3 ms·
Past performance generally speaking does not indicate future prospects. I agree with you, but that is only for right now. 7-10 years from now, I see no new te
by trod1234 1y ago
Past performance generally speaking does not indicate future prospects.
I agree with you, but that is only for right now.
7-10 years from now, I see no new tech jobs and the same work shouldered by a decreasing number of people until they vanish with no replacement.
Chaotic whipsaws from disruption or other things can break brittle systems. Resilient systems don't have these problems, but they are only resilient because of their decentralization and lack of single points of failure (SPOF).
Profit through money printing optimizes for SPOFs, and there are no existing incentives that can produce any other behavior. Its a terrible fate of societies which embrace money-printing.