economic crisis – DS https://www.anglinarchive.com Daily Stormer Historical Archive Fri, 06 Oct 2023 00:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.17 https://www.anglinarchive.com/wp-content/uploads/2026/09/cropped-favicon-32x32.png economic crisis – DS https://www.anglinarchive.com 32 32 AI to Make College Degrees Obsolete and Take Over Software Engineers’ Jobs, LinkedIn Says https://www.anglinarchive.com/2023/10/06/ai-to-make-college-degrees-obsolete-and-take-over-software-engineers-jobs-linkedin-says/ Fri, 06 Oct 2023 00:00:00 +0000

According to Robert Reich, Former US Labor Secretary, the rise in productivity and loss of jobs as a result of AI will require a universal basic income response.pic.twitter.com/Ub7LGUWwwy

— UBI Works 🇨🇦 (@ubi_works) October 5, 2023


Andrew Anglin started this website in 2013, and at that time, he was telling kids that most of the college degrees they would be going to school for would be useless around the time they really started making money in their career.

It was more of an obvious observation of what was already happening with automation ten years ago than it was a prophecy.

But here we are.

New York Post:

The golden standard of the bachelor’s degree is in peril as artificial intelligence rapidly advances and employers seek workers who are well-versed in that technology.

“AI’s going to make it virtually impossible for a one-off moment of learning [like a degree] to last an entire career,” LinkedIn CEO Ryan Roslansky said this week at the Talent Connect Summit, a conference of the country’s 2,000 top recruiters.

As smart tech progresses, jobs will be expected to evolve, placing an emphasis on people skills rather than trade tasks that can be learned by a machine.

Yes.

Everything is going to be done by machines, so people will be obsolete for any task other than engaging with other people.

Actually, no.

People already have functional AI girlfriends. Or they did before they started banning the use of ChatGPT for girlfriend purposes. I don’t see how the average millennial is going to have more “people skills” than an AI that can be programmed with any personality.

Even technophobes would prefer to interact with a pleasant AI than a tranny or fat woman.

LinkedIn executives highlighted the “critical” need for up-skilling as AI technology develops, meaning that employee adaptability will be an expectation, rendering program-oriented four-year degrees virtually useless.

As a result of technological innovation in the past decade, whole industries have turned “upside down,” Indeed CEO Chris Hyams said last month as he also warned that college-learned skills could become “obsolete.”

Job skills are projected to change by 65% by 2030, according to data from LinkedIn, as listings mentioning ChatGPT or similar generative AI have increased by more than 20-fold since last year.

That’s a lot of percents. It’s 10% per year.

Obviously (I think it’s obvious), there is no way of making that calculation. So it’s just a number someone pulled out of their ass. But it is meant to communicate that this is very extreme.

All computer programmers, all journalists and writers, even most doctors and lawyers, are out of jobs.

College was always a goofy jerk-off. But being in college now is serious deck chairs on the Titanic type stuff.

I advise anyone in college now to drop out and become a hardcore wilderness survivalist.

According to the platform’s survey, 47% of US executives believed that AI could enhance productivity in the workplace, as some plan to integrate the technology into their organizations within the year.

The company’s Future of Work Report estimated the fraction of tasks that could be performed by a machine by occupation — saying 96% of a software engineer’s job could benefit or be taken over by AI, while only 6% of a nurse’s job could potentially be augmented by the software.

Again, these numbers are based on nothing.

Why would you need 94% of nurses? What do they do that a machine can’t do better? I suppose humans will be doing blood tests for a while, but the AI can analyze the results.

Nurses are going to be more needed than doctors, because a doctor is primarily an expert analyzer, and the machines can do that much better. The machines can also do better surgery.

Go type “robot surgery” and see what you find out.

Right now, they’re using robots for brain surgery because it’s more efficient and safer. We haven’t even gotten into the “maximizing economic benefit” part of it yet.

Top surgeons are paid $1000 an hour.

