It is a common first time job these days. My parents first jobs were as a factory worker and waitress while both me and my sister were working in telemarketing. It is a strange and worthless job.
You channel is criminally undervalued The quality of your content far exceeds your subscriber count. It may not happen today or tomorrow, but its inevitable that this channel will blow up eventually. Keep the videos coming!
It's a strange thing I've noticed over the last 5 years specifically. I work as an electrician, I have worked building research ships, a robotic palletizing system, a hydrogen fuel cell production and testing plant, numerous control systems in hospitals, yet my perceived status and worth seems to be extremely low. For example, I have met a few people who reset email passwords within a corporation and consider themselves "tech" workers, and this is considered much higher status and important to society. I've just noticed how it has played out socially and in the dating market. It's super apparent.
I have noticed this too. I’m a bored and mentally exhausted office worker - I’m also very well versed with the trades (renovated a home myself, used to work in a machine shop). But the social tax that you described as well as often a wage and benefits tax (ie often blue collar jobs in the US do not offer health, retirement, etc unless it’s Union) keeps me clicking the mouse to pretend I’m busy.
You are missing one important point in your video. The government and big corporations work together to obtain more power and control, and for that, they need a society that is busy and divided. If enough people have time on their hands things would improve for sure, but also those people thanks to more time would start to look and reflect more on what governments are doing and spending our money on. They created hostile environments where people struggle all the time, housing problems, and money problems. If those things would go away and society felt more secure they would for sure start to look for improvements elsewhere, and that would be a headache for any government...
If you look at the American economy, productivity has gone way up, while wages have not. Ideally, automation and AI are supposed to move us toward a post-scarcity society. Instead, it is being used to increase wealth inequality, stifle freedom and creativity, and benefit the most selfish and greedy of our society. We have all gone so crazy with the state of things that we make every effort to numb ourselves, distract ourselves, to cope with the absolute futility and hopelessness of the rat race. Your content and the ideas you present are VERY much needed. Thank you.
I feel like I'm pretty late in subscribing to this channel, but thank you for starting this channel! IMO, it's one of the few channels that actually engage in real thought and exploration of new ideas. And as everyone else has pointed out, your content is criminally undervalued by UA-cam.
Man this video just hits harder with time. I love your explanation with the Swedish logging industry, most people don’t understand just how efficient we are, and therefore overworked
I had to do a double take on the subscriber count because I thought there was no way there was a decimal in that number. Woulnd't have even blinked if you had hundreds of thousands of suscribers. I hope you stay on the journey of making awesome videos like this!
I love how we share in common the anger felt when looking at the (ultra-rich) and the inequality caused by this. In a comment of another video of yours I read that it's because we're envious. Maybe there's some truth to it, but for me personally it's just so frustrating to see how the (ultra-)rich spend (*cough* waste) their money... Maybe that's due to my nature of being an advocate (INFJ -personality type) As always, keep up the good work and produce more of such high-quality videos! Maybe you could add more of an own opinion section at the end (as it looks like we have the same ;-))
i thought about how pointless most jobs are very often, its comforting to hear that some researchers are investigating this issue, i hope for a more enlightend future.
David Graebers ‘On Bullshit Jobs’ is a brilliant analysis of this phenomenon . Awesome video and just recently discovered this channel . Keep doing the great work mate 🙌🏼
Excellent video! You're doing *very* important work by spreading this message in an easy-to-comprehend way :) I'd recommend also noting that some of these productivity gains in the Global North have come at huge social and environmental costs in the Global South, making it necessary to not only redistribute the wealth within any given nation, but also between countries and especially from the Global North to the Global South. I'd also say that while many jobs these days definitely feel pointless and don't serve actual needs, it would be useful to also mention that they have a point, which is to serve capital. That is, they are there for a reason, and that reason is to further enrich owners of capital and the capitalist system as a whole. Might make it more clear why these jobs exist and how to build the power to oppose them :)
Thank you very much! I couldn't agree more. We need to address global inequality way more and I should perhaps have done that more in this video. On a related note, I was surprised to learn recently (from the book Combating Inequality) that after the sharp rise of inequality also within the global north, today, class matters more than nationality in accounting for global inequality. To predict the position of an adult in the global distribution of income, it is apparently today more useful to know her income group than her nationality. I.e. there are today global poor also in rich countries. I do still agree with your point though. I've made another video about EU's immigration policy in which I, indirectly, talk about the vast inequality between even the poor countries in the EU and poor countries in Africa. Do you have any book recommendations?
