The Cycles of Boom and Bust

Why the 2030s will Be The Great Reset?

Introduction: The Singularity Twenties – Humanity’s Final Industrial Era

History does not march forward in a straight line—it loops, like a snake eating its tail. Empires rise, wealth accumulates, societies innovate, and then, inevitably, the cycle crashes into its own excesses. What follows is chaos, reset, and rebirth. Right now, we are in the boom phase, a modern Roaring Twenties—but with a twist.

This time, it’s different—not because we’ve escaped history, but because we’ve accelerated it. The 2020s are not just another decade of economic expansion. They are The Singularity Twenties—the last industrial-era boom before humanity transitions into an age ruled by artificial intelligence, automation, and post-scarcity economics.

For now, everything feels unstoppable. AI is rewriting the rules of commerce, finance, and creativity. Startups are generating billions overnight, speculative markets are in a frenzy, and technology is advancing faster than regulators can comprehend. The world is riding a technological high unlike anything before.

But just like the Roaring Twenties of the last century, this euphoria will not last.

What awaits us in the 2030s is The Great Reset—a decade of economic collapse, societal upheaval, and the death of traditional labor. This will not be a normal recession or depression. It will be a total restructuring of civilization itself.

The Cycles of Boom, Bust, and Reset

A Century of Parallel Mistakes

The 1920s were an era of untamed speculation, industrial expansion, and mass adoption of breakthrough technologies. Automobiles, radios, and assembly-line manufacturing revolutionized life. The stock market boomed as people believed they had entered a new economic paradigm—a world where crashes were impossible.

Sound familiar?

The 2020s are the same story but on a digital and AI-powered scale. We are living through The Singularity Twenties, where technology is compounding at an exponential rate.

• AI is replacing human decision-making.

• Crypto and digital assets are redefining finance.

• Automation is displacing jobs at an unprecedented scale.

• Speculative bubbles are forming around technologies with no proven utility.

• Governments are printing money like the laws of economics don’t apply anymore.\

The energy is the same as a century ago—unstoppable optimism and an arrogance that assumes the good times will never end.

The Great Depression vs. The Great Reset

The 1920s led directly into The Great Depression—a devastating economic collapse that wiped out fortunes, shattered industries, and led to a decade of hardship.

The Singularity Twenties will end in a similar collapse, but this one will be far bigger and more permanent. The 2030s will not just be an economic downturn. It will be The Great Reset—the end of the industrial economy.

• AI will eliminate the need for most human labor. Millions of jobs will vanish overnight, and they will not come back.

• The financial system will be torn apart by automation. Traditional banking, investing, and asset valuation will become irrelevant in a world where AI can optimize everything instantly.

• Governments will struggle to maintain control. The social contract of work-for-wages will collapse, forcing a shift toward Universal Basic Income or post-labor economies.

• Mass unemployment will force a complete redefinition of value. If AI can do everything better, what does human worth become?

This is not another cyclical recession. This is the collapse of the industrial economy itself.

The Death of Traditional Work and the Rise of the Meritocratic Research Society

For over 200 years, human labor has been the foundation of economic power. But by the 2030s, most jobs will be obsolete.

AI will not just replace low-skill workers. It will replace everyone who operates within a predictable system. That includes:

• Retail workers.

• Factory workers.

• Accountants.

• Lawyers.

• Doctors.

• Engineers.

If AI can think, analyze, and execute with precision beyond human capacity, then the question arises—what is left for us?

The Creative and Research Society: What Comes After Labor?

The Great Reset will not be the end of civilization—it will be the beginning of something new. The future economy will not be based on brute labor, but on human creativity, innovation, and merit.

• Artists, writers, and musicians will experience a renaissance. AI may be able to mimic creativity, but it cannot replace human emotion, originality, and cultural impact.

• Scientists and researchers will lead the new world. The next phase of civilization will be about mastery of physics, AI, space colonization, and genetic engineering.

