The pace of technological change and innovation was always going to slow down this decade. But Covid, Ukraine and a decoupling from Russia/China has further slowed it.

You need three things in abundance to create tech. First an advanced economy, which narrows down most of the world. Second you need lots of capital to burn while you make said advances. Finally you need lots of 20 and thirty something’s who will invent and develop the tech.

For the last 20 years we’ve had all of those conditions in the Western world. Boomers were at the height of their earnings potential and their kids were leaving home in droves letting them pour money into investments. Low interest rates abound because capital was looking for places to be utilized. China was the workshop of the world building low to mid range stuff allowing the West to focus its excess Millennials age workforce on value added and tech work.

Now in the USA boomers are retiring and there aren’t enough GenX to make up the difference. Millennials and finally getting down to household creation or their oldest cohorts (Xennials) just now entering into their mid 40s and starting to move up in their careers but they probably still have kids to support. So it will be some time before capital becomes plentiful again. Gen Z is large but they aren’t enough to back fill the loss of Millennials.

Ohh I made a point to highlight that this was a US demographic phenomena. Europe and Japan do not have a large Millennial or GenZ populations to replace their aging boomers. We have no modern economic model to map out what will happen to them.

China is going through a demographic collapse worse than what you see in Europe or Japan. Only they aren’t rich to compensate add in the fact that they decided to antagonize their largest trading partners in the West causing the decoupling we are now seeing.

The loss of their labor means the West has to reshore or find alternative low wage markets for production and expend a lot of capital to build out the plant in those markets to do so.

Add on top geopolitical instability of the Ukraine and you have a recipe for slower tech growth.

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Stay strapped or get clapped. 👏

Some people like electric cars, some people like rice burners, some like euro engineering while others want a good old fashioned American V8. It’s all relative.

Wasn’t Bulgaria, but cool cars and trucks are one of the universal things that make most men instant bros even when they are from different cultural and ethnic backgrounds.

Humans don’t have a modern economic or social model for what is about to happen to most of the developed Western world as well as Russia and China.

Having a smaller cohort of young people means less consumption, fewer children being born. Before you get your dander up screaming about how great that is for the environment. Just remember that fewer young people means the pace of technological change is likely to slow down, there will be fewer young people to support a larger elderly population which will likely mean higher taxes and yet fewer children.

Japan has been going through this process for years. However they were a single developed country in a sea of developed countries that had rising working aged populations. They offshored production to countries with labor pools and were able to position themselves very well because of that. That is not the scenario the rest of the developed world will face.

The world will likely be a very different place in 20 years. Nations historically held together with ethnic majorities that have passed the point of no return to repopulate may no longer exist in that span of time.

Lol, you are full of shit. I’ve never seen otherwise stoic European men light up with smiles and point like kids, than when an old 70s C3 Corvette let its v8 sing and went ripping through one of the streets in an Eastern European capital.

I tried reading this article but it just repeats points it already made and expands upon definitions to the point that it seems pedantic.

This looks like a AI written article that was never edited by a human. I’d advise skipping it.

Also fuck Crypto Bros.

I can see why Brexit was soo popular back in the day.

Commissioned by the Arab American Institute (AAI)

Props to the author, for putting this in the first sentence of the article letting me know so don’t need to read any further.

I can’t pinpoint when Reddit died in my eyes. But I can say the long road to where it is today started with Reddit Gold.

Reddit Gold was a minor change that didn’t do much of anything besides offer a way to collect money directly from the user base. But it was the start of monetizing the site and every decision by Reddit management after that point furthered that monetization at the expense of everything else.

Halt? They need to pump them numbers up.

Groups say a lot of things that make no sense.

I agree, but this whistleblower needs to leave the state ASAP and let his lawyers fight it out in court. The Desantis regime has a long history of using law enforcement for intimidation and retaliation.

https://en.m.wikipedia.org/wiki/Rebekah_Jones

Not when you have the mystery mousekatool on your hip… It becomes an adventure.

It’s your choice, you can be packin or you can be lackin.

lol, that dude isn’t scared of cities. He’s packin hoping someone starts shit.

Any individual who make blanket comments about whole sections of society will loose my respect pretty quickly.

Substitute women, blacks, Asians, Latinos, the Dutch, and just about every other subsection for the word “male” in that statement and this thread would be having a completely different conversation.

Garbage low information and delusional post. I’d suggest anyone visit to move on.

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