So, here’s the thing: productivity's shot up like a rocket since the '70s, right? But guess what? Wealth distribution’s gone the opposite way-plummeted faster than my hopes for humanity. Good luck to the next generation! They’re really going to need it, aren’t they?
thank you so much. this year i'll be 21 years old, which mean i need to work and join this wtf system. i always try to find a way to leave this system as it just only create value for those who are already rich but can't really find a way yet, this video is a great kickstart for me
Good videos and Impressive graphics, but I believe you need to work on the sounds, I find them a bit too distracting, and they end up taking away from my understanding of the points of what you are actually saying. I think there can be a balance to be found. Cheers
The problem with "productivity" gains is that almost ever measurement of it is based on GDP instead of having longer life expectancy, lower blood pressure , etc. The gains on the 21st century have mostly been internet of things which doesn't really improve your life much. I mean if Netflix and all this apps did not exists we would be even better mentally. Our economy also works on consumerism. Make money to buy stuff you do not need to please people you do not like. Also people do what they hate for money and use that money for what they like.
If you buy solar parabolic mirror to replace wood as fuel, buy second hand clothes, use bike as transportation, go to libraries, learn sustainable solutions to everything and execute it, utilise open source for technology, grow your own food like potatoes (not wheat that is finicky to harvest, or corn which has more wasted material than food, or some un-useful fruits and veg but crops that actually prevent you from extreme poverty), bamboo for making furniture and house, sugar beet for sugar and make everything yourself that was traditional in your country or culture which is usually natural and accessible to laymen, easy to make with no imported materials. you should also make floating houses like in Asia for free land. the downside is that you don’t contribute to the people around you. just someone living for themselves. if there’s surplus maybe sell it
As a corporate slave, I'm all for less hours but increase in productivity is due to capital investments, not human resources. Productivity per worker is about the same before it is amplified by capital investments on technology, so its difficult for workers to lay claim on the additional value
The crazy thing is that the people who are doing those primary productive jobs are the ones being screwed over the most by this system. We need workers rights for the people working the vital jobs without which everything would stop.
Yuval Noah Harari actually talks about the difference between the current and the last revolution of work in his book 21 lessons. His point is, that while workers had no political power, their work was essential for goods production and consumption. They therefore had some bargaining power. Today, since most people work in non-vital services, their economic importance is less than a few years ago and will shrink with every technological improvement (Ai, robotics, etc.)
That's a good point, and a great book. I love Yuval Noah Harari's books and especially 21 lessons, especially the part about the importance of self-awareness in an increasingly AI-governed world. So do you think we will see universal basic income on a wide scale anytime soon and what could bring that about?
I think that eventually we will have to come up with a solution close to a universal basic income. The way I see it, many jobs (even law and medicine) are being disrupted and will only stay relevant for the time that governments don't allow Ai to do certain tasks (like defending someone in court, or diagnosing cancer etc.). The moment some policymaker in the world let's Ai into one of these highly regulated industries, we will see an extreme drop in income among the academic classes which make out much of our workforce - and highly developed societies should adapt by securing social and economic needs. Maybe, and I'm just brainstorming here, we should tax the use of Ai for welfare and UBI initiatives to have a possibility to profit as a society from those types of innovation. @@TheMarketExit
I knew how much of our lives we spend working but seeing it like that makes me absolutely hopeless and I question the whole human existence as well as mine.
@@TheMarketExit Yet you want to rip all the privilege of having people working on a society? A life without work is possible, as long as you’re willing to give up your air conditioner and hot shower
This is a great video, however I wished that 3:25 you had explored how the US abondaning the gold standard in 1971 has affected the Productivity vs Standard of Living over the years.
