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People have decent enough access to fiat already. Certainly better than what our parents and grandparents and so on went through. What’s absent is the foresight
by wait_a_minute 3y ago
People have decent enough access to fiat already. Certainly better than what our parents and grandparents and so on went through. What’s absent is the foresight to think about the future with wisdom. People are in party mode for too long and think life is just about single life living or an endless consumption-based vacation type of experience.
We require a return to maturity and responsibility and clear, focused thoughts across the board. We need to have higher standards for truth and accurate information and accurate statistics. We need less climate fear-mongering and doom-scrolling. The world and civilization are not ending yet many youth are blasted by endless propaganda and negativity from a young age.
We need to be smart and fixated on what’s true again, in all areas. Truth over lies and truthful statements and processes over half-truths or lies.
So it’s a values and wisdom thing, which has been absent or pulled out from beneath people by the sudden subversion of reasoned and nuanced thinking by easy access to qualitatively cheap information and sound bites.
I think the appetite for nuance will come back and this will represent a return to truth and consequently to more emphasis on family and especially the nuclear family.
- hotpotamus 3y agoI suspect wisdom is not having children when you can't afford to take care of them. Just ensuring that my own medical care is met is a challenge - to add a couple kids to that equation is a terrifying notion. School and housing certainly haven't gotten any cheaper either.
- wait_a_minute 3y agoThere are always exceptions and it’s fine if wisdom leads someone in this direction. I believe those costs will decrease in real terms with time. Note that we were also higher up discussing staying home longer precisely to facilitate more affordability for the individual, an additional 3-5 years saving and investing into career and skills will help most individuals in this area significantly if they can do it.
- hotpotamus 3y agoI don't believe costs will decrease because they never have in my lifetime, and I don't think I can be called a young adult any more. I'd be happy if they did though.
- wait_a_minute 3y agoConsider the implications of advanced robotics and materials science on the cost of producing anything. The trend is an exciting reduction to $0 marginal cost. It will still take time but one can see it starting to unfold gradually already.
- hotpotamus 3y agoI believe the implications are mass unemployment, but given that I've seen approximately zero progress in robotics in my adult life (I guess the robot vacuums are a bit better than my Bush-era Roomba), I suppose the burger-flippers will be employed a bit longer. I don't really know if that's a win or not. While Star Trek was indeed an interesting exploration into a post-scarcity society, the more I've grown up, the more I've realized it's just nerdy fantasy; there's little grounding in actual science there.