On: California farmers are struggling to sell grapes as demand for wine drops

[jeltz]

Consumption of cheap alcohol is going down too and we can see the same trend among young people even in countries experiencing decreases in CoL.

[dwroberts → jeltz]

They’re separate things though. While there might be a decline generally in alcohol consumption, that doesn’t mean it’s specifically why they can’t sell the wine. Of the reduced amount of alcohol being sold, the % going to wine will be even smaller because it is more expensive

[treis → dwroberts]

Wine is or can be near the bottom in terms of doller per alcohol. It's just become a bit old fashioned.

[toyg → jeltz]

My pet explanation is the transition to a knowledge-based economy. You might be ok laying bricks or pulling levers while nursing a slight hangover, but you can't stare into a screen or keep hold of a complex coding flow.

Maybe the AI revolution will "help" in that area too...