Table of Contents
Why Job Losses and Mass Layoffs?
In 1971, the then US president Nixon(Yup, the Watergate man) delinked $ from gold. This enabled the US to print as much money as they desired. Money is essentially a debt. It is a promise(look into a banknote: I promise to give the holder of the note XYZ money).
Money was created to inspire people to become productive and donate labor in exchange for future benefits.
The problem is excess money lowers the standard of productivity.
90% gyaandatas(and obviously datis), actors, talkers, motivators, and managers sit on the shoulders of 10% Creators, producers, and doers. Once weight goes over 95%, the system collapses.
Historical Correlation of Job Losses
-1279 BCE Collapse of Bronze Age(Egypt, Crate, Mesopotamia)
-410 AD Collapse of Rome
So, productivity collapses once the doers, producers, and creators stop functioning. The fake debt economy collapses, gyaan, shortcuts, smartness, intelligence, expertise, and boys=girls painted hair circus collapse.
How to know that Jobs will be evaporated?
In the last three months, Russia’s economic growth has been one of the best in centuries. Russia is under US sanctions and can’t trade in dollars. Russia’s growth minus the dollar exposes the weak dollars. Because the modern urban job market of IT, ITES, and the startup circus is a $-a based economy, the entire market will collapse. (Just fundamentals).
The bank is Socialism; Socialism doesn’t provide opportunity.
One of the keys to capitalism is that capitalism crushes bad businesses, including brothels, drugs, and alcohol. Because earning money is hard and is always 16+ hours of labor a day. When you have to tirelessly do 16 hours a day, seven days a week, hair coloring, body piercing, placard raising, equality mongering goes for a toss. Work or die.
At the beginning of this blast, “mummmmyyyyyy”, and then once the construction starts, “pappppppppa help.”
So banks have no linking of resource+productivity to debt and hence are socialists. Socialists try to create an equal society.
There is no equality. “Work or die.”
Value of Anything(Including a Professional)
The value of anything is the difficulty of society replacing anything. Here is the true value of some of the jobs now.
Accountant:- 750/- pm : ex: Zoho Books
Content Writer:- 150/- pm ex: copymatic AI
Preachers(self-proclaimed teachers):- 0: Youtube
Schools: 0: Parents
Mobile Developers: 100/-: Ex: Dukan, ValueAppz
Stock Brokers: 200/-: Zerodha
Testers: 0: Ex: Crashlytics
Graphic Designers: 450/-: Canva
Network Engineer: 250/-: Gcloud
Excell Zombies: 35/-: AppScrip
Banks: 0: Crypto/PayTm.
Insurance: What insurance? Life is anyways short after 16h/day-365 days.
Lead Generator: 1000/-: Lead funnel/HubSpot
HR: Any HR in the army?
Managers: 1150/-: Automator
80% of the current workforce is up for a ride. This post may hurt you. But words always hurt less than the kick of reality. Rome was always built by Ceasors and destroyed by Commodus.
Which professions will get the maximum hit and which professions will remain immune to layoffs?
Replaceable professional metrics:-
1. Education.
2. Skills.
3. Hard work.
4. Intelligence.
5. Smartness.
6. Beauty.
7. Money.
8. Expertise.
9. Gyaan.
10. Selecting others.
11. Criticising.
12. Competition.
13. Talking.
14. Mentoring.
15. Planning.
16. Nannies and incubators.
17. Judging and referring.
18. Farex and Horlics
19. Pictures
20. Content.
21. Tips, tricks, techniques.
22. I think, I feel, I see, in my opinion, in my view
23. Happiness
24. Mobiles
25. Hair color
26. Funding.
27. Employee.
28. Marketers.
29. Noise
Irreplaceable:
1. Learning
2. Improving.
3. Consistently 16-18 hours a day for two decades. (NO REPLACEMENT)
4. Intellectuality.
5. Trust.
6. Power(Robustness)
7. Loyalty.
8. Productivity(creating and selling).
9. Wisdom.
10. Taking action and doing.
11. Creating.
12. Hand-to-hand
13. Doing.
14. Setting examples.
15. Executing.
16. Motherhood(Giving birth and raising healthy systems and children)
17. Devotion
18. Breast milk, sweat.
19. Paintings.
20. Knowledgebase.(everything you learned during your own suffering)
21. Dedication, determination, experiment,
22. Science
23. Pain tolerance.
24. Muscles(brain, shoulder, calf)
25. Brain beneath the hair.
26. Profit.
27. Missionaries.
28. Evangelists.
29. Melody
Is there any correlation of Pandemic with the Job Losses?
1. in 2023 BCE, a pandemic across Mesopotamia, 2018 BCE, hyperinflammation and cooperage collapsed.
2. In 1278 BCE, the Egyptian Epidemic spread in Syria, Babylon, and Crate 1278 BCE collapsed.
3. 1302 AD mini ice age, 1352 AD Black death, 1358 AD European economy collapse.
4. 1919 Spanish Flu, 1929 great depression starting.
