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Ferrets are Cool

(22,705 posts) Thu Feb 26, 2026, 10:14 PM 1 hr ago

They just cut 4,000 workers because of AI. 40% of workforce. Who is going to buy stuff when no one has a job?

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Block is the culprit. The market loves it.

12 replies

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They just cut 4,000 workers because of AI. 40% of workforce. Who is going to buy stuff when no one has a job? (Original Post) Ferrets are Cool 1 hr ago OP

Auto makers found out about that 25 years ago. They never learn. Srkdqltr 1 hr ago #1

While the industry can be cyclical, the data doesn't show much of a decline in sales over time MichMan 13 min ago #11

who is "they" nt msongs 5 min ago #12

Block is Jack Dorsey, the guy who sold Twitter to Musk. Here are your customers. usonian 1 hr ago #2

Unregulated Capitalism ends the same way the board game Monopoly does Tim S 1 hr ago #3

And nuclear warfare and/or mass unrest are the equivalent of someone knocking the game board flying. ChicagoTeamster 1 hr ago #5

I just read an article where Meta, Amazon, Google, Microsoft and other mega companies are going to DC Deuxcents 1 hr ago #4

Are renewables going to be part of those plans? appmanga 41 min ago #9

Robots and AI's are going to send us their paychecks, right? thought crime 1 hr ago #6

That is what I always ask. Blue Full Moon 1 hr ago #7

Maybe this kind of disruption is what it finally takes... appmanga 42 min ago #8

would be nice if more people woke up Skittles 33 min ago #10

Srkdqltr

(9,638 posts)

1. Auto makers found out about that 25 years ago. They never learn.

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 10:22 PM

1 hr ago

MichMan

(16,986 posts)

11. While the industry can be cyclical, the data doesn't show much of a decline in sales over time

Reply to Srkdqltr (Reply #1)

Thu Feb 26, 2026, 11:51 PM

13 min ago

1999 there were 16,893,700
2025 there were 16,233,360

https://www.statista.com/statistics/199983/us-vehicle-sales-since-1951/

msongs

(73,418 posts)

12. who is "they" nt

Reply to Srkdqltr (Reply #1)

Fri Feb 27, 2026, 12:00 AM

5 min ago

usonian

(24,472 posts)

2. Block is Jack Dorsey, the guy who sold Twitter to Musk. Here are your customers.

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 10:38 PM

1 hr ago

Tim S

(144 posts)

3. Unregulated Capitalism ends the same way the board game Monopoly does

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 10:41 PM

1 hr ago

In the real world, it means palaces behind armed gates for the winners and poverty for everyone else.

Bernie had it right. Billionaires should not exist. It’s just wealth-hoarding. I think it really is a mental illness.

ChicagoTeamster

(721 posts)

5. And nuclear warfare and/or mass unrest are the equivalent of someone knocking the game board flying.

Reply to Tim S (Reply #3)

Thu Feb 26, 2026, 10:45 PM

1 hr ago

Deuxcents

(26,354 posts)

4. I just read an article where Meta, Amazon, Google, Microsoft and other mega companies are going to DC

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 10:42 PM

1 hr ago

In March to sign deals allowing them to build their own power plants for their AI data centers. How many jobs will be lost when that happens? Where are they gonna go for the power grids and water supplies? Are we gonna be a society where technology is the norm and people will no longer be needed to run the country? No human ingenuity? Cameras everywhere..even in the Can?

appmanga

(1,450 posts)

9. Are renewables going to be part of those plans?

Reply to Deuxcents (Reply #4)

Thu Feb 26, 2026, 11:24 PM

41 min ago

If not, why not?

thought crime

(1,432 posts)

6. Robots and AI's are going to send us their paychecks, right?

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 10:56 PM

1 hr ago

Right?

Blue Full Moon

(3,358 posts)

7. That is what I always ask.

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 11:03 PM

1 hr ago

A good idea of how to handle this.

?si=V9QrZV9AOtuVUKjZ

appmanga

(1,450 posts)

8. Maybe this kind of disruption is what it finally takes...

Reply to Ferrets are Cool (Original post)

Thu Feb 26, 2026, 11:22 PM

42 min ago

...for the middle-class and working-class in this country to put aside the bigotry and stupid types of self-interest and start raising some hell against the exploitative ultra-rich.

Skittles

(170,632 posts)

10. would be nice if more people woke up

Reply to appmanga (Reply #8)

Thu Feb 26, 2026, 11:32 PM

33 min ago

and figured out it ain't trans folk or immigrants causing your misery

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