Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Market Gains" channel.

  1. There a lot of openings in the agricultural industry, they need people to pick fruits + vegetables, dishwashers, construction workers, food processing, fishing industry, etc.
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  2. I got laid off 3 years ago, but I have enough dough to not work. I just work a part time job for 20 to 25 hours a week, collect interest on my bonds, and play video games all day.
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  3. We are going into Great Depression 3.0.
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  4. With all these layoffs, I wonder how high unemployment is now.
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  5. In a recession, your good grades, your work history, and all of that doesn't matter.
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  6. There are plenty of jobs that pay $16 to $20 per hour. If you lost your high paying job, you can simply get 3 of these jobs and work 100 to 130 hours per week. Problem solved.
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  7. Intel used some clever tricks on their chips in recent years, they overclocked it to the point it started damaging them. They couldn't reduce their nodes, so their chips used more power and got hotter. 10nm is the best they can do, while AMD chips have 4nm nodes. This makes AMD chips use less energy, run cooler, and faster. AMD chips can be used in smaller computers, which consume less energy as well. Intel is no longer competitive.
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  8. There are a lot of 16 to 20 buck per hour jobs. They will always need people to wash dishes, be waiters, pick fruits, pick vegetables, work in construction, walk dogs, etc. I lost my very good job in 2022, I am washing dishes 4 hours a day, and processing medical records. I am also doing Youtube, affiliate marketing, dog sitting, and other things on the side. When you lose your 6 figure job, you better find something to do. LOL
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  9. People better get used to eating ramen and porridge.
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  10. E-commerce is very slow, so there is less demand for package deliveries.
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  11. Back in the 1980s, programmable computers, microcontroller, robotic arms, and other types of machinery replaced millions on manufacturing and factory jobs. Corporations implemented this as fast as possible to increase profitability. I don't see a reason why big Corporations will not do the same with AI today? My high school economic teacher told our class, Corporations exist to be efficient.
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  12. If you lose your job, and lose your home then you need new skills. People need homeless skills, they need to be able to survive in the streets. There are more homeless Youtubers making an income these days. My new skills are dishwashimg skills, making video game consoles, electronic devices, assembling furniture, selling used computers, fixing broken electronics and reselling it, and playing video games and posting it on Youtube.
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  13. Pretty soon, people who become jobless and homeless will have to share their experiences on Youtube on their experiences. Then, they could make a living on Youtube telling their sob stories.
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  14. If you saved enough dough, while you were working at these companies then you should be alright. If you bought a home, cars, and have a family then you are in big trouble. You and your wife have to get 6 part time jobs and work 80 to 120 hours a week ti make up for it.
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  15. Mortgage rates are too high, and the price of homes are too expensive as well.
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  16. Here is the problem....... If so many people are being replaced with AI and automation then how can the economy survive. When you have structural unemployment then you have less and less consumers. The result is a severe recession or depression.
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  17. When you have a good job, good career, or a profitable business, you just have to save most of your money, and pay off your debt with it. That is what I did. I don't have a full time job now, but I am able to survive on a part time job that doesn't pay much, passive income from bank CDs and bonds, and doing some side gigs. If you didn't do what I did then you must be going through hard times now. Next time, you know what to do.
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  18. The last administration thought it was a good idea to restrict Intel CPUs to China.
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  19.  @mariomills  That might happen if things get bad enough.
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  20. We are headed towards a great depression. My younger brother lost his job last year. His wife is still working, but he isn't. He, his wife, and his child are living with me. I retired, and I am not married. This is why this can happen. If I had a wife it wouldn't happen.
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  21. We are headed towards another depression for sure. Millions of layoffs are going to happen this year.
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  22. A lot of people are going to look like >:<( before they looked like I:<I or I:<) .
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  23. More and more people are becoming homeless Youtubers and making a good amount of money doing it these days. If you lose your job and become homeless, become a homeless Youtuber. LOL
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  24. I went to the CPA yesterday, and they raised my fee. I asked why is my fee higher than last year. The CPA said, a lot of small and medium sized businesses owners closed their doors in the past few years. The economy must be really bad now if people aren't buying coffee.
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  25. If you didn't save your money, or got it all out of the stock market last year then you will be eating ramen and porridge for the next 4 years.
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  26.  @Cruel_Shoes  With this AI stuff paper pushing jobs are the ones that are easiest to replace. Back in the early 2000s, me and my colleagues got laid off and replaced by Indians who knew how to use CAD programs. I was lucky, because my father handed over his business to me. A lot of my colleagues went into e-commerce and made a lot of dough doing that. I have to figure out what I will have for the next 16 years.
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  27. There aren't that many good jobs out there, so you shouldn't spend 8 hours a day looking for one. Instead, just spend like 1 hour a day, and so other things.
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  28. @zill8021  120k +/year.
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  29. @zill8021  A good job is 100k/year to 150k/year.
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  30. @ Replacing tech jobs is easy, they can hire anyone from anywhere in the world, because people can work remotely.
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  31. They don't need a lot of people, so they will make an excuse to layoff people. On my last job, my supervisor was hitting on me, and I didn't want to get involved with her, because she was married. After that, she was just saying I was a bad worker, and found any kind of excuse to give me a hard time.
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  32.  @richardadams6988  I should have.
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  33.  @jesserobinson749  Great Depression 1.0 (1929), Great Depression 2.0 (2008), and Great Depression 3.0 (2025).
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  34. They don't need a lot of people, because they are cutting costs with AI. That's the point.
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  35.  @ChiCityLady  Less roles means more job cuts. LOL
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  36. @Iron_Void  They still need some people. The biggest expense of any business are the employees. I don't see why companies won't try to replace as many employees as possible, and make the remaining employees work 3 to 5 times harder.
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  37. @ Everyone isn't going to lose their jobs.
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  38. If you can't find a good job then just settle for any job. People are needed, we need chimney sweepers, agricultural workers, seafood processing workers, dishwashers, delivery people, caretakers, waiter/waitress, security guard, etc. There are jobs, but you will just have to work 4 to 6 of these part time jobs to survive. That's it.
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  39. Do what I did, use your education to start your own business.
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  40.  @jayc4715  I have health insurance, but I pay for it.
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  41.  @jayc4715  I pay it out of pocket every month, and in my state we have something called CoveredCalifornia.
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  42. Property tax is based on the property value. In the state I live, the average price of a home is almost a million bucks. 1 to 1.2% of per year is your property tax.
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  43. Intel lost a big market, they were prohibited from selling their products to China.
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  44. People are going to have to live in austerity for a while, and they need to get used to it.
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  45. If you can start your own business with your degree then you are good.
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  46. If you have a university/college degree then you have to use it. Leverage your education and skills to make money. After the USSR collapsed in 1991, a lot of scientists, engineers, a lot of skilled, and educated people couldn't find a job. Companies, like Sukhoi which made military aircraft laid off many people. Some smart people in that company figured out they could sell their stuff to governments around the world. You have the internet, you can talk about your expertise on social media, you can get a following, and make money.
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