There’s a pretty great penguin colony site seeing area in Cape Town called Boulders Beach for those of you that happen to visit and are keen to see them up close.
Indeed it is forced savings but with the benefit of covering your funeral expenditure if it is required suddenly and unexpectedly.
For context, it might cost you $5 per month, and give you funeral cover of $500.
As OP mentioned it is very common in South Africa, likely owed to the unpredictable life expectancy. All the large insurers offer it, it’s a massive market.
> And at a moment when the climate demands immediate action to reduce our footprint on this planet, the AI boom is driving data centers to consume a full 1.5% of the world’s total energy production in order to eliminate the jobs of the poor and replace them with a robot that lies.
For an environmentmaxxer, eliminating upper-middle class jobs is extremely effective, as this group consumes the lion's share of resources and bears the greatest impact on carbon emissions. Remember that the majority of industry is upstream of consumption.
Not endorsing this world view, just noting that the wealthiest 1% of people in the world (encompasses most US citizens) have an enormously outsized impact on climate.
The "upper middle class" is not strictly defined, but they are pretty clearly the folks below the wealthiest 1%. You can't be in the middle without something on either side.
They certain consume far more than the poor, on account of having resources, but they also consume far less than the wealthiest 1%.
You are almost certainly in the global 1% of the wealthy [1]. Compared to developing nations' residents, we have an order of magnitude greater impact on the environment.
>Remember that the majority of industry is upstream of consumption.
People forget this. Oil companies may have dug up the oil, but they did so because we paid them to, so we could use the energy for good and useful things.
Climate change isn't 'evil billionaire companies are ruining the world', it's 'these things we did to improve our lives turn out to have side effects'.
This is backwards. If it weren't for 'eliminating jobs' we'd both be peasant farmers right now. Automation has improved the standard of living and raised wages for everyone, rich and poor alike.
As an aside, I absolutely love the minimal elegance of that web page.
reply