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How we’ve failed the average worker and instead glorified CEOs
CEO total compensation has outpaced US median annual income by 16,638%, on average.
US median annual income increased by just 4% on average ($2,108/year).
CEO total compensation had an average annual increase of 7% ($676,153/year
Since 1974, CEO compensation has grown 940% while the average worker’s compensation has risen just 12%. Meanwhile, the purchasing power of the dollar over that same period has decreased an average of 3% a year from inflation. As a result, the average worker can afford significantly less goods and services today than they could 50 years ago, including housing, clothes and food. The average worker is losing big time.
And for those who would argue the high cost of social welfare, corporate welfare will cost taxpayers almost $400 billion this year alone, which is 25,000% higher than the $1.6 billion that will be spent on social welfare.
Sources
https://www.linkedin.com/posts/hannahawilliams_eattherich-activity-7198758131538046978-Vr2O
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Godot Cheat Sheets
https://docs.godotengine.org/en/stable/tutorials/scripting/gdscript/gdscript_basics.html
https://www.canva.com/design/DAGBWXOIWXY/hW1uECYrkiyqs9rN0a-XIA/view?utm_content=DAGBWXOIWXY
https://www.reddit.com/r/godot/comments/18aid4u/unit_circle_in_godot_format_version_2_by_foxsinart/
Images in the post
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The Tragic Downfall of DevianArt – the Internet’s Art Gallery
https://slate.com/technology/2024/05/deviantart-what-happened-ai-decline-lawsuit-stability.html
Once a vibrant platform for artists, DeviantArt is now buckling under the weight of bots and greed—and spurning the creative community that made it great.
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The Maker of Stable Diffusion, Stability AI Is Collapsing, Considering Sale
https://futurism.com/the-byte/stability-ai-collapsing-considering-sale
According to The Information, the company generated less than $5 million in revenue in the first quarter of this year, while losing more than $30 million.
The ironically-named venture is now reportedly sitting on $100 million worth of outstanding bills
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Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away
A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially senior-level ones, leaving the company, often to work at competitors.
Some company leaders are adamant that remote work can disrupt a company’s ability to innovate. However, there’s research suggesting that RTO mandates aren’t beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don’t increase company value.
https://cdn.arstechnica.net/wp-content/uploads/2024/05/RTO.pdf
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