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Slashdot Asks: Do We Need To Plan For a Future Without Jobs And Should We Resort To Universal Basic Income? (vox.com)

Andy Stern (former president of the Service Employees International Union (SEIU), which today represents close to 2 million workers in the United States and Canada) has spent his career organizing workers. He has a warning for all of us: our jobs are really, really doomed. Stern adds that one of the only way outs of this is a universal basic income. Stern has been arguing about the need for a universal basic income (UBI) for more than a year now. Stern pointed out that people with college degrees are not making anywhere near the kind of progress that their parents made, and that it's not their fault. He adds: The possibility that you can end up with job security and retirement attached to it is statistically diminishing over time. The American dream doesn't have to be dead, but it is dying. All the resources and assets are available to make it real. It's just that we have a huge distribution problem. Unions and the government used to play an important part at the top of the market, but this is less true today. The market completely distributes toward those at the top. Unions simply aren't as effective in terms of their impact on the economy, and government has been somewhat on the sidelines in recent years.Making a case for the need of universal basic income, he adds:A universal basic income is essentially giving every single working-age American a check every month, much like we do with social security for elderly people. It's an unconditional stipend, as it were. The reason it's necessary is we're now learning through lots of reputable research that technological change is accelerating, and that this process will continue to displace workers and terminate careers. A significant number of tasks now performed by humans will be performed by machines and artificial intelligence. He warned that we could very well see five million jobs eliminated by the end of the decade because of technology. He elaborates: It looks like the Hunger Games. It's more of what we're beginning to see now: an enclave of extremely successful people at the center and then everyone else on the margins. There will be fewer opportunities in a hollowed out and increasingly zero-sum economy. If capital trumps labor, the people who own will keep getting wealthier and the people who supply labor will become less necessary. And this is exactly what AI and robotics and software are now doing: substituting capital for labor.What's your thoughts on this? Do you think in the next two-three decades to come we will have significantly fewer jobs than we do now?

39 of 917 comments (clear)

  1. Holy flamebait batman! by damn_registrars · · Score: 4, Insightful

    It is well known that the majority voice - both in staff and readers - at slashdot has leaned conservative for over a decade now. UBI is a deeply unpopular idea here, and the fact that it is in this article being promoted by a (former) union leader means that it will be get about as warm of a welcoming here as ebola. I expect one of the next comments in here will either contain or be followed in signature with the usual bit about two wolves and a sheep deciding dinner.

    The bigger problem with this article though is that it really doesn't belong here. This is not a technology issue, or even a science issue. This is an economics issue, and a monetary issue. The jobs aren't going away because people here are being replaced by better technology, the jobs are going away here because people are being replaced by workers in other countries who can work for less. These actions are of course being rewarded by the boards of the companies who are doing this.

    It is, of course, a fact that careers are a foreign concept to most workers now in this country. Few people who are in the labor force now will stay with one employer more than a decade at a time. Retirement is quickly becoming a passing dream for the majority of workers as well.

    --
    Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    1. Re:Holy flamebait batman! by The-Ixian · · Score: 5, Insightful

      I am all for UBI if it can be implemented intelligently.

      I am an able bodied guy and will continue to work. But I understand that there are others who are not as fortunate as me. I have no problem paying for their subsistence.

      The only thing is, we have to do it well if we are going to do it right. Remove loopholes and incentivize productivity as much as possible.

      But, I fear that something this radical is a non-starter for a lot of reasons, not least of which is because it is the much feared socialism which every Mercan knows is synonymous with evil...

      --
      My eyes reflect the stars and a smile lights up my face.
    2. Re:Holy flamebait batman! by damn_registrars · · Score: 4, Insightful

      There's no excuse for anyone on Slashdot, presumably in the well-paying tech field, to be living month-to-month.

      Well-paying tech field? Tell that legend to the people who have jobs in the Bay Area but cannot afford to live there. Or tell it to the recent CSci grads all around the country who find the jobs they expected have vanished and there is no longer a way in to programming for most people with only a 4 year degree. Tell that to admins who are seeing their jobs rapidly outsourced. Tell that to techs finding their entry level jobs simply don't exist any more.

