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The Cautionary Tale Of Gig Economy Investments

January 3, 2023 By Conn Williamson

The legacy of Hans Christen Anderson could never imagine in a Moody Blues style of “Wildest Dreams” that the historic collection of fairy tales and other titles within the genre would be brusquely removed from public school library shelves and replaced by “trans”tastic tales of the third kind normalizing the transitioning of a human into a jovial and languishing cantaloupe.

Of course, the younger generations have been coerced into celebrating the snarky man bun information specialist ransacking the fiction section in secret book burning sessions. After the idea of the retro librarian was scrapped, the glorified Yoga instructor averse to discipline was hired by the progressive school board, who in turn was elected by suburban idealists adhering to all the principles of cultural Marxism engaged in a seance of radicalized Democrat worship. As the North Korean’s say, “May you live in confusing times as we slowly and painfully exterminate you,” and it all begins with corrupting the children.

The modern plot of the magic dreamworld of playtime is not confined between the covers of plots generated by the diverse and non-white creators conjuring Sally Slices and Boris Goes to the Animal Farm- A Celebration of Bestiality and society is getting a cold hard look at the detrimental consequences of embracing the special interests. The driving force of “bubble up” economics is a severe consequence of free-range parenting and accounts for the posturing of the gig economy, as the wild fluctuations in the financial marketplace reflect the behaviors of the youth movement raised in an environment of zero consequences. While last year’s social media sparked run on shares of GameStop created a ripple effect across financial markets, the recent collapse Tesla shares correlate to speculation and hysteria propagated by the hive mind fed by instant gratification. Charles Schwab has been effectively replaced by Reddit and Coinbase is considered a legitimate platform to trade commodities. In a world governed by organization dynamics and AI, attempting to negotiate with a formidable and temperamental human anthill is a disturbing reality, where the battle between knowledge and wisdom clash to decide the winner of the daily trending headlines.

The recent collapse of Musk’s keystone empire’s security is no longer precedent, as the aforementioned phenomenon perpetuated by the disturbing and frenetic properties of the information age is making a mockery of Wall Street. While the vast overvaluation of Tesla, a corporate entity heavily subsidized by the federal government, and brings the sordid corruption of politicians on both sides of the spectrum to the flawed equation, the product is an entirely different story.

Investors, and the legions of younger individuals have been complicitly bullish in the inflation of a product that takes more energy than a traditional vehicle to manufacturer, and coupled with the overengineering and lack of redundancies, leaves a prodigious question mark as to how markets will be evaluated over the next two decades. As inexperienced and amateur investment enthusiasts are deploying complex AI algorithms and analytics to circumvent the rigors of the eye test, a system that has a relatively high efficiency, crushing oversights are prevalent. While the overconfidence of Generation-X and younger in metrics believes in the myth that even the Las Vegas sportsbook can be defeated uniformly and consistently, the house and those selling short have the last laugh at the literal expense of Musk and his cronies.

While the young will always remain impressionable, sales gurus such as the world’s now second richest individual, after losing $132 billion in 2022, use a mesmerizing formula of lingo flanked by rhetoric defying authority to gain cult status and raise stunning amounts of capital. Along with the razor sharp, yet narrow focus of greenhorn coders writing smart software that is incompatible with stability, the wild swings of the financial markets will only continue.

As the information age forges on, the majority of society takes a surface level approach to learning and understanding entire concepts, a detrimental oversight that is only enhanced by the thought abbreviation contained within the ecosystem of social media. The banishment of critical thinking skills allows an unproven product like Tesla to go viral, as investors and owners are unable to reverse engineer the business model and design, leaving a glaring void in truth or absolutes. Currently, an incomplete network of charging stations across widespread areas in the US leaves drivers with a logistical nightmare in planning a cross country tour. All other drivers on the road have to face the horrific possibility that a Tesla operator will put the vehicle in self-driving mode and either take a nap or play video games on their device, an unsettling reality that has already led to traffic fatalities that could have been prevented.

Unfortunately, these glaringly destructive factors are not weighed when purchasing securities, and the fiscal markets do not reflect authenticity or effective research. This empirical anomaly will result in micro bear and bull markets as the fluctuations replace proven methods of investing with speculation based on emotion and groupthink.

 

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