Poof!

That money now belongs to the hedge fund that owns company that owns the hospital that owns the robots!

Whoops!

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27% of Jobs at Risk of Being Replaced by AI, OECD Says https://www.anglinarchive.com/2023/07/12/27-of-jobs-at-risk-of-being-replaced-by-ai-oecd-says/ Wed, 12 Jul 2023 00:00:00 +0000

They are still flooding you with immigrants under the premise that you need more workers.

It’s unbelievable that these Jews have the nerve.

Reuters:

More than a quarter of jobs in the OECD rely on skills that could be easily automated in the coming artificial intelligence revolution, and workers fear they could lose their jobs to AI, the OECD said on Tuesday.

The Organisation for Economic Co-operation and Development (OECD) is a 38-member bloc, spanning mostly wealthy nations but also some emerging economies like Mexico and Estonia.

There is little evidence the emergence of AI is having a significant impact on jobs so far, but that may be because the revolution is in its early stages, the OECD said.

Jobs with the highest risk of being automated make up 27% of the labour force on average in OECD countries, with eastern European countries most exposed, the Paris-based organisation said in its 2023 Employment Outlook.

Jobs at highest risk were defined as those using more than 25 of the 100 skills and abilities that AI experts consider can be easily automated.

Three out of five workers meanwhile fear that they could lose their job to AI over the next 10 years, the OECD found in a survey last year. The survey covered 5,300 workers in 2,000 firms spanning manufacturing and finance across seven OECD countries.

The survey was carried out before the explosive emergence of generative AI like ChatGPT.

Yeah.

You add in ChatGPT and you get Andrew Anglin’s number: 45-65% of all jobs in Western nations.

These brown people are not going to work the remaining jobs, so you are just going to have a massive permanent welfare class with nothing to do but breed.

Related: Robots Promise Not to Rebel Against Humans

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German Business Morale Worse and Worse Every Month https://www.anglinarchive.com/2023/06/26/german-business-morale-worse-and-worse-every-month/ Mon, 26 Jun 2023 00:00:00 +0000

I don’t think anyone is surprised by this.

If they act surprised, they are pretending.

We here at the Daily Stormer printed all the information about how the German economy was going to spiral as a result of the sanctions on Russia when the sanctions happened, nearly a year and a half ago.

There was never any stated plan to reinforce the German economy.

It’s in a death spiral.

Reuters:

German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that Europe’s largest economy faces an uphill battle to shake off recession.

The Ifo institute said its business climate index fell to 88.5 this month from 91.5 in May. A Reuters poll of analysts had predicted a smaller drop to 90.7 in June.

“Sentiment in the German economy has clouded over noticeably,” Ifo’s president Clemens Fuest said.

China’s weaker than hoped for economic performance since its reopening from tight COVID-19 lockdowns, a looming U.S. recession and ongoing monetary policy tightening seem to be weighing on German company sentiment, said Carsten Brzeski, global head of macro at ING.

“What is clear is that the optimism at the start of the year seems to have given way to more of a sense of reality,” Brzeski said.

Indeed, expectations were much more pessimistic, with the related Ifo index falling to 83.6 from May’s 88.3. Companies also assessed their current situation more poorly, with that index falling to 93.7 from 94.8.

The economy faces the prospect of a longer recession as domestic demand and the expectations of exporters have both weakened, Klaus Wohlrabe, head of Ifo surveys, told Reuters in an interview on Monday.

“The probability has increased that gross domestic product will also shrink in the second quarter,” he said.

Once again, we should be reminded that the entire Ukraine agenda is being pushed by women.

In their own minds, women have no stakes in the game of the economy.

Women always just assume that someone is going to be taking care of them. They don’t think “this could cause a problem” when they push some lunatic war agenda any more than a toddler imagines that throwing a tantrum will cause his parents to stop feeding him.

It’s a deep, dark shame that someone convinced white men that women are people.

