Tech Stocks as Career Obsolescence Insurance
Tech Stocks as Career Obsolescence Insurance
Joshua M. Brown
When US workers plow their retirement savings into the S&P 500, and in doing so they end up allocating more and more into the very technology companies that are rapidly displacing their jobs, perhaps they are doing something more than just investing.
Perhaps they are buying insurance.
This is a smart insurance, i am doing exactly this! I would short Insurance if it was easy, because people will live longer and longer and the number of accidents with tech will be less & less.
Besides this i am trying to use tech tools and data to improve my performance in my job.
Perhaps they are buying insurance.
This is a smart insurance, i am doing exactly this! I would short Insurance if it was easy, because people will live longer and longer and the number of accidents with tech will be less & less.
Besides this i am trying to use tech tools and data to improve my performance in my job.
Technology, productivity and globalization have been the driving forces during my business career. In business, if you don’t lead these changes, you get fired; in politics, if you don’t fight them, you can’t get elected.
Sharing is good, and with digital technology, sharing is easy.
Richard Stallman
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