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A comment on America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs. Parent comment

Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by jomamaxx on Thursday October 13, 2016 @04:35AM (#12699315)
"And there are enough resources out there to make all that stuff for them "

Yes, there is.

Advanced economies are mostly service based.

Countries are poor because of lack of social organization.

Many poor countries have tons of resources (Africa).

Many rich countries (UK, Japan, Germany, Singapore) etc. - have none.

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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by arethuza on Thursday October 13, 2016 @08:54AM (#12700393)
The UK had huge coal reserves and decent sized oil reserves - the former powered the Industrial Revolution and the latter kept the lights on during the 1980s.
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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by jomamaxx on Thursday October 13, 2016 @03:18PM (#12703296)
Coal definitely was important for the industrialized revolution, but UK oil is not a hugely important ingredient today. They would be rich without it.
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