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The Big Money in Today's Economy Is Going To Capital, Not Labor

Slashdot.org - Tue, 02/10/2026 - 10:00
The American economy's most valuable companies are now worth trillions of dollars more than their predecessors were a generation ago, yet they employ a fraction of the workers -- and a new analysis by the Wall Street Journal argues that this widening gap between capital and labor is the defining economic story of our time. Labor received 58% of gross domestic income in 1980; by the third quarter of 2025, that figure had fallen to 51.4%. Corporate profits' share rose from 7% to 11.7% over the same period. Nvidia, the most valuable US company in 2026, is nearly 20 times as valuable as IBM was in 1985 in inflation-adjusted terms and employs roughly a tenth as many people. Since the end of 2019, real average hourly wages have risen 3% while corporate profits have climbed 43%. Household stock wealth now equals almost 300% of annual disposable income, up from 200% in 2019. Yale economist Pascual Restrepo predicted that AI integration will shrink labor's share of revenue further, just as factory automation did for blue-collar workers in decades past.

Read more of this story at Slashdot.

A simpler way to remove explicit images from SearchA simpler way to remove explicit images from SearchProduct Manager

GoogleBlog - Tue, 02/10/2026 - 09:00
There’s a new, simpler way for people to request the removal of non-consensual explicit images from Search.There’s a new, simpler way for people to request the removal of non-consensual explicit images from Search.
Categories: Technology

Stay in control of your personal information onlineStay in control of your personal information onlineProduct Manager

GoogleBlog - Tue, 02/10/2026 - 09:00
Results about you tool now helps you find and request the removal of Search results containing your government-issued IDs.Results about you tool now helps you find and request the removal of Search results containing your government-issued IDs.
Categories: Technology

NYC Private School Tuition Breaks $70,000 Milestone for Fall

Slashdot.org - Tue, 02/10/2026 - 09:00
The top private schools in New York City plan to charge more than $70,000 this year for tuition, an amount exceeding that of many elite colleges, as they pass on the costs of soaring expenses including teacher salaries. From a report: Spence School, Dalton School and Nightingale-Bamford School on Manhattan's Upper East Side are among at least seven schools where the fees now exceed that threshold, according to school disclosures and Bloomberg reporting Fees among 15 private schools across the city rose a median of 4.7%, outpacing inflation. Sending a kid to New York private school has always been expensive, but the cost now is so high that even those with well-above-average salaries are feeling squeezed. Prices have risen dramatically in the past decade, up from a median of $39,900 in 2014.

Read more of this story at Slashdot.

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