790 karma · joined July 30, 2015
Data accuracy most certainly is not in relation to GPS which often cuts distances on the Apple Watch.
Again, buying power, it would be less of an issue if wages kept up with inflation of the key products, aka housing. The largest item someone will buy is a home and that's reduced in quality.
The second most important thing for most people, is a job, and as I said, in most industries they have not matched with inflation. Therefore those today are working the same but earning a lot less for it. That is with or without a recession.
You may be able to theoretically consume more due to value decreasing of products but that's countered by the above. Likewise individual wealth, is just that, individual. Not everyone is doing better, most aren't, and we need a society where all are doing ok, rather than some doing great and some not.
(That EV costs more to begin with even with subsidies, and that disposable of the batteries are gigantic drain on resources. We still need to move to public transport.)
We as a group of techy citizens need to keep building applications like this, whatever the designation it gives us.