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Economics @lemmy.ml

Tens of thousands of layoffs are being blamed on AI. What are companies actually getting?

  • I don't buy this. You wrote, “It's not really cheaper for those who matter (the bourgeoisie).” and then “Cheaper for government isn't the point that drives policy.” Yes, it is! Because the government is the government of the bourgeoisie. It is the ruling assembly for their capitalist economy. Ultimately, it is the working class who funds the government because it is the class which does all work. So, you could pretend that costs do not matter for the capitalists. But the working class can only pay in taxes what they got in wages. This means higher costs for government lower the profits of capitalists. (And we know that capitalists want to slash government spending wherever possible.) And that is why it is a cost to everybody in society when politicians decide to punish the poor for what is not their fault, when, for example, they maintain a homeless population at great costs while it is cheaper to house them in existing empty housing. This hurts the homeless the most, at the expense of everyone.

  • Economics @lemmy.ml

    Is it cheaper to end poverty than to maintain it? Research says yes

    Climate - truthful information about climate, related activism and politics. @slrpnk.net

    Open letter by more than 2000 Scientists: Climate Neutrality is Europe’s Greatest Economic Opportunity

    Linux @lemmy.ml

    Windows 10 refugees flock to Linux in what devs call their "biggest launch ever"

    Economics @lemmy.ml

    The AI bubble and the US economy

    Economics @lemmy.ml

    What the stock market bubble can tell us about the state of the US economy

    Technology @lemmy.world

    AI has had zero effect on jobs so far, says Yale study

    Technology @lemmy.world

    Senate report says AI will take 97M US jobs in the next 10 years, but those numbers come from ChatGPT

    Climate Crisis, Biosphere & Societal Collapse @sopuli.xyz

    Planetary Health Check 2025 | Our planet’s vital signs are flashing red

    Climate Crisis, Biosphere & Societal Collapse @sopuli.xyz

    The rich are killing the planet

    Economics @lemmy.ml

    Should We Trust (Neoliberal) Economists?