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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1176228)11/7/2019 1:26:06 PM
From: Jamie153  Respond to of 1572965
 
My point about Pepsi is very simple. Vast amounts of wealth are being created by machines, machines that make Pepsi etc. When I type, "how is Pepsi" made on Utube I see a video of machines and only machines. It's not hard to imagine a time when machines didn't make everything.

I invest in the market because the money machines make has to go someplace and the only place it can go is to investors.

When I buy a stock, I don't pay one penny. It's free. Great, but again, I imagine a time when brokers and others worked to take my order, buy or sell my stock, record the transaction, and then get it back to me at whatever price they could get. Now, I determine what price and when I want it bought or sold and it's done instantaneously.

According to some estimates AI will destroy around 50% of our jobs within 10-years. Is there any job they can't do or won't be able to do?

There are machines that can diagnose and treat cancer better than any doctor. Will we need doctors 10-year from now? Hell, I can imagine a robot doing surgeries far better than any person.

My issues are 5G and government debt, both of which will change the future. We're far behind China on 5G and to stay behind China we have to create massive debt. This is not sane.