The article refers several times to the benefits of the game designer and the coder being the same person. I've often felt that this is the only way to build anything impressive, and in fact I'm amazed that corporations with their hierarchical organisation model ever get anything built at all but I suppose you can brute force anything with enough employees.
It does make you wonder if the future of AI-assisted development will look more like the early days of coding, where one single mind can build and deliver a whole piece of software from beginning to end.
Like in some English-speaking regions of US, Canada, maybe Australia, they end every sentence with a rising intonation like a question? Or some people, perhaps with insecurity about who they are, end their sentences weakly without determination and final authority, so it sounds like a question - like seeking approval of those around them? And then there's the "TED Talk candence" as another comment phrased it, often heard in corporate presentations or speeches, the patronizing tone of engaging with your audience like kindergardeners, asking them a non-question only so the speaker can spoon-feed the answer?
You're giving a 15% growth rate with zero volatility? That isn't going to teach many important lessons.
How about offering a range of rates with volatility increasing as rate increases. Then they can think about the benefit of guaranteed return vs the benefit of long-term growth, or a combination of both.
OP: I think introducing volatility (which you can just model with one percentage variable and a sinusoidal multiplier based on this: 100% volatility means if your "real" balance was going to be $100 today, it varies between $0 and $200 ; 10% volatility means you're fluctuating between $90 and $110) is also a good idea in teaching kids to refrain from the impulse of withdrawing the money just because today's daily gain is in the red.
The biggest challenge with pensions is convincing people in their 20s to invest in high risk/high return investments. This is usually the right strategy because of the long time horizon of several decades until they will need to crystallise losses/gains.
However if they see their pension balance fall in a big correction, they can panic and move to less volatile investments, thus reducing their long term gains.
You can theorize all you want but the best way to learn to cope with this is for it to happen to you so it would be great to include it in the simulation!
I think an even better option would be to show diversification. You could have some part in a higher risk volatile thing and another part that shows steadier positive growth. Get people to decided how much of each to mix. One of the most important lessons is that all your eggs don't need to be and usually should not be in one basket.
I decided to go for Yoto over Tonie because it explicitly encourages "Make Your Own" cards which you can put any MP3 files of your own or RSS links to podcast.
That was true for COVID but be careful not to overgeneralise. People also have historically warned about many things, with many of them never coming true.
In fact, that is probably the reason that people unfortunately have learned not to listen. There's even a fable about it.
Although I do think that AI fits the pattern of "real big thing".
In general, cultural diffusion progresses in three stages: from insiders to money people to the public.
For example, great artists are recognized first by fellow artists and critics, then by art auctions, then by the broader public.
AI seems to be following a similar trajectory. AGI is felt first by insiders (AI researchers), then by money people (politicians and business leaders - we are here) then by the public (I'm guessing soon).
Everyone lives and enjoy life as they choose as they should!
For those who are not interested cutting down daily on what they eat this data would not be valuable to them just as the data their phone captures now how many steps you walked in a day.
Myself I eat Cava bowls for lunch that are less then 600 calories, drink 70 percent water (not consuming calories from what I drink) and unsweet tea (zero calories in tea) with some lemonade to sweeten it a bit as the remainder. Other chains you can find similar meals that are less then 600. If you eat as such and keep at (change ur lifestyle for good) it some weight will be lost if the person wants to as well go for a walk on their lunch break. But again all about to how people want to live and enjoy their lives!
The ordering out tends to correlate with someone not having the energy or discipline to make what they want themselves. That lack of energy leads to caving on food cravings and overeating.
I recently switched from a major tech company to an academic position and lost 5 pounds in the first month. Simply due to lower stress making the healthy habits seem “easy.”
Is it not just a question of what you're optimising for? Excluding the outliers (the lazy, incompetent, or geniuses), most can choose what to optimise for:
- free time, low stress, calm life
- fulfillment through delivering functionality
- fulfillment through pride in the craft
- money and status through career progression
- social validation through relationships with coworkers/bosses
It does make you wonder if the future of AI-assisted development will look more like the early days of coding, where one single mind can build and deliver a whole piece of software from beginning to end.