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RE: US Employment Situation Not Looking Optimistic

in LeoFinance5 years ago

Nice post! I also worry about job losses. Covid, refinement of automation, no need for intermediaries, A.I, bring an alarming combination. Even without Covid, technological evolution, as it has happened throughout history, can bring a lot of unemployment. End of some jobs, at the same time new jobs (more specialized). In Brazil it is not very different, and we already have immense social inequality. In the end wish's with a reality better than my expectations.

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All that is true and the culmination of all you describe is very telling. It is not one variable but many.

Yes there will be more jobs created, the challenge is the pace which things are going. We are seeing this happen all over the world, with both blue and white collar jobs getting hit.

It is going to be very interesting how we navigate through this. The only thing I can say is those involved in crypto will be better insulated than others.

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