[HNisCIS]

Yeah if anything this recession feels demand driven rather than labor replacement driven. Nobody wants to do capex or buy things when everyone is telling them they're going to get replaced with jpeg-for-text so they aren't. As a result most of the economy isn't moving particularly fast with the exception of people buying up the entire worlds supply of silicon and driving up prices on increasingly essential hardware. So we have stagnation and inflation all in one but from the dumbest possible source.