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Economy Media
Ecuador
Приєднався 11 кві 2023
Welcome to the Official UA-cam Channel for Economy Media
In this channel, we discuss the United States economy, money, jobs, the Federal Reserve, the real estate market, salaries, the economic situation of Americans, and everything related to personal finance and economics.
In this channel, we discuss the United States economy, money, jobs, the Federal Reserve, the real estate market, salaries, the economic situation of Americans, and everything related to personal finance and economics.
Why Are Tech Companies Going Nuclear
The rapid growth of artificial intelligence (AI) has significantly increased its energy consumption, with projections indicating AI could account for 1% of global energy use in the coming years. This is due to the high energy demands of AI models, which consume more power than simple web searches.
To address this challenge, major tech companies like Google, Microsoft, and Amazon are exploring more efficient energy sources, including nuclear power. Google has acquired a nuclear data center, and Microsoft is reviving the Three Mile Island plant. While nuclear energy offers a low-emission solution, its high cost and regulatory hurdles remain obstacles.
The U.S. government supports nuclear as part of a diverse energy strategy to meet climate goals. To mitigate the impact on power grids, AI may also help optimize energy management, balancing demand with sustainability. The future will depend on balancing technological advancements with environmental concerns.
CHAPTERS:
0:00 Tech Companies Are Turning To Nuclear Energy
1:05 The AI Energy Challenge
2:37 Nuclear Revival
4:05 Challenges
6:00 Energy & AI's Future
6:56 Innovations & Opportunities
Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images
» Subscribe to Economy Media: ua-cam.com/channels/c8q4B1bj-668LMHyNXnTxQ.html
Conect With Economy Media Everywhere
Follow Economy Media on Instagram: n9.cl/economymedia
#economymedia #ai #nuclear
To address this challenge, major tech companies like Google, Microsoft, and Amazon are exploring more efficient energy sources, including nuclear power. Google has acquired a nuclear data center, and Microsoft is reviving the Three Mile Island plant. While nuclear energy offers a low-emission solution, its high cost and regulatory hurdles remain obstacles.
The U.S. government supports nuclear as part of a diverse energy strategy to meet climate goals. To mitigate the impact on power grids, AI may also help optimize energy management, balancing demand with sustainability. The future will depend on balancing technological advancements with environmental concerns.
CHAPTERS:
0:00 Tech Companies Are Turning To Nuclear Energy
1:05 The AI Energy Challenge
2:37 Nuclear Revival
4:05 Challenges
6:00 Energy & AI's Future
6:56 Innovations & Opportunities
Produced by: Samantha Harvey
Edited by: Jacob Smith
Animation: Charlotte Brown
Additional Footage: Getty Images
» Subscribe to Economy Media: ua-cam.com/channels/c8q4B1bj-668LMHyNXnTxQ.html
Conect With Economy Media Everywhere
Follow Economy Media on Instagram: n9.cl/economymedia
#economymedia #ai #nuclear
Переглядів: 122
Відео
How The American Dream Became Unaffordable For Americans
Переглядів 9 тис.14 днів тому
How The American Dream Became Unaffordable For The Middle Class In the U.S., a salary between $75,000 and $100,000 is often seen as middle class. Yet, with a 2023 average annual wage of $59,384, many Americans struggle as living costs outpace wages. From 1979 to 2024, productivity rose by 80.9%, but wages grew only 29.4%, widening the gap. Rising housing prices, high unemployment, and reduced g...
Where Did Laid-Off Tech Workers Go?
Переглядів 52 тис.28 днів тому
Where Are Laid Off Tech Employees Going? In the past two years, nearly 428,000 tech workers have been laid off, with over 124,000 losing jobs in 2024 alone. This crisis has been driven by factors like the collapse of Silicon Valley Bank, overhiring during the pandemic, and rising interest rates. The impact on the workforce has been profound, particularly for women, who made up over half of thos...
How AI is Becoming the New Global Monopoly
Переглядів 10 тис.Місяць тому
How Tech Giant Are Monopolizing AI In 2024, tech giants have been strategically acquiring talent and technology from AI startups without formal acquisitions. Companies like Google, Amazon, and Microsoft have made deals with startups such as Character.AI, Adept, and Inflection. These agreements allow the corporations to access key personnel and AI innovations without the regulatory hurdles that ...
