We need to see a move toward the gold standard. People should generally be trading dollars for gold, even if it's virtual gold. Ever since we got off the gold standard, compensation has been lagging behind productivity, and that means that over time everyone's compensation has been slowly shrinking. It may well be true that fiat currency is necessary at some point in a country's history, but that moment isn't right now.
Ask HN: What's Hacker News's vision for the future?
21–23 of 23 posts
Re: Ask HN: What's Hacker News's vision for the future?
#221. Federation away from centralized ownership. This increases security by redundancies and multiple transmission paths. It applies to both technical concerns and regulatory concerns.
2. AI will begin to peter out. Investment has far outpaced results and many people will be left holding over valued assets in a super saturated market like the housing market in 2007. It’s great until it’s not.
3. Software employment will continue to reduce headcount as demand for software continues to increase. Automation and skill diversification are the names of the game. Many employers were hoping AI would solve this problem and will look for alternate solutions to make up the lost time and burnt investment spent on AI. As developers continue to become more expensive without equivalent value delivery marketplace competition will determine if employers can assume those expenses or pass them back to their customers.
4. API design will become an emerging employment option for developers. It’s what I currently do, it’s in high demand, and I don’t see a lot of people talking about it.
Re: Ask HN: What's Hacker News's vision for the future?
#231. Federation away from centralized ownership. This increases security by redundancies and multiple transmission paths. It applies to both technical concerns and regulatory concerns. 2. AI will begin to peter out. Investment has far outpaced results and many people will be left holding over valued assets in a super saturated market like the housing market in 2007. It’s great until it’s not. 3. Software employment wil…
Can you explain what you mean in #4, or provide a link for further reading? Throughout the period of my career so far, API design has always been a major part of the job of a developer. Therefore, I assume you mean something else than what I am thinking of. What is emerging now that is different?