If you black, don't believe that shyt. Especially in 2016
Older blacks from the steel mill and auto industry was getting good money and pensions back in the day with no education and they assume u should be in that position....
First off, mortgage companies are raping minorities left and right ( ie wells Fargo ) , many jobs required u to have experience plus a degree which majority of blacks don't have and then u have the cost of living to worried about....
The way technology is today and the way companies are trying to save money it's going to get harder to find a job paying $60,000 if u got your shyt together
Yea, technology is going to rape the masses when it comes to the job market. Including people in STEM. It's funny when I hear people talmbout "I'm in STEM so I'll eat forever."
I try to contain my
because they don't even consider the fact that their job has them working on technology that will eventually replace them. They pay you $100K to work on technology that will generate hundreds of millions of dollars for their firm. And said technology will eventually replace you since it can do your job much more efficiently than you without salary, without sick leave, without HR, etc.
Technology has crippled a portion of the retail sector already...think what Amazon has done to bookstores. And will only continue to do so. I use to walk into a bank and see 10-12 people working a regular sized, neighborhood bank. Five tellers. Two customer service reps. Licensed Rep to sell financial instruments and insurance. Assistant branch manager. Branch manager.
Now, most people don't even step inside a bank because everything is direct deposited. No paper checks anymore. No need to write checks, everything can be paid online. Insurance can be bought online with easy quotes that take two minutes. Scottrade and others have taken the middle man out of buying stocks, bonds and mutual funds. And with much less foot traffic, having two managers is redundant.
So now I walk into a bank, and what do I see? I see maybe 4-5 people. Two tellers. One customer service rep. A Licensed Rep who rotates between branches, so he's only there when he has an appointment. And one manager. And this has happened across the country no matter if it's Wells Fargo, TD or whatever other bank. And that's not even talking about online banking that offers better rates and most, if not all, of the services any retail bank does.
So, that's 5-7 jobs gone at every retail bank across the country. And that's only one example from retail banking. The same is being done right now at supermarkets and retail chains such as Target, Wal-mart and Walgreens with self-checkout lines. Fast food restaurants are gearing up for self-checkout lines. On and on.
Now, somebody is going to read that and say "well, those are low end retail jobs, so that won't affect me." The hell it won't. Those are the easiest to automate, so that's where the market will start. But many middle income jobs and fields will be swept up the same down the line. An example being that they're working on a underground subway-type train that will go from NYC to LA in 30 minutes.
Now, think about how many flight attendants and pilots are going to be done when people can go between the two largest hubs in the United States in 30 minutes without even stepping on a plane? And what's next after that? NYC to Chicago in 10? NYC to Miami in 15?
Then think about all the horizontal and vertical integration affects that go along with that. Airports get less traffic and cut jobs. Luggage sales go down and luggage manufacturers cut jobs. Companies that the airplane food receive less orders and cut jobs. Clothing manufacturers that make uniforms for the pilots/flight attendants receive less orders and cut jobs. On and on and on.
Technology will continue to be a gift and will become an even bigger curse.
Peace