The Plutonomy—AI Edition—and the Coming Crisis
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
While we're posting items on the auto industry--here is this video from December that I missed. It's terrific. Hat-tip to Mike P.
[youtube=http://www.youtube.com/watch?v=FQ9i6L6fGsk&hl=en&fs=1]
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