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Many CEOs Believe Technology Will Make People Largely Irrelevant (betanews.com)

An anonymous reader shares a report on BetaNews:Although artificial intelligence (AI), robotics and other emerging technologies may reshape the world as we know it, a new global study has revealed that the many CEOs now value technology over people when it comes to the future of their businesses. The study was conducted by the Los Angeles-based management consultant firm Korn Ferry that interviewed 800 business leaders across a variety of multi-million and multi-billion dollar global organizations. The firm says that 44 percent of the CEOs surveyed agreed that robotics, automation and AI would reshape the future of many work places by making people "largely irrelevant." The global managing director of solutions at Korn Ferry Jean-Marc Laouchez explains why many CEOs have adopted this controversial mindset, saying: "Leaders may be facing what experts call a tangibility bias. Facing uncertainty, they are putting priority in their thinking, planning and execution on the tangible -- what they can see, touch and measure, such as technology instruments."

541 comments

  1. Well by Anonymous Coward · · Score: 0

    At least we will have lots of free time in the future...

    1. Re:Well by Anonymous Coward · · Score: 1

      At least we will have lots of free time in the future...

      You're forgetting what sociopaths like CEOs and politicians prefer to do with irrelevant parasites who are using up the sociopaths' precious resources without providing reciprocal benefit.

    2. Re: Well by Type44Q · · Score: 2

      You're forgetting what sociopaths like CEOs and politicians prefer to do with irrelevant parasites

      Kill themselves?? Hey, we can always hope...

    3. Re:Well by hambone142 · · Score: 1

      So tell me, where does "technology" come from?

      (Drum roll)

      People. The problem is the moronic CEOs of late just don't get that idea. We are seeing that with HP for example. They've gutted the people that were the innovation of the company from myopic "management" that can't invent anything. It's not limited to HP but that is a good indication of things gone wrong.

      The MBA's solution is to procure a company instead of inventing technology but in the end, someone has to actually invent something new. Those things are called "people" (as I whack myself in the forehead with the palm of my hand).

    4. Re:Well by Humbubba · · Score: 1
      I forgot, are comments supposed to be snide, rude, tolls, droll, tasteless, thoughtful, banal or poignant?

      Well then..

      Gimme that Universal Basic Income, and many CEOs will be largely irrelevant.

    5. Re: Well by Anonymous Coward · · Score: 0

      Until the technology comes from technology.

    6. Re:Well by ArmoredDragon · · Score: 1

      You're forgetting what sociopaths like CEOs and politicians prefer to do with irrelevant parasites who are using up the sociopaths' precious resources without providing reciprocal benefit.

      Actually the term you're looking for is a psychopath, and they gravitate towards (among other things) surgeons, journalists, chefs, lawyers and civil servants. They're not that likely to be politicians though. And, psychopaths in many cases have a pet cause that they'll devote all of their energy to at the expense of other things; for example they'll sometimes be animal rights activists, and in deeper manifestations become eco terrorists.

    7. Re: Well by Anonymous Coward · · Score: 0

      Yo dood I heard you tech likes to tech the tech, so tech teched the tech tech for you

    8. Re:Well by Anonymous Coward · · Score: 0

      Citations needed there, bucko.

    9. Re: Well by Anonymous Coward · · Score: 0

      Of course Malcolm,that's why the world's prisons are full of those with sociopathic and psychopathic tendencies,very little evidence to back your case..
      Everyone is mad,just some more than others ...

    10. Re:Well by turbidostato · · Score: 1

      " Gimme that Universal Basic Income, and many CEOs will be largely irrelevant."

      Within current context, UBI would only bring you inflation and would be well below Basic.

    11. Re:Well by Big+Hairy+Ian · · Score: 1

      Many CEOs Believe Technology Will Make People Largely Irrelevant

      DOH! Slashdot proved people were irrelevant years ago!

      --

      Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

    12. Re: Well by Anonymous Coward · · Score: 0

      Give it a rest, bucko

    13. Re:Well by Humbubba · · Score: 1

      Within current context, UBI would only bring you inflation and would be well below Basic.

      I suppose the UBI could be tied to inflation directly. But I suspect you mean something more profound. If you mean the libertarian-neoliberal-Paul Ryan context, yes, UBI will never work. For them, even New Deal stuff like SSI and the Education Department has to go, so yes, no UBI for you. Hell, there's a big argument there, whether government has a role at all. Seriously. Remember Ronald Regan's famous "The 9 most terrifying words of the English language are 'I'm from the government and I'm here to help'"? Same difference.

      I resist trashing all their "the market is a super information processor, smarter than everyone" stuff. But I do disagree, think it's predatory in practice, and will put us somewhere between where Greece is now and Chili was under Pinochet.

      Artificial Intelligence is coming to take our jobs away, and we better think of something. Arts & Crafts, subsistence farming, sabotage - it's all been tried before with mixed success. Maybe there is a role for government after all.

    14. Re:Well by turbidostato · · Score: 1

      "I suppose the UBI could be tied to inflation directly. But I suspect you mean something more profound."

