Where is this efficiency and net gain of which you speak? Real estate, food, energy, health care, education, and other necessities are getting more expensive, often dramatically so and sometimes at rates far beyond inflation.
If this is an age of rapidly improving efficiency then most things should be getting cheaper. The amount of free time and disposable income we have should be increasing. We should be getting wealthier. Instead the opposite is happening for almost everyone save a tiny class of professionals and capitalists. One could be forgiven for thinking we're living in an age of inefficiency and technological decline, since that's what the price signals are indicating.
I'm not sure this is SV or PG's "fault," but PG's rant is smug and non-productive and amounts to a whole lot of "why do they not eat cake?" It makes him sound clueless and out of touch.
If this is an age of rapidly improving efficiency then most things should be getting cheaper. The amount of free time and disposable income we have should be increasing. We should be getting wealthier. Instead the opposite is happening for almost everyone save a tiny class of professionals and capitalists. One could be forgiven for thinking we're living in an age of inefficiency and technological decline, since that's what the price signals are indicating.
I'm not sure this is SV or PG's "fault," but PG's rant is smug and non-productive and amounts to a whole lot of "why do they not eat cake?" It makes him sound clueless and out of touch.