1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
You probably need to consider the location and type of war that is going on to determine if it will effect the global economy. A war in the middle of a desert without oil is probably just going to end up as skirmishes by possibly poorer country, will not have much consequence outside the local region - except for maybe a few more refugees trickling around and maybe things like a lower supply of diamonds, or other commodities if they mined it. On the edge of Europe, from two big countries, we're seeing some massive impact on supply chains and food security taking place right now. It is very unsettling when more developed countries, even those with nuclear weapons, start getting into unnecessary fights because you never know if something might trigger it to spiral out of all control. |
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I'm always betting significant amount when I'm in the losing streak, Let's say only 30% left from my original bankroll after playing 1hr to 4hrs of non-stop Blackjack.
I always bet all-in which is my remaining bankroll that is significant amount for me on a 25% win chance rate bet on dice game. My heart palpitates during this bet and I really love the intense feeling. Most of the time I lose on this but it's really worth it if I win since I recover my original bankroll plus sweet profit of 20% of my bankroll.
I'm always doing this whenever I'm down after long gambling session just to finish with a big bang of surprise. When I lose at least I experience the thrill same with win since I have profit.
Are you doing this intense gambling experience by betting significant amount of your bankroll? This is insane but worth it if you are a thrill seeker for entertainment.
Certain players begin from the wrong point and perception of gambling: It's meant to be a bit of fun with the huge long shot chance that you might get a great return on the amount you "invested". However the majority of players will walk away with very little and it should ultimately trigger a response that the odds are not in their favor, so it is likely a place to avoid if your intention is taking a shortcut to wealth. If you're playing a session of over an hour on a completely unskilled game like slots, then you are walking down a very dark and dangerous path which will lead to devastation if you stay on it. Casinos are designed to separate you from any money you deposit with them and will use every psychological trick they can to achieve that aim. |
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Below is a list of 10 Countries With the Biggest Debt Burdens1
1. Japan $10.1 trillion
2. Greece $415.35 billion
3. Italy $2.94 trillion
4. United States $36.8 trillion
5. Spain $1.74 trillion
6. France $3.478 trillion
7. Portugal $305.45 billion
8. Canada $2.52 trillion
9. Brazil
10. Belgium $640.3 billion
I am not an economist so my question would be directed to those who understand economics and government administration. If a country is capable of paying off her debts, why don't they? Obviously , these developed countries I believe are capable of offsetting their debts because they even render aids to other developing nations.
Secondly, are there any benefits, economic or otherwise of a country being in debt?
Why would they? Many people make it their dream in life to borrow as much money as possible without having to pay it back and face any consequences, which is effectively what these countries are doing. They are walking the tightrope act of borrowing money while still being able to pay interest payments on those demands, which effectively allows them to get much richer and if they were to use that borrowed money effectively it could be extremely advantageous to them (but they rarely do). Take Greece for example, a lot of credit was extended to them but they are a fairly small economy that is largely dependent on tourism, most of the populace live a relatively easy life and aim to keep it that way, which is part of what caused the Eurozone crisis a while back when they were inclined to default on that debt and undermine the Euro in return. |
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I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites.
I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.
Maybe I'm a bad example because I barely put a couple dollars into a bet every week or two and end up making more than that from playing free games on the sites. I'm not actually sure why they continue to let my account play the free games. This means that I tend to keep small, sub $30 amounts in the account and prevents me from wasting away too much money on frivolous games. When I play the lottery I also tend to limit my account to about $10 max spend per week, which prevents overspending or wasting it on side games that do not achieve the same effect. Any time I manage to win big, it's a case of withdrawing all the excess funds and this has allowed me to take money from a few sites. |
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I read a very interesting article that actually happened very realistically. retiring early is the new American dream. Imagine working for 15-20 years (instead of 40 years), investing half your income and retiring in your 30s or 40s. But a few early retirees have found out that it’s not as amazing as they thought it would be. We chatted with a few people who retired early — and then realized retirement wasn’t for them and started working again.
- I Wanted To Continue Providing Value
While retiring conjures up images of spending all day on the beach, many early retirees don’t feel satisfied doing nothing.
- I Wanted a Challenge
Retirement removes the challenges that work presents, which can be a good thing, but may also lead to boredom and a lack of purpose. Early retirees who have gone back to work respect the challenge of working for a business.
- I Wanted More Financial Security
Retiring early takes long-term discipline and a large enough nest egg to support your needs for the rest of your life. Sometimes early retirees simply didn’t have as much as they thought they needed or wanted more money to feel secure.
