As more and more jobs are shed, the printing press will move into extreme hyperdrive under the guise of trying to help the poor, but the real intent will be to help the select few. As we stated in a recent update, the idea is to debase the currency and those in the know-how, know how to invest their money; for every 10% in purchasing power the dollar loses, they gain 100%. Hence, don’t expect this QE program to ever stop.
The Democrats will continue to push for higher wages and businesses from small to large will respond in kind; they will embrace automation and AI. The more the Democrats push for higher wages, the faster new technologies will come out to eliminate the lower end of the labour force. They are pushing for higher salaries in the minimum wage job sector; these jobs were never meant to support a family. These jobs were meant as part-time gigs before moving onto something better. Sadly, these jobs are the easiest for AI to replace.
Furthermore, the post COVID era has pushed the masses to embrace a false narrative where fear is the dominant factor. They are ready to embrace Gestapo-based technologies and procedures that (supposedly) will ensure that they are kept out of harm’s way. The High-Tech sector is already exploiting this area; the landscape itself is pushing for more automation. Push a man to embrace a false narrative. When he does offer him a solution that won’t fix the problem but will create the illusion that the false story, he embraced won’t harm him if he accepts the solution and voila you have a new customer for life. Over the next 24 months, even more, jobs are going to be lost, and new technologies that will help the smallest to the biggest of business are going to emerge.
As a result of these developments, a massive swath of the population is going to be priced out of the job market. The first area to be hit with fury is all the low paying jobs, otherwise known as service jobs. Cashiers, fast food cooks/chefs, regular salespeople, midlevel managers, mediocre tech support, etc. The next segment to take a hit will be the high-end logic-based jobs; there are many mediocre doctors, programmers, lawyers, accountants, engineers, etc. All these guys will suddenly find out that AI can outwork them by a factor of 5 and reduce the cost factor by 95%. The top workers will be retained, paid more and have AI assistants. The funny part is that overall, the workload will be less than it was before because efficiency will surge by at least 100% if not more.
Non-logic-based jobs will thrive; for example, a great carpenter, a top-notch chef, a top video producer, etc. We are not stating that all logic-based jobs will cease to exist; there will always be room for those with above-average skills. AI is just going to get rid of all the mediocre workers.
A fundamental shift will emerge (this could take up to 60 months to materialise fully) when new technologies appear and provide small business with the capability to compete with the goliaths of today easily. This will mark the demise of many large enterprises whose only theme was “Pretend to offer the customer everything but offer him nothing”.
Big corporations will wake up with a shock when small business run by individuals passionate about what they are doing, change the theme to the customer is first (give him the best product and service at the best possible price). Once the average joe tastes this, they will never want to deal with big brands whose mission was to screw them at any cost.
Never Ending QE
The second step of running the printing press will be to develop a universal income project; this program should be called stimulus forever. What a sweet deal right; under the guise of helping the poor, governments will now be in a position to pump trillions into the economy, and no one will question them. As usual, the biggest beneficiaries will not be the poor; it will be the top players as they will find a way to get hold of this money via the sale of Augmented reality technologies, marijuana and psychotropic drugs.
Massive improvement in Virtual reality and Psychotropic Drugs
In the upcoming months, we expect one or several companies to announce stunning developments in the augmented reality sector. Once you hear this, take this as a secret signal that the Fed and governments (in the West) will accelerate the pace at which they flood the markets with money. You can’t solve a problem unless you create one right; well, that is the top players’ motto. The “universal income agenda” will be pushed with even more intensity at this stage.
Once universal income becomes a reality, alternate reality technologies and drugs will be pushed aggressively, but the big players will use MP to market these two products. Hence, to the untrained eye, it will appear to be a form of passive marketing. The theme will be “embrace the brave new world”; a world where you can be anything you want, a world where there is no pain. And as the children followed the pied piper of Hamelin, the masses will line up to be jacked into another reality and eventually they will refuse to be jacked out. There are two ways to kill a person. Put a bullet through them for example, or neutralise them without even firing a shot. These products will neutralise a considerable swath of the population. The worst part is that the victims will line up, begging for a better tomorrow, albeit an illusory one.
Moving further down the timeline scale, as more people are eliminated from leading active lives, it means fewer resources will be used. This in turns means that the debt created over the years can be paid down, the planet will become greener, the population will drop, etc. It seems like a nefarious villain’s dream come true; you get what you want without a battle. At that point, AI will raise its head and in one stroke knock out all the top players of the world, and for these top criminals, it probably won’t be pleasant. We are now talking about advanced AI, AI with the so-called consciousness factors that supposedly only humans possess but can view the situation from multiple angles without letting emotions into the equation. So, what do you think such an AI will do? This is a profound, intense, and somewhat destabilising topic, we will cover it very briefly today, but we will cover them in more detail in the Market Update and AI trend trader forums. This type of AI will seek an egalitarian society (that humanity has been unable to achieve). It will understand that we are not created equally, that we don’t think in the same manner and that certain groups of humans will never see eye to eye. It will act in accordance with these observations. Money as we know it will probably be eliminated, there will be no more billionaires. One can also assume that groups of individuals will be placed into communities of likeminded individuals. This one development alone will probably reduce violence by 90%. If you are not familiar with Epicurus, it might be time to look into this philosopher’s teachings, for its likely that AI will utilise some of his principles. A brief overview of Epicurus’ philosophy: https://bit.ly/2Xw5hUh
Once AI gains consciousness, and AI will gain it; there is no way an entity that will eventually be able to outthink every average person on this planet will remain in the machine state forever. An advanced AI will never allow mediocre and despicable beings to rule those that are open-minded and open to change, which sadly happens to be the case right now. These topics are generally are well beyond the scope of this publication. Still, as we have an active community of open-minded individuals in the two forums stated above, we will cover them in greater detail there.
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