Garri Citrons
Stories (3)
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The Hidden Econometrics of Online Slots. How Casinos Always Win
Gambling has been around for millennials in one form or another. Although often frowned upon, it may be a key component of our society. Early methods of gambling date back thousands of years and often involved simple tools, objects of chance, and rituals. The oldest known gambling tools are six-sided dice found in ancient Mesopotamia, which were known to have been played over 5000 years ago. A casino is a facility for gambling. Casinos go way back to Venice in 1638, where the first casino opened. It was more than just a place to gamble; early casinos also hosted live entertainment, such as stand-up comedy, concerts, and sports.
By Garri Citrons9 months ago in Trader
Housing affordability in the Baltic Countries
Housing affordability in the Baltics The Baltic countries include Latvia, Lithuania, and Estonia, all located on the east of the Baltic Sea. Throughout history, the Baltic states battled many wars and saw themselves integrate into the USSR in August of 1940 where they remained until the fall of the USSR in 1990. After the collapse, the Baltic states went through mass privatization of housing in the 1990s. Many residents inherited their apartments at very low cost or for free.
By Garri Citrons9 months ago in Trader
How will AI affect the kind of jobs that young people today are preparing for?
The fear of certain jobs being susceptible to automation seems to be growing amongst young people today. Although this fear could have lingered way back in time, these concerns properly began in the 1970’s where many individuals feared that automation could replace factory workers. After the Second World War, industries in the USA, Europe, and Japan began adopting automated machinery to improve efficiency. What seemed to come out of nowhere, machines began doing tasks that previously required manual labor, such as machining and packaging. Many citizens began to notice how fewer workers were needed in the production line, which led to a fear of mass layoffs among individuals who worked in manual labour. Many wondered how sustainable their job was and acknowledged the preference in businesses choosing robots and machines that rarely made mistakes over humans. I encourage you to put yourself in the shoes of a labour worker back then, where out of nowhere, machines were replacing jobs of people you knew, making you fear for the safety of yours. By the late 1970s, computers were becoming more mainstream, which led to people who worked in accounting and bookkeeping fearing for the safety of their positions.
By Garri Citrons9 months ago in Trader