The heritage foundation has a lot to answer for since the 70s. Tax breaks for the rich etc and start of Thatcherism and Reaganism. Inequality has been on steroids since then
First of all, I do agree with the point of the video, productivity increased and we no longer have to work as long, unless we want to. But my first issue with this: research suggests all research is wrong until you publish sources to the peer reviewed papers. Also keeping your numbers limited to a country at the top of the food chain while ignoring all "essential stuff" like most products and materials comes from non-western countries leads quite obviously to the wrong conclusions... And the last one I can highlight: sure we have increased productivity, but you ignore demand. We are no longer living to or expecting 1950's standards are we? everyone expects to have a comfortable and advanced car, trains, planes, advanced software. In all industries there is customer demand - therefore jobs available. Are we pretending to work half the time in the office? Yes. Does that mean that job is entirely imagined? Certainly not...
Thanks for your comment. You make very good points! I'm making a new video at this very moment that does address some (but not all) of the things you bring up. For example, "everyone expects to have a comfortable and advanced car..." -- I'm not so sure about that. There are more and more indications that there is a clear limit to how much economic growth and material wealth can make us happier. In fact, much indicate that we're suffering more and more from various mental disorders etc. I believe you'll like that video so stayed tuned. I'm looking forward to your thoughtful comments also to that video. Cheers
I'll grant you that some service sector jobs are useful. It's striking to me, though, how the most useful service jobs usually pay the least and vice-verce
I don’t know if I agree with your conclusions. The pointless work has a point in that it takes the burden off of the primary producers so they can produce more. The telemarketing job serves the need for human connection for many people. In the future AI will make these jobs more personal and will better serve consumers. Also I don’t think you are taking into account the massive improvements in standard of living for the world’s poor countries. The top 1% may be more efficient at deploying capital to these parts of the world. Also in order to support higher productivity more capital is needed. Since large parts of society are content to live paycheck to paycheck they do not necessarily save enough capital to support this productivity necessitating the need for people to hold more capital. It’s not like Warren Buffer or Elon Musk are consuming 1000x more hat I am consuming, I doubt it is even 3x. Anyway, the quality of your content is very good but I think you are bent toward a more woke view which oftentimes tries to create victims from society or the economy which isn’t always accurate.
ua-cam.com/video/Z3YsBZljWOo/v-deo.html "Because here's the key: The productivity gains have been so massive that they dwarf the relevancy of increased life expectancy." Mic-drop. Amazing.
Ok, now I wanna see a movie called "I Was a Teenage Telemarketer". I'm pretty sure it could make the top 10 most terrifying horror movies of all time.
😂. I was thinking that "teenage telemarketer" would be a good band name at least
It is a common first time job these days. My parents first jobs were as a factory worker and waitress while both me and my sister were working in telemarketing. It is a strange and worthless job.
@@klankungen7794Not true. The wolf of wall street did ok.
@@okigi-wo5zm they made a lot of money. It's not the same as contributing wealth to society. Most of them are rather worthless.
@@klankungen7794 if they draw a paycheck and pay taxes they aren't worthless. As long as they aren't defrauding anyone.
You channel is criminally undervalued The quality of your content far exceeds your subscriber count. It may not happen today or tomorrow, but its inevitable that this channel will blow up eventually. Keep the videos coming!
Thank you very much, that means a lot. I'll keep making videos for sure
Agreed!
@@TheMarketExit I agree. It's brilliant. Wonderful, informative videos and Shorts. I just subbed.
I agree. Instant subscription.
Couldn’t agree more. It’s insane how good this channel is
It's a strange thing I've noticed over the last 5 years specifically. I work as an electrician, I have worked building research ships, a robotic palletizing system, a hydrogen fuel cell production and testing plant, numerous control systems in hospitals, yet my perceived status and worth seems to be extremely low.
For example, I have met a few people who reset email passwords within a corporation and consider themselves "tech" workers, and this is considered much higher status and important to society.
I've just noticed how it has played out socially and in the dating market. It's super apparent.
I have noticed this too. I’m a bored and mentally exhausted office worker - I’m also very well versed with the trades (renovated a home myself, used to work in a machine shop). But the social tax that you described as well as often a wage and benefits tax (ie often blue collar jobs in the US do not offer health, retirement, etc unless it’s Union) keeps me clicking the mouse to pretend I’m busy.
You are missing one important point in your video. The government and big corporations work together to obtain more power and control, and for that, they need a society that is busy and divided. If enough people have time on their hands things would improve for sure, but also those people thanks to more time would start to look and reflect more on what governments are doing and spending our money on. They created hostile environments where people struggle all the time, housing problems, and money problems. If those things would go away and society felt more secure they would for sure start to look for improvements elsewhere, and that would be a headache for any government...
