OpenAI’s Exodus, the Rise of Palantir, and the Longshoremen’s Strike
Prof G Markets
Labor Strikes and Economic Impact
This chapter examines the implications of a potential strike by 45,000 dockworkers demanding higher wages and limitations on automation. It highlights the significant economic repercussions such a strike could have on the U.S. economy, including potential losses in daily GDP and supply chain disruptions, particularly during critical holiday seasons. Additionally, it delves into the balance of power between unions and explores the emerging issues related to legalized gambling and its societal effects.
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