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vonneumannstan 5 hours ago

>Maybe they see through the hype and hustle culture and are more interested in working towards fulfilling lives and jobs.

By living like recluses, doom scrolling Tiktok and gambling on Kalshi all day? Lol. They're hardly saints.

bobson381 5 hours ago | parent | next [-]

This is largely escapism because the current paradigm of growth is ending, rather messily. The definition of living well is going through a forced change, and adjusting is hard.

JumpCrisscross 4 hours ago | parent [-]

> the current paradigm of growth is ending, rather messily

There is zero evidence for this time being different. Instead, there is evidence of zombie leverage and corruption coming home to roost while the global growth engine shifts towards China.

bobson381 3 hours ago | parent [-]

it is the first time we have harnessed all of the energy on the planet at once to power a single interconnected advanced system across continents. Mostly I'm drawing from a thermodynamics outlook[0]. previous collapses had unused high quality energy in other areas to fall back on. I'd love to read more about the growth towards China being sustainable in that sense.

[0] https://youtu.be/5WPB2u8EzL8?si=doERoIYuYZYHLAAZ

JumpCrisscross 3 hours ago | parent [-]

> first time we have harnessed all of the energy on the planet at once

How are you defining “all of the energy on the planet”? By conventional definitions, no, we harness a tiny fraction of even just insolation.

bobson381 3 hours ago | parent [-]

Hmm. Mainly that access to much larger quantities of energy than before in the form of oil/coal/gas enabled the creation of a much more complex system than before, with a higher metabolic need.

Ongoing servicing of that metabolic need requires continuous access to the same or greater amount of energy year after year. The world burns through its annual resource budget in July this year.

As we continue to extract more and more, the energy return on energy invested goes down, so net energy availability drops, making it harder and more expensive to continue the current basal metabolic rate, let alone fueling continuous growth. Because so much is built atop the energy mechanism, instability happens when it's threatened or changed.x

So maybe a better turn of phrase would have been that it's the first time we've harnessed so much energy at once and effectively put a lot of energy slaves to use per each person. Like starting to use fossil fuel to create fertilizer that enables more people to survive famines, you create a scenario where you need ongoing access to the same or greater amount of energy just to keep up. Not saying it was the wrong choice, just that we tend to fix issues by making more complex solutions that introduce future resource need.

JumpCrisscross an hour ago | parent [-]

> the energy return on energy invested goes down, so net energy availability drops

No? EROI going down is like margins going down–that doesn't mean profit stops growing, it just grows more slowly per unit of input.

Lower EROI on a much-larger energy base means we're producing more net new energy today than at any time in history. That would be expected to continue all the way to EROI being close to zero. Until EROI is negative, you wouldn't expect to see net energy availability drop. But we have no foreseeable place where that's the case given solar panels exist.

malfist 5 hours ago | parent | prev | next [-]

College students totally have the capital to gamble all day on kalshi.

vonneumannstan 2 hours ago | parent [-]

https://educationdata.org/student-loan-debt-statistics

drunner 5 hours ago | parent | prev | next [-]

Did we blame the kids for smoking back in the day too, or recognize the harm and regulate it out of their lives?

jedimastert 4 hours ago | parent | next [-]

Fair, the youths very much much get blamed for smoking and gambling back in the day as well. Sort of pivotal to the story of Pinocchio, for example

vonneumannstan 2 hours ago | parent | prev [-]

Not blaming anyone just pointing out how the idea that that generation is actually focused on living more meaningfully is farcical.

midasz 4 hours ago | parent | prev [-]

We made that world. There are very smart people who spent their talent making the most addictive social media as possible.

nh23423fefe 3 hours ago | parent [-]

As if being addicted is somehow exonerating. Inverting the valence doesn't work.

midasz 3 hours ago | parent [-]

I think the comparison TikTok and Philip Morris tracks. Both spent insane amounts of money and talent optimizing the bad choices the addict could make.