You are describing a successful capitalist venture rather than a failed one. For the exact reasons you set forth including dying employees is the exact reason why Silicon Valley is a beacon of successful capitalism.
That being said and respectfully because you are otherwise a really interesting poster - the social experience stuff is utter nonsense and here is why
First of all itās subjective. Social experience means almost any form of social interaction. What is an enriched or a positive contribution to that social experience is subjective to those who experience it. Therefore to conclude that they have done nothing is silly and more importantly it downplays true innovation thatvhaa come out of that part of the country
It has indeed been a wild success in terms of capitalism, which is why Iām saying itās a failure. In its purest form, successful capitalism truly screws over most people, most of the time, throughout history. When you look at states that moderate business more heavily than we do, you get much greater parity in society. Of course the greatest example of this is the NFL, but I donāt want to get too far away from the topic.
To the social media, what I mean is more like thisā¦look at the aggregate of studies on the mental health of digital natives. Almost across the board the generations that are more connected digitally report higher rates of anxiety, depression, social isolation, etc. Itās hard to imagine a piece of technology more incredible than the smart phone, but weāre at a point where itās essentially a $1,000 device made for snapchat and IG. The tools created could be used for good, but theyāre used for nothing of particular importance.
Rolling both of these things into one, I would say that a āsuccessfulā silicon valley would see advancements in automation that actually allow people to work less without sacrificing the ability to provide for their families, giving them more leisure time. The socialist movements dating back to the 1848 revolutions in Europe, through the gilded age here, and the Roosevelt administrations allowed people to work less, bring home more and discover that thereās more to do in life than work 80 hours a week and die at age 40.
Yeah i agree with that first paragraph. That was sort of my point in that it can be qualified as a success and a failure. Because capitalism. Much like socialism in its pure form leads to failure in the long run
Social media much like capitalism in its pure form can also certainly be described as an abomination. While it certainly has pro, the cons are too numerous to mention. This includes the current rise in gun crimes amount the young which i attribute at least in part to social media.
That being said my point was that a lot more came out of Silicon Valley the. Social media. And both IBM and Oracle have done a lot for automation.
True, and Iām certainly bullish on whatās still coming out. I just canāt find a better example of so much promise and potential for the working man that will ultimately not deliver. For instance I love Tesla and as soon as I get a house that can support in home charging Iām going to get a Model 3, but I doubt Teslaās semi-trucks will make life better for long haul truckers. It will just force some of them off the road and the others will get their incomes pinched in a bid to stay competitive. Ideally, I would like to see every long haul trucker replaced by a self driving truck, but maintain much of the income they brought home when they worked. I canāt imagine the leap forward society would take if tens of millions of people were freed up to pursue their passion rather than make ends meet.