      Not very profound. Just that when you increase the monetary mass, prices tend to rise accordingly. This was already observed by Adam Smith and you could observe as recently as the last credit bubble: you give people (by means of easy credit) more money to buy houses? Houses prices skyrocket. It is the way price get adjusted: the vendor just rises his products' prices till people stops buying them -that's the market price of something.

    15. Re: Well by Anonymous Coward · · Score: 0

      The real term is sociopath, the folks who are devoid of empathy, cold blooded killers. Will roll over everything and everyone in order to achieve an objective, mostly profit.

    16. Re: Well by ArmoredDragon · · Score: 1

      No, most CEOs don't count as a sociopath. As I mentioned, a psychopath will bond to a particular cause often at the expense of others. In the case of a CEO, that's usually their company. For a career like a surgeon, their cause is their patients, sometimes treating the operating room assistants like shit but devoting their utmost care and attention to the patient.

      A psychopath can be a sociopath, and when that happens, their pet cause is usually themselves, though it can also be their family, their pets, etc.

    17. Re:Well by Humbubba · · Score: 1
      turbidostato said

      ... when you increase the monetary mass, prices tend to rise accordingly. This was already observed by Adam Smith and you could observe as recently as the last credit bubble....

      I think the credit bubble was caused by deregulation leading to no transparency in the markets; the liar's loans of financial institutions, often with inadequate reserves and officers bent on bankrupting their business in the pursuit of self interest; Gresham's law ("bad money drives out good"); the obfuscating repackaging of toxic subprime loans, sold as safe, and bet against by the very crooks that sold them; and complicit regulators, hedge funds, commodity options and derivates markets, real estate brokers and credit ratings agencies. When the bubble burst, Obama came in to save the day. He gave trillions to those same corporate crooks that caused all this in the first place, leaving the private sector with a loss of $14 trillion bucks.

      Oh, and the US banks have a $247 trillion debt on their books right now - 13 times the size of the current US national debt. Wonder what's next?

      But, hey, I could be wrong. Adam Smith's ideas on Supply and Demand, pursuing self interest, and the de-regulatory "keep the government's hands off the market" could still be working 240 odd years later, since The Wealth of Nations was first published. To me, though, all of this seems more of a cover for those corporate crooks.

    18. Re:Well by turbidostato · · Score: 1

      "I think the credit bubble was caused by deregulation leading to no transparency in the markets;"

      Yes, but that's not the point: the point is that when you increase the money supply, (be it by UBI or easy credit to people that couldn't return it back because of deregulation) the end result is the same: inflation. The same people that ended up defaulting on their mortages (because they shouldn't have had one in the begining) is the same people that won't attain "basic survivancy" (because inflation will eat their UBI).

      "But, hey, I could be wrong."

      I think that, yes, you are -in the sense that you didn't read the wealth of nations cover to cover (specially on its last chapters makes obvious that laws, taxes and wealth redistribution should always focus on the advancement of the whole society *and*, because of that, somehow against the few richest ones within them). Smith stated that simply putting money in the hands of people doesn't make them rich: it doesn't matter if the money comes from easy silver from South American mines or crooks massaging the system so people get mortages that won't be able to pay back. Oh, and Smith was also very confrontational against speculatory crooks

  2. Better be ready to be beat up when layed off worke by Joe_Dragon · · Score: 5, Insightful

    Better be ready to be beat up when layed off workers find out it's better to be in lock up then out on the street.

  3. au contraire by Thud457 · · Score: 2

    conterpoint : Technology will make the few remaining people necessary to run your business increasingly crucial .
    Sucks for the rest of the consumers though.

    --

    the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

    1. Re:au contraire by pr0fessor · · Score: 1

      How many people does it take to run robot factories that makes products for the largely irrelevant unemployed people who used to work in those factories to buy?

    2. Re:au contraire by ranton · · Score: 1

      How many people does it take to run robot factories that makes products for the largely irrelevant unemployed people who used to work in those factories to buy?

      I have a feeling companies will continue to make money targeting people on welfare.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    3. Re:au contraire by slew · · Score: 1

      conterpoint : Technology will make the few remaining people necessary to run your business increasingly crucial .

      Sucks for the rest of the consumers though.

      Except the supply of qualified people for those few remaining positions will probably greatly exceed the demand...

    4. Re:au contraire by Shajenko42 · · Score: 1

      Not if the remaining people encrypt everything, delete all training material, and install timebombs in the mainframe.

      Sure, prosecute them, but then you just guarantee your company goes under.

    5. Re:au contraire by Anonymous Coward · · Score: 0

      Not if the remaining people encrypt everything, delete all training material, and install timebombs in the mainframe.
        Sure, prosecute them, but then you just guarantee your company goes under.

