AI contributes to inflating global debt, already approaching $346 trillion or 310% of GDP – CADTM
www.cadtm.org
Technology companies linked to Artificial Intelligence (AI) are contributing to the inflation of global debt, which is already approaching $346 trillion, or 310% of GDP, according to the…
  • vane@lemmy.worldEnglish
    4·
    5 hours ago

    Concept of money only applies to poor people. Rich people just take couple million dollars loan that they write off in taxes.

    • Eximius@lemmy.worldEnglish
      3·
      4 hours ago

      Kinda correct. Money is only useful in trading. You should never store wealth in moneys (because inflationary fiscal policy that only fucks up the lower class)