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IT is the cause of rising income and wealth inequality since the 1970s [pdf]

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Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#181
post #128

Globalization is the cause of inequality. Technology just facilitates it. Capitalism leads to a concentration of wealth in the hands of a few and periods of globalization have resulted in high levels of inequality. Inequality today is comparable to the levels during the gilded age and there was no IT back in the 1870's.

Inequality is NOT a problem though. Poverty is a problem, but that is a different issue from inequality. Once you have the basics met (food, shelter) everything else is a luxury. A mud hut without enough to eat is not a life I would want to live, but I could live that way. Take away the hut or the food and I won't survive. I like not having to cook over an open fire. I like having lights in the dark, a cell phone, a…

Okay, except that in plenty of places being homeless is illegal, mud huts on property you don't own is illegal, you can expect your lifespan to be cut down by more than half, and the level of income inequality in the US is staggering. 95% of households make under $200k, while 3 million people make millions of dollars and do whatever they can to make sure nobody catches up to them. Even if you take poor people out of the mix, it's still a problem.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#182

I really thought it was corrupt politicians giving away public resources to private mega corporations, irresponsible financing systems, wall street selling lel bonds, the undermining of the national working class, bogus copyright laws that are designed to squish small and upcoming competition, and people purchasing garbage degrees instead of useful ones with money they don't have guaranteeing they'll be indebted for…

That. Let's all just dismiss that governments worldwide have been growing out of control since the 30's so we can settle on an enemy and keep the growing.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#183
post #178

Earlier quoted context omitted.

> But that destroys your argument, because these things are not automated and won't be any time soon. After the limited time I've spent in my life paying attention to this, I'm not assuming any job, including my own, is safe from automation. > Historically, farm laborers whose jobs disappeared went to the cities and started working in factories or learned a trade. And that is the difference, except this time the citi…

> After the limited time I've spent in my life paying attention to this, I'm not assuming any job, including my own, is safe from automation. So you think things like artistic creativity, service work, craftsmanship, etc. are going to be automated soon? That there will literally be no productive things that humans can do, sometime in the not too distant future? If that is indeed what you think, then I can see why you…

You're making several deep errors regarding what I'm saying.

Firstly you're responding as though, at some mysterious date in the future, all people are getting fired and replaced with a robot. It's not going to happen that way, it's going to be a gradual process but I think not as gradual as a lot of people want to think, and I think once it begins it will accelerate exponentially as the technology matures.

Not to mention:

> So you think things like artistic creativity, service work, craftsmanship, etc. are going to be automated soon? That there will literally be no productive things that humans can do, sometime in the not too distant future?

You're still hung up on this idea that productive things are all people can do. The whole point as pointed out by another poster is that people were supposed to not work anymore, at least in the traditional sense: that humans would give the work to the robots, and then go find other, more enriching things to do, maybe something with art or just really learning a shitload about medieval poetry. The fact that someone chooses something that isn't necessarily productive doesn't matter in the world I'm envisioning, where scarcity is no longer a thing.

> But that's not what you're talking about. You're not just talking about homeless people. You're talking about, eventually, all people. You're saying that there will come a time in the not too distant future where every single human on the planet has effectively zero productivity. And your way of preparing for this is to put a rule in place that says that humans don't have to produce anything in order to get a basic living.

I wouldn't say it's going to hit zero. There will always be something for us to do, even if it's just to hit the stars and go find new things (ala Star Trek's utopian future).

What I am saying is: We already are seeing the beginnings of a population that can't really produce anything, and we're seeing a new phenomenon; we don't really need them to. How much of the population will end up like that isn't the point; the point is that some of them are, and some are already, and we have no mechanisms to deal with that other than starving people to death which I think is not a long term solution.

> But if you have automated dealing with change, then you're up against a bigger problem: you have basically invented AI, and there is no guarantee that the AI will care about humans. We will be at the mercy of the AI, just as other life forms on Earth today are at the mercy of humans. We will basically be zoo animals, preserved only at the sufferance of the AI. And in that situation, humanity is doomed.

This is a whole different discussion but this doomsday view also relies on the AI being entirely unaware of empathy, which as a core component of humanity, would likely make its way into the artificial minds humanity creates. It's a base function of animal and human brains, it's what stops us from killing each other over basic impulses.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#184
post #145

Earlier quoted context omitted.

