by Dufotue December 3, 2023
Get the economic aidsmug. A term that means when a government bans and prohibits a certain product or service from a multibillion dollar company that costs a lot of money in revenue and causes harm to the economy.
The United States committed economic suicide by banning an app that was worth over $1 billion in revenue.
by The Ferocious Whomper December 19, 2022
Get the economic suicidemug. When you are unable to date anyone because you are not in a financial position to do so .ie broke as fuck.
"He cancelled our dinner date the bastard, said he cant do it anymore because he's economically unavailable'
by YoungRoy December 22, 2019
Get the Economically unavailablemug. by Longboyy February 10, 2024
Get the Hasan Economicsmug. Summary: AI will specifically destroy jobs created by computers in the first place, preserving 'offline' jobs, while minimally impacting work quality, and preserving gross productivity.
1) The jobs that AI destroys will largely be isolated to many of the same jobs the computers created, facilitated or enabled, 2) The more that workers in a given field were reliant upon computers, the lower the percentage of them will be required to accomplish the same output after AI is deployed; this reduction in demand for workers could be up to 90% in some market segments. 3) When this happens, work quality only suffers slightly; 4) When this happens, productivity is not reduced, and some companies may scale-up fewer workers to surpass previous productivity levels.
The take-away is that jobs that were largely or entirely not dependent on computers (or which predate computer) will be less impacted by the rollout of ML and AI. These jobs include carpenters, police, paramedics, doctors, refuse workers, power linesmen.
This will remain true until corporations push culture if not laws to have androids perform those remaining jobs left to humans (e.g. carpenters, police, paramedics, doctors, refuse workers, power linesmen). At that point, society will debate whether productivity is more important that anthropocentrism and protecting a moralized, industrious, human populations.
Put forth by Zackery West, marketer, in 2024.
reworded and resubmitted
1) The jobs that AI destroys will largely be isolated to many of the same jobs the computers created, facilitated or enabled, 2) The more that workers in a given field were reliant upon computers, the lower the percentage of them will be required to accomplish the same output after AI is deployed; this reduction in demand for workers could be up to 90% in some market segments. 3) When this happens, work quality only suffers slightly; 4) When this happens, productivity is not reduced, and some companies may scale-up fewer workers to surpass previous productivity levels.
The take-away is that jobs that were largely or entirely not dependent on computers (or which predate computer) will be less impacted by the rollout of ML and AI. These jobs include carpenters, police, paramedics, doctors, refuse workers, power linesmen.
This will remain true until corporations push culture if not laws to have androids perform those remaining jobs left to humans (e.g. carpenters, police, paramedics, doctors, refuse workers, power linesmen). At that point, society will debate whether productivity is more important that anthropocentrism and protecting a moralized, industrious, human populations.
Put forth by Zackery West, marketer, in 2024.
reworded and resubmitted
"I'm a USPS door delivery mailman, so, according to West's Theory Of Specific Economic Destruction, my job delivering mail should be fine even if the Postal Service grows more efficient at correctly routing addresses and scheduling delivery drivers."
by Zack West February 18, 2024
Get the West's Theory Of Specific Economic Destructionmug. What Megyn Kelly and Matt Walsh are advocating under the auspices of the bud light boycott. What it does is set a behavioral precedent so that they can control the behavior of their political opposition. They've threatened to do it again. They think they should be able to do what the woke types where doing to them by LITERALLY doing what the Chinese Communist Party is doing to Taiwan.
Hym "Hey, China is ALSO banning beer. They are banning the sale of Taiwanese beer as a form of economic coercion. That's literally what the people who lead the Bud Light boycott are doing! They are using economic coercion intimate companies into 'Refusing to acknowledge Taiwan as a country.' LIKE A FUCKING COMMUNIST! Is that what you're going to do!? YOU COMMUNIST SLUT!"
by Hym Iam August 9, 2023
Get the Economic Coercionmug. A lesson for undergraduate economics classes. Economists those died hundreds of years ago can still fuck your mind because of this lesson. Some of them claim that value can only be determined by demand and others begin to blend them by being foolish, because, according to them value can only be determined by supply or something fucking else.
I used to think that Karl Marx is a merit figure in history because he tried to solve the poverty problem but now i think he's fucking crazy. You will see his name in everywhere if you are am economics student. In Sociology, in macroeconomics, in microeconomics, in comparative world economy, in politics...
I used to think that Karl Marx is a merit figure in history because he tried to solve the poverty problem but now i think he's fucking crazy. You will see his name in everywhere if you are am economics student. In Sociology, in macroeconomics, in microeconomics, in comparative world economy, in politics...
In 2nd the January which is follower of the 2015's first day, i have a final term for History of Economic Thought.
by ch32 April 4, 2015
Get the History of Economic Thoughtmug.