- I Didn’t Want To Retire, I Just Needed a Vacation
When you’re stuck in the daily grind, you might feel like the only escape is retiring from work forever. But in some cases, you are simply working too hard and need a long vacation.
- I Have a Passion for Entrepreneurship
Once you are retired, you have more time to pursue your passions. For some, those passions include entrepreneurship and running a business.
this story is the same as what my cousin experienced, he retired early (at the age of around 35 years) now he is around 45 years old but there is an illness he is suffering from and he has to get proper treatment which quite expensive, so he sold some of his valuables and also withdrew his investment in shares. as long as you can still make money, don't even think about retiring early, I know early retirement is everyone's dream but who knows what will happen next, you have to maintain your grades and productivity so that you stay healthy and respected by people. I'd say there is a big difference between most peoples normal retirement age and the story of your cousin quitting work at 35, it doesn't sound like it's going very successfully from your story. Illness can pop up for all sorts of reasons, but depression and lack of purpose can often create a negative mindset which is never going to be healthy. Besides that, most people retire past 60 and some of the points are very true. When people have been doing a 9-5 job for 40+ years, it can be a huge culture shock not to have a reason (at least in their mind) to get up in the morning, so they need to come up with new reasons and restructure their day to this new reality. Most people are able to do this, even they might have a hard time in the first year and finally figure it out, but some really struggle. |
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The benefits of using no-KYC (Know Your Customer) casinos include:
Privacy: Players can remain anonymous since they are not required to produce any sensitive information regarding their Identity.
Easier Registration Process: Registration is usually quicker, less time consuming and less stressful as there's no need for identity verification documents.
Improved Access for Restricted Regions: Players from regions like Quatar, Brunei, Iran, Pakistan and others with strict gambling regulations and limited access to Casinos can Indulge in it without trace and will find no-KYC options more accessible and comforting.
Reduced risks of data breach: Since you're not sharing sensitive personal information, the risk of personal information shared with the casino operator being mishandled or having a data breach involving your sensitive data is given no chance.
However, it's important to note that no-KYC casinos may also have some drawbacks, such as limited regulatory involvements to excesses and
very less customer support. Additionally, they may not be as reputable and reliable as licensed and regulated casinos, you stand a chance of incurring great loss of your funds and assets, so it's crucial to exercise caution and do thorough research before patronizing them. Never forget to Always gamble responsibly.
The benefits of using KYC (Know Your Customer) casinos include:
Improved Security: KYC procedures helps to screen the players and correctly verify their Identity, making it more difficult for fraudsters to use the platform cos they cannot provide verifiable documents easily.
Regulatory Compliance: KYC compels casinos towards adhering to legal and regulatory requirements, reducing considerably the risk of legal issues and concerns.
Responsible Gambling: KYC allows casinos to monitor and instill good gambling practices and protocols, helping to protect vulnerable individuals.
Limiting fraudulent activities: It aids in the prevention of money laundering and other numerous cyber and financial crimes by verifying the source of funds of the players Involved.
Accounts Recovery: In case of losing account information, KYC can assist in account recovery, ensuring players do not loose their hard-earned funds.
I believe it is also very imperative that we know about the drawbacks of KYC Casinos like lack of privacy, documentation stress, accessibility too because if you don't have access to proper documents, you cannot partake in it, trust concerns as it is difficult to verify the extent your provided data will be utilized. it is also very much time consuming to go through these processes.
finally, having known all these pros and cons, you can make your decisions on the casinos you want to get involved with as both types of casinos have their own good sides as well as limitations.
There are a lot of clever criminals out there and their tactics are always evolving over time. Outside of the biggest casinos shown discussed here, if you ever end up on a new site then you have to take a big leap of faith that they are genuine. There's much money to be made in collecting personal identity documents like passports and driving licenses, which can then be used to open accounts or be resold for all sorts of purposes. It is only through many years of experience that you might be able to detect little things that you feel might be "off" and you should stick with your instincts if anything seems out of place. Even very poor English on the customer service/help desk can be an indicator that something is wrong. |
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I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
It's not exactly difficult to figure these things out, but some people try to think up elaborate reasons when the answer is staring everyone in the face. Russia's invasion and ongoing war on Ukraine have had massive impacts on global supply chains, started just after things were getting back to normal after the Covid lockdowns were ending - Putin caused great chaos again for zero benefit. Russia is forever getting weaker in it's current state. Besides that, these two countries were large exporters of food, much of it travelling through the black sea which is now too dangerous to traverse for cargo ships. So not only are crops not being tended due to the state of war, the fields have been ravaged and the farmers are now defending their land from invaders. It's all Russia's fault and will only start to get better when they leave the whole of Ukraine, along with the end of their dictator. |
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In this post, I want to shed light on what you should consider before funding a gambling site you come across. While many of us here use online casinos for a bit of fun or as a way to earn some extra profits,it's crucial to understand the potential risks involved.
