Investing

[CMRivdogs]

I guess we will always need plumbers, electrician and HVAC engineers. That and someone to babysit us old geezers

[Screwball]

13 minutes ago, CMRivdogs said:

I had a similar conversation with the spouse this afternoon. You and I (and a few others here) are around the same age. We grew up in an era where many of our parents made a decent wage in retail. That's gone. Same with factory work (my very young day were in Western Pa.  remember the steel mills before they moved to places like Indiana, (where are they now)?

My son is a civil engineer, most of his career he's worked with the variations of CAD. With AI what does his career look like? 
What are the new careers in the next 10 years or so? 

How things have changed over the years is nothing less than amazing. When I grew up people made a living making things with their hands. The old world was much more labor intensive and more people needed. Things changed with technology.

First the computers which could do math thousands of times faster than we could, which later brought on the internet and the ability to globalize that labor. It started with the blue collar jobs (I lived though NAFTA) and eventually got the white collar jobs too.

You mention CAD. I remember the days things were made by paper drawings, drawn by talented engineers and draftsmen. They used a table, mechanical arm, and a calculator (or slide rule). We had cars, appliances, bridges, buildings back then - using paper. Then computers came along and many of those jobs were gone. CAD systems changed the game big time.

Where will it go next? I don't know. Where does the human factor get replaced by technology?

Maybe the same place the computer people had trouble, and still do - junk in, junk out.

AI can (maybe) design a really cool part/assembly/machine - but can it be made - and at what cost?

Then again, after 35 years in corporate America, I never understood how they made anything to begin with.

[ewsieg]

10 hours ago, Screwball said:

Then again, after 35 years in corporate America, I never understood how they made anything to begin with.

Had, some big truth in this.  Often move forward despite ourselves it seems.

[gehringer_2]

8 minutes ago, ewsieg said:

Had, some big truth in this.  Often move forward despite ourselves it seems.

there are enough effective (and often mal-adusted!)  people around to pull the rest along with them. Pretty much the way it's always been.

[Screwball]

1 hour ago, ewsieg said:

Had, some big truth in this.  Often move forward despite ourselves it seems.

I haven't been at a multi-national for over 7 years and I can only imagine how f'ed up it is now. It was an utter circus back then. Office Space (the movie) and Dilbert (the cartoon) didn't do it justice.  We had a saying; the only way this place could get anymore ****ed up is if it got bigger.

[Screwball]

NFLX reported earning after close today and killed it.  Up over 10% AH.

And of course shortly after:

 

[Screwball]

And a $15 billion stock buyback. Holy give the CEO a raise Batman.

[Tigeraholic1]

The markets are liking the new administration it seems. 

[Tigeraholic1]

2 hours ago, Screwball said:

And a $15 billion stock buyback. Holy give the CEO a raise Batman.

This could have all been Blockbuster’s if they could have seen the forest through the trees.