Some Old Statistics

The Administration for Community Living (ACL) has published its profile of older Americans 2021, an annual summary of critical statistics related to the older population. The updated report shows an older population that’s increasing in size and diversity.

The older population is growing and becoming more diverse — https://healthjournalism.org/blog/2022/12/the-older-population-is-growing-and-becoming-more-diverse/

And in case you’re thinking none of this matters because you are still young…

We found that midlife, generally considered to encompass the ages of 40 to 65, has become a time of crisis…the midlife crisis experienced by most people is subtler, more nuanced and rarely discussed among family and friends. It can be best described as the “big squeeze” – a period during which middle-aged adults are increasingly confronted with the impossible choice of deciding how to split their time and money between themselves, their parents and their kids.

The real midlife crisis confronting many Americanshttps://theconversation.com/the-real-midlife-crisis-confronting-many-americans-114347

Due to the holiday, travel, and entertaining I’ve been spending less time in front of my screens.

Well, time to get back to my normal screen time habit.

Cryptocurrencies – Extra Credit Reading Assignment (Updated 12.01.22)

Cryptocurrencies are a social movement based on the belief that markings in a ledger on the internet have intrinsic value. The organizers of these ledgers call these markings Bitcoin, or Dogecoin, or offer other names based on the specific ledger. That’s really all a cryptocurrency is. There’s no magic. It’s not money, though it has money-like properties. It’s not anything except a set of markings. Sure, the technology behind the ledgers and how to create more of these markings is kind of neat. But crypto is a movement based on energetic storytellers who spin fables about the utopian future to come. In a lot of ways, cryptocurrencies are like Florida land that no one ever intends to use. It has value in the moment it is traded, but only because there’s a collective belief that it has some intrinsic worth.

Matt Stoller BIG newsletter 12.07.21 — https://mattstoller.substack.com/

FTX seems to be a textbook example of how many investors are easily hoodwinked by media narratives about the latest investment genius who has magically discovered some new way of delivering unprecedented returns. 

How Easy Money Fueled the FTX Crypto Collapse – https://mises.org/wire/how-easy-money-fueled-ftx-crypto-collapse

Good book. It should be required reading for everyone before they invest a single penny.

Update 12.01.22

One more extra credit reading assignment. FTX’s Collapse Was a Crime, Not an Accident

ATTENTION PARENTS – (What that does to the brain, we don’t know…)

Concerns about the mental health impacts of social media activity are longstanding, and have only intensified in recent years. In 2021, for example, internal research at Instagram made public by Frances Haugen showed the drastic mental health impacts of the photo app on teen users – including increased rates of eating disorders among teen girls – and sparked widespread calls for stronger regulation.But TikTok hosts similar harmful content, and experts warn a host of innovative features of the platform raise unique concerns.

What TikTok does to your mental health: ‘It’s embarrassing we know so little’ — https://www.theguardian.com/technology/2022/oct/30/tiktok-mental-health-social-media

All social media is not bad.

But some platforms are worse than others.

Some earlier posts:

Social media use can lead to low quality sleep and harm mental health — Health Secrets of a SuperAger

More Social Media Use Linked to More Depression and Anxiety in Teens

Quit Social Media – Dr. Cal Newport

I Thought I Told You To Put That Phone Down!

Twitter and Facebook ‘harming children’s development’ – Telegraph

News Addiction

The results revealed that 16.5% of people surveyed showed signs of ‘severely problematic’ news consumption. Such individuals frequently became so immersed and personally invested in news stories that the stories dominated the individual’s waking thoughts, disrupted time with family and friends, made it difficult to focus on school or work, and contributed to restlessness and an inability to sleep.

73.6% of those recognized to have severe levels of problematic news consumption reported experiencing mental ill-being “quite a bit” or “very much” — whilst frequent symptoms were only reported by 8% of all other study participants.

61% of those with severe levels of problematic news reported experiencing physical ill-being “quite a bit” or “very much” compared to only 6.1% for all other study participants.

Taylor & Francis Group. “News addiction linked to not only poor mental wellbeing but physical health too, new study shows.” ScienceDaily. http://www.sciencedaily.com/releases/2022/08/220824102936.htm (accessed October 5, 2022).

Management Alert – Do Not Ignore This Survey

A mere 6% want to work entirely on-site going forward. Doesn’t it seem that traditional management and workplace practices are broken if more than 90% of 70 million employees say they don’t want to come back to the office full time?

