Amazulu

But I don't try and predict prices like 'experts' like you do

As you rent, you're not involved and have nothing to worry about so chillax and stop being so angry as others have stated

Amazulu

Sigh

So nothing to do with their government's command and control, centralised economic policy, mass nationalisation, anti-business policies, dramatically increased welfare spending in the face of falling revenue, hugely subsidised fuel costs and destruction of democratic, free speech institutions?

Nope, it's all hunky dory in their socialist workers paradise

Beoz

Good question. 4% of the property price maybe? Might be enough to kill off a few investors and help a few FBH make it over the line.

the troubadour

But you have a lot to say for someone that doesn't comment on house prices. Mistaken as usual as don't rent, nor have a mortgage . Some do speak out on terms other than self interest, odd as that will likely appear.


I do not predict. I state the bleeding obvious. The Real Estate market has way over shot itself and a substantial correction is in order. I do not say by how much it will correct but it is obvious by how much it should correct.


Not angry. Just don't suffer the same level of apathy some others appear burdened by on forums like this.

bcworld

It would be a massive shock to the market. Much more so than slowly eradicating NG. In some states like Qld where the stamp duty is low you've probably just doubled the up front cost of an investment property. Now I don't have a problem with that, as I think people should be getting discouraged from leverage in property, but I think(?) you have an aim of not dropping prices as it's not fair or something, but I think they're sure to take a hit!

the troubadour

Well of course the government played a large part in the situation we find ourselves in. The Tea Party Tories going under the ill name of Liberals in the Australian context. Howard and Costello played a big hand in the process, which was continued by all following leaders and parties.


Where exactly is this mass nationalisation? The privatisation of public assets to private interests of course enriches a few by usually results in higher prices for the masses as we have witnessed around the world.


Actually you are right with regards to the socialist paradise ruling supreme. Although a country with a king and queen is hardly 'socialist' we'll stick with laymen terms and for appearance call it that.


So what would you like to compare it with? The Land of the Brave, the home of flawed neo liberalism and a nation in decline.


Fine my old 'home' Denmark where work balance shows a 37 hour average working work in Denmark, which compares with an average 47 in USA.
16 days recreation in USA which has a far more stressful work environment / highly competitive job market and all that involves. '
Danes of course get a minimum of thirty days and many get even more.


Cost of going to college in USA has increased over 500% in thirty years. While in Denmark students are paid 900 per month to attend.


USA on average $31,000 a year tuition fees. Denmark has a 0.6% poverty rate while USA has 14.5%.


Still Denmark remains a top country in business ratings with business respecting a highly educated, motivated, safe, politically secure, not fractured by class division ...some may well call it a paradise.

the troubadour

What probably could be considered unfair perhaps, is the entrapment of so many, unable to cope with any stresses to their economic situation (unemployment, rise in interest rates, falling house prices = negative equity) by mortgage brokers and the industry, in cases fabricating net worth of applicant, in order to make a sale.


Interest only loans which rely on appreciation to work it work. The pure nature of the beast, suggests a lot of losers will be the result of the shenanigans over recent years in how it will play out.

the troubadour

Nowhere near enough. The bottom being an unknown quantity with numerous variables to be played out.

Amazulu

And yet, and yet, and yet, Australia remains wealthier and healthier than Denmark with higher per capita GDP (both N & PPP), HDI and life expectancy figures - so we must be doing a lot right

Ultimately though, there's not much in it so this shows that both Denmark and Australia are successful countries getting shit right - except they do it with higher taxes and a level of socialist intervention in peoples lives that most Australian's would find unacceptable

Hope this helps

Beoz

Placing something flat across the board would be damaging for sure. Percentages would need to be done on a needs basis. Does QLD have a first home buyer problem? Don't know - seems to be a national issue right? If so then some else is buying the properties ahead of the FBH. How do you prevent the a generation not owning property? Is a generation not owning property a bad thing? It may not be. Seems Govts don't think its an issue.

the troubadour

Well I expect more Australians than not, would prefer the Danish system if they knew about it.


You can rabbit about socialism until the cows come home but the reality would be, I strongly suspect.


Australians would like Danes (whom are a very individualistic folk for all that) a decent pension on retirement. No concerns beyond the normal of getting old.


Danes prefer a good standard of living (after all voted the Happiest people in the world on a number of occasions) where the difference in pay scales between top and bottom is not obscene. Something of the egalitarianism Australia sprouts but is losing with a rate of knots as neo liberalism furthers its tentacles over the nation.


I admit how disgustingly socialist, being care free from economic issues with age , or having up to 90% of wages paid for two years if unemployed.


Far better a stressful work place, keeping the pheasants on their toes, with the likelihood of dismissal if not toeing the line, or without reason at all.

