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There are two ways to increase GDP. 1. Increase production and sell goods to the masses at low prices. Leads to a higher quality of life for the society. 2. D
by nine_zeros 4y ago
There are two ways to increase GDP.
1. Increase production and sell goods to the masses at low prices. Leads to a higher quality of life for the society.
2. Decrease production and sell goods only the wealthy at high prices. Leads to class warfare.
- parineum 4y ago> 2. Decrease production and sell goods only the wealthy at high prices. Leads to class warfare. There aren't enough rich people to sustain this. It'll work until another company comes in and out-prices them.
- hotpotamus 4y agoI assume it ends with the entire economy working to support the one capitalist who wins the game. Sort of like Highlander.
- toomuchtodo 4y agoHopefully KingGPT is benevolent.
- ralusek 4y agoAs a language model, I'm not capable of benevolence
- toomuchtodo 4y agoFinally, the interesting times I was promised.
- hgsgm 4y agoNot when the vendors are all monopolies and workers have no discretionary money to spend.
- nine_zeros 4y ago> There aren't enough rich people to sustain this. It'll work until another company comes in and out-prices them. It will never get to that point because the wealthy have learned to spend on lobbying to protect their wealth. The ROI of spending $15 million on lobbying > the ROI of spending $15 million on innovation/efficiency/new products.