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Just doing the numbers from a stat standpoint, assuming you need to be in the top 2 percent of intelligence to code, there is a latent pool of 42 million develo

Just doing the numbers from a stat standpoint, assuming you need to be in the top 2 percent of intelligence to code, there is a latent pool of 42 million developers in China/India waiting for their "go" signal. Best thing to do imo is hoard and deploy money to investments, because capital is set up to clean labors clock in the coming decades.

ryanmarsh 9y ago
> capital is set up to clean labors clock in the coming decades I don't think people realize how extremely true this is and how drastically different it will make the west look.
j2bax 9y ago
>Best thing to do imo is hoard and deploy money to investments Can you elaborate on this? What sorts of investments are referring to?
- aswanson 9y ago
  I'd follow the advice that kcorbitt gives in this thread. Index funds and if you have knowledge of a sector, save 10-20 percent of your investment budget for a specific stock you think will outpace normal growth. Finally, given the coming societal dislocations, I'd brush up on survival skills and stock some firearms.
kcorbitt 9y ago
Personally, I'm hedging my bets by living lean and investing every spare dollar while I'm making hay at potentially unsustainably high wages. I'm also continuing to develop myself professionally, and preparing to move to a lower-CoL country in the future if that ends up making sense. If everything goes well, I'll have the option to retire young and rich. If the world goes pear-shaped, hopefully at least one of those measures will turn out to have been a good investment!
- stouset 9y ago
  This is pretty well-trodden personal finance advice. When money is generally cheap and easy to come by, save instead of spend. When money is tight and hard to come by, spend. It's "buy low, sell high" applied to personal savings.
mamcx 9y ago
This is something to happen in latin america too. Here in Colombia (where I live) exist several attemps to build a solid tech scene, but failed by burocracy and lack of competent investors. The smart people with money that come here can hoard all the good talent easy.
RUG3Y 9y ago
> capital is set up to clean labors clock in the coming decades. I think this is true, and I think it will result in massive civil unrest. Economic landscape is not the only thing that will change.
- jameswatson_iii 9y ago
  It has already begun. I am eternally amused by the "shock" of self-proclaimed intelligent people at recent political developments. It is all quite rational, and quite predictable. The true outrage comes from the super-rich, who are beginning to sense that their racket is about to be...disrupted. This is the roaring 20s all over again, except multiplied a thousandfold by technology. Interesting times, indeed.

ryanmarsh 9y ago

> capital is set up to clean labors clock in the coming decades I don't think people realize how extremely true this is and how drastically different it will make the west look.

j2bax 9y ago

>Best thing to do imo is hoard and deploy money to investments Can you elaborate on this? What sorts of investments are referring to?

aswanson 9y ago
I'd follow the advice that kcorbitt gives in this thread. Index funds and if you have knowledge of a sector, save 10-20 percent of your investment budget for a specific stock you think will outpace normal growth. Finally, given the coming societal dislocations, I'd brush up on survival skills and stock some firearms.

kcorbitt 9y ago

Personally, I'm hedging my bets by living lean and investing every spare dollar while I'm making hay at potentially unsustainably high wages. I'm also continuing to develop myself professionally, and preparing to move to a lower-CoL country in the future if that ends up making sense. If everything goes well, I'll have the option to retire young and rich. If the world goes pear-shaped, hopefully at least one of those measures will turn out to have been a good investment!

stouset 9y ago
This is pretty well-trodden personal finance advice. When money is generally cheap and easy to come by, save instead of spend. When money is tight and hard to come by, spend. It's "buy low, sell high" applied to personal savings.

mamcx 9y ago

This is something to happen in latin america too. Here in Colombia (where I live) exist several attemps to build a solid tech scene, but failed by burocracy and lack of competent investors. The smart people with money that come here can hoard all the good talent easy.

RUG3Y 9y ago

> capital is set up to clean labors clock in the coming decades. I think this is true, and I think it will result in massive civil unrest. Economic landscape is not the only thing that will change.

jameswatson_iii 9y ago
It has already begun. I am eternally amused by the "shock" of self-proclaimed intelligent people at recent political developments. It is all quite rational, and quite predictable. The true outrage comes from the super-rich, who are beginning to sense that their racket is about to be...disrupted. This is the roaring 20s all over again, except multiplied a thousandfold by technology. Interesting times, indeed.