Don't wanna go back to school!

To Liu who wrote:

Globalisation could negate efforts in skills upgrading

From Liu Rijing -

October 6

I refer to The Big Read article “Despite being vulnerable, few PMETs heed call to learn new skills” (Oct 1) and wish to raise a few points.

First, threats to jobs come not only from technological change but also globalisation.

So how can we be sure that learning new skills will ensure we do not lose out to global competition when companies relocate owing to cost considerations?

Second is whether a new skill one picks up would still be in demand after one has spent time and money to complete the training.

Third, when companies can choose to outsource professional work to a worker based in a foreign country with a lower salary, how can skills upgrading help then? (Today Online)

If you are looking for assurances, there are none. Sorry. But if you don't want to undergo skills upgrading, that's fine. When enough of us refuse to do so, there will be more opportunities for overseas companies to outsource their crappy, low-skilled, underpaid, exploitative, dangerous jobs to us. That should put your overarching fear of unemployment to rest.

10 cents for career counselling, thanks!

Wanna bet?

People are understandably concerned about the legalization of online betting in S'pore within the next month or two. Going online makes it more convenient to place bets via mobile app than having to trudge down and queue up at the corner betting store. But will convenience alone cause a spike in gambling as our concerned citizens fear? I doubt it.

This convenience comes with a price: the ability for the authorities to identify individual bettors, track how much each is wagering per transaction and establish their betting patterns over time. Cross-referenced against personal incomes, disproportionate or suspicious spending on bets can be flagged out for intervention if necessary.

If I were a betting man, I'd still go to the corner shop and place an anonymous bet with less-traceable cash. Only if I win big will the world know who I am. Until then, how I bet and what I bet on is nobody else's business. And as a non-betting man, I see more disincentive than incentive to start.