      --
      Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    3. Re:Holy flamebait batman! by losfromla · · Score: 4, Insightful

      Uh, Bernie was pushing Socialism hard and were it not for the entrenched and dirty DNC and the Clinton Machine, he would now be the candidate of the Democratic party. Not all Mercan's are afraid of socialism anymore, mainly because they noticed that the trickle-down policies of a demented B-Movie actor had no basis in reality.

      --
      Only I can judge you.
    4. Re:Holy flamebait batman! by damn_registrars · · Score: 4, Insightful

      Slashdot has always leaned Left.

      With the exception of the front-page articles, the staff, and the readers who comment on stories, perhaps. What would that leave that would represent slashdot, I'm not sure. Maybe the server itself has a Hillary sticker on it (which was likely placed there as a joke in response to the email controversy?)

      I reliably lose points for expressing rightwing opinions of any kind

      For some reason you post at zero. I'm not going to dig into your comment history to figure out why, that is for you to do. If you think you have been moderated unfairly, you can always take it up with the slashdot staff and they will almost certainly correct it. The conservatives I have seen who comment at less than +1 are all in that situation for being offensive trolls, not for sharing conservative opinion.

      articles such as this that espouse leftwing dogma are regularly in the news feeds here

      Regularly as in once every 6-8 weeks? I don't recall a single such "leftwing dogma" article on the front page more recently than late August. By comparison, we have pro-rightwing articles at least once a week - generally much more often than that.

      and the SEIU can only be charitably called a leftwing brownshirt factory.

      Here's a tip for you; that kind of blatant trolling does deserve down-moderation. When you approach people that way you are showing that you don't give a shit what they have to say and that you are posting only because you feel the need to be heard.

      --
      Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    5. Re:Holy flamebait batman! by lenski · · Score: 5, Insightful

      Uh, Bernie was pushing Socialism hard and were it not for the entrenched and dirty DNC and the Clinton Machine, he would now be the candidate of the Democratic party.

      As a Bernie supporter, I would like to respectfully disagree, with the following argument: When Bernie began his challenge, he was nearly unknown to the general voting population. I think that the Democratic Establishment was planning on an essentially uncontested primary season, conserving resources to prepare for what they were certain would be a ugly, expensive general election campaign. They almost certainly failed (*really* failed) to understand the power of so many people that were left out of the conversation during and after the Clinton Triangulation era. (I also Obama arrived with such a delicate economy that his hands were tied...)

      I think that if Bernie had gotten going 2 months (or better, 6 months) earlier in the run-up to the primary, the actions of the party and likely the results of the primary would have been totally different.

      Finally, while think Hillary is too centrist, she has remained standing in the face of attacks that would demotivate nearly everyone else, and to the best of my knowledge is a walking encyclopedia of policy. I am not sure Bernie really had the connections or the policy background. It seems like he has a very attractive philosophy which I had hoped would lead to greater detailed policy objectives and plans.

    6. Re:Holy flamebait batman! by ShanghaiBill · · Score: 4, Insightful

      This place was a huge hotbed of "Gore won!" and "BOOOSH is teh EVUL!"

      Slashdot, like nearly every public forum, is used to bash whomever is in office. So during the Bush administration, we attacked Bush, and now we bash Obama. But that doesn't necessarily mean there was an underlying shift in ideology. People who are happy with the status quo usually aren't very vocal.

    7. Re:Holy flamebait batman! by Anonymous Coward · · Score: 0, Insightful

      "Tell that legend to the people who have jobs in the Bay Area but cannot afford to live there."

      They can leave. There are plenty of jobs that aren't in the vastly overpriced Bay area.

      "Or tell it to the recent CSci grads all around the country who find the jobs they expected have vanished and there is no longer a way in to programming for most people with only a 4 year degree."

      There are plenty of jobs for low experienced grads. Again, maybe not in the Bay Area.

      "Tell that to admins who are seeing their jobs rapidly outsourced."

      If they're an admin, they should have the experience to get another job, an/or the money saved to get by.

      "Tell that to techs finding their entry level jobs simply don't exist any more."

      What jobs don't exist anymore?

    8. Re:Holy flamebait batman! by rmdingler · · Score: 4, Insightful
      Racism is simply a form of tribalism, one of the many settled belief sets it is difficult for the smitten to overcome.

      Don't fall for the false power of outrage given to words. The irony is that racism and race-baiting for votes are equally distasteful strategies.

      --
      Happiness in intelligent people is the rarest thing I know.

