Think about it. Capitalism is awesome if you’re the one who started it. 30-50 years later, its fuck everyone else.
All the great tech innovations happened early on and peaked many years ago. Anything innovative now doesn’t pay, so its onto the grift and theft of data, wages, etc.
Do I understand correctly that you think capitalism started 30-50 years ago? Where? By whom?
I think i was more trying to say that it goes in waves. But it’s always the first people who benefit (ie, type of governance is declared, you buy a few acres of land for 300 dollars, 40 years later that land is worth millions because you were there when the act of buying and selling it started. You’re born 30 years later, fuck you, 1 acre of land is now $400,000.
Of course if you started a business when it was still possible to do so (maybe building a specialty tool with 3 employees) and could buy houses and land off your little business, youd think capitalism is great. That’s not possible in later stages (regulations, and China can do everything cheaper, large corporations will stop you instantly if you challenge them)
You might be interested in Kondratiev Cycle‘s. Those cycles are running 30-50 years. We are in the end phase of the IT cycle and begin of a new one. At the peak of those cycle‘s were always market dominating companies. Many of them were broken up by governments.
I assume the new is about regenerative energy and material production.
This is interesting , thanks for the insight !
Capitalism incentivizes risk-taking, which can be productive when there are potential opportunities that are otherwise too risky to explore.
But after they’ve exploited the productive risk/reward opportunities, capitalists increasingly rely on amplifying the risks—but now the risks are at the expense of the rest of society, while the rewards accrue only to themselves.
You’re writing this from device produced by that filthy capitalism
I agree with the sentiment, but I disagree that technology has “peaked”.
Technology constantly grows, and it’s moving faster now than ever. We won’t see the peak until society collapses and all the systems required to fuel that technology fall apart.
We won’t see the peak until society collapses and all the systems required to fuel that technology fall apart.
We’re currently at a point in history where scientists agree is past the tipping point for global warming, and now data centers are using obscene amounts of water to cool their AI machines.
We have unmarked “government officials”, kidnapping people off the street. Fascism is on the rise world wide.
How is this moment in time not the exact definition of what you’re describing?
I won’t argue with any of that, but I will point out that we’ve thought the end of the world was right around the corner hundreds of times in the past few thousand years, and we just keep going, so, I’m not going to make any assumptions about the end of the world, because 100% of those predictions have been proven false.
There will be more new technology next year, and if we avoid an apocalypse, there will be even more advances five, ten and fifty years from now.
I’m not saying it doesn’t suck, I’m just saying that claiming that technology peaked with the steam engine, when we live in a world where we can send messages across the globe in less than a second is just incorrect.
Meanwhile China is innovating tech.
Yeah but China isn’tthe world, the USA is the world. Haven’tyou seen the movies?!
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I agree probably with medical tech its improving. But is that helping a regular person? Or is it for billionaires who want to live forever ?
Tech for the average has definitely peaked, around 10 years ago id say. Everything now is ad ridden spyware. Cars suck and are ad ridden spyware. Everything is built cheaper and lower quality and unable to be repaired (on purpose), like appliances. Its not profitable to build a good fridge.
Theres almost nothing you cant do on a computer from 2010 that you need to do now, except playing the newest games. And the newest consoles now all require monthly subscriptions to games you dont even own. Just examples.
