Who will buy things when AI takes all the human jobs? 1) Okay, let's work with a more reasonable estimate: let's say AI takes 50% human jobs. What happens then? 2) The most fundamental change would be that the: value of "work-hours" dramatically goes down. Something that
@akshat_world
-
Investment Strategy: Game Theory and AI Convergence Risks
By
–
Investing is game theory. If too many people use ChatGPT to find the same answers. And, converge to the same decision making points. The value migrates elsewhere.
-
India’s Middle Class Salary Growth Stagnation and AI Job Displacement
By
–
The salary growth for India's middle class in the last 10 years has been 0.4% CAGR. Let that sink-in 0.4%. People don't get the gravity of this:- 1) There is a severe job crunch across the world. 2) AI will replace a large % of the existing workforce, especially in tech.
-
India’s Growth Sources: Young People Must Question IT Jobs Future
By
–
If you are a young person in India ask: where will our country generate growth from? Be true to yourself. Fact check everything. It is your life on the line. Cities like Pune, Hyderabad, B'lore grew massively due to IT jobs. IT jobs did well in India because: our
-
India’s Brain Drain: Remittances Over Domestic Job Creation
By
–
FYI: India is the #1 country (top remittance receiver) in the world. One could argue that exporting humans is our #1 export. But, how dare I say: find a job abroad.
-
NVIDIA’s Millionaire Success: The Power of Equity Ownership
By
–
NVIDIA's stock created several millionaires. Since 2019, it gave 3776% since 2019. And, many employees who owned the ESOPs became millionaires. Now, you might not be able to replicate this story, but there is a very important lesson: that to get rich, you need to own equity.
-
Limited Job Growth in India Outside Wealthy-Focused Business
By
–
Unless you are starting a business, targeted to the rich of the country, nothing is changing for you. If you don't trust me, try naming 3 types of jobs that are booming in India? [1] You might say AI? well, not really. Name top 10 AI firms in the world. How many are in India?
-
Industries AI Cannot Replace: Housing, Food, Human Connection
By
–
AI will not kill these industries: [1] People will need a place to live. AI can't replace that. [2] People will need real food to eat. AI can't replace that. [3] People need to socialise with other real people. AI will replace people/ideas, who worry a lot about AI.
-
Infrastructure Monopolies: A Warning Against Future Price Exploitation
By
–
I really hope that people develop some rational thinking around this topic. And, look above politics. Right now, you might celebrate the creation of massive infra monopolies. The same monopolies would come back and start charging you 3X the price for water, gas, electricity
-
AI Won’t Replace Hard-Working Humans Who Stay Focused
By
–
Before you start panicking, realise that AI was built by humans. If you are a hard working human, who is willing to fight it out, you will be fine. But, yes, if you are diluting your brain cells by watching TikTok all day, future will be bleak.