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That was the scariest and the most unsettling thing I've seen for a while. Don't take me wrong -- we're at a great spot now. But can this continue? Or at leas
by vardump 11y ago
That was the scariest and the most unsettling thing I've seen for a while.
Don't take me wrong -- we're at a great spot now.
But can this continue? Or at least remain? Or can the same forces that brought exponential growth eventually cause exponential decline?
I just don't think exponential growth and stability go hand in hand.
- zurn 11y agoGDP will become increasingly diverged from technological progress and standard of living I think, though it's quite a poor metric even now. Mobile phones getting internet access doesn't show up for example. Software mostly shows up as productivity improvements, advantages in the personal sphere are ignored. Economic gains from growth increasingly going to few oligarchs doesn't show up either. Even longer life is interpreted as a minus: Longevity and longer retirements show up as expenses.