Re:Hotels turn to robots and room cleanings every 4 days to ...
by lotsofpulp on Wednesday December 21, 2022 @11:40PM
(#34089880)
>Consider this: Elon Musk at peak of his wealth had more money than all the residents of Massachusetts (itself quite a wealthy state) combined, by a significant margin.
There is no way this is true. Just this list alone is probably $100B, and there are 7M people in Massachusetts, and including many with net worths in the millions.
https://www.nbcboston.com/news/local/these-are-the-16-riches...
Re:Hotels turn to robots and room cleanings every 4 days to ...
by TylerE on Thursday December 22, 2022 @12:59AM
(#34090312)
Lots of people with zero or even negative net worths too
Re:Hotels turn to robots and room cleanings every 4 days to ...
by cmdli on Wednesday December 21, 2022 @11:49PM
(#34089939)
> The primary structural issue is that low-income wages have completely stagnated if not fallen with the inflation over the last several decades while wages for mid-upper to ultrawealthy have gone up, dramatically.
This is statistically untrue, though a very popular misconception. Median wages have increased slightly after adjusting for inflation over the past few decades [1]. Minimum wage has wavered a bit since then, but most people are not employed at the federal minimum wage [2].
[1] https://fred.stlouisfed.org/series/MEPAINUSA672N [2] https://fred.stlouisfed.org/series/LEU0203127200A
Re:Hotels turn to robots and room cleanings every 4 days to ...
by lotsofpulp on Thursday December 22, 2022 @12:34AM
(#34090186)
Median does not capture adjustments at the bottom 2 quintiles, which is where hotel room cleaners probably are:
https://fred.stlouisfed.org/series/CXU900000LB0102M
Re:Hotels turn to robots and room cleanings every 4 days to ...
by midoridensha on Thursday December 22, 2022 @01:17AM
(#34090408)
The funny part of this is that, unlike the actual feudal eras of Europe and Asia, where feudal lords had both wealth and political and military power, these days we have democracy, yet the people consistently vote for these things you're complaining about, and against their own self-interest.
The number of places in the US that you can get a 2BR home, rental or owning, on minimum wage is basically non-existent.
We're on the verge of large swaths of the US population effectively becoming serfs. Housing is being snapped up by corporations, banks are jacking their fees and making more and more people "unbankable" forcing them into non-bank situations like payroll-company-run quasi-debit-cards where withdrawing their wages costs money.
Consider this: Elon Musk at peak of his wealth had more money than all the residents of Massachusetts (itself quite a wealthy state) combined, by a significant margin.
We're at a stage where we have what amounts to feudal lords in all but name, complete with their own private security forces going around roughing up people.