Use access key #2 to skip to page content.

alstry (35.09)

IN A CLOUD BASED WORLD...WE DON'T NEED MUCH BRICK AND MORTAR

Recs

6

April 11, 2011 – Comments (2)

http://finance.yahoo.com/real-estate/article/112463/american-ghost-towns-21st-century-247wallst

We are seeing Ghost Towns popping up all across America.  With cloud based delivery of more and more goods and services such as movies, music, books, education, accounting, law and more....we simply don't need nearly as much brick and mortar.

The resource savings from cloud based functioning will be incredible.......so savings on demand for labor.

Machines are already replacing much of current human functioning......it will not be long before the best stock analysis will simply be peformed by computers.

Right now the best stock traders are machines.   As a matter of fact, HFT algos are generating more income than all human traders combined and multiplied by 10X. 

What kind of world will it be when we are no longer sucking off each other's productivity but the productivity of machines? 

2 Comments – Post Your Own

#1) On April 11, 2011 at 2:33 PM, alstry (35.09) wrote:

The problem comes in is if you don't need many people to work....who is going to buy your products.....

Unless you create a system where you don't need money;) 

Report this comment
#2) On April 11, 2011 at 2:56 PM, alstry (35.09) wrote:

In the mean time...expect everybody to blame everybody else for their problems....

http://finance.yahoo.com/news/Trump-Obama-Is-to-Blame-For-cnbc-3032458910.html;_ylt=Ap.ghQ9Mu3AkJk5T5G8DRU67YWsA;_ylu=X3oDMTE1Z2V1ODRzBHBvcwM4BHNlYwN0b3BTdG9yaWVzBHNsawN0cnVtcG9iYW1haXM-?x=0&sec=topStories&pos=5&asset=&ccode= 

Report this comment

Featured Broker Partners


Advertisement