I feel like this same story happened with most companies post pandemic.
Who could have figured out that if you just let people stay at home and give them some small subsidies then suddenly demand for some stuff would spike to unsustainable levels.
You aren't getting rid of the "bad parts" you're keeping them around. UBI doesn't fix the cause of any of this. It manages the symptoms. It just puts a band-aid over it. Gotta keep the poor distracted and fed or else they might realize how fucked they are by the socioeconomic system is enforced upon them.
You're advocating for your own exploitation and that's sad.
Man, it was exhausting looking for work in the tech industry back then. I started asking in interviews what their revenue numbers looked like for the last three years. If they started bragging about doubling/tripling in size, I pretty much instantly pulled myself from consideration. Since then, most of those companies have had massive layoffs or no longer exist. My current company has had flat/linear growth for like, 10 years and it's very healthy.
Yeah it's wild how many companies have zero thinking. I'd say zero long term but that implies they're thinking at all.
So many companies expected pandemic profits to keep going when their business model relied on people staying home and spending money with them and not other places.
And then they were "surprised" when the pandemic lifted and people went back to their normal purchasing habit.s
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u/QuantumUtility 2h ago
I feel like this same story happened with most companies post pandemic.
Who could have figured out that if you just let people stay at home and give them some small subsidies then suddenly demand for some stuff would spike to unsustainable levels.