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Recessions have been around as long as there has been value in something to trade. It could even go back as far as when cavemen would trade rocks for women, yes I'm sure it happened lol. If something has a monetary value which can be traded for goods, then there will always be a recession due to the fact that nothing is unlimited. But what about working online, is it possible to his a recession even though we don't work in a single type of currency?
I know that I have clients from all over the world and the exchange rates are different depending on where I'm getting paid from. Obviously I have my set amount for each payment, but when the value of the clients currency drops, does that hurt us or not affect us at all? I've been curios to hear what people think about this because even if one economy is tanking it doesn't mean they all are, and since I work online I can just target a different country or location in order to make sales and keep my own profits up.
Over the years we've all seen our websites go up and down in the rankings but we never really think about how much someone is going to pay for a piece of software, a product or a digital service like SEO and if it's within anyones budget in their country. Obviously if I'm charging $500+ a month for an SEO service I probably won't get many sales from people in India since the conversion rates are pretty crazy. I can pay a VA (virtual assistant) in India $300 a month to work for 8 hours each business day and save a ton of money compared to paying someone in the US $15 an hour to do the same type of work. For this reason we're seeing a lot of jobs lost in the US to overseas companies because we want to outsource for cheaper labor and get the same results. I completely understand this because I have physical products and I source all my materials from overseas because I pay roughly 1/10 of what I would in the US. And let's face it, if I'm buying from a US store they're most likely getting it from overseas anyway lol.
Do you think that there will be more people staring to work online in the near future because of economies taking a plunge do to outsourcing? It's possible that in the US we will see an uptick when it comes to working online, but in turn will that hurt all of our own profits and eventually hit that scary recession button?
It's hard to determine what will happen in the future since any big event can change the entire world, so we can only speculate. I personally think that we aren't as safe as we think because everyone who works online relies on Google too damn much. We do everything we can to please the search engine beast and if Google does end up tanking, we're all screwed. This is one of the only ways I think that we will see an online recession and it's scary to think it could happen. Just remember that there was always a myspace before facebook and now myspace is a huge joke because facebook came out of nowhere and changed the online world lol.
In conclusion
I do think that there is a possibility of an online recession but I think that it will take a lot of screw ups by Google or other major companies all at the same time in order for this to happen. If it does happen, it will be out of nowhere and everything will shutdown just like how skynet took over in terminator lol
Remember to follow me 
https://www.seoclerks.com/user/Razzy
Thanks!
Razzy
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| SELECT * FROM `questions` as q JOIN categories_faq as c ON q.catid=c.CATID WHERE (q.status=1 OR (q.status=2 AND userid='') ) AND q.quesid='22301' | 1 | SELECT q.*, c.seo as CatSEO, c.name as CatName, c.parentid
FROM `questions` as q
JOIN categories_faq as c ON q.catid=c.CATID
WHERE (q.status=1 OR
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AND q.quesid='22301' | /opt/clerks-staging/docroot/viewfaq.php 496 () () |
| SELECT * FROM seoclerks.members WHERE USERID='19821' | 1 | SELECT * FROM seoclerks.members WHERE USERID='19821' | /opt/clerks-staging/docroot/include/functions/includes/member.php 445 GetAllUserDetails() () |
| SELECT * FROM categories_faq WHERE CATID='30' | 1 | SELECT CATID, seo, name, metatitle, h2header, metakeywords, metadescription, metaheader, parentid, image_name FROM categories_faq WHERE CATID='30' | /opt/clerks-staging/docroot/libraries/adodb5/adodb.inc.php 1899 CacheExecute() GetCategorySeoFromType() |
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| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=128353 LIMIT 5 | 1 | SELECT m.username FROM
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| SELECT * FROM ratings_faqanswers as r, seoclerks.members as m WHERE r.USERID=m.USERID AND r.upvote=1 AND r.PID=139881 LIMIT 5 | 1 | SELECT m.username FROM
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| SELECT * FROM questions WHERE quesid!='22301' AND status='1' AND (question like '%Does working online recession?%' OR question like '%Does%' OR question like '%working%' OR question like '%online%' OR question like '%recession?%') -- ORDER BY RAND() LIMIT 15 | 1 | SELECT quesid, question, seo, userid
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| select * from categories_wanttobuy order by name asc | 1 | select * from categories_wanttobuy order by name asc | /opt/clerks-staging/docroot/libraries/adodb5/adodb.inc.php 1899 CacheExecute() insert_get_wantcategories() |
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idealmike
And that will probably be Google spending too much money on AI chat bots which will become truly "self aware" and decide that mankind is not needed since it needed to create a chat bot to talk to itself anyway. I mean come on! Why spend $100 billion dollars on a chat bot AI when you can just go outside and talk to people!
Apparently though, those same chat bot AI's will go on to put a LOT of people out of work. I'm talking secretaries, sales agents, representatives, translators etc etc. And for those guys, there will be a recession on. The thing about recessions is, one man's loss is another man's gain usually so where some people are losing out in some ways, other people are benefiting in others. Recessions in fact are never truly one sided and down sided at that for all people and they all usually have ways and means they can be used to help other people out at the same time. There are lots of people that use the recession in some way to even start up new business models from it. But it's usually very niche / industry specific. And recessions do mostly take place in such industries where there is a lack of something and usually that's money but sometimes it's materials/resources too. When it comes to the Internet though, it would be really strange if there was say, a recession in the Internet Marketing niche or one with the SEO niche itself imagine that! That would have to mean one of or all of several different things from (1) people having no money to spend on IM and SEO services, (2) people not being able to provide any IM and SEO services (no freelancers and businesses providing it) and (3) people not being able to do the IM and SEO for people due to some major constrictions by Google or something new that comes onto the scene. And that will probably be Google spending too much money on AI chat bots which will become truly "self aware" and decide that mankind is not needed since it needed to create a chat bot to talk to itself anyway. I mean come on! Why spend $100 billion dollars on a chat bot AI when you can just go outside and talk to people! :D Apparently though, those same chat bot AI's will go on to put a LOT of people out of work. I'm talking secretaries, sales agents, representatives, translators etc etc. And for those guys, there will be a recession on.
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