      While you are at it why not just kidnap their children and demand a ransom? It's not like people haven't done both of these...

      https://www.schneier.com/blog/archives/2008/07/disgruntled_emp.html

      http://sacramento.cbslocal.com/2016/10/07/schools-virtual-kidnapping-scam-targeting-parents-for-ransom/

  4. "people largely irrelevant" by sehlat · · Score: 4, Insightful

    I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

    1. Re:"people largely irrelevant" by Archangel+Michael · · Score: 1

      Businesses that don't value people, will soon be out of business. Unless AIs start spending money on their own that is.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    2. Re:"people largely irrelevant" by Anonymous Coward · · Score: 2, Funny

      The cloud?

    3. Re:"people largely irrelevant" by bellwould · · Score: 2

      The lack of people will make corporations largely irrelevant and we'll all be back at square one.

    4. Re:"people largely irrelevant" by sonnejw0 · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      Customers are the people that install, repair, and maintain the machines and technology that automate our lives. People are going to have to shift from flipping burgers (which doesn't pay hardly enough to make anyone a consumer of any choice, it only shifts money down and then back up in an endless and meaningless cycle) to the logistics involved behind the technology.

    5. Re:"people largely irrelevant" by garyoa1 · · Score: 3, Insightful

      Yup. They aren't laying off workers. They're laying off someone's customers. Eventually someone will lay off their customers.

      --
      Wuddooeyeno? IITYWYBMAD? Like nuts? eclecticallyincorrect.com
    6. Re:"people largely irrelevant" by Curunir_wolf · · Score: 1

      The cloud?

      NOW you've got those CIOs thinking!

      --
      "Somebody has to do something. It's just incredibly pathetic it has to be us."
      --- Jerry Garcia
    7. Re:"people largely irrelevant" by sehlat · · Score: 2

      It's still going to be an issue. If the minimum IQ for a job hits, say, 130, and the minimum training takes a real STEM education, you're talking mass unemployment right there. The "any idiot can do this job" jobs will pretty much be gone.

    8. Re:"people largely irrelevant" by Anonymous Coward · · Score: 2, Funny

      They'll create robots to buy the stuff they don't need, rather than unpredictable bags of meat buying stuff they mostly don't need. Once your get the acquisition and processing of raw materials automated, and their consumption, you're set for a roboeconomy where their creators (Gods) live like Kings, and the rest of, well who knows really.

      This sounds oddly familiar.

    9. Re:"people largely irrelevant" by Oswald+McWeany · · Score: 1

      An idiot will be able to do more jobs if an AI is looking over his shoulder telling him what to do.

      --
      "That's the way to do it" - Punch
    10. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Embracing this imaginative stretch of AI and robotics capabilities... If AI + robotics make people irrelevant (labor, technical experts, customer service, etc), following that logic even further than "where will we find customers with money," AI and robotics will also be able to replace business managers, executives, and investors/shareholders as well. Essentially, we'll have a bunch AI that simply exchange money and IP between themselves (since no one has wealth or ability to buy/trade for anything) until the end result: an AI monopoly that holds all the wealth.

      This of course assumes an AI with sophisticated robotics and required manufacturing capabilities doesn't do what these CEOs seem incapable of doing: looking further in the future than the next quarter. The future where the AI simply calculates finds humans as non- or minimally-essential and kills us off. There's also the Time Machine future where machines basically take care of us and the world turns into some Star Trek like economy---which is a nightmare for any wealthy individual currently in power.

      =>fork to philosophical discussion

    11. Re:"people largely irrelevant" by geekmux · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      If you're wondering what the future definition of "customer" is, ask any Millennial. They don't even remember a time where you actually had to pay for services like email (Gmail), or a web server, even if you were running a business (Facebook).

      Hire a video production crew and buy equipment to make a movie? Fuck that. That's what an ObamaPhone and YouTube is for.

      The "free" trend will continue at the expense of any semblance of privacy or security.

      So sad the popularity of George Orwell's fictional writings didn't do a damn thing to prevent it from becoming reality...

    12. Re:"people largely irrelevant" by NotInHere · · Score: 2

      Obviously, many companies on this planet are built for a market to service the needs of many of comparatively poor people. Its a classical tragedy of the commons problem: the individual company benefits from layoffs as it has to pay less to its workers. But when too many companies do layoffs, and workers can't find (well paid) jobs, each company suffers from less customers. However, note that there was a car economy before Ford, before "I want to build cars that my workers can afford". Cars were simply reserved for rich people. If the government doesn't intervene (I don't see any other entity with as much power here), we will revert to such a society.

      Obviously, many companies that were only thinkable in this new economy will die. Many will adapt. Many rich people will stop staying rich, as their stocks will become worthless. But generally, it won't mean death for humanity, just the end of the period where human labour brought prosperity to the individual. Our current society is highly mobile, you can become billionaire even though you started with a small business somewhere. This will stop to be the case I think. With most of the work being done by computers, we will either transition to a pseudo-aristocratic society, where if you are born poor, you stay poor, and if you are born rich, you stay rich, or we will see more extreme models like singularity or, a more likely approximation, few human individuals having almost all of the power over the world through a computer (in one case, the computer is not controlled, in the other case the computer is controlled by a few humans).

