General > General Technical Chat
Cheques being phased out in Australia by 2030
vk4ffab:
--- Quote from: Halcyon on October 23, 2023, 10:39:50 pm ---
--- Quote from: vk4ffab on October 23, 2023, 09:34:55 pm ---
--- Quote from: SiliconWizard on October 22, 2023, 07:43:58 pm ---
--- Quote from: Halcyon on October 22, 2023, 09:49:56 am ---And whilst Australia isn't a cashless economy "just yet", it seems surprising that biggest reduction in cash users was actually elderly people. Seems you can teach an old dog new tricks?
--- End quote ---
I'm not all that surprised for this particular point. Using a card instead of cash is easy, so doesn't require any particular knowledge or affinity to new tech, it's actually easier for the elderly as it doesn't require them to count bills and coins (or even see them correctly as their eyesight degrades), plus that removes the fear of being robbed. And finally, older people, apart from a minority, probably don't care very much about the privacy of their transactions anymore compared to younger people. So yeah, not surprised about this at all.
--- End quote ---
What it does do is introduce a whole new set of problems for them because of digital illiteracy in the older population and that is a tendency to be susceptible to scams. One almost needs to act like a tin foil hat conspiracy theorist to protect themselves from scams. Thankfully i get so few calls, texts or emails from scammers, but it takes take some effort to stay on top of things. My phone number according to jlc and other online businesses I buy though is 555123456 and my email address is disposable, because you just know that those aliexpress stores ya buy though are going to share your details with the Industrial Scam Factory Concern. HAHAHA
--- End quote ---
There are some pretty dumb and gullible younger people out there too. In my experience with dealing with older folk, I'd suggest that even though they might not be clued up on the latest technology, they have life experience and aren't silly either.
Some statistics released for 2021-2022 showed that those 65 and older were actually the second lowest group who had been exposed to scams overall. The highest number came from the 35 to 44 year age group.
Now of course there are several ways to read into statistics, and you could argue there are more people in the younger age group which means higher instances of fraud. But nonetheless, it's interesting anyway.
https://www.abs.gov.au/statistics/people/crime-and-justice/personal-fraud/latest-release
--- End quote ---
ACCC data for 2022 clearly shows over 65's account for 25% of all scam reports and for 25% of the amount lost. Couple that cohort with 55+ and you start getting close to 50% of all victims and value. Compare that to any other 2 groups combine and they are the most represented cohort. The amount lost is obviously higher because this group has all the money, but in terms of numbers, the only rational explanation is a lack of digital literacy. FYIW, i am 52.
https://www.accc.gov.au/media-release/accc-calls-for-united-front-as-scammers-steal-over-3bn-from-australians
tggzzz:
--- Quote from: Halcyon on October 23, 2023, 10:39:50 pm ---
--- Quote from: vk4ffab on October 23, 2023, 09:34:55 pm ---
--- Quote from: SiliconWizard on October 22, 2023, 07:43:58 pm ---
--- Quote from: Halcyon on October 22, 2023, 09:49:56 am ---And whilst Australia isn't a cashless economy "just yet", it seems surprising that biggest reduction in cash users was actually elderly people. Seems you can teach an old dog new tricks?
--- End quote ---
I'm not all that surprised for this particular point. Using a card instead of cash is easy, so doesn't require any particular knowledge or affinity to new tech, it's actually easier for the elderly as it doesn't require them to count bills and coins (or even see them correctly as their eyesight degrades), plus that removes the fear of being robbed. And finally, older people, apart from a minority, probably don't care very much about the privacy of their transactions anymore compared to younger people. So yeah, not surprised about this at all.
--- End quote ---
What it does do is introduce a whole new set of problems for them because of digital illiteracy in the older population and that is a tendency to be susceptible to scams. One almost needs to act like a tin foil hat conspiracy theorist to protect themselves from scams. Thankfully i get so few calls, texts or emails from scammers, but it takes take some effort to stay on top of things. My phone number according to jlc and other online businesses I buy though is 555123456 and my email address is disposable, because you just know that those aliexpress stores ya buy though are going to share your details with the Industrial Scam Factory Concern. HAHAHA
--- End quote ---
There are some pretty dumb and gullible younger people out there too. In my experience with dealing with older folk, I'd suggest that even though they might not be clued up on the latest technology, they have life experience and aren't silly either.
--- End quote ---
There's a famous example of an extremely competent (and very nice) old lady that fell prey to scammers.
Why extremely competent? Well, she and her husband were pioneering programmers, back in the 50s - and their son was a certain Tim Berners-Lee (you may have heard of him).
http://downloads.bbc.co.uk/tv/watchdog/WebScript_CourierScam_040614.pdf
https://en.wikipedia.org/wiki/Mary_Lee_Woods (I don't know why that article uses her maiden name; I never heard her use it)l
CatalinaWOW:
--- Quote from: vk4ffab on October 24, 2023, 12:25:43 am ---
ACCC data for 2022 clearly shows over 65's account for 25% of all scam reports and for 25% of the amount lost. Couple that cohort with 55+ and you start getting close to 50% of all victims and value. Compare that to any other 2 groups combine and they are the most represented cohort. The amount lost is obviously higher because this group has all the money, but in terms of numbers, the only rational explanation is a lack of digital literacy. FYIW, i am 52.
https://www.accc.gov.au/media-release/accc-calls-for-united-front-as-scammers-steal-over-3bn-from-australians
--- End quote ---
Here in the US the elderly are also the number one age cohort for being scammed. But the number two cohort is the teen to thirty age group. It seems that experience helps up until the facilities start to fade.
tggzzz:
--- Quote from: TimFox on October 23, 2023, 11:32:27 pm ---Many of us older people are slow to adopt new schemes of dubious improvement over current schemes because we were not born yesterday.
--- End quote ---
Petronius Arbiter's famous quote applies to new products as well as new org-charts, viz: "I was to learn later in life that we tend to meet any new situation by reorganizing, and what a wonderful method it can be for creating the illusion of progress while actually producing confusion, inefficiency, and demoralization."
In my case I spent a large chunk of my career on the bleeding edge of technology in a well-known industrial research lab. That required keeping on top of all the new products and technologies, so that I/we could advance them.
99% of them weren't an advance. At best they were different (but not better), and nowhere near as good or revolutionary as their proponents claimed.
Recognising which were "froth" and which were "liquid" meant I didn't go down the blind alleys (now mercifully forgotten) that seduced many people.
Summary: most claimed advances aren't an advance.
coppice:
--- Quote from: tggzzz on October 24, 2023, 12:49:27 am ---Petronius Arbiter's famous quote applies to new products as well as new org-charts, viz: "I was to learn later in life that we tend to meet any new situation by reorganizing, and what a wonderful method it can be for creating the illusion of progress while actually producing confusion, inefficiency, and demoralization."
In my case I spent a large chunk of my career on the bleeding edge of technology in a well-known industrial research lab. That required keeping on top of all the new products and technologies, so that I/we could advance them.
99% of them weren't an advance. At best they were different (but not better), and nowhere near as good or revolutionary as their proponents claimed.
Recognising which were "froth" and which were "liquid" meant I didn't go down the blind alleys (now mercifully forgotten) that seduced many people.
Summary: most claimed advances aren't an advance.
--- End quote ---
The main reason "advances" are advances is "we control this one, and we don't control all the alternatives already out there performing well".
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