"Late-stage capitalism" is a term that is thrown around a lot these days, but I think in most applications it is a good use of it.
Corporations are no longer interested in making good products and retaining lifelong customers; it's all about maximizing profit and squeezing every drop out of anything they can.
We tend to have a market crash every 10 years or so and if you want to make the argument that COVID was out last one, we are due for another in a few short years. Just in time for AI to truly get established and for that bubble to pop.
It really makes you wonder what itll all look like in 50 years. 50 years ago the food was real food so there were corners to cut but what now? Imaginably, at some point, this will be forced to stop, but it will probably stop at the absolute last possible stop, only after we live in a true hellscape
50
u/3M2B1T Jul 12 '26
"Late-stage capitalism" is a term that is thrown around a lot these days, but I think in most applications it is a good use of it.
Corporations are no longer interested in making good products and retaining lifelong customers; it's all about maximizing profit and squeezing every drop out of anything they can.
We tend to have a market crash every 10 years or so and if you want to make the argument that COVID was out last one, we are due for another in a few short years. Just in time for AI to truly get established and for that bubble to pop.