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by kelseyfrog 1341 days ago
> This makes me curious why businesses have not been proactively planning for this somehow.

Since when do businesses proactively plan when there is much more money to be made by whittling down the value-creation change to the bare minimum? In my view, the business meta for the last 50 years has been to strip away useless redundancy in favor of speed[profit] at the behest of shareholders. The result is crystalized value-creation pipelines which are much less robust to shock than their predecessors. Due to their inter-causal dependence and the stochastic nature of shocks(plus the central limit theorem), we get a reoccurring business cycle. It's baked into the system.

Intergenerational antagonism is a frustration redirection mechanism co-oped by the media to replace class-politics for obvious reasons. So much angst and ennui is wasted by diverting away from the ownership class who are made incredibly wealthy from the above and into gen-pilled boomer-haters. It is incredibly effective.