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We've somehow built extremely fragile systems. Technological, yes, but not only technological. Also social, economical, and structural. Somehow, our systems can
by RainyDayTmrw 1y ago
We've somehow built extremely fragile systems. Technological, yes, but not only technological. Also social, economical, and structural. Somehow, our systems can no longer absorb even slight shocks.
Then, when the job market contracts by what would otherwise be 5 or 10 percent, all hell breaks loose, and there's an enormous chain reaction.
- Bolwin 1y ago[dead]
- BriggyDwiggs42 1y agoI like this answer. Any theories on what caused the shift?
- agos 1y agois "late stage capitalism" too broad of an answer?
- toonalfrink 1y agoToo vague yes
- RainyDayTmrw 1y agoMisguided efficiency, perhaps. Good systems have slack to absorb variance. Squeeze out too much slack, and the next big shock takes down the whole system. Add to that incentive misalignment rewarding the wrong type of efficiency, perhaps.