this post was submitted on 04 Aug 2026
720 points (98.8% liked)
Funny
15801 readers
591 users here now
General rules:
- Be kind.
- All posts must make an attempt to be funny.
- Obey the general sh.itjust.works instance rules.
- No politics or political figures. There are plenty of other politics communities to choose from.
- Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.
Exceptions may be made at the discretion of the mods.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Most of the shit going on right now can be explained by fatcats in the West, having run out of Economic growth to capture as the West's growth rate pretty much collapsed (quite possible due to the very actions those fatcats during the Neoliberal era, were amongst other things Social Mobility collapsed), have increasingly started pillaging the wealth and productive capacity of the rest of society, or in other words, exploiting everybody else.
It's a vicious cycle were the tightening of the screws on everybody else leads to lower productivity and higher discontent which in turn leads to further tightening of the screws on everybody else in order for the elites to keep on getting wealthier at the same rate.
AI was supposed to be a way for the fatcats to be able to extract even more wealth from the rest whist having less exposure to all those pesky natural human and societal responses to that.
Its a problem, don't get me wrong, but the real fuck up was they decided they decided they needed gains on the wealth increase rate also. It wasn't enough to just "make money", they HAVE to constantly make MORE making money every turn.
Making 10% profits (or whateber) ever quarter was no longer good enough, they needed to increase profits every quarter too, 10%, 11%, 13%, the line going up, must also go up at a going up rate.
They just accelerated it and fucked everyone.