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by logicchains
36 days ago
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Overall quality of life goes down if you just keep cutting up the pie without growing it, especially when you go into debt to buy more pie. The current youth in Europe are the first generation in decades to see worse living standards than their parents; Europeans' disdain for economic growth is already catching up with them. |
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This just isn’t the case in my country and most of Central/Eastern Europe at all. I’m under 30, when my parents were my age, this country had just started recovering from communism.
Besides, there’s more to economy than just AI. If anything, I’d rather see my tax money invested into multiple different fields than having it gambled on a single hyped tech field that might as well turn out to not be so easily profitable or world changing in the end.