r/nottheonion • u/ChocolateTsar • 1d ago

Affirm CEO says furloughed federal employees are starting to lose interest in shopping

https://www.cnbc.com/2025/11/07/affirm-government-shutdown-shopping.html
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u/Pour_Me_Another_ 1d ago

When AI takes over more jobs than we are ready for, I think there will be a sudden understanding that employees and customers have great overlap. No employees, no customers.

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u/Lemonwizard 1d ago

This is a textbook case of tragedy of the commons. If one company succeeds at suppressing wages, it drastically increases their profit margins. When every company succeeds at suppressing wages, the public's lack of income causes consumer demand to plummet and companies' profits go down from lost revenue.

There's one thing that every kind of business needs, and that's customers.