Comments by "Peter Jacobsen" (@pjacobsen1000) on "Bloomberg Originals" channel.

  1. People are already dying from obesity-related diseases. In the millions!
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  2. I guess I'm a bit dim, because it is only now I realize that these clips are just ads for a paid Bloomberg streaming service.
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  3. I occasionally see these nonsensical comments on YouTube. Is it some kind of SEO-thing going on?
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  4. All countries have been there for 5000 years. They may have different names now, but they are still there, in the same place they were before.
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  5.  @steedelee5868  All countries are still here, just in a different form. As for writing, you can not find any examples of Chinese writing older than 3600 years. It's also unlikely that people spoke the same language 3600 years ago. You'd likely not even be able to understand a person from the Tang Dynasty, 1200 years ago, although you might be able to read the characters. In fact, the whole '5000 years of civilization' includes 1400 years of mythical periods. China's actual history begins around 1600BC, giving 3400 years of history. But don't feel bad, it's still a long time.
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  6. Since robots don't go shopping, it will still mean a big reduction in economic activity. Imagine a future where 90% of a jobs are taken over by robots. The remaining 10% of jobs held by people will only produce products for other humans. Robots don't shop, don't go to restaurants, don't eat at all, don't travel, don't go to the movie theater, don't drive cars. They are as useless for economic development as a rice cooker. In fact, the benefit of robots is similar to the benefit of other machines: Air conditioner, TV, PC, mobile phone, vacuum cleaner, washing machine, microwave. They are great to own, but they do not themselves contribute much to the economy. In that sense, they should be seen more as capital than as labor.
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  7.  @danielben-avraham1539  What a revelation!
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  8.  @horstschlemmer1337  Haha, yes, but we so rarely hear about 'coke scarcity' or 'coke refugees'.
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  9. It's a money losing business in Australia, that's why there's not a lot of mining going on there.
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  10. Have you checked out the videos made by Chinese and Indian media? I'm sure there must be some.
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  11.  @phinehasblack8739  "the US firms who are taking it as a charity" Strange, none of the people interviewed mentioned that. It looked like they saw American investors just like any other investor: A big bag of money.
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  12. Great idea!
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  13.  @miles5600  Yes, I'm kidding.
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