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Happy new year
Take care of yourselves
It has been a while since the last post and it is going to be a while until the next one. Currently, the amount of information on the Internet is too high, and the average quality is too low. As a reaction, I keep raising the bar of the quality I want to contribute to the Internet. As of today, I have not identified any outliers above the bar.
Nevertheless, I wanted to share a quick message with a reminder of your most important possession: yourselves.
Warren Buffett would suggest investing in yourself in high-inflation times: increase your earning power. This is something that cannot be taxed and cannot be taken from you. This advice may be more relevant in stagflation times with high-interest rates and a potential imminent recession.
The usual advice for a recession is: “keep your job,” which, to be fair, is solid evergreen advice. From a contrarian perspective, creating jobs (e.g., for themselves) is the most challenging and best thing anyone may do during a recession. It is good but perhaps too complex and risky; remember to avoid burnout.
If you are worried about the “old-future” problem of “automation coming for our jobs,” then the skills to build assets may be your skills of choice. In my opinion, job automation might be a problem of the 22nd century, but good skills are still good.
However, automation and ChatGPT are different topics, and I am not sure there is anything of interest left unwritten about them.For the time being, take care.
Or at least none to discuss “pseudonymously.”
Correct me if wrong, but if some things are more important to you than yourself, you should not consider that you possess them — especially people.
There is a lot of misinformation, noise, and general garbage written about them, though.