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During the Great Depression there was also an economic collapse with deep decreases in production and consumption of just about everything - except useless prod
by anovikov 9mo ago
During the Great Depression there was also an economic collapse with deep decreases in production and consumption of just about everything - except useless production of what was already overproduced anyway. That could naturally make people depressed, strive for radical changes like Communism, etc.
But we are speaking simply of mass unemployment. That alone is not enough to cause widespread despair.
- verdverm 9mo agoUnemployment is one of the conditions I think a simple question, where do the unemployed eat and sleep during extended, high-unemployment? Are breadlines in 21st century America not a thing you foresee in a 21st century depression?
- benSaiyen 9mo ago[flagged]
- verdverm 9mo ago[flagged]
- benSaiyen 9mo ago[flagged]
- verdverm 9mo ago[flagged]
- benSaiyen 9mo ago[flagged]
- deleted 9mo ago[deleted]
- dang 9mo agoYou also broke the site guidelines several times in this thread, and it looks like some of your other comments (e.g. https://news.ycombinator.com/item?id=46838413 https://news.ycombinator.com/item?id=46838413) have been doing that as well. We ban accounts that do that repeatedly, and I don't want to ban you because some of your other comments have been substantive and fine. Would you mind reviewing https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and sticking to the rules in the future? We'd appreciate it. p.s. I've added more here than I did in my mod comment to the GP because your account is new and I thought the extra information might be helpful to orient to the kind of site we're trying for.
- benSaiyen 9mo agoOh noes! Anyway; will log off another throwaway. Once in a while I get bored and need a social media bump and then remember social media is dystopian af (ignore your own eyes/ears and abide the mods! Their final most important command). Tech bros; helping 2034 be like 1984.
- dang 9mo agoYou broke the site guidelines several times in this thread. That's not good. If you'd please review https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and stick to the rules when posting here, we'd appreciate it.
- anovikov 9mo agoIf there is a plenty of revenue, profits, and taxes paid by businesses - and if there won't be, there's nothing to talk about - it will mean there will be no AI productivity boost - why won't society find something for those people to do? Even if solution is as simple as "conscript men to the army and send them on conquest, and pay women to have children"? Older ones usually have enough investments so in conditions of economic boom => rapid stock appreciation, they will be OK.
- benSaiyen 9mo ago[flagged]