Hey Russell. Regarding your iron law of politics, would you say this also applies to AI putting millions of people out of work?
I have to say the above is probably my biggest worry these days (in excess of nuclear war with Russia), and as I've said to a friend of mine who is even more concerned about it than me, we are going to have no choice as a species but to find a way to tax AI at source.
I live in the North of England, and see the evidence of the once great industrial heritage and wealth of this part of the Country all around me. The North has never fully recovered from fhe end of the age of steam and the industrial revolution IMO. I do worry that courtesy of AI-induced white collar job losses, our global financial centres such as London and New York will share the same fate.
Weirdly I think the opposite... conflict with China is bring impetus to manufacturing at home - and on a scale that was unimaginable. Since Thatcher, we have been outsourcing jobs to the rest of world, I think we are bring that back home... and AI will help with that.
You of course know that when the industrial revolution started everyone was worried about jobs then too....
Yes, I do know that. Appreciate that was a massive technological jump at the time that displaced a lot of jobs and people, but it was still at nothing like the exponential rate at which AI is developing, with associated scope for displacement. Obviously lots of AI Doom clickbait doing the rounds, although I tend to source my info from more measured sources. Whatever the case, I hope you are right.
So AI swept through finance about 10 years ago - and the sort of job I did when I first started got swept away. But what happened was that the number of fund increased, as it was much easier to set up.
Perhaps the best argument for why jobs will always be available is that humans want their own labour to be recognised, which is why they pay for someones else labour. Technology changes - but we will always pay for someone's time... whatever that is.
(Inspired by you) have been doing my own research into fertility this year and ultimately have come to the conclusion I don’t want to force myself into something just to play the thematic… do any of the listed names appeal to you? What if it’s just an industry meant to owned by privates?
Hey Russell. Regarding your iron law of politics, would you say this also applies to AI putting millions of people out of work?
I have to say the above is probably my biggest worry these days (in excess of nuclear war with Russia), and as I've said to a friend of mine who is even more concerned about it than me, we are going to have no choice as a species but to find a way to tax AI at source.
I live in the North of England, and see the evidence of the once great industrial heritage and wealth of this part of the Country all around me. The North has never fully recovered from fhe end of the age of steam and the industrial revolution IMO. I do worry that courtesy of AI-induced white collar job losses, our global financial centres such as London and New York will share the same fate.
Weirdly I think the opposite... conflict with China is bring impetus to manufacturing at home - and on a scale that was unimaginable. Since Thatcher, we have been outsourcing jobs to the rest of world, I think we are bring that back home... and AI will help with that.
You of course know that when the industrial revolution started everyone was worried about jobs then too....
Yes, I do know that. Appreciate that was a massive technological jump at the time that displaced a lot of jobs and people, but it was still at nothing like the exponential rate at which AI is developing, with associated scope for displacement. Obviously lots of AI Doom clickbait doing the rounds, although I tend to source my info from more measured sources. Whatever the case, I hope you are right.
So AI swept through finance about 10 years ago - and the sort of job I did when I first started got swept away. But what happened was that the number of fund increased, as it was much easier to set up.
Perhaps the best argument for why jobs will always be available is that humans want their own labour to be recognised, which is why they pay for someones else labour. Technology changes - but we will always pay for someone's time... whatever that is.
(Inspired by you) have been doing my own research into fertility this year and ultimately have come to the conclusion I don’t want to force myself into something just to play the thematic… do any of the listed names appeal to you? What if it’s just an industry meant to owned by privates?
Just saw your comment on HCA, from my understanding fertility isn’t a big part of the business, but maybe I’m wrong there?
In the UK it is - but not so much in the US. But I am assuming a well run business like HCA would apply lessons from the UK back to the US.
Any ideas how to play this? Companies like Progyny & Vitrolife AB haven't been trading well
Best option is HCA US. It has an integrated IVF platform.