Recently, there was a news article about a Singaporean firm using robots to do painting. This shatters two commonly made assumptions. One is that many people assume that remote work would make their jobs easy to replace, easy to outsource. The second assumption is that if you are well-paid, you’ll be targeted to be replaced or outsourced. So, keep your wage affordable and stay physically in...
Amortization Mindset
How much do you spend on subscriptions every month? Do you even know it offhand or do you have to check it? I know I can only recall 60-70% of them. But if you think about how much you spent on your last laptop, your last mobile phone, you typically can remember if it cost almost $2,000. In a world of subscriptions, we need to have an amortization mindset in order to compare value properly. For...
