Your raise used to go offshore. Then it went to a buyback. Now it’s going to a data center

In this "postmodern" era of finance, traditional methods that once boosted investor wealth are no longer effective, according to Goldman Sachs' global strategist. Employees' raises, instead of increasing their salaries, are now being diverted into company buybacks and data center investments, signaling a shift in corporate priorities. This change matters because it reflects a broader transformation in how companies allocate resources and manage shareholder value, impacting both employee compensation and investor returns. The implications suggest a future where traditional financial strategies may need reevaluation.