      Ernest Hemingway

    9. Re:Holy flamebait batman! by ThosLives · · Score: 3, Insightful

      The problem is UBI is money not goods and services.

      Unless UBI is essentially the government saying "X% of all production is to be distributed equally to all the population" then it's pointless - so essentially, UBI must be fractional (and a significant fraction at that) nationalization of all productive resources.

      If it's not implemented that way, then the inevitable result of UBI is simply inflation.

      --
      "There are a dozen opinions on a matter until you know the truth. Then there is only one." - CS Lewis (paraprhase)
    10. Re:Holy flamebait batman! by lazlo · · Score: 5, Insightful

      You incentivise productivity the same way you always have, by paying for it. The UBI just moves the incentive from "I have to do this or I'll die" to "I can do this and make a better life for myself and my family".

      I'm generally a pretty conservative/libertarian sort of person, and as such UBI makes me more than a little uncomfortable, but I definitely think it's worth thinking about, and disussing amongst people who won't react to it based on knee-jerk predispositions. And at some point, I think it may well become preferable to the alternatives. What kind of changes (both positive and negative) would we see if we used a UBI to completely replace welfare, SNAP, social security, unemployment insurance, disability insurance, and the minimum wage? It's hard to know, but from a basic trade-off standpoint, would the amount of people who decide that living on a UBI is enough for them and permanently slack off balance the amount of people who are afraid that if they get a job, their government checks will stop (whether or not that's a valid fear)? Would the economy find a new equilibrium where every job that Mike Rowe has showcased would suddenly become significantly higher-paying (and much more effort would go into automation for those jobs) because no one *wants* to do them, and people pre-UBI are only willing to if they have no other choices but starvation?

      And how would people abuse this system? If everyone has a guaranteed income for life, will people take advantage of the UBI-only "poor" by giving them loans that eat up their entire UBI and leave them just as broke as before? (The answer to that is yes, they will, so the real question is more like "so how do we prevent that from happening?")

      In the US, I've heard a lot of people talk about our "Puritan work ethic" that says that work is its own reward. I think a UBI would really put that to the test. If it's true (and I personally believe it is) then people will work, even for next to nothing, with a UBI to keep them afloat. Maybe we even get rid of some of the laws that were enacted to keep workers safe from abuse by their employers, because those laws presuppose that you *have* to work to survive and so if an employer is abusive you don't have the freedom to say "screw you, I quit." (Or the laws are based on the notion that work is a finite resource, so if I'm working 80 hours a week, I'm taking food out of the mouths of someone who *could* be working half of those hours)

      All in all, I think it's a fascinating subject, and one that deserves a ton of thought. Unfortunately, it touches so many nerves and goes against so many deeply held beliefs that it's hard to have a conversation about it that doesn't quickly devolve into an ugly mess (see also: this whole slashdot post) And that's a shame.

      --
      Pound! Bang! Bin! Bash! is this a shell script or a Batman comic?
    11. Re:Holy flamebait batman! by turbidostato · · Score: 4, Insightful

      "If it's not implemented that way, then the inevitable result of UBI is simply inflation."

      Exactly that. Money, when working properly is equivalent to some sum of goods and services. Money without that backing of good and services is just inflation.

      But USA is so afraid of anything resembling "communism" even in the slightest that something as obvious as that simply can't go through their skulls. You can tell that quite a lot of countries are half way there, as they already have socialized education and healthcare, with the result of lower social and economic inequalities and a healthier population with longer live expectancies (on top of all that which is already socialized everywhere so they don't even notice like defense, social peace, justice, etc.), so it's "only" a matter of adding food and shelter to the equation -they still will say something like that is utterly impossible.

      In other words:

      "Do We Need To Plan For a Future Without Jobs"

      Maybe yes.

      "And Should We Resort To Universal Basic Income?"

      Surely not.

    12. Re:Holy flamebait batman! by roman_mir · · Score: 2, Insightful

      It's definitely gotten more pronounced in the last few years, going from grumbling about government to out and out hatred of government.

      - good, that's a solution, not a problem. The problem is the government (oppression of the individual freedom by the collective), the solution is removal of the problem.

    13. Re:Holy flamebait batman! by damn_registrars · · Score: 4, Insightful

      You lefties simply have no tolerance for people who are being oppressed by you.

