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2023-07-19 04:25:37 UTC

pipe on Nostr: It's a logical error, though. We need much more digitization and mechanisation, just ...

It's a logical error, though. We need much more digitization and mechanisation, just to deal with the shrinking, dumbing-down and aging population. Probably need to reduce labor's share of the economy by ¾, or so, and double productivity, just to prevent mass-starvation and keep living standards from completely collapsing.

Otherwise, younger people will have to work so hard, that they will give up on reproducing entirely, like in East Asia.
The interesting part is that there's so many of us in my cohort who won't have kids because we assume that there won't be jobs for them. Admittedly, I'm biased because I've seen my friends in high paying public transit jobs note how train operation went from requiring multiple people to move a subway train to "zero person train operation" in a highly unionized environment like France on a line that dates back to 1900. If that can be automated, it doesn't quite leave much hope for the future.