return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agoJeff Bezos's Prometheus raises $12B to build an 'artificial general engineer' for the physical worldtechcrunch.comexternal-linkmessage-square52fedilinkarrow-up1164arrow-down14
arrow-up1160arrow-down1external-linkJeff Bezos's Prometheus raises $12B to build an 'artificial general engineer' for the physical worldtechcrunch.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days agomessage-square52fedilink
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up2·1 day agoThe theory here is that if everyone is twice as productive, everything costs half as much in relation to what people earn. Of course that doesn’t work unless there’s heavy competition in the market for everything.
minus-squarerealitista@lemmus.orglinkfedilinkEnglisharrow-up2·1 day agoYes that doesn’t happen when monopolies dominate the economy as they do in the USA. Then the monopolies just take higher margins.
The theory here is that if everyone is twice as productive, everything costs half as much in relation to what people earn.
Of course that doesn’t work unless there’s heavy competition in the market for everything.
Yes that doesn’t happen when monopolies dominate the economy as they do in the USA. Then the monopolies just take higher margins.