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nostrademonstoday at 4:11 AM1 replyview on HN

Somewhere else in the comments here, someone else remarked "Individuals perhaps [move to the new models], but not organizations."

That's illustrative. The mechanism by which organizations are forced to update their technology, move to more competitive suppliers, and cut costs is a recession. In one, every business that doesn't do so goes bankrupt, and what's left are the more efficient businesses that have adopted technology effectively.

We haven't had a real recession since 2009. (2020 was an odd case, because it was effectively brought on by government edict and so it actually killed a number of efficient but unlucky sectors while doing nothing to clean out the dead wood in major corporations). The next one is likely to be a doozy, because the economy is filled with bullshit jobs, bullshit corporations, and bullshit products.


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arkhtoday at 7:42 AM

> The next one is likely to be a doozy

The US, EU, China are teetering on the edge of a crisis. Russia is well on its way.

I feel like 2008 was just a warmup to what may be coming.

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