The words you don’t want to hear.
Like many before you, imagine hearing those words, just as many do each year usually
when they least expect or need it – like just before Xmas in December 1999, as
happened to me, and again after I and two others completed the project we’d been
working on for 6months, just 8months later, I heard those words a second time…
And less than 18months later as my employer Marconi Software Solutions was closed
down by its parent corporation, GEC-Marconi, as the then parent company reduced its
workforce from 55,000 employees to just 12,000 in a worldwide re-organisation.
I was a software specialist – a “Techie” who worked in and for, some of the biggest
corporations in the world. and the life I had worked for 20years to make, was
Within the next 5years, if you don’t work for one of the many organisations who make
at least some of their living via the internet, or run one of these organisations
yourself, then you may be destined to hear those same words for yourself.
How would that affect YOUR life?
How would having no visible means of earning a living affect you? Your mortgage?
Your kids? Your spouse or partner? Your retirement? How would that affect your
relationship if you’re supporting another individual for years, or if that someone
was supporting you?
I understand, its difficult to see things when they’re far away, when you can’t see
the direct impact on you. BUT we’re in the early stages of another part of the
Don’t believe me?
The Western democracies are experiencing the biggest financial upheaval since the
dawn of the Industrial Revolution. They might not know it yet, but they are.
When I was a much younger man, I read a couple of books by a man called Alvin
Toffler, the first called “Future Shock” and the other “The Third Wave” were a
visionary’s peep into the future.
His style, though eclectic, served up a vision of the future, that might just
finally be arriving.
At the time, we were experiencing the start of the digital revolution – a transition
if you will, from an analogue world to the digital world we now enjoy.
Just like the Industrial revolution that had two major waves – initially coal and
steam engines, then later oil, and petroleum production which ushered in a huge new
wave of industries, and the motor-vehicle, we are now experiencing the second phase
of the digital revolution.
The first phase shrunk the huge mainframe computers used by the military, and Universities – first to mini-computers, and then to micro-computers; it saw the end of the “typing pool”, and secretaries, and they all became admin personnel, or administrators.
The tail end of this phase ushered in inter connectivity of computers beginning in 1969,
as they connected four Universities in DarpaNet, (Defence Advanced Research Projects
Agency NETwork) and later Arpanet in 1976 as Unix became the Education sector’s
Operating System platform of choice, and ‘C’ became the third of a trio of
programming languages that were readable by humans. – The first being A and B.
But that was then, and this is now.
The end of the PC era effectively began towards the end of the millennium, as the
world’s computer hardware manufacturers realised they needed 32bits to store a
“Date”, and a 32-bit software environment to run it all, just at the time that Tim
Berners-Lee was working in the Hadron Collider and wanted to share industry files
with others in the Physics community, and came up with the World-Wide Web.
That little way to allow people to find documents on other computers without needing
to know what they’re called, or even where they are, coupled with the extensions to
embed pictures, and later videos, and then a new wave of this digital revolution
started, as it merged the web with the phone, shrinking it and making it wireless,
putting the power of a mainframe into your pocket.
That was the final stage of the communications revolution, but now the real changes
will sweep away whole industries, put millions of Chinese factory workers, out of
jobs, send Bankers into a tailspin, shrink some of the biggest companies on the
planet to the size of a handful of people, and enrich their owners like the wealth of
Kings and Queens of the early rennaissance.
How so I hear you ask?
Just as the printing press put scriveners out of work, and ushered in the publishing
industry, and the PC put secretaries out of work, so the 3D-Printing Press will
Software supplier Dassault Systemes of France and 3D Systems Corp are among the
leaders in this 3D-Printing revolution. According to the Motley Fool web-site, we are at the beginning of the end of Chinese manufacturing dominance, but will it be also a revolution in other industries.
Imagine, if you will, having one of these $1200 printers in your garage – just like
the one found in a Manchester out-building late last year, which had the designs and
a partially completed functioning gun.
The same gun design which an Austin, Texas, University student, video’d firing at a
rifle-range. The magazine was also manufactured on that same printer.
Now, we learn that these 3D-printers can manufacture – print – live cells creating
live organs such as the kidney used in a live organ transplant, rubber, plastics,
metals, even building materials in upto 99 different materials.
If you work in the building industry and the housebuilder you work for doesn’t use
this technology, how will they compete with a company that manufactures 40 storey
tower blocks in a factory and builds them in sub-assemblies to be assembled on site
in days, rather than weeks. If you’re an administrator, brickie, techie, plumber
electrician or driver, where’s your JOB if the company you work for no longer
Of course, designers, architects and engineers, will also find this technology a blast.,
just as many already are. Printing in glass, wood, rubber, steel, concrete, or even
a combination of materials.
For the ladies, you might be pleased to learn they can even print chocolate.
BUT, if we can produce a design in one part of the world, and print it off on the
other side of the world, where does that leave the transport and logistics
industries? And if designs are everywhere, then where does that leave factory
workers if components can be manufactured -printed – as and when needed? A complete car has already been produced using this technology.
If you work in the minerals industry – producing the raw materials for this
brave new world then you would appear to be relatively safe perhaps even increasingly in demand – for now.
If you don’t need a refinery to make things, what happens to those workers who work
in those industries?
And if China and India have several hundred million, perhaps a billion people
between them unemployed, what will those two countries do to employ their hundreds
of millions of unemployed, and angry young men?
The last time this happened was after the 1908 Banking crisis, leading ultimately to
the first world war, and we all know what that outcome was.
The Banks though too, need to be concerned at these changes, as the crypto-
currencies previously mentioned replace real folding paper money, and everyone’s
computer or smart-phone can be a bank vault, how will Banks make money?
Perhaps the GRG (Global Restructioning Group) of RBS which was recently criticised
for aggressive tactics, when it “pulled the rug from under” the feet of dozens of
small businesses, is the way they’ll do it, making everyone a rent or debt slave.
A report on RT today told of a hotelier, who was just 11 days from re-opening a hotel
after a major refurbishment, when their Bank Manager rang and said that the £1.6m of
their loan agreed and still outstanding, couldn’t be paid, as they had run out of money, and the business was effectively bankrupt.
As the man told of losing his hotel, and the Bank taking it into their property division, the hotel opened on the day his wife was diagnosed with cancer except now the Bank owns it.
The Banks who enslave people with mortgage debt are using the original old french
meaning of the mortgage – the “DEAD-HAND” of the mortgagor, who controls the life of
the mortgagee. Only the elimination of the debt can free the energies of the world,
and this means taking away the power of the Central Bankers to create money out of
Gold, Silver and even Bit-coin may be the tools of retribution. However, in 1933,
President Franklin Delano Roosevelt, issued executive order 6102, which made the
ownership of Gold a criminal offence punishable by upto a fine of $10,000 – a HUGE sum at that time, or a period of upto 5years in prison. Silver was added to this list in 1934.
It has just been made illegal in China to trade bit-coin, how long before other
autocratic governments do the same?
But this new industry can’t be un-invented.
Business Insider research analyst – Pascal Gobry calls it:
“THE NEXT TRILLION DOLLAR INDUSTRY.”
If you are at risk, maybe the answer is to start your own business, and accumulate Gold or silver. Just make sure you keep it under wraps, and out of the hands of Bankers.
As Long-Term Capital Management, MF-Global, Lehman Brothers, Bear Stearns, and others have left so-called gold owners without their physical metal, meaning they are just another creditor of these now defunct Institutions and Banks. It seems as if Cyprus is the model of the future…
How will you pay for food if your savings go the way of the Dodo?
Until Next time…