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Showing posts from January, 2025

Morne Patterson - Future Jobs: Why AI Won't Replace You (But Might Make You Better)

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  A recent McKinsey report reveals that generative AI could automate up to 70% of current employee workloads, whilst OpenAI estimates that 80% of the U.S. workforce will have their future jobs affected by AI. These statistics might sound alarming, but they don't tell the complete story. While AI has already contributed to 1 000’s of job cuts, the reality of jobs of the future is far more nuanced. In fact, roles requiring human interaction, empathy, creativity, and judgement remain largely secure. We're not facing a future of widespread job losses, but rather a transformation in how we work. Throughout this guide, we'll explore why the best future jobs will combine human expertise with AI capabilities, and how you can position yourself to thrive in this evolving landscape. We'll show you practical ways to adapt and grow, ensuring you're well-prepared for tomorrow's opportunities. The Evolution of Work: Understanding Tomorrow's Job Market Looking back at techn...

Morne Patterson - The Trump Effect: What Really Happened to US Markets 2016-2020

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  Understanding the impact of Donald Trump on US markets during his previous term provides valuable insights for the term ahead. In 2016, US markets witnessed the most incredible election response when the S&P 500 surged 1.1% on 9 November 2016 , following Donald Trump's initial victory. We saw the market rally to unprecedented heights, driven by expectations of substantial policy changes and economic reforms. During Trump’s previous presidential term, his impact on US stock markets was immediate and significant. The S&P 500 demonstrated a consistent upward trajectory, with the index gaining approximately 19.4% in 2017 , the first calendar year of his presidency. Small-cap stocks showed particular strength, rising approximately 15.5% in the month following the election , as measured by the Russell 2000 index. Additionally, the 10-year Treasury yields jumped from 1.86% to 2.45% in the month following the election, reflecting heightened expectations of fiscal stimulus. We ha...