Housing Market Analysis - Real housing prices, when priced in gold, haven't significantly increased in recent decades [1] - The core issue is the decline in real wages for young people [1] - Offshoring and immigration have contributed to decreased housing affordability [1]

Although Russia’s economy is treading water, its deterioration has not fed through to the labour market. Real wages are at a record high and unemployment is at all-time lows https://t.co/pigEVsijN9 ...

Japanese workers’ real wages dropped by the most since September 2023 as inflation continued to outpace salary growth https://t.co/wXvbH1Yb3l ...

Economic Analysis of Greenville - Greenville's GDP growth has been phenomenal, but real wages have been below the national average since 1970 [1] - Real wages in Greenville peaked at approximately 90% of the national average around 1995 and have been declining since [1] - South Carolina is ranked 47th out of 51 in the country in terms of real wages [1] - Greenville has historically prioritized GDP growth over real wages, according to an AI analysis of strategic plans since 1907 [1] Impact of Artificial Intelligence - Artificial intelligence is accelerating the replacement of labor by capital in production [2] - Tasks within jobs are categorized as either prediction-related or judgment-related, with prediction-related tasks being more susceptible to automation [2] - The concept of a full-stack engineer is evolving to encompass hardware and software expertise [2] - The manufacturing industry is currently in a "between times" phase with AI, similar to the early days of electricity, where the transformative potential is recognized but the specific applications are still unclear [3] Strategic Recommendations for Greenville - Develop innovation labs immediately to explore the next generation of manufacturing (Industry 4.0) [10] - Encourage the creation of new companies focused on AI automation, leveraging the $18 billion invested in early-stage AI companies over the last 24 months [11] - Recruit five of the top 200 AI automation companies (funded with over $10 million each) to establish offices in Greenville [12]