Warren Buffet and Michael Bloomberg have advice for giving Generation Z better jobs: prioritize “good vibes”

Starting your professional career is not easy. Bringing it to fruition, even less so. The job market has changed drastically since Warren Buffet and Michael Bloomberg made their first steps (they are 95 and 83 years old), but of course their professional trajectories, decisions and holding the unofficial title of best investor in history It gives them enough authority to give advice. Because they also give them very good ones: Buffet has already spoken before about the importance of knowing how to say noas prioritize your professional goals either know how to focus. Well, Warren Buffet and Michael Bloomberg give a recommendation for Gen Z that is entering the labor market: pay attention to the environment. The beginnings of Bloomberg. As the tycoon said on the podcast In Good Company by Norges Bank Investment Management, after finishing university in the 60s, Michael Bloomberg barely earned $11,500 a year (not bad, considering the time and that today would be equivalent to $114,000). But Bloomberg, with a pretty good CV considering he had an MBA from Harvard under his belt, had the option of earning more. More money is not always better. Another company offered him $14,000, but he opted to stay at the Wall Street investment bank Salomon Brothers for the people. In fact, initially the bank had offered him $9,000 and a loan of $2,500, which he knew how to take advantage of by laying the foundations for his empire. He gave up that higher offer and it worked out fine. “Don’t feel sorry for me, but I will never forget that people make the mistake of going to work where they get paid the most,” he concluded in the aforementioned podcast. For Bloomberg, at the beginning of your career the essential thing is: “You have to gain experience, you have to build friendships, you have to try things and see what works and what doesn’t.” There are certain jobs you shouldn’t take. Warren Buffet also shared this same mentality of prioritizing people over pay. At its last shareholders meeting at Berkshire Hathaway was blunt: “Don’t worry too much about starting salaries and be very careful who you work with, because you will end up adopting the habits of the people around you” because “There are certain jobs you shouldn’t take.” And it’s not the first time he’s said it. In fact, more than 20 years ago at another shareholder meeting of the same company, a 14-year-old boy (who was already a shareholder) asked the question “What advice would you give to a young person like me to be successful?” His answer: surround yourself with people better than you. “Choose collaborators whose behavior is better than yours, and you will end up moving in that direction.” GenZ doesn’t have it easy. It must be recognized that the advice is good, but also that the youngest people face runaway inflation, an unstable and weak labor market threatened by AI and a pressing difficulty accessing housingso they need a good salary like never before. In any case, something has not changed from the generation of Buffet and Bloomberg to the genzetters: the fear of the unknown and uncertainty. In Xataka | “I never wanted to create a dynasty”: after announcing his retirement, Warren Buffet is clear about what to do with his immense inheritance In Xataka | Bill Gates and Warren Buffett have the same answer when someone asks them “the secret to success”: focus Cover | Bloomberg Philanthropies and Fortune Live Media (Flickr) USA International Trade Administration – YouTube

