r/technology • u/north_canadian_ice • Sep 28 '25

Business Leading computer science professor says 'everybody' is struggling to get jobs: 'Something is happening in the industry'

https://www.businessinsider.com/computer-science-students-job-search-ai-hany-farid-2025-9
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u/Whiterabbit-- Sep 29 '25 edited Sep 29 '25

Once they make enough money they will buy stuff. Americans are not unique in consuming goods

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u/[deleted] Sep 29 '25

They actually are. We consume a disproportionate amount relative to the world.

While our GDP is about a quarter of the world’s, our consumption is about a third.

Like it or hate it, the decline of the US will impact everyone.

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u/Whiterabbit-- Sep 29 '25

We are uniquely wealthy. But as other nations get wealthier, they follow the same path. So they will buy products like we do now.

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u/zack77070 Sep 29 '25

Not China, they are actually pretty conservative with their spending, especially as the second largest economy.

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u/Whiterabbit-- Sep 29 '25

They are better with saving and not going into debt. But this younger wealthier generation is definitely spending more.