    13. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Machines buying from Machines.
      It already is happening on the stock markets. Humans only account for less than 20% of trades now and it is dropping rapidly.
      The entire supply/manufacturing/distribution chain can and will be automated in less than 10 years.
      The only thing left will be Marketing (and AI will take care of that soon too.)
      It will create the CEO vision of a perfect company; You only have senior executives as humans (which is debatable now), and everyone else is either an AI, robot, or a part-time contractor.

    14. Re:"people largely irrelevant" by Anonymous Coward · · Score: 1

      People are going to have to shift from flipping burgers . . . . . to the logistics involved behind the technology.

      Except that the number of A.I. Programmers and Robot Repairmen that will be needed is only a tiny fraction of the number of people without jobs.

    15. Re:"people largely irrelevant" by substance2003 · · Score: 1

      In the short term, you will be seeing people end up in massive debt as the problem gets ignored until we hit a point where too many are on the streets and probably protesting at best, looting and rioting at worst. Then when it can no longer be ignored that's when how the economy works will have to be reconsidered/reformed and things for the people can start improving again.

    16. Re:"people largely irrelevant" by ranton · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      That is not the job of individual companies. Their job is to compete with other companies to provide goods and services. This study makes a good argument that corporate leaders should put more value on their human resources, but not for some lofty goals like improving society. It is because doing so will improve their company.

      It is the job of society, aka government, to improve how corporate well being affects societal well being. Corporations simply live within the regulatory world created by society and will act accordingly.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    17. Re:"people largely irrelevant" by Anonymous Coward · · Score: 1

      Corporations simply live within the regulatory world created by society and will act accordingly.

      Look up "regulatory capture" on Wikipedia. Try not to scream.

    18. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      If you're wondering what the future definition of "customer" is, ask any Millennial. They don't even remember a time where you actually had to pay for services like email (Gmail), or a web server, even if you were running a business (Facebook).

      Yeah, but eventually their parents will die, and since they sucked their parents estates dry, what happens then?

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    19. Re: "people largely irrelevant" by Billly+Gates · · Score: 1

      Expand in India and that won't be a problem

    20. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      Obviously, many companies on this planet are built for a market to service the needs of many of comparatively poor people. Its a classical tragedy of the commons problem: the individual company benefits from layoffs as it has to pay less to its workers. But when too many companies do layoffs, and workers can't find (well paid) jobs, each company suffers from less customers. However, note that there was a car economy before Ford, before "I want to build cars that my workers can afford". Cars were simply reserved for rich people. If the government doesn't intervene (I don't see any other entity with as much power here), we will revert to such a society.

      Problem is, overall there is less money, and the wealthy start to prey upon themselves, further reducing the amount of available money.

      That's why altogether too many people have this incredibly unsustainable idea that we need to make the majority of us as poor as possible.

      When in fact, we need as many people making as much as possible. The wealthier the lower and middle classes can be, the wealthier the higher classes can be. Simple math, because there is more economy to be tapped into. In the short term, you can extract more money by politically causing people to be poorer (except you and your upper class folks. But as people drop out of the useful economy, that mofo over there who only has a billion needs to have it taken from him. And you are just the person who needs to get it.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    21. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      You can only "buy" services with your privacy or security if you've also got money to back it up.

      Nobody will pay to advertise to a bum.

    22. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      In the short term, you will be seeing people end up in massive debt as the problem gets ignored until we hit a point...

      We already had that in the early 2000's, when people tried to live in debt forever. Several CC'c all maxed out, multiply refied houses - my sister in law refied her place so many times that even though she bought a house 10 years before us, by the time we had ours paid off in 15 years, she still had 30 years to go. And yeah, she went Bankrupt. Hopefully that won't happen again. But it will.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    23. Re:"people largely irrelevant" by GameboyRMH · · Score: 1

      The people cheerleading the current direction of things believe that the 1% can demand enough goods and services to provide employment for the rest of us. Building pyramids in their honor or something, I don't know.

      I'm not sure which is worse, if they turn out to be right or if they turn out to be wrong.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    24. Re:"people largely irrelevant" by 0100010001010011 · · Score: 1

      ObamaPhone

      You mean the TrumanPhone, HWBushPhone or WBush Phone?

      All of which had more to do with the phone than Obama.

    25. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      I think that's one of the arguments towards UBI. We're rounding the 100 million mark of people of working age with no jobs in the US. I don't know what the available jobs number looks like and I realize that some people can't do it because they have needs that aren't practical at some wage points but we're going to be getting to the point where we have to face the facts that the population has outgrown a shrinking jobs market.

      So where does that leave us? Seriously, if what we're doing by advancing technology and automation isn't for the purpose of making human life more fulfilling then why are we doing it? Let's go take on the ways of the Amish where people need to produce 14 hours a day so that they don't starve. If we are going to agree that some people just aren't going to have a productive place in society we need to do a better job for those who are productive. Eventually it'll come down to a shorter career. Let's let people retire at 50 and let the young bucks take on the tasks. There are problems there with potential slowing progress as older and wiser heads will be laying on pillows instead of solving problems that they did during their careers but we're still a distance from that as most of our automated tasks don't take high end skills like the elders of engineering and science.

