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To: Red Badger
“It is a poorly kept secret in Silicon Valley that companies ranging from Google to Meta to Twitter to Uber could achieve similar levels of revenue with far fewer people,” the investor wrote.

Not just Silicon Valley. Look for massive headcount reductions across all industries, as the recent wage spike has now made new automated solutions look far more affordable.

Democrats and their Socialist solutions to be the biggest beneficiaries...

30 posted on 11/23/2022 11:11:34 AM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

Democrats and their Socialist solutions to be the biggest drivers of this trend.

Corporations exist to make money for investors/owners.

Automation is driven by the cost of labor.

Lessen the cost of labor and maximize profits.

As was once written many, many years ago:

The factory of the future will have only two employees, a man and a dog. The man will be there to feed the dog. The dog will be there to keep the man from touching the equipment. - Warren Bennis...


32 posted on 11/23/2022 11:15:51 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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