      That is a very strange accusation, there. How are you being "oppressed" by "lefties"? You are posting angry, fact-free, offensive rants on a conservative-dominated board and you are likely being moderated down for being a trolling flamer. If you don't want to be moderated down for being a trolling flamer, try trolling and flaming less.

      The entire look-down-the-nose attitude of your post is very revealing

      You seem to be trying to see things that are simply not there.

      And all of that vitriol is aimed at me,

      I see vitriol coming from you. I responded by showing where you were completely disconnected from reality. I'd be interested in knowing where you think I directed vitriol at you. The closest I came to vitriol in my previous reply to you was directed at your nonsensical rant about the SEIU, yet anyone who viewed both what you said and what I replied with would certainly agree the anger came from your side.

      Despite the fact that I see opinions I disagree with, I don't immediately harass the posters

      You are attacking me in your reply. You haven't presented anything in your comments yet that is the least bit supported by facts.

      or moderate them at all.

      Perhaps you are an exception but I have never before heard of someone who had sufficiently terrible karma to post at 0 and yet was granted moderator points. I have excellent karma and almost never see moderation points.

      I guess it's just you approach people in a way that shows that you don't give a shit what they think

      Another strange assumption there. You have quite simply shown that you have no respect whatsoever for other opinions, or any facts that counter your opinions. I would be willing to have a discussion on these matters with you but you have not shown the slightest bit of interest in such a discussion.

      and you post and moderate

      I post because I have something to say. I do not force anyone to read what I say, they are free to ignore it if they so choose. As I already mentioned, I almost never see moderator points here. And if you know how moderator points work here you would know that you cannot moderate in a discussion where you have posted.

      because you feel the need to exercise your authority over everyone

      In what way does posting exercise authority? You are free to post just as much as I am.

      it's what lefties do, sadly.

      Wait a minute, didn't you just say before that someone else was spewing vitriol and wanted only to harass others? Didn't you accuse someone else of not giving a shit about what others think?

      --
      Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    14. Re:Holy flamebait batman! by ceoyoyo · · Score: 5, Insightful

      No, he's a realist. The world is being reinvented right now, and our silly play money is going to have to be reinvented to match.

      Last time this happened the world changed entirely. We call it the industrial revolution. This time it's going to happen faster, and the changes are going to be much more drastic.

  2. Re:Niggers ... by cayenne8 · · Score: 1, Insightful
    Short answer....NO.

    I see no need to pay for others to sit at home and do nothing.

    Everyone has to contribute....

    --
    Light travels faster than sound. This is why some people appear bright until you hear them speak.........
  3. Accept the fact that technology moves on. by Anonymous Coward · · Score: 5, Insightful

    How many people farmed in 1700? When everyone stopped being farmers did the world end? No we found other stuff to do.

    Did the world end when punch card operators stopped being needed?

    There's more than enough to be done that requires humans.

    1. Re:Accept the fact that technology moves on. by geekmux · · Score: 5, Insightful

      How many people farmed in 1700? When everyone stopped being farmers did the world end? No we found other stuff to do.

      Did the world end when punch card operators stopped being needed?

      There's more than enough to be done that requires humans.

      The only thing we have "more than enough" of on this planet is humans to employ, which does nothing but exacerbate the issue.

      Oh, and stop painting history as if things worked out "just fine" for all those who did lose their jobs to technology decades or centuries ago. People lost their ability to work. They lost their ability to feed their families or themselves. People died because of it, so enough with the ignorance already.

      Also, we as a society had time to adjust to the employment disruptions of yesteryear, and at least offer the unemployed a path to education and another career. We will not be afforded that luxury when A/I is the disruption, because there won't even be a valid reason to educate humans for employment.

  4. UBI is a one way street by petes_PoV · · Score: 4, Insightful
    The point about UBI is that it provides enough to get by on.

    That is fine as a temporary measure, but run the play through for a generation and see where it leads. The first thing that happens is that you have children growing up in an environment where there is no history of earning and no expectation of it. That leads to the question: why bother with an education? Once you start questioning that and consider the costs - books, all the stuff the "other kids" have, trips, the cost of transporting your offspring to school - it all adds up. And to what end? You don't have a job, the next generation is even less likely to have one - why expend energy and time learning stuff that will be no use.

