221–230 of 418 posts
Summary of article: in an uncertain job market, some young people are going into blue collar trades. Others are starting startups. Others are powering through. Journalist says some words about "AI" being the cause of all this uncertainty.
Your role writing these summaries could be outsourced to Ai if you don't improve your productivity.
So a lot of people might lose their jobs because of AI, right? But the same amount of economic output, probably more, will be produced because of AI. By whom will that output then be consumed? If people don't have jobs they don't have money to buy and therefore ... prices will have to come down! Society as a whole will be better off because there is more output, better quality output. Then it's for us to vote in a go…
Maybe you will have a class that can afford things and services, and another class who can only afford services and service based things.
Some one own things, others will rent them fractionally.
Earlier quoted context omitted.
How would they lower the prices to 0 in this scenario, if they have to keep operating their AI-driver-army?
Lowering the cost of travel to 0 would mean implementing a technology by which anyone can simply desire to be somewhere else, and they will instantly teleport to that new location. returnInfinity is simply lying about not doing double (or more!) the amount of travel in that case.
Maybe returnInfinity already spends 12 hours a day in Ubers, or otherwise has them satisfy all his transportation needs, and couldn't usefully double his usage of them.
So a lot of people might lose their jobs because of AI, right? But the same amount of economic output, probably more, will be produced because of AI. By whom will that output then be consumed? If people don't have jobs they don't have money to buy and therefore ... prices will have to come down! Society as a whole will be better off because there is more output, better quality output. Then it's for us to vote in a go…
Progressive taxes hit wage earners, while its the owners who will reap the benefits of AI. We won't get a share of the fruits without solving how to properly tax wealth(in a world where money is power, and its trivial for rich people to move to a different tax regime), which unfortunately seems tabu in large parts of the western world.
Summary of article: in an uncertain job market, some young people are going into blue collar trades. Others are starting startups. Others are powering through. Journalist says some words about "AI" being the cause of all this uncertainty.
- Price of housing and associated maintenance keeps rising, and so do small jobs like fixing plumbing, gardening, etc; - You can easily avoid paying VAT if you know how to, so that's a 20% increase, or even more, if you can benefit from social services (e.g. since you don't earn a lot, you pay less for several services); - Doing the fixes yourself saves lots of money; - Avoids several burn out and mental health issues related to stress such as academia, bullshit jobs, etc; - No need to spend years in school, so you can save money earlier and invest it.
One disadvantage is that the barrier to entry is somewhat low; but the PhD students also have to compete with cheap international labor, so in the end, someone 25 years old that just left grad school is happy to earn, say, 2000€, while someone in the trades can easily make 200€/day with just one appointment.
So, if you're physically fit for blue collar work, there are currently few reasons not do it.
I don’t think kids should be insulating from AI. The examples in this article suggest for example that some people are dropping out of college and going into trade schools. I get that society needs electricians and construction workers and new software graduates are finding it difficult to get jobs. But having had a moderately successful career building software, I tend to think there is a lot of scope for the $40 tr…
So far, the demand curve of software has been very favorable, and I don't think that will change soon. If software was 10x cheaper to develop that makes a lot of features and projects attractive that would have been too expensive before. So far every single efficiency improvement in programming has lead to more demand for programmers because of this. At some point there is a limit of useful things to do, but I don't think we are close to it yet
But as someone choosing which college to go to you don't just have to think about the next decade, you have to think about the next half century. I am confident software engineering will be in a good place in 10 years, but I have no clue where we will stand in 20.
Earlier quoted context omitted.
Lowering the cost of travel to 0 would mean implementing a technology by which anyone can simply desire to be somewhere else, and they will instantly teleport to that new location. returnInfinity is simply lying about not doing double (or more!) the amount of travel in that case.
Who said anything about instantly teleporting? Uber could cut the cost in money to 0 but still operate cars which are bound by the laws of physics and the rules of the road. Maybe returnInfinity already spends 12 hours a day in Ubers, or otherwise has them satisfy all his transportation needs, and couldn't usefully double his usage of them.
It's impossible for them to cut the cost to 0 (without using magic), but that doesn't make it impossible for us to talk about what the cost being 0 would involve. Travel time is one of the costs you pay for Uber's service. That you don't pay it to Uber doesn't matter. If Uber reduced that cost to 0, you would use Uber a lot more.
Summary of article: in an uncertain job market, some young people are going into blue collar trades. Others are starting startups. Others are powering through. Journalist says some words about "AI" being the cause of all this uncertainty.
Not sure how it works in the US, but in some parts of Europe, blue collar trades are currently much better, for several reasons: - Price of housing and associated maintenance keeps rising, and so do small jobs like fixing plumbing, gardening, etc; - You can easily avoid paying VAT if you know how to, so that's a 20% increase, or even more, if you can benefit from social services (e.g. since you don't earn a lot, you…
Interesting. Would you care to enlighten us on a legal way to do this ?
Earlier quoted context omitted.
Not sure how it works in the US, but in some parts of Europe, blue collar trades are currently much better, for several reasons: - Price of housing and associated maintenance keeps rising, and so do small jobs like fixing plumbing, gardening, etc; - You can easily avoid paying VAT if you know how to, so that's a 20% increase, or even more, if you can benefit from social services (e.g. since you don't earn a lot, you…
"You can easily avoid paying VAT if you know how to" Interesting. Would you care to enlighten us on a legal way to do this ?
Of course, the parent may also have been referring to getting clients to pay in cash and not putting anything on the books, at the expense of getting barely any pension in the end, but that's not how I read it. This is getting somewhat less common because people are more likely than 20 years ago to get a loan from a bank to pay for renovation work, and the bank will want to see invoices.
Summary of article: in an uncertain job market, some young people are going into blue collar trades. Others are starting startups. Others are powering through. Journalist says some words about "AI" being the cause of all this uncertainty.
Not sure how it works in the US, but in some parts of Europe, blue collar trades are currently much better, for several reasons: - Price of housing and associated maintenance keeps rising, and so do small jobs like fixing plumbing, gardening, etc; - You can easily avoid paying VAT if you know how to, so that's a 20% increase, or even more, if you can benefit from social services (e.g. since you don't earn a lot, you…
A lot of stuff in the US is absurdly easy, as well. For example, in my area, pretty much all plumbing is PVC or PEX. Anyone on HN can learn very quickly how to work with this stuff and it's very cheap. There are very few repairs, for example, you could ever need to do that would cost more than having a plumber just show up and look at it - even accounting for buying tools.