Comments by "David H" (@DavidHalko) on "Have We Reached the Limits of Economic Prosperity?" video.

  1. And before vacuum tubes, relays People don’t really appreciate how far we have come in such a short period of time
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  2. The shrink of CPU chips had stalled for a long time. Combining memory & network on the same chip as the cpu had helped keep the illusion of doubling of speed. AI to offer exponential increases in productivity is now possible, but when the AI figures out humanity and living creatures on the face of the earth is slowing things down, that may all come to a rapid end.
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  3. Your concerns are valid, but the blame on boomers is poorly reasoned. Housing permits have been lower than illegal immigration across the southern border since this past election cycle. This has driven the cost of housing higher, for everyone. The increase in humans from unmetered southern US border has depressed wages for Americans. Oil pipelines & infrastructure have been blocked, forcing oil to be moved more by train & truck, raising the cost of transportation for goods, and ultimately creating supply line stresses, since the last election cycle. People are increasingly turning to drugs, which inhibit natural drive & decrease productivity, which reflects in lower wages due to lower efficiency. Covid lockdowns have resulted in many small businesses going broke, replaced by Chinese products shipped directly to our homes without a middleman, and those small business had formerly been drivers for [minority] employment & living wages. Boomers leaving the market place, will not likely help 40-something year olds. People who understand how things work & are not strung out on drugs need to be running things as younger people need to learn how it all works so they can take over when the time is right… and we are the age the boomer are today.
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