They just cut 4,000 workers because of AI. 40% of workforce. Who is going to buy stuff when no one has a job?

[Ferrets are Cool]

&t=518s

Block is the culprit. The market loves it.

[Srkdqltr]

1. Auto makers found out about that 25 years ago. They never learn.

[MichMan]

11. While the industry can be cyclical, the data doesn't show much of a decline in sales over time

1999 there were 16,893,700
2025 there were 16,233,360

https://www.statista.com/statistics/199983/us-vehicle-sales-since-1951/

[Bob_in_VA]

13. Your numbers need context

US population
2000 - 281+ million
2020 - 331+ million
These are US Census numbers
I suspect that with 50+ million more people in this country, all other things being equal, the number of sales should reflect, even if imperfectly, the roughly 16% increase in the population size over that 20 year period. The fact that it doesn't, that it actually shows a very small decrease might well indicate that the poster you were responding to is closer to being correct than you are.

[msongs]

12. who is "they" nt

[usonian]

2. Block is Jack Dorsey, the guy who sold Twitter to Musk. Here are your customers.

[Tim S]

3. Unregulated Capitalism ends the same way the board game Monopoly does

In the real world, it means palaces behind armed gates for the winners and poverty for everyone else.

Bernie had it right. Billionaires should not exist. It’s just wealth-hoarding. I think it really is a mental illness.

[ChicagoTeamster]

5. And nuclear warfare and/or mass unrest are the equivalent of someone knocking the game board flying.

[Deuxcents]

4. I just read an article where Meta, Amazon, Google, Microsoft and other mega companies are going to DC

In March to sign deals allowing them to build their own power plants for their AI data centers. How many jobs will be lost when that happens? Where are they gonna go for the power grids and water supplies? Are we gonna be a society where technology is the norm and people will no longer be needed to run the country? No human ingenuity? Cameras everywhere..even in the Can?

[appmanga]

9. Are renewables going to be part of those plans?

If not, why not?

[thought crime]

6. Robots and AI's are going to send us their paychecks, right?

Right?

[Blue Full Moon]

7. That is what I always ask.

A good idea of how to handle this.

?si=V9QrZV9AOtuVUKjZ

[appmanga]

8. Maybe this kind of disruption is what it finally takes...

...for the middle-class and working-class in this country to put aside the bigotry and stupid types of self-interest and start raising some hell against the exploitative ultra-rich.

[Skittles]

10. would be nice if more people woke up

and figured out it ain't trans folk or immigrants causing your misery

[Initech]

14. 4 disgusting pieces of shit own GDP collapsing wealth.

And it isn't enough for these pieces of shit. They want it all. And they will leave us in the dust to get it. They can all go get royally fucked.