I’m not optimistic about the near future. It seems that the post-WWII order in the developed world is disintegrating. It seems that the political and business elites of America and some other developed countries have forgotten the concept of
noblesse oblige, that elites have a responsibility to serve the general public. Greed and power have gone unchecked. This has negatively affected the lives of many in the developed world, and many are justifiably angry. Unfortunately, anger can either devolve into uncontrollable rage or be misdirected as a controlled weapon. Demagogues have been able to capture some of this anger and use it for their own aims, which is making matters worse by increasing the number of angry people.
Rising inflation, especially in housing prices, is demoralizing, where one’s efforts to save is quickly evaporated thanks to a combination of bad fiscal/monetary policy and housing regulations that benefit existing homeowners over prospective ones.
Personal computing was one of the nice bright spots of modern society. I grew up during the rise of the personal computer, the Web, and mobile computing. Computing felt liberating, empowering, and enjoyable. Unfortunately major players have been able to gain oligopoly power over computing. Enshittification is the norm in modern software, and it’s difficult for upstarts to compete against entrenched oligopolies. The generative AI boom and the massive run on the RAM and storage markets have caused massive price hikes, which now threaten to price us out of personal computing. The one area that has long resisted price inflation has succumbed to it. It seems like we are getting priced out of living.