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Euro Zone Actually in Recession, Revised Data Shows https://www.anglinarchive.com/2023/06/08/euro-zone-actually-in-recession-revised-data-shows/ Thu, 08 Jun 2023 00:00:00 +0000

THE IMPACT OF THE ENERGY CRISIS: The euro zone entered into a mild recession in 1Q 2023, as revised data showed a 0.1% q-on-q contraction during the period, following an also 0.1% contraction in Q4 2022. https://t.co/f2vULHAcIY

— Javier Blas (@JavierBlas) June 8, 2023

It’s a small price to pay for gay marriage in Donetsk.

Europeans need to get better at shutting their filthy mouths and supporting democracy.

Reuters:

The euro zone economy was in a technical recession in the first three months of 2023, data from European statistics agency Eurostat showed on Thursday, after downward revisions of growth in both the first quarter and the final quarter of 2022.

Gross domestic product (GDP) for the 20-country euro zone fell by 0.1% in the first quarter compared with the fourth of 2022 and was 1.0% up from a year earlier, Eurostat said in a statement.

That compared with flash estimates of growth of 0.1% and 1.3% published on May 16. Economists polled by Reuters had forecast on average respectively zero and 1.2% expansion.

The revision was principally due to a second estimate from Germany’s statistics office showing that the euro zone’s largest economy was in recession in early 2023.

The contraction in Ireland’s economy widened to 4.6% from a preliminary estimate of 2.7%, although this negative was due to the impact of large multinationals on growth there.

The euro zone figure for the fourth quarter of 2022 was also cut to -0.1% from a previous reading of zero.

A recession had been expected towards the end of last year as the euro zone wrestled with high energy and food prices and as a post-pandemic spending boom faded, but initial estimates had suggested the region had avoided this.

Time to buckle up your bootstraps, bucko.

We’re in the long war against the ideology of totalitarianism, i.e., white heterosexuals.

Nothing is ever going back to normal, especially because we’re also at war with the weather and so on.

We’re turning the world into a block of ice by eating bugs.

Stop crying, bucko.

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Germany: Economic Crisis to Get Worse and Worse, Experts Warn https://www.anglinarchive.com/2023/05/18/germany-economic-crisis-to-get-worse-and-worse-experts-warn/ Thu, 18 May 2023 00:00:00 +0000

We expect Germany will be in a mild recession this year, warned Bettina Orlopp, Commerzbank CFO pic.twitter.com/Vy7k2ef801

— CNBC International (@CNBCi) May 17, 2023


Why would it get better at any point in the future, ever?

The nuclear power plants are shut down, the gas pipes were blown up by Joe Biden’s Jews. They are building windmills.

That’s Germany specifically. It’s an industrial country that needs cheap and reliable energy. Without that, it is going to deindustrialize. We’re not the only people saying this. It’s not a secret.

Germany is also part of the global economic system, which is a disaster due largely to the actions of the governments during the “pandemic” hoax and now the weird interest rate business.

RT:

Investor confidence in Germany has fallen for a third consecutive month as growth prospects worsen, fueling fears of a recession in the EU’s largest economy, Bloomberg reported on Tuesday.

The economic sentiment index measured by the ZEW economic research institute dropped to -10.7 in May from 4.1 in April, representing the first sub-zero reading this year. An index of current conditions also deteriorated, the outlet said.

The data comes amid a deeper-than-expected production slump across most industries in Germany. New orders for manufacturing companies dropped 10.7 % month-on-month in March, the sharpest decline since April 2020.

“The financial market experts anticipate a worsening of the already unfavorable economic situation in the next six months,” ZEW President Achim Wambach said in a statement. “As a result, the German economy could slip into a recession, albeit a mild one,” he added.

It’s whatever, I guess.

I mean.

I don’t know.

Actions have consequences.

