MIT Has Predicted that Society Will Collapse in 2040 | Economics Explained

Published 2021-11-26
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All Comments (21)
  • Investment Joy
    Would love to see a comparison of the various economic doomsday theories of the 50s-80s and see how they've fared. I remember hearing my parents and their friends talking about them in the early 90s, and yet here we are.
  • Alan W
    This has happened in New Zealand. A quarter of the population in NZ are elderly, and young people keep leaving due to the high stress of paying taxes to fund so many retired people, who insultingly own the rental property they live in because young people can't afford a house due to the high taxes and low wages they earn.
  • Anneka Bower
    Ahead of schedule, well done team πŸ˜ƒπŸ™πŸΌ
  • Neti Neti
    Does Anyone Else Feel Like Everything Has Changed?

    There is also this feeling that the whole world is holding it's breath. Almost as though we are all waiting for some catalyst or sign or event that puts an end to this feeling of being put on hold. This vague unexplained unease.

    Everyone is disconnected from each other and there’s no longer any respect or tolerance for each other. No one likes to communicate in person anymore and everyone does things only for money rather than for purpose and meaning. We also have a loneliness epidemic.
  • Justin Beck
    β€œWhen the end of the world comes, I want to be in Kentucky, because everything there happens 20 years after it happens anywhere else.” β€” Mark Twain
  • Therese Malmberg
    What you said about our current society being the richest and most well-off in history is true. It boggles my mind that as I sit typing this in my single-wide mobile home that I am materially better off than the royalty of past eras. At a touch of a finger, I can set my home temperature levels to what is comfortable. The same finger provides lighting. Not only can I safely store food thanks to refrigeration and canning, I have access to varieties of food that the rulers of Versailles could only dream of. At one time salt and pepper were luxuries; now they come in packages that many people casually throw away. And our health care, though not without its problems, is far superior to that of even 100 years ago. When I want to go somewhere, I can travel at speeds ancient humans never even dreamed possible--I can even FLY! And yet, according to some people's standards, I am considered poor or low-income because I live in a mobile home park. I think people in the far future (assuming we as a species are still around) will look back at us and say that this was the golden age. They will call us Gods.
  • β€ŠShortHax
    Maybe electing people who won’t be alive for society’s collapse isn’t such a bright idea
  • Stell2Cycle
    Social Collapse doesn't always mean post apocalyptic dystopia but rather that the currents social structures will either be incredibly inefficient or completely reformed
  • Gunner
    Our biggest problem is waste. We waste EVERYTHING. Clothing,food,water,energy. You name it and we waste it. If it doesn't fit or if it's broken, we just throw it away. Waste is by far our biggest issue
  • pluck npick
    I could see society, American especially, hitting a scenario roughly equivalent to Post WWII....Recycling was inherent, I still remember Mom, and Grandparents saving even bits of string, etc. You grew your own food and supplemented with the local market. I grew up as a child with this model.
  • SEB1991SEB
    At least the governments are ahead of schedule on something for once.
  • I'm not entirely convinced that humanity will go extinct; there'll definitely be a lot less of us, and I think that we will see a regression in society in the next few years, but as a species we will continue. We are adaptable, stubborn, and way too clever for our own good.
  • Sean Whearty
    Hey guys. If we work really hard, we can achieve that goal by 2030
  • Armani Nguon
    The thing is that even mass population decrease can also disrupt globalization. I think we’re never meant to be grown at a such a high rate
  • AJ
    The fact that nobody can agree on what’s about to happen and that all of our predictions are so different says something. The worlds getting so complex and we’re so domesticated that whenever something bad happens people just immediately drop their marbles.
  • Chicken leg
    I think the best thing to do in preparation for societal collapse is to continue with whatever you're doing in the present just in case, but at the same time pick up a skill such as gardening, sewing, or cooking, buy some backyard chickens, or even go to the gym. The reason for this is so that if the end truly is nigh, you will have at least one ability that will help you in a more primitive society. Gardening helps you grow food, and you can collect eggs from backyard chickens or even kill one for meat and feathers and bones every once in a while. Sewing will help you create clothes that will help you and whatever people you might know survive the winter. Going to the gym will be good if you want to be a strong person who can build a house - in this case, also make sure to learn how to make a viable shelter. Don't worry about learning all of these at once - humans are highly sociable creatures and if you know at least one of these skills, you can make friends nearby who know how to do the others. Bonus points if you know your neighbors already, since they're likely the ones you will be turning to in these times of need if they happen. And by completing life as normal other than these few things, you can rest assured that if none of this ever happens, you didn't throw your life away for a pessimistic belief.
  • Michael Sakata
    I appreciate your presentation. You don't come off dogmatic and you can make a joke about yourself. Thanks for the video.
  • General Kenobi
    "So basically yeah the world is ending. Sponsored by Skillshare!"

    This world has literally become a parody of itself at this point
  • Ese Ukey
    I believe that, a lot of factors need to be properly checked when comparing the past to the present and, predicting the future.