Posted on 09/09/2014 11:43:55 AM PDT by DannyTN
The politics of a guaranteed income get a lot easier when you acknowledge that the U.S. is no longer the land of opportunity
...
However, there are other trends that may be interacting with and exacerbating this original sin. Automation and globalization had already largely hollowed out America's manufacturing employment base; most jobs created during this "recovery" have been in crappy low-wage work. And when one takes automation to its obvious logical end, it's hard not to conclude that robots will soon be putting just about everyone out of a job.
... As someone with a nice, stimulating job, I agree that work can help people flourish. But in an economy that is flatly failing to produce enough jobs to satisfy the need, a universal basic income will start to seem more plausible — even necessary.
(Excerpt) Read more at theweek.com ...
Can an Algorithm Write a Better News Story Than a Human Reporter?
by Steven Levy 04.24.12
Many machines on Ix. New machines. Better than those on Richese.
Guaranteed income proposals always seem to gain currency when job creation and employment stagnate. Yet, as the Reagan recovery demonstrated in the 1980s, pro-growth policies of tax rate cuts and an easing of regulatory burdens generate massive gains in new employment and wealth.
Bitcoins?
I wonder what would happen if the federal minimum wage laws were repealed.
Star Trek, The Next Generation, replicator tech.
And when they evaluate us and realize how illogical and useless we are, they'll exterminate us. Saw that movie, too.
prebate for failure.
Is this like too SMALL to fail?
It may just need to come to that some day, before things collapse, regardless of any screams about "genocide".
lol
I am pretty sure it will fail.
I beg to differ.
America has jobs. It is the intelligence of the potential workforce, that is in jeapordy. Social training does not make engineers. Social mathematics does not further science.
Social training does nothing but make more Communists.
When America started catering to ‘ebonics’, a made up language of nattering naybobs, and not worthy of use in the business world, the long slops was established.
Machines "own" no assets with which to pay anything. Their owners own all their production, and are unlikely to want their income stripped to provide a "universal basic income".
Doing nothing about it is the free market option. And, no, it will not be a disaster, except for those who are unfit or unwilling to adapt. A century ago, farmers were 31% of the labor force. Today, they're less than a percent. But the country as a whole is far richer.
Trying to solve the "problem" via legislation will impoverish the nations that try it. Unless, of course, we "achieve" the libtard dream of world government, in which case the whole world will be impoverished but just won't know it, having no standard of comparison.
Yes, and one day the replicators will be able to replicate themselves... so the tech will be so cheap it will almost be free.
It will be the very creative who will become the superstars in the world of 2050. They will create new tasks for the automated machinery to carry out. They will create everything from new entertainment to new vehicles.. and every other thing that will be possible.
Automation is an amplifier for the human mind and body. What now takes a million workers to do, a single person will be able to have done for him. A single person could create a city or dig a canal or whatever.
Everything will quickly trend toward zero cost in a fully automated world. The only real limits are raw materials and energy.
The only real chance is to network with lots of people in your field, so that you can find out about openings and chat with the manager who needs the job done, and completely bypass HR and the "recruitment agencies". That's how I've found most of my work for the last 40 years.
No need.
If you automate away the jobs Americans won't do, there will be no jobs for the illegales! They'll stop coming, and most of the ones already here will self-deport (assuming we keep them off welfare, that is).
My experience with Monster and the rest, is that for job seekers they are a waste. I think their purpose is to allow companies to pretend they are looking for Americans, before getting an H1B.
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.