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Is the AI Conveyor Belt of Capital About to Stop? (gizmodo.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 4 points 1 year ago (4 children)

Guessing you have no idea what the Great Depression was like. My parents grew up in it.

Great Depression: 30% unemployment

2008 crisis: 4.2% economic contraction

If you think modern America is bad now, boy oh boy, you're about to get an education on how bad it can really get.

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  • [–] 3 points 1 year ago (2 children)

    You are right, but you are comparing apples with oranges here, what was the Great Depression economy contraction ? Or what was the unemployment rates in 2008 ?

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  • [–] 0 points 1 year ago (1 child)

    Unemployment around the 2008 crisis peaked around 10%.

    You're delusional if you think the 2008 recession remotely compares to the impact of the great depression. You just have 0 frame of reference to compare. I say that as part of the most impacted group: I was just getting out of college when that crashed and it killed my job opportunities.

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  • [–] 3 points 1 year ago

    I don't think it, I was only pointing out that he was comparing two different things.

    I know that there is no way the two events have a compatible frame of reference but that does not means that you can compare the two values.

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  • [–] 1 point 1 year ago

    Ok? And this is relevant how? I’m Canadian, so pretty tied to the US’s bullshit at the moment, but damn where’s this US bravery I keep hearing so much about?

    Deflection isn’t going to solve your problems.

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