#economic-displacement

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Artificial intelligence
fromHarper's Magazine
1 week ago

Agents of Chaos, by Will Stephenson

AI has primarily produced flawed consumer products and hype-driven companies rather than transformative breakthroughs, while young tech workers prioritize avoiding economic displacement over meritocratic achievement.
Artificial intelligence
fromFortune
1 week ago

'The ideal number of human employees inside of any company is zero': why AI gives company owners what they think they want | Fortune

AI will eventually replace all human workers as companies pursue the economic logic of automation, continuing the Industrial Revolution's trajectory toward zero human employment.
Miscellaneous
fromwww.theguardian.com
1 week ago

A Europe of clean, green cities and resurgent industry is a fantasy unless we get really creative | Hans Larsson

Europe eliminated heavy industry from its cities, creating livable urban spaces while outsourcing manufacturing and labor to other regions, leaving local residents economically displaced.
fromThe New Yorker
5 months ago

Letters from Our Readers

By 1970, much of the housing stock was fifty years old and in need of substantial capital investments: new roofs, elevators, plumbing, and electrical wiring. Many small landlords simply couldn't afford these improvements. They did not abandon their buildings because they lost value-they abandoned them because they were losing money. Some of these landlords had put their life savings into their buildings.
Real estate
Environment
fromwww.theguardian.com
7 months ago

Caught between a fossil fuel past and a green future, China's coal miners chart an uncertain path

China's coal industry transition affects families like Wang Bingbing's, who fear economic displacement during the shift to cleaner energy.
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