Aviation careers and emergency budgeting

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I recommend you educate yourself on the financial instruments out there and also educate yourself on how the dollar is intentionally weakened.
You keep saying this but aren’t really explaining what the smart move is in the context of this thread or what you do or recommend. What’s the 30,000 foot overview?
 
The strange thing about that - you would think that would translate into demand for AI/ML specialists, but the opposite seems to be happening.

You only have to take the executive leadership and ownership in to consideration to realize that they are likely turning those functions over to AI in an attempt to save money and show increased productivity.

The kind of money that has been sunk in to the development of AI wouldn’t have been spent if the intention wasn’t to turn it in to a self licking lollipop.

*opinion
 
You only have to take the executive leadership and ownership in to consideration to realize that they are likely turning those functions over to AI in an attempt to save money and show increased productivity.

The kind of money that has been sunk in to the development of AI wouldn’t have been spent if the intention wasn’t to turn it in to a self licking lollipop.

*opinion
Honestly I'm waiting for a dystopian society to form where the people that control the AI are the people that control the resources and everyone else barely barely gets more than basic survival necessities.

Seriously. A lot of AI people think a utopia will occur where we don't have to work and everyone gets a basic income but the reality is that capitalism has taught us that people that have power and resources are going to do everything they can to keep their power and resources. If you run the AI that does all the jobs what incentive do you have to give all that up? None. The answer is none.
 
Seriously. A lot of AI people think a utopia will occur where we don't have to work and everyone gets a basic income but the reality is that capitalism has taught us that people that have power and resources are going to do everything they can to keep their power and resources. If you run the AI that does all the jobs what incentive do you have to give all that up? None. The answer is none.

The idea of an AI utopia of leisure is about as absurd of an idea as any that I can imagine. Like, bizarre, detached from human-history, human-nature, and reality bad. That kind of thinking got us Soviet communism, gulags, and purges. Anyway....

I think the tech bros were probably somewhat altruistic at the beginning. The www will be the information super highway. Social media will bring the world together. AI will make our lives so much easier. Whatever. I don't think they designed any of these things for the purpose of evil. But I do think that somewhere along the way, those original visionaries became drunk with money/market share/power, and some person whispered in their ear that if they can create and control AI, they will have unlimited power eventually.
 
I think budgeting is more important than an emergency fund. If your monthly expenses are super low it is easy to save money for the future in assets. Generally it isn't likely an emergency will be so sudden you're not able to access these funds or pay off a credit card within a single payment period. Also, unlike an emergency fund you are not losing money every year due to currency debasement.


Hi. I’m an airline pilot. And here is some investment advice for your money.
 
The idea of an AI utopia of leisure is about as absurd of an idea as any that I can imagine. Like, bizarre, detached from human-history, human-nature, and reality bad. That kind of thinking got us Soviet communism, gulags, and purges. Anyway....

I think the tech bros were probably somewhat altruistic at the beginning. The www will be the information super highway. Social media will bring the world together. AI will make our lives so much easier. Whatever. I don't think they designed any of these things for the purpose of evil. But I do think that somewhere along the way, those original visionaries became drunk with money/market share/power, and some person whispered in their ear that if they can create and control AI, they will have unlimited power eventually.

AI is in its infancy. Revolutionary advances in AI will only replace humans in cases of predictable tasks that don’t need robotics.

Robotics is expensive. It’s been effective and economical in a factory setting but out in the real world, robotics won’t provide economical solutions.

Yesterday, I was party to a few simple tasks.

- Lawn and landscaping

Yesterday, my landscaping crew visited my house. There are automated lawn mowers but they don’t weed eat, edge sidewalks, plant trees, plant bushes, plant flowers, install hardscape features. Hey landscaping guys, can you install my new mailbox while you’re here? My landscaping crew did all this. Think about the cost of robotics to perform these tasks. Millions of dollars. These guys aren’t losing their jobs, they are just at risk for deportation.

- Oil Change

Yesterday, I had my oil changed. Think about the robotics needed to change oil, oil filter, air filter, and check and check and fill other fluids. The dexterity required to remove the air box to get to the air filter is next generation and will cost millions.

Simple IT Troubleshooting

Yesterday. A buddy that has a small factory needed some help troubleshooting the loss of function of a CCTV camera and wireless access point after a power surge event.

The rack with the network switch was 8 feet off the ground and needed a ladder to access. I discovered two bad ports, this required uninstalling and installing a new switch as all ports were in use and rack had no space for another switch. This task required a fair bit of dexterity while balancing on a ladder. After installing a new switch, we discovered that the WAP and camera fed by those ports were also damaged. We needed a scissor lift to replace those items. Pretty routine tasks but what would be the cost of robotics to perform this and other tasks?

AI isn’t really doing as much as we think it’s doing. Good operations research (modeling), processing power, static programming, and access to data looks amazing but it’s not amazing at this point. Very few AI applications are modifying their own code and recompiling. In cases where this is happening, it’s still pretty primitive using preprocessing directives (in C++) to modify source code. Even in these cases, the preprocessing directive code is pretty static.

My point is that the ability to access more and more data produces impressive results from unimpressive code.

Robotics are relatively incapable of performing general complex tasks economically.

Most jobs are safe. Next project, drywall and paint. Think what it would take to automate that project. Heck, I wanna see a robot climb my tiny circular staircase. The drywall guys have to cut down drywall sheets before climbing the stairs.

Hispanic labor will survive the balance of this century.
 
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