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by vram22
3035 days ago
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People saying "it will be different this time" turned out to be false about bubbles. Saying not (of) "it will be different this time", i.e. "it will be the same this time", i.e. your claim, can also turn out to be false. >bowers https://en.wikipedia.org/wiki/Bowyer >Pardon the harshness here, I feel like the only people this is truly a surprise to is either folks that ignore the past, or are incapable of understanding the past. No need to ask for pardon. But what happened in the past is no guarantee of what will happen in the future. See Black Swan etc. |
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It's like being a horse at the turn of the last century saying well we've always had horse jobs throughout various advancements in horse-labor tech, this internal combustion engine should be no big deal we'll find horse jobs.
We all know how that turned out for horses, now we're pushing closer and closer to the precipice of being the horses at the turn of the last century. Sure it'll be impossible to tell whats going to be the straw that breaks the camels back but we should be ready for each straw to break the camels back, and not assume it won't.