An era of a lot of free time is coming, because we will no longer have jobs

Imagine a future where humans no longer have to work because AI does everything for us. It is an idea that has been in the mouths of figures of the stature of Bill Gates and Elon Musk, who believes that “working will be optional”. Now it adds Geoffrey Hinton, Nobel Prize in Physics in 2024and his approach is quite pessimistic. An idyllic future. Depending on who says it and how they say it, the future sounds like a utopia where humans dedicate themselves to living life in a kind of permanent retirement. This is what is distilled from speeches like that of Elon Musk, who is committed to a universal basic income so that only those who want to work can work. Jensen Huang, CEO of NVIDIA, and Bill Gates are not so forceful in saying that AI will completely free us from work, but they do believe that it will be the definitive boost to the four-day workweek in even three days. Or not so much… Geoffrey Hinton has joined the debate and, as we are accustomed tohis position is much more pessimistic. During a debate with Bernie Sanders at Georgetown UniversityHinton talked about the impact that AI will have on the labor market and his prediction is that AI will make human work obsolete, causing mass unemployment with unprecedented economic and social impact. A different threat. Technology has destroyed many jobs, but for Hinton this technological revolution is different from others because “People who lose their jobs will have no other jobs to go to. If AI becomes as intelligent as people, or more so, any job they can do can be done by AI.” He believes that it will mainly affect office positions, calls “white collar” professionssuch as analysts, customer service positions or junior programmers. Side effect. During the talk, Sanders and Hinton criticized the path that large companies are taking with billion-dollar investments in data centers for AI. “If you’re wondering where these guys are going to get the billions of dollars they’re investing in data centers and chips… one of the main sources of money will be selling AI that will do the work of employees for much less money,” Hinton said. However, he pointed out that this will have a collateral effect: “If the workers do not get paid, there will be no one who will buy your products…they haven’t really thought about the enormous social disruption we will have if there is very high unemployment.” The promise of AGI. For these predictions to be fulfilled, both the most optimistic and the most pessimistic, an AGI is needed (a general artificial intelligence that is as capable as a human being). AI companies have been around for a long time making us believe that the AGI is about to fallbut the promise of imminence seems more related to a need to finance the insane investment than to reality. The most sensible voices, such as Andrej Karpathy, suggest that the AGI will take at least another decade to arrive. Hinton admitted that AI still fails at basic tasksbut warns that we are still in the early stage and “it is improving exponentially.” Although in this case he did not give a date, according to previous statementssees it “quite likely that at some point in the next 20 years AIs will become smarter than us.” The impact of AI on employment. That AI takes our jobs has become one of the great fears of society. At the moment the studies that are being carried out point in different directions, from those that say that It’s barely impactingto those who say that it mainly affects the recent graduates entering the job market. According to the World Economic Forum report92 million jobs are expected to be destroyed by 2030, many of them due to automation facilitated by AI. However, it also foresees the creation of 170 million new jobs, also associated with the arrival of AI. Images | Wikipedia In Xataka | AI and its impact on the labor market: how the perception of its arrival varies by country, explained in a graph

There is an industry losing 42,000 jobs and bleeding before us: Hollywood

The entertainment industry in Los Angeles is going through its worst crisis in decadeswith a dizzying drop in the number of productions and jobs, which has caused a feeling of “economic disaster” in the creative heart of California. It seems like a well-known story that we recover cyclically every few years, but this time some abysmal figures, never seen before, accompany: the media have detected how companies are entering a real emergency situation. Are we contemplating Hollywood’s last great crisis? Two years of chaos. According to The Wall Street Journalthe crisis that Hollywood is going through not only affects the large studios and production companies, but also has an impact on thousands of indirect jobs and the commercial fabric of the city: restaurants, technical services, prop stores and housing have seen how the activity linked to film and television is drastically reduced. In the last two years, more than 40,000 jobs have been lost in the sector, leaving animators, technicians, scriptwriters, operators and small businesses in a precarious situation, and raising the local unemployment rate above the state and national average.​ Some data. These 40,000 direct jobs disappeared represent a drop of more than 20% of the sector’s total. With this, the unemployment rate in Los Angeles County for industry professionals has reached 5.7%, exceeding not only the state average of California (5.5%) but also the national average of the United States, around 4.3%. All this has led to a drop in local production to historical record numberswith a decrease of at least 30% in film and television projects recorded in Los Angeles, continuously since 2023.​ And how is that reflected for practical purposes? In it production exodus: The number of Hollywood projects filming outside of California, primarily in states with more competitive tax incentives such as Georgia and New Mexico, has risen 25%.​ The signal from the sets. The occupation of the Hollywood sets It is perhaps the clearest sign of how the area’s economy has fallen. In 2024, the average occupancy of sets in Los Angeles fell to a historic 63%, a significant decrease from the average of more than 90% that remained constant between 2016 and 2022. And there is another fact: only 20% of the activity on sets was destined for television, down from 30% in previous years. The cause, as we will see below, is the reduction in expenses that the platforms of streamingimmersed in extreme savings policies.​ But why does it happen? First of all, prolonged strikes of scriptwriters and actors since 2023, which paralyzed a good part of local production, generating million-dollar losses and discouraging new investments from being generated. Added to this is the considerable increase in the cost of living and production in Los Angeles, which has led many studios and production companies to seek alternative destinations with tax incentives and more attractive subsidies, such as those mentioned above, Canada or other emerging markets.​ Another significant cause is the transformation of the entertainment economic modelparticularly with the proliferation of platforms streaming. These platforms, faced with market saturation and pressure to maintain profitability, have reduced their budgets and the number of projectstaking away part of the total production volume in Los Angeles. The combination of lower demand and budgetary adjustments has pushed the industry into a prolonged contraction.​ And finally, there is the emergence of artificial intelligencewith its challenge to traditional labor, especially in fields such as animation, visual effects and post-production. And now what. To begin with, an immediate effect: The position of the United States as a global leader in audiovisual production is in danger. Not only are a significant number of productions moving to other regions and even countries, attracted by better fiscal conditions, lower costs and cheaper technical equipment. It is that thanks to the globalization of entertainment that has brought streamingticket offices like those in Korea or China They are no longer secondary. This week’s highest-grossing film worldwide it has been an anime. The animation phenomenon of the year has been a k-pop idol movie. The throne is more disputed than ever. Header | Braden Egli in Unsplash In Xataka | While Hollywood goes through a slump, one film industry is constantly filling theaters: the Chinese one

