Redditer: The Curse of Meritocracy

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The Curse of Meritocracy​

News

These are summaries I've done with the help of AI, first of DPM Gan's speech at the Leaders Dialogue, and then his conversation with his audience through DBS CEO Tan Su Shan:

• https://open.substack.com/pub/investtechlongevitybooksummaries/p/summary-and-analysis-trust-and-ai
• https://open.substack.com/pub/investtechlongevitybooksummaries/p/summary-and-analysis-gan-kim-yong

I've been a victim of meritocratic ideals in my country for way too long because I was likely considered too stupid even though I have a degree. Now, with generative and agentic AI, I see my own country as being a victim of its own meritocratic hubris. Is there a solution or cure for my country's woes? I can only share from experience that as a more stupid Singaporean, I developed mental illness and eventually attempted suicide, and had to be resuscitated mentally, physically and socially.

And what's the outcome after more than 20 years of struggle? Although I have a clearer mind and am much more humbled now, my unemployment and underemployment persists due to my physical and mental disability, and I'm living thankfully through the grace of relatives and friends who gifted money to me. What does this mean for a global financial centre built on trust and supported by agility, coordination and the so called lifelong learning? It means that we'll have to go through our dark days where AI means everything, and yet it means nothing to us.

I cannot prescribe a path for my country because currently, I have already been deemed too inadequate for almost all jobs in this country. I can only say that we'll have to find our own way in life. Or die trying. Hence, I write, and build apps and websites. If you are keen in investing, you may want AI summaries of annual reports and AGM meetings done as a first cut analysis, or you may want to download the latest stocks price, volume and company announcements to see their trends. You can do them all here cost effectively at my website:

• https://sgstocksbrief.com/

I see investments as a solution for most people. The only difference is the amount each makes from their investments and at what time. If you are new to investing, just start with small sums for a start going through low cost e-brokers. You will learn a lot from those investments. And your learning will be lifelong.