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Old person here: No, people have always been like this. Honestly, there's always some sort of fear about the world ending: Nuclear war, terrorist attacks, active shootings, climate disasters, etc.
The world isn't going to end any time soon, it's just going to change. Though humans may or may not be around for the rest of the ride in the long run, that will be well after you and I are gone.
Also, an old person. I think the difference this time is twofold.
The people in charge are clearly crazy and in some cases unwell. The general enshitification of life. Ordinary every day things are much worse but more expensive.
I agree it won’t end but society as we knew it ten years ago (a hope that the future would be better, the big problems could be tackled) is finished.
If you're truly old (I'm 46 myself) please don't use this word it's so goddamn dumb. It's the worst thing that ever came out of the excessive vitriol of the last few years.
We all get it. Things are getting worse. There was always a far better term to use which better encapsulates everything.
"Race to the bottom"
I’m much older than you and quite like the word which is why I used it.
I also think that sort of gatekeeping of words is another sign of the decay of society. People used to enjoy new words being coming into use but now they are ‘dumb’
It’s not cromulent and doesn’t embiggen the soul.