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Author Topic: What should you learn so you never get affected by a economic crises ?  (Read 602 times)
TIDOVEE
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August 06, 2020, 05:16:40 AM
Last edit: August 06, 2020, 05:53:37 AM by TIDOVEE
 #21

As technology is upgrading and taking over so many job positions, we all suppose to upgrade ourselves in order not to be held back, we can also build our intellects around technology, it will be an advantage to be involved in any rising aspect. Not every job can technology replace though, the robots been constructed to lift loads are not such cheap and readily available enough to replace man power. Moreso, some countries are still battling with having consistent power supply, and even water supply. So they are not worried about the advancing technology.
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August 06, 2020, 06:04:00 AM
 #22

What is done by robots only makes human work easier and ultimately has the effect of replacing humans with robots but still robots run by humans means humans are still needed, while the crisis occurs not because of robots but there are other factors like nowdays, we must do invesment as well as improving our skills so we can keep up with the current trends to be able to earn a lot of income.

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August 06, 2020, 07:18:12 AM
 #23

In order to have at least some cover for the rear, it will not be superfluous to acquire a garden of moderate size and the ability to cultivate it, in order to at least be provided with food of our own production.

Not a single robot available for our money will do this.
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August 06, 2020, 07:36:37 AM
 #24

What is done by robots only makes human work easier and ultimately has the effect of replacing humans with robots but still robots run by humans means humans are still needed, while the crisis occurs not because of robots but there are other factors like nowdays, we must do invesment as well as improving our skills so we can keep up with the current trends to be able to earn a lot of income.

Don't forget that robots actually replace humans in the workforce and made many jobs obsolete in the past already.

I think one pretty safe area would be working for the government or the healtcare sector. If the government runs out of money they will just print new ones, your job will be pretty secure. Similar for the healtcare sector, the real economy might suffer but people tend to become always sick and need help. Especially with the changing demographic patterns of western countries, there will be many more old people in the future needing help.

Most people still prefer to interact with a human than a robot. So working in the service industry might be one of the last areas to lose to the robots.
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August 06, 2020, 07:55:56 AM
 #25

Hey, it's a great video and a lesson for everyone. We forget that we are human beings, and we should treat each other that way. I noticed that in the background, there people who are laughing towards Mr. Wordsworth treating him as a disfunctional person without essence because of the function that he is doing in this big cog called the World. Everything is an extension. of the exact purpose that we have in society.

What we are experiencing now is the removal of jobs because of the current state of the economy, not the function of the people there. It's just considered "non-essential" because of the current events too. Everyone is cost-cutting to save their businesses, but it doesn't mean the people who are jobless now are "obsolete" .

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August 06, 2020, 09:39:08 AM
 #26

a.i cant emote , is that what you mean  ? we need to act like bots so that we cannot endure the effectd of crisis ? i think people that have no soul will do it .  when our economy is on crisis , we shouldnt be selfish and  never act like you dont care but we must do something to help it . 

world has been on crisis lately but thank god that crisis is slowly fading , thanks to the people that do the right job .
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August 06, 2020, 11:49:00 AM
 #27

Right now because of this pandemic outbreak most of the people are problematic where do they find out some sources of income to survive.

We are too early in the development of AI,all we can do with them ks searching the things we wanted.We still need humans to analyse the bugs and flaws present it so it means they aren't complete AI.

And economic crisis could be arise for different reasons, what a computer can do if the whole world is under natural disaster situation?

AI is one of the best creation of a man but the problem is it depends on the developer how does it work but still right now I think there is too much use with the use it AI instead we have different technologies for detecting some problem like natural events to avoid those disasters and disease we have right now like the sensor on this COVID next is the equipment for earthquake and volcanoes movement and more.

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August 06, 2020, 12:58:35 PM
 #28

We can't run away from the economic crises. We can only reduce the impact of it. And there are tons of things you can learn which help you to survive during a crisis. As far as I know, understanding computers is really important and you can easily find many related jobs. Freelancer.com is a good place for you to start making money by yourself and remotely.

