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So long as there remain any scarcities of necessities (housing, mostly) improvements in automation and robotics will only be put to use to help us outcompete ou
by CalRobert 4y ago
So long as there remain any scarcities of necessities (housing, mostly) improvements in automation and robotics will only be put to use to help us outcompete our peers.
It's more galling when you realize these shortages, at least of housing, are artificially created in order to make sure people keep working as much as possible.
- BurningFrog 4y agoThe housing shortages are artificial, but there is no organized thought of keeping people working behind it. Mostly just homeowners voting in their self interest, and unintended consequences.
- CalRobert 4y agoThe connection between "I want my home price to go up" and "I want other people to have to work really really hard for me to sell them my home" should be less tenuous.
- eulers_secret 4y agoI have recently given up the notion of ever owning a house: it’s far too expensive. Even with rent increases, I can live in 500 sqft apartments and basically retire in my 30s/40s. If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time. The price of single-family detached homes is so out of line that it is absurd.
- jjav 4y ago> If I buy a house I’ll work until I’m 70. And I’ll be house poor that whole time. How will you pay for the ever-increasing rent on apartments when you're 70 and beyond? Owning a house is short-term pain but allows you to lock in a "rent" (mortgage) which will never increase and will at one point go to zero, hopefully before you retire.