These days, with the amount of users coming into the gambling section, they should be aware that there are lots of danger before deciding to go into gambling. You can risk your funds, losing them to these casino, because you don't understand how these games are played. Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.
Check the Casino's Reputation, Before you jump into any online casino, take some time to research its reputation. Find out if others have used this casino and whether they've been able to successfully withdraw their winnings. A trusted casino should have a track record of fair payouts.
Assess the Casino's History, Investigate how long the casino has been in operation and the level of trust it has built among its customers. Older, well-established casinos often have a better reputation for fairness and reliability.
Protect Your Privacy, Be extremely cautious with your personal information. Never disclose sensitive data to anyone claiming to be from the casino, as this could be a ploy to steal your funds or identity. Legitimate casinos won't ask for this information upfront.
Set Betting Limits,Avoid the temptation to bet more than you can afford to lose. Set clear limits for yourself, both in terms of time and money. Gambling should be about entertainment, not financial desperation.
Resist Addiction,Winning can be exhilarating, but it can also be addictive. If you find yourself unable to stop gambling after a few wins, it's time to take a step back. Remember that gambling should never become a primary source of income.
online gambling can be a fun and potentially rewarding activity when approached with caution and responsibility. Think of it like playing video games, but with the added thrill of potential rewards. Be diligent, protect your privacy, and always gamble responsibly.
The reality is that scammers can be incredibly manipulative and use some very sophisticated tricks these days on newcomers. Your advice covers the basics, however sometimes it is only through trial and experience that people will learn the painful lessons that keep them safe in future. Keeping your deposited balance low for a few months while you build trust at new locations is the best idea and even testing out the withdrawal functionality before you need it, can help identify any obstacles that get thrown in your path. Even basic things like page loading time and how professional the graphics are, scrolling through the terms of service to see if any obvious spelling mistakes jump out, can give little indicators on how professional a casino acts. |
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Let's suppose you have a limited budget which can be used only for one of the alternatives below:
What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?
It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?
For most people these are staggered questions, depending on the country you are in - you can often get student loans as you leave school in the 18-21 years old range, that will see you through university courses and should be some of the cheaper debt that you can find out there, although this is increasingly not the case. That means that you effectively fund your education through borrowed money and do not need to pay it in a lump sum, it is repaid over your whole life time in some cases, until you retire at 65 or pay it off earlier. Going to university, depending on the outcome can often gain you access to much higher salary jobs and you often end up taking stepping stones - rentals, to apartments, to houses but it is heavily dependent on the property market in your area. |
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Yes, Gambling addiction has strained a lot of relationships through financial instabilities emotional turmoil, social isolation, and family problems. Gambling which was meant to be a popular kind of entertainment for many and was designed to provide a temporary escape from everyday life and also help one to be more observant mentally task your brain and it is also good for your mental brain. When it becomes an addiction it causes financial strain the strain can manifest in various ways including the loss of shared savings, debt accumulation, and financial secrecy which may lead to strained communication between partners. This communication breakdown can prevent couples, friends, and associates from working together.
You have some unusual views about gambling. Gambling "was meant to be" this and that? It is fun and light entertainment to many people, who do it very sparsely and not to excess. A small amount of people take it way too far and let it have a much larger impact on their life, which as you identified spills into personal relationships. There is nothing requiring any sort of mental agility, like you seem to suggest, about clicking buttons repeatedly on a slot machine - it is doing nothing more than stimulating the dopamine responses which reinforce habitual behavior. People misinterpreting the signals, which are very much engineered by profit seeking companies, are what gets them into trouble long term. |
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Bad news for foreigners with foreign income living in Thailand as the government in Thailand will tighten tax regulations on foreign income to Help the Thai economy right. Thailand will tighten loopholes in tax rules on overseas income as the new government attempts to lower income gaps as well as increase income to pay for measures to stimulate the economy the finance ministry last week issued stricter rules on overseas income.
