cross-posted from: https://lemmy.ca/post/60664254

For the back half of the 20th century (what Fortune founder Henry Luce called “The American Century”), MBA and law degree programs were a ticket to a great office job and a path to the American Dream. The 21st century is asking the question: What happens when all those office jobs get automated?..

  • deliriousdreams@fedia.io
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    2 months ago

    I am so curious about what happens when companies can’t buy computers because RAM, Storage, and chip sets are so expensive, and therefore can’t continue to buffer this bubble. Your tech is literally starving the people that you need to use it of their ability to do so but cutting off the supply to tech used to access it.

    The prices of all computing are rising, wages continue to be stagnant, and every company making hardware is giving all the hardware to AI firms, assuming people will just use what they have. But there’s no new supply when what they have becomes obsolete or breaks. This is a shitshow. This is like babies first capitalism for these fools. It’s not even remotely sustainable.

    And you want to put the people most likely to be forced to use the tech you’re schilling to be out of work? Make it make sense.

      • deliriousdreams@fedia.io
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        2 months ago

        There are only so many industries that will be allowed to make use of that. Additionally, that computing power for cloud PC’s will also be hit by the shortage of chips.