Topic: the billion dollars question (Read 563 times)

Besides crypto, I want to invest in medical businesses. I am a person who likes my cash flow to create a lot of value and profit for myself, so I always need to invest. The vaccine is currently available but I still believe it will be very slow to produce for the world. Meanwhile, medical businesses will still make a lot of money during this time. If we invest, we will make a profit and certainly will never run out of money or hungry in the future.

I couldn't agree that IT is dead as of the moment that covid-19 pandemic is still in presence for many people are now already switching into work from home using modern technologies to be equipped on the "new normal" approach although the phasing seems to be fast and made a lot of people to struggle on catching up with the new normal set up just to be able to continue their daily life most specially when it comes to work and studies.

IT and the modern technology have become now a shoulder to lean on at times like this because of the present health threat brought by this pandemic so how come IT is becoming then when the demand is continuously rising and even the market is already slowly getting back into progress because the effect of this pandemic is just temporary on nature.

The author of the post is very pessimistic due to the fact that he himself is now in a difficult situation, when there are practically no orders and the work doesn't get done. I myself was in a similar situation when a war broke out in the place where I lived and I had to close my business, then start from scratch. And here is the crisis again. But we don't forget that the black streak will end sooner or later. Where I live, sectors such as cinema and restaurants, on the contrary, "came to life", they didn't die, because people missed entertainment, this is what they needed after a long quarantine.

I d like to buy BTC adn ETH a bit lower price than now, they are the only two cryptocurrencies that support the market. How you can see when them go down all the crypto market fo down. We need to earn more for spend more.

When I see on Youtube, many ads show products from the store online, which the sellers use Youtube to promote their product. They can get more potential buyers from Youtube, and the seller is not just using Youtube but also from another website such as social media or another website that places the ads on their site.

If you say medium-sized companies and small IT companies, then yes, they are suffering because of this Covid-19, but not all of them because many of those small companies can survive and start to re-open their business. But we cannot deny that the corporations are still trying to have the market by producing many new products that can help people's lives.

The economy has started to rise by re-opening the corporations, medium, and small companies, hopefully helping the countries solve their problem.

Even before the pandemic, online shopping is very popular and now that we have a pandemic the online shopping grows more users than before due to the fact that we cant go outside because of the fear of contacting the virus and IT is not dead and in my opinion if there is a field where it is not much affected by the pandemic it is the IT field, people will depend more in the technology which highlights why IT is such a good investment. The OP talks about the future too much and exaggerate it with people having no money because of losing jobs, people now go online, work online.

Lol have you seen the market? Everything goes back to growth what kind of death are you talking about? The entire market has returned to its February positions and is gaining momentum. Why you like fatalism so much?

Everything that is happening now is just temporary due to covid 19, perhaps many sectors are weakened but it is still continues to rise gradually. And how did you say that online shopping is dead? As far as I know specially here in my country online selling is one of the best alternative ways of people today to earn,because most people today prefer not to go out and order their needs through online. It is better that we just buy now our basic needs and let's get rid of things we don't really need to live like our luxuries.

Just to be clear, they aren't spending for unnecessary things, but they have no choice to spend for their needs, that's why business such as for leisure and entertainment are struggling now. But, I think they don't need to fear for their future as the government will ensure that the vaccine will be available, Russia already had the vaccine, once this is successful, the world will eventually rejoice and that fear will be eliminated.

I still view this situation as a temporary thing, it's not big enough to cause a collapse of our economy as we will certainly recover from this trial in life.

I was expecting that the vaccine will not be available this year, but good news has come, so our agony will not be prolonged.

I won't argue with you mate, but at least in my country (somewhere in Asia), online business is booming and I would admit that I making a killing. As I have said, there are still a huge demand out there, you just have to know how to re-invent yourself in order to survived. I won't spill my secrets, lol. Have you tried upwork though? I have an account in there, way back 2009, but I'm not that active anymore, but the last time I check there are still huge demand for programmers. Of course there are competition, but it's up to you, your sales pitch etc to stand out from the clients.

We have to understand whatever he likes and the questions that he have. I understand his concern is about the layoff and cutting off of companies job.

