> If you are looking for a sympathetic ear to explain this phenomenon, certainly do not seek counsel from your local economist

Funny, considering this is an article by an economist. But, isn't "psychology" responsible for investigating this?

> It’s probably not just about phones and social media

The other reasons were eliminated with confidence. This one comes with a "just."

Is it really improbable that "The Sadness" isn't just phones/SM/etc? These do act on core levers of happiness, optimism, anxiety and suchlike. They are social or social-like. Our relationships are big levers on happiness. Otoh you can think through a crude neural stimulus lens. Being someplace noisy, dark, unpleasant or whatnot can also affect mood. Tech usage is pervasive enough that it can plausibly be the factor. It's uncertain, but I don't think this can be eliminated as a possible cause... even a singular cause.

It's also parsimonious (I think) with the anglophone stats,"permapandemic theory"and most of the article.

I'm actually intuitively sympathetic to the writers' economics argument. I agree. Structurally, there is a structural difference between a "chill" economy and a "highly stressful" that isn't much related to GDP (or inflation). I don't think stratification or inequality affect people as much as risk/anxiety... I imagine average happiness will be higher.

But... as this article itself points... the evidence is kind of pointing at "it's not the economy, stupid"

Luckily (or tragically, as the case may be), I think we're at the start of a new media paradigm shift. AI may replace current mediums in large parts of people's lives... and we shall see what changes.