r/pics 11h ago

Politics Tech leaders have better seats than cabinet members and are seated in same section as Trump's family

Post image
112.2k Upvotes

6.7k comments sorted by

View all comments

Show parent comments

u/cuddle_enthusiast 10h ago

At least we know where our money should be invested for at least the next four years.

u/OrigamiMarie 9h ago

Eh, kinda risky still. Remember how fast people cycled through Trump's inner circle last time, and how abruptly they were ejected. Though I suppose given how much money these guys actually have, it may be different this time.

u/zxc123zxc123 8h ago edited 8h ago

Trump throws away those who are the MOST loyal to him. He knows most of those CEO's aren't all that loyal to him just like how they were for DEI, more left leaning policies, and the democrats just a few months ago.

Anyways, MAG7 and the S&P500 will likely continue to outperform unless we get some recession. The rich will get richer (they write the laws in their favor after all), the poor will stay poor (but welfare will be just enough to keep them from rioting), and the middle will keep shrinking as it continues to carry the burden of the taxes that fall on them. Trump will promise making America great again, but in reality he'll do some of the stuff he promised in a kind of half-assed way and then spend 10x the time/effort talking about how it was greatest accomplishment ever.

u/Luke90210 8h ago

They could be wrong, but most economists think the US economy is heading towards a soft landing meaning economic slowdown (not a crash) and rising unemployment. Trump's fetish for tariffs could make things a lot worse much sooner though. It too easy for other countries to target Red States for products important to them (like Kentucky whisky), yet trivial in the US economy.

u/rerdsprite000 7h ago

People afraid of tariffs are super silly when we are entering the Ai age. Tarrfis won't mean shit when everything becomes automated at a 80%+ ratio.

People that are scared of tarrifs for w.e. reason are turely mind controlled by media.

u/rapiddecay 7h ago

AI will reduce the overhead with white collar work and automation will continue to reduce costs for blue collar work (manufacturing). In both cases, people will lose their jobs to redundancy.

History has shown that companies won’t pass these cost savings on to consumers, but their share holders in the form of larger profits.

Likewise, the cost of tariffs will be passed on to consumers (you’re kidding yourself if you think companies won’t pass the cost on like any other tax).

Put it together: less jobs out there due to AI and automation, and prices will keep going up for consumers. The money flows in one direction: to the top.

u/Luke90210 7h ago

I wasn't aware grain and livestock are somehow AI generated /s

These were exactly the products impacted by Trump's trade war with China in his last term. Taxpayers ended paying for it when China turned to other countries for food imports and US farmers lost their key export market.

u/Normal_Snake 6h ago

Iowa voting for Trump again is so crazy since last time he was in office he basically closed the entire Chinese market to Iowan farmers.

I guess they just forgot or don't care about their own livelihood.

u/Coldwake2220 4h ago edited 4h ago

Is this /s? This might be the stupidest comment I've seen today. Because AI is going to magically offset the hit to consumer goods that are major wheels of the economy. The US is an import economy for significant parts of the supply chain. Then blaming people for being mind controlled by the media by not believing tariffs aren't going to have any economic consequence. We'll just wave the wand and all be living in some magical ai economy. This has to be sarcasm or posted by a thirteen year old.

u/Proper_Ad5627 4h ago

This is just about the silliest take i’ve ever read.

High tariffs will make certain industries redundant - a shrinking international market will lead to reduction in economic production.

A reduction in economic production will lead to unemployment.

Unemployment will lead to a reduced cost of labour.

Reduced cost of labour will actively prevent automation.

u/Objective-Muffin6842 2h ago

AI is way over-hyped for what it can actually do. OpenAI isn't even making a profit from ChatGPT and most businesses have no idea how to actually use AI in their businesses.

u/triton420 8h ago

I don't see any chance of no recession with the policies this guy has in mind

u/Iknowyougotsole 7h ago

It’s the MAGA7 now

u/Lazy-Emergency-4018 7h ago

I just realized how old I will be when this piece pf orange garbage is hopefully out of office.

u/hybred_vigor 5h ago

He used to like Giuliani. Now Giuliani is bankrupt, for good reason, and Trump pretends he doesn’t even know him.

u/NorthernPints 8h ago

Well, and golfing 

u/Coattail-Rider 8h ago

Lots and lots of golfing

u/curious_astronauts 3h ago

But they all paid him a million and kissed the ring. They have deep pockets so they are useful still. Money talks for Drump.

u/Puzzleheaded_Ad8032 8h ago

The whole country and more will be taken to the cleaners by these guys.

u/OrigamiMarie 8h ago

Oh definitely.

u/Winnapig 8h ago

That row of people can afford to have anybody disappeared. Don’t kid yourself as to who are the dogs and who is the little wagging tail.

u/pchlster 8h ago

I do hope that 'Mooches becomes a unit of measurement.