Thailand's prime minister told the Business Forum on Monday that new rules that will come into effect on January 1, 2024 will allow authorities to tax foreigners' income if they have been residents of Thailand for at least 180 days in a given assessment year. This is in accordance with the announcement by the Thai Revenue Department. Some people may not be happy that I delve into this area, but inequality is a big problem referring to the growing wealth gap due to tax loopholes.
the big question is how many people come to Thailand and stay here properly and live off the money they earn from other sources of income from other parts of the world.
I have some Thai acquaintances, the situation in Thailand currently, is not crypto friendly. Is This a crazy policy? They already pay taxes on their income, there is no need to do it twice. What do you think will be the response to this news? I mean, let's say you're a foreigner in Thailand, let's say you have income in America does that upset you?
It seems quite a fair move and maybe long overdue, if it's like certain other countries they will be getting an influx of Russian visitors at the moment and maybe seeking to balance things out slightly with contributions from these visitors. Besides that, if you're living in a country for over half a year at a time, it is quite reasonable that they be able to start asking for a contribution for the upkeep of all the services within it - beyond what you may pay for things like food or renting. A lot of people become accustomed to the generous perks that are sometimes given, in an effort to attract talent, but are often all too quick to spirit away funds that they've earned while living luxurious lifestyles in comparison to locals around them. |
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Just a warning in case it prevents someone from falling into this shitty scheme.
I was checking a crypto-casino with very easy entry just asking email and country, and allowed deposits in the main cryptos. I didn't need to deposit anything to realize that to withdraw funds they did require a complete KYC with ID, etc. I also tested registering from a banned country and even indicating it on the form, and it does not prevent you from making a deposit.
I guess I stated the obvious, but I don't see the point for gamblers in using this.
Ultimately it is the responsibility of the person placing the bet to fully agree to what are in most circumstances, fairly reasonable terms and conditions. While there may be a lot of them to cover all sorts of legal scenarios that need to protect both parties, "know your customer" rules are pretty standard these days - even on fiat currency sites - so any regular gambler should expect them to be in there. You could argue two ways: these gambling sites will sometimes allow people to test, at a small scale, the functionality of the site without risking too much and possibly allowing withdrawals, or at the very least causing the player to abandon very little. Alternatively anyone depositing large sums of money in another site should be well aware of the rules around using it, for their own protection. |
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It's no news that the economy of X has been dwindling and I wouldn't say I was shocked when I read the news from CNBC that Elon Musk in a live stream conversation with Israeli Prime Minister Benjamin Netanyahu indicated to start letting X charge every user a small amount monthly to combat fake account and bot dominance.
I believe his style and excuses are not genuine as I wonder if his X is the only social media platform with fake accounts and bots, and has others started charging users for the fight other than from the revenue they generate from ads and other means. His arrogance has cost X a lot and might continue to do so.
As much as I respect the fact that Musk needs ways to monetize the microblogging app, there are some things I won't take. I won't pay for a service that others will offer similarly for free, not when I don't earn a penny from it.
If he makes his deed good, then someone like me will surely excuse myself no matter how little he charges.
My main reason is that I don't earn from the platform and have an alternative to what I get from it. Secondly, this will serve as a protest to dissuade other platform owners from following suit. If this is successful, I'm sure that with time, others will begin to make sure people pay for social media platforms.
What about you? Are you willing to pay for X?
It's honestly astounding to watch the self centered ego of Musk and the implosion of wealth he has created in his purchase of Twitter, plus it's subsequent disastrous steps. He seems to see it as irreplaceable, but many platforms have fallen in the past, only to be replaced by others and Twitter does not have any special intellectual property that would prevent this. The very fact that he renamed it "X" which can be construed as super negative, is indicative that he just wanted to use the domain and is literally trying to smash Twitter into the mold that he wants to create. He's going against so many parts that made Twitter what it is today and charging users will be the final nail in the coffin, because people simply won't tolerate paying for a social network when they can use free alternatives that have been able to monetize effectively and not destroy advertiser relationships. |
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I wish I could have posted this in a more better place but since the thoughts came from gambling addiction, I thought it wise to ask this question over here and I hope we can discuss and get this straight.
Just as the tittle already ask, I really want to know if people who are successful in gambling also seen as addicts because I believe for one to be successful in gambling or whatever they choose to do, there must be some good amount of time and effort invested in it as well as money and we know that a successful gambler must have invested both time, effort and even money to make any reasonable winning and these also are features of an addict as there are always excessive time spent on a betting site.
Now let's be sincere, will you also classify a successful gambler as an addict?
