AI And The Race To End Capitalism

The advent of ChatGPT and other popular AI technologies is fueling a wave of transformation sweeping across almost every industry. The race towards optimal adoption of automation and the replacement of labor costs with expensive, high-energy-consuming technology is becoming a matter of survival of the fittest in the business world. Automating processes that once took … More AI And The Race To End Capitalism

Share of corporate income received by US workers from 1979 to 2015.

This chart illustrates the share of corporate income received by workers (in the form of wages and benefits) from January 1979 through April 2015. As the Economic Policy Institute explains, Typically, the labor share rises during recessions because profits fall much faster than wages during downturns … More Share of corporate income received by US workers from 1979 to 2015.