Delta CEO Ed Bastian says artificial intelligence could increase profits 50%. The airline’s plans point toward fewer office jobs, automated decisions and different fares for individual passengers.
Interesting. There are a whole group of people against this type of “economy”. I want “cost accounting” to rule the economic landscape. We might be very surprised to learn what things cost versus what they sell for. It should def not be “Whatever the rube will pay”.
This is a result of having so much economic inequality. Having a few people who are so much more rich than everyone else fucks up the price ceilings for everyone.
The problem is that the theory of supply and demand requires the assumption that buyers and sellers are rational actors, and if there’s one thing the last 25 years has taught the corpocrats, it’s that humans are not rational, and are easily manipulated.
The other thing they learned is that, if you don’t want to face regulation, you just need to buy the government. They already knew this, but now the process is perfected.
Doordash alone has proven that people will buy anything at any price. Someone with severe depression takes it as a mental health tax, someone with a bunch of money takes it as a convenience fee, and doordash laughs all the way to the bank
Interesting. There are a whole group of people against this type of “economy”. I want “cost accounting” to rule the economic landscape. We might be very surprised to learn what things cost versus what they sell for. It should def not be “Whatever the rube will pay”.
This is a result of having so much economic inequality. Having a few people who are so much more rich than everyone else fucks up the price ceilings for everyone.
The problem is that the theory of supply and demand requires the assumption that buyers and sellers are rational actors, and if there’s one thing the last 25 years has taught the corpocrats, it’s that humans are not rational, and are easily manipulated.
The other thing they learned is that, if you don’t want to face regulation, you just need to buy the government. They already knew this, but now the process is perfected.
Doordash alone has proven that people will buy anything at any price. Someone with severe depression takes it as a mental health tax, someone with a bunch of money takes it as a convenience fee, and doordash laughs all the way to the bank