Live data from Hacker News

Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

nber.org

161–170 of 395 posts

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#161

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

The reason people go from work to nothing on retirement is because work fills up the nearly all of the productive hours of a person's life. If it were to take, let's say 4 days, or six hours a day, people would be so bored, they would be making projects, business ventures, or volunteering. And then on retirement, people would still have their hobbies and passion projects they had been working on their entire life. Th…

> they would be making projects, business ventures, or volunteering

This is not what actually happens in practice. There is no sudden outbreak of productive activity because people have more free time. If this was going to occur there would be mountains of empirical evidence for it by now because this situation isn't rare.

I know many people with a lot of free time. In the vast majority of cases, people spend their free time in almost exactly the same way they spent their free time when they had less of it. Binging on social media, television, or games? Now they just do more of it for longer. The people that volunteer more were already doing it, and they are in the small minority.

People should probably work less but the idea that this will generate productive activity is a rationalization against all evidence.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#163

Earlier quoted context omitted.

I think what we've shed are more things like chairing a committee for the VFW, selling snacks at little league games, or being active in a lowers voice, looks over shoulder union. These are things that would traditionally take up the social slack left by not punching a clock every day, and we've eliminated them systematically to make room for more marketized activities. Today's retirees are "richer" than their parent…

In what way have we "eliminated them systematically"? Maybe I haven't paid close enough attention, but it feels like those activities have (unfortunately) disappeared largely naturally.

Take this question a step further and ask _why_ those activities disappeared. What are those people who would previously have been doing that, now doing instead? Usually, the answer is working. For the unions, decades of policy have systematically eliminated them, but for the other points, it's more of a "between the lines" thing.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#164

Earlier quoted context omitted.

That sounds exactly like it's a problem with retirement.

It sounds like a problem with a society that more or less forces people to make work their only focus for their entire lives

That's literally every society

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#165

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

> We have created people that never develop as human beings outside the context of their being economic entities in the workforce and that's not something to celebrate.

What if people just really really like their jobs and didn't have enough initiative to make sure they had something to do outside of them? It isn't really wrong for people to like their work, like it isn't wrong for someone to have a hobby that they obsess over.

Considering fiction, even in the post scarcity society of Star Trek, people still like doing "jobs." Or consider a seeing eye dog after they retire, they enjoy occasionally putting the harness back on and feeling useful. It isn't simply a matter of human beings being reduced to economic entities.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#166

Earlier quoted context omitted.

The reason people go from work to nothing on retirement is because work fills up the nearly all of the productive hours of a person's life. If it were to take, let's say 4 days, or six hours a day, people would be so bored, they would be making projects, business ventures, or volunteering. And then on retirement, people would still have their hobbies and passion projects they had been working on their entire life. Th…

> they would be making projects, business ventures, or volunteering This is not what actually happens in practice. There is no sudden outbreak of productive activity because people have more free time. If this was going to occur there would be mountains of empirical evidence for it by now because this situation isn't rare. I know many people with a lot of free time. In the vast majority of cases, people spend their f…

This has been my experience as well. My stock advice to people who want to save money is to simply work more. Not because the marginal hours will be meaningfully worth it, but because it stops them from spending money by default.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#167

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

> We have created people that never develop as human beings outside the context of their being economic entities in the workforce

What do you think people did with their lives before retirement became a thing? My great grandparents worked the fields and took care of the animals till they dropped. I did have one great grandma who spent the last few years of her life vegetating in a chair because she literally couldn’t do anything else, otherwise she’d have been working the fields and taking care of the animals.

They weren’t “economic entities” in the sense that they got a paycheck from an employer, but they were “economic entities” in that if they weren’t putting daily labor into the farm, they’d eventually freeze and starve.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#168

The problem isn't retirement per se, it is that people don't have things to occupy themselves with. They retire and they vegetate. I worked with a lady that was in her 70s who was deathly afraid of retiring because she didn't have anything to do. That's beyond depressing to me, to be incapable of even conceiving of doing something that doesn't involve going to a job. We have created people that never develop as human…

The reason people go from work to nothing on retirement is because work fills up the nearly all of the productive hours of a person's life. If it were to take, let's say 4 days, or six hours a day, people would be so bored, they would be making projects, business ventures, or volunteering. And then on retirement, people would still have their hobbies and passion projects they had been working on their entire life. Th…

I've been doing a 4 day work week and it certainly helps quite a bit. I worry I have gotten too used to it now though.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#169
What many comments miss is that society is heavily structured around work.

If we didn't work, or simply worked far less, we wouldn't be atomized units not quite finding what to do.

There would be more structure of volunteering projects, cafés would be laid out for people having time, instead of for quick grab. Fastfood and drive through may end up being far less common.

Re: Does Employment Slow Cognitive Decline? Evidence from Labor Market Shocks

#170

Earlier quoted context omitted.

That sounds exactly like it's a problem with retirement.

Or maybe it’s a problem of spending all your effort working a job for 40+ years, and having your curiosity atrophy into nothingness. I retired last year in my late 30’s and it’s just such a life upgrade. I study Mandarin, go to the gym, cook fun meals, volunteer at our community garden, volunteer at our food pantry, go to board game nights, brew beer, DIY house maintenance, write some software for myself for fun, etc…

I've been doing sort of a temporary version of that :). I quit working for the next year or maybe some more to focus on a big house renovation project, among other things (a few major car, truck, and tractor projects too.. some welding.. building some other machinery..). I figured why wait until some indefinite future to do work that is actually personally meaningful rather than what an employer tells me to do? I guess financially this year of negative income has some opportunity cost associated with it, but I'm building a bunch of stuff that cannot be bought, and I'd rather take the time now when it's definitely good than wait for a "maybe". And frankly the tech treadmill had pretty well erased the interest I used to have in computing. I'm also quite happy to be sitting out the current AI insanity. I've been working on some personal coding projects as well--as well as playing with local LLMs--to stay current and hopefully rekindle the interest in computing that the industry beat out of me. The work used to be fun, where did that go?
Post reply on HN