If you look at the American economy, productivity has gone way up, while wages have not.
Ideally, automation and AI are supposed to move us toward a post-scarcity society. Instead, it is being used to increase wealth inequality, stifle freedom and creativity, and benefit the most selfish and greedy of our society.
We have all gone so crazy with the state of things that we make every effort to numb ourselves, distract ourselves, to cope with the absolute futility and hopelessness of the rat race.
Your content and the ideas you present are VERY much needed. Thank you.
I agree with your comment, PinkiePi! What can we do to change course?
Really glad UA-cam suggested me your channel. Spectacular work and very nuanced videos. Hope you reach great heights.
Thank you very much :) I'm also glad UA-cam suggested my channel to you. Cheers!
I feel like I'm pretty late in subscribing to this channel, but thank you for starting this channel! IMO, it's one of the few channels that actually engage in real thought and exploration of new ideas. And as everyone else has pointed out, your content is criminally undervalued by UA-cam.
Channel will blow up. Guaranteed.
Thank you! I hope you're right ;)
🤞
I see your point. As productivity goes up, the benefits to the worker should go up as well.
Man this video just hits harder with time. I love your explanation with the Swedish logging industry, most people don’t understand just how efficient we are, and therefore overworked
Insane content, i can not believe this video does not have one million views. You will get there for sure. Keep the videos coming.
Thanks! :)
I had to do a double take on the subscriber count because I thought there was no way there was a decimal in that number. Woulnd't have even blinked if you had hundreds of thousands of suscribers. I hope you stay on the journey of making awesome videos like this!
Thank you, that's very kind. I will keep making videos, for sure. I'm working on some new stuff right now.
I love how we share in common the anger felt when looking at the (ultra-rich) and the inequality caused by this. In a comment of another video of yours I read that it's because we're envious. Maybe there's some truth to it, but for me personally it's just so frustrating to see how the (ultra-)rich spend (*cough* waste) their money... Maybe that's due to my nature of being an advocate (INFJ -personality type)
As always, keep up the good work and produce more of such high-quality videos! Maybe you could add more of an own opinion section at the end (as it looks like we have the same ;-))
i wonder why this channel havent blown up yet🤔
Thanks for commenting! :)
i thought about how pointless most jobs are very often, its comforting to hear that some researchers are investigating this issue, i hope for a more enlightend future.
David Graebers ‘On Bullshit Jobs’ is a brilliant analysis of this phenomenon . Awesome video and just recently discovered this channel . Keep doing the great work mate 🙌🏼
Excellent video! You're doing *very* important work by spreading this message in an easy-to-comprehend way :) I'd recommend also noting that some of these productivity gains in the Global North have come at huge social and environmental costs in the Global South, making it necessary to not only redistribute the wealth within any given nation, but also between countries and especially from the Global North to the Global South. I'd also say that while many jobs these days definitely feel pointless and don't serve actual needs, it would be useful to also mention that they have a point, which is to serve capital. That is, they are there for a reason, and that reason is to further enrich owners of capital and the capitalist system as a whole. Might make it more clear why these jobs exist and how to build the power to oppose them :)
Thank you very much! I couldn't agree more. We need to address global inequality way more and I should perhaps have done that more in this video.
On a related note, I was surprised to learn recently (from the book Combating Inequality) that after the sharp rise of inequality also within the global north, today, class matters more than nationality in accounting for global inequality. To predict the position of an adult in the global distribution of income, it is apparently today more useful to know her income group than her nationality. I.e. there are today global poor also in rich countries. I do still agree with your point though. I've made another video about EU's immigration policy in which I, indirectly, talk about the vast inequality between even the poor countries in the EU and poor countries in Africa.
Do you have any book recommendations?
This video is amazing! Gary's economics makes a convincing case for a wealth tax btw...
Criminally undervalued
So, here’s the thing: productivity's shot up like a rocket since the '70s, right? But guess what? Wealth distribution’s gone the opposite way-plummeted faster than my hopes for humanity. Good luck to the next generation! They’re really going to need it, aren’t they?
I think better thumbnails could improve the popularity of this channel... Cause this production value is next level
Astonishing quality of content, thank you for your work!
Much appreciated!
man, you deserve more subscribers.
