echodot comments on Bernie Sanders says if AI is coming for workers, it should bring a four-day workweek with it

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[–] echodot@feddit.uk 1 point 4 weeks ago (5 children)

That would be a profound lack of imagination on companies. Raising prices to cover costs make sense since all businesses will be affected in the same way equally, but to just do it because everyone has more money doesn't, your competitor might just undercut you by keeping their prices the same, and then get all the profit.

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[–] OrganicMustard@lemmy.world 7 points 4 weeks ago (1 child)

Lol.

Have you seen how the real economy works? It works by creating monopolies, fixing prices, lobbying for public contracts and subsidies and moving everything into private equity.

Do you think landowners won't leech every cent they can get away with?

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[–] jumping_redditor@sh.itjust.works -1 points 3 weeks ago

landlords are to centralized, and too regulated to provide affordable services

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