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Ambolia an hour ago

We saw during Covid that many jobs are not needed. And we may be heading to energy lockdowns. Companies could lose a lot of valuation or just use the "AI is doing everything" excuse.

throwaway7356 40 minutes ago | parent | next [-]

> And we may be heading to energy lockdowns.

Energy lockdowns have always been part of US culture, see https://en.wikipedia.org/wiki/Rolling_blackout#USA

It's un-American to invest in infrastructure and build a better power network. Both parties agree on this.

vintermann 25 minutes ago | parent | prev | next [-]

Not needed for what?

What jobs are "needed" by the economy is a function of who has the money. There's no measure of efficiency, or redundancy, that isn't relative to a specific distribution of wealth.

esikich 10 minutes ago | parent [-]

Lots and lots of middle management and HR jobs (off the top of my head) are absolutely 0 value add and definitely just leech off of actual labor.

someonebaggy 33 minutes ago | parent | prev | next [-]

Energy lockdowns are already here in other countries like Pakistan. They're conserving oil for important uses only.

unglaublich 39 minutes ago | parent | prev | next [-]

The majority of working hours are not needed. The only purpose is to play along in the game of capitalism and be good little consumers. It's mostly social benefits with occupational therapy.

chicken-stew 27 minutes ago | parent | prev [-]

  energy lockdowns
Rationing.

Another item from the soylent green checklist.