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Metaphorical

(2,393 posts)
74. Nope, that's how I read it as well
Tue Nov 26, 2024, 11:16 PM
Nov 2024

A pure free market, combined with intelligent automation, will first reach a stage where fewer and fewer people are actually employed full time by companies and instead become independent consultants, then, will reach a stage where the consultants will no longer be called upon as corporations either become fully automated tools of the wealthy or cease to exist because no one is capable of buying their unnecessary products. AI doesn't really need to be all that powerful to do it - a great deal of existing "work" is already bullshit jobs.

My worry through much of this year was that the economy would improve enough to push Biden (then Harris) over the finish line before the economy went sideways. I'm in tech, haven't had a full time job in two years, primarily because the companies I've worked with have lost their funding as investors tried to claw back investments or were shafted by THEIR clients. Too many people with just enough wealth to leverage themselves out to 15-20x their actual net worth that could afford to do so when interest rates were essentially zero, but couldn't when interest rates began climbing to handle inflation. Right now the Ponzi game in tech (especially AI) is still holding, but you can tell that it's unravelling. The ONLY comfort to this is that it's going to land on Trump's watch, and that comfort is pretty cold.

Recommendations

0 members have recommended this reply (displayed in chronological order):

It is too late JustAnotherGen Nov 2024 #1
how did they not know this...anytime any corporation costs go up they pass them on. dawn5651 Nov 2024 #88
There are people like me JustAnotherGen Nov 2024 #90
good...i don't understand these people thinking someone else was going to pay the tariff dawn5651 Nov 2024 #109
Pass it on plus additional profit...gouge when you can JT45242 Nov 2024 #104
The news media were asleep while.... Lovie777 Nov 2024 #2
Of course they were. Baitball Blogger Nov 2024 #3
"...they can control Trump..." markodochartaigh Nov 2024 #31
That sums it up. Baitball Blogger Nov 2024 #36
There is a big difference in this case, the republicans don't want to control him, they want him to have absolute power. JohnSJ Nov 2024 #81
I disagree. I think they do want to control him, and they do to a large extent LiberalLovinLug Nov 2024 #100
I was referring to trump and his handlers. They come as a package, and the JohnSJ Nov 2024 #103
Not asleep but complicit maptap22 Nov 2024 #5
They were not asleep, they were complicit. NotHardly Nov 2024 #10
They were NOT asleep. They benefit from higher prices. onecaliberal Nov 2024 #11
media doesn't exist anymore. they are just stenographers now Takket Nov 2024 #29
The media weren't asleep at all. They knew. They just didn't explain it to their viewers/readers. Texin Nov 2024 #94
They have to want to hear it Lifeafter70 Nov 2024 #101
They really are trash Dem4life1234 Nov 2024 #106
The Trumpian federal workers my husband works with just realized they are federal workers. Solly Mack Nov 2024 #4
Well, then he should just quit now. Yavin4 Nov 2024 #27
I said the same thing when I heard. Solly Mack Nov 2024 #55
Just curious what agency your husband works for? COL Mustard Nov 2024 #30
Not telling you at all. Never said they wore red hats. Don't need to wear one to know their politics. Solly Mack Nov 2024 #52
Red hats?? stollen Nov 2024 #56
I'd bet the DoD base not too far from me voted 65/35 Trump Callie1979 Nov 2024 #60
Well, to be fair, I'd expect the DOD will continue to avoid the absolutely devastating levels of cuts they want Wiz Imp Nov 2024 #67
I don't think it's possible to work for the federal government without knowing you are working for the federal govt Wiz Imp Nov 2024 #49
You'd think. However, they didn't think it applied to them. Not contractors. Directly for the federal government. Solly Mack Nov 2024 #51
see the edit to my prior post Wiz Imp Nov 2024 #54
Denial. Lots of denial. A refusal to see anything that goes against their beliefs. Solly Mack Nov 2024 #58
Exactly! Blue_Roses Nov 2024 #61
That guy is an idiot stollen Nov 2024 #57
Well, yeah. Solly Mack Nov 2024 #59
But he is smarter than the people who voted for him. OAITW r.2.0 Nov 2024 #72
This perfectly illustrates why all the hand wringing over what the Democrats did wrong in the election is just total BS Wiz Imp Nov 2024 #62
100% Cosmocat Nov 2024 #89
Being "right" is small conciliation when you're standing in line at the Food Bank LastLiberal in PalmSprings Nov 2024 #105
This was out before the election. Not new, just not believed by MAGAland Raven123 Nov 2024 #6
The FAFO file grows bigger by the minute. usonian Nov 2024 #7
Message auto-removed Name removed Nov 2024 #44
I updated the image. usonian Nov 2024 #45
OK then. You're new here... right??? Or maybe not. GP6971 Nov 2024 #50
Message auto-removed Name removed Nov 2024 #68
Back again!!! And Thanks!!! Bye again!! GP6971 Nov 2024 #69
