Beware! Tech Billionaires will Cause a Global Recession | AT18
The world's tech billionaires are the biggest enemies of capitalism. On average the Top 10 billionaires in the USA own $270 billion of assets each. A superrich American in the top 0.1% on the income ladder would need to save all their annual income for the next 100,000 years to match that much wealth! The capitalism driven by tech billionaires is destroying those who have to buy the goods and services the capitalists produce — the middle class and workers. Excessive inequality and AI-driven job losses are causing consumption demand to collapse across the world. And if there is no demand, capitalism cannot survive. So, the billionaires are killing capitalism. And we don't know how to stop them.

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