There is no solution to that as they're cutting the cost of expenses of their company and most of the companies and industries are affected of it. While in IT, if you have a skill in the field you are in, you can easily be hired again.

exactly ...

I would say that it is stagnating due to economic conditions all over the world but it probably isn't dead. We might be heading our way towards a new recession but after all these are said and done, we'd be seeing the IT industry climbing back up to its glory again. I also have lots of friends who lost their jobs from the IT industry, and are now trying to make ends meet with their skill and their experience. Even a senior developer on their company is struggling to find a decent job nowadays since most companies who held on to their workforce aren't accepting new people even though their criteria fits the bill. Not only the IT industry is suffering but also other sectors out there, too. Jobs are hard to come by even if you are a skilled worker with years upon years of experience under your name.

i am trying to figure out what should we  do  next ... this is my point that they don't get

You had analysis the market well. People need of money to run their life. Many IT employees had lost their job due to reduction of workers in corporate. It make them to learn to earn and learn to save for future. Most IT people was not keep the money for savings. They get and live a luxurious life for short period. Now many people not able to pay their monthly dues. So this is not a time to inverse on gold or crypto. It's time to learn more method of earnings.

freelancing is just a quick buck for me for survival ...

i am a web developer & graphic designer this is my job ...so yeah also from web development point market is dead ...

this is my view and no one can tell me otherwise


Web Design is dead do to fact people are moving to mobile apps ,and now there is AI software that makes websites and social networks allow you to make your own page etc like facebook pages
Web Hosting will be dead soon do to fact people move to AWS,DigitalOcean,Google Cloud or they go decentralized  IPFS etc....
PHP / MYSQL,Wordpress is dead Node.JS , REACT, React Native killed it ... how in the hell can i tell people that node.js is not php/mysql and that they need to pay more for this services ....they don't get it
To do fact AI,trading platform,casinos costs money and time ...not anyone can afford this projects ...so until a client comes you got to wait a long long time
Python,OpenCV,TensorFlow etc same as AI --- money and time ...until client comes is going to take a long long time ....
Graphic Design ---> stupid contests killed it ...
Crypto is dead also do to fact now most cryptos are considered investments not currency , quick get rich schemes etc
Mobile is dead do to fact people expect you to develop apps like indians for 20 bucks ... not going to happen ...

Now only thing that is left is stupid tasks that only indians and chinese do it for cheap ...

So yeah market is dead ... only a indian or a chinese or a third world country person can say IT is booming

Only thing that works in IT is doing military software... and i don't want to help assholes kill children with airstrikes...

I wouldn't say that IT is dead and people aren't lying when they say that this sector isn't "booming". I mean, that would be stupid of you to think that Information Technology will no longer exist in the future. It will exist with us until the end. In fact, it is becoming so demanding that we are currently facing shortage of skilled people in IT field! I did read another post of yours where you state that it is dead as in people can't afford it. Yeah, revenues is falling, but this is temporary.
Based on the current situation, I would by pharmaceutical stocks. They are going to skyrocket within few weeks.

Man, IT is not dead LOL, it's literally booming right now cause a lot of businesses are converting online and a also a lot of business are making their online exposure to be good, which means they are constantly upgrading. And online shopping is going big this year, Personally I make a net profit of 1k$ for operating a E-commerce website last month, it's just a test run for 13days and gave me that huge amount of profit, I am planning to make a full launch this month but yeah, you got the point, online stuffs and businesses link online is literally booming this year.

But those industry will need advertisers right?
Did you try to at least stretch at what else you can do?
You are an IT, of course you are good with computers. Software, hardware, web researching, etc...

I don't think I am as good as you but I did find a way to get a job using the internet only.
It may not be the long type of jobs but if it can support my family then I will take it.
Stay positive man!

and many others that said the same, don't bother!
The OP thinks that because he can't sell his designs on fiverr for 25$ the whole IT sector is dead and life is going to end on this planet.


Hmm, let's see, titles like:





Oh my god, you mean that the growth is going to be even worse than the decline? Lol!


That was the speculation, the real numbers are here:
https://www.forbes.com/sites/martyswant/2020/07/30/facebook-reports-slower-q2-advertising-growth-while-google-reports-a-rare-revenue-decline/#45205ac8262b