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The Guardian - US
The Guardian - US
Technology
Blake Montgomery

The divide: who really profits in today’s economy?

person wearing black shirt and black tinted glasses
Mark Zuckerberg tries on Orion AR glasses at Meta's headquarters in Menlo Park, California, on 25 September 2024. Photograph: Manuel Orbegozo/Reuters

Hello, and welcome to TechScape. I spent the weekend wondering about the insistent feeling in the United States that few but the ultra-rich, even businesses, are making enough money to afford the basics of a comfortable life.

The New York Times published a story recently about Broadway’s rising costs that featured the grim stat: “None of the musicals that opened last season have made a profit.” The shows’ failure to recoup their investments comes even as Broadway tickets are more expensive than ever before. So who is making any money?

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