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Explore the idea of woke values harming HollyWood studios


Posts: 497

I would like to review some statistics that might indicate the economic health of Hollywood. This research is purely because I am curious and want to know the truth. I'm sharing it with you because writing for just myself is boring.

First, let us review the Unemployment rate for Los Angeles County, CA.

- Unemployment Rate in Los Angeles County, CA -

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In this 30 year chart we can see that the unemployment rate in Los Angeles County is historically low for now. It could be that people have given up working though. So let's check the labor force statistics.

- Civilian Labor Force in Los Angeles County, CA -

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Here we can see that the labor force of Los Angeles County has been steadily growing even throughout the 2008 recession. What's interesting here is that post covid, the number of workers dropped from 5.3 million and only recovered to about 5 million even to this day. Los Angeles has essentially reverted back to where it was in 2015, and there seems to be no growth.

- Resident Population in Los Angeles County, CA -
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We can see in this 50 year graph that the population of Los Angeles County peaked in 2017 at 10.1 million people, but the growth rate has been slowly declining since 2005 dropping to 9.6 million at the last data point in 2023 on this graph. Is this evidence that Los Angeles actually peaked in 2005?

- Housing Cost -
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Here we can see the cost of housing has not cooled at all and continues to move upward.

Posts: 497
0 votes RE: Explore the idea of woke values harming HollyWood studios

It seems to me that there is evidence here that could indicate Hollywood is hurting, but we need to look more into the statistics of the movie industry and Hollywood itself. I'll do that later though because I'm bored of writing now.

What other stats would you look at? Please post your own data if you want.

Posts: 497
0 votes RE: Explore the idea of woke values harming HollyWood studios

I think another interesting point from this is that 9.6 million live in the county but only 5 million are working. and actually 200k of them have two jobs. In reality 4.8 million are working. See https://fred.stlouisfed.org/series/LAUCN060370000000005

SNAP benefits seems to be on the rise, doubling since 2020 from 600k to 1.3 million in 2021 https://fred.stlouisfed.org/series/CBR06037CAA647NCEN 

The average home is about 2 million dollars, and the average income went from 40k in 2008 to 75k in 2022 with half the population owning homes and 10k homes listed for sale on the market.

Posts: 33410
0 votes RE: Explore the idea of woke values harming HollyWood studios

If you really want to look into the problems at Hollywood, look into Nepotism and the general reluctance to hire new talent over unsung actors being considered "too risky" and "not a known enough name to fill seats". They treat actor names like brand labels rather than talent, as they know people will treat a name like Robert Downy Jr like Disney or Pepsi rather than risk a box office ticket to see someone they've never even heard of. 

Most movies have moved to streaming platforms, and websites like Youtube have offered that at the ground level. A lot of what's liable to cause Hollywood to die is moreover becoming an outdated model, but because of the sheer ad revenue they are going to pretend they're still living almost as much as Cable TV pretends to be. 

Go to Independent Cinemas, stream Netflix and Youtube, and look into directors who don't "play the game" as much if you want funding to go towards those who still care about quality rather than pulling a bait-and-switch ala "The Producers". 🤷

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last edit on 7/29/2024 4:47:33 PM
Posts: 4519
0 votes RE: Explore the idea of woke values harming HollyWood studios

Yeah, I'm waiting for the "woke statistics" and how you propose to make the correlation of those with the statistics you've provided here into your thesis.  I would say you would have to also compare to other states during the time period, perhaps the world as well, since you'd have to rule out certain economic trends that stand a chance to counter your argument.  The most likely culprit being Covid, for instance.  The housing market fiasco around 2008 doesn't seem to show up quite as much, perhaps, but still another factor to consider.

Thrall to the Wire of Self-Excited Circuit.
Posts: 409
0 votes RE: Explore the idea of woke values harming HollyWood studios

Yeah, I'm waiting for the "woke statistics" and how you propose to make the correlation of those with the statistics you've provided here into your thesis.  I would say you would have to also compare to other states during the time period, perhaps the world as well, since you'd have to rule out certain economic trends that stand a chance to counter your argument.  The most likely culprit being Covid, for instance.  The housing market fiasco around 2008 doesn't seem to show up quite as much, perhaps, but still another factor to consider.

It's difficult, but not impossible to do. It's always easy to sit on your ass and go "I'm still waiting" as though you've been owed anything.

Before answering what is the cause of Hollywood's hurt, it's probably a good first step to answer if Hollywood is hurting in the first place. And then answer why is Hollywood hurting, if it is. Science and statistics is messy. You've got to start somewhere.

From a Bayesian perspective, another starting point might be to understand what the woke bankruptcy hypothesis would entail. But I reckon the former approach is better because it risks a lower chance of running into the tunnel vision of 'can't think of anything else' you're worried about. Mindlessly listing plausible explanations for a set of problem that may or may not exist as opposed to first collecting data has its place, but usually only when it's a simple problem you're dealing with, like Inquirer's true identity.

Nice work Luna. Keep it up.

last edit on 8/4/2024 7:24:27 AM
Posts: 239
0 votes RE: Explore the idea of woke values harming HollyWood studios

is it woke to realize we are all just idiots trying to feel smart by exploiting and tricking each other? when stories with depth are built around those who want it both ways and to romanticize their own lives and prosperity, you end up with a shallow truth, with cynical shallow movies meant to take money while also taking away the fantasies of the ignorant and cruel.

Imperfect Priest of Determinism
Posts: 2756
0 votes RE: Explore the idea of woke values harming HollyWood studios

is it woke to realize we are all just idiots trying to feel smart by exploiting and tricking each other? when stories with depth are built around those who want it both ways and to romanticize their own lives and prosperity, you end up with a shallow truth, with cynical shallow movies meant to take money while also taking away the fantasies of the ignorant and cruel.

 no just wrong

🌺🐀 🌺
Posts: 239
0 votes RE: Explore the idea of woke values harming HollyWood studios

wokeness 4ever! 

Imperfect Priest of Determinism
Posts: 2756
0 votes RE: Explore the idea of woke values harming HollyWood studios

wokeness 4ever! 

 woah

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