GarryP

And in our continuing series of "Oops, where's my job gone?"

Robot stores: Ocado builds IoT army to power online shopping | TheINQUIRER

Just think what happens when that marries up with automated vehicles.

So, that's

• Driving jobs
• Manufacturing jobs
• Fast Food jobs
• Postie jobs
• Supermarket jobs
• Accounting jobs

at the least.

How many millions of jobs in the immediate firing line is that? And most at the unskilled/semi-skilled/process-bound end of things.

Amazulu

Let's look at automation from a purely economic viewpoint

People have generally gotten wealthier for a long time now. This trend looks like it will continue

This wealth has made people want and consume more - and all the things that hang off this - travel, housing, education etc

Modern capitalism has grown mainly fulfilling these needs. Corporations have become massive doing so

The people that own these companies that provide these needs have gotten extremely wealthy and now effectively have a major say in how the world is run. They will want to maintain and grow this wealth - nature of the beast and been this way forever

If we are all going to be replaced by robots and therefore will not have the jobs that will provide the money that enables us to buy shit, where is the future growth in wealth for the wealthy going to come from?

Robots are not consumers

We ain't going back to a feudal system of peasants and lords because the number of lords was tiny, not very rich and in a constant worry about being off'ed by the peasants or other lords. In this scenario, technological development stagnates and goes backwards as there is no need for it or the money to pay for it. Not happening

We're going to have to find another way and there are plenty of ideas on how to achieve this. What will actually happen is not yet known

At the time of the Luddites the change and upheaval going on Britain was massive and rather than that country going backwards, this change punched them higher and made Britain the wealthiest and most powerful country in the world (until about the 1870's when they started to decline)

The Luddite fallacy still holds true. There have been many episodes of Luddite-like situations throughout history and where this has happened in democratic countries, after a brief period of turmoil, things have generally gotten better for most people than they were before. You see this again and again and again

Nothing is different today

Hope this helps

Beoz

..... and to be replaced by ............. Notice the drone dispatchers. The future is rosy, except of course if you work at Oz Post.

Jobs Before 2020

1. Augmented Reality Architects – Much like the paint we put on houses and the flavorings we add to food, the future will seem boring if our reality hasn’t been augmented in some way.

2. Alternative Currency Bankers – According to Javelin Strategies, 20% of all online trades are already being done with alternative currencies. The stage is being set for next-gen alt-currency banks.

3. Seed Capitalists – In the startup business world there is a huge gulf between initial concept and fundable prototypes. This dearth of funding options will require an entirely new profession. Seed capitalists will specialize in high-risk startups. Counter to todays investment-world thinking, if they get more than 100% return on their investments, they will be docked for not taking enough risk.

4. Global System Architects – Our systems are transitioning from national systems into global systems. Architects of these new global systems will play a crucial role in future global politics. More details here.

5. Locationists – People who specialize in adding the relevance of “place” to our global online communities.

6. Waste Data Managers – To insure data integrity in today’s fast evolving information storage industry, multiple redundancies have been built into the system. Achieving more streamline data storage in the future will require de-duplication specialists who can rid our data centers of needless copies and frivolous clutter.

7. Urban Agriculturalists – Why ship food all the way around the world when it can be grown next door. Next generation produce-growing operations will be located underground, often below the grocery stores where the produce will be sold directly to customers. More details here.

8. Business Colony Managers – The average person that turns 30 years old in the U.S. today has worked 11 different jobs. In just 10 years, the average person who turns 30 will have worked 200-300 different projects. Business colonies are an evolving new kind of organizational structure designed around matching talent with pending work projects. The operation will revolve around some combination of resident people based in a physical facility and a non-resident virtual workforce, with some opting to forgo the cost of the physical facility entirely. People who can effectively manage this type of operation will be in high demand. More details here.

9. Competition Producers – One of the hottest new trends will be to design incentive-based competitions to solve some of the world’s biggest problems. Paving the way has been X-Prize Foundation’s Pete Diamandis and the success of the Ansari X-Prize. In the future, every major corporation will have their name on a major prize competition. Similar to buying the naming rights to a stadium, a well-orchestrated competition has far-reaching branding potential.

10. Avatar Designers – Next generation avatars will become indistinguishable from humans on a two-dimensional screen. However, avatars will only live in the computer world for a short time longer. It is only a matter of time before they emerge from the computer and appear as visual beings, walking around among us. Once an avatar goes through the radical metamorphosis from an image that we see on a screen to a three dimensional being that joins us for dinner, carries on conversations with our friends, and serves as a stand-in for us at meetings, we will see work start on an even more realistic avatar, one that we can touch. More details here.

