Chinese courts ruled AI adoption can't justify firing workers, forcing tech companies to budget for expensive transitions that could increase global gadget prices.
I think a statistic I saw recently was that nearly 50% of American consumer spending is attributed to the top 10% of consumers.
Which would largely indicate that it doesn’t matter because those who have the money will continue to spend it and those that don’t will continue to get poorer.
This is what’s happening to Vegas, the number of visitors is dropping but the casino profit is increasing. The city no longer caters to the middle class but to millionaires.
Do Vegas casinos own a sizeable stake in online gaming? If so, it would be interesting to see what part of those increasing profits are due to us poors spending on online gaming increasing while we never set foot in Vegas.
I think a statistic I saw recently was that nearly 50% of American consumer spending is attributed to the top 10% of consumers.
Which would largely indicate that it doesn’t matter because those who have the money will continue to spend it and those that don’t will continue to get poorer.
This is what’s happening to Vegas, the number of visitors is dropping but the casino profit is increasing. The city no longer caters to the middle class but to millionaires.
Do Vegas casinos own a sizeable stake in online gaming? If so, it would be interesting to see what part of those increasing profits are due to us poors spending on online gaming increasing while we never set foot in Vegas.