Dead Comment
Dead Comment
If someone is spending more on food, clothing, electronics as their income rise those things are clearly discretionary.
The bigger problem is American’s terrible spending habits not lack of real income.
https://www.google.com/amp/s/www.marketwatch.com/amp/story/g...
Take a very simple example, the BMV. We've had good internet now for a couple decades and you still can't do basic transactions without going to the BMV in the middle of the day.
Almost all other government agencies have been entirely immune to technological change as well. They are, jobs programs.
Or, put another way, the problem space reality presents is unimaginably large. So large that it took 4 billion years to achieve human level intelligence. That said humans have been working on the AI problem a pretty short period of time and we have made some pretty good strides at reproducing intelligence.
Is this true? It kind of blows my mind if it is.