It also sustains the bubble for a bit longer. I'm genuinely curious/anxious to see when and how the bubble bursts. It could end up being something seemingly trivial or random and completely illogical that finally topples the jenga tower.
> the jenga tower
I am not so sure about these narratives anymore.
Sure, the next step is complete regression to feudalism, but they aren't thinking that far ahead, they just want to take every job in existence that isn't physically turning a proverbial wrench.
Especially after seeing what the “learn to code” movement has brought people into, I can’t imagine those people will just roll over and peacefully enter homeless encampments..
They're largely the ones voting for this.
This has always been a story Americans tell themselves to sleep better at night that has zero relation to reality.
The US is a country that has seen many injustices perpetrated by the government. From concentration camps for people of a certain descent to legal racial discrimination (and slavery before that) to wanton violence by security forces against innocent people (pick your favourite police/ICE/etc murder here).
When have armed Americans ever risen up against a government injustice? Best I can think of is the Oklahoma city bombing and I'm pretty sure that's not what you're all refering to.
You don't need everyone to wake up someday and think "Hey, I think those Jacobins in France had a good point" to have a revolution. You only need a few detonators.
If the societal conditions are ready, nobody can really stop the masses once they are ignited.
* 2 land disputes between federal land management and individuals that thought they deserve more rights over federal land. Hardly fighting against an injustice here, were they
* The BLM protests/unrest started by the murder of George Floyd. I don't recall Americans taking up arms against murderous cops, or anyone, really. The closest to arms taking I can remember is an underage guy going to a protest to "protect" against rioters, getting attacked and killing people in response. Hardly anyone fighting against government instilled injustice with their right to bear arms, is it?
* January 6, where a bunch of mentally challenged individuals tried to overturn the election results at the request of the loser of that election. There was no injustice done against the people in question, and they didn't use their arms against it, they just stormed a barely defended building. One of the shittiest coup attempts of all time, and if anything, for furthering injustice and government overreach than anything else.
So no.
My point is that nobody stands up with arms against injustice in the US.
> The point is that people really do take up arms against the govt all the time
6 times in 50 years, half of which didn't involve any arms? "All the time" might be a stretch.
> that fact has historically had major effects on the conduct of police and politicians
Yes, police have stopped murdering innocent people. Right?
Or a bunch of dudes in the deserts of yemen couldn't defend against a modern military with aircraft carriers, realtime control of almost all communications, autonomous drones and missiles and 5th gen fighters
History and current events seem to be disagreeing with you.
Suppression of populace is vastly different than "trying to beat terrorism" or end resistance in a jungle.
Go take a look at actutal comparable environments, like china, or north korea for how well that goes for the dissenters
The median white collar job in the US (picking it on purpose because it's a country with high wages, your math would be even worse in a France or Italy) is in the $60-70k. Yes you have to add benefits and etc, but we're still pretty far off 150k.
How much tokens does $80k buy you and do you think it's capable of replacing a human's output? For some, definitely. For plenty, I doubt it. Currently token costs are subsidised by the bubble frontier labs and already we're seeing tightening of budgets because it's costing more than expected
They are though! They are literally building castles for themselves already.
Yes, datacentres can be reused for other purposes but dark fibre didn't save the telecom bubble and the utility of train tracks didn't save the railway bubble.