How "Ghost Jobs" Are Ruining the American Labor Market
Переглядів 9 тис.Місяць тому
The rise of ghost jobs, or fake job listings, has become a growing concern in the U.S. job market. In 2024, it was revealed that 40% of American companies posted such listings, with an alarming 8 out of 10 recruiters admitting to this practice. Ghost jobs are job listings that companies have no immediate intention of filling, creating a false perception of opportunities. Estimates suggest that ...
Why Are So Many American Companies At Risk of Bankruptcy
Переглядів 3,2 тис.2 місяці тому
In 2023, 642 American companies declared bankruptcy, the highest since 2008. Private equity (PE) firms, which manage nearly $1.4 trillion in assets, significantly impact the U.S. economy. These firms have acquired thousands of companies, often using leveraged buyouts, where the acquired company shoulders the debt. This approach has led to increased bankruptcy risks and negative effects on indus...
How American Workers Have Become Underpaid
Переглядів 11 тис.3 місяці тому
In recent decades, wages in the United States have failed to keep pace with rising labor productivity, leading to growing dissatisfaction among workers. Despite being one of the largest economies in the world, many American workers face wages that do not adequately reflect their level of education, skills, and experience. Only 34% of Americans are satisfied with their job compensation, and near...
How Working in Tech Went from Being a Dream Job to the Worst
Переглядів 474 тис.3 місяці тому
The golden age of working in tech, marked by lavish benefits like free food, travel stipends, and gender affirmation surgeries, is ending. In 2024, approximately 75,000 tech workers have been laid off, with companies like Amazon, Google, and Meta leading the cuts. The once-coveted jobs in tech are no longer a dream due to global economic shifts and industry changes. After the 2008 financial cri...
Why is Biden Dropping Out of the Presidential Race: Timeline
Переглядів 1934 місяці тому
President Joe Biden Announces He Will Not Run in 2024 Election In a surprising turn of events, President Joe Biden has officially announced that he will not seek re-election in the upcoming 2024 presidential race. This decision marks a significant moment in American politics, as the nation prepares for a new era of leadership. In his statement, President Biden emphasized the accomplishments of ...
2008 vs 2024: The Possibility of Financial Deja Vu
Переглядів 11 тис.4 місяці тому
"Why American Banks Are On The Brink Of Collapse" explores the escalating pressures on the U.S. banking sector, tracing back to the foundational years with the establishment of the first U.S. bank in 1791. Historically, Americans have placed immense trust in these financial institutions to safeguard their money. However, the article highlights that recent macroeconomic challenges, particularly ...
Why Is It So Hard To Find A Job
Переглядів 45 тис.4 місяці тому
Why Do Job Requirements Seem Absurd In 2024, the job market is characterized by significant shifts and challenges. With rising job requirements, the U.S. labor market is increasingly demanding, leaving many unemployed or struggling in their job search. This analysis explores the dynamic landscape of job market 2024, focusing on unemployment, heightened job requirements, and the impacts on indiv...
Why Has The American Dream Turned Into A Nightmare
Переглядів 6 тис.6 місяців тому
Why A $100,000 Salary Can’t Buy The American Dream The American Dream, once a beacon of hope promising financial stability and upward mobility, has become increasingly elusive. Traditionally symbolizing the attainment of a prosperous middle-class life, this ideal is now questioned under the pressures of today's economic realities. In recent years, the concept that a $100,000 annual salary repre...
How Long Should You Stay At Your Job
Переглядів 3,4 тис.6 місяців тому
How long to stay at job ? In 2024, approximately 144.9 million American workers, representing 95% of the workforce, plan to switch jobs, highlighting significant job dissatisfaction in the current job market. The average tenure of workers has been declining, now standing at just 4.1 years. This trend raises the question: how long should you stay at your job, especially your first job? Economic ...
Why Are Millions Of American Workers Leaving To Canada
Переглядів 2,7 тис.6 місяців тому
Why Are Millions Of American Workers Leaving To Canada In 2024, the job market, especially in the tech sector, is experiencing significant shifts, with Canada emerging as a major hub for tech jobs. The country has created approximately 1.1 million tech positions in the past year alone, catalyzed by the increasing demand for tech skills and strategic immigration policies. This growth is partly d...
Why Is The Student Loan Market Collapsing
Переглядів 1,9 тис.6 місяців тому
The student loan debt in the United States has ballooned to nearly $1.7 trillion, affecting about 45 million borrowers. This surge is exacerbated by a 28% rise in tuition and fees at public institutions over the past decade, even after adjusting for inflation. This alarming increase underpins a broader concern often referred to as the Student Loan Crisis. The crisis is not just a burden on indi...