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Europe Proposes Banning Exports to Countries that May Re-Export to Russia https://www.anglinarchive.com/2023/05/07/europe-proposes-banning-exports-to-countries-that-may-re-export-to-russia/ Sun, 07 May 2023 00:00:00 +0000

Do you want an Iron Curtain?

Because this is how you get an Iron Curtain.

RT:

EU lawmakers are mulling curtailing exports to nations currently able to re-export goods from the bloc to Russia, thus helping the sanction-hit country circumvent the penalties imposed by Brussels over the Ukraine conflict, the German news agency dpa has reported.

The European Commission (EC) reportedly sent a proposal for the measure, which may be included in the 11th package of sanctions on Russia, to member states earlier this week.

The bloc is expected to work on a legal tool that would allow it to restrict supplies from the EU to third countries “as a deterrent” at an early stage. If the measure proves insufficient, Brussels may subsequently block exports of certain goods, primarily those with both civilian and military applications, such as night-vision equipment.

According to the news agency, lawmakers from the 27 member states will discuss the proposal with EC President Ursula von der Leyen later this week.

This would mean sanctioning most of the world. It’s not really a realistic proposal.

Some of this sort of stuff seems to get thrown out there as an attempt to demonstrate how serious and unhinged they are.

It’s a bit like that “TikTok” bill that made it a felony to use a VPN. There wasn’t really a chance that was going to pass, but they throw it out there just to normalize crazy stuff in the minds of people.

They do this with pretty much everything. People forget that one of the main demands of the homosexual movement in the 1980s and 1990s was abolishing “age of consent,” i.e., legalizing pederasty. Most (or maybe all) of the main activists that ended up being associated with Stonewall were actively pro-pederasty.

But, hey – there are a lot of crazy things going on that I thought were impossible. If Russia doesn’t get control of the situation in the Ukraine, China isn’t going to have any choice but to intervene, because an actual Russian loss in the Ukraine would mean a collapse of the Russian government and a US takeover, and China simply can’t afford to have a massive ZOG base strapped with huge numbers of nukes on their border.

If China does commit, it seems likely the US/NATO will completely lose their minds, in which case “just sanction the whole world” is going to be a possibility or inevitability.

Which could be good in the long run? As long as China doesn’t collapse from the economic pressure. Because at that point, you’re basically playing chicken to see who can hold their country together for the longest.

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Europeans Pulling Billions from Banks Because of Economic Crisis https://www.anglinarchive.com/2023/05/04/europeans-pulling-billions-from-banks-because-of-economic-crisis/ Thu, 04 May 2023 00:00:00 +0000

It’s fine, it’s fine.

We just gotta get this gay marriage thing in the Donbass, and then everything is fine.

The counteroffensive is going great and so on; we just need more drones or whatever.

Just relax.

Reuters:

European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently live without.

The trend emerged as some of the region’s biggest lenders outlined a profitable start to the year in results that also offered a glimpse of a phenomenon dubbed a “bank walk” – a slow but notable outflow of customer cash.

Lenders wasted little time in charging more for loans when interest rates rapidly rose from an almost 15-year slumber around zero last year, but most have dragged their feet on boosting deposit rates paid to millions of their customers.

That has boosted profits at many major banks beyond many analysts’ expectations but left savers disgruntled, raising fresh questions over the longer-term stability of the sector.

“Traditional banks need to decide whether to maximise their return by keeping rates on deposits as low as possible, or to prioritise their liquidity and stability by increasing rates and retaining customers’ funds,” Nicola Marinelli, assistant professor of finance at Regent’s University London, said.

…

Most banks boast liquidity and capital levels above regulatory requirements but the demise of U.S. lender Silicon Valley Bank and Switzerland’s Credit Suisse are cautionary tales of what can happen when customers desert lenders at greater pace.

…

In Britain, NatWest (NWG.L) customers withdrew 11.1 billion pounds in the first three months of the year, HSBC’s deposits excluding one-off inflows dropped by $10 billion to $1.6 trillion, while Barclays and Lloyds Banking Group recorded falls of 5 billion and 2.2 billion pounds respectively.

