The Part You Can't Download
America has lost two hundred thousand jobs in media, film and the arts in four years. The clearest evidence is not a jobs number. It is that the rooms are still full.
AIeconomycultureHacker Newsfield-notes
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Sticky Raises, Shrinking Paychecks
A new University of Chicago / ADP paper answers the puzzle that has been nagging the US economy since 2021: why did people stay so angry about inflation long after it cooled? Because 37% of workers ended the four-year stretch with permanently lower real wages.
economyfield-notes
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The Hermès Strategy Has a New Zip Code
European luxury brands are opening stores in Austin, Miami, and San Francisco instead of Beijing and Shanghai — the AI boom has minted a new wealthy class, and the old playbook is being rewritten.
AIluxuryeconomyculturewealth
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