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As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
11–20 of 213 posts
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#12I seriously doubt it could be realistically implemented. More probable outcome is ballooning law enforcement costs due to significant fraction of population becoming unemployable and resorting to crime, and almost endless, Japan-style economic stagnation in all developed countries. Sorry for sounding pessimist. This time it gets serious and software is going to really eat the world. By the way in some countries (like…
I disagree it is more probable that, "ballooning law enforcement costs due to significant fraction of population becoming unemployable and resorting to crime, and almost endless, Japan-style economic stagnation in all developed countries."
Generally, crime is on the decline, even as we see technology and economies evolve to include more automation and less human labor: https://ucr.fbi.gov/crime-in-the-u.s/2013/crime-in-the-u.s.-... http://www.theatlantic.com/politics/archive/2016/04/what-cau... http://www.citylab.com/crime/2015/09/violent-crime-rates-sti... https://www.brennancenter.org/blog/americas-faulty-perceptio...
The most probable outcome is that societies adjust, and that is likely to include implementations of a basic income. In the US I doubt it will be sweeping in any manner. Rather certain "life-necessities," and "lifestyle standards" will be implemented piece-meal over long periods of time.
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#13"Take an IPhone - you find a variety of technologies - each one was created by some government grant... The collective production of wealth, which is then privately appropriated.. it's very easy to start thinking of basic income as a dividend that goes to the collective that was responsible for collectively producting the wealth."
"We need to create a system whereby society stakes a claim to the returns to aggregate capital, and this claim becomes an income stream that goes to everyone. I don't see why my children and your children have a right to a trust fund [or] why Paris Hilton has a right to a trust fund, when nobody else does, or very few people do.
Think of basic income as a trust fund for all our children - to be financed by dividends from our aggregate capital, which was after all, created collectively."
https://www.youtube.com/watch?v=B1eOVU61mZE&feature=youtu.be...
- Varoufakis
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#14I seriously doubt it could be realistically implemented. More probable outcome is ballooning law enforcement costs due to significant fraction of population becoming unemployable and resorting to crime, and almost endless, Japan-style economic stagnation in all developed countries. Sorry for sounding pessimist. This time it gets serious and software is going to really eat the world. By the way in some countries (like…
Aren't crime rates very low in Japan?
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#15So we can all play more video games: https://www.washingtonpost.com/news/wonk/wp/2016/09/23/why-a... "Most of the blame for the struggle of male, less-educated workers has been attributed to lingering weakness in the economy, particularly in male-dominated industries such as manufacturing. Yet in the new research, economists from Princeton, the University of Rochester and the University of Chicago say that an additio…
What else can they do? With the new wave of AI and automation there will be no jobs left for people with below average intelligence. You will need more and more researchers and programmers but not everyone can do those jobs.
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#16Guaranteed income is not a solution. Sure housing and food are the most 2 important things but people need to feel they are needed in the society.
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#17I'm treating the "Basic Income" topic on the Internet as a spam/cult type thing nowadays. Probably there is some type of browser addon that can hide it from clogging up everywhere I look.
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#18So we can all play more video games: https://www.washingtonpost.com/news/wonk/wp/2016/09/23/why-a... "Most of the blame for the struggle of male, less-educated workers has been attributed to lingering weakness in the economy, particularly in male-dominated industries such as manufacturing. Yet in the new research, economists from Princeton, the University of Rochester and the University of Chicago say that an additio…
How could one design economically productive outputs from a video game like playing experience?
Thinking something like Ender's game meets Uber drivers...
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#19So we can all play more video games: https://www.washingtonpost.com/news/wonk/wp/2016/09/23/why-a... "Most of the blame for the struggle of male, less-educated workers has been attributed to lingering weakness in the economy, particularly in male-dominated industries such as manufacturing. Yet in the new research, economists from Princeton, the University of Rochester and the University of Chicago say that an additio…
> “When I play a game, I know if I have a few hours I will be rewarded,” he said. “With a job, it’s always been up in the air with the amount of work I put in and the reward.”
This is stunning to me. I know that among the world, we in the US sometimes have a different work ethic. But video games coming up in this discussion of rewards per time invested is mind-boggling.
> Happiness has gone up for this group, despite employment percentages having fallen, and the percentage living with parents going up
I've tried to summon some outrage here, but if they're really happier maybe it's not a bad thing. I'm surprised it doesn't cause more strife in their relationships with family. That's only hinted at in the article.
Re: As Our Jobs Are Automated, Some Say We'll Need a Guaranteed Basic Income
#20I seriously doubt it could be realistically implemented. More probable outcome is ballooning law enforcement costs due to significant fraction of population becoming unemployable and resorting to crime, and almost endless, Japan-style economic stagnation in all developed countries. Sorry for sounding pessimist. This time it gets serious and software is going to really eat the world. By the way in some countries (like…
This is a bit of a Luddite viewpoint. There will be some ups and downs as people adjust to the need for different skill sets however, automation won't simply wipe out any need for human labor. There are lots of things that will likely never be cost effective to automate or are impossible to automate.
The opposite of Luddite is believe that it will all get sorted out in the end inevitable.
As the fall of Rome, the middle ages, and several other dark periods in human history show, this is now always the case.
>There are lots of things that will likely never be cost effective to automate or are impossible to automate.
Several things, yes. A lot, no.
And even if those types of jobs were many, what matters is the number of positions they give us. E.g. being a brain surgeon might not be easily automated, but we don't need that many brain surgeons anyway.
On the other hand, truck driving can be automated, and when it does, it will take with it 1-2 million jobs. Automating fast-food serving and cooking? There go another 2-3 million. Automating office cleaning? There go some millions more.
As for more artistic jobs, like a musician or painter, those might not be realistically automated (because we value the human source of an art work etc), but they aren't going to pay much either, especially since most people wont have proper jobs and thus much money to spend on music (and even less so on art).