    After that we're really sunk: we have a generation who might just have picked up the basics: speech, a little counting, but who needs nothing more. Even if they are only a proportion of the population they are significant: not least because they will have a vote. But not only do they have no skills, they have no ability to pass on to their kids anything of themselves.

    Sure, there would be machine learning available - but why bother, if you will never need that information or any skills.

    --
    politicians are like babies' nappies: they should both be changed regularly and for the same reasons
    1. Re:UBI is a one way street by losfromla · · Score: 5, Insightful

      Or, it could be more like Star Trek. Where we essentially have reached a post scarcity society and people work for the self-actualization aspect of a job rather than the desperate need to struggle to survive. You might then have children who are raised by parents who have devoted their lives to perfecting some art form, advanced mathematics as a hobby, cooking or woodworking for the bliss of it. Then hey-lets-go-to-Mars because we haven't been there and I would like a challenge since I am not worried about a sickness putting my family in the poor-house for the next ten generations...

      --
      Only I can judge you.
  5. Economic malthusianism by LordLucless · · Score: 2, Insightful

    People have been spouting this prophecy for more than 300 years, and its never come true. Despite incredible technological advancement, more people are employed now than in any point in history. Some people mightl lose out in the short term, but in the long term, the number of jobs only grows.

    A basic income may or may not be a good idea - I know in Australia, that the cost of the bureaucracy attached to our welfare system means that replacing it with a basic income (or better, negative income tax) is actually cheaper for the state. I don't know if the same is true in the US, bu t I wouldn't be surprised if it is.

    --
    Just because you're paranoid doesn't mean there isn't an invisible demon about to eat your face
  6. Re: Niggers ... by Anonymous Coward · · Score: 3, Insightful

    If you don't give poor people enough to satisfy them, they will come to your house and take your stuff.

    UBI is to prevent a revolution, nothing more.

  7. Cut full time down to 30-32 hours to start! by Joe_Dragon · · Score: 5, Insightful

    Cut full time down to 30-32 hours to start! and then start to work on fixing the lack of salary OT or having some kind of limits.

    After some time make full time 20 hours a week.

    1. Re:Cut full time down to 30-32 hours to start! by losfromla · · Score: 4, Insightful

      This is a fantastic idea as well. It might be a way to start heading toward UBI. Maybe we'll never get there but it is a good start. How about German/EU length vacations rather than the paltry two weeks we currently get?

      --
      Only I can judge you.
  8. Re: Niggers ... by Anonymous Coward · · Score: 0, Insightful

    If they come to my house to take my stuff, the AI in the artificial machine guns on the perimeter will recognize it and turn them into swiss cheese.

  9. Shorter hours by Alomex · · Score: 4, Insightful

    We need to plan for a future where people work a lot less hours. Either 4 days a week, or the standard 5 days but with three month vacations. We already have examples of how this can work. There are plenty of YouTube channels of people who work for a while and then travel for a while e.g. Sailing La Vagabonde, Kombi Life, SV Delos (or at least they did before they became YouTube celebrities).

    For people in NorthAmerica both of these options will sound shocking and impossible to implement in practice, even though Europe is not far from already having those in place***

    *** This is not unlike universal healthcare, which works quite well in every developed country in the world, yet it is assumed to be utopic (or straight out communist) in the USA.

  10. Alternative by VernonNemitz · · Score: 4, Insightful

    There is an alternative. The whole notion of UBI depends on the assumption that goods must be purchased. But if they are getting made for essentially free (after costs of capital investment have been recovered; also think in terms of renewable energy and resource-recycling), then why should there be any charge for those goods? Logically, if the goods can be made for free, and obtained for free, an income isn't really quite as important as the OP indicates.

    1. Re:Alternative by BigBuckHunter · · Score: 1, Insightful

      There is an alternative. The whole notion of UBI depends on the assumption that goods must be purchased. But if they are getting made for essentially free (after costs of capital investment have been recovered; also think in terms of renewable energy and resource-recycling), then why should there be any charge for those goods? Logically, if the goods can be made for free, and obtained for free, an income isn't really quite as important as the OP indicates.

      This conflicts with the notion that we should not punish those that have done nothing wrong in order to reward those that have done nothing right. What you're doing isn't avoiding an armed revolution, you're attempting to put the government on the wrong side of it.

