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I'm not so convinced that we are entering a recession. I think we will more likely enter a dystopian phase to squeeze out more money from the workforce.
by Bombthecat 8y ago
I'm not so convinced that we are entering a recession.
I think we will more likely enter a dystopian phase to squeeze out more money from the workforce.
- claydavisss 8y agoI agree that for the dominant tech titans, reducing costs is the next phase. Amazon has saturated the US market for Prime accounts...Apple has found a near-term ceiling for phone prices...etc etc The most obvious tool for juicing margins in the next two years is in reducing costs (headcount or salaries)
- hedvig 8y agoWhy can't the overlords just accept current profit margins?
- deleted 8y ago[deleted]
- WJW 8y agoIt's an unstable condition in a game theoretic sense, because if you don't push for a higher margin when you have the chance, your competition might and then you go out of business altogether because they can outspend and outinvest you. So you always have the incentive to optimize margin as high as you can.