When I was 8 I sent a letter to LEGO about a line of toys that slid down on stair bannister's. I gave it to my mom to send to them but apparently she betrayed me and kept it for herself because she thought it was "cute". Thanks to her I don't work for LEGO :(
Many of the top tier companies (meta, Amazon, google, microsoft etc) have had massive layoffs in the 10's of thousands range. Those workers were top tier programmers. So you need to be quite delusional or uninformed to have your view point on the work force.
One anecdote about Bill Gates is he was in the Bahamas perhaps to purchase some real estate and he was dressed very down to the point where he looked like a bum. He went into a local real estate office where the lady was dressed in a suit and to the 9's despite it being 40 degrees outside. And she went and told him that real estate was expensive in the Bahamas and he needed a lot of money to buy to which he replied "I might be able to work something out you never know". So ya the super rich don't need to sound good or look good they simply have money.
I've always wondered how people who are not 1/10th as smart as Elon convince themselves that he is not intelligent after solving robotics, AI, neuralink, and space all simultaneously.
Every country will have to figure out how to deal with this. Once India and China go negative who is going to fill that gap? It's impossible. The only question is whether or not countries can retain their culture and population or whether they will be replaced by outsiders.
Strange to leave out successful modern examples like China, South Korea, Japan, Germany until they decided to destroy their industry for green goals etc.
I'm very curious about this because even tho we need to preserve democracy, some elements of meritocracy also seem needed. Obviously as Xi's latest purges show, there is some politics to it as well, but China does seem to do a fairly good job of meritocracy in the bureaucracy.
It's forward looking P/E is 24-26. That doesn't seem like a huge crash is coming. It could come down a bit but they print money. They also have potential car market and robots coming in.
AI can often synthesis information out of for example, code and screenshots and navigate a website. It could effectively document the current state of a given web application for example whereas most companies have 0 documentation whatsoever.