Monday, July 19, 2021

WOTC - Concerns over CECA

 Wisdom of the Crowd: 90% of the respondents said that the ministers did not give convincing reasons to address the concerns over CECA.

3 comments:

Anonymous said...

In most societies, the hardest jobs to fill are the menial but often vital positions towards

the bottom of the occupational hierarchy. Because of the educational and social trends, it is

very hard to motivate people, especially the young to take work at the lower end. Why perform

work done by 'failures & foreigners?'

Anonymous said...

The ones who had no choice but to take unpaid leave, for wheelchair parents or newborns, the reason being maids were barricaded and delayed from entering.

The ones who had sacrificed living cramped with parents or in-law's home because BTO waiting time was extended, the reason being construction workers were barricaded and delayed from entering this country.

Due to the KTV saga, it is now in the open news that hostesses had been let in. Do you feel betrayed?

Anonymous said...

THERE IS REASON TO BELIEVE MOST OR ALL OF THE FOLLOWING WILL BECOME REALITY IN THE NEXT 10-20 YEARS. MOST OF US WON'T SEE THE CHANGES, BUT OUR KIDS AND GRANDKIDS PROBABLY will

- In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. Who would have thought of that ever happening?

- What happened to Kodak and Polaroid will happen in a lot of industries in the next 5-10 years ... and most people don't see it com

- It will now happen again (but much faster) with Artificial Intelligence, health, autonomous and electric cars, education, 3D printing, agriculture and jobs.

- Software has disrupted and will continue to disrupt most traditional industries in the next 5-10 years.

- UBER is just a software tool, they don't own any cars, and are now the biggest taxi company in the world! Ask any taxi driver if they saw that coming.

- Airbnb is now the biggest hotel company in the world, although they don't own any properties. Ask Hilton Hotels if they saw that coming.

- Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go-player in the world, 10 years earlier than expected.

- In the USA, young lawyers already don't get jobs. Because of IBM's, you can get legal advice (so far for right now, the basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. So, if you study law, stop immediately. There will be 90% fewer lawyers in the future, (what a thought!) only omniscient specialists will remain.

- Watson already helps nurses diagnosing cancer, it's 4 times more accurate than human nurses.

- Facebook now has a pattern recognition software that can recognize faces better than humans. In 2030, computers will become more intelligent than humans.

- Autonomous cars: In 2018 the first self-driving cars are already here. In the next 2 years, the entire industry will start to be disrupted. You won't want to own a car any more as you will call a car with your phone, it will show up at your location and drive you to your destination.

- You will not need to park it, you will pay only for the driven distance and you can be productive while driving. The very young children of today will never get a driver's license and will never own a car.

- This will change our cities because we will need 90-95% fewer cars. We can transform former parking spaces into green par

- Most traditional car companies will doubtless become bankrupt. They will try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels.


- Many engineers from Volkswagen and Audi are completely terrified of Tesla and they should be. Look at all the companies offering all-electric vehicles. That was unheard of, only a few years ago.

- Insurance companies will have massive trouble because, without accidents, the costs will become cheaper. Their car insurance business model will disappear.

- Real estate will change. Because if you can work while you commute, people will abandon their towers to move far away to more beautiful affordable.

- Electric cars will become mainstream about 2030. Cities will be less noisy because all new cars will run on electric


- Health: The Tricorder X price will be announced this year. There are companies who will build a medical device (called the "Tricorder" from Star Trek) that works with your phone, which takes your retina scan, your blood sample and you breath into it. It then analyses 54 bio-markers that will identify nearly any Disease. There are dozens of phone apps out there right now for health.

WELCOME TO TOMORROW, but some of it actually arrived a few years ago.

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