Category Archives: Economic fundamentals

Artificial Intelligence Wants You (and Your Job)

Yves here. Two things about increased automation frost me. One is its stealth or main purpose as forcing planned obsolescence. So irrespective of the impact on job/labor content, any savings won’t necessarily accrue to users. Two is automation/AI serving as an excuse to shift costs and tasks onto consumers. How many times do customer service […]

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Michael Hudson Discusses Financialization, Rentierism, and Other Favorite Topics with Jessi Ora of Swedish Positiva Pengar Group

Michael Hudson gives another wide-ranging, tour de force interview. Enjoy!

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