Working on it!
your videos are premium. just keep with it, and you will be at 100k in no time
Thank you very much Adam, I'll keep with it for sure :) I'm glad you're with me!
Subscribed after watching 1 video!
Top stuff!
Thank you! :)
thank you so much. this year i'll be 21 years old, which mean i need to work and join this wtf system. i always try to find a way to leave this system as it just only create value for those who are already rich but can't really find a way yet, this video is a great kickstart for me
Thank you for commenting. I'm sure you'll find something to do that feels valuable to you and not only to the richest owners of capital
David Graeber’s work on bulls#!t jobs is worth learning about.
Excelent video.
These videos are awesome. Huge supporter.
Good videos and Impressive graphics, but I believe you need to work on the sounds, I find them a bit too distracting, and they end up taking away from my understanding of the points of what you are actually saying. I think there can be a balance to be found. Cheers
Unironically me when pretending to do office work in a hostile work environment:
Excellent content. Keep it up!
Thank you very much! I do indeed intend to keep it up :)
The problem with "productivity" gains is that almost ever measurement of it is based on GDP instead of having longer life expectancy, lower blood pressure , etc. The gains on the 21st century have mostly been internet of things which doesn't really improve your life much. I mean if Netflix and all this apps did not exists we would be even better mentally. Our economy also works on consumerism. Make money to buy stuff you do not need to please people you do not like.
Also people do what they hate for money and use that money for what they like.
Great commment! This is sad, but accurate in how most people live today: "Make money to buy stuff you do not need to please people you do not like."
super nice production! this should have wider reach.
Excellent work
best channel I discovered in 2024. you deserve a billion subs imo
Så spännande ämne du lyfter. Grymt👏🏻
Tack! :)
Relevant, lärorikt och inspirerande 🙌 Skickar denna till min arbetsgivare direkt!
Tack och bra idé!
Great job on the video, and good luck on your new career path. I'm sure you'll succeed.
Thank you, much appreciated! :)
Very good video I will subscribe today
David Graeber's book "BS Jobs" is relevant here.
You make really good videos, thanks
You write really good comments, I appreciate it :) Thanks
I see some simplifcations and omisions but still interesting takes, i will watch more
If you buy solar parabolic mirror to replace wood as fuel, buy second hand clothes, use bike as transportation, go to libraries, learn sustainable solutions to everything and execute it, utilise open source for technology, grow your own food like potatoes (not wheat that is finicky to harvest, or corn which has more wasted material than food, or some un-useful fruits and veg but crops that actually prevent you from extreme poverty), bamboo for making furniture and house, sugar beet for sugar and make everything yourself that was traditional in your country or culture which is usually natural and accessible to laymen, easy to make with no imported materials. you should also make floating houses like in Asia for free land.
the downside is that you don’t contribute to the people around you. just someone living for themselves. if there’s surplus maybe sell it
Amazingly good
Thank you Øystein!
Thanks!
As a corporate slave, I'm all for less hours but increase in productivity is due to capital investments, not human resources. Productivity per worker is about the same before it is amplified by capital investments on technology, so its difficult for workers to lay claim on the additional value
Thanks for posting this interesting subject matter. (Note: I find the audio somehow not appropriately modulated in this video)
Thanks, I'll work on that more in my next video
The crazy thing is that the people who are doing those primary productive jobs are the ones being screwed over the most by this system. We need workers rights for the people working the vital jobs without which everything would stop.
Hear hear! How weird isn't it that the jobs our society need the most are often the ones that pay the least?
lol i watched this video while at work!
That makes me happy to hear!
wow vilken fantastisk kvalitet!!!
Tack :)
Yuval Noah Harari actually talks about the difference between the current and the last revolution of work in his book 21 lessons. His point is, that while workers had no political power, their work was essential for goods production and consumption. They therefore had some bargaining power. Today, since most people work in non-vital services, their economic importance is less than a few years ago and will shrink with every technological improvement (Ai, robotics, etc.)
That's a good point, and a great book. I love Yuval Noah Harari's books and especially 21 lessons, especially the part about the importance of self-awareness in an increasingly AI-governed world. So do you think we will see universal basic income on a wide scale anytime soon and what could bring that about?