    2. Re:Alternative by shaitand · · Score: 3, Insightful

      Money actually does magically appear. Our entire economic system is based on inflation. New money is created from magic fairy dust (or printed by the treasury in the case of paper money) it is loaned, nearly for free, to banks by the federal reserve. The federal reserve is a private bank who can create digital money at will and buy paper money at printing cost (less than 50 cents for a hundred dollar bill) and loan it to anyone they like while keeping all details secret. The banks borrowing must have a fraction of their outstanding funds in holdings at any given time but that doesn't really limit them because they can basically just deposit what they borrowed and then borrow against that at the next accounting. The only real throttle on the banks is the fed rate, if you increase it, they will increase their interest yet more which means less people take out loans, refi, etc.

      With deflationary money, the money itself increases in value as the economy grows this means you need to use smaller and smaller units to enable trade and the pressure to spend equates to need/greed either you need things bad enough you have to spend or you are greedy to reap profits at higher than the rate of deflation. With inflationary money (like ours), the pressure comes from injecting new money into the system, devaluing all existing currency which means you constantly have to get more in order to break even. That new money has to come from somewhere, currently we give it all to the wealthiest people who need it the least, I'm proposing we first use that money for the UBI and then let the banks have what is left the old fashioned with a fed determined higher interest rate.

  11. Asking the wrong question here. by geekmux · · Score: 4, Insightful

    "What's your thoughts on this? Do you think in the next two-three decades to come we will have significantly fewer jobs than we do now?"

    I think we're asking the wrong question here, since the presented question (and answer) is rather obvious.

    It's also rather obvious who will be paying for everyone else when it is only those who "own" who are employed.

    Given that fact, the far more relevant question is quite simple; Recognizing history, what the hell makes governments think they will actually collect on the taxes they expect to get from the uber-rich in order to pay for UBI when they can't even properly collect taxes from the financially elite today?

    Yeah, you're right. There is a huge distribution problem, and it starts with correcting the tax burden distribution.

  12. Re:Niggers ... by losfromla · · Score: 3, Insightful

    You are sitting comfortably on your high (but rapidly disappearing under you) horse decreeing that no one but those able to find the very few jobs left will be able to eat and live. How will you feel when your job is automated out? No, seriously, it can and will happen no matter how skilled you think you are. Your friends, your family, your neighbors, all their jobs automated out. Will you still be have such a cold-hearted view when everyone that you care about that is around you is in dire straits? When the job-less crisis is a world-wide phenomenon?
    What will you contribute when everything you could possibly produce can be produced better, faster, cheaper, with more creativity and flair by a machine? See: https://www.amazon.com/Rise-Ro...

    --
    Only I can judge you.
  13. Re:I don't think UBI would work out because... by Archangel+Michael · · Score: 3, Insightful

    Progressive Redistribution models fail because eventually you run out of other people's money. There is no incentive to contribute to people who are otherwise able, but are unwilling to work. Our current formula is that about 1/3 of the American workforce is out of the labor market, any much more and it becomes even less sustainable than it is now. And for all Obama and the budget measures of the Republicans, our debt has more than doubled in the last eight years, with stagflation we haven't seen since Carter. Jobs growth is gone, economy is anemic, more and more people are simply giving up.

    Meanwhile the Democrats answer is to "Tax you" more. (See Hillary's proposals) and increase government spending (see Hillary's proposals for job growth). Taxes, all of them, are regressive. The rich can avoid them (See Trump), and the poor don't pay them, the middle class always gets stuck with them.

    The ONLY real answer is to get government out of picking winners and losers in the economy.

    AND before you start, no, grandma wont starve, and no we don't need to be like Somalia. We have enough Fear Mongering going on with Trump and Clinton.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  14. Re:basic income by MightyMartian · · Score: 4, Insightful

    This is when Libertarianism just turns into Fascism, where certain types of Libertarians actually show themselves to be wannabe autocrats who want to create a tiered society where, presumably, they're at the top, in possession of special privileges like voting.

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
  15. One word: competition by justthinkit · · Score: 3, Insightful

    One word: competition. Only if they have a legal monopoly (e.g. patent) can someone charge what the market will bear. Once that expires, the market will be open and competitors will appear based on how excessive the first company's mark-up is. Once the mark-up drops to a reasonable profit level, no new competitors will come in. Then you have stable pricing. Like in laptops and desktops today, for example.