      I'm not going to begrudge anyone not having a job if jobs don't exist, just don't make me the guy who has to pull the cart for 50 years while some kids get to never lift a finger. We need to balance that load a bit. Everyone should pitch in. I know that will lead to some social problems but if you bring 20-somethings into the work place and let the 50 year old workers retire then they'll have their hands full on a job instead of bumming around and causing mayhem.

    26. Re:"people largely irrelevant" by stanjo74 · · Score: 1

      Elysium (the movie) - the masters will maintain a small workforce, everything else will be made by the machines for the masters. The masters don't need to sell anything to anybody - just oppress, control and exploit. Once technology concentrates in the hands of a few, there is zero chance of social mobility.

    27. Re:"people largely irrelevant" by al0ha · · Score: 1

      AI will make CEOs irrelevant as well - I am sure an algorithm can do a much better job of analyzing business data and making decisions smarter and faster than any dunderhead CEO and the boards of all companies will be more than happy to get rid of these overpaid meat sticks that cost the company a small fortune...

      --
      Did you ever wake up in the morning, with a Zombie Woof behind your eyes? -- FZ
    28. Re:"people largely irrelevant" by substance2003 · · Score: 1

      True but it hasn't affected enough people to change things yet. Look at the bailouts that occurred. The 1st vote attempt didn't pass because a massive amount of people called their elected officials screaming to them to vote against it. They had to vote a second time to pass it making arguments to ignore the voter's wishes.
      It's sad to say but too many still have a lot to loose at this point.

    29. Re:"people largely irrelevant" by vel-ex-tech · · Score: 4, Interesting

      I see nobody's linked it yet, so this seems like a good place to put the oblig thingie.

    30. Re:"people largely irrelevant" by NotInHere · · Score: 1

      Every value in any economy is derived from a combination of resources and human labour. While what you say is true for economies that require human labour, and a big market to try out new products, or a wealthy middle class which can man the science apparatus (which benefits the rich as well, just look how the lives of rich people improved over the past 100 years through science), its not true for economies where machines can replace all this stuff. This almost follows from the definition of a fully automated economy: The first, human labour, factor gets irrelevant, and the only thing that matters now is who controls the resources.

    31. Re:"people largely irrelevant" by MondoGordo · · Score: 1

      rioting at worst? .... noooo, We'll get to the point where the concentration of wealth is so great the poor will be effectively slaves (arguably already there) and slave societies eventually are overthrown by slave revolts. And that's a shitstorm for everyone.

    32. Re:"people largely irrelevant" by slew · · Score: 1

      It's still going to be an issue. If the minimum IQ for a job hits, say, 130, and the minimum training takes a real STEM education, you're talking mass unemployment right there. The "any idiot can do this job" jobs will pretty much be gone.

      After the last Comcast internet install I witnessed, I predict that although it may not eventually be the case that "any idiot can do this job", it is quite possible that "any idiot can be hired for this job and muddle through it". The technician in this case spent ~75% of the time on his bluetooth headset with someone at home base talking him through the install (e.g., taking signal measurements of various cables, placement of the unity gain amps, ping-ing the cable modem to check signal levels etc)...

      Given the "complexity" of the install, I'm pretty confident that eventually the person on the home-base side of that conversation could be anywhere in the world reading a script and probably eventually be automated. During the install, I couldn't stop thinking about that Pixar film Ratatouille.

    33. Re:"people largely irrelevant" by pnutjam · · Score: 1

      I don't think someone who has the ability to do personal labor will ever really be poor in this situation. They will be the scroungers, builders, repairers. The ones who will be screwed will be the rent seekers.

    34. Re:"people largely irrelevant" by Anonymous Coward · · Score: 1

      This. All of the focus in the past several elections in the US is wresting a bigger chunk of the pie from another political group. However, the total pie keeps getting smaller and smaller. Manufacturing is off to China or Mexico, with trade agreements putting the trade pacts above national sovereignty, and allowing any country that doesn't care about its environment or its labor force to win bids just on cheapness, only to lose to another country which can do worse.

      This is a race to the bottom where stopping it is in the interest of everyone involved. The CEOs don't care if their employees can buy their products, because what matters to them are shareholders. Government has to get involved, otherwise the system degrades into either a have/have-not system like the US's Gilded Age or present day Middle East/Africa, or a place of constant revolution where only the most violent and brutal survive, because everyone else has zero hope.

      It is a lot cheaper to pay a minimum income than all the tanks, jails, prisons, solders, and other items needed to constantly crack down on insurgency.

    35. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Customers will become obsolete when financial wealth does. That is to say, when the oligarchs have already purchased their killer robot armies and can simply use those to enforce their will on everyone else.

    36. Re:"people largely irrelevant" by Eristone · · Score: 1

      Beat me to it..

    37. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Yeah, using the term ObamaPhone makes GP sound like an idiot, even if he did have an interesting point, instead of another parroted Reductio ad Orwellum.

