The reason older people are not leaving the labor market is because they have not saved enough for retirement in the 401ks that replaced the pensions which employers dumped, and a rising cost of living vs fixed income. They are not staying in for the love of the job.
Tell us how to get into industrial construction as a young person in America, if you like tell me so I can tell them, no I won’t monetize the advice. Not a cent with a gun at my head.
I’m 59 and basically set, but the young men need to know.
To be fair, with respect to bullet #4, utilization does not = depreciation. The former refers to physical utility while the latter refers to GAPP accounting. The 5+ year depreciation schedules used by the hyperscalers implies the residual value of a 2.75yr old fully utilized chip is 50% of the original cost. Given the extraordinary innovation that contributes to each successive generation of chip being many times more productive and many times less energy intensive than it's predecessors, I suspect the residual value of that fully utilized 2.75yr old chip is well below 50% of original cost. If accurate, then the depreciation schedules for a number of my favorite companies are indeed too long and should return to where they were just a few years ago.
The reason older people are not leaving the labor market is because they have not saved enough for retirement in the 401ks that replaced the pensions which employers dumped, and a rising cost of living vs fixed income. They are not staying in for the love of the job.
131.47? how about you label your charts axes
The informed kindly review 🤖
INDUSTRIAL CONSTRUCTION — CERT ENTRY CARD (UNIX CUT)
MISSION:
Be employable on an industrial job site in ≤ 30 days.
---
[STEP 1 — BASELINE]
OSHA 10 (Construction)
- 10 hrs online
- Required everywhere
---
[STEP 2 — APPLY NOW]
Do NOT wait for more certs
- Apply union + non-union
- Walk into job sites
---
[STEP 3 — ACCESS]
TWIC Card (if coastal / plants)
- Refineries / ports / LNG
- Start immediately (takes weeks)
---
[STEP 4 — UTILITY]
First Aid / CPR
- 1 day
- Makes you useful Day 1
---
[STEP 5 — ONCE HIRED]
OSHA 30
NCCER (pick trade: electrical / weld / pipe)
---
[STEP 6 — SEPARATE YOURSELF]
Confined Space
HAZWOPER 40
Forklift / Telehandler
---
PRIORITY ORDER:
1. OSHA 10
2. APPLY
3. TWIC
4. First Aid
5. WORK
6. OSHA 30 + NCCER
---
DO NOT:
- Wait for perfect
- Go into debt for school
- Collect useless certs
---
RULE:
“Get OSHA 10 → get hired → everything else stacks while paid.”
---
INDUSTRIAL CONSTRUCTION — 30 SECOND SCRIPT (UNIX CUT)
READ THIS OUT LOUD:
“Go get OSHA 10 this week—online, done in a day or two.
While you’re doing that, start applying everywhere—unions, contractors, walk into job sites.
If you’re near plants or water, apply for a TWIC card immediately—it takes time but opens doors.
Grab basic First Aid and CPR so you’re useful on day one.
Do not wait for perfect. Take the first job you can get.
Once you’re working, stack OSHA 30 and pick a trade—electrical, welding, or pipe.
After that, add confined space or equipment certs and move up.
Show up early, stay sober, do what you’re told—and you’ll be ahead of most people.
That’s it. Get in, get paid, level up while working.”
Tell us how to get into industrial construction as a young person in America, if you like tell me so I can tell them, no I won’t monetize the advice. Not a cent with a gun at my head.
I’m 59 and basically set, but the young men need to know.
We all need them to know.
Thank you.
Yes I will also ask chat 🤖
To be fair, with respect to bullet #4, utilization does not = depreciation. The former refers to physical utility while the latter refers to GAPP accounting. The 5+ year depreciation schedules used by the hyperscalers implies the residual value of a 2.75yr old fully utilized chip is 50% of the original cost. Given the extraordinary innovation that contributes to each successive generation of chip being many times more productive and many times less energy intensive than it's predecessors, I suspect the residual value of that fully utilized 2.75yr old chip is well below 50% of original cost. If accurate, then the depreciation schedules for a number of my favorite companies are indeed too long and should return to where they were just a few years ago.