If A.I. takes most of the jobs, who is going to buy anything?

bèlla · Jun 8, 2025

2PhiloVoid said:
Right, I don't think A.I. is going to replace humans themselves, but it likely will replace many jobs. I guess we'll see what happens in the wash.

By replacement technology in this context I’m referring to jobs.

There must be a catalyst for UBI and digital currency that the people will accept without complaint in spite of the loss of privacy. And that usually requires breaking. A combination of a loss of jobs, recession (depression), inflation, higher prices, etc. When the government opens his wallet they’ll say yes.

But as the saying goes read the fine print. You can get a reduction on your telephone, mobile and internet service if your provider participates in the program. But they’re collecting your data much like the UBI pilots are tracking your spending habits.

~bella

timewerx · Jun 8, 2025

bèlla said:
You’ll never beat the market because it wasn’t designed for that and laddering is best. You don’t have to agree with capitalism to exploit it. You often speak of the poor and this is how you help them. You play the game ethically. You can’t do it their way because it puts you in a box. You have to get outside of it. Otherwise, you’re worrying about things like Ai, higher prices and the like.

I seemed to have beaten the market and I have some charts to prove this. It just works way better than regular grid, DCA and even Martingale and capitalizes on high volatility especially during periods of market manipulation.

It's mostly automated. Probably the easiest money I ever made which ties in to the topic. The broker I'm using have AI derived strategies but my strategy still works better long term with much higher Sharpe ratio.

But sadly, I have to withdraw all the funds soon to pay the bills. Too little invested and the bills exceed the profit it makes. It could have changed my life have I known it years before.

The only weakness of the strategy is the user unable to resist using leverage or borrowing funds and the broker itself staying in business.

The best thing that ever happened is the internet and it can liberate you financially if you’re smart.

That is if you're smart and among other things.

I have absolutely no idea what the Lord's plan for me. It's all very strange. On one hand, I'm financially destitute, very thin and underweight. On the other hand, I don't seem to be aging, not getting sick, and very strong physically. Perhaps health is wealth and Jesus said nothing is more important than life.... Perhaps way too literally. I have plenty of life but not much of other things.

FireDragon76 · Jun 9, 2025

My prediction is that it's going to be a future we cannot fully imagine or predict. I suspect it's going to be a mixture of different responses. Having worked with AI myself, I don't see it replacing human wisdom, or even intelligence, any time soon in many fields. But it will increase productivity, and that could mean, yes, some jobs are just going to be lost altogether. However, new job opportunities might also be created, like prompt engineers. Precision in language is especially important when working with LLM's, since precise language becomes even more powerful. AI is still a computer program, and like all computer programs it's GIGO (garbage in, garbage out).

And it's possible, even likely, that wise societies are going to implement something like a UBI or expand social welfare programs to deal with these challenges as our societies transition into an unknown future.

durangodawood · Jun 9, 2025

FireDragon76 said:
My prediction is that it's going to be a future we cannot fully imagine or predict. I suspect it's going to be a mixture of different responses. Having worked with AI myself, I don't see it replacing human wisdom, or even intelligence, any time soon in many fields. But it will increase productivity, and that could mean, yes, some jobs are just going to be lost altogether. However, new job opportunities might also be created, like prompt engineers. Precision in language is especially important when working with LLM's, since precise language becomes even more powerful. AI is still a computer program, and like all computer programs it's GIGO (garbage in, garbage out).

And it's possible, even likely, that wise societies are going to implement something like a UBI or expand social welfare programs to deal with these challenges as our societies transition into an unknown future.

LLMs are probably just a stepping stone. I wouldnt invest loads of time in learning to be a prompt engineer.

DaisyDay · Jun 9, 2025

Nithavela said:
But for the foreseeable future, there will be many jobs that AI can't do. They just don't include most applications where one sits in a cubicle and types on a keyboard. And really, is that such a big loss?

Heck yeah! That's MY job!

Nithavela · Jun 9, 2025

DaisyDay said:
Heck yeah! That's MY job!

I was a copywriter before AI happened. Now I deliver newspapers for a living. It's been a good development both for my health and my bank account.

BCP1928 · Jun 9, 2025

FireDragon76 said:
My prediction is that it's going to be a future we cannot fully imagine or predict. I suspect it's going to be a mixture of different responses. Having worked with AI myself, I don't see it replacing human wisdom, or even intelligence, any time soon in many fields. But it will increase productivity, and that could mean, yes, some jobs are just going to be lost altogether. However, new job opportunities might also be created, like prompt engineers. Precision in language is especially important when working with LLM's, since precise language becomes even more powerful. AI is still a computer program, and like all computer programs it's GIGO (garbage in, garbage out).

And it's possible, even likely, that wise societies are going to implement something like a UBI or expand social welfare programs to deal with these challenges as our societies transition into an unknown future.

The real challenge will be to find something for them to do. You can't just put large numbers of people, whole communities, on the dole. That just spells demoralization and trouble.

durangodawood · Jun 9, 2025

Nithavela said:
I was a copywriter before AI happened. Now I deliver newspapers for a living. It's been a good development both for my health and my bank account.

Deliver newspapers? Are those having their little comeback moment like vinyl records?

bèlla · Jun 9, 2025

BCP1928 said:
The real challenge will be to find something for them to do. You can't just put large numbers of people, whole communities, on the dole. That just spells demoralization and trouble.

I’ve seen no discussion on that but there’s a lot of investment in gaming, gambling and virtual reality. When they speak of new jobs the numbers are small and less than 4,000 positions. Unskilled labor is taking a hit as are white collar jobs and everyone won’t be retrained. The best advice I’ve heard is do what you love and turn on a camera and that’s what many are doing.

