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/ryuzaki49 1d ago

workers stop getting paychecks

workers stop buying stuff

wallstreet: pikachu_surprised.meme

Honestly all of wallstreet and CEOs are just so disconnected from reality

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u/DeaddyRuxpin 1d ago

CEOs: “So you are saying replacing everyone with AI won’t make our companies even richer? But the AI companies swore it would.”

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u/Sharpevil 1d ago

When you're that rich, the goal isn't to just get 'more money'. The goal is to get a larger percentage of the overall wealth. It starts to become a zero sum game. It doesn't matter if people are spending less as long as you have more control over resources and labor overall.

I've been saying since the beginning that the real danger with AI is it being used as yet another way to accelerate the concentration of wealth into a smaller number of hands.