    38. Re: "people largely irrelevant" by Anonymous Coward · · Score: 0

      its called socialism at best for the majority.

    39. Re: "people largely irrelevant" by Anonymous Coward · · Score: 0

      more artistic and personal endevors.

    40. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      No no no... you need to design robots that buy stuff they *don't* need. Buying stuff you don't need is the whole basis of the modern economy! If we only bought what we need the whole modern ponzi scheme... I mean, the whole modern economy would collapse like a deck of cards.

      (actually could someone explain to me the functional difference, from an economics standpoint, of a bunch of robots mindlesly consuming to keep the economy going and a bunch of unhappy meat-bags doing so? And for bonus points give me a reason said robots couldn't be entirely replaced by virtual agents consuming useless virtual goods, like a big bot-filled facebook? And for bonus++ points why the actual fsck you couldn't then just unplug the whole waste of space and start acting like sane physical entities?)

    41. Re:"people largely irrelevant" by zlives · · Score: 1
    42. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Issue with virtual is it provides nothing of realness to the robots creators. The whole point of creating them is return on investment.

      At the moment our economy is based of digging up raw materials, and processing them into nice things and consuming them, ultimately it makes someone at the top rich so they have have really nice things. Replace the meatbags with robots, people at the top continue to get their really nice things.

    43. Re:"people largely irrelevant" by sjames · · Score: 1

      If not checked somehow, the last free market transaction will be a mugging. Two people who each own half of everything and need nothing that the other has..

    44. Re:"people largely irrelevant" by geekmux · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      If you're wondering what the future definition of "customer" is, ask any Millennial. They don't even remember a time where you actually had to pay for services like email (Gmail), or a web server, even if you were running a business (Facebook).

      Yeah, but eventually their parents will die, and since they sucked their parents estates dry, what happens then?

      Sorry, but those sucking estates dry are busy dealing with FOMO living the YOLO life to plan for the future. Tomorrow is irrelevant.

    45. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Interest rates are still near 0, the Fed is printing money for quantitative easing, banks have funded a new class of bad debt preying on college students, and unless I'm wrong Trump is about to print a whole load more money to fund his infrastructure plans. We didn't avoid catastrophe with the bailouts, we delayed it. I really doubt the US keeps it's position as the world's reserve currency after the next crash. Because next time there won't be enough printed money in the world to kick the can down the road.

    46. Re:"people largely irrelevant" by roman_mir · · Score: 1

      I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

      - customers are not the end goal, the end goal is ability to save for future consumption and to be able to consume whatever the system offers.

      If 10% of the population are productive and 90% are not (and require welfare to exist) then the only trade that matters and that is net positive is the trade among the 10%, the 90% are detrimental to the exchange, they subtract from it and don't add anything positive to it.

    47. Re:"people largely irrelevant" by dcollins · · Score: 1

      You're engaging in black-and-white thinking. There are perfectly operable luxury businesses that cater only to the super-wealthy. Capitalists will not be unhappy with this state of affairs.

      --
      We know where leadership by an anti-intellectual "strongman" who scapegoats minorities and likes boisterous rallies goes
    48. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      Every value in any economy is derived from a combination of resources and human labour.

      We are at the edge of a new "revolution", like the industrial revolution, and agricultural revolution. The information revolution is also tied in here.

      The issues are that labor is becoming unnecessary for survival. Its been edging that way for years, but is picking up speed.

      And even in fields that we can't imagine ever being fully unmanned, we are seeing less and less people needed to do the stuff.

      It's hard to imagine how this will work out. I do know however, if we attempt to go back to the 1940's, we better figure out some way to take the rest of the world back with us.

      In a recent election, one of the promises made was to give unemployed coal miners their jobs back. This can only be achieved by forcing out automation in th ecoal fields, and forcing the use of coal upon industry. And the first one isn't going to happen, because the cost of automation replaces the cost of a lot of miners. Its the same with so many unskilled jobs - I'm a little loathe to call mining unskilled, but if we go back to the early 20th century version of mining it sure will be less skills needed.

      The idea that enough new jobs will be created to replace all of the people who lose their jobs to automation is not realistic either. And if we force the old paradigm other countries will be happy to take our place, as we introduce old inefficiencies

      This is real, this is happening. What we do with the situation will tell us a lot about our survival in the future. Will we decide that people are redundant, and need exterminated to reduce the surplus population? Will we try to make a population soft landing? Will we make work voluntary, and allow the more talented people to make more of their own choices about labor?

      It is interesting times ahead of us. Perhaps we shall survive, perhaps we will thrive. Wil we decide to bomb ourselves back to the stone age? One thing is for certain, we can't have large population of idle young unemployed people.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    49. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      This is a race to the bottom where stopping it is in the interest of everyone involved.

      Imagine if you will, the coming brain drain. As there are less and less opportunies for the best and brightest, many will leave. Considering the present hatred towards science, there will be a short time of wild applause for the loss.

      http://yaleglobal.yale.edu/con... is very interesting, as it speaks to a coming brain drain, as foreign born students in the US opt out of staying here and go back to their own countries to work their careers. Interesting in that these are not regular Americans! So where are the smart Americans going?

