771–780 of 823 posts
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Which European countries?
"Good" life might be bit questionable. But Finland at least it is possible. Existence will be meagre without other cashflows in cash. Might even be okay if you can make proper amount of cash.
My dad was a stock broker in the late 1970s and remembers when most of trading was 100% manual and firms actually had "runners" who would take stock certificates back and forth between trading firms. He has this great quote about when computers came out: "We were told 'computers will save you so much time on work tasks that you won't even know what to do with your free time'. I spent the next 30 years working the sam…
"Too cheap to meter"
My dad was a stock broker in the late 1970s and remembers when most of trading was 100% manual and firms actually had "runners" who would take stock certificates back and forth between trading firms. He has this great quote about when computers came out: "We were told 'computers will save you so much time on work tasks that you won't even know what to do with your free time'. I spent the next 30 years working the sam…
sounds like the promise of nuclear power... "Too cheap to meter" https://en.wikipedia.org/wiki/Too_cheap_to_meter
They used to charge you by the minute but now it's easier to just charge you a flat charge per month.
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I think it’s pretty naive to ask your employer for a day off. As experienced by companies, the market is more competitive than ever. Whoever slows down will get eaten by some hungry upstart that is willing to work 996 to eat the incumbent’s lunch. It’s a Prisoner’s Dilemma. The only way to get this outcome is to coordinate at a level higher than individual market participants. In other words, get your government to i…
Whoever slows down will get eaten by some hungry upstart that is willing to work 996 to eat the incumbent’s lunch. Is this true? There are a lot of low-productivity and zombie companies trudging through year after year.
From what I see in the market, it looks obviously true.
I’m sure there are lots of zombies too, they will die quickly IMO. Bad time to be a zombie, possibly the worst time ever.
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Is society better off? Honest question, you used to be able to support a family of four with a single 9-5.
You could still do that if you are ok living at 1950 standard of living. Average income back then was $26k in today’s dollars. Even low paying jobs today are better than that. I’m sure you will say something about housing costing more, which it does. But also many things cost less, such as food and clothing.
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Can you give some examples of jobs that are usually done by salaried employees and are paid by output? All the examples I can think of, are usually done by independent contractors.
i think we could say with a high level of certainty that someone with a subpar output will typically be punished in some way. it feels very disingenuous to pretend there aren’t expectations of a certain level of output.
Sorry, I'd rather have a higher quality of living for most people (as evidenced by any huge development in technology) rather than humanity stagnating. This post is quite myopic.
I'm deadly certain that routing more of society into producing SaaS webapp shovelware (and the infrastructure to support it) is not in fact going to improve quality of life, and will in fact cause us to stagnate.
Sorry, I'd rather have a higher quality of living for most people (as evidenced by any huge development in technology) rather than humanity stagnating. This post is quite myopic.
You think if people worked less technological progress would just completely seize up and humanity stagnate? I find that pretty hard to believe and see no evidence to support that.
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Everything you say is correct but it comes with a massive decrease in quality of life for the average person. Food will be 5x the cost, with less variety. Nobody wants to till the land anymore. Just like people 100 years ago didn't want to be hunters. Are you willing to part with your smartphone and computer? I would bet not.
> Food will be 5x the cost, with less variety. Highly disagree. If anything we'll see more variety because mass produced food has settled on a very limited set of breeds (both for plants and animals) to keep timing and yield consistent.
I want what you are smoking.