An Author's look into the future: Economic models are changing. We must deal with it.

Tesla Forum ^

[Mr. Douglas]

Humans need not apply: https://www.youtube.com/watch?v=7Pq-S557XQU

[babble-on]

Mebbe yes, mebbe no

[CodeToad]

Because of the economic manipulations, many thing seems abnormal. Trump will probably get busy correcting those manipulations.

[Mr. Douglas]

When predicting the future, we almost never get it right (Except for Back to the Future part 2, which was ridiculously accurate), but this list sums up a lot of my feelings. It’s one of the reasons I moved to my farm in south central, rural KY from Seattle.

But some of these things will change even faster than the article predicts. I think we really are on the cusp of ensuring perfect health and immortality - cheaply. It’s why I think the Lord’s return is imminent. Well, it’s one of the reasons.

[Mr. Douglas]

I think the author is optimistic regarding jobs. I think virtually all jobs available on the planet will go away. Machines can’t be as smart as people, but they can be much smarter at one thing. And when all of the “one thing’s” people can do are each handed over to the computer/machine that can do it better, there will be no need for humans to actually HAVE TO do anything. But this sort of world is not compatible with human nature. People will still fight over who has and who doesn’t have.

[piasa]

How many people will be qualified and be able to find work in a world where all industry is 3d printing to pay for the cartridges for their 3d printers or will everyone simply 3d print the money they need to buy 3d printed stuff from 3d printing retailers’ 3d printed robots working from 3d printed office cubes since no one will own their own 3d printers any more than they would own their own computers and cars and will be paying monthly fees for everything instead?
Seems like everything is now a monthly charge so we can never “pay off” what we buy.

[babble-on]

The part of this that I think we lack a solution to is the jobs part. Most of us will or already are becoming superfluous in an economic sense.

However, we’ve only ever come up with one real way to distribute goods to individuals who don’t have stored wealth, and that’s via work.

“Them as works, eats,” they used to say but now the economy does not NEED for nearly as many people to work to produce enough food and shelter for all.

Socialism is one solution, just give stuff to everyone whether they work or not, but it fosters terrible qualities in human beings. Even when the economic value of working is meaningless, the moral value of HAVING to work is enormous.

[Buckeye McFrog]

Solar energy production has been on an exponential curve for 30 years, but only now is having a big impact. Last year, more solar energy was installed worldwide than fossil. The price for solar will drop so much that almost all coal mining companies will be out of business by 2025.

I call B.S. on that one. Solar panels are going to have to make massive leaps in efficiency before they come anywhere close to producing the yield of burning coal or oil.

[bigbob]

Udo, who looks to be about 23, attended a conference and is now a futurist. His real gig is language learning:
https://www.sprachenlernen24.de/

The words of the prophet are written on subway walls and tenement halls....and in blogs of course.

[babble-on]

we are in complete agreement, i think! an FR first

[dfwgator]

It’s all about distribution channels and who controls them.

[dfwgator]

Socialism is one solution, just give stuff to everyone whether they work or not, but it fosters terrible qualities in human beings. Even when the economic value of working is meaningless, the moral value of HAVING to work is enormous.

Idle hands are the Devil's Workshop.

[PeterPrinciple]

time for a little history lesson:

http://www.smithsonianmag.com/history/what-the-luddites-really-fought-against-264412/

http://www.victorianweb.org/history/riots/luddites.html

http://campus.murraystate.edu/academic/faculty/kBinfield/luddites/LudditeHistory.htm

http://historymesh.com/event/luddite-riots/?story=textiles

[Garth Tater]

A young man walks into a job interview with a smartphone in his hand. After an in depth interview his smartphone was offered the job. Working for anyone but yourself will soon be obsolete.

[dfwgator]

The words of the prophet are written on subway walls and tenement halls....

And echoes with the sounds of salesmen....

[Buckeye McFrog]

a medical device (called the “Tricorder” from Star Trek) that works with your phone, which takes your retina scan, your blood sample and your breath. It then analyses 54 biomarkers that will identify nearly any diseases. It will be cheap, so in a few years, everyone on this planet will have access to world class, low cost, medicine.

Unless we fail to repeal Obamacare, which is capable of effing-up a one car funeral.

[RayChuang88]

I think the next energy revolution will be a new type of nuclear power called the molten salt reactor, which uses commonly-found thorium-232 dissolved in molten fluoride salts as liquid fuel--e.g., there's no such thing as a "meltdown" since the fuel is already in liquid form. MSR's have numerous advantages over today's uranium-fueled pressurized vessel reactors, and can be scaled up and down in size from 50 MW to as high as 1,000 MW.

I expect by 2060 AD a large fraction of the world's electrical energy needs be provided by MSR's, not solar or wind power.

[PeterPrinciple]

Notice the tone of the article. What’s different? What is in the article that you haven’t seen in a long time?

Lots of criticism here and maybe right so. Of course no one accurately predicts the future, we older folks know that. It is the unintended consequence that are hard to predict.

[PeterPrinciple]

Working for anyone but yourself will soon be obsolete.

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Think of the implications on that. power no longer in the hands of govt and large business. Universities gone because we move back to apprentices.

I would welcome other thoughts on the implications.