“Growth without jobs is the new normal”

Generation Z has had a incorporation into the labor market really bumpy. Their last years of training and internships were marked by the isolation caused by the pandemic and, when it already seemed that they were going to be able to return to their first jobs normally, the adoption of AI has put them on the tightrope again. According to a new report from Goldman Sachs has had access FortuneGeneration Z is at a strange crossroads of economic prosperity for companies and unemployment for them. USA: the canary in the mine. The American labor market is experiencing a profound change which especially affects young people of generation Z, who are looking for their first job in an increasingly complicated environment. It is no coincidence that the first symptoms of impact of AI in the workplace arise in the US since it is the country with greater implementation of AI with 1.2 million companies that are already using AI in some of their processes. Its effects are the canary in the mine for the rest of the economies. In this context, US companies are already They don’t offer as many opportunities. jobs for newly graduated employees as before, and analysts warn that this “jobless growth” scenario will be the new normal for years to come. Soaring economy, stagnant jobs. At this moment, the Stanford research show that generation Z has 13% more difficulty accessing certain jobs, even when the economy continues to grow in terms of Gross Domestic Product (GDP). Goldman Sachs experts David Mericle and Pierfrancesco Mei emphasize that this economic growth reflected by GDP does not translate into more jobs, especially for young people who start their professional career who are seeing how AI has taken on tasks that until now were part of your job learning process. That is, companies earn more, with less staff. The perfect storm for generation Z. According to report data ‘2025-2026 Hiring Benchmark Report‘ prepared by Criteria, human resources managers agree that 92% of young people from generation Z are not prepared for the current demands of the labor market. Although these young people are skilled in using technology and digital tools, companies demand highly qualified and experienced professionals. Something they have not yet had the time (or opportunity) to acquire. On the other hand, automation and mass adoption of artificial intelligence are causing “the modest employment growth along with the strong GDP growth observed recently is likely to normalize to some extent in the coming years.” This diagnosis implies that the majority of new jobs that emerge will be closely linked to high-level technological profiles, while opportunities for young people without experience continue to decline. Productivity and employment have let go of each other’s hands. According to the authors of the Goldman Sachs study, the economic boost to the US GDP is supported above all by the productivity that artificial intelligence is already beginning to provide. However, the new job creation data They are not on the same ascending line. The information They show that in almost all sectors (less in health), job creation is “weak, null or negative”, with managers opting to automate tasks and reduce labor costs permanently. Generation Z in a delicate situation. The conclusion of the Goldman Sachs analysts is clear: “History also suggests that the full consequences of AI for the labor market may not be evident until a recession hits,” at which point the generation Z would be the most vulnerable to any financial shock. Given that, although it is true that the data confirms that there are not large rounds of layoffs (at least not as many like in 2023), No new vacancies are opening either.. The result is a static labor market, especially for those seeking their first job. Youth employment on the rise. Youth employment is already accustomed to be a problem for most economies in the world. The US AI’s canary-in-the-mine figures show that the youth unemployment rate is increasing, especially in the technology sector. Veteran Goldman Sachs analyst Joseph Briggs stressed on the podcast Exchangesthat more than 3% of young people between 20 and 30 years old have lost their jobs in technology since the beginning of the year, and the big layoffs made by companies such as Microsoft, Google and Meta directly affect this generational group. Are replaced by other engineers with more experience. In Xataka | Amazon’s CEO has put his cards on the table: “We expect AI to reduce our total workforce in the coming years” Image | Unsplash (Vitaly Gariev)