11. Avatar Relationship Managers – As the foibles of humanity enter the realm of autonomous, freethinking avatars, people will find it necessary to both manage and limit the often dangerous relationships that avatars get themselves into.

12. 3D Printing Engineers – Classes in 3D printing are already being introduced into high schools and the demand for printer-produced products will skyrocket. The trend will be for these worker-less workshops to enter virtually every field of manufacturing, stemming the tide of outsourcing, at the same time, driving the need for competent technicians and engineers to design and maintain the next wave of this technology.

13. 3D Food-Printer Engineers – Pushing the envelope for 3D printer technology even further, will be the coming age of food printers. Converting 3D printers to work with cartridges containing food-stocks will prove difficult and demanding on a number of levels. Those who can solve this kind of problem will be in high demand. More details here.

14. Book-to-App Converters – Over the coming months we will begin to see a form of competition brewing between books and apps. With both being information products that we interface with differently, we will begin to see a large scale effort to convert existing books and literature into an interactive app, similar to the current effort to convert popular literature from print to audiobooks. More details here.

15. Social Education Specialists – We learn from each other. But what is it that we learn from others that is valuable? And how do we structure a circle of friends, as a highly influential group that we rely heavily on, to give us a constant stream of truly valuable information and advice.

16. Privacy Managers – If you think you have lost most of your privacy already, we’ve only scratched the surface. We are all terminally human, and as such, we do not always make good decisions. Striking the perfect privacy-transparency balance will require far more than amateur insights. It will require a privacy professional. More details here.

17. Wind Turbine Repair Techs – The proliferation of windmills around the world will dramatically drive the demand for repair techs who are not afraid of heights and can solve whatever new problems this fledgling new industry blows their way.

18. Data Hostage Specialists – Holding people as hostages is very messy. But holding data hostage is a less-risky crime that can be done remotely, and has the potential for far greater rewards. This is especially true if the country you’re living in condones your actions. This type of activity will give rise to the likes of data-hostage negotiators, data-retrieval specialists, and damage-control analysts.

19. Smart Dust Programmers – In it’s simplest form, smart dust consists of a sensor combined with a wireless transmitter and some kind of power source. Many are envisioning the power to come from wireless RF signals. The reason it is referred to as “smart dust” is because the technology is shrinking in size until it reaches the particle size of dust. Future designs for smart dust involve detecting everything from moisture content, to soil temperature, to chemical composition. More details here.

20. Personality Services – Talking back and forth to a computer that has a machine-like voice is boring. But being able to download specific “personality packages” will add an entirely new level of engagement for basement-dwellers everywhere. The hottest personalities to download will be offshoots of existing characters or celebrities such as being able to download a David Letterman personality, a Homer Simpson personality, or perhaps even a Darth Vader personality.

21. Smart Contact Developers – The idea of “smart” contact lenses, the kind that can superimpose information on the wearer’s field of view has been around for a while. But the first iteration of smart contact lenses is already on the market and industry execs are beginning to generate a wide array of possible applications. More details here.

22. Nano-Medics – The medical problems most people have can be traced to a single cell or a small group of them. Health professionals capable of working on the nano-level, both in designing diagnostics systems, remedies, and monitoring solutions will be in high demand.

23. New Science Philosopher-Ethicists – Every new technology creates its own set of unintended consequences, and people who can ask the tough questions and demand deeper introspection will be in high demand. Industry sages will serve as both a conscience and a guide for decision-makers everywhere.

24. Organ Agents – The demand for transplantable organs is exploding and people who can track down and deliver healthy organs will be in hot demand.

25. Octogenarian Service Providers – As the population continues the age we will have record numbers of people living into their 80s, 90s, and 100s. This mushrooming group of active oldsters will provide a demand for goods and services currently not being addressed in today’s marketplace.

26. Elevated Tube Transport Engineers – The next big infrastructure project on planet earth will be a human and cargo transport system designed around a network of vacuum tubes with maglev tracks. Operating at less than 2% of the cost of today’s car, truck, jet, ship, and train systems, this emerging tube transport system will be a massive undertaking that demands talented new-age thinkers for decades to come. More details here.



The Dismantlers

Over the coming years will see a number of industries dismantled requiring a skilled workforce of talented people who can perform this task in the least disruptive way. Most of these industries have been built around aging facilities and infrastructure that will become unnecessary and unsustainable in the future. These will include:

27. Prison System Dismantlers – More details here.

28. Hospital and Healthcare Dismantlers – More details here.

29. Income Tax System Dismantlers – More details here and here.

30. Government Agency Dismantlers – More details here.

31. Education System Dismantlers – More details here and here and here.

32. College and University Dismantlers – More details here and here and here.



Jobs in 2030 and Beyond

A number of technologies currently on the drawing board will require a bit longer lead time before the industry comes into its own. Here are a few examples of these kinds of jobs:

33. Drone Dispatchers – Drones will be used to deliver groceries and pizzas, deliver water, remove trash and sewage, monitor traffic and pollution, and change out the batteries on our homes. Skilled dispatchers for future drones will be high demand. More details here.

