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usonian

(19,975 posts)
2. I don't know if they accounted for generational wealth transfer.
Thu Jul 31, 2025, 12:02 AM
Jul 31

Long story short, seniors seem to be hanging on to homes (thank Prop 13 for that) and planning to pass them to their kids.

At a CA median of some $860K, that's a damn lot of money. YMMV.

The debate is raging over the effects of AI, which are principally to savage jobs, but it is following the famous Gartner Hype Cycle https://en.wikipedia.org/wiki/Gartner_hype_cycle and may crash with a thud as all the low hanging fruit is plucked and AI/LLM's increasingly feed on themselves.


Looks lots better NOT in dark mode!

Some will experience increased productivity as it is focused on narrow verticals, cleaned of crud and garbage. Others will misuse it very badly, as people are doing now, no doubt in my mind, on the so-called Epstein evidence, to make it say the opposite of what it did when gathered.

So, the longer term effect is entirely unknown.

As with all models, they're as good as the data included (and not included!) and the algo's.
Computers? I was composing a long post today and went to preview and lost all my typing in a network fainting spell. I forgot to save it before trusting the internet to process it (it went to the internet black hole instead), so take all this with a grain of salt, or a mountain of salt, in case a tsunami washes it all away.

"The internet is one tough town" and it's not getting any better.
I should reinvent it.

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