Future construction cost development in the next 3-5 years

  • Erstellt am 2019-08-01 13:51:08

Steffen80

2019-08-01 17:27:26
  • #1
YouTube search -> "NIO ES8, a China SUV with 644 hp, 840 Nm for €53,000 and AI friend"...the German automotive industry is driving full speed against the wall. How can you be so dumb...unbelievable...
 

Steffen80

2019-08-01 17:36:00
  • #2


That might have applied 20...30 years ago. In the era of extreme companies like Alphabet, Amazon, etc., with virtually unlimited resources in terms of money and IT manpower... and with full speed towards truly efficient machine learning, perhaps even combined with real quantum computing, you can "cut everything down." It's not just about the dying automotive industry... about two-thirds of service jobs will no longer be needed. Lawyers, medical diagnostics, programmers, bankers, consultants (tax, etc.), and so on and so forth...

Engage with this topic... I do this professionally and I tell you: we are facing upheavals that will be more intense than industrialization. Only one question remains: with what outcome?
 

guckuck2

2019-08-01 18:28:15
  • #3


I see it differently. Take the extreme example of Munich. There you pay 35-40 times the annual rent for apartments. After deducting costs, that’s basically zero return. At the same time, rents are already very high.
Look at the Wikipedia article on population development in Munich. The development in recent years is overall ridiculously low. Sometimes 10,000 more, sometimes less. The unstoppable rush to the city? Not true at all.
Also take a look at the growth forecasts from the past, which were set for 2015-2020. Back then, they expected 100,000 more people than are actually there now. The expected influx did not take place significantly.
Nevertheless, purchase prices are skyrocketing. This has nothing to do with a rush to the city, but in my opinion with the desire for investment opportunities, driven by cheap external capital. That’s what I call a bubble. The purchase price corresponds to no reasonable real value anymore.

Mobility, CO2, working hours clearly point to the countryside for me – less commuting, more flexible work from home.
The service sector delivers the high wages whose recipients can afford to live in the city. However, it is precisely the service sector in which personal presence is becoming increasingly unimportant. Office jobs are done from home, and in the branch office of insurance or bank XY fewer people are needed because customers handle their business from home.



I also work in the industry and do think we are experiencing exciting times. However, as always, you have to be careful which bandwagon is currently rolling through town. Everyone can spell digitalization, some CSU nobody even becomes minister of state for this important problem , but above all it is one thing: a selling argument. The budgets are really fat, some people slowly forget to use their brains. The main thing is new, fancy, hip and fast. Sorry, agile, of course. Because the steamroller that flattens everything is coming. Whoever used to be a coach is today an agilist, scrum master, feel-good manager, digital evangelist. Blah blah, all been there before, never been different. On faz.net there is currently a (paywalled) article “There is no digitalization” – at least the teaser holds some truth (I can’t read any more).
Especially in AI, I am of the opinion that far too much is publicly promised and announced than is already possible in reality.
Ten years ago everything was supposed to go to India, then everything was supposed to come back again, then everything into the cloud, now back again. I really don’t fear unemployment, as long as full-time number crunchers play bingo to earn the next annual bonus.

Quantum computers, that would be it. That really is a new era.
 

HilfeHilfe

2019-08-01 18:49:53
  • #4
Help !!! I am also currently being trained internally as an IT specialist! Things look promising for me
 

Steffen80

2019-08-01 19:31:22
  • #5


That is why I deliberately spoke of machine learning. AI is a big PR scam... something like true AI does not exist yet and I don't see it happening in the next at least decades (hundreds?). Quantum computing seems more realistic to me (at least it works to a limited extent in the lab) and also faster than true AI. True AI (in conjunction with quantum computing) should be able to carry out further development independently. This idea is kind of... yeah... porno? Something like the medical cure for cancer would presumably only be a "few mouse clicks" away. But other extremes would probably also exist -> trading stocks would probably no longer be possible in the current form because exact prices could be "calculated in advance". Yeah, it already has something magical about it.
 

Bookstar

2019-08-01 20:02:50
  • #6
You can't really buy it like that, right? And even then, the car would first have to prove itself. But basically, you shouldn't underestimate the Chinese when it comes to e-mobility, it will be tough for the local market players... Otherwise, digitization will still change a lot, not only for the better. I wouldn't need all that, I would rather stay in the "analog" age.
 
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