I agree about block chain, but AI and quantum have real life practical purposes. The current models are not good but they will improve eventually.
For me, I would say that a grift is not a technology, but the housing market itself. There is no reason for the house prices and rent to go up to extortionate level. Some will say “oh but it’s the market”. Buddy, tell me what do you do and do you own a property and how much is it when you bought it and if you sell it now? I know of someone who was happy enough to get 100k profit from when he initially bought his house and sold it. But bidders kept asking for more until he profited 300k. He didn’t say anything because that’s how the bidding went. He admitted that the housing market is a scam essentially-- a grift.
I don’t know about you guys but where I live, there is always a news of residents opposing the building of social housing nearby for whatever frivolous reasons. These are usually in affluent areas, which used to be middle or working class in which their very own houses were built by the government. But if social housing is built, it is in the middle of nowhere with no opportunities leading to ghost estates. The houses are left rotting but allowed to stand to artificially inflate the house prices. And the rich and middle class wonder why the working class are revolting. I mean, as a middle class, the middle class knows the problem but doesn’t care because we benefit from economic privileges. We are repeating the gilded age.
I agree about block chain, but AI and quantum have real life practical purposes. The current models are not good but they will improve eventually.
For me, I would say that a grift is not a technology, but the housing market itself. There is no reason for the house prices and rent to go up to extortionate level. Some will say “oh but it’s the market”. Buddy, tell me what do you do and do you own a property and how much is it when you bought it and if you sell it now? I know of someone who was happy enough to get 100k profit from when he initially bought his house and sold it. But bidders kept asking for more until he profited 300k. He didn’t say anything because that’s how the bidding went. He admitted that the housing market is a scam essentially-- a grift.
I don’t know about you guys but where I live, there is always a news of residents opposing the building of social housing nearby for whatever frivolous reasons. These are usually in affluent areas, which used to be middle or working class in which their very own houses were built by the government. But if social housing is built, it is in the middle of nowhere with no opportunities leading to ghost estates. The houses are left rotting but allowed to stand to artificially inflate the house prices. And the rich and middle class wonder why the working class are revolting. I mean, as a middle class, the middle class knows the problem but doesn’t care because we benefit from economic privileges. We are repeating the gilded age.