You could say that one sign (as long as it's matched with others) of a successful gambler is that they won't care how they are "seen". Much like a person who has millions in the bank and lives a rather frugal, or at least not extravagant, lifestyle can live happily. If they are truly successful, as in they make enough money to sustain themselves and even become partially rich from gambling in a talented way, then they can rightly ignore anyone around them that perceives gambling to be a reckless endeavor. People are able to make their own determinations on how profitable a certain activity is and an outsider might not understand what sort of money they are actually making from this pursuit, so should not judge. |
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When one of the world's largest banks offers such services, it gives more credibility to the industry and opens the door for wide adoption. This also shows the increase in consumer demand for digital assets like bitcoin. This will help the regulator provides clear rules and regulations to foster industry growth. Their move towards digital assets is a timely step when other top asset managers are applying for bitcoin ETFs. The demand for digital assets at the consumer end will force the regulator to come up with ideas to announce some clear regulation.
Deutsche bank, like many in fairness, has been in it's fair share of scandals lately and will be on the hunt for new sources of income it thinks can be leveraged into a cost center. While it does give some legitimacy to Bitcoin in the short term, there is nothing to prevent them getting smacked down hard by either German regulators or those in places like America later on. It seems strange that more banks haven't started providing this service, but in reality they are the stalwarts who supposedly take great pride in heavily vetting their financial services and knowing who their customers are. Bitcoin can open them up to a bit of murky activity unless they take great care and they have been punished by huge fines for getting these things wrong in the past. |
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This is just the basics, but anyone should be aware of it: Budget: set it BEFORE you start gambling and stick to it. Have a break from time to time, it is important to let your brain stop and consider. Avoid drugs / drink as much as possible, they will make you loose some control innevitably. Seek help if you feel you are no longer in control. Make a phone call to a friend or go out and speak with someone. Anything else anyone can think of? Like... read this post before gambling?  Being in the right frame of mind can be key and not just thinking in terms of intoxicants. If you are angry or feeling rushed, it can effect how you decide to play, especially in games like poker which can require the utmost patience. If you fall into tilted behavior during the game you should be able to identify it and pull back or simply decide that you will leave the game. Identifying how long you can gamble for without losing concentration is a good idea as well, if you think you're on a winning streak in your first 2 hours of play - it can be true - but then get tired and hand it all back plus extra, then the whole session was net negative, which can be damaging on your long term earning potential. |
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Bitcoin Mining and Clean Energy: Bloomberg Intelligence reported Bitcoin miners now meet the 50% clean energy threshold. Jamie Coutts shared the latest on X (formerly Twitter), saying, “The Bitcoin energy narrative is flipping! A new note out this morning on the Bloomberg Terminal looks at the rapid rise of sustainable energy sources in BTC mining.” In 2021, Elon Musk announced that Tesla (TLSA) would resume accepting BTC when miners reach the 50% clean energy threshold.
Genesis Ceases Crypto Trading Services: On Thursday, news hit the wires of Genesis halting crypto trading services permanently. Genesis previously announced the end of spot trading by September 30. Derivatives trading services will cease immediately.
SEC v Stoner Cats 2 Draws Condemnation: Stoner Cats 2 LLC became the latest victim of the SEC onslaught on the US digital asset space. The SEC announced charges against Stoner Cats 2 LLC for conducting an unregistered offering of crypto asset securities in the form of NFTs that raised $8 million to fund Stoner Cats, an animated web series. Ripple CLO Stuart Alderoty called out the SEC move. SEC Commissioners Hester Peirce and Mark Uyeda dissented.
