I really appreciate you sharing that perspective, Dick. As many times as I have told a 19-yr old things about cycles when we are talking about minimum wages, price hikes, inflation, the economy, principles of get-off-your-butt-and-work-your-way-up, and they were trying desperately to convince me that "No, this time, it's different - our generation really can't get ahead", and me telling them about how they could leave their computer screen right this second, get a job at McDonalds, and be a GM making $100,000/year within 2 years if they chose to have the right character and work ethic, etc..............and me trying to convince them that "nothing appears to be the cycle it really is when you're 19, but later, you'll see it".
I practice what I preach by listening to you now. I like that you shared that, I will have to keep that in mind when I am all nerve-wracked about AI taking away everyone's jobs. You're right, mankind has been saying that for centuries and perhaps those of us who have seen fewer and less of that cycle have a harder time recognizing it for the cycle it is.
Thank you