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Jamiel De Abrew
VisualEconomik EN
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Comments by "Jamiel De Abrew" (@JamielDeAbrew) on "Is the Middle Class Becoming Extinct?" video.
Would love to see “full employment” included. For many countries reserve banks and government, their “full employment” aim is to still have a percentage of people unemployed. The reason is to put downward pressure on inflation. And also to decrease employee turnover. What would happen if the full employment goal was a higher percentage? I think more companies would offer shares to win employees (over other companies) and reduce turnover.
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The answer can be found in the answer to these questions… What percentage of wealth was inherited? And what percentage was earned? How much does non-earned conditions lead to success? Some children * go to better schools * Sleep on nice beds * Study with faster internet and faster computers * study in temperature controlled spaces (think heaters and air conditioners) * access newer textbooks (with up to date information) * have a quiet place to study * etc…
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A machine with AI not only consumes hardware. It also consumes electricity and data. Some of this data may even be art.
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