The Bright Side of Asteroids

in LeoFinance2 years ago

When that big fire ball appeared on the sky and was looking to fall down to earth I bet no dinosaur had any clue that the only survivors would be the mammals. Dinosaurs were at some point ruling the planet and it could have been called the planet of the dinosaurs, but all of that is history now.

We as the human kind are going through a similar situation now where technology is the fire ball on the sky that many are ignoring. The hand craft days of human kind are numbered and unfortunately many of us are still counting paper money. Bots are taking over the world and for now they're not doing that as in some Arnold Schwarzenegger movies.

I was talking with someone the other day who works in the banking industry and he was saying that the human employees working days in banks are numbered. The banks have stated clear that cash are costing them money and they have no incentives anymore in encouraging people to use cash.

There are banks in Romania now that see their number of employees decreasing dramatically by the year. Where there used to be an employee offering support to customers, there's now a bot doing that, where ATMs were assaulted by cash lovers there's no longer a need for all of that as you can pay for almost anything on the internet and manage your finances quite easily.


I know that for some more developed countries this is probably a decade long reality, but Romania is not that developed and it's a good example of digitization wide spreading. There's gonna be a time when humans won't do much work on this planet. I mean, not anything physical or involving any sort of external effort for the sake of sustenance.

Robots are already taking the jobs of humans in warehouses, factories, deliveries and probably sooner than later in restaurants to. Human labor is gradually becoming costly and inefficient and that's a good thing. As much as some of us around the world are afraid of automation and robots, I'm not. I've been a worker. I worked in factories, delivery, sales, constructions and so on. I know how it feels to get back home dirty and tired.

Hence I am more than happy to know that bots will take even my last chance of ever getting back to work. The battle between states, industries and businesses right now is taking on the computing power field. Work force soldiers numbers don't count anymore. Much of the work is done behind a screen and "the working man is a chip now".

I sometimes laugh when I see some people around me struggling to invest and maintain labor alive. Searching for more tools to do jobs done and to be the hand that weighs the heavier of all sort of products. I really feel like a mammal among them. Job titles, qualifications and human involvement in the society's future is radically changing.


You know, but right now when I'm writing all of this, one crypto character comes to my mind and his famous saying, and that one is Carlos Matos saying the world is no longer as it used to be, hm no no no 😁. That shithead was right. The world is no longer as it used to be and that's the natural way of progress.

A few decades ago the mobile phone was the pinnacle of technology evolution and now mobile communications are a given. We don't even use GSM networks anymore. Same as with memory space, computing power and communications. All of them have somehow mooned and it looks like Mars is the next target. How's Mars going to look?

I guess few know that. What is certain imo is the fact that society is no longer a hand crafted product. Technology's impact on humanity is inevitable and it's totally in our hands of making it a positive one. There's always two sides of the coin and my hopes are that at least now, millions of years after the dinosaurs extinction we can make this planet a paradise.

This planet used to be a dinosaurs one, but one shinny fireball changed all of that drastically and left the room for mammals to rule. There's always gonna be an asteroid on the sky, but its impact won't be equal for every inhabitant of this planet. That's for sure...

This planet has been hit by similar "transforming asteroids" many times throughout its history and the one that's already visible on the sky is definitely not gonna be the last one. Not all inhabitants have been affected equally by its impact though.

Thanks for attention,

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A lot of true facts and thoughts in this post.
I am a strong believer on the mass unemployment due to digitalization / AI / robotics. These jobs are especially destroyed at the low-end of the spectrum which is exactly where high unemployment is right now making it a double punishment for those people.

I hate even the thought of basic income but I do not see a way out of it.

What is also worrying is that if people don’t work they tend to have more mental issues and to become “dumber” if they do not put their time into challenging hobbies /activities.


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True. My fears are that the UBI will only cover basic needs and kill any chance of potential wealth for the ones getting it.

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I am a strong believer on the mass unemployment due to digitalization / AI / robotics.

I am a firm believer in technological unemployement.

I hate even the thought of basic income but I do not see a way out of it.

This will be a way for nation-states to stay relevant for a few years longer (a decade or two). Do not forget, they are facing being "teched" out too.

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Makes you wonder if The Matrix isn't a glimpse of our future. We're all going to be "Yang'd" UBI is coming and what in the world will the powers that be do with billons of people with plenty of free time? We'll find out soon enough!

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What do people do who do not have to work for sustenance do?

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One word: HIVE.

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We as the human kind are going through a similar situation now where technology is the fire ball on the sky that many are ignoring.

I couldnt have stated it better myself.

As I keep harping upon, failure to look at the technological angle of things means that one is missing the largest part of the story.

Cash is going away although the USD will fare the best in that since so much of it physically is in other countries where people use it (like Venezuela). So we will see other currencies "digitized" before that one.

The banking industry is cooked. People need to realize that. In the US, the thousands of branches people see are going away. They are not closing them very fast but I expect that to change here shortly. The pace will have to accelerate.

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If it happens in Romania, no wonder American banks are already doing that.

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It's simply amazing to be alive and in crypto right now! We're making history, one block at a time.

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