 and the thing you want to buy costs €10, that is equivalent to if you earn €1000 and the thing you want to buy costing €100. The value of money dropping is only relevant for savings, and if people are saving too much then the economy slows down and jobs are cut, thus some inflation is positive or even required. What is an actual issue is that wages are not increasing at the same rate as the cost of things, but that's not a "value of the money" issue.
  • This Is Why Tesla’s Robotaxi Launch Needed Human Babysitters

    Technology technology
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    Karel es hone
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    lupusblackfur@lemmy.worldL
    Welp, queue up some more multi-million dollar "donations" to have these cases dropped... Not like the TechBros don't have the funds. ‍️ ‍️
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    Facial recognition hates jugalos and adversarial clothing patterns
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    Weird headline. Is it the city making this recommendation, or the... Despite universal opposition by the dozens of residents present at the meeting, commissioners voted to recommend changes to the city’s zoning laws to allow data centers in areas zoned for light industrial use and to rezone a 700-acre property from agricultural to light industrial to accommodate the construction of a hyperscale data center.
  • The U.S. Immigration and Customs

    Technology technology
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    Niemand hat geantwortet
  • Was ist ChatGPT?

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  • 429 Stimmen
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    That is bullshit, the economy is created to force you into the labor market. This is just a symptom of capitalism.