Because we are counting people's wealth in significant fractions of a trillion d... | Hacker News

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		abenga 3 months ago \| parent \| context \| favorite \| on: Jeff Bezos says AI is in a bubble but society will... Because we are counting people's wealth in significant fractions of a trillion dollars and young people around the world cannot afford homes no more?

simianwords 3 months ago [–]

Prices of houses increased but others decreased. Life expectancy increased, consumption increased.

grafmax 3 months ago | | [–]

“Phones not homes.”

m000 3 months ago | | [–]

Consumption of overpriced crap, a.k.a. the lipstick effect [1].

[1] https://en.wikipedia.org/wiki/Lipstick_effect

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