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Comment AI replacing Cognition (Score 1) 160

We are talking not about AI taking this job or that job. We are talking about AI making Cognition redundant. So tell us about the jobs that do not rely on Cognition. And donâ(TM)t say anything like agriculture or plumbing, because when you has r humanoid robots, thats just another form of Cognition. So name the jobs people will do that is not based in a form of Cognition.

Comment Re:60% of accounts carry balances month-to-month! (Score 2) 127

The key bit of financial ignorance here is not understanding that credit cards are unsecured loans.

Other forms of credit have lower interest rates because the risk of default is mitigated by the ability to seize and sell an asset used to guarantee.

Being unable to pay your bills on time (or at all) increases how much you pay for all forms of credit.

Comment Re: China is cheaper (Score 1) 102

More people would receive treatment and survive conditions that would otherwise be terminal without treatment. This would lead to more people lingering on with chronic conditions and needing future care related or unrelated to what would have killed them.

Some of these treatments and followup supportive care can be very very expensive.

Savings from admin overhead would be more than erased by more people getting better access to services.

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