Well in fairness to WSB, it was really built around loss porn, not sticking it to the hedge funds. So even those people losing their life savings are contributing the to the WSB cause so long as they show off all the red.
While there is absolutely a consumer market for gaming and entertainment, Magic Leap has nothing to offer in that space. The apps store they offer is very limited and it's mostly tours of locations, or design tools for making stuff that works with the spacial dimensions.
They do not have any real games to play that the public at large would find fun for more than an hour or so. Their apps are like PoCs for what you can do with Magic Leap. If FF7R was on Magic Leap, I bet they'd be selling a lot more units and it'd be a great time for them.
Instead, you're better off getting the Oculus or Valves VR where you have tons of actual games to play and support for streaming apps.
There is no way for Magic Leap to capitalize on the consumer purchasing right now, because they don't have a catalog that supports the hardware to any meaningful degree. And they can't suddenly churn those things out in the space of a month since we've been hit with quarantine.
Hmm, Yangs proposal did not eliminate all other safety nets. His program simply made people opt out of one or the other, and encouraged people to stick with whatever paid them more.
The knock on effect is that it'd likely reduce funding for other safety nets because they have an inherent safety net in UBI. But the existing welfare programs are either highly prohibitive or extremely difficult to qualify for and maintain even if you should be using them. UBI eliminates that barrier of entry if you only need 1k a month (using Yangs plan here).
So, yeah, less people would likely use food stamps because they can get more from 1k a month than from 1.2k in food stamps. Most people do not qualify for that much in food stamps as it is. With fewer people using that program, the government would funnel less money to that program, reducing net costs and allowing more money to go elsewhere. Eventually this would likely lead to the end of that program.
This could allow us to create new social programs that are more focused. With fewer people requiring other social safety nets, the new ones that are created would require less funding and can address root cause issues vs symptoms which are what we address today.
Most people just need money. A minority of people using a social welfare programs need something significantly more than just money. We should not leave those people on the street, but Yang never planned on that happening. He proposed a VAT tax to cover the costs. Whether that would actually work or not is debatable, but that was his plan.
counter to that, I was looking at flights yesterday and Google Flights and compared it directly to the airlines prices on their site. I saved nearly a grand.