Wednesday, June 10, 2026

Greed Broke America, Not AI: Why Corporations Are Pricing Themselves Out of Business

In this timely video, Vanessa WingĂ„rdh argues that corporate greed—not AI job displacement—is the real culprit behind America's economic struggles. With examples like $7 Doritos leading to sales crashes and price cuts, rampant shrinkflation, overpriced mediocre restaurant meals, Pizza Hut closures, concert tour cancelations, and surging corporate bankruptcies (highest since the Great Recession), she shows how years of price gouging, product shrinking, and wage suppression have left consumers broke and unable to spend. Even as companies post record profits and CEOs see massive pay hikes, demand destruction is hitting hard—proving that an economy where wealth concentrates at the top simply doesn't work for sustained business success.