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A comment on Google boss warns 'no company is going to be immune' if AI bubble bursts. Parent comment

Re:Google boss warns 'no company is going to be immune' if A... by AuryGlenz on Wednesday November 19, 2025 @02:51AM (#45976925)
Increased production has always just lead to more stuff being made, not more people unemployed. When even our grandparents were kids a new shirt was something you’d take care of, as you don’t get a new one very often. Now we head on to Target and throw 5 into our cart on a whim.

Were there less weavers with machines now doing the job (or whatever?). Sure. But it balances out. It’s just bumpy.

The big change here is that it’s hitting so many industries at once, but that already happened with the personal computer.

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Re:Google boss warns 'no company is going to be immune' if A... by LtWorf on Wednesday November 19, 2025 @07:47AM (#45978956)
But nobody can afford stuff.
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Re:Google boss warns 'no company is going to be immune' if A... by panick21_ on Wednesday November 19, 2025 @11:15AM (#45981342)
And yet in the real world people buying labobous at insane rates.
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Re:Google boss warns 'no company is going to be immune' if A... by LtWorf on Wednesday November 19, 2025 @04:24PM (#45985427)
The very same people that 40 years ago would have bought a home instead yes. Now they can no longer do that so might as well blow the money on stuff.
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Re:Google boss warns 'no company is going to be immune' if A... by panick21_ on Thursday November 20, 2025 @07:13AM (#45991812)
> might as well blow the money on stuff.

Or you know, don't do that and buy a home when you are 40 instead of 25.

People who do save an have good discipline, and don't have children to early still do pretty well.

The culture of 'yolo just get a credit card with 18 and max it out for video game skins' is literally losing people 100000s over their lifetime.

Yes buying a house is not as easy as before, but the doomerism a solution. You can rent and be save. Renting isn't inherently worse for you in the long, that just myth.

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Re:Google boss warns 'no company is going to be immune' if A... by LtWorf on Thursday November 20, 2025 @06:53PM (#45999549)
> Or you know, don't do that and buy a home when you are 40 instead of 25.

* 400

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Re:Google boss warns 'no company is going to be immune' if A... by johnnyanmac on Thursday November 20, 2025 @06:48PM (#45999513)
>The big change here is that it’s hitting so many industries at once, but that already happened with the personal computer.

The PC was pre-NAFTA, and since then we've had at least 3 waves of tech trying to outsource tech jobs (let alone actually impacted jobs like manufacturing) to cut costs. We're now on the current wave.

More stuff can be made... just not in the US.

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