to be blunt: screw the GDP. things get worse for the middle class even when the country does well. Why should I be concerned that money not going to benefit me is dwindling because a company that exploited me can't exploit me anymore? Reap what you sow.
More on topic: It was a neat idea, but given how consistently every single walled garden has ended up hindering progress and exploiting users in the long term, I'd rather go back to that 90's geocities era where users had to be mindful of their content instead of letting an algorithm scroll for them showing what maximizes engagement. The experiment has failed with aplomb.
Break up Google, break up Microsoft (again, kind of), open up Apple, shake down Steam. Make this new money show why old money was historically regulated into being a proper public service instead of a winner take all conglomerate.
The only people here who are going to materially benefit from a larger GDP are the temporarily embarrassed billionaires.
And that's the entire point here: Google, Meta, Microsoft, Apple, NVIDIA, etc. are hoarding the wealth. For the rest of us to actually benefit from the monetary value of the increased productivity of tech, that money has to be taken back.
In a country where 50 people own more wealth than 50%, the only beneficiaries to GDP growth are those 50 individuals. The rest of us are just getting fucked.
More on topic: It was a neat idea, but given how consistently every single walled garden has ended up hindering progress and exploiting users in the long term, I'd rather go back to that 90's geocities era where users had to be mindful of their content instead of letting an algorithm scroll for them showing what maximizes engagement. The experiment has failed with aplomb.
Break up Google, break up Microsoft (again, kind of), open up Apple, shake down Steam. Make this new money show why old money was historically regulated into being a proper public service instead of a winner take all conglomerate.