Welcome to the AudioShark Forums.
Page 2 of 2 FirstFirst 12
Results 51 to 54 of 54
  1. #51

    Re: Economy and Finance Thread

    A bit of a detour while on the AI topic...


    While there are articles that claim there will be new jobs created with AI and automation (of course there will be but one needs to understand that AI and robotics were not invented to hire more people but just the opposite... ) the outlook remains grim for people not ready to retrain and adapt as well as get an education that will be useful going forward in another decade.

    McKinsey Global Institute: between 40 million and 160 million women worldwide may need to transition between occupations by 2030, often into higher-skilled roles. Clerical work, done by secretaries, schedulers and bookkeepers, is an area especially susceptible to automation, and 72% of those jobs in advanced economies are held by women.

    Oxford Economics: up to 20 million manufacturing jobs worldwide will be lost to robots by 2030.

    McKinsey Global Institute: at the high end of the displacement by automation spectrum are 512 US counties, home to 20.3 million people, where more than 25% of workers could be displaced. The vast majority (429 counties) are rural areas in the Americana and distressed Americana segments. In contrast, urban areas with more diversified economies and workers with higher educational attainment, such as Washington, DC, and Durham, NC, might feel somewhat less severe effects from automation; just over 20% of their workforces are likely to be displaced.

    Boston Consulting Group: 67% of Chinese executives and 50% of US executives expect a reduction in the number of employees over the next 5 years due to advanced robotics (global survey of more than 1,300 executives and operations managers).

    ZipRecruiter: One in five job seekers (one in three for those between the ages of 18 and 22) fear they will one day lose their job to AI (survey of more than 11,000 job seekers in the US).






    Listening to the technological/forefront leaders and the brains behind AI and their visions of a society where people will have more free time for spiritual and fulfilling lives that are focused more on helping others as well as focusing more on enriching oneself.. I can't help to think of one question... Who the hell is going to pay for the masses to live these fulfilling and spiritual lives instead of working? How does that economy work???
    Serge

  2. #52
    Senior Member
    Join Date
    Apr 2013
    Location
    Vancouver Island, British Columbia, Canada
    Posts
    9,115

    Re: Economy and Finance Thread

    I hope high-end audio won't get too expensive to jump on-board and to upgrade ...
    Or I'm going back to the casino ...

    ~ Bob ~
    "And it Stoned me to my Soul" Van Morrison
    ClickAudiophile Audition
    Snoopy as the Red Baron attack
    Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)

  3. #53
    Senior Member
    Join Date
    Apr 2013
    Location
    Vancouver Island, British Columbia, Canada
    Posts
    9,115

    Re: Economy and Finance Thread

    Price of timber is through the roof.
    The housing market is like Bitcoin, not for the young couples searching for a home to raise their kids in a normal fair respectable world.
    ~ Bob ~
    "And it Stoned me to my Soul" Van Morrison
    ClickAudiophile Audition
    Snoopy as the Red Baron attack
    Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)

  4. #54
    Senior Member
    Join Date
    Apr 2013
    Location
    Vancouver Island, British Columbia, Canada
    Posts
    9,115

    Re: Economy and Finance Thread

    ~ Bob ~
    "And it Stoned me to my Soul" Van Morrison
    ClickAudiophile Audition
    Snoopy as the Red Baron attack
    Avatar = The Alan Parsons Project - Eye in the Sky (1982 - orbiting)

Page 2 of 2 FirstFirst 12
AudioShark - The Best High End Audio Discussion forum.

AudioShark forum is a leading forum site for High End Audio Discussion, Stereo System Discussion, Home Theater System Discussion, Best Home Stereo System Discussion, Home Theater Installation Discussion etc.

The AudioShark forum was created for sharing the passion of high-end Audio. We have Audiophiles from all over the world participating and sharing their knowledge. From novice to experts, you will find a friendly environment for discussing about High End Audio, Stereo System, Home Theater System, Home Stereo System, Home Theater Installation, Amplifiers, Speakers, Subwoofers, Integrated System, Acoustic treatments & Digital Room Corrections and many more.

At AudioShark, we also have incorporated an exciting Marketplace where members can peruse terrific buys on used gear, as well as meet dealers and discuss the purchase of new gear.

We are as crazy about this hobby as you are! So come on in and join us! Audioshark.org the Friendliest Audio Forum!

Industry Participation Disclosure : The owner and administrator of Audioshark is the owner of Suncoast Audio LLC in Sarasota Florida. Suncoast Audio has a full brick and mortar presence in Sarasota with several great show rooms with many world class brands. More information can be found at http://www.suncoastaudio.com

Audioshark is a community of like minded individuals. Audioshark welcomes participation from all manufacturers and owners of all brands and products. It is our belief that online forums provide a community of like minded audiophiles and music lovers to encourage the growth of this wonderful hobby.

Sincerely,
The Audioshark.org Team

Economy and Finance Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •