It’s not going to be the end of the world but it could easily be economically devastating.
Most millennials can tell you that you can live a quality life with fewer resources, it's just that people will have to do unspeakable things like riding a bicycle instead of driving an SUV to places like the grocery store.
If we are concerned with a short-term economic catastrophe, I think our attention should be on the impact of large language models on unskilled and semi-skilled labor.
By this I assume you mean avoiding moving in with their kid, or facing homelessness?
This results in people who are in their declining years having to supplicate themselves if they want to avoid ruin.
That's inhumane. Means testing is a way to throw away massive amounts of money on administration, instead of sending it where it needs to go, in order to help the citizens.
Means testing shouldn't be required to receive benefits when you retire.
I’m sure you’re qualified to make such a bold and conclusive statement about an unprecedented global financial crisis.
What we’re talking about is inherently a recession greater than any recession in world history, if you’re arguing such a thing won’t be devastating to economies then you need more than “people will just have to ride bikes instead”.
Seriously, I’m open to the idea that it won’t be as bad as some people claim, but you seem entirely unqualified to put forward such a case, and given that, it’s extremely frustrating how you speak with such certainty.