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Financial Friday: Strikes Increases Prices!

FF: Strikes increases prices!

Dock workers have a union of about 85,000 people that recently went on strike. They have 2 demands: No automation ever! And a $5/hr raise every year for 6 years. Ironically, the raise may not be enough to keep up with inflation. That may actually be achieved. What I don’t think is possible is to sign a contract agreeing to NEVER automate. Once something has been invented, it can’t be un-invented. Nothing can stop an idea that’s time has come. Automation & AI is here to stay and grow. Fighting it is like the trying to go upstream without a paddle on that…

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