In 2002, Maine became the first state to implement a statewide laptop program to some grade levels. Then-governor Angus King saw the program as a way to put the internet at the fingertips of more children, who would be able to immerse themselves in information.
By that fall, the Maine Learning Technology Initiative had distributed 17,000 Apple laptops to seventh graders across 243 middle schools. By 2016, those numbers had multiplied to 66,000 laptops and tablets distributed to Maine students.
King’s initial efforts have been mirrored across the country. In 2024, the U.S. spent more than $30 billion putting laptops and tablets in schools. But more than a quarter-century and numerous evolving models of technology later, psychologists and learning experts see a different outcome than the one King intended. Rather than empowering the generation with access to more knowledge, the technology had the opposite effect.
I’m unsure of what you’re arguing here. Walmart continues to grow, Doordash has healthy growth, McDonald’s is still growing despite price increases, subscriptions are growing, micro transactions, cbd companies… I can literally keep going. The need to scroll and consume has hit gen Z hard and despite no “disposable income” they’re somehow pushing profits up along with any other struggling person. These minor comforts are big business.
Retail consumption isn’t growing? Buddy…
They like to confidently make a lot of bold claims that are very easy to refute by looking at a simple chart.
These are a handful of exceptions to a sweeping 15 year trend.
The following retailers in the United States and Canada have all either closed or announced plans to close large numbers of retail locations, since 2010, deemed a “retail apocalypse” by media, accelerated by both the increase in online shopping and by the COVID-19 pandemic.
So brick and mortar consumer retail is being killed off by online consumer retail…and you are interpreting this as all consumer retail is failing? Are you just not arguing in good faith, or are you that donkey brained?
Online shopping is retail but semantics… I guess the businesses that aren’t on your list are showing profits made by ghosts then.
Amazon’s data center revenue — primarily from its Amazon Web Services (AWS) business — has grown faster than its retail sales in recent years, reflecting a strategic shift toward high-margin cloud infrastructure.
Some of this is governmental. But a big chunk is functionally a circular network of business spending. Microsoft pays Amazon a dollar. Amazon pays NVIDIA a dollar. NVIDIA pays Microsoft a dollar. Ad Infinium.
And yet their retail sales are still growing year over year at nearly 10%.
Except for at the retail venues that failed, of course.
Lol, it’s like someone built an AI powered by the brains of goldfish. We were talking about Amazon. Which has been growing around 10% year over year, taking over the business of retail venues that have failed.