Deutsche Bank Enters the Crypto Space in Earnest: German banking giant Deutsche Bank (DB) and Taurus SA announced a partnership to offer crypto and tokenized asset custody services to institutional clients. Deutsche Bank Global Head of Securities Services Paul Maley reportedly said, “As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one of the priorities for investors and corporations alike. Source: https://www.nasdaq.com/articles/crypto-news:-clean-energy-bitcoin-mining-threshold-puts-elon-musk-and-tesla-in-focusOne of the biggest criticisms of bitcoin was its carbon emissions and its environmental impact. Elon and Tesla were at the forefront of this criticism. Despite this, Tesla held bitcoin but sold it to the market later on. This news will have a positive impact throughout the industry, and companies like Tesla are likely to come to the market again as, as Elon previously mentioned, Tesla will accept bitcoin when miners reach the 50% clean energy mark. This will be a major boost for the bitcoin industry. Institutional investors are mostly concerned about the environmental impact of bitcoin mining. This opens a path for institutional investors to come onboard. It's a bit of an illusion really and not one that most governments are going to fall for in terms of calling bitcoin "clean". The real calculation is whether Bitcoin is comparatively clean when being utilized in calculating sums in order to get "rewards" for a small group of people versus other potential uses of that energy. Would it be better if the energy from a hydroelectric dam is used to power 50,000 homes than a server farm mining bitcoin for the benefit of one person or company? The general public would definitely vote for the former over the latter if it was displayed in this way. If it energy costs ever shoot back up again, these sort of calculations will again be under the microscope and governments will not hesitate to ban this sort of energy usage, they will frame it as wasteful. |
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In my country there are no casinos operating because it is an illegal activity. However, many online gambling sites operate and have many users from our country. So, even though I often play on online gambling sites, I have absolutely no experience playing gambling in real casinos. I often watch YouTube about gambling in real casinos, especially about slot machines. I noticed that in real casinos, slot games do not have a buy free spins feature
Do you have experience playing at real casinos and online gambling sites? Is there a difference playing there? I want to know.
There are a lot of similarities, you often get bonuses when you first attend and many of the games can even be identical to the online versions. There are a few differences, the one that struck me was walking into a casino, going up to the bar and asking for a drink - got it for free and was shocked at this, have since received freebie vouchers for drinks at a couple other places, but you should always check whether you're paying for them before assuming it's free. They can often be quite dark, or alternatively very bright, in order to put you into a certain mood and make you forget about the actual time of day. Some of the ones I've been in have been quite depressing and empty of people, but this can change throughout the day/evening and depending on the traffic at that location. |
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Since the popularity of AI, a lot has changed in so many sectors;
1. Students now rely much on it for their assignments and it's almost difficult to engage the brain in constructive reasoning since AI can always come through for them
2. It has affected the graphic space since you can just do an AI portrait, or simple graphics for yourself using the AI tool, and the graphics guy is technically not needed anymore.
3. The coding guys are not even left out and although it has its advantages in all these sectors I feel it also has done a huge damage in increasing the rate of laziness on the part of the youth.
We are enjoying the ease that comes with doing things using AI at the snap of our fingertips but I fear that over dependent on it might have serious effects on society, in the years to come.
I see that some people overestimate what AI can do and find it very scary, which is often true of new things - it could be equivalent of the advent of the internet in the long run and revolutionary, but we're still at the very early stages of figuring out it's potential. I see it being used at my workplace for all sorts of things, some people are asking it to write database queries for them and while it is quite good, using some advanced techniques, it still has room for improvement and for company purposes you cannot give it too much proprietary data. It's also been excellent for writing articles or even in certain circumstances giving the outline for a personal review - if you plug in the right criteria it can get very close to human writing styles. |
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I want to start a discussion highlighting some points I read online regarding women as compared to men in entrepreneurship and the chance of success.
Men and women do not prepare for the launch of their business in the same way. The number one preparatory activity for women is specific training (43.3% versus 31.8% for men). Men are looking for potential clients (45.8%) and writing a business plan (42.5% versus 34.6% for women).
Market research is carried out by about 1/3 of men and 1/4 of women.
Women entrepreneurs are much less experienced than their male counterparts: 37.5% have less than 3 years of experience versus 25.7% of men.
82.5% of women start businesses alone (compared to 69.8% of men)
Men consider that they are more entrepreneurial than women (84.7% of men against 72% of women)
Men have much more confidence in the future than women (48.2% of women vs. 64.7% of men)
Men are clearly more confident in the success of their company than women: 72.4% versus 65.3
There are far more unemployed women than men among entrepreneurs: 25.9% versus 16.9
Women are 3 times less likely than men to have already tried the adventure of creating a business: only 5.3% of women had already created a business against 18.4% of men
As a result of the difficult economic times, do you consider that there will be more women entrepreneurs competing with men in this field which it so looks like they currently dominate? Until the advent of the internet you could argue that women's ability to compete in the workplace has been stifled a lot. If they choose to have children, they are the one who has their career interrupted through the pregnancy period and traditionally (less so now) have been the person who stays at home during the first year or two of the babies life to look after it. This can often happen during the peak of their earning potential as well, so it makes it even more difficult to plan over the long term. There has also been a pay gap, even for the same roles, in the past which was not deserved. This meant they often had to be much more resourceful with their cash and had more limited means to launch new projects. Hopefully the age of the internet continues leveling the playing field. |
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