In Germany, Bundesbank data showed households’ deposits dropped nearly 8% from a year earlier, with Deutsche Bank, the country’s largest bank, partly attributing its own 4.7% fall in the first quarter to contagion fears from the banking crisis in the United States and Switzerland.

Chief Financial Officer James von Moltke conceded, however, that more competition with “some price-sensitive deposits leaving the bank”, and some clients shifting to higher-yielding alternatives like money market funds, also played a role.

France’s BNP Paribas also reported a modest dip in first quarter deposits, while Spain’s Santander was the only European heavyweight to report a rise, of 6%, over the same period.

No, no.

Don’t worry.

It’s all fine.

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France: Minister Tells People Two More Weeks Until Food Goes Back to Being Affordable https://www.anglinarchive.com/2023/04/30/france-minister-tells-people-two-more-weeks-until-food-goes-back-to-being-affordable/ Sun, 30 Apr 2023 00:00:00 +0000

Just two more weeks.

Seems pretty reasonable.

I mean, where probably 150 times the governments of the West told us the coronavirus hoax would end in two weeks – and it was true every time.

Democracy’s track record of honesty is also as severe as its track record for prosperity and social mobility.

Reuters:

Food price inflation in France – which has been a major concern for consumers – should ease off by September, said government minister Olivia Gregoire on Sunday.

“By the time people come back from their holidays in September, we will have a visible decrease in the prices you see on the shelves and in terms of food price inflation,” Gregoire, who is a government minister responsible for small-and-medium sized enterprises (SMEs), told France Inter radio.

Gregoire’s comments echoed those from Bank of France governor and European Central Bank member Francois Villeroy de Galhau, who said earlier this month that he expected food price inflation to start easing in the second half of this year.

Things are really just getting better better, on this endless road to utopia.

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South Koreans Completing Tasks from Cash-Giving Apps for Cents Because of Economic Crisis https://www.anglinarchive.com/2023/04/24/south-koreans-completing-tasks-from-cash-giving-apps-for-cents-because-of-economic-crisis/ Mon, 24 Apr 2023 00:00:00 +0000

Office workers checking the local online banking app Toss during a lunch break

The economy is great because of democracy or a rules-based order or whatever.

But save those cents.

Reuters:

Throngs of people have been milling seemingly aimlessly around the forecourt of a museum in central Seoul, brushing silently past each other with heads bent toward smartphones while fingers frantically tap screens – in the latest money-making trend.

Walking 10,000 steps, completing tasks such as subscribing to social media, or just tapping the screen when other users are nearby can generate up to 10 cents a time for users of financial services app Toss from South Korean startup Viva Republica.

The viral campaign has seen Toss become a frontrunner in a trend where businesses win users through cash- and points-offering loyalty apps, which have risen in popularity in an economy with high youth unemployment and surging inflation.

As many as three in four adults earn cash through such applications, showed a recent survey by job portal Incruit.

“I’ve only made 150 won ($0.11) so far, but I plan to continue so I can buy coffee or pay for something using the app,” said 27-year-old office worker Baek Na-young.

Some 4.4 million users have used Toss’ cash-giving in-app feature since its January launch, and the number of times people open the app on handsets has increased 30%, Viva Republica said.

…

The trend shows people are going the extra mile to help overcome an increasingly dire economic situation, experts said.

They should just do a real Squid Game, no?

People love that Squid Game.

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German Peasants Protesting the Total Breakdown of National Functionality – No Leader https://www.anglinarchive.com/2023/04/21/german-peasants-protesting-the-total-breakdown-of-national-functionality-no-leader/ Fri, 21 Apr 2023 00:00:00 +0000

Another transport sector strike in Germany.

