RetroFed
Number of billionaires globally soars by 13% amid AI shares boom — Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS finds
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sanitationhttps://www.theguardian.com/news/2026/jun/30/number-of-billionaires-world-ai-wealth-ubs
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Meanwhile my 80 year-old dad was driving for DoorDash to survive, borrowing my car, until he started dying in February.
My mom still does.
I don’t know how anyone in the poor and working class is still capitalist, but this fucking bullshit is why the socialists are about to tea party the Democrats in November.
“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires” - John Steinbeck
No.
It never took root because they killed them (Huey Long) and imprisoned them (Eugene Debs). The ones they couldn’t kill or imprison were intimidated into silence. (Red Scare, among others.)
Multiple things can be true at once.
Must be some variant of Stockholm syndrome
“fun” fact, Stockholm syndrome doesn’t exist. it comes from the fact that some of the hostages in a particular situation felt that the police constantly attempting to escalate were a greater threat to their safety than the people who took them hostage, and wanted them to just negotiate instead of repeatedly trying and failing to do swat-style raids of the building. this perfectly reasonable reaction couldn’t be allowed to be presented in the media, so they made up a fake psychological condition to explain it
I’ve never heard that before. Do you have source/s so we can learn more about this?
Edit. Autocorrect
I don’t have a good source myself, I heard it secondhand from someone who was citing an interview with one of the hostages, but I wouldn’t know where to find it
I think it’s more akin to indoctrination. “You, too, can be independently wealthy if you work hard enough. Just look at these very
abnormal billionaires!”At this rate of growth we’re all going to be billionaires soon!
People: WE DON’T WANT THIS AI SHIT
Billionaires:
Because there is no alternatives to spend money. Most of businesses are either buying from or are owned by corporations. The market is regulated by handful of people who try to tell everyone that there is free market.
There is no free market.
Countries are buying from same people, small businesses are buying from same people, you are buying from same people.
Brand names are shuffled to make people confused, give people illusion of choice.
We are imprisoned slaves that work for elites whole life. There is no hope there is no bailout. They will do it because they can and nobody can stop them because they have hundreds of organizations to protect them and politics who create laws for them.
Sigh
The UBS Report, that the whole article appears to be based on.
I don’t know why the Guardian had choosen to get this sloppy with this article.
For the OP who posted this article here, this article doesn’t seem even related to technology.
I don’t know what to say.
The voting turnout at least where I am was still abysmal for the primaries. There were some positive results still. I want these candidates pushing HARD for taxing the rich and corporations. Enough of this BS.