Hacker News new | past | comments | ask | show | jobs | submit
jparishy | on: America has lost 200k of jobs in media, film and the arts. How much is AI?
Hey thanks for posting this perspective w/ the link. Fun rabbit hole to go down stuck in a hotel tonight. I wonder if you think something explanatory is missing in _all_ of these different indices, in the "where there's smoke, there's fire" sense of economic anxiety on display today
rayiner | parent
The sense of economic anxiety is due to increasing economic efficiency and sorting. It's not that the cost of living somewhere has gone up as much as people think. It's that the market is efficiently allocating housing in the place you grew up, near your parents, family, and friends, to Google and Facebook engineers. But you can still get a house twice as big as what your parents had at your age in a new subdivision in Tennessee.
pessimizer | root | parent | next
> But you can still get a house twice as big as what your parents had at your age in a new subdivision in Tennessee.

Tennessee suburbs are eyewateringly expensive. Your parents made a living wage at a job that doesn't exist in the US anymore, and definitely isn't located in Tennessee anymore. The mean homebuyer is older than your parents.

You can get a cheap house in the middle of nowhere where all the industry was destroyed for imports, services destroyed for outsourcing and the retail was destroyed for the internet and big box chains, if you are a wealthy person who works remotely or at one of the local health insurance conglomerates.

If you are not a wealthy person who works remotely, you can't live there anymore; it is not cheap for you. In fact, all of your family (who has lived here, near each other, for generations) has to figure out where in the country they will have the best chance to feed themselves (or whether they should leave the country) and move there. Now, they're trying to get by without the support of each other, making them more alienated, isolated and dependent on corporations and the state.

There are natural limits to this sort of evil. People won't starve to death quietly.

cucumber3732842 | root | parent
>You can get a cheap house in the middle of nowhere where all the industry was destroyed for imports

By the people your parents voted in to do just that no less.

HWR_14 | root | parent
Yes, you can afford a very nice house in Tennessee if you can work remotely with a Silicon Valley salary.
| root | parent
{"deleted":true,"id":50231544,"parent":50230978,"time":1792936005,"type":"comment"}