> The information problem is exactly what I'm referring to I'm not sure you understand the information problem I meant. The information problem I meant is that, heuristically speaking, the amount of information required to make correct economic decisions goes up exponentially with the size of the economy, while the bandwidth of information channels available to any central authority only goes up linearly with the siz…

How is it then, that we're seeing so much centralization in the industry? A typical megacorporation is just as centralized as a socialist government, and they probably do just as much forecasting and planning, and they apparently succeed (most of the time).

> How is it then, that we're seeing so much centralization in the industry?

First, because the goal of corporations is to maximize profits, not to maximize people's well being. The point of socialist government (and more generally of "correct" economic decisions) is supposed to be to maximize people's well being. For example, Google is a large corporation because of economies of scale in leveraging search and other apps to capture ad revenue. It makes no profit from serving its users' needs, except indirectly. Similar remarks apply to Facebook and other tech giants.

Second, because centralization in industry is actually dependent, to a large extent, on centralization in government. Large corporations have all kinds of advantages that have nothing to do with serving customers well, and a lot to do with being able to successfully lobby lawmakers and regulators to their advantage. The tech industry is young enough that this process hasn't gone as far as it has in, for example, the US defense industry, where all of the large corporations exist only because they have optimized themselves for getting government contracts.

In other words, large corporations don't have any magical way of getting around the information problem I described, any more than large governments do. They just latch on to a source of profits that doesn't require them to actually aggregate all that information at all.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#185
post #178

Earlier quoted context omitted.

> After the limited time I've spent in my life paying attention to this, I'm not assuming any job, including my own, is safe from automation. So you think things like artistic creativity, service work, craftsmanship, etc. are going to be automated soon? That there will literally be no productive things that humans can do, sometime in the not too distant future? If that is indeed what you think, then I can see why you…

You're making several deep errors regarding what I'm saying. Firstly you're responding as though, at some mysterious date in the future, all people are getting fired and replaced with a robot. It's not going to happen that way, it's going to be a gradual process but I think not as gradual as a lot of people want to think, and I think once it begins it will accelerate exponentially as the technology matures. Not to me…

> you're responding as though, at some mysterious date in the future, all people are getting fired and replaced with a robot

I have said no such thing. I am responding directly to your own statements. You said, in effect, that nobody's job is safe from automation. I just assumed you meant what you said.

> You're still hung up on this idea that productive things are all people can do.

All of the things in question are productive things, by the definition I thought we were using. A "productive" thing is a thing that improves people's lives. Are you saying that artistic creativity, service work, craftsmanship, etc. don't improve people's lives?

> There will always be something for us to do

That contradicts "no one's job is safe from automation", doesn't it?

> We already are seeing the beginnings of a population that can't really produce anything

Again, you're using a much too restrictive definition of "produce". But there's another point here as well.

The basic vision I see you describing is, nobody has to produce anything because all of the necessary production will be done by machines. But who owns the machines?

If the machines are owned by a few centralized entities, then we have the same problem of distribution that we had before--who gets the stuff the machines make? If you think there is any way of setting up a society that will guarantee that such a distribution is going to be fair to the people who don't own the machines, I have some beachfront property in Nebraska I'd like to sell you.

The obvious alternative is to make those machines cheap and small and plentiful enough that we can all have one. In other words, instead of universal basic income, we all are able to buy, at some reasonable price, machines that meet all of our basic needs. Then it will indeed be up to each individual person to decide what, if anything, they want to produce, because they will own all the resources necessary to meet their basic needs.

The difference between these two scenarios is that the first (yours) requires a fundamental change to human nature. I don't think that's going to happen. The second (mine) only requires a change in the kinds of technologies we try to build. That seems like a much better bet.

> this doomsday view also relies on the AI being entirely unaware of empathy, which as a core component of humanity, would likely make its way into the artificial minds humanity creates

This strikes me as overly optimistic handwaving. We have no idea how human brains implement empathy, and none of the artificial devices we have built so far have it. Yet somehow we're going to magically be able to build it into an AI?

> It's a base function of animal and human brains

Which evolved over hundreds of millions of years. I think you're vastly underestimating the amount of complexity that process created.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#186
post #174
post #144

Earlier quoted context omitted.