    As to your beverage example, I'm pretty sure soda companies advertise. Yet a recent article said that 70% of marketing costs are spent to ensure shelf space. So there are plenty of other costs besides the bottle, flavors, sugar and things like RO filtering etc.

    --
    I come here for the love
  16. Re:Niggers ... by lgw · · Score: 3, Insightful

    So how about the people who happen to own the machines? Do they have to contribute

    "Happen to own", yep. Contributed nothing to get them, nope, you did not build that. Just happened to own. Woke up one day and the machine fairy had left them a factory under their pillow. Just happened one day.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  17. Re:UBI? Often discussed but premature, IMO ..... by Anonymous Coward · · Score: 2, Insightful

    From what I've observed on the hiring end of the equation? There are actually a lot of decent-paying, respectable jobs out there that go unfilled for months because the quality of the applicants is pretty terrible. My wife recently helped interview over a dozen people for a computer support job at a local college, and she showed me the "best of the bunch" of 40 or 50 resumes they received. We were laughing at how bad several were, including misspellings and people who had NO clue how to sell themselves as having any useful skills.

    You weren't offering sufficient compensation/opportunity to attract quality applicants. Its really that simple.

    The problem is that there are a lot of poorly run businesses/institutions that can not afford to attract the talent they need to crawl out of their mediocre rut. Attracting qualified people is simply impossible, so they rationalize accordingly.

  18. Re: Niggers ... by saloomy · · Score: 4, Insightful

    There are more fundamental questions here than just UBI. For the past 30,000 years, mankind has settled, and formed civilization amongst ourselves predicated on the notion that specialization and trade increases yields for the society as a whole. 1 guy can make more bread full time than 5 guys who only make the bread they need. This is the first economic principle of economies of scale. As time went on, the need for general purchasing (armies, ships, government coordination, central planning, etc...) meant that standard units of value had to be made, so that the trading can become coordinated and standardized. Money was born, and the price system itself was created. It was the first form of middleware. Suddenly you could trade with whole horses of people all around the world, using money and the price system in free markets to coordinate. When you buy a laptop, you trade a portion of your skill and profession for some plastic, some metal, some silicon, some machine time, design, manufacturing, standards, IP, etc... to bring you a laptop. You traded with hundreds of thousands of people to bring the laptop to you. That price system, and the money system that backs it, is the basis for today's global civilization and economy. The best value propositions won the market and were in demand to trade. Now, I don't want to trade with you. I want to trade with a machine that has a better value proposition than you do. The problem is, there's a machine that has a better value proposition than me. The net effect is that our trade-based system is breaking down. The old basis for civilization no longer functions. So to does the need for people. The more people I had to trade with, the more value I got for my profession. Now that paradigm is going away. We need instead more machines and less people. This raises ethical questions. How many people do we need? Should we still incentivize child-rearing? Should we still allow unlimited population growth? We don't need more people. For the health of the environment and sustainable living, we need less. But what replaces trade and money? I don't know the right answers, but I think that we have to frame the question correctly before we solve it.

  19. Basic Scrutiny by s.petry · · Score: 2, Insightful

    BI will not work and will lead to severe social problems. Basic reasoning and logic is why people dislike the idea, not because of a political party or affiliation. Let me give a couple of the major points on why it would fail, but to be perfectly honest this is not a Slashdot discussion but a much longer debate.

    1. Cost of Living: BI does not consider the variances in cost of living. A person in CA would need a BI of about 80K/yr in the Bay area, but a BI of 30K in Detroit. So simple you say, get it done. Now you have humans being trafficked to CA to live in mass shanty towns to generate massive amounts of cash to be sent back to Detroit. This already happens with expensive items and drugs, so it can not simply be dismissed when discussing BI.

    2. Where does the cash come from? BI exceeds the total GDP today or you don't have BI. I don't care if you take all of Bill Gates money, Clinton's money, Zuckerberg's money, and any other rich person you can think of. It will not pay the bill, and surely can't sustain the bill.