So, the pandemic is a marker of excess unproductivity(less work, more disease). Economy collapse is just a follow-up.
Job Cost: (Content writer example):-
i) Content writer salary=25k
1500 words in 7 days.
So, 6,000 words=25k salary
Copymatic monthly subscription=1000/-
Words=50,000.
Creates better content than any ground-level content writer. 2 minutes=1500 words. So, 8 content writer=1 month of copy magic. ie 2L rupees replaced by 1000/-.
ii) Automator about 1000/- pm. Just schedule a monthly schedule, which will automate emailing, follow-up emailing, analytics, payment collection, delivery scheduling, tracking, module integration, client notification, rating prompt, tax payments, receipt collection, and input to, say, Zoho books, etc.
iii) App devs-copies GitRepos. For example, an Instacart development will cost 50L, 12m. Fork ValueAppz for 900/-
Are Automation and Tools Responsible for the Job Losses
Tools are created to automate part of the production line. Tools and specialized tool operators are always needed, whether it is software or manufacturing.
For example, the Gurgaon Hero Honda factory churns out Motorcycle after motorcycle without many humans working there.
It is also true that new jobs are opened when the past jobs are gone. The problem is that any player from another industry will always get an entrance into the new sector at the bottom level itself, and often this new sector would be the one that still needs to be automated and, therefore, labor intensive. So, one would again be shifting towards lower mental growth and more physical labor investment.
So, suppose the workforce is not end-to-end assembly line ready and knows to use multiple tools, from raw material sourcing to sales and delivery. In that case, they will be accommodated into one of the areas that still need to be automated.
Hence, the market and assembly line combined knowledge would help most to be safe.
Is it Fair to say that Insurance and Banks won’t be needed and Won’t survive?
1) I have not undermined any industry. I have pointed out the domains that will get affected and the reasons.
2) Insurance is at risk, exactly the same reason why they don’t provide insurance to cement industries. So, when all have to labor, the risk to health gets higher. So, high mortality means payout>>premius. So insurance is hard to exist.
3) Banking:- If the debt is taken out of the banks, what is the means of earning? If the debt itself is inflated, then what will the bank face? Bankruptcy. In the inflammation, this can be saved by injecting money, but in currency devaluation, you can’t inject more money. So banks will face bankruptcy because they don’t run and sell production.
It is not that insurance, bank, and schools are not needed; it is just that they won’t survive, just like we need hospitals, but hardly any hospital is surviving.
It’s at risk, not the debate about the need.
Will 8 hours a day, 2 days off per week, and other such demands be put to trash?
In 1991 after the economy was opened, Tata Steel suffered from competing. Why? Because it provided people with many intangible but real values, not just notes. Tata built roads, provided housing, water, and hospitals, and made schools. And running all this infra was hard for Tata.
Tata Motors were almost closed for ten years. So, if you talk to those working in Telco and Tisco in the 1990s, they will share that they worked for 18 hours, even when salaries were hard, and the lockout was looming large. A company like Telco operated every alternative day to save electricity. And the employees will still go to companies and do things like maintenance road repair.
Tata Motors and Tata Steel were revived because of this hard work of people and Tata’s sticking to additional values(not only bond money). By 2002, housing, water, electricity, everything was expensive. So 25,000/- in the Tisco colony was much higher than 75,000/- in other places.
In easy times, there are circuses, but stressors reveal the characteristics of people and an organization. They worked, so Tata did not die.
But, with the post’s logic, every Indian will sit at home, will they?
Indians were employed even during the British times. However, the average life of the Indians was only 33 years till 1947. Because when the average becomes normal in a country, the country goes into economic slavery.
Once in economic slavery, people will have work, but lower level labor work of 16 hours/day.
What is growing employment today? Delivery and cabs. That is easy. What was employment in British times? Mining and infrastructure labor.
If a content writer doesn’t select a domain and chooses to lose everything and then learn from that point how he/she is improving life, then the writing is not reflecting the actual process. So, he/she either has to start embracing suffering or work for 100/- per day price. He/she will still be employed. But he/she will stay in that 3kpm range forever because Economic masters will enjoy the perk.
How much of % per sales in Indian companies today goes to Google, Amazon, and Facebook? People are still selling, but the question is whether sales are sustainable. Is the delivery profession sustainable?
Conclusion
Over the history of humanity, humans have chained slaves and made them work on large projects. Be it building Pyramids in Egypt, be it building Industries in the 19th century Industrial Revolution, be it building Roads and mining by the Romans. All along humans have also developed technologies to reduce human dependency. Therefore once manufacturing, automation, and machines were ready, humans lost their jobs. Jobs have always been a form of slavery, masked beneath the glorified white colors.
However, humans have always found their way to livelihood. The problem today is that the generation today is lazy, inefficient, and incapable of fighting back like the lazy Romans in 409 AD, and therefore recovery from the current trend will be hard, particularly for the young generations. It would take two decades of effort today to learn the skills that machines can’t do better than you.
