@NoLimitGains So what happens to the earning power of tradesmen when the market is flooded with newly trained plumbers and electricians when white collar work disappears?
Even if AI can’t do your job, you will still be impacted by it. Wages will compress and the consumer base vanishes.
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@morespaniels@KateAndrs I fail to see how raising interest rates is going to curb inflation. The inflated prices of food and goods are linked to the price of fuel.
UK billionaire wealth: up £55 billion
FTSE 100 CEO salaries: up 39%
City banker bonuses: up 28%
And they talk about “pay restraint” for the rest of us.
#EnoughIsEnough