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D_Ethan_Bones t1_je6i8l5 wrote

Reply to comment by Iffykindofguy in My case against the “Pause Giant AI Experiments” open letter by Beepboopbop8

Growth is necessary to keep up with growing demands but concentration is not - we've created a (present day) system where humanity is excellent at growth but terrible at extending the benefits of growth to the common person.

What does being upper 1% in America get you today? Single income homeowner status, what finishing high school and talking to the manager got you in the 1960s. My grandparents' houses were in Southern California a stone's throw from the beach.

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Iffykindofguy t1_je6jfc5 wrote

Growth at all cost is what I said is the problem, once shareholders get involved that is all a company can do, I didnt say growth. just to be clear. I agree with everything else you said.

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Justdudeatplay t1_je7hpnb wrote

Well you have to build more houses for that issue, but regga and resource constraints make it so that the supply can’t keep up. We need new building methods and removal of all the constraints towns and cities place on development. It’s not magical. Housing prices go up because of high demand, low supply, and easy money. The only solution is remove the barriers to development and the houses will come and the prices will drop. I think removing foreign landlords might be a good idea too, but if they want to build and sell, let them.

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