I've heard this one before.
There is no business in the world, except those already financially unhealthy, that would choose no-growth + reduced cost over growth + same cost.
It just goes against every business ethos except Arizona Iced Tea.
There is no business in the world, except those already financially unhealthy, that would choose no-growth + reduced cost over growth + same cost.
It just goes against every business ethos except Arizona Iced Tea.
It feels as though we've reached a compromise some time back where people are roughly ok with trading 40 hours of their productivity per week for enough units to live a pretty comfortable life on (comfortable is relative, and we're relatively much more comfortable than 99% of humans who ever lived).
If that were the case, why are so many companies bent on eliminating some employees and equipping the rest with AI to make up the difference? Wouldn't it be in their best interest to retain ALL those employees and equip them all with AI?
The AI wave is masking a lot of poor economic outlook at the moment