leaves83829

3 เดือนที่ผ่านมาdiscuss

i saw this ALL the time at past employers. Employers higher all kinds of interns who eagerly get truck loads of work done and build great connections. and 2 years later the company is getting sold off, out of business, or mass lay offs all over the place. what's the point of highering all those interns in the first place?? geez.

leaves83829

4 เดือนที่ผ่านมาdiscuss

>> Do you expect people to wait by while billionaires pour trillions of dollars into replacing them?

Well, I tried to warn my family and friends and they're looking at me like I'm crazy. So yes, I think most people will just treat all their layoffs like it's just a regular recession. Until, at least half your friends are laid off, most people won't be any more alarmed than if in a recession.

>> If you have so little attachment to your money, why hold on to it at all?

You'll need whatever you have left. The barter economy won't take the place of the primary economy, rather it will supplement it with transactions between members who have no currency. but, there will always be some things that you want to get from the primary economy, if you can.

leaves83829

4 เดือนที่ผ่านมาdiscuss

examples include: Great depression, third world countries like ghana, south africa, etc (and countries that have collapsed like syria), also the hazda tribe and other native tribes untouched by technology, as well as other similar to human mammalian species that share our planet like monkeys, apes, chenobos, all are able to survive without money albeit with more favorable climate/physiology.

leaves83829

4 เดือนที่ผ่านมาdiscuss

but we haven't even proven that AI will destroy vast amounts of jobs. Some, sure, junior software engineers are in trouble. but other then that, do we really have any quantified evidence as to how many jobs have been displaced by AI? i've been looking for numbers on this but it all seems murky and wishy washy. i'm open to be convinced, if anyone's got numbers.

also, if the worst case scenario does happen and most of the population finds itself without money. there are other ways to live with very little money.

leaves83829

4 เดือนที่ผ่านมาdiscuss

I quite like the websequencediagram. looks like a cool product!

He's mainly talking about the tech implementation which is the easy part.

the hard part of creating a business is finding a problem valuable enough to solve and reaching the users who need that problem solved. that's where the real value is.

leaves83829

4 เดือนที่ผ่านมาdiscuss

not just eventually. Its coming back to bite you now and for the last 10 years and the next 10 years. if you sell a house (and you're past the 500K exemption), or any kind of equities or gold, you're going to be a world of pain. Most of the "capital gains" aren't gains at all, it's just devaluation of the dollar. Let's say dollar devaluation is roughly 7% per year, that means you're paying 2% to 2.5% of your houses value every year in "capital gains" tax. sure, you don't pay it until you sell, but rest assured, it's accumulating. so 2M house means 40K to 50K per year! and if you think i'm overstating the 7%, just look at the case shiller housing index for the last 10 to 15 years!

and if you're holding cash or bonds, you're even worse off. even if the dollar is devaluing at just 7% per year, that's a 50% loss in just 10 years and that compounds to 75% loss after 20 years.

leaves83829

4 เดือนที่ผ่านมาdiscuss

This! >> I'd assume this is largely because in the current information ecosystem, people don't understand what's in their economic interests.

It's wild that even renter's aren't voting for more housing. I think it's because basic economics isn't taught in k-12 or even college anymore and this is causing a lot of problems.

Of course, there are other solutions too, like starting new cities and incentivizing companies to move there in the beginning. People follow jobs, they have to, now more than ever. if companies move there, people will follow. How is that we used to be able to create new cities and yet now, we all the sudden can't. has our material wealth really dropped so low that we can't afford to build new cities?

and what about down-sizing? in hong kong, you could create bed sized units at a fraction of the cost of a full sized apartment. microapartments? etc? all NOT legal. i think it's wrong of the city to decide that for people. individuals should be able to decide whether they want that or not, rather than being forced onto the streets.

leaves83829

2 ปีที่แล้วdiscuss

for this reason i've moved away from google docs but still, if you ever loose access to gmail, you'll loose all your account verifications that go through that email. Sure, you could use another email provider but they also have their issues as well.

Is there any solution to that?

leaves83829

2 ปีที่แล้วdiscuss

but once you finish that cabin, those property taxes will probably go up a huge amount, right?

i'm jealous. This is such a great idea, I wish i could do it.

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