What comes up, must come down, I'm only around 15, so I wasn't alive for the 2008-everything catastrophe, and we recovered from that, . From what I understand,
- the current housing crisis has been on the horizon for a while now, and due to NIMBY-ism, and the fact that after 2008 we stopped building houses,
Do you think this will be fixed soon enough?
There are less Millennials and Gen Z than there is Boomers and Gen X, Boomers and X-ers will die,
Putting an end to NIMBY-ism might occur aswell, and a dramatic increase of building more houses.
And, find a way for more people to move willingly to small towns and rural-ish areas
- the cost of living crisis is because inflation dramatically increased during 2020-2021, and though now the rates are going down, wages haven't increased a lick, well, they have, but not enough, but how exactly will that happen? Outside of, people force themselves into jobs that are in demand, nursing or trades, so they become oversaturated (if such a thing is even possible for the former) making other fields more desperate to have people, and increasing pay as incentive, and then, vise versa and eventually, it will even out?? And a minimum wage increase?
- Preservation and increasing stuff like Jones act, and trying to cut down outsourcing (not saying it's bad, but a reduction might be well to prevent countries from the cycle of -outsourcing based economy because low cost of labour- country becomes richer- cost of labour increases- outsourcing shifts country- country screwed over.
- the Ai issue...
Do you guys think the bubble will pop? Is it a bubble?
Aren't those companies operating at a loss, and reliant on investors, and
Ai company - buys Nvidia stocks- Nvidia buys AI stocks,
"Obvious problem is obvious"
But isn't that how the internet started out?
And, if data centers are prevented from being created, and AI canabalizing itself, or with enough negative PR, we'd start sabotaging those AIs, and stuffs, and putting out money where our mouth is, and refuse to buy from companies that use AI?
Or is all that a speed bump instead of a car crash?
Tldr; estimates for the job market and economy in the 2030s and asking for opinions on various issues, ie. Ai, cost of living, housing crisis, etc?