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Re:Three Years from GPT-3 to Gemini 3 by tsss on Monday November 24, 2025 @06:13PM (#46040538)
You don't need an educated workforce if you have machines that can do it reliably. The more important question is: who will buy your crap if your population is too poor due to lack of well paying jobs? A look towards England or Germany has the answer.
Re:Three Years from GPT-3 to Gemini 3 by wing-_-nuts on Tuesday November 25, 2025 @12:20PM (#46048109)
The top 10% of households already account for more than half of consumer spending in the US
Re:Three Years from GPT-3 to Gemini 3 by akavi on Tuesday November 25, 2025 @01:05PM (#46048681)
Hmmm, that doesn't seem right. I'm having a hard time finding an actual consumption number, but I am confident it's well below 50%.

The top 10% of households by wage income do receive ~50% of pre-tax wage income, but:

1) our tax system is progressive, so actual net income share is less

2) there's significant post-wage redistribution (social security/medicaid)

3) that high income households consume a smaller percent of their net income is a well established fact.

Re:Three Years from GPT-3 to Gemini 3 by wing-_-nuts on Tuesday November 25, 2025 @03:04PM (#46050055)