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RE: Crypto: Hope for Venezuela?

in #crypto6 years ago

Dear @devann

What an amazing comment. Thanks again for taking the time to write it all down.

Very informative. Appreciate it a lot.

I am not an economist and therefore the above in a layman's view to your questions.

Whats your profession if you don't mind me asking? Your knowledge is mindlowing.

Yours
Piotr

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I am trained in law and insurance. My specialty lies in insurance law.

Dear @devann

Would you consider your job market threatened by developing technology? Like AI?

Yours
Piotr

Dear @crypto.piotr,

If we speak of developing technologies, there are many: 3dp, ai, ar, vr, kdd, iot, self-healing materials, BCI (BMI), Nuclear Energy using thorium, 2d materials like graphene etc.

Many of these technologies are being experimented and are being developed and in a decade or so we should see them put to use in unimaginable applications. Many of these applications will utilize a combinations of these technologies. For instance, we can expect ai, iot and kdd technologies to combine to produce numerous applications. Likewise, we can expect 3dp and graphene combine to produce numerous applications.

Even if we take just one of the above technologies, say, 2d materials, currently the research efforts are concentrated only on one 2d material called graphene. It is reckoned that most of the elements in the periodic table are capable of producing a unique 2 d material of its own, with very unique qualities which can be put to use in numerous imagined and unimaginable industrial applications in the future.

Our lives revolves around risks. As a business and as individuals we are always managing risks, at work, at home and everywhere else, even if we care not to admit it. We can pass some of these risks (which are called insurable risks) to insurance companies. Others, we have to manage it ourselves.

What these new technologies will do is that they will, in some cases, either reduce or completely eliminate the existing risks and in some other cases, they will create new risks. For instance, for autonomous vehicles, you may soon find that motor vehicles insurance may become redundant. However, the same autonomous vehicle, which relies on data, may be subject to the risk of data corruption and the consequent risks arising from it, which in itself may create additional types of insurance, yet not thought of. This line of reasoning can be applied to all the other technologies.

Insofar as ai is concerned I foresee, for certain, a lot of jobs of repetitive nature losing ground to robots. But ai relies on data, big data, which originates from activities, be it from human or otherwise. These knowledge derived from data is no replacement for intuitive knowledge like that readily exhibited by Einstein, Stephen Hawkins, Srinivasa Ramanujan and all the other great scientists, which does not originate from data but from certain level of consciousness. All of us are capable of exhibiting intuitive knowledge at varying degrees, although not as readily as Einstein or Stephen Hawkins. That is an abstruse subject reserved for another day!

So my argument is: Life will go on, and if you keep up with the technology and constantly upgrade yourself you have nothing to fear. Those who don't keep up, will likely suffer in every conceivable way you can think of.

Wow @devann

What an amazing comment!

Our lives revolves around risks. As a business and as individuals we are always managing risks

Very well said.

which in itself may create additional types of insurance, yet not thought of.

Good point. I can already imagine that you will need to insure yourself from hacking to your vehicles ;)

ps.
Would you mind sending me short email to [email protected]? I would love to be able to keep in touch and support each other on Steemit.

I wish there would be more advanced PM/notification system developed by steemit.

No pressure of course :)

Cheers, Piotr

Dear crypto.piotr,

I have already sent you a note from my email yesterday. Please let me know if have not received it.

Thanks for the compliments! There are more deserving souls for such compliments. I enjoy reading posts by @quillfire. He writes extremely well!

I also like reading @quillfire content. But it seem that he is a bit quiet lately.

ps. Indeed I just found your email in spam box.

Thx

@crypto.piotr,

Thanks mate. Alas, you're right, I have been a bit quiet of late. Like everyone else, the logic of spending endless hours creating complex posts for less than $2.00 (75%) = $1.50, while watching "a picture + a paragraph" earn orders of magnitude more, takes a toll.

Due to the bidbots and Whales'/Orcas' (85% of Total SP) delegations to endless STEEM Dapp development, the upvoting capital dedicated to curation of Steemit posts, irrespective of quality, is almost non-existent . Given that Steemit is STEEM's only functional Dapp of any interest to most, this is self-evident blockchain suicide. And yet, the Whales/Orcas continue to seek Passive Income via interest on delegations instead of via Curation Awards on posts.

Such inability to prioritize and 'concentrate our force' (scarce resources) on our primary product (Steemit) is an exemplar argument in favor of centralization. We are digging our own grave.

I will soon publish a post arguing this point is much greater detail. I suspect in will earn less than $2.00 as well.

Quill

Dear @quillfire

Thank you for your amazing reply. I mentioned that I've found your email in spam and Im afraid accidently I removed it with rest of the spam :(

Would you be kind to resend your email?

I will soon publish a post arguing this point is much greater detail. I suspect in will earn less than $2.00 as well.

please share with me link (or mention me in the post) once you do.

Yours
Piotr

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