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Showing posts with the label labor

Just my thoughts #0714

According to Morgan Housel, a financial author, whether an investor is safety-oriented or risk-oriented is mainly shaped by early adult experiences, not by intelligence or education. It depends on where and when a person is born. The region I live in, including my country and the era, greatly influences a person’s economic outlook and ability. If you feel ‘no way,’ you might need to change your location. Even when evaluating others, if you estimate ‘no way,’ you should consider having them leave the place. In the Bible, when someone changes their life, the first thing God does is move them from one place to another. - Joseph’s “just my thoughts”

Just my thoughts #0677

Investment techniques involve converting labor income into financial income . In other words, it means purchasing an asset with money earned through labor so that the asset generates profit. But since assets are inanimate, how can they produce income? The answer is that you can profit from an asset’s changing value. You cannot profit if the value remains constant. If there were no volatility in assets , people would have to rely solely on labor to earn money. The issue is that you don’t buy assets that increase in value; you buy assets that decrease in value. Therefore, if you lack the perspective to judge the world, you should abandon the dream of building wealth through assets . - Joseph’s “just my thoughts”

Just my thoughts #0439

In the 18th century, when the sun went down, people slept except for the rich man who could afford a candle. Humans lived in harmony with the natural rhythm. When machines created an industrial society and replaced human labor, people did not reduce their work but instead operated according to the machine’s working cycle. Charlie Chaplin criticized this phenomenon in his movie “Modern Times,” highlighting how mechanization forces humans to work with unprecedented intensity. Now, humans are concerned that artificial intelligence and robotic automation will diminish labor and lead to unemployment. What a contradiction! Rest is not an automatic benefit; it is a holy declaration of war that I must strive to achieve, not to disturb my rest on purpose. - Joseph’s “just my thoughts”

Just my thoughts #0109

The founder of the Presbyterian Church, Jean-Calvin, gave the name “vocation (calling)” to the “labor power” people provided to the capitalist. Labor is sacred and destiny. However, in this natural world, humans are the only ones who do much work without reason beyond those necessary for survival. African lions only take a nap outside of hunting time. “The dog in my house” also plays outside except for walking and eating. Humans who work physically and mentally 24 hours a day even abuse their brains, saying they are lacking. Only when you prove yourself to others do you become yourself indeed. But the time has come for AI and robots to do the work humans value. The opportunity came to be recognized for value, not the ability, but the existence itself. In the future, “Who am I?” will lead to success rather than “What are you doing?” Then, I'm asking, “Who are you?” - Joseph’s “just my thoughts”