And as the world is struggling in fighting with this disease, remote jobs are quite fascinating. New technologies are expected to help us in working and meeting online without facing each other in real life. Zoom is the best example currently. And although the economy keeps going down recently, companies like Tesla still earn a huge profit over months. Be creative and you will be paid

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August 06, 2020, 01:05:09 PM
 #29

Humans should learn to do what computers / ai can't do ...Question is what computers can't do ?
Computers cannot think and don't have creativity; thus, as long as we have both, we should be just fine.
AI only does mainly statistical analysis and make a decision based on it.

What should you learn so you never get affected by economic crises ?
There are many essential industries like clothing, groceries (household supplies), health, etc. which quite robust in any situation. However, it doesn't mean we have to change our occupation due to the pandemic. Remember, we had Black Death, Spanish Flu, Avian Flu, etc., and everything would be back to normal.

What we should learn is how to manage our finance, store foods in the harvest period, and use it in the winter.

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August 06, 2020, 01:47:29 PM
 #30

Right now because of this pandemic outbreak most of the people are problematic where do they find out some sources of income to survive.

We are too early in the development of AI,all we can do with them ks searching the things we wanted.We still need humans to analyse the bugs and flaws present it so it means they aren't complete AI.

And economic crisis could be arise for different reasons, what a computer can do if the whole world is under natural disaster situation?

AI is one of the best creation of a man but the problem is it depends on the developer how does it work but still right now I think there is too much use with the use it AI instead we have different technologies for detecting some problem like natural events to avoid those disasters and disease we have right now like the sensor on this COVID next is the equipment for earthquake and volcanoes movement and more.
Weather forcasting and natural disasters were alerted by the sensors which is done by monitoring the climate changes and the movement of earth not sure where AI has been used or not?

Google is the one in leading the development of AI.

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August 06, 2020, 05:24:47 PM
 #31

I would assume that people would always be effected by economical crisis, there is no way that you can get away from it no matter how rich or poor you are, there is not a single person who wouldn't be effected by it.

I would say that people who are richer could be effected even more because usually they are rich in the sense that they make a lot more debt considering they make a lot more revenue as well and they know that they would be easily pay back that debt since their revenue is a lot more, but when a crisis happens their debt skyrockets and their revenue drops which means they would be not able to pay their loan. Finally, I would consider that you should just have money saved up aside if you can so that you could spend it when there is a big crisis coming around.

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August 06, 2020, 06:30:03 PM
 #32

EVERYONE gets effected by an economic crisis in capitalism - its the tradeoff...

Is there something specific you're referring to here? If it's work then you'll either have to become a creative or an engineer. For investments, don't pull out after a drop...

Robots are painting now

https://www.youtube.com/watch?v=dkTjEi7O4Ic

Ai is making music now also

https://experiments.withgoogle.com/ai/ai-duet/view/

So doing creative stuff will not save us

Essentially we are creating our own doomsday. Millions of jobs are already lost due to robotic automation. In my previous company, the senior management has implemented RPA (robotic process automation) for majority of the accounting jobs through a software called automation anywhere. Earlier they used to have around 50 people to take care of the entire accounting process, now they need only 5 to check the contras thrown by RPA. Remaining all are done automatically.

While businesses are getting benefited, we are loosing jobs. So the business empowerment is premised upon our own de-empowerment. Not sure what skills will help us to survive! Probably some skills that requires human emotions to take charge!

UBI is the solution to the increasingly automated world we live in. The rich fight it because nobody wants to pay higher taxes, but the alternative is inevitable widespread civil unrest.  The industrial revolution has improved life throughout the last 150 years so much so that people's lives were improving over previous generations through the use of automation.  The gains were spread throughout all the socioeconomic strata of society and so there was no reason for revolt by the lower strata when people's lives were constantly improving.  We are now reaching a point where the gains through increased automation are all going to the top strata of society, and their response to their destruction of jobs is "just work harder, try something new, adapt."  As economic opportunities continue to disappear, people will get poorer and angrier and political violence is inevitable.  UBI is the only hope to head off widespread civil unrest, but the rich are too greedy now to realize it's in their long term benefit as well.