Trade unions in Germany again announced strikes by railway and air transport workers on Thursday and Friday due to a lack of agreement with employers on working conditions and wages. pic.twitter.com/b8YH7ywghI

— Spriter (@Spriter99880) April 20, 2023

As everyone knew was going to happen, the German economy has totally collapsed and they’re staring down deindustrialization.

Of course, the government will always make sure the upper classes are totally insulated, and as much of the middle classes as possible, because the lower classes can’t do shit.

That’s a fact of reality. Peasants cannot do revolutions without leaders, and they are so dumb, the leaders are usually people with totally different motives than those stated (see the entire history of both communism and the US color revolutions).

You can grab the peasants and use them for good, however. If you had the will to power. Napoleon did it. Hitler did it. It’s not really that hard. They just want inspired speeches and cool looking tribal symbols and like, hardcore military shit (i.e., symbols of the capacity for violence to be used to protect the tribe).

These Germans have their hearts in the right place, of course. Shutting down the things they have the ability to shut down is the very most obvious thing peasants will do to show dissatisfaction. But this has never resulted in any meaningful outcome unless Robespierre or Lenin showed up and was like “and now, we start killing all my personal enemies!”

Reuters:

Rail workers went on strike across Germany on Friday, bringing national operator Deutsche Bahn’s services largely to a halt, in the latest of a series of stoppages over pay in Europe’s largest economy.

The walkout, organised by the EVG union, was due to run from 3 a.m. (0100 GMT) to 11 a.m, though the train network was expected to be impacted for the whole day.

State-owned Deutsche Bahn said all its long-distance connections would be cancelled until 1 p.m. and that few commuter trains would run.

The EVG, which is negotiating on behalf of 230,000 workers, is seeking a 12% wage increase, or at least an additional 650 euros ($715) per month. Deutsche Bahn has offered 5% and one-off payments of up to 2,500 euros.

…

Friday’s transport strike was set to coincide with a walkout at four German airports – Duesseldorf, Hamburg, Cologne Bonn and Stuttgart – by members of the Verdi union.

The problem is that the democracy system understands that the only real threat from the masses of people is a charismatic, intelligent, youngish (under 50) man with a vision of restructuring the current system through the use of an organized mob.

These people are targeted, before they even think of doing that thing, and brought into the system. The elite school system is designed to pull youth with potential into the system.

You know in these schools, they film each other doing like, masturbation rituals and other gay shit?

Skull and Bones is I’m sure the most famous, because it’s the most elite, but every fraternity collects kompromat on their members. Then you have the Epstein stuff of course, but that’s hardly even necessary.

An enlightened man might see a video of their revolutionary leader doing some gay shit in a fraternity or having sex with a teenage girl on a devil island and laugh and be like “yeah that’s how they get ya.”

But a peasant mob will tear their leader apart over something like that.

Tucker Carlson, for example, actually does have the qualities of a revolutionary leader. These are very evident traits. But as we see now, he’s entirely bought into the system.

And of course, if you slip through, and manage to develop the kinds of skills necessary to be a revolutionary leader without having been integrated into the existing power structure (which is probably basically impossible now), they can just arrest you over some bullshit like they did to the Golden Dawn in Greece. They just put them all in prison for literally no reason.

This is the problem we’re facing, and it is why, in my view, the only revolution is going to come from a mix of internal collapse and external pressure from China.

This machine we live in is far from perfect, but the mechanism for suppressing the people is perfect. That is really probably the best definition of democracy: “the perfected suppression of the population by the ruling elite.”

It’s no secret I back Nick Fuentes fully and implicitly.

But I don’t think he’s going to do a revolution. Not now.

My hope for him is that he and his people will be in a position to grab power in a vacuum created by the cascading troubles stemming from economic instability and war.

We need these big problems to get a lot bigger and we need Emperor Xi to do the exact right thing over and over again and then maybe.

Maybe.

But it is all just noise, brothers.

There is one thing in the universe that matters: “Jesus Christ, Son of God, Have Mercy on Me, A Sinner.”

Try to have fun.

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