Nevada approves regulations for self-driving cars
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Re: Nevada approves regulations for self-driving cars
#92Earlier quoted context omitted.
That won't help. Everyone in the area will likely be travelling to work around the same time.
A setup like this should theoretically be able to optimize carpooling so as to minimize that. A smart automated system should be able to figure out how to efficiently cram 3-5 people into every car by optimizing routes. Of course, in actuality there would be plenty of people who would demand their own private car out of principle.
Re: Nevada approves regulations for self-driving cars
#93Hunter S. Thompson would have loved this.
Re: Nevada approves regulations for self-driving cars
#94Earlier quoted context omitted.
short version, politics & tragedy of the commons. Anything is possible, I just can't imagine a (US) municipality that's able to implement an entirely new public service. IIRC, community wi-fi keeps getting sued by companies that want to make money. First, none can afford it. Second the US, IMHO, is really hostile toward any sort of government service. Even if those were non-issues, you still have to solve the problem…
Seattle has a light rail system they only booted up a few years ago. They had to build a completely new set of rails everywhere to do it. I'll admit I don't know the details of its history, since I wasn't paying attention, but it's utterly possible.
Re: Nevada approves regulations for self-driving cars
#95The question of the self-driving car is much more complicated I think than the benefit it will bring. The consequences to the labor market will be interesting to say the least. Just imagine. No taxi drivers No UPS delivery truck drivers (automated delivery anyone) No truckers Less cars produced, less people building cars. Less doctors, hospitals etc due to less accidents. I don't remember who said that we are enterin…
True socialism is my guess.
When you don't have profits, and you don't have market prices, then you have no idea when you should be switching away from some resources and using others. Resources get squandered, there's no way to make sure they go to their most valued use. That's the beauty of Capitalism, we make sure resources go to where they are most needed by selling it to the highest bidder.
Ex: If copper prices go up, some people - those who can - will substitute away from it, thus allowing the copper to go to it's most valued use.
If interested, I recommend 'Economic Calculation in the Socialist Commonwealth' by Ludvig Von Mises [http://mises.org/econcalc.asp]
Also good is Friedrich Hayek's 'Competition as a Discovery Procedure' [http://mises.org/journals/qjae/pdf/qjae5_3_3.pdf]
Re: Nevada approves regulations for self-driving cars
#96Earlier quoted context omitted.
Or if everyone moves towards self-driving taxi's, then the car takes you to work, then takes someone from near there somewhere else, etc, so you're really talking not much more extra driving, but saving tons on building fewer cars, fewer parking lots, and economies of scales for buying gas and maintaining the cars.
That won't help. Everyone in the area will likely be travelling to work around the same time.
Re: Nevada approves regulations for self-driving cars
#97The question of the self-driving car is much more complicated I think than the benefit it will bring. The consequences to the labor market will be interesting to say the least. Just imagine. No taxi drivers No UPS delivery truck drivers (automated delivery anyone) No truckers Less cars produced, less people building cars. Less doctors, hospitals etc due to less accidents. I don't remember who said that we are enterin…
Re: Nevada approves regulations for self-driving cars
#98Earlier quoted context omitted.
True socialism is my guess.
Socialism is impossible, due to the inability to use economic calculation when the means of production are State controlled. When you don't have profits, and you don't have market prices, then you have no idea when you should be switching away from some resources and using others. Resources get squandered, there's no way to make sure they go to their most valued use. That's the beauty of Capitalism, we make sure reso…
Re: Nevada approves regulations for self-driving cars
#99The question of the self-driving car is much more complicated I think than the benefit it will bring. The consequences to the labor market will be interesting to say the least. Just imagine. No taxi drivers No UPS delivery truck drivers (automated delivery anyone) No truckers Less cars produced, less people building cars. Less doctors, hospitals etc due to less accidents. I don't remember who said that we are enterin…
It's incorrect to say "less need for labor" because labor in general is the most scarce resource (it's easy to prove: we have unused natural resources and capital always requires labor to make them work and maintain them). This is exactly why everybody tries to build capital which makes labor more efficient. It is clearly more efficient for a man to control 10 cars with a computer instead of the one with his bare han…
As machines continue to replace humans in tasks that can be automated, fewer unskilled jobs will be left for less-educated segments of the labor force. As technology automates new processes that previously required human labor, the educational barrier to entry becomes higher for the jobs that are left, because the easier productivity problems have been solved.