General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBernie Sanders is on CNN NOW......and he's got new glasses........he is saying the US population should get at least
50% of the profits of the AI companies!!!!! Gawd I love him.
WSHazel
(863 posts)The AI companies, other than the chip makers and some data center builders, are unlikely to see any profits. Ever.
MadameButterfly
(4,202 posts)Please enlighten me further.
Which is exactly why on the advice of a friend in the business I bought 1000 shares of Nvidia at the beginning of 2023 for a little over $14,000. As of todays statement from Edward Jones, its worth a little over $224,000. I should mention that includes at least one split. The chipmakers are where the money is.
DFW
(60,534 posts)Since I was already traveling like a whirlwind for my job, I hardly paid any attention to any such advice from a broker. But this one time I did. I bought 1000 shares of Texas Instruments at $54. In the first eight years, it split two-for-one three times, so now I had eight thousand shares. It went up to over $75, but during the Cheney-Bush recession of 2008, it went down to $20. I asked the (now new) broker if I shouldnt buy more? She said no, too many eggs in one basket. Great advice THAT was, right? Its now over $300. At least I kept the rest. Like I said, I paid little attention to this game. I pay even less now. There seems little sense in selling for a big profit when well over half of it will be gobbled up by two different governments. Im better off leaving it to my NY-based daughter, who would only be taxed once on it. My Germany-based daughter has made so much money already that she doesnt want anything from me anyway (she, or her kids, will get some despite that), since she has probably already made more than I ever will.
Hassin Bin Sober
(27,510 posts)W_HAMILTON
(10,456 posts)betsuni
(29,362 posts)But at least then people would've caught on that "democratic socialism" revolution means regulated capitalism, same as liberal Democrats' policies and there isn't any ideological difference except for strategy. There could've been unity and progress.
mvd
(65,968 posts)Of course, no one has to love Bernie. But I dont have to like the centrist direction of the party, either.
MadameButterfly
(4,202 posts)and I can't practice my profession. And if there aren't any more artists because who can compete?
They have to stop the theft.
Betty Boom
(472 posts)All the buggy whip factories are still out of business.
AZ8theist
(7,692 posts)...new orders are gonna come in any day now!!
The President said we're the hottest country on the planet!!
New business is pouring in!!! Prices down 6, 7, 800 PERCENT!!
Emile
(43,582 posts)Andrew Yang, a former Democratic presidential candidate, proposed a universal basic income of $1,000 per month
calimary
(91,042 posts)a kennedy
(36,493 posts)OMGAWD, I feel a movement!!!!? And I totally,have forgotten about Andrew Wang
a kennedy
(36,493 posts)Seriously love both these men. How do we get them on the 2028 ticket????
gulliver
(14,121 posts)At least he has some clue about AI being important. His take is pathetic, but at least he is saying something.
state of stupid
(214 posts)are going to be replaced by automation and robots, do not go looking for a job that
could be replaced by automation and robots, look for a job fixing the automation and
robots. With all the speculation of no need for humans to work because AI is going to
replace you; then why do I need to live since it would appear I am no longer needed?
The longer I live, the more I think that these assholes that think that way are people
that really need to be locked up someplace where they cannot be a threat to mankind.
Matthew28
(1,901 posts)To make sure everyone lives without fear of homelessness, hunger or poverty ever again in this country.