    3. It can not replace current Welfare systems and still requires those same programs. The US Welfare system is a way of life for many. Many are mentally ill, but some are addicts who choose not to get help to correct themselves so live off of the State. Giving them a bucket of cash just gives them more money to spend as they see fit. There is no assurances that they will use BI for food, utilities, housing, or any other purpose one claims BI is for. Welfare programs are not getting the majority of recipeients on their feet after a fall, but are a method of maintaining a class of people dependent on the Government. Intentional or not, that is how the system works. Get married, lose benefits. Get a job, lose benefits. Have a kid out of wedlock, gain benefits. Quit your job, gain benefits. We have not fixed what we have so there is no reason to believe that BI is some magic bullet that gets people to behave responsibly and for the betterment of themselves and society.

    Now some may say "but item 2 and 3 can be protected against" to which I say horse dookie. Unless you want a massive amount of BI police consuming even more tax money it can't happen. Further, there are many in politics who want more of a dependent class. That is how many people stay in power.

    --

    -The wise argue that there are few absolutes, the fool argues that there are no probabilities.

    1. Re:Basic Scrutiny by bluefoxlucid · · Score: 3, Insightful

      Cost of Living: BI does not consider the variances in cost of living. A person in CA would need a BI of about 80K/yr in the Bay area, but a BI of 30K in Detroit. So simple you say, get it done. Now you have humans being trafficked to CA to live in mass shanty towns to generate massive amounts of cash to be sent back to Detroit.

      You answered your own question, sort of.

      In New York State, Baltimore City, California, Washington State, and really all over America, there's a broad distribution of low-income neighborhoods with an average rent of $1-$1.06/sqft. Food in Seattle grocery stores costs approximately the same as food in Baltimore City grocery stores--for example: 10 pounds of Pinto beans costs $5.83 in Baltimore, MD and $6.16 in Seattle, WA. Flour, bacon, eggs, and other commodities are similar. The same goes for personal care items.

      It's not so much that people will bus to Detroit as it is that they'll bus to the same low-income areas as they do currently.

      BI exceeds the total GDP today or you don't have BI.

      Using 2013 as a model, it's possible (although unpleasant) to create a single-individual budget from retail prices. Food is the riskiest, while clothing and personal care are the most flexible; housing is the most-complex.

      It's possible to incorporate a serving of vegetables, meat, and large amounts of beans or rice into the diet each day in as little as $25 for 2000kcal/day for 30 days. That includes things like Sam's Club's rotisserie chickens, eggs, some bacon, pancake syrup, and a few other so-called luxuries that don't seem luxurious. I based the original budget on a $100/month food budget, and eventually altered that to use a combined food, clothing, and personal care budget, because the latter two are flexible and food is volatile (it's easy to overspend on food).

      In 2013, that combined budget was $170; the 2015 number is $181, accounting for income and population growth.

      Housing is trickier. Landlords face increasing risk as incomes lower: low-income tenants have no savings, and often face loss of hours or jobs. Evictions and empty units become more-common, and so the cost-of-risk goes into rent. For example: if for every 10 units you will face the cost of 1 empty unit (through the combined cost of all risks), then a $250 unit has to rent for $275 to maintain the same profit.

      Risk-reduction is inherent in a UBI, notably in my Universal Social Security plan, because the benefit isn't counted as income. That means it can't be taxed, garnered, or seized. Further risk-reduction is possible, for example by entering into a two-party agreement mediated by the Social Security Administration: the exact rent is direct-deposited to your landlord, and you get the remainder; if either party cancels this agreement, both receive immediate notice. As well, tenants can buy their way out of the cost-of-risk by placing a larger security deposit as an insurance fund against their own risk.

      All of this means we can rent stably to these people at a profit. I expect landlords with many units would invest cautiously, at first adding a few units for such tenants to see how the market works, then expanding when they've identified and learned to control risk--hence why transitioning is so delicate (you have to transition without disrupting current welfare e.g. HUD until the market adapts).

      With a 224sqft single-occupancy apartment (I've done some designs), $300/month in my original budget gives $1.34/sqft. In 2015, that portion of the budget represents $1.43/sqft. The per-square-foot cost of construction is similar to the cost of building any other unit, although there might be $15-$20/month ($0.07-$0.09/sqft) of additional fixed costs (bathroom and kitchen), assuming everything has a 15-year life. The average life of a kitchen sink or cabinet is 50 years, while the faucet does last about 15; cheap countertops last over a decade and can be relaminated; and bathroom fixtures