Yes, it’s happening. And if you lose your job to AI in five years you will be one of the lucky ones. It’s possible that your job is already gone, they just haven’t told you yet. The shocking conclusion I am getting from dozens of research fronts is that artificial intelligence and automation are accelerating
Thanks to China's “one child only” policy adopted 40 years ago, and a cultural preference for children who grow up to become family safety nets, there are now 32 million more boys under the age of 20 than girls. Large-scale interference with the natural male-to-female ratio has been tracked with some fascination by demographers for
While recently winging my way across the South Pacific a few years ago and browsing the local papers, I spotted an unusual job offer: WANTED: Social worker, tax-free salary of $60,000 with free accommodation and transportation, no experience necessary, must be flexible and self-sufficient. With the unemployment rate rising for recent college grads, I was
I have just finished leisurely reading Tom Standage's book The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century's On-Line Pioneers. Standage discusses the creation and development of the telegraph system and how it revolutionized communication in the 19th century. The book claims that modern Internet users are in many ways the
I have just finished reading the best financial book ever, and I have read most of them. It is The Ascent of Money: A Financial History of the World by Harvard professor Niall Ferguson. It gives you a great explanation of how the broad sweep of history delivered us to the doorstep of today’s crisis.
Meeting you in person at the Paris Strategy Luncheon was a true honor after following your newsletter for over 5 years. And, yes, I will admit it, I am addicted to it and signing up for your Mad Hedge Technology Letter the day it started was my best decision of the year. I am still
One of the unfortunate aspects of the pandemic has been a tenfold increase in online fraud. I get a dozen phishing attacks a day pretending to be Walmart, the Bank of America, and Amazon. And I never click on anything from Apple asking me to change my ID and password. The crooks are just getting
Going to renew my membership today because you provide great ideas. I think you have a lot of integrity in your messages. We may not agree politically, but you have nailed many of the concepts you shepherd. I have become a fan and look forward to your writing every day. Don, Cleveland, Ohio I'm
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones," said Nobel Prize winner Albert Einstein.
To prove that The Diary of a Mad Hedge Fund Trader only deals with the highest quality, top drawer clientele, I want to share the picture below sent in by a subscriber.