Ode to rounded corners, the visual element that has proven Steve Jobs right once again

Let’s pay a small tribute to a visual element that we almost never pay attention to, but that is already an integral part of our lives. Let’s talk about rounded corners. They are everywhere and have taken over technology. We love them. We are full of devices and interfaces dominated by rectangles and squares with rounded corners. They are more elegant, softer to look at, much less aggressive and strident. But there is a true psychology behind that way of designing objects and interfaces. For example: since we were little we always knew that sharp corners were dangerous – today corner protectors for children are a big deal. These elements facilitate visual perception, and their introduction into the technological world deserves to be remembered. Steve Jobs was right (again) Andy Hertzfeld was one of the team members who developed the Apple Macintosh. In May 1981 he shared a curious story, now recovered by the Computer History Museum. Lisa OS 1.0. Look at the edges of the calculator app. They are rounded! The protagonist of that story is Bill Atkinson, legendary Apple engineer and Hertzfeld’s partner on that project. At that time Atkinson was working on the development of his QuickDraw application – then called LisaGraf – and although he usually worked from home, if he made any significant progress he would quickly go to the office to show off the improvement. That’s what happened that spring. Atkinson approached Apple’s offices in mythical “Texaco Towers” Cupertino campus and showed how he had added code to be able to draw circles and ovals very easily. Programming that was much more complicated than it seems because square roots were usually involved to achieve it and the Motorola 68000 of the Lisa and the Macintosh did not support floating point operations. Atkinson managed to solve it with calculations that only used addition and subtraction—he was probably inspired by the Bresenham algorithm—and began to fill the screen with circles and ovals while his companions probably smiled in astonishment and satisfaction. But there was someone who was neither too amazed nor too pleased. That someone was Steve Jobs. Upon seeing the demonstration, Jobs said —Okay, circles and ovals are fine, but How about drawing rectangles with rounded corners? Can we do that too? —No, there is no way to do it. “It would actually be really difficult to do, and I don’t really think we need it,” Atkinson replied, probably annoyed that Jobs hadn’t been too impressed with his method for creating circles and ovals. —Rectangles with corners are everywhere! Look around this room! Hello, Mac OS X with rounded corners (2001). Sure enough, the room had objects like whiteboards and tables with rounded corners, and Jobs insisted that they were everywhere and that he only had to look out the window to notice. He ended up convincing Atkinson to take him around the block and point out all the rectangles with rounded corners they saw. After seeing a no parking sign that was rectangular with rounded edges, he said: —Okay, I give up. I’ll see if it’s as difficult as I thought. And he went home to work on the problem. The next afternoon he returned to the office with a huge smile: his new demo I didn’t just draw rectangles with rounded cornersbut it did it almost as fast as it did drawing rectangles with corners. He added that code and called that primitive “RoundRects”. In our pockets we usually carry a device that makes good use of these rectangles with rounded corners. The iPhone, of course, does it. That design element soon became an integral and indispensable part of the Macintosh operating system interface. And it also ended up being part of the hardware (hello, mobile phones with rounded corners) and software design at both Apple and many other technology companies. Source: Freepik. The Cupertino firm also fully integrated it into its iPhones starting in 2013, when iOS 7 and its “squircle” arrivedan even more subtle type of rectangle with rounded corners that he ended up using, for example, in his icons. It was one more example of the particular relevance of a design element that has ended up completely taking over our screens and the technological world. Long live the rounded corners. In Xataka | Many young people already see and hear everything at 1.5x. They didn’t get there by chance: there was a lot of money at stake

