81–90 of 124 posts
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If things have gotten cheaper, why does everything in a 1917 sears catalog, adjusted for inflation, look so inexpensive? Solid metal tools used to cost less than the modern walmart plastic thing.
Not sure if this is right but maybe because wages were lower back then even with inflation?
Earlier quoted context omitted.
Because automated weaving makes clothes a lot cheaper. Put another way, when workers become more efficient -- one factory worker able to control many weaving machines, or a relatively small group of programmers able to control many cars -- people's standard of living increases. Maybe you're willing to pay more for clothes, or transportation, or any one thing. But paying more for all of the things that have gotten che…
What's the point of making things cheaper when it centers the wealth on just a few owners? When there are lots of workers working low income jobs versus just a few workers working high income jobs, it creates a healthier more distributed economy.
I live in India. Irrespective of whether the Government bans driverless cars or not, Indian roads and traffic conditions are not suitable for driverless cars. Period.
A long-ish read. In Indian malls, there are so many helpers standing around that if you lift up a merchandise, you'll be jump scared by someone asking you how she can help you. People are also used to asking the prices of the items, even though just flipping around would reveal the tags that clearly earmarks the final price (all tax and details). Indian are more used to DIFM (Do it for Me) than the western DIY cultur…
>>In Indian malls, there are so many helpers standing around that if you lift up a merchandise, you'll be jump scared by someone asking you how she can help you.
This is because most people can't use these things properly. Its easier(and cheaper) to put a lift operator than to have people damage lift and having it repaired/replaced.
>>People are also used to asking the prices of the items, even though just flipping around would reveal the tags that clearly earmarks the final price (all tax and details).
Very few do this. Those people who ask generally do it because we are price conscious, absolutely nothing wrong with that.
Look at the wester society, bulk of the personal finance problems there arise because people spend money they don't have.
>>Personally, I usually go on weekdays and I can have about 3+ people buzzing around me trying to help me decide what I want to buy.
Again easier to help you shop quickly this way, than having tens of people pile up in the store.
>>If I hire a wash-helper to just wash my clothes twice a week, it will cost me just about ₹1000 ($15) (or even less) a month in Bangalore.
Most people would and do buy a Washing machine for something like this. You must be rich.
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Let's be frank this no-driverless cars is just political talk. When those cars arrive, these people will be the first ones trying to convince public about it.
Driverless cars or rather augmented driving will save lives but the minister doesn't care for those. Driverless cars will create more jobs in engineering, training and monitoring because driverless cars will not come one fine day but over a period of 10 years.
As someone who is working on self driving tech, this saddens me.
India needs more eyes on this problem because of our roads and our bad traffic sense. The fact that we don't drive on the same side of the road as the western world means their tech won't be adaptable directly. So much potential and opportunity but I guess the minister wants us to keep doing the cheap menial jobs.
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Even more radically, you might as well just give everybody a universal basic income instead of heading back for a pre-industrialized way of life (though the Amish people seem to like it?!).
If you give people a universal basic income, you need to both increase taxes a lot and completely restrict immigration - a basic income in the US is incredibly luxurious for people who live in sub-saharan Africa. Or else the universal basic income is going to be too low in first world countries to make a difference.
I live in India. Irrespective of whether the Government bans driverless cars or not, Indian roads and traffic conditions are not suitable for driverless cars. Period.
I build products in India. You do not understand how the technology works. Driverless technology is AI based i.e. it learns the same way a human does. All it requires is training, a lot of training, 10000 hours or more. I am working on self-driving tech and I can _show_ you the technology works even in hills of the Himalayas where there are no road signs or lane markings.
Not as of today.
Its not generic AI. Also to an extent you need good road infrastructure for these things, which we don't have it here in India.
Earlier quoted context omitted.
I build products in India. You do not understand how the technology works. Driverless technology is AI based i.e. it learns the same way a human does. All it requires is training, a lot of training, 10000 hours or more. I am working on self-driving tech and I can _show_ you the technology works even in hills of the Himalayas where there are no road signs or lane markings.
>>Driverless technology is AI based i.e. it learns the same way a human does. Not as of today. Its not generic AI. Also to an extent you need good road infrastructure for these things, which we don't have it here in India.
Earlier quoted context omitted.
Because automated weaving makes clothes a lot cheaper. Put another way, when workers become more efficient -- one factory worker able to control many weaving machines, or a relatively small group of programmers able to control many cars -- people's standard of living increases. Maybe you're willing to pay more for clothes, or transportation, or any one thing. But paying more for all of the things that have gotten che…
What's the point of making things cheaper when it centers the wealth on just a few owners? When there are lots of workers working low income jobs versus just a few workers working high income jobs, it creates a healthier more distributed economy.
I could stick it to the rich bastards who own energy stocks, but I'd rather be warm in the winter and cool in the summer.
While a braindead statement, it's a bit of a moot point. Humans will likely settle on Mars before self-driving tech can smoothly navigate India's traffic and roads.