The cost of living in the UK is getting out of hand, strikes across almost every major sector and an ever-weakening pound are making it increasingly difficult for people to make ends meet. The cost of essentials like food, housing, and travel have all increased significantly over the past few years. Energy bills are also rising, due to increases in the cost of electricity and gas. In addition, taxes have been hiked in many areas to help fund public services and infrastructure. All of this means that many people are struggling to keep up with the rising cost of living in the UK.

Compared to other countries with similar economies, the UK is one of the most expensive places to live in Europe. The average salary for a full-time worker in the UK is around £30,000, but this amount fails to cover basic living expenses. Rent alone can take up to 50% of a person’s income, leaving them little money for other necessities. Other costs such as transportation, food, clothing and entertainment can also add up quickly and leave people struggling to make ends meet.

The UK government has taken some action to try and alleviate the cost of living in the country. One measure has been to freeze public sector pay for several years, but this has done little to help those struggling with high costs of living. In addition, recent tax hikes have had an adverse effect on many people’s disposable income. Despite these measures, the cost of living in the UK continues to rise at a faster rate than wages and inflation.

The most efficient way to get the UK economy back on track is to promote and encourage job creation. This would increase the number of people in work and help to stimulate the economy. The government should also look at reducing taxes and increasing wages in order to make life more affordable for people. Finally, the government needs to invest in public services such as education and healthcare, so that people can access these services without incurring large costs.

To summarise the cost of living in the UK is increasing at a faster rate than wages and inflation. This has made it increasingly difficult for people to make ends meet and keep up with their bills. The UK government needs to take action to reduce taxes, increase wages, and create more jobs in order to help people cope with the rising cost of living. Additionally, they should invest in public services such as education and healthcare, so that people can access these services without incurring large costs.

Human Observations

  1. Starting the blog post off with an opinion on the cost of living, the AI worked well to generate contexts around the economic situation. Also explaining the cause and effect around the situation.
  2. Explanations with metrics and statistics really give the generated text a powerful argument
  3. The AI can solve problems answering big questions, giving a solution which adresses key factors around the problem
  4. Trying to generate a summary of the text above the last paragraph did not work well, there was a bit of repetition. But there is a way to generate better summaries, I need to learn how to set that up.

Stats

  • Input text:

    • The cost of living in the UK is getting out of hand, strikes across almost every major sector
    • Compared to other countries with similar economies
    • The most efficient way to get the UK economy back on track
    • To summarise

  • Model: Davinci III

  • Cost: $0.008 (#Tokens x 0.02/1000)