I think that eventually we will have to come up with a solution close to a universal basic income. The way I see it, many jobs (even law and medicine) are being disrupted and will only stay relevant for the time that governments don't allow Ai to do certain tasks (like defending someone in court, or diagnosing cancer etc.). The moment some policymaker in the world let's Ai into one of these highly regulated industries, we will see an extreme drop in income among the academic classes which make out much of our workforce - and highly developed societies should adapt by securing social and economic needs. Maybe, and I'm just brainstorming here, we should tax the use of Ai for welfare and UBI initiatives to have a possibility to profit as a society from those types of innovation. @@TheMarketExit
I knew how much of our lives we spend working but seeing it like that makes me absolutely hopeless and I question the whole human existence as well as mine.
That chart does put things into perspective, I agree. A life that has value beyond work is possible!
@@TheMarketExit Yet you want to rip all the privilege of having people working on a society?
A life without work is possible, as long as you’re willing to give up your air conditioner and hot shower
This is a great video, however I wished that 3:25 you had explored how the US abondaning the gold standard in 1971 has affected the Productivity vs Standard of Living over the years.
What should I read if I want to understand that properly?
@@TheMarketExit I only know about as general trivia. Can't help much in that department :/
The heritage foundation has a lot to answer for since the 70s. Tax breaks for the rich etc and start of Thatcherism and Reaganism. Inequality has been on steroids since then
the quality is like most Netflix documentaries 🤯
Hey, that's a really nice compliment! Thanks
First of all, I do agree with the point of the video, productivity increased and we no longer have to work as long, unless we want to. But my first issue with this: research suggests all research is wrong until you publish sources to the peer reviewed papers. Also keeping your numbers limited to a country at the top of the food chain while ignoring all "essential stuff" like most products and materials comes from non-western countries leads quite obviously to the wrong conclusions... And the last one I can highlight: sure we have increased productivity, but you ignore demand. We are no longer living to or expecting 1950's standards are we? everyone expects to have a comfortable and advanced car, trains, planes, advanced software. In all industries there is customer demand - therefore jobs available. Are we pretending to work half the time in the office? Yes. Does that mean that job is entirely imagined? Certainly not...
Thanks for your comment. You make very good points!
I'm making a new video at this very moment that does address some (but not all) of the things you bring up. For example, "everyone expects to have a comfortable and advanced car..." -- I'm not so sure about that. There are more and more indications that there is a clear limit to how much economic growth and material wealth can make us happier. In fact, much indicate that we're suffering more and more from various mental disorders etc. I believe you'll like that video so stayed tuned. I'm looking forward to your thoughtful comments also to that video. Cheers
🔥👍
Nice video
Thanks!
7:13 where are the sources for these claims?
It's not realistic to believe that companies are just creating jobs in order to help social cohesion. Service sector jobs are mostly useful.
I'll grant you that some service sector jobs are useful. It's striking to me, though, how the most useful service jobs usually pay the least and vice-verce
👏👏👏
Damn, this video only getting 8k views is a travesty
Jag och många andra skulle uppskatta svenskt tal, eller åtminstone svensk text.
Bra poäng Lena! Jag har fixat svensk text nu
I don’t know if I agree with your conclusions. The pointless work has a point in that it takes the burden off of the primary producers so they can produce more. The telemarketing job serves the need for human connection for many people. In the future AI will make these jobs more personal and will better serve consumers. Also I don’t think you are taking into account the massive improvements in standard of living for the world’s poor countries. The top 1% may be more efficient at deploying capital to these parts of the world. Also in order to support higher productivity more capital is needed. Since large parts of society are content to live paycheck to paycheck they do not necessarily save enough capital to support this productivity necessitating the need for people to hold more capital. It’s not like Warren Buffer or Elon Musk are consuming 1000x more hat I am consuming, I doubt it is even 3x. Anyway, the quality of your content is very good but I think you are bent toward a more woke view which oftentimes tries to create victims from society or the economy which isn’t always accurate.
Sorry, i have to ruin the 666 likes on this video
ua-cam.com/video/Z3YsBZljWOo/v-deo.html
"Because here's the key: The productivity gains have been so massive that they dwarf the relevancy of increased life expectancy." Mic-drop. Amazing.
So glad I subscribed to your channel!!
Y'all join me‽
David Graeber's book "BS Jobs" comes to mind.
Thanks!
Thank you very much Mr Campbell :)