Why The Middle Class Is No Longer Middle Class
Переглядів 91 тис.7 місяців тому
Why The Middle Class Is No Longer Middle Class
Why Do Tech Companies Keep Laying Off?
Переглядів 5 тис.8 місяців тому
Why Do Tech Companies Keep Laying Off?
Is It The End Of Remote Work Or Just The Beginning
Переглядів 4,3 тис.8 місяців тому
Is It The End Of Remote Work Or Just The Beginning
Why Are So Many Americans Losing Their Home Insurance
Переглядів 2,4 тис.8 місяців тому
Why Are So Many Americans Losing Their Home Insurance
Why Are So Many Americans Unable To Find A Job
Переглядів 107 тис.8 місяців тому
Why Are So Many Americans Unable To Find A Job
Why Americans Can’t Keep Their Paychecks?
Переглядів 1,9 тис.9 місяців тому
Why Americans Can’t Keep Their Paychecks?
Why Are Paper Bills Trash (Literally)
Переглядів 52011 місяців тому
Why Are Paper Bills Trash (Literally)
How The Recession Will Affect Americans?
Переглядів 3,5 тис.Рік тому
How The Recession Will Affect Americans?
Why Are So Many Americans On The Brink Of Poverty?
Переглядів 188 тис.Рік тому
Why Are So Many Americans On The Brink Of Poverty?
Credit Card Crisis Is Here: DO THIS NOW !
Переглядів 2,6 тис.Рік тому
Credit Card Crisis Is Here: DO THIS NOW !
Thanks for the breakdown! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
a minimalist living should be encouraged atleast till you are economically free. That’s the only way to safeguard yourself. Capitalism is serving the investors only
Tell us how we can improve our videos 👇
Meanwhile, how are German tech companies preparing for AI? Oh right, there are no tech companies and there is no power.
Fun fact! 3 Mile Island had 2 Nuclear Reactors. Reactor 2 was the one that had the incident. But Reactor 1 stayed operational until 2019. What Microsoft is doing is regauling Reactor 1 with new tech and a new reactor and getting it operational in a fraction of the time or cost since most of it is already up to date.
both tech sector and game development have the same pattern: mass layoffs from the large corporations, but then small indie and startups hire these tech workers. The tech giants no longer have monopoly in the industry
Capitalism is so f up
07:00 The chart is incorrect.
Just been put redundant, I was the last designer UK based; now they’re all from India other than the project manager from London. This said, their quality work is so poor that now 2% of their user base uses their digital platforms. Cheap Indian labour doesn’t mean quality labour for cheap.
It seems like big tech is just a massive advertising enterprise. And there’s only so much you can advertise. You need actual stuff to advertise, and industry after 2008 is still heavily stagnant
AI cannot replace even a halfway competent engineer. The layoffs are just bloat caused by engineer hoarding during the pandemic, and they just happen to coincide with the AI hype cycle
Post ghost jobs should be a misdemeanor at least and felony at worst! I’m SICK of this market
Corporate greed. Price gouging in the economy causing the average income household to downsize in their personal lives just to make ends meet. The issue is greed
This video is so misleading, so dramatic, completely inaccurate
Fajna, funkcjonalna kuchnia. Jaki metraż?
US corporate management culture is toxic.
Too much money for too little value. You need to add more tech to add some value for the company. They shouldve hired more scientists and funded research around the world not just someone that poses a day in a life videos in tiktok.
75-100k is middle class for 1 person not a family
Its been 2 years since layoffs started when are we going to be back to normal ????
Companies dont care about you. But these employees are smart they know that which is why avg tech employee stays 2 years before leaving whether on their own or laid off. These tech companies also prefer that because long term employees can get burnout or complacent. So with constant turnover companies get more dedicated fresh workers and workers with target skillset as these companies constantly change their goals.
Earning $22.50 per hour X 40 hrs (8hrs a day per week) = $900 @ week. That’s $3,600 per month. It’s $43,200 per year. That is Before Taxes. Do you make $22.50 per hour? You’re doing better if you’re married and you’re both making $22.50 per hour. What has the US become?
Who saw this coming years ago?? 😂😂😂
The tech in the thumbnail is now...the president of Chile! He's known by the name 'el Merluzo'
i just started to learn Linux Server, now the whole world dismantle everyhting in the market :((((
hey at 7:05 your plot colors are flipped.
