This became a bigger deal with COVID, because crashing O2 levels could occur even when someone is subjectively feeling relatively fine - e.g., they think they've got mild COVID and then are all of a sudden at deaths door with little warning. Not something most people generally need though.
For healthy people in normal conditions it's rather pointless. Continuous monitoring can be useful for patients with known or suspected pulmonary conditions, such as emphysema, COVID-19, or pneumonia. Monitoring during sleep can be useful for diagnosing sleep apnea. There is also an edge case for high altitude mountaineering and flying in unpressurized aircraft where hypoxia can be an issue.
And why would the Economist be particularly biased on this? Even the article concludes that its own headline is likely untrue and crypto is not going to zero.
Let's face it, operators in the crypto space have generally proven to be untrustworthy. In an ironic twist to the "trustless decentralized..." we've ended up with highly centralized untrustworthy operators. It turns out companies that operate in a deliberate regulatory grey zone tend to... you know... not operate with integrity. Let's face it, there are some stable coins out there we know aren't backed, but haven't blown up yet.
I mean I worked my ass off for years (and got raises every year, so lucky me). But when I asked for a promotion they gave the post to some new comer with less experience. (???) Lesson learned.
There is indeed a lot of red tape but these are the avenues to fire someone:
- Severe underperformance (building of a dossier over months will be necessary for solid proof).
- The employee doesn't come to work anymore without a valid reason
- There is the 'faute grave' reason. It means that the person did something very very bad in the company, for instance sexual assault, or put critical assets in jeopardy, fraud, blatant misbehavior, stuff like that.
Usually there is at least a 8 month probation period (for engineers and most high paying jobs) in which you can fire someone with between 2 days and 2 weeks notice. No need for a reason whatsoever. (This applies to France)
Not "at least", more like "at most". It's 4months + 4months. And you have to "willing-fully" accept the second 4 months (but they can fire you if you don't).
The "faute grave" you are referring to is the "faute lourde", for which the employee voluntarily caused harm to the company.
A "faute grave" is more like a big mistake, harassment, misbehavior, etc.
Basically, you can fire anyone you want if you pay for it. But you'll have to pay, and if the employee is not happy with what they receive, they can go to court (which is very long, most of them won't).