create 3,000 jobs to modernize the army

International pressure for Spain invest more in defense had never been so remarkable. NATO has made it clear that member countries must achieve spending goals much more ambitious, and the Spanish Government has responded with concrete measures and heavy investments. Just as the war in Ukraine and other tensions have led Europe to beef up its security, key opportunities are emerging for domestic industry, and a wave of hiring is coming. Rain of millions for Indra. The latest agreement between the allies sets as a goal dedicate 5% of GDP to defense in 2035, although Spain already meets the previous minimum objective of 2% in 2025. Compared to 2024, the country has increased military spending by 43.11%, raising the budget from 22,693 million to 33,123 million euros, according to official data from the Atlantic Alliance published by The World. In a new step towards this investment objective, the Government announced this week the granting of 6,890 million euros in credits for companies involved in the development of new technologies and equipment for Defense. Among all these companies there is a great beneficiary: Indrawhich will attract 6,582 million euros in investment. Investing does not mean buying. The Government has insisted on its approach of using this increase in defense spending not simply to modernize the Armed Forces with better equipment, but its commitment is to turn Spain into a producer of new technology. that can be sold to other countries. In this context of investments in Defense, Indra just announced through a statement that will generate 3,000 direct jobs related to the development of technologies and tools for military modernization. This represents a relevant opportunity for young people who are thinking about directing their training towards technology or engineering in areas of application in military defense and cybersecurity. A commitment to technological employment. Indra, one of the defense contractors most benefited for rearmament in Spain and Europe. Ángel Escribano, executive president of Indra Group, has confirmed that “we will generate wealth throughout the national territory through high added value jobs, an industry that is as self-sufficient as possible and completely national advanced technology”, making clear its commitment to young technological talent in Spain. According to sources of Indra, currently its supplier network is already made up of an ecosystem of companies in which more than 65% of its national supply network is made up of SMEs, startups and technological or research centers based in Spain. Around 77% of Indra’s subcontracting already benefits the national industry, and the company estimates that the current value chain, made up of approximately 1,000 employees, will add another 200 partners and suppliers in the coming years. There are already 2,400 open vacancies. Indra’s intention to expand its workforce with new additions of engineers and technical personnel was seen even before the Government made official the granting of the credits approved by the Council of Ministers, and already before the summer opened the vacancies to attract 2,400 new qualified professionals. With an eye on FP. To make talent attraction more efficient, Indra has signed agreements with 346 vocational training centers and plans to incorporate 75% of the interns into its workforce this year in 2025. A third of Indra’s staff in Spain are graduates in some vocational training branch. Escribano has pointed out that “we are convinced that Vocational Training not only trains thousands of young people each year, but is a lever of transformation for our society. A country that wants to develop a solid industrial capacity and real technological autonomy must decisively bet on vocational training, as Spain does.” In Xataka | Italy has activated “rearmament” in Europe: the longest suspension bridge in the world will connect Sicily for the passage of tanks Image | Indra, Unsplash (ThisisEngineering)

“The best jobs will not be those who studied at the best universities”

Until relatively recently, having a university degree guaranteed a well -paid job. In fact, This is so In the vast majority of professional areas except if you want to dedicate yourself to ia. According to the statements of Ryan Roslansky, CEO of LinkedIn and Executive Vice President of Microsoft Office and Copilot collected by Business Insider: “(…) The future of work will no longer be one of those who have the most prestigious titles or studied in the best universities, but to those who are adaptable, avant -garde, are willing to learn already adopt these tools.” The “ai fluency” sweeps the titles. Traditional perception of university degrees to achieve quality job It is changing by leaps and bounds. Ryan Roslansky, CEO of LinkedIn, has made it clear that the future of the most attractive jobs will not be reserved only for those who study at the best universities. The person in charge of LinkedIn and Copilot recalls that the essential thing today is “the disposition of professionals to constantly update and adopt new technological tools”, since the ability of adaptation and continuous learning It will be prioritized above the degrees, adding points to the “Ai fluency“That more and more professional profiles claim, in reference to the literacy in the use of AI tools in the workflow. A mantra in the technological sector. Roslansky is not alone in his speech. Beside him, relevant figures in the development of AI such as Sam Altman, Mark Chen or Jensen Huang, have also manifested themselves in very similar terms. “You will not lose your work at the hands of an AI, but you will lose your work at the hands of someone who uses artificial intelligence,” He sentenced Huang at a conference. Openai managers have also pointed out in that regard by stating that “it is less and less necessary to have a doctorate in AI”, contextualizing a growing demand for skills such as critical thinking for make the right questions in land where AI has not yet developed, but has a margin of expansion. In this sense, the university studies They do not guarantee that ability. Hence the insistence of the managers of these companies to reduce university degrees and value other skills. Degree is not the same as knowledge. AI is having such a big and so fast expansion that Formative centers do not supply to train as many professionals as the sector demands. Therefore, companies do not always link the decision to hire new candidates for their Academic training in AIbut in skills and practical knowledge of AI tools to improve your performance in the position. According to the published data By LinkedIn, job offers that require knowledge in artificial intelligence grew around 70% in the last year. The upper titles keep counting, but they are not the only way. While technology has opened a gap in the importance of titles for specific profiles, higher education and professional training (which is also higher education) remain paths with excellent perspectives. In Spain, 46.96% of the new job offers during the last year They requested FP profilescompared to 21.4% who requested university students. In fact, most of the new hiring in technical sectors in 2025 will be for FP titledand in technical careers, most companies already recognize that the professional path goes to know how to adapt and update, regardless of the educational route. In Xataka | Talent scarcity has chronified to an extreme point: 75% of companies do not find what they are looking for Image | Unspash (Zheyu Huang, Arif Riyanto)