Thank god
The thumbnail of this video has photoshopped people like president boric or Beatriz Sanchez (Chile)… I mean wtf
Ageism/generational superiority, hypocrisy, impatience on the youth, Ghost jobs, offering labor jobs to foreign markets, cheat to the stock holders
there is more demand in the weapon industry now ... good time to be alive ...
I work in IT and we don’t have free food or such nice spaces with games. Our office is pretty simple like other average cubicals and we have standard coffee pods only. It’s good some people were able to work with such perks but, I guess, disappointing if they need to go into a regular office now.
Remote work is God’s blessing. You save commuting time and money and don’t need to work in such a tight schedule than in workplace. You get more free time when you can do cleaning, laundry etc. during the day. When there are boring meetings one can take walk or whatever and if someone asks something you can pretend the connection is bad. Long lunches and the possibility to take a little nap make the work much more relaxed. Definitely a pro choice to have a job where you can stay home. Also if you have side hussle you don’t have to do those things at your spare time.
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I like how everyone will talk about it but no one is doing anything about it.
Everyone gangsta till ai shows up
It's a blessing to be born poor/low income. Now as an adult making 75k-100k I feel rich. It's about state of mind and choices. If one job doesn't cover tge bills, get a second job! This is not a new concept. Poor people have done this forever
At the same time nobody should be living in poverty, working 40 hours a week
7:05 the chart is labelled incorrectly
We need a zero inflation central bank goal, not zero unemployment.
Someone should have shown this to kamala earlier
GLOOM AND DOOM PROPAGANDA: Did you notice how they ran through the chart that shows the middle class shrunk from 61 to 50%? 4% went to lower class but 7% WENT TO UPPER CLASS! Most people are better off
Sort of. It all comes down to housing costs so it's pretty simple. Those who got into a house before 2019 are doing great, those who tried to do afterwards are not. The salary needs to account for housing costs.
@ Housing prices rise and fall as do interest rates. I bought a condo in 1982 for 88k but the interest rate was 13-% so I was paying $3200 a month in todays $s then the price falls 20% . It took 10 years to recover. Over the long run it worked out but IT TAKES PATIENCE.
@@robertmeyers3640 You talking about a condo as an investment, and so high housing prices are good for you. For people who don't already have housing, high housing prices excludes them from the housing market.
@@langhamp8912 I p 7 million housing units short MAINLY because millennials and genz won’t do physical labor and units can’t get built. Look in the mirror
@@langhamp8912 That condo was my home for 22 years and for a good part of the time it was more expensive on a monthly basis than it would be now.
Shit i just got denied a loan for 130k for a mobile home that i would put down 20k and have two incomes in ca make 70k together 😂😂😂 and im paying 2300 in rent the mortgage would be 1800 total with space good old American dream
It’s crazy. I have heard similar stories. Sadly things are only going to get worse now.
@@elviscobb5922 yeah and I would drive an hour to work because it's a city that's out my area and nobody really moves there and if you do you'll drive out for work so IDK what's the problem my credit it's 680 and my parents was 740 they really didn't give us an explanation but a loan officer said it'll be easier to get a house with that type of scenario but the house out here are not in the sub $300s
It seems very wrong to use a manipulated picture of the president of Chile (Amazon guy) and other politics (Meta and MS) 😡
The irony of ads to buy more crud you don't need at the beginning of a video about how we're all broke🤔
Why is the President of Chile in the cover of this video? And former candiate and an ex minister?
the guy in the thumbnail with the Amazon box is now the president of Chile.
Middle class is $125K-$150K. The ones who make $50K are struggling. The ones who make $30K or less are in serious need...
I’m assuming you are taking household income and not individual income.
My mother closed my S.S.I now I’m unemployed and broke😖😭
Tiny homes used to cost under 50k now they are over 100k what a regular sized house used to be in Atlanta in 2004.
So true
Who believes "the average salary for an Amerikan Worker is $59,384"? Anyone?
Maybe in Spokane
Daffy Duck. But he's only a cartoon. 😳
It's $42,000 a year and falling.
Bezos, Musk, and all the rest absolutely destroy any meaning for those numbers. Otherwise they'd use weighted averages.
Middle class is over 100,000 at this point, nevermind 75,000. And if you have kids im not sure how you would afford them if you make under 100,000.
Move to DC area. More high income jobs vs the cost of a renovated bedroom bathroom suite on bus stops. Easier to get richer faster.❤