What will happen to large companies once poor people have no more money to use?

Comments

• scoobford@lemmy.zip ⁨1⁩ ⁨year⁩ ago

  This happens to varying levels during most economic crises. Basically it results in contraction of the economy as companies cut expenses, I.e. wages. Usually there is some consolidation so that fewer, stronger firms can survive the downturn.

  Then things get better.

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• LemmyQuest@lemm.ee ⁨1⁩ ⁨year⁩ ago

  They will target wealthy people.

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• nandeEbisu@lemmy.world ⁨1⁩ ⁨year⁩ ago

  They might be able to produce things with automation and AI and only sustain a small lower class to maintain those machines.

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• Ultragigagigantic@lemmy.world ⁨1⁩ ⁨year⁩ ago

  The working class are a necessity until full automation is possible, at which point we will be genocided with kill bots. (except for the hottest of us all who will remain sex slaves.)

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• Quexotic@infosec.pub ⁨1⁩ ⁨year⁩ ago

  Maybe it drives unity?

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• HeyThisIsntTheYMCA@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Once the poor people have no money for bread they will feast on richflesh.

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• Agent641@lemmy.world ⁨1⁩ ⁨year⁩ ago

  They might go on fire a bit.

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