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/biz/ - Business & Finance

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15965111 No.15965111 [Reply] [Original]

So, /biz/, how do we deal with the fact that we've been living in complete material stagnation over the past half century while deluding ourselves that microchip and software progress is "progress"? We were supposed to have flying cars and our clothes were supposed to be built of sensors detecting every single issue in our body, yet not even billionaires have access to these, as if literally nothing happened in the past 50 years - we're wearing the same clothes while sleeping on the same beds in the same homes running the same HVAC systems, while dying of the same terminal diseases, if not more, and leaving Earth in the same quantity, if not less.

So what the fuck happened in the 70s and how do we deal with this?

>> No.15965577

>>15965111
Too many dumb pajeets on this board for that question. But yes, the unsustainable pipe dream of exponential growth has completely untethered from actual underlying wealth production. Courtesy of fiat currencies. Reckoning is near.

>> No.15965598

>>15965111
What happened in the 70s was the latest wave of infrastructure got built and it was intended to last about 50 years. As far as research, the massive growth of computer technology had a brain drain effect on a lot of other fields.

>> No.15965613

Also, energy use is not a valid indicator of economic activity because of big energy efficiency gains made in the 90s and 2000s and 2010s. A few examples off the top of my head:

>TV power consumption is down about 40% from the 90s
>Washing machine power and water consumption down about 25%
>Dryer power consumption down 20%
>Waste due to heat leaks in homes down about 15-20%

>> No.15965638
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15965638

>>15965613
>energy use is not a valid indicator of economic activity

>> No.15965674
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15965674

>>15965638
>we can only every use X energy to produce Y services
>anything less than that isn't REAL progress

>> No.15965696

>>15965111
We're not. We have flying cars, nobody wants to take the risk or pay for one that would be safe, or pay the insurance for the people on the ground.
We are landing our rocket engines, instead of splashing them into the ocean.
We have computers in our phones that have made even the keyboard possibly outdated.
We can do surgery from across the country, we pwn bitches with no-scope from the other side of the globe, and we've cured dozens of diseases and cancers.
Our cars go 1/3 faster, but are 3x safer, our food comes from across the globe, we can travel to any nation on earth in under 24 hours, and we can eat for two days on 1 hour's pay.

>> No.15965972

>>15965674
>taking non-existent premises to their extreme
you sure destroyed that strawman

>> No.15965993

OP we have had helicopters for a while

>> No.15966005

Our modern technology is obsolete alien tech from a crashed vessel. We have reached the limit if what we can reproduce without nanomaterials and nanofabrication. We don't have the capability to create nanomaterials or fabs, and do not have any idea how to get there. Its all a bunch of jury rigged shit.

>> No.15966084

>>15966005
I legitimately want to know more about this theory

>> No.15966171
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15966171

He has an answer to this question.
https://youtu.be/Q1KvBoG3B_8?t=147

>> No.15966385

>one post by OP
>retarded question
>9 retards reply
MOOOOOOOODS range ban OP

>> No.15966439

>>15965972
GDP did a 20x over the "stagnation" period of OP's pic. Energy use is NOT a good metric for economic development

>> No.15967503

>>15966439
jesus christ educate yourself