Every economist was saying this all summer...the media ignored it. spanone Nov 2024 #8
Trump will simply blame other countries and say high prices are due to THEIR tariffs on the U.S. PeaceWave Nov 2024 #9
You are probably correct. Always someone else that caused whatever the problem/issue is. Evolve Dammit Nov 2024 #12
Ha! ReRe Nov 2024 #13
Nope, that's how I read it as well Metaphorical Nov 2024 #74
Whew! ReRe Nov 2024 #87
Meanwhile, the average person who voted for the fucking asshole couldn't tell you what a tariff is. Initech Nov 2024 #14
Just bdamomma Nov 2024 #41
There was a time when this was common knowledge, not so long ago Cosmocat Nov 2024 #91
They did report it, its just that the people who voted for trump refused to listen, but they will have a rude awakening Escurumbele Nov 2024 #15
"they will have a rude awakening" Dave Bowman Nov 2024 #23
I wonder bdamomma Nov 2024 #43
Yes, I've been wondering too. Could be interesting. Dave Bowman Nov 2024 #73
It is just Clintons fault or Obama's fault or Bidens fault, because it is NEVER their own fault for not paying attention LiberalArkie Nov 2024 #37
Why would this be supported by corporations? Iris Nov 2024 #16
Who did you think was DENVERPOPS Nov 2024 #19
Corporations are not supporting tariffs. They are supporting the fact that the tariffs will Baitball Blogger Nov 2024 #22
History shows us that when fascists gain control La Coliniere Nov 2024 #17
So the corporations can raise prices on everything Delmette2.0 Nov 2024 #18
I don't think anyone fully realizes DENVERPOPS Nov 2024 #32
I don't think they have much room to raise prices Metaphorical Nov 2024 #75
I hope you are right. Delmette2.0 Nov 2024 #76
I am wondering if Black Friday will be as good as previous years... William Gustafson Nov 2024 #85
But the rich will still be able to buy a motor yacht tax free by doing the sales deal 20 miles off shore.. Exp Nov 2024 #20
No evidence to support businesses care angrychair Nov 2024 #21
My theory: They think they can control Trump by controlling the news cycle. Baitball Blogger Nov 2024 #26
One flaw in wanting desperate poor people.... William Gustafson Nov 2024 #86
If everything wasn't a huge mess, what would they report on to keep people glued to their screens? sboatcar Nov 2024 #24
Lets sit back and see what happens to the "SMALL BUSINESSES" in this country......... turbinetree Nov 2024 #25
They're not absorbing anything. Cost are costs. paleotn Nov 2024 #35
This I understand completely.............everyone gets the proverbial shaft in this situation........ turbinetree Nov 2024 #48
Agreed. Those that can't pass it on just might. paleotn Nov 2024 #53
This! Blue_Roses Nov 2024 #66
But this one is so painfully obvious from the start... paleotn Nov 2024 #107
Economists Rebl2 Nov 2024 #28
No shit. That's how tariffs work. paleotn Nov 2024 #33
Don't worry, when prices rise Trump will blame it on the "Democrat Party" and GoYouPackersGo Nov 2024 #34
Amazing that those of us with at least half a brain knew this BEFORE the election. As did the MSM but they chose LoisB Nov 2024 #38
Who will howl the loudest? Sneederbunk Nov 2024 #39
Anyone who did not know that should have their voter license.... Hope22 Nov 2024 #40
Irmagerd !1! dweller Nov 2024 #42
I gotta say I think this was reported by the media pretty consistently Wiz Imp Nov 2024 #46
The media pushed it like advertisers push lottery sales. taxi Nov 2024 #64
Sorry but you're wrong. Just because people didn't listen doesn't mean it wasn't there. Wiz Imp Nov 2024 #70
Please tell me what is incorrect in my answer. taxi Nov 2024 #71
They covered it at a far higher level than the "fine print on a lottery ticket" Wiz Imp Nov 2024 #78
Oh, you're killing me taxi Nov 2024 #79
I couldn't be happier... PCIntern Nov 2024 #47
And WHY are the corporations speaking up? Bluetus Nov 2024 #63
Exactly what I was yelling at the tv tinymontgomery Nov 2024 #65
"trump was better in the economy I got free money Klarkashton Nov 2024 #77
So who will get the socialist payments this time to counter the effects of the tariffs? keithbvadu2 Nov 2024 #80
i think it was "the david" and his abc news that i heard reporting it orleans Nov 2024 #82
It was only a "secret" to the willingly bamboozled and willfully IGNORANT. B.See Nov 2024 #83
A tariff is ForgedCrank Nov 2024 #84
I recall... 2naSalit Nov 2024 #92
How To Coup D'tat 101... GiqueCee Nov 2024 #93
MAGATs are too fking stooooopid to get anything that complex. OMGWTF Nov 2024 #95
Ignorance is bliss, until the reckoning. republianmushroom Nov 2024 #96
Demand destruction is good for Planet Earth. roamer65 Nov 2024 #97
Elon Musk wasn't wrong. This economy is going to destabilize severely. 10158 mikelewis Nov 2024 #98
Now that, good sir, is a rant!!! wolfie001 Nov 2024 #99
Face-eating leopards, the new Ozempic market. n/t flvegan Nov 2024 #102
The execs knew like the always do. They will make out like kings even if the corporation suffers. LiberalArkie Nov 2024 #108
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