Be The Dinosaur, Or The Phoenix. Your Choice
Just had a phone talk with my parents a few minutes ago and my mother felt the need to point to me that she read on Facebook about some financial analyst warning about crypto, in the case of potentially ruining one's finances. My reaction simply was: crypto hasn't ruined anything for me, on the contrary, it has made a lot of things possible.
It would be pointless to once again dedicate a whole post to how great crypto is, as I have quite a few of these. Hence I'm gonna steal a few minutes from your time discussing labor during covid times, how some jobs will be lost forever and why I'm excited about this uncertain future.
Yesterday I've met with a friend of mine who's an area sales manager at a company that commercializes working tools and who's daily tasks prior to covid were to be out every day and take the pulse of the stores, check competition and so on. Thanks to the pandemic he hasn't done his job as he used to for almost a year. The company's policy during the past year has asked for less to no interaction.
Hence he's been somehow hibernating for all this time. He can't do much over the internet as his job required human interaction... He has been paid the whole time, but he noticed something. Sales haven't been affected since the covid pandemic and the company has started to ask for lesser and lesser working costs from their employees.
While they had absolutely no limit in traveling expenses and whatever their work was asking for, just one year ago, now the bosses are requiring cheaper accommodation, less traveling and his fear is that sooner than later his position might be in jeopardy to. Why would you need area sales managers if after one year of having your mangers on pause sales are just fine?
One thing that I told him, and @taskmaster4450 has mentioned on his blog many times lately, is the fact that many jobs will simply disappear in the near future, whether robots will replace human labor or internet commerce will prove to score better sales than actual stores. Some will have to re-qualify. Others are probably already in the process of doing that and the rest will for sure live on an UBI decided by the elites.
The process of monetization is starting to gain traction and there are more and more activities that can get monetized and the ways to earn a loving are diversifying. During our conversation he mentioned about that thing called fans only that's become a trend in social media. At first I haven't caught the idea of what's about, but after a few minutes it was all clear.
This fans only is some sort of a live cam paid activity. I don't know if the ones that are paying for access of some bimbo's live stream are actually going to see any nude, but they're paying for something and that's exclusivity, no matter the activities some girls are doing behind the camera.
The more humanity is taken away from its natural interaction the more interest towards online interaction will be revealed and sooner than later monetizing content will expand to all sort of activities and grow exponentially. I'm not sayin that whoever loses his job due to technology replacing human labor will become an online content creator, but somehow we can notice a trend in here.
Human labor is going to become extinct in a few decades from now and the ones already searching for alternatives will be the best positioned in the era of abundance that's about to come. I don't know how many are seeing the potential of what we have with monetizing content on Hive and being able to get involved in DeFi and so on...
The web is being created as we speak and the earlier to the feast the better. I could notice a bit of fear in my friends attitude towards loosing his job, but at the same time I realized that we now have a chance as human beings to earn our living by doing what we love, to ditch the regular 9 to 5, stressful bosses and fixed incomes. Interesting times ahead and such a relief to be part of this revolution.
We're on the cusp of a major altcoin season in crypto by the way. Hold tight and don't sell too soon.
Thanks for attention,
Adrian
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One of the biggest thing COVID did is to make companies realize they did not need all those middle managers. Hence, it does not surprise me to see your friend put in jeopardy. In fact, I will forecast that it is only a matter of time before his job is lost. He is actually redundant without knowing it.
We see this in many businesses. The company I use to work from, when I went, had about 75 employees. Post COVID, they are down to 45 yet are still on the same path they were before.
A lot were "restructured" out.
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Many will not "technically understand" this type of restructuration.
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True. It's not even new. Companies have been waiting for opportunities to let people go without social consequences sind the 90s at least.
Most companies could streamline their workforce by a big margin, without noticing any difference. It's just the fear of social repercussions and possibly even ethics that keep them from firing so many people.
It will take a few decades till we are there, but I can't imagine an economy of 2100 that still relies on manual labor and can provide jobs for 90+% of humanity.
Kind of what I talked to him.
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I presume our kids need to adapt to a new world where work will be different of what our parents use to do.
Definitely
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If you have young kids they don't have to. They won't know anything else. Certainly they won't know the world we transition from.
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Yeah, I see so many examples lately of people who will likely lose their jobs in a matter of a few years.
Talking about your friend and that you said you felt he was afraid to lose his job. Fear is a great motivator. Complacency or depression would be bad.
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Indeed.
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