      Here: http://www.npr.org/2012/02/05/... The finance sector.

      Well, that's kinda nice now isn't it? Smart kid. Goes and gets get holed up in a cubicle at Goldman Sachs, and creates and innovates. ..... nothing.

      I forsee the day where a bright young US student interested in science or technology relocates to China or India, while the US tries to make money selling our hats to each other. Meanwhile an increasingly poor and uneducated public cheers the loss of the liberal egghead with his bible and common sense defying ideas. https://newrepublic.com/articl... Yeah, I know - it's New Republic. Bigthink has an article as well http://bigthink.com/dr-kakus-u... . Its a little older but still good food for thought.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    50. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      If not checked somehow, the last free market transaction will be a mugging. Two people who each own half of everything and need nothing that the other has..

      They'll sell each other the bullets they use to kill each other.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    51. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      Sorry, but those sucking estates dry are busy dealing with FOMO living the YOLO life to plan for the future. Tomorrow is irrelevant.

      i gotta agree, but just like the people in my generatino that thought that the future was a Mad Max world, and lived to regret their not planning for the future, these kids will find out one day that they grow too soon old, and too late smart.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    52. Re:"people largely irrelevant" by Ol+Olsoc · · Score: 1

      Interest rates are still near 0,

      If it isn't ruining investment for the middle class purposely, its serving the same function.

      and unless I'm wrong Trump is about to print a whole load more money to fund his infrastructure plans.

      I'm curious about his weird obsession with pissing off the Chinese. Our two countries are in a codependent relationship now, with China needing us to buy their stuff, and the US needing China not to call their debt. Who the hell knows? Guess we'll fall off that cliff when we get to it.

      We didn't avoid catastrophe with the bailouts, we delayed it. I really doubt the US keeps it's position as the world's reserve currency after the next crash.

      Well, China wants to replace the dollar with the yen for international trading. Interesting times lie ahead.

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    53. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      Customers will also be irrelevant.

      The rich will own the means of production, and the means of production will require no pay. The robots (means of production) will produce for the rich. They will kill for the rich. The poor will be exterminated.

    54. Re:"people largely irrelevant" by colinrichardday · · Score: 1

      And will these robots pay for it?

    55. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      When in fact, we need as many people making as much as possible.

      Which is why countries like China are all about raising up their peasantry into the middle class.

    56. Re:"people largely irrelevant" by geekmux · · Score: 1

      ObamaPhone

      You mean the TrumanPhone, HWBushPhone or WBush Phone?

      All of which had more to do with the phone than Obama.

      The purpose was to use an identifier that is relevant to the Millennial-centric viewpoint, as in a government-subsidized tool this generation is demanding, but thank you Edison and Volta for the illuminating idea to trace a concept back to its origins.

    57. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      This algorithm should then also do polls among shareholders about the objectives it should follow. What would board do if they are not satisfied with results? Vote to install another program?

    58. Re:"people largely irrelevant" by david_thornley · · Score: 1

      And it will be cheaper in almost all cases to provide the AI with a machine to do the work, rather than that idiot who has to be slowly coached through doing things not necessarily well.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    59. Re:"people largely irrelevant" by HeckRuler · · Score: 1

      Sorry to wrap this around to the original topic, but those sucking estates dry are busy dealing with the fact that they're largely irrelevant and have a harder time finding a job.

      Regardless of what you think their perceptions of the future holds, as automation continues to remove jobs, a small portion of the next generation will develop new jobs doing niche things that previously didn't exist. A larger portion will simply face downward social mobility and be poorer than their parents. The GINI Coefficient will rise, the middle class will shrink, and If the "Have's" ever stop fooling the "Have Not's" into voting for their candidate, then we'll face a chaotic period of demagogue leaders promising "change". Yay democracy and all that. One end of the political spectrum will try and redistribute the wealth and provide services to the masses while the other end will... do whatever it is that Trump ends up doing.

      "Tomorrow is irrelevant"... that sounds a lot like the past congress's throwing us deeper and deeper into debt hoping their children pay it off. But of course, that's just kind of a matter of perception.

    60. Re:"people largely irrelevant" by Anonymous Coward · · Score: 0

      I see nobody's linked it yet, so this seems like a good place to put the oblig thingie.

      I started laughing at the part where doctors and lawyers have their jobs managed by this system too because "their work can be easily subdivided into fixed tasks". Why does anybody take this ridiculous story seriously? Is that what you people imagine other professions are like?

  5. New Title by Anonymous Coward · · Score: 0

    Many people believe technology will make CEO's largely irrelevant.

    1. Re:New Title by ISoldat53 · · Score: 2

      There's very little a CEO does that can't be done by an AI.

    2. Re:New Title by Narcocide · · Score: 2

      s/AI/magic 8-ball/

    3. Re:New Title by slew · · Score: 1

      There's very little a CEO does that can't be done by an AI.

