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

FireDragon76

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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.

We need more nurses and people to take care of other people. There aren't enough. But that will require a change in societal values.
 
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bèlla

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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.

That’s the same guy who works for WEF who I quoted earlier. He isn’t a big fan of humanity and UBI was mentioned — Universal Basic Income. I explained what they’re proposing.

~bella
 
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bèlla

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We need more nurses and people to take care of other people. There aren't enough. But that will require a change in societal values.

Nurses are being laid off and humanoid robots were put in use for those positions a few years ago. If memory serves it was China and I posted about it. They were using them to assist with caring for the elderly. I’m not saying they’ll replace them immediately but we already have telemedicine and people using Ai for therapy by choice.

~bella
 
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bèlla

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

I can’t advise christians to defraud anyone. ;-)

But we’re all knowledgeable about something. We’re just unwilling to turn on a camera and sell it or don’t know how. People come online looking for information all the time. Bypassing bookstores and libraries. I’m happy to share what I know but I’m not giving it away. We’re in a knowledge economy and the smartest ones have learned how to leverage it in their best interest.

~bella
 
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bèlla

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Whoops. I did not see it. That's what I get for coming into a thread late!

No worries. ;-)

I wanted to make sure you didn’t miss the post because he’s part of the problem. Look him up on YouTube and you’ll find clips from his sessions at WEF events.

~bella
 
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FireDragon76

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Nurses are being laid off and humanoid robots were put in use for those positions a few years ago. If memory serves it was China and I posted about it. They were using them to assist with caring for the elderly. I’m not saying they’ll replace them immediately but we already have telemedicine and people using Ai for therapy by choice.

~bella

If that's the case, that's very dystopian. Machines don't epathise with human beings, and they don't have the same sense of presence. Humans need contact with other people, it's how our brains are wired.
 
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bèlla

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If that's the case, that's very dystopian. Machines don't epathise with human beings, and they don't have the same sense of presence. Humans need contact with other people, it's how our brains are wired.

The first clip is of Sophia the most well-known humanoid robot. I’m including a link to her name for the uninformed. I’m sure you know the reference is gnostic. The last video is about the nurse.

~bella


 
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timewerx

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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

Chart below is last year June to November. Blue line is me. While Bitcoin is at a loss most of the time from my entry point, my investment is in profit most of the time and experienced 37% growth vs BTC's 6.5%. Spot trading, no leverage, no borrowed funds. The Sharpe ratio also looks better than Bitcoin despite the fact, I'm using highly volatile memecoin-USD pairs.

I'm really not sure anymore if I can turn something from it just thinking about it now. I do have enormous difficulties and issues interacting with people and also swamped with huge problems atm. I have very poor audience reach so far. I'm also zeroing out my account to make the payments. It was fun while it lasted and did helped delay the worst case scenario.

I think most people who didn't have my problems can retire early with this strategy if they can resist higher risk levels like using leverage or setups that is more reliant on accurate forecasts or good entry price.

It makes no difference if AI took everyone's jobs. You'll be able to make money doing absolutely (almost) no work anyway.

tg.png
 
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Nithavela

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Chart below is last year June to November. Blue line is me. While Bitcoin is at a loss most of the time from my entry point, my investment is in profit most of the time and experienced 37% growth vs BTC's 6.5%. Spot trading, no leverage, no borrowed funds. The Sharpe ratio also looks better than Bitcoin despite the fact, I'm using highly volatile memecoin-USD pairs.

I'm really not sure anymore if I can turn something from it just thinking about it now. I do have enormous difficulties and issues interacting with people and also swamped with huge problems atm. I have very poor audience reach so far. I'm also zeroing out my account to make the payments. It was fun while it lasted and did helped delay the worst case scenario.

I think most people who didn't have my problems can retire early with this strategy if they can resist higher risk levels like using leverage or setups that is more reliant on accurate forecasts or good entry price.

It makes no difference if AI took everyone's jobs. You'll be able to make money doing absolutely (almost) no work anyway.

View attachment 366082
Anyone can do this, but not everyone.
 
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timewerx

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Anyone can do this, but not everyone.

I did it without doing any forecasting and it's mostly automated. The algorithm itself doesn't do any forecasting.

You can see my entry price came at a bad time and Bitcoin took a dip afterwards, my investment kept relatively non-trending and then took off form there.

It just needs good risk management and the risk can be really low especially if you can also use multiple trading exchanges.

37% growth in 5 months in highly volatile market period with very little growth isn't too shabby.
 
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Nithavela

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That's really cool and all, but imagine everyone trading bitcoin for a living for the rest of eternity. Who's going to actually pay for the bitcoin? Where does the money come from for buying the bitcoin when people rely on the money they make from bitcoin to pay for their living expenses?

Those large and growing numbers are based on what people are willing to pay for bitcoin. When people stop wanting to buy bitcoin and only want to sell it, they become as worthless as they are.
 
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timewerx

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That's really cool and all, but imagine everyone trading bitcoin for a living for the rest of eternity. Who's going to actually pay for the bitcoin? Where does the money come from for buying the bitcoin when people rely on the money they make from bitcoin to pay for their living expenses?

Those large and growing numbers are based on what people are willing to pay for bitcoin. When people stop wanting to buy bitcoin and only want to sell it, they become as worthless as they are.

I'm aware of how BTC builds value. I think most people treat it like a betting game which I think is one. There will always be people betting that's why Casinos are never empty.

A very interesting observation when I analyzed price trends for years upon events both personal and global, is that humanity may have a "hive mind" that is linked telepathically.

People can remotely react to events they never saw on the news nor perceived with the 5 senses. Like some kind of mass manipulation without using any technology. It's all biological or even spiritual / supernatural. The chances are astronomically remote to be random and with a proper system, you might be able to predict major events in advance, when and where it will take place.
 
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