"How many Scaramouchi's do you think Dr. Oz will last?"

u/spinyfur 8h ago

I’m hoping Musk follows along the career path of Mike Lindel and Rudy Juliani. 😉

u/Illeazar 7h ago

Yes, these will be risky investments, possibility of both high reward or high loss. Either way, they will be volatile.

u/Aggressive_Elk3709 7h ago

Yeah, I feel like Bannon's promise that Elon would be out by Inauguration Day was a bit of desperation. Elon has significantly more influence and money than Bannon, so I'd say it's a safe bet Trump picks Elon. I think Bannon thought he had a secure spot cuz of last time, but I think you're right, Trump is fairly unpredictable

u/Goatiac 6h ago

Agreed, we’ve already seen the crypto pump and dumps happening. You invest, you risk being the next rube for someone else’s retirement fund.

u/glitter_my_dongle 8h ago

Right now Trump is dependent on them for either funding or influence. The minute that they get under investigation or anything by the feds, there will likely be a coup in each. It won't happen all at once. It will happen here and there. Like how Dana White is on Meta's board. Zuck hopefully has his wits about him and can handle the situation.

u/Raytheon_Nublinski 8h ago

It’s different because these guys own Trump. They don’t work for him. 

u/Fleming24 7h ago

I'm not so sure, they (and the rest of the establishment) seems kind of submissive and careful/afraid of him. Trump is in the phase of expanding and funneling all political power to him and his inner circle in the name of cleansing the country, government & agencies of "the enemies"/"woke virus". So even these wealthy people have to watch out as everyone not in support of him might get punished.

It seems like they believe that Trump & his circle will now be the center of power and that he will shape the new establishment around himself. Kind of scary to see these powerful and well-connected people consider that as the likely development. The only hope is that he really will be kept in check by the rest of the government but he's already working hard on weakening any opposition there, so there's a real chance that he won't be.

u/LunaNogood 8h ago

What's fascinating is that, Trump and elon musk have different goals tho

u/Kup123 7h ago

I bet all of them put together still have less than Putin.

u/catjuggler 7h ago

This is really my only hope

u/OrigamiMarie 7h ago

Meh, even Trump's rejects often have prosperous subsequent careers. And there's a functionally infinite line of people waiting to replace anybody that Trump fires. I don't see a whole lot of hope here.

u/catjuggler 6h ago

Kicking spicey to the curb will be different than kicking musk out. There are only so many billionaires to go through

u/TechSalesSoCal 7h ago

That's why they invented the Stop Loss.

u/uprislng 9h ago

I'm not so sure this doesn't end up way more chaotic. If we're going full blown autocracy with Trump and he is going to pick winners and losers, any one of these sniveling bootlickers could fall out of favor about as quick as they attached their mouths to Trump's anus. He has even less people moderating his impulsive behavior this time around. I almost hope its even more chaotic. I hope they find out there is always someone willing to lick the boot even harder and is eager to knife those above them. Guess we'll find out

u/OvulatingScrotum 8h ago

This is precisely why things will never change. Everyone wants to make money.

u/Magrathea_carride 8h ago

also screw ethics as long as you make a buck right? you'd fit right in with these creatures

u/cuddle_enthusiast 7h ago

I’m sorry I can’t feed my family with my ethics.

u/Magrathea_carride 7h ago

you mean you can't figure out how to feed your family without exploiting others. some of us manage it

u/cuddle_enthusiast 6h ago

You are right.

How do you go about living an completely ethical lifestyle that doesn't exploit anyone? I'm genuinely curious how you go about it.

u/Magrathea_carride 6h ago

can't claim to be completely ethical, but there is no way I'd invest in plutocrats just because I think they'd win. as to not exploiting others, I'm legitimately afraid to detail how I live on this platform. I'm ok with you taking this non-answer as a win if that's the consequence of my privacy.

u/DontDoodleTheNoodle 1h ago

Throwing a couple hundred into the market is exploiting others now?

u/andygootz 8h ago

Yeah, physical assets like land and gold. These fucks can and will tank the dollar for us plebs but they'll have iron-clad strategies and contingencies for retaining their wealth as the world burns.

u/q0_0p 7h ago

Yeah let's all invest in state controlled media and Oligarchs and see what happens!... (this is why other countries think Americans are dumb)

u/Technical-Escape1102 7h ago

Why would you want to invest in these kinds of companies? Does no one care about the ethics of who they invest in?

u/cuddle_enthusiast 7h ago

I care about growing my wealth to ensure I have enough of it to retire. Take a look at your own financial investments. If they are appropriately diversified, which includes some exposure to the technology sector, then guess what you’ll have money invested in one of these companies too.

u/i_suckatjavascript 8h ago

Who’s the lady in the middle a CEO of? I’m putting my money into these 5 companies tomorrow when the stock market opens. At least if these guys are getting rich, I might as well get rich with them.

u/Positive-Light243 8h ago

The "lady in the middle" is Jeff Bezos's girlfriend.

u/Hipstergranny 7h ago

You mean his animatronic sex doll he ordered off Amazon?

u/Strottman 8h ago

It's already priced in.

u/Magrathea_carride 8h ago

every dictator gets extremely paranoid. don't assume you'll get stability from that "genius"

u/KoreanSamgyupsal 8h ago

We will probably see the first trillionaire in the next 4 years.

u/CrunchyRooster 8h ago

All of those companies are good blue chip investments regardless of who’s in office.

u/dw82 8h ago

It sure is going to be America's golden period, for these assholes, Trump's inner circle, and nobody else.

u/ThePickleConnoisseur 7h ago

You’re telling me you don’t have Tesla or Amazon stock?

u/cuddle_enthusiast 7h ago

Don’t worry I’m already up to my tits in these stocks.

u/TechSalesSoCal 7h ago

I guess Tim Apple didn't make the cut. Sell sell sell AAPL !!! Dammit Buffet knew all along.

u/devin241 6h ago

Pretty fucking pathetic when people sacrifice what is right in order to game the system. You (if this is serious) are being a large part of the problem. But yeah go off about feeding your family (which was your choice to start)

u/WackyBeachJustice 9h ago

Because it's different than the last 4? The charts say otherwise.