Long or short： The middle class is gone. Fed data shows the top 1% own ONE-THIRD of all US net worth. Do you ride the wave of capital concentration or short the inevitable social backlash?
u/Mobile-Traffic1744 — 11 days ago
r/LongOrShortBets
LONG OR SHORT?? 98% of US households aren't paying for AI yet
The chart tells two stories. One is, yes, that household AI spending doubled in the last year. The other is that hardly any of the potential revenue from consumer AI has been tapped so far. That’s one way to look at it. Another is that, after tens of billions in marketing, people still aren’t convinced to pay for it, and those who do pay so little that, financially speaking, the companies selling it are radioactive.
u/Mobile-Traffic1744 — 12 days ago