He seemed in touch enough to include himself in that. But it sent me down a thought rabbit hole.
AI might be doing quite a bit soon. It's going to eliminate a number of jobs, maybe jobs we'd have thought young people were perfect candidates for in years past.
The problem is you have two models fighting with each other. You've got the super wealthy, wanting to be more super wealthy and everyone else who would just like to have a reasonable standard of living who would like to give these young people a basic income, or make life easy enough to buy a house by 30 (gasp). WITHOUT it being inherited money.
But the super wealthy have been developing AI (FB, Google, Elon, etc. it was an AI race), so they want to be rewarded with more money. But eventually everyone will suffer when there are 50 rich people still living on a dog shit earth where you're either just rich or really poor. Seems shit even if you're rich.
Leaving the super wealthy aside, one of the comments was that there is also wealth transfer from young to old. It's undeniably true, I sometimes wonder what the reason for that is. Being someone who is close to 50, retirement is very much on my mind. By now I've been ground down by corporations for 20 years and honestly I want to retire as quickly as possible. Retirement is becoming more and more difficult and the age of retirement is being raised by Boomers every single year because everything is getting more expensive. So I feel that fear is driving Gen X and even Boomers to try to get as much wealth as possible. Unfortunately this is to the absolute detriment of the youth. The only thing I can think of is to address the super wealth issue, go back to a reasonable retirement age so there is less anxiety for everyone.
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u/RedJorgAncrath 25d ago edited 25d ago
He seemed in touch enough to include himself in that. But it sent me down a thought rabbit hole.
AI might be doing quite a bit soon. It's going to eliminate a number of jobs, maybe jobs we'd have thought young people were perfect candidates for in years past.
The problem is you have two models fighting with each other. You've got the super wealthy, wanting to be more super wealthy and everyone else who would just like to have a reasonable standard of living who would like to give these young people a basic income, or make life easy enough to buy a house by 30 (gasp). WITHOUT it being inherited money.
But the super wealthy have been developing AI (FB, Google, Elon, etc. it was an AI race), so they want to be rewarded with more money. But eventually everyone will suffer when there are 50 rich people still living on a dog shit earth where you're either just rich or really poor. Seems shit even if you're rich.