So we have a crunch of expiring/retiring workers on the senior end and a cutoff of the flow of new talent from the junior end.

They’d better pray that we see automation gains above and beyond what we’ve seen so far or else we’ll be paying the price in a single generation.

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bluefirebrand 2 hours ago | parent [-]

My really big worry is that the people making these choices just do not care about a single thing beyond this single generation

Not a psychologist but my take on most of the wealthy people in the world is they are essentially narcissistic hedonists. They only care about growing wealth as a means to the end of maximizing the amount of fun they can have and to keep their egos happy that they have the most.

They don't seem to care about the future at all

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ofjcihen 2 hours ago | parent | next [-]

You’re probably not wrong. I’ve gone from being essentially destitute as a child to what people would call “well-off” and having the context of both experiences is…eye opening.

I have moneyed acquaintances now that I never would have had before. For some of them the mere hint of their income being reduced in any way is enough to send them into spasms. These are people with enough money for their next 3 generations to live off of. Luxuriously.

I just don’t get it.

	▲	bluefirebrand an hour ago \| parent [-]
		I had a similar trajectory to you. Not destitute as a child but my family was lower class. Pretty well off now though I have a rough idea of how much it would cost me to retire immediately and maintain my life in a way I'm happy until I am 100 if I lived that long I see executives get bonus packages yearly that are more than that number would be for me. Their bonus nevermind their actual salaries. And yet they act like their lives are hard and their jobs are hard. I don't get it either

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an hour ago | parent | prev | next [-]

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georgemcbay an hour ago | parent | prev [-]

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