34. Brain Quants – Where the stock market manipulators of the past meet the brain manipulators of the future to usurp control of Madison Avenue.

35. Tree-Jackers – Plant and tree alteration specialists, who manipulate growth patterns, create grow-to-fit wood products, color-changing leaves, and personalized fruit. More details here.

36. Plant Psychologists – An entire profession dedicated to undo the damage caused by the Tree-Jackers

37. Extinction Revivalists – People who revive extinct animals.

38. Robotic Earthworm Drivers – The most valuable land on the planet will soon be the landfills because that is where we have buried our most valuable natural resources. In the future, robotic earthworms will be used to silently mine the landfills and replace whatever is extracted with high-grade soil.

39. Gravity Pullers – The first wave of people to unlock the code for influencing gravity.

40. Time Hackers – If we think cyber terrorists are a pain, it will seem like nothing compared to devious jerry-riggers who start manipulating the time fabric of our lives.

41. Clone Ranchers – Raising “blank” humans will be similar in many respects to cattle ranching. But once a clone is selected, and the personality download is complete, the former clone will instantly be elevated to “human status.”

42. Body Part & Limb Makers – The Organ Agents listed above will quickly find themselves out of work as soon as we figure out how to efficiently grow and mass produce our own organs from scratch.

43. Memory Augmentation Therapists – Entertainment is all about the great memories it creates. Creating a better grade of memories can dramatically change who we are and pave the way for an entirely new class of humans.

44. Time Brokers – Time Bank Traders – Where do you go when you run out of time? Naturally, to the time-bank, and take out a time-loan.

45. Space-Based Power System Designers – At some point, the burning of earth’s natural resources for power will become a thing of the past. Space-based systems will capture and transmit power far more efficiently than anything currently in existence.

46. Geoengineers – Weather Control Specialists – We are moving past the age of meteorology and climatology to one where the true power-brokers will wield the forces of nature.

47. Plant Educators – An intelligent plant will be capable of re-engineering itself to meet the demands of tomorrow’s marketplace. Plant educators will not work with lesson plans or PowerPoint presentations, but the learning process will be even more effective. More details here.

48. Nano-Weapons Specialists – Many of the weapons of the future will be too small to be seen by the human eye. And naturally, these will be the most dangerous. More details here.

49. Lip Designers – If you could have any lips in the world, what would they look like?

50. Mass Energy Storage Developers – As a society, we have become very good at generating electricity, but are still terrible at storing it from one day to the next. Once mass energy storage systems are developed and installed, our total energy needs will drop precipitously.

51. Earthquake Forecasters – Everything we know about the inside of the earth has been developed through indirect evidence. We have no maps of the center of the earth. We have no accurate diagrams, no understanding of motion, fluidity, or changes happening with any degree of accuracy. While scientists are developing skills to work with nanoscale precision on the earth’s surface, the best we can muster below the surface is blindfolded guesswork done with 100-mile precision. What we don’t know is literally killing us – over 226,000 killed in 2010 alone. But that will change over time as we begin to understand the inner working of the earth and accurately forecast when the next big quakes are about to hit. More details here.

52. “Heavy Air” Engineers – Compressed air is useful in a wide variety of ways. However, we have yet to figure out how to compress streams of air as they pass through our existing atmosphere. Once we do, it will create untold opportunity for non-surface based housing and transportation system, weather control, and other kinds of experimentation.

53. Robot Polishers – If we are going to have robots, they will invariably need to be polished.

54. Amnesia Surgeons – Doctors who are skilled in removing bad memories or destructive behavior.

55. Executioners for Virus-Builders – In the future, virus-builders who get caught will have a choice. They can either go to the electric chair, or spend some quality time with the Amnesia Surgeon

Amazulu

Many of the jobs that are being done in 2016 will be the same as in 2030. The tools may change but they will essentially be being done as they are today

Technology can move fast or it can move slow:
I recently bought a 128Gb micro SD card for about $40 whereas that same money a few years ago would have got me a 16GB one. Next year I'll probably be able to get a 256Gb one for 40 bucks

but

A Boeing 787 from 2016 essentially looks and performs like a Boeing 707 from 1960. Yes, the 787 uses less fuel and flies further and is quieter but they both fly at about the same speed and altitude and do the same job. They both need 2 pilots

etc