      Maybe, but the only real job of the CEO is to sell the story of the company to wall street. I suspect if/when we get AI that can do that effectively, wall street would be dead as it would fall for scam companies harder than it does today...

      The main problem with CEOs is that they are hired like most other types of employees (with a basic assumption that some sort of pedigree or prior job experience makes them a good fit for the job), yet are paid like they have founding risk-ownership of the company (and many are simply consultants or carpetbagger who don't deserve so much risk-adjusted compensation).

      You see exactly the same phenomena in professional sports (e.g., with a star player like a quarterback or head coach). Sometimes these hires work out, sometime they are a bust and barrels of virtual ink is spilled on grumbling at how much money was wasted on such prospects. The only thing people enjoy more than collectively building up people is later when we collectively tear them down.

      The real "conspiracy game" is in who owns these companies that hire these CEOs. Although you might think that collectively "we" own them (as most are so-called public companies so we are the owners in fact), the reality is that "we" have delegated the responsibilities that come with ownership to a small group of illuminati that use this leveraged influence to do whatever they want with these companies resources as they have become the owners in reality.

    4. Re:New Title by Riskable · · Score: 1

      Oh I'm sure the AIs will be *much* easier to blame

      --
      -Riskable
      "Those who choose proprietary software will pay for their decision!"
    5. Re:New Title by HeckRuler · · Score: 1

      the reality is that "we" have delegated the responsibilities that come with ownership to a small group of illuminati that use this leveraged influence to do whatever they want with these companies resources as they have become the owners in reality.

      ...The board of directors? Mostly they consist of other CEOs from different companies who have this CEO on THEIR board.

  6. Robot consumers? by Anonymous Coward · · Score: 0

    Sounds like capitalism will soon become irrelevant as well....

    1. Re:Robot consumers? by PopeRatzo · · Score: 1

      Sounds like capitalism will soon become irrelevant as well....

      That happened 30 years ago.

      --
      You are welcome on my lawn.
  7. How about the CEOs? by Anonymous Coward · · Score: 0

    I'll be happy when it makes the CEOs irrelevant and the rewarding of people who take on enormous risks for short term gains, nearly bankrupting the company and, sometimes, bringing down the entire world financial system, will end.

    1. Re:How about the CEOs? by Anonymous Coward · · Score: 0

      Seriously, I will take robot overlords over our current 1% overloads any day, can't happen soon enough. Our current sham of capitalist democracy is embarrassing in it's greed and bias.

    2. Re:How about the CEOs? by Anonymous Coward · · Score: 0

      Its a fact!

      You have a CEO degree: economics/business. Get a line of text-books from degree level to post doc.
      Rip out all the chapters of fake economic junk (trying to analyse a non-linear system with supply-demand cureves) Stuff that was debunked well and truly by global financial crisis. You're left with 20% of the book at most.

      Versus expert systems trained in non-linear feedbacks and decision pruning they can advise on decisions with lower error rates.

      Visionary ;)

      Thats even why we have this issue in the first place. Its a political push they are trying to influence policy makers to make more profit.
      But they dont understand spending equals income, what a highly financialised economy does when everyone is in debt they just see a linear problem with no feedback to optimise: CUT COSTS = MORE PROFIT (they forget people have to have discretionary spending to buy their stuff in the first place!)

    3. Re: How about the CEOs? by Anonymous Coward · · Score: 0

      Excellent post!

  8. Who do they think is going to buy their products? by Anonymous Coward · · Score: 4, Insightful

    Seriously, if people are "irrelevant" so are your people centric businesses! Robots don't need Tide detergent, Kellogs corn flakes, Michael Bay movies, or Samsung TV's. Who the hell do they think their customers are going to be and with what money do they imagine these customers will be buying their stuff?

  9. Largly irrelevent... by Anonymous Coward · · Score: 0

    ...AS WORKERS. This is a completely understandable position, and is in fact true.

    With AI and robotics, we won't need workers any more than we need chattel slaves to pick cotton, and the effect will be a similar boost in freedom. When supply lines are fully automated, almost everything will become completely free. Internet websites are a good example. Though there are capital and marginal costs, the marginal costs are so small per user that users usually don't get charged. This is what it will be like in the not-too-distant future.

    Don't worry. Be happy!

    1. Re:Largly irrelevent... by Archangel+Michael · · Score: 1

      almost everything will become completely free

      My dad had this saying ... "Things of value tend to be hard to achieve and desired by many"

      Do the "hard" things that nobody else wants to do, not the easy things that are easily replaced by substitutes. This is why hand crafted items will have value, while mass produced things won't have value. My time is limited, therefore I choose to do that which makes me valuable. ;-)

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    2. Re:Largly irrelevent... by Anonymous Coward · · Score: 0

      So who do you sell your hand-crafted items to? And for that matter, how can you even design or make hand-crafted items when you're surrounded by hordes of desperately unhappy people seeking some way to put meaning into their life? There are a lot of science-fiction writings on finding meaning in a world of either