alt Hacker NewsSounds like influencer nonsense to me. Touch grass. If the people are fed and housed, there's no collapse. And if the billionaire class lets them starve, they will finally go through some things just like the aristocracy in France once did. And I think even Peter Thiel is smarter than that. You can feed yourself for <$1000 a year on beans and rice. Not saying you'd enjoy it, but you won't starve. So for ~$40B annually, the billionaires buy themselves revolution insurance. Fantastic value.
OTOH if what you're really talking about is the long-term collapse in our ludicrous carbon footprint when we finally run out of fossil fuels and we didn't invest in renewables or nuclear to replace them, well, I'm with you there.
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>You can feed yourself for <$1000 a year on beans and rice. Not saying you'd enjoy it, but you won't starve. So for ~$40B annually, the billionaires buy themselves revolution insurance. Fantastic value.
You are the epitome of the tech bro.
Peter Thiel might be smarter than that but I’m not sure about the other ones.
Look how Musk treated the Twitter devs or Bezos any of his workers or Trump anybody.
>Sounds like influencer nonsense to me. Touch grass.
I don't even know what this means.
The worst unemployment during the Weimar Republic was 25-30%. Unemployment in the Great Depression peaked at 25%.
So yeah if we get to 45% unemployment and those are the highest paying jobs on average then yeah it's gonna be bad. Then you add in second order effects where none of those people have the money to pay the other 55% who are still employed.
We might get to a UBI relatively quickly and peacefully. But I'm not betting on it.
>finally go through some things just like the aristocracy in France once did.
Yeah that's probably the most likely scenario, but that quickly devolved into a death and imprisonment for far more than the aristocrats and eventually ended with Napoleon trying to take over Europe and millions of deaths overall.
The world didn't literally end, but it was 40 years of war, famine, disease, and death, and not a lot of time to think about starting businesses with your laptop.