Healthcare is BROKEN and Good Insurance is worth more than a high salary.

Trying to stay healthy (w/health insurance) will drain you too… our premiums have increased over 25% the last couple years

Yeah Obama care just made everything more expensive and added a tax penalty to the poor. It’s really not a government problem it’s an insurance company problem. Insurance companies are “for profit corporations”. In a market where it’s impossible to not have insurance.

That creates a chain of monopolistic tendencies. Where drug companies (for profit) and hospitals (for profit) charge more to insurance companies who pass the cost on to consumers all to make more money for shareholders. It’s a privatized tax structure on the 99%

I will say though people are generally terrible about picking insurance, and choosing employers with good insurance plans. Most just pick the cheapest option provided

If employees evaluated health care benefits as a part of their job search things would change. Having good health insurance from a long time employer can be worth millions on top of your actual yearly salary. Pick where you work based on total compensation, including insurance

I’ve been offered multiple jobs for 10-20% higher salary, but after looking at insurance packages turned them down. If the insurance plan doesn’t have a capped max out of pocket that you can afford, then you shouldn’t be taking the job there. Regardless of salary.

One bad medical problem can cost you $100k+ per year for a few years. If your on an 80-20 plan that’d be $20k per year On obamacare 60-40 plan it’d be $40k a year. On a good insurance plan with capped out of pocket expenses it’d cost you between $3k-$6k per year.

That’s one of the most important things to have to generate wealth in the USA that no one talks about because employers don’t want employees asking for better coverage.

 

 

AI is coming for your kush white collar job, WAY sooner than you think.

Just watched a news report about how 40% of jobs will be replaced by AI in the next 15 years. Jobs mentioned were: Drivers Waiters Retail shop employees I actually think the number could be much higher. Let me explain.

Everyone thinks of automation replacing lower end job, and it will, but it will also replace many white collar jobs in the near future as well. My list would have included the below as well: Data entry Accounting Financial Planning Accounts Payable Accounts receivable Call centers

Currently it is my 9-5 (lol) job to redesign systems in those areas of business to eliminate the need to hire new employees as the company grows. *disclaimer* I work for one of the largest privately owned companies in the world.

The technology to automate these departments already exists for the most part and is on the brink of wide spread adoption at most companies. It has merely been held up by lack of updates to financial systems at most companies due to cost restraints that are quickly disappearing.

Let me explain a bit about what I am working on. We use a combination of Robotic Process Automaton RPA, Optical Character Recognition OCR, Cloud Base Workflow CBW and Machine Learning ML to automate entire departments.

These tools combined have allowed us to automate between 75%-90% of the rolls in the below departments.

Accounting

Financial Forecasting

Call Centers

Purchasing

Data entry

We are also looking at automating processes for both our Human Resources and Legal Departments as well. The goal is to be able to continue to grow at the same rate, without needing to hire new employees in any of those areas.

The software has been exceeding expectations. -In lower level accounting positions 75% of the employees have left or been reassigned to new areas of the company. -In purchasing they are down to about 1/3 of their former size. -Data entry positions have been reduced by 95%

In other areas we have seen 0 growth or 5%-10% reduction in employees… All the above happening while the company is seeing 15%-20% year over year growth.

Some may ask “why I am telling you this?”, and it’s because the possibility of your job being automated with AI in the next 10 years is not just likely it’s probable. Not all major companies are willing to retrain employees to move to new departments, most will just lay you off.

Trust me there is probably an entire department at most big companies spending all of their time trying to figure out how to eliminate your job.

What this means on a larger scale? It is extremely important to make as much money as possible over the next 15-20 years. Over that time period we could see real rates of unemployment reach 20%-60%. Society as a whole is going to change greatly.

I believe you will see a 2 class system emerge, where you have a class of people who have money, rights, freedom, and a class of people who don’t and are 100% reliant on government assistance to survive. Over time the gap between haves and have nots will widen ALOT.

So in the next 20 years you need to do whatever you can to be included in the working class of that senario There are a few things you can do now to increase your chances.

1.) Own land #SovereignLand 2.) Learn to code 3.) Specialize your skills to things not worth automating 4.) Save your money 5.) #BuyBitcoin 6.) Protect your data #StealthIsWealth