• Entrepreneurship and decentralized creation will be the new wealth engines. Instead of traditional employment, people will own and monetize their own intellectual output.

• Gaming, storytelling, and world-building will become dominant industries. As automation takes over survival tasks, humans will turn to digital and augmented realities for meaning, entertainment, and self-expression.

The 2030s will be a transition period—a brutal collapse followed by a total restructuring of value. Those who can create, think, and innovate will thrive. Everyone else will struggle.

The Transition Will Be Chaotic: How to Survive the Great Reset

Before we get to this new world, there will be pain. Massive economic shifts always create winners and losers.

Expect the following in the late 2020s and early 2030s:

• A catastrophic market collapse around 2029-2031. AI-driven speculation will inflate a bubble that will burst violently.

• Unprecedented job losses. Industries will disappear overnight, and governments will scramble to respond.

• The rise of social and political instability. When millions lose their economic purpose, expect civil unrest and radical political movements.

• Mass migrations and economic restructuring. Cities will die, new tech hubs will rise, and old power structures will collapse.

How to Position Yourself for the Reset

If you understand what’s coming, you can position yourself to thrive instead of being crushed by the collapse.

1. Exit speculative markets before 2030. AI, tech, and digital assets will hit unsustainable highs—sell while people are still euphoric.

2. Invest in real assets. The world will change, but land, intellectual property, and unique skills will always have value.

3. Develop creative and research-based skills. AI can replace routine work, but it cannot replace original thought and breakthrough ideas.

4. Diversify income streams. Passive income, investments, and intellectual property ownership will be key to surviving the transition.

5. Adapt and embrace change. The old economy is dying. Clinging to outdated career paths will be fatal.

The Dawn of a New Era

The Singularity Twenties are humanity’s last industrial-age boom. AI, automation, and digital finance are pushing the limits of what is possible. But like all great booms, this one will end in disaster.

The 2030s will be The Great Reset—the decade when the old system collapses and a new one emerges. Traditional jobs will disappear, governments will be forced to rethink economic structures, and humanity will shift toward a creative, research-driven, meritocratic society.

This will be the most disruptive decade in human history. Some will fight it. Others will adapt. The choice is yours:

Will you cling to the past, or will you prepare for the new world?

By Noel | Fowklaw

References

1. Historical Economic Cycles & Market Crashes

• Shiller, R. (2000). Irrational Exuberance. Princeton University Press.

• Kindleberger, C. P., & Aliber, R. Z. (2011). Manias, Panics, and Crashes: A History of Financial Crises. Palgrave Macmillan.

2. AI and Automation Disrupting Labor Markets

• Brynjolfsson, E., & McAfee, A. (2014). The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. W.W. Norton & Company.

• Acemoglu, D., & Restrepo, P. (2018). “Artificial Intelligence, Automation, and Work.” National Bureau of Economic Research.

3. Predictions on Economic Collapse and Technological Disruptions

• Schwab, K. (2016). The Fourth Industrial Revolution. World Economic Forum.

• Ford, M. (2015). Rise of the Robots: Technology and the Threat of a Jobless Future. Basic Books.

4. Government Policy and Economic Responses to AI-Driven Unemployment

• Yang, A. (2018). The War on Normal People: The Truth About America’s Disappearing Jobs and Why Universal Basic Income Is Our Future. Hachette Books.

• Frey, C. B., & Osborne, M. (2017). “The Future of Employment: How Susceptible Are Jobs to Computerisation?” Technological Forecasting and Social Change.

5. Comparisons Between the Roaring Twenties and the 2020s Economic Trends

• Eichengreen, B. (1996). Golden Fetters: The Gold Standard and the Great Depression, 1919-1939. Oxford University Press.

• Reinhart, C. M., & Rogoff, K. S. (2009). This Time Is Different: Eight Centuries of Financial Folly. Princeton University Press.