Comment by sznio
8 hours ago
how's Bezos going to fund his wedding if there's no population of proles buying from Amazon, nor anyone putting their retirement into a fund that buys Amazon stock? does he just plan to use force rather than money at this point?
Yea, at some point, these guys won't really need the vast majority of us to buy from them. They'll be buying from and selling to other wealthy people.
That makes litteraly no sense. All the biggest companies are driven by middle-class purchases. Rich-only companies are boutique and are order-of-magnitude smaller than mass market companies.
This is actually changing. Many consumer and retail companies are already shifting their focus from the mass middle class toward high-income and affluent segments. Businesses find higher profit margins and more resilient demand in premium goods. And in enterprise, companies just pay other rich companies who pay them. (sometimes just directly).
50% of all consumer spending now is done by the top 10% and this keeps shifting up.
We've got a horribly K-shaped economy even before AGI.
Why do you think they're all so into AI and robots?
The wars of the future will not be fought on a battlefield or at sea. They will be fought in space, or possibly on top of a very tall mountain. In either case, most of the actual fighting will be done by small robots. And as you go forth today, remember always, your duty is clear: to build and maintain those robots. Thank you.
The plan is that he (along with a small number of other people) will already own everything. The only reason he currently wants proles to buy things from Amazon is that he has not yet achieved what he considers sufficient ownership of the world.
They need to? The have all the money right now already.
That is in the past.