What Steve Jobs thought about intelligence

A good way to help us work our path to success is to find inspiring figures. People from different areas that reached significant goals and who had often overcome multiple adversities. Fortunately, we live in a connected world where many speeches or experiences of those who can be our referents are at hand. The speech. We must not necessarily match everything. Sometimes it is enough to find certain anecdotes or advice that can be adequate for certain moments of our life. It is no secret that Steve Jobs has inspired thousands of people, and continues to do so. A speech provided In 1982 by Apple’s co -founder at the Academy of Achievement It has a part that has not gone unnoticed. Much is talk about intelligence. Some believe that this capacity is key to achieving great achievements in life, and that it is directly related to intellectual coefficient (CI). Others believe intelligence It has nothing to do with the ICeven some claim that it is a secondary capacity to achieve achievements, and that it is of no use if there are no defined goals, action plans and, above all, discipline. But what did Jobs think? As Ign points outthe businessman had a fairly peculiar vision of what it was to be intelligent. For him, he was mainly on people’s ability not to see things individually, but to understand them as a whole. To do this, it was essential to take distance and contemplate a problem or a situation as if they were looking from the top of a building. Let’s see exactly what Jobs said: “I have reflected a little about this, and one of the things that I think is important is that it has a lot to do with memory, but also with the ability to get away a little, as if you were in a city and you could see everything from the 80th floor, looking down. While others try to discover how to go from point A to point B reading those absurd maps, you can see everything in front of you.” This successful businessman continues to explain that power away allows us to see everything as a whole, and make connections that, from that perspective, seem obvious. “Therefore, brilliant people often feel guilty, because they come up with things that simply say” look this “, and other people give them silly awards and feel weird,” he said, precisely in the academy that recognizes the achievements. Other ideas. For Bill Gates, another personality of the technological world, success was to consider the worst and best scenario. Microsoft co -founder left in the background qualities such as reading or exercising memory, although We know that it has a huge library and that he dedicates much of his time to read. For Warren Buffettthe key to achieving success is high as time as time. Images | Apple In Xataka | Sam Altman’s advice to achieve success in a competitive world: build a solid network and be constant *An earlier version of this article was published in August 2024

The irrational fear of changing jobs has a name and influences your decision making: sunk cost fallacy