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August 06, 2020, 07:10:56 PM
 #33

We must learn to get money from different sources of income, and not rely on just one job. Then the economic crisis will hit less painfully. For this, it's advisable to also take care of our health.
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August 06, 2020, 07:59:13 PM
 #34

It's not as if our technology is accelerating dangerously fast for us to be put in a precarious situation in the future. Mind you, there are still some limitations on the advancement of our current tech. such as in the department of the processors and how small they can be. This calls for the creative and innovative minds of engineers to bend these limitations to something workable and still capable of progress no matter how small. Investing your time into learning something related to engineering might be of help to secure you some jobs in the future when robots take over, since these robots would surely need someone to work on them to improve even further.

As for the normal things a person can do to minimize the effect of an economic crisis to himself/herself, studying the movements of assets and knowing which assets would serve best for a hedge on the season is a good strategy, although not something that works as always since most of us probably don't have the knowledge to know which is which within a short period of time.

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adzino
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August 06, 2020, 08:35:18 PM
 #35

There is no way you cannot make yourself invulnerable to economic crisis. Economic crisis is bound to happen again and again during some point of your life. This is how it works. If there were no crisis at all, there wouldn't be any balance in the economy.
What we can do is reduce the damage of the economic crisis by taking proper steps. Just remember, profit and loss balances out each other. One mans profit is another mans loss.

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August 06, 2020, 09:16:01 PM
 #36

What should you learn so you never get affected by economic crises ?

Humans should learn to do what computers / ai can't do ...Question is what computers can't do ?

Is this our future :
https://www.youtube.com/watch?v=U3quruHpcuo

Are we going to become Obsolete like Mr. Wordsworth the librarian ?
Are you talking about learning skills that AI cannot replace or you’re talking about things you’re going to do to survive during economic crisis? Huh If it’s about skills that AI cannot do, well, I don’t think there is nothing that AI's cannot do, they are almost taking over in everything. And I’m starting to think that it is stupidity that humans are trying to make AI take over everything.

AI is good and it’s quite a good advancement in technology, but we should mind the level we are taking this to, it will be very bad if they should replace us in every area. I will suggest that you learn programming and things like that, because even if AI should take over everything, they will still need maintenance right? Lol.
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August 06, 2020, 11:25:48 PM
 #37

The reason why we have this new technology, AI, robots, or whatever it is just too simplified human workloads, not to make us human beings become obsolete and no used at all.

The video sounded like a harsh end story of our life but I don't believe it was true. Human creation has its purpose and so these technologies. It is to accept that robots can perform 24/7 more than a human being can do but that is not the thing that should cause us to become obsolete in the future. AI and these robots could only be obsolete as people will make another technology again more useful than this.
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August 06, 2020, 11:43:52 PM
 #38

We are all affected by the economic crisis and there's no exception to it. But if you're talking specifically about jobs, then maybe finding alternative jobs like online work should work. So you should learn your abilities to be more flexible in other works even it's online or not.
The reason why we have this new technology, AI, robots, or whatever it is just too simplified human workloads, not to make us human beings become obsolete and no used at all.
Agree, things are getting complicated right now and it requires a lot of understanding and calculations so, with the use of Artificial intelligence, it minimizes all of it. Actually, the one who created the AI is smarter than it, it's not that easy to implement machine or deep learning. I tried it on our project study using machine learning, a lot of training happened and codings, it's not that easy and it requires a lot of brainpower to build one.

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August 07, 2020, 12:27:17 AM
 #39

I think of two things that the current crisis has taught us that we must save money to act in times of contingency.
It is also time for everyone to have basic knowledge of the use of devices (smartphones, tablets, laptops and PCs).
And it is there that governments must be emphatic in working on technological advances so that they are within the reach of their population to reduce poverty.

If we focus on which large companies are making decisions where their employees will now work remotely for a long time. Then we realize that we are moving into the digital age that is being created as a result of a crisis. This experience will be replicated in other companies around the world, so it is important that technology is available to everyone.

https://www.google.com/amp/s/www.businessinsider.com/companies-asking-employees-to-work-from-home-due-to-coronavirus-2020%3famp

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August 07, 2020, 03:51:15 AM
 #40

It is not easy not to get affected by the economic crisis because of that impact on all people. But we need to try to survive the hard conditions while we can try to think about what we can do to solve our problem. Maybe we will search for other jobs to make money, so we can buy our daily needs because that is the primary thing that we need to fills. The other people will do the same time as what we will do because we can not just wait for help from other people.

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