alt Hacker NewsYikes. Good to know that labor shares used to rebound after crises, but since the 2000s and the dotcom bubble it has basically been downhill only. So don't expect any of this to get better unless we roll back technology to the last millenium.
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> So don't expect any of this to get better unless we roll back technology to the last millenium.
Where do I sign this petition?
In general, though, I'd be perfectly fine with time being frozen in ~August 2001. Was it perfect? No. Was it better than where we are and looks like we're heading? Yes. Without a doubt.
Not technology - that's only downstream of politics.
No political administration in my lifetime (!) has made policy decisions against the interests of tech monopolists. The closest we got was Lina Kahn's FTC.
Technology isn't the problem. The problem is the generation in governing power through the last 2 decades has no problem burning down the country's future to maintain lavish retirement funds for themselves.
It's not the tech but who sees the benefits. The issue at play is the monopolization and concentration of power.
Ie, why can one guy who is insanely wealthy due to stock valuations take loans against that to pull various levers of power. We didn't elect him, we need a way to control that outsized influence.