Often people They cling to jobs that they no longer satisfy them – or that, directly, They do not support-, but they resist leaving it moved by the fear of losing everything they have invested to get to where they are: time, effort or training. Although it may seem strange, this behavior responds to a psychological bias called sunk cost fallacy. This bias can delay decision making to leave a job and perpetuate itself in an unfavorable work situation that can even affect mental health .. What is the sunk cost fallacy? Psychologists Amos Tversky and Daniel Kahneman of the Hebrew University of Jerusalem coined for the first time In 1972 the idea of ​​cognitive bias psychologists such as Daniel KahnemanNobel Prize in 2002, were based on the work of Tversky and Kahneman To demonstrate The profound influence of this bias on business and personal decision making, being relatively easy to be trapped in that immobility situation. Richard Thaler presented for the first time The practical concept of the fallacy of the sunk cost, concluding that people have a greater tendency to use a certain good or service when they have previously invested money in them. According Research From the University of Ohio (USA), the fallacy of the sunk cost refers to the trend that people have to continue an activity or remain in a certain situation because resources have already been invested in it, although these resources are unrecoverable and the logical decision would be to abandon it. In labor decision making, falling into the fallacy of the sunk cost – or of unrecoverable cost – implies postponing indefinitely the decision to change jobs Just because we do not want to “lose” what has cost us to reach the current position. The bias in important decisions This thought error causes people to stagnate in jobs that do not motivate them and are even restricting their professional potential, even when there are evidence of other more beneficial and rational options. The bias is based on a determining psychological factor such as loss aversion. For example, the personal feeling of responsibility for the resources already invested, or the fear to seem like a “wasteful” to others, can make someone stay years in a job that no longer provides satisfaction or professional growth. In Psychological researchit has been proven that the change of work is postponed, although the alternative is clearly better. This paralysis is produced by this aversion to the psychological loss that supposes that all the effort made in the past has fallen into a broken bag. Trapped in their own trap A study carried out by the researchers at the University of Kansas with more than 1,000 participants showed that, who fall into this fallacy, have greater symptoms of anxiety and postpone the search for professional help. Recent research From the Department of Psychology and Economics of the University of California in San Diego, they reflect that “the fact that you have dedicated unrecoverable resources to a project does not mean that you have to sink with the ship,” said their authors. The scientific evidence It reveals that, to avoid making irrational decisions, it is essential to identify this cognitive bias and learn to make decisions based on objective data and future possibilities, not in what has cost you to reach the point where you are. Recognizing the fallacy of the sunk cost is the first step to overcome it In labor decisions. If this awareness does not occur, there is a risk of continuing to invest resources, even more intensely, falling into a vicious circle that will be increasingly complicated to leave. Such and as they highlight From Asana, it is important not to get carried away by immobility and make decisions based on objective data and take an external perspective, not get carried away by fears and investments of the past. In Xataka | We thought to choose among more options would make us freer. The “choice paradox” says no Image | Unspash (Marco Kaufmann)

Steve Jobs changed his Mercedes-Benz SL55 AMG of $ 120,000 every six months. And everything was due to registration

When Steve Jobs was Apple’s CEO he used to drive from Your home in Palo Alto until The company’s headquarters in Cupertino. It was a trip of about 20 minutes that made several times a week with his Mercedes-Benz SL55 AMG. This car, of approximately $ 120,000It was a whim that many technological entrepreneurs from Silicon Valley could afford without blinking. Jobs’s car, however, was special for a reason. Only. Unlike any other SL55 AMG that could be found out there, the one who handled the co -founder of the apple signature had no registration. If walking on the 1 infinite loop campus you met a silver mercedes in one of its parking spaces, that was your vehicle. Now, for a long time it was not clear how Jobs managed to move in a car that apparently contradicted California’s laws. Leasing. How our Applesfera colleagues collectApple’s leader was not doing anything illegal, but had found a way to use a car without registration over time. To get it, it simply changed Mercedes every six months. This was due to the fact that local regulations allowed new cars without identification for about 180 days. The idea was perfect, right? But there are many other interesting details. Do not buy. While Jobs had a lot of money, fortune that these days is using its widow Laurene Powell JobsI didn’t buy a new car every time I needed it. The technological environment Itwire had the opportunity To interview more than a decade ago to Jon Callas, who was CTO of Entrust and had worked on several positions in Apple. Callas said that Jobs had a leasing agreement that allowed him to renew his car for an identical one every year. Obsession. So why did all this the co -founder of Apple? Apparently, to preserve your privacy. Registing can reveal personal information about the vehicle’s owner, so Jobs wanted to avoid this. An interesting note is that, at least between 2006 and 2010, the businessman committed very few infractions. Wired counts that in that period of time he received two citations, both for speeding in Santa Clara. A peculiar guy. Jobs was a very particular visionary. In some aspects of his life he was very rudimentary. For example, he lived practically without furniture at home because none convinced him, Although he had a “secret room” in Pixar to develop his ideas. In certain areas I did not doubt that when He ordered a yach of 120 million dollars whose lines and minimalism remember an Apple product. Images | Mercedes-Benz Ag | Apple | Joe Ravi In Xataka | It is not Steve Jobs, it is Mustafa Suleyman: Microsoft’s CEO that points to the tendency to dress “Jobs style” *An earlier version of this article was published in August 2024

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