Americans really have a bad sense of numbers. The ideal chart is basically impossible. How could the top 20% only own three times of wealth of the bottom 20%?
Wealth inequality in America [video]
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Re: Wealth inequality in America [video]
#12Inequality is a problem, but charts like these made with linear scales are disingenuos IMO. Power laws ppl!
Re: Wealth inequality in America [video]
#13Earlier quoted context omitted.
You call it "eliminating jobs", I call it "freeing up humans from doing pointless work" The point of life isn't employment. There are so many incredible problems to solve in this universe. Humans are very smart and creative, and having them do any task that doesn't fully leverage their intelligence and creativity is a waste. That's why we automate.
At present time: job = need money to survive in our current society In an ideal future (not here, not now): job = personal development in some desired activity So in the current reality we live in now, not having a job is (still) not freeing humans, its almost the reverse - its casting humans out of economic power, which in turn is reducing the humans ability to have a normal life
Of course - freeing humans from their jobs reduces their economic power. But that's expected. Remember that humans aren't entitled to economic power by default. We need to earn it. If a machine has more economic power than a human, then that human needs to gain the skills and knowledge in order to regain their relevance in the economy.
I'm not saying this like this is how things "should be". This is how things are today, and how they have been since the dawn of the industrial revolution. The only difference is that today we have even better machines, so it's harder for humans to compete.