~bella

partinobodycular · Jun 9, 2025

BCP1928 said:
The real challenge will be to find something for them to do. You can't just put large numbers of people, whole communities, on the dole. That just spells demoralization and trouble.

How much do you think insecurity drives peoples' behavior?

As far as I can tell, so long as you provide them with food and shelter most animals are fairly content with the status quo. A cow is pretty content with just being a cow. And as far I can tell, most indigenous tribal groups are fairly content as well.

So if not insecurity, then what is it that drives this 'demoralization and trouble'?

bèlla · Jun 9, 2025

timewerx said:
That is if you're smart and among other things.

If you’ve developed a successful strategy why aren’t you sharing your knowledge? You’ve got the data to back it up. Market it as low income investing and make a pdf template they can follow and sell it. And once you build an audience you can make a course. Then follow with a subscription for greater access and weekly sessions. That’s how you build a funnel.

~bella

partinobodycular · Jun 9, 2025

bèlla said:
You’ve got the data to back it up. Market it as low income investing and make a pdf template they can follow and sell it. And once you build an audience you can make a course. Then follow with a subscription for greater access and weekly sessions. That’s how you build a funnel.

Having been a successful investor since 2006, I can tell you that I'm far too lazy to go to all that trouble. Nowadays I just stick with the Warren Buffet model, buy good companies at a fair price, and then just let the market do the rest.

bèlla · Jun 9, 2025

partinobodycular said:
Having been a successful investor since 2006, I can tell you that I'm far too lazy to go to all that trouble. Nowadays I just stick with the Warren Buffet model, buy good companies at a fair price, and then just let the market do the rest.

I’m broaching the subject as an avenue to earn income on account of his knowledge to improve his circumstances. The majority share your sentiments and rarely do the same. But in a changing economy with uncertainty on the horizon you have to think differently. Traditional avenues are being replaced as technology advances. Making adjustments sooner than later is advisable.

~bella

Nithavela · Jun 9, 2025

durangodawood said:
Deliver newspapers? Are those having their little comeback moment like vinyl records?

I'm delivering in a relatively rural area, where people still get the local newspaper delivered. Not too many, but enough to make it worthwhile to pay people for delivering.

That will probably change in 5-10 years, but then I'll find something else to do.

BCP1928 · Jun 9, 2025

partinobodycular said:
How much do you think insecurity drives peoples' behavior?

As far as I can tell, so long as you provide them with food and shelter most animals are fairly content with the status quo. A cow is pretty content with just being a cow. And as far I can tell, most indigenous tribal groups are fairly content as well.

So if not insecurity, then what is it that drives this 'demoralization and trouble'?

Animals? A cow?

DaisyDay · Jun 9, 2025

bèlla said:
If you’ve developed a successful strategy why aren’t you sharing your knowledge? You’ve got the data to back it up. Market it as low income investing and make a pdf template they can follow and sell it. And once you build an audience you can make a course. Then follow with a subscription for greater access and weekly sessions. That’s how you build a funnel.

~bella

There's tons of money to be made in cryptogrift! Especially if you can own the platform. Courses help gain influence and a good sucker list, then pump & dump! All the richest presidents are doing that.

seeking.IAM · Jun 9, 2025

I recommend an interesting read, 21 Lessons for the 21st Century by Yuval Noah Harari. The author claims governments are quietly at work conceptualizing guaranteed annual income models for commerce and sustainable living for a time when most jobs are being done by computers leaving most people unemployed.

durangodawood · Jun 9, 2025

Nithavela said:
I'm delivering in a relatively rural area, where people still get the local newspaper delivered. Not too many, but enough to make it worthwhile to pay people for delivering.

That will probably change in 5-10 years, but then I'll find something else to do.

Sounds like a lot of car time. Id hate that. But good on you for bringing news of the world to those in the far flung wilds.

DaisyDay · Jun 9, 2025

partinobodycular said:
How much do you think insecurity drives peoples' behavior?

Quite a bit, ime. For instance, I used to sit next to a lovely, extremely patient woman who worked the help desk for internal IT matters. It was hilarious (and frustrating for her) how often people would lie about what they needed help with - because they were afraid of blame.

partinobodycular said:
As far as I can tell, so long as you provide them with food and shelter most animals are fairly content with the status quo.

Do you interact with animals much? Boredom and isolation will bother the more intelligent animals - there's a world of difference between a hamster and a border collie. Some animals, like felines and canids, need stimulation to thrive; even hamsters appreciate a wheel (apparently, even in the wild.)

partinobodycular said:
A cow is pretty content with just being a cow.

I've heard tell that free range cows with social interaction are happier than pen-raised cows even though the latter have food and shelter.

partinobodycular said:
And as far I can tell, most indigenous tribal groups are fairly content as well.

Have you looked at the health and life expectancy of America's indigenous groups that have been confined to areas of limited opportunity?

partinobodycular said:
So if not insecurity, then what is it that drives this 'demoralization and trouble'?

You haven't established "not insecurity".
Seems to me that a healthy, well nourished population might engage in public works, education, sports, arts and literature - not just couch potatoing.

Nithavela · Jun 9, 2025

durangodawood said:
Sounds like a lot of car time. Id hate that. But good on you for bringing news of the world to those in the far flung wilds.

Lot of car time with lot of walking, climbing steps, taking care not to slip when it's below freezing and sweating when the nights are 22 degrees with high humidity. And of course, most of the time it's dark.

Fun times.

If A.I. takes most of the jobs, who is going to buy anything?

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