> We have a lot of means of gathering and analzying information that we didn't have before, and those could be used to accomplish this. I'm also not advocating for a fully planned economy either... Accomplish what? If you don't mean accomplish central control over the economy, then I fail to understand what you mean by "an efficient socialist economy".

Parts of the economy can be controlled centrally, if it makes more sense, or other parts can be decentralized by a variety of different means, including worker co-ops. Even the centralized parts could still operate under a market system if needed, leaving them no worse off information wise than a large corporation. Socialism != Stalinist planned economy. The key part really is the elimination of a capitalist class wh…

> Collective ownership of that capital and "the means of production"

There is no such thing. You've just reinvented the same kind of Communism that the Soviet Union ran a 70-year-plus experiment on. It doesn't work. Control of how capital is used always comes down to a small fraction of humans making the decisions.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#187
post #174
post #144

Earlier quoted context omitted.

> We have a lot of means of gathering and analzying information that we didn't have before, and those could be used to accomplish this. I'm also not advocating for a fully planned economy either... Accomplish what? If you don't mean accomplish central control over the economy, then I fail to understand what you mean by "an efficient socialist economy".

Parts of the economy can be controlled centrally, if it makes more sense, or other parts can be decentralized by a variety of different means, including worker co-ops. Even the centralized parts could still operate under a market system if needed, leaving them no worse off information wise than a large corporation. Socialism != Stalinist planned economy. The key part really is the elimination of a capitalist class wh…

> the elimination of a capitalist class which does not work and hoards and accumulates wealth that's being created by others

"Collective ownership" doesn't solve this problem; it makes it worse.

The only way to solve it is for everybody to own the wealth they create, and then trade. In other words, free markets. "Capitalism" might not be the right name for such a system, but that's because that word has come to mean centralized control of capital, rather than free markets.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#188
post #126
post #96

Earlier quoted context omitted.

In the long term isn't it economically better to get people out of this welfare culture so they can provide for themselves? Gangs aren't formed to feed starving people, they form because the culture is broken. In the long term, placating gangs with welfare money will backfire. Arguably it's the welfare money that significantly led to the culture breakdown in the first place by destroying economic and social structure…

What "culture"? What "gangs"? I'm talking about the mobs that form when enough people lose basic necessities like food and shelter. When enough people have to choose between starving to death or joining the mob that's taking food by any means necessary, most choose the latter. Given the options, that's a rational choice. Nobody wants to be part of a mob starting a food riot, but that's what human s do when you they a…

The people rioting in Baltimore are gangs, not starving, hard working poor people you talk about. The hard working poor people are having their shops vandalized by the rioting gangs.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#189
post #96

Earlier quoted context omitted.

In the long term isn't it economically better to get people out of this welfare culture so they can provide for themselves? Gangs aren't formed to feed starving people, they form because the culture is broken. In the long term, placating gangs with welfare money will backfire. Arguably it's the welfare money that significantly led to the culture breakdown in the first place by destroying economic and social structure…

> In the long term isn't it economically better to get people out of this welfare culture so they can provide for themselves? Gangs aren't formed to feed starving people, they form because the culture is broken. Then it's the culture that needs fixing, not the welfare. > Arguably it's the welfare money that significantly led to the culture breakdown in the first place by destroying economic and social structure. Germ…

Welfare encourages a culture of dependency. Before welfare the social structure formed by religious and civic groups took care of charity and required more accountability and a change in mindset to go along with material aid.

Re: IT is the cause of rising income and wealth inequality since the 1970s [pdf]

#190
post #96

Earlier quoted context omitted.

In the long term isn't it economically better to get people out of this welfare culture so they can provide for themselves? Gangs aren't formed to feed starving people, they form because the culture is broken. In the long term, placating gangs with welfare money will backfire. Arguably it's the welfare money that significantly led to the culture breakdown in the first place by destroying economic and social structure…

> Arguably it's the welfare money that significantly led to the culture breakdown in the first place by destroying economic and social structure. A cursory examination of the level of violent crime (particularly against property holders) in states where there is little or no welfare state compared with those in which there is a pretty comprehensive welfare state would suggest this isn't a very good argument...

Can you link to this information? Americans came from extremely hard conditions, much harder than anyone today experiences and there was not the level of violence and crime we see today. Perhaps you can pay off the violent criminals in the short term but in the long term the criminals will cause social breakdown. People always want more, and if violence and the threat of violence is how they get more that is what they will continue to do.
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