saturn8601 (u/saturn8601)

saturn8601 commented on Generative AI is not replacing jobs or hurting wages at all, say economists theregister.com/2025/04/2... · Posted by u/pseudolus

twoodfin · 8 months ago

As others in this thread have pointed out, this is basically what happened in the relatively short period of 1995 to 2015 with the rise of global wireless internet telecommunications & software platforms.

Many, many industries and jobs transformed or were relegated to much smaller niches.

Overall it was great.

saturn8601 · 8 months ago

Man 1995, what a world that was. Seemed like a lot less stress.

saturn8601 commented on Generative AI is not replacing jobs or hurting wages at all, say economists theregister.com/2025/04/2... · Posted by u/pseudolus

9rx · 8 months ago

> What if no jobs, or fewer jobs than before, rush in to fill the void this time?

That means either:

1. The capitalists failed to redeploy capital after the collapse.

2. We entered into some kind of post-capitalism future.

To explore further, which one are you imagining?

saturn8601 · 8 months ago

The capitalists are failing to redeploy capital today. Thats why they have been dumping it into assets for years. They have too much capital and dwindling things they can do with it. AI will skyrocket their capital reserves. There is a poor mechanism for equalizing this since the Nixon years.

saturn8601 commented on Walled Gardens Can Kill aneesiqbal.ai/2025-04-18-... · Posted by u/steelbrain

itsanaccount · 8 months ago

Article: I didn't care about a corporation restricting people's freedom until it hurt me.

Comments: Its not the corporation, its the government. Its not the corporation, its just the way things are. Its ok the corporation restricts freedom, everything is a tradeoff and everyone does this. Gollygee I hope this gets better.

real elevating curious conversation here /s that never self reflects, is our culture of software making the world worse? will one day our intentional naivety around power fail to protect us from that truth?

saturn8601 · 8 months ago

Software when done right is magical. What about the times that the software helped people?

saturn8601 commented on mIRC 7.81 mirc.com/... · Posted by u/futurecat

futurecat · 8 months ago

yes, and this is a 30 year old software maintained by a solo dev. It's an incredible piece of internet history.

saturn8601 · 8 months ago

WinRAR is also about to turn 30 in a few days.

saturn8601 commented on Trump temporarily drops tariffs to 10% for most countries cnbc.com/2025/04/09/trump... · Posted by u/bhouston

fifilura · 8 months ago

One thing that makes me curious.

Pennsylvania unemployment rate is 3,4%.

In the EU you commonly see unemployment rates around 10% and that is even after rather massive reeducation programs.

Why is this seen as such a big problem that these 3,4% pretty much get to decide the entire US policy?

In the EU that would be a great number and mostly normal considering that people that switch jobs or just finished studying or are just generally unemployable is counted towards that numer.

https://www.pa.gov/agencies/dli/newsroom/pennsylvania-s-unem...

saturn8601 · 8 months ago

You sure its just the 3.4%? 5% is considered 'full employment' so 3.4 should be some of the best times in history.

How many people are employed but are in a job that barely provides enough money to survive? How many people are working 2 or even 3 jobs just to barely survive? Those people would be counted as 'employed'. You should look at these other groups of people before making judgement.

saturn8601 commented on Trump's Tariffs Wipe Out over $6T on Wall Street in Epic Two-Day Rout wsj.com/finance/stocks/u-... · Posted by u/perihelions

JackYoustra · 8 months ago

The rich have most of their money in stocks, saying they can lower stocks to buy stocks doesn't make much sense

saturn8601 · 8 months ago

The rich are about to get a massive tax cut. They cannot possibly spend all those savings on things like food or consumer goods. So where does it go? Assets: Housing, more stocks, antiquities. Any truly rich person will have a diversified portfolio of assets. So what if some of their stocks go down temporarily? They will go back up eventually and the rich can afford to wait out much longer than any normal peon. Its not even a nefarious thing either. If anyone were in their position it would be the prudent thing to do. The most important thing is they have to put this money into something now before it erodes. Buy up all the stocks, buy up all the land, buy up all the vintage collector items, hell even buy up all the retro video games, just do it now.

saturn8601 commented on US Administration announces 34% tariffs on China, 20% on EU bbc.com/news/live/c1dr7vy... · Posted by u/belter

daveguy · 9 months ago

I don't think quotes are the appropriate modifier to adjust for the damage from draconian and short-sighted immigration policy. Past tense use of the verb is probably more appropriate since countries are issuing do-not-travel warnings against the US (for the first time ever?). This administration is arrogant fools all the way down. I hope the messages sent by the electorate in 2026 and 2028 are loud enough and the brain drain is still reversible.

saturn8601 · 8 months ago

The point of the quotes was that we wont see the outcome of these decisions until years from now. Which is why today it is still OK but its like the car speeding and then jumping off the cliff. Will it reach the other side or fall to its doom? Too early to tell, we are still watching.

saturn8601 commented on US Administration announces 34% tariffs on China, 20% on EU bbc.com/news/live/c1dr7vy... · Posted by u/belter

autoexec · 9 months ago

We're already seeing the effects. Many people don't feel secure enough in their finances, or confident enough in the future they'd be bringing children into to have kids. As far as I can tell things will only get worse long before they even have a chance to get better.

saturn8601 · 9 months ago

I'm in that group. The thing is China already crossed that rubicon 20+ years ago. So the US only really needs to outlast China in this regard. It will create problems of its own and pro America people like Peter Zeihan argue that large generations create more large generations. Boomers -> Millenials -> Gen Alpha. I dont fully buy this though.

Their population pyramid looks good though compared to China:

https://www.populationpyramid.net/united-states-of-america/2...

https://www.populationpyramid.net/china/2024/

saturn8601 commented on US Administration announces 34% tariffs on China, 20% on EU bbc.com/news/live/c1dr7vy... · Posted by u/belter

reverendsteveii · 9 months ago

How do you think economic turmoil is going to affect the birth rate in the US and how do you justify labelling a birth rate that's been below replacement for 18 years as "OK"?

saturn8601 · 9 months ago

Check back in a few years, right now its good, and we wont see results for at least a few years:

https://www.populationpyramid.net/united-states-of-america/2...

>how do you justify labelling a birth rate that's been below replacement for 18 years as "OK"?

The US being a nation of immigrants has this unique selling point of attracting people to make up for their woes such as birth rate. Unless we see millions of citizens getting deported, the people "voluntarily" relocating don't move the needle in this metric.

saturn8601 commented on US Administration announces 34% tariffs on China, 20% on EU bbc.com/news/live/c1dr7vy... · Posted by u/belter

lovich · 9 months ago

If the US is planning on stopping the thing that made them OK in the first place, why do you think they would be OK after?

That’s also before you get into the fact that stopping immigration into the US doesn’t make those people disappear * , they’ll immigrate to other countries or stay home may very well cause some countries with a declining population to stop or reverse that trend

* Not en masse anyways, that’s come later as more of a final solution

saturn8601 · 9 months ago

Thats why I put "OK" in quotes. It remains to be seen if the immigration moves will kill the 'get out of jail free' card the US and few other countries have had. These trends don't change overnight so we have to wait and see. At this time though their population pyramid is pretty good compared to their rivals. It might take years of continued decline to finally destroy the good thing they had going. Meanwhile China had 20+ years to rectify their problems and now its too late.

US: https://www.populationpyramid.net/united-states-of-america/2...

China: https://www.populationpyramid.net/china/2024/