🔬 Science 5d ago · Joe Wilkins

AI Billionaires Are So Greedy That They’re Supercharging Sales of Yachts and Private Jets

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AI Billionaires Are So Greedy That They’re Supercharging Sales of Yachts and Private Jets
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Working class consumers around the world are tightening their belts, driven by runaway fuel prices, global inflation, and a wrath of new import tariffs introduced by US president Donald Trump. In the US, retail sales plunged 0.6 percent between May and July, blowing an expected 0.1 percent drop out of the water.



In such a depressing financial environment, one class of consumer seems to be having a heyday: the ultra-rich in general, and the billionaires buoyed by the AI boom in particular.



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