Tech in pro of the economy, but against the workers?

in LeoFinance9 months ago

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Tech in pro of the economy, but against the workers?


The advances in technology are being each day more futuristic, it reminds me of the old cartoons where smart houses were a crazy idea and now there is kids growing talking to Alexa.



Image by Freepik

This can be very productive for the economy, boosting production to levels that were not possible before.
But this is something tricky. More tech that can do the jobs that people now does. Is tech taking away jobs? Or generating more streams of income? Either way, in a global scale, tech is bringing economic growth.


A huge part on how technology works comes from how some people dare to turn their dreams into actions. Or how someone saw someone else's dream and made it really either stealing it or because they saw a potential the original creator didn't comprehend.

For that reason is very important to have a balance between the people that can do and the people that dream, so working together the innovation can be productive and healthy.

They have made possible to slow down to create better chips "The team has designed a Photonic chip that is able to slow down the speed of light by as much as 10,000 times. It does this with only 20% energy loss. This is a marked improvement in the more conventional methods of controlling light making use of Meta Surfaces"


A dream could be being able to select the perfect players of the futbol team, and that is what [IBM and Sevilla FC](https://inleo.io/@uyobong/scout-adviser-new-generative-ai-tool-for-player-recruitment-at-sevilla-fc-) are doing. Sevilla FC had the need and IBM is making it a reality. The idea would be to use AI to select the perfect match so the recruitment can be easier, faster, and according to the actual needs of the team. Would it eliminate the human component of the recruitment process? Probably not, not yet, but it could, at least change how it works and serve different purpose, like training the AI system.

Speaking of AI, Kittl a tool for graphic designers that is a competitor to Canva, being used by companies as Warner Bros and Netflix, its powerful and developing AI can help you bring to life amazing designs, with a great flexibility. This tool can give you a great return from the 15$ investment.



On crypto, there is a way to put your money to work for the project you believe in, and for you. Those are the liquidity pools this is liquidity to stake into a pool that pairs your token and another token. This makes trades easier since you don't need a buyer to be always live doing trades with you. And these liquidity pools can bring you earnings that come from the fees taken by the decentralized exchange.


Maybe earning from liquidity pools are good, but you need to use money fast and lower the risk, you can borrow the money from [Nexus](https://inleo.io/@idiosyncratic1/nexo-seeks-3b-revenge), where they have created the crypto banking. You stake your coins as collateral for the lending. The risk here, is trusting the network, but Nexus has been doing well for a long time.

That said, always be careful with the risk you want to handle, be aware of the movements of the market before making live changing decisions. Right now Grey Scale continues selling Bitcoin while FTX liquidates GBTC positions. These are massive movement that are creating waves on the market. It might be a good moment to buy, giving the fact that the ETF can lead to a bullish tendency in the bull run.



After this compilation, I believe the technology is going to take away jobs, but it's opening opportunities where you need to work smarter, not harder, and your money will work for you.


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wonderful compilation friend, light being slowed down by 10,000 is tech defying science. AI on the other side is pushing into the sporting industry

Thanks for the amazing edition of Daily LEO ✌️