Returning to the Office: The Current, Preferred and Future State of Remote Work — https://www.gallup.com/workplace/397751/returning-office-current-preferred-future-state-remote-work.aspx

I work in a profession that is perfectly suited for WFH. I’ve worked from home since 2006. Aside from losing most of my social skills…

Social media use can lead to low quality sleep and harm mental health — Health Secrets of a SuperAger

Many people in today’s world live with their smartphones as virtual companions. These devices use electronic social media networks that alert users to updates on friends, favorite celebrities, and global events. Social media has become firmly integrated into a lot of people’s daily lives. According to the Pew Research Center, 72% of people in the […]

Social media use can lead to low quality sleep and harm mental health — Health Secrets of a SuperAger

Thank you Tony.

Got Kids? READ THIS

Beyond just online platforms, the new survey finds that the vast majority of teens have access to digital devices, such as smartphones (95%), desktop or laptop computers (90%) and gaming consoles (80%). And the study shows there has been an uptick in daily teen internet users, from 92% in 2014-15 to 97% today. In addition, the share of teens who say they are online almost constantly has roughly doubled since 2014-15 (46% now and 24% then).These are some of the findings from an online survey of 1,316 teens conducted by the Pew Research Center from April 14 to May 4, 2022

Teens, Social Media and Technology 2022 — https://www.pewresearch.org/internet/2022/08/10/teens-social-media-and-technology-2022/

Remember my earlier post I Thought I Told You To Put That Phone Down! This earlier post has additional links to other posts on the topic of social media addiction.

Technology addictions, also commonly known as digital addictions or internet addictions, are often overlooked due to the acceptance that society has placed on using digital devices. Technology addictions often go unnoticed by loved ones because the addicted individual may appear as though they are tending to something important such as work-related tasks on their digital device, when in reality hiding behind the screen is something extraneous. When a technological problem does develop and is noticed it is often not viewed as being an imminent risk akin to an addiction to alcohol or drugs because not only is it more acceptable, but it is also not viewed as being acute or deadly. Despite these beliefs, pathological technology use can indeed be pervasive and detrimental to one’s health and well being. In a growing digital age there is a rapid expansion of digital use and subsequent potential for problematic pathological technology use to ensue.

https://www.familyaddictionspecialist.com/blog/the-6-most-common-types-of-technology-addiction

The link provided above is neither an endorsement or evidence of a previous or existing patient-therapist relationship.

Although I will admit to a quasi-addiction to You Tube for new music.

Going Green is Not Cheap – Updated 07.04.22

Polestar sells two models: The $155,000 Polestar 1 hybrid and the $48,400 Polestar 2, a fully electric sedan. And it has grand plans to launch three more vehicles and boost annual sales tenfold by 2025. The company plans to list on the Nasdaq on Friday under the ticker PSNY. 

Electric-car startup Polestar bets you’d rather buy a car from your couch than go to a dealership — https://www.businessinsider.com/polestar-electric-ggpi-stock-tesla-ev-car-buying-2022-6

I hope your battery lasts a long time too.

You pay at least 30-40 percent more up front, for the electric car, itself. And then you pay a sum equivalent to 20-30 percent of its original sales price when it was new, when its battery pack gets old, for a new one. The total increase in cost is at least 50 percent more than the cost of owning a non-electronic car over the same 10-12 year period. And that doesn’t factor in the savings that can be had by continuing to own (and drive) the non-electric car for another 5 or even ten years longer, which is realistically feasible for non-electric cars because they last much longer than electric cars.

The High Cost of Electronic Cars — https://www.ericpetersautos.com/2022/06/20/the-high-cost-of-electronic-cars/

But if your battery does need replacing and you can’t afford it…

Not cheap and not getting any cheaper.

Update 06.23.22

Interest in electric cars has increased as a result of high gas prices, but the rising cost of electric options is putting the vehicles more out of reach for many ordinary consumers….The average cost of raw materials — including the cobalt, nickel, and lithium needed to make EV batteries — is now around $8,255 per vehicle, the research said.

Electric vehicles are getting more expensive because raw material costs have more than doubled to $8,000 — https://www.businessinsider.com/cost-of-making-electric-cars-is-growing-manufacturers-hike-prices-2022-6

Update 07.04.22

If EVs don’t get cheaper, “the market will collapse,” Deboeuf said at the company’s Tremery factory in France. “It’s a big challenge.”

Stellantis: Car market could collapse if EVs don’t get cheaper — https://europe.autonews.com/automakers/stellantis-car-market-could-collapse-if-evs-dont-get-cheaper

The energy and raw material inputs are staggering – and for that reason, so is the cost. How will the cost go down when the materials themselves are expensive, especially in quantity? How will the cost of energy go down, when there is more demand for it – and less generating capacity?

The Canary Just Chirped — https://www.ericpetersautos.com/2022/07/02/the-canary-just-chirped/