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AI investment the only thing keeping the US out of recession
(www.theregister.com)
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Yes, and it's all relative to what we see and expect. There has been a general trend of improving living standards. However, since the boomer generation, there has been a continued rise in standards but their kids are the first, in the west, that didn't necessarily have a step up in standards apart from technological advances. Food and shelter being huge and sanitation being effectively solved.