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Re:'Big Short' investor says white-collar jobs bubble is 'bu... by streetcat1 on Friday September 30, 2022 @03:21PM (#33039495)
Not correct. Boomers are retiring and with them their experience.

Gen Z are much smaller than Boomers. This is a structural issue that can be fixed only via immigration.

What could have been automated probably was automated.

Also, due to china failures, there is going to be boom of insourcing not outsourcing.

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by madcadmium on Friday September 30, 2022 @03:35PM (#33039669)
You're saying that we've reached peak automation?
Re:'Big Short' investor says white-collar jobs bubble is 'bu... by zeroonetwothree on Friday September 30, 2022 @05:55PM (#33041302)
The four most recent generations all have around 70m people currently (depending on exact years of cutoff). So this is simply false.
Re:'Big Short' investor says white-collar jobs bubble is 'bu... by tcbawo on Friday September 30, 2022 @04:15PM (#33040180)
I'm not disagreeing with your premise about Boomers. The youngest Baby Boomers (birth year 1946-1964) are in their late 50s, although the oldest have been retirement age for 10 years. It's likely that many had postponed retirement, but health and economic issues have forced them into retirement. On a tangential note, everybody always forgets Gen X. Or, maybe 'Boomer' has become a term for 'someone older than a young adult'?
Re:'Big Short' investor says white-collar jobs bubble is 'bu... by teeray on Friday September 30, 2022 @05:39PM (#33041143)
> health and economic issues have forced them into retirement

For many too, they held on because their job was fun. My neighbor was a shipping container captain… he was eligible for retirement for many years. What finally made him retire was all the rigamarole the pandemic introduced. It stopped being fun.

The same thing happened with a local family-owned Agricultural store near me that’s been around for 70-odd years. Dealing with everything in the past 2 years sucked all the joy out of running the store, so they decided to retire.

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by AussieWog93 on Saturday October 01, 2022 @09:33AM (#33046467)
>everybody always forgets Gen X.

Isn't that their entire schtick? The New Zealand of generations.

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by mutt2016 on Friday September 30, 2022 @04:37PM (#33040465)
Every single time I hear millennial I think avocado toast. And every time I hear boomer I think of strong perfume.

The words meaning sure hadn't changed, but I imagine the longer its mainstream the more it will morph. Soon we won't be allowed to say it at all, lest we offend somebody with the slur.

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by glouwbug on Friday September 30, 2022 @06:35PM (#33041639)
It's a generational thing. Just like Gen-Z hates the boomers for exploiting real estate the children of Gen-Z will complain their UBI pays too little because millennials exploited massive tech salaries to automate away burger flipping joints and software development
Re:'Big Short' investor says white-collar jobs bubble is 'bu... by smileysteve on Saturday October 01, 2022 @08:49AM (#33046213)
Re baby boomers;

this seems likely the cause (compounded by the pandemic - people shifting industries, online ordering skyrocketing), unfortunately we still have another 10 years of baby boomers.

Re:'Big Short' investor says white-collar jobs bubble is 'bu... by syntaxing on Friday September 30, 2022 @04:19PM (#33040231)
Curious to what “Gen Z are much smaller than Boomers” is in reference to. Population size or literally physically? (Which neither is true from what I can tell?)