Posted on 03/07/2017 9:37:43 AM PST by blam
I'm currently TDY for over 90 days. That puts me into a 3/4 per diem situation. Guess what? All of the hotels have enough customers on less than 90 day TDYs...with full per diem.
I can't find ANYTHING at the 3/4 rate.
Why do you think we're $20 trillion in debt. That's what we (USA) do.
"Yes, this extra monies allows you to go scour the streets for more white blond infidels to rape and demean. These new money are gifts from Allah. We can spend all out time finding the bitches to rape."
It won’t take a couple of generations. It will take a couple of years at most.
It would be great if we simply printed the money. What we do is print money and then give it to the Federal Reserve so that they can loan it back to us with interest.
These European do-gooders just refuse to realize these retrograde Muslims are incapable of assimilating anywhere in this century. It is an anachronistic fallacy to believe so.
It may reduce wages at first but then people making guaranteed income will convert to constant consumption and stop going to school. They will stop working and go on drugs or get drunk all the time. That’s what happens with easy student loans. Then the large numbers of people become unemployable in any meaningful sense, increasing the opportunities for people who have skills. Wages will go up.
“who will clean the sewers and do all the other nasty jobs required to keep civilized societies intact?”
I’ve long observed a variant of that in the computer industry: “free / open-source software” thrives on the notion that everyone contributes and everyone benefits ... but a recurring problem is that nobody wants to do that 10% of work which many need but nobody finds interesting/rewarding to do. Commercial software succeeds where FOSS fails precisely because people will do the “dirty jobs” only when paid to do boring/uninteresting/unrewarding work. As such, macOS and Windows plow forward while Linux struggles to keep up with features & support.
Point is we _do_ have microcosm “tests” of the idea, with real results - not just the pre-selected wins that won’t actually happen.
“the human labor contribution in making the robots and AI’s function will be vastly leveraged.”
Except that the cost of that labor will increase to match its supply-and-demand value.
Why only $600.00?
20 trillion dollars is very close to the total amount spent on social programs since the mid-1960’s. Essentially every dollar used to “help” the poor was borrowed.
The gov’t will be happy to terminate physical currency, replacing all cash with ONLY debit/credit cards - where every transaction is tracked, and all “money” is debt owed the gov’t.
“Why only $600.00?”
US poverty line is $980/mo. It may be somewhat lower in, say, Finland. Or they may be trying to leave at least _some_ pressure in place to get at least occasional employment, rather than fully funding what is officially deemed all basic needs.
That may also assume “family” (very loosely defined) units. The more in a family, the lower the poverty-line income per person. Four people living together, leveraging major costs (housing, light, heat, etc) bring the US poverty line to $505/mo - at which point the recipients can lead a comfortable (if spartan) life entirely off the backs of taxpayers with zero hassle.
You and Elon Musk
Your predictions are illogical. Have you ever farmed? I doubt it. Raising food is darned hard work. Plus with vault 7 leaks the ability of The Government or some rogue jerk to hack those robots should be concerning
Don’t over value technology. It is less perfect than humans
Nicely played
Exactly- my grandfather worked at a steel mill... he always said that whenever the union went on strike and won, all the prices at the local stores would go up because the steelworkers would spend like sailors on leave for a while; anyone who wasn’t a millworker had a harder time making it on their unchanged wages.
After he died I watched and sure enough, he was right.
The people making the technology know full well what the value of their work is. That’s why you’re paying upwards of $100/month for cell-phone service, even though most of that network is already paid for and operating costs are negligible. That’s why car makers keep adding “must have” gizmos to vehicles instead of producing a super-cheap bare-bones car (heck, a mere “two seats + an engine + 3 wheels” Slingshot is >$25k). Replace human laborers with robots & touchscreens, and while there will be a distinct cost savings the price will still be kept high enough to match the value vs competition. Replace dirt-cheap sub-min-wage laborers with machines, and while those machines will be cheaper than hiring legal willing workers you’ll still be shelling out a good-sized fraction of that cost.
What the Left can’t comprehend is that money is a _representation_ of value, it is not itself value. The inherent value of a gallon of gasoline is about equal to the inherent value of a clerk selling gasoline for 20 minutes. Likewise any exchange of value via money. It doesn’t matter what the number on the currency says, it will normalize into a simple means of making exchange of value fungible. Set minimum wage to $1,000,000/hr? fine ... gasoline will cost about $300,000/gal.
“Except that the cost of that labor will increase to match its supply-and-demand value.”
Very likely. “Productivity” will still massively outpace labor costs I think. The potential leverage really is incredible.
I expect the same.
Most people likely will become unemployable and simply exist as a degenerate mass, until, perhaps, one of the master class, or perhaps a machine, decides they are redundant.
This is a pretty common trope in Science Fiction btw., including many works of the “golden age” 1950’s-60’s. Its not a new idea.
For an example of a humanity reduced to dependence, have a look at E.M.Forsters ‘The Machine Stops” from 1909(!).
However, the potential rewards, material and social, in becoming one of the “workers” will be relatively great. Humanity is not and never was uniform.
This will probably also make social stratification extreme, a caste system can be expected, as well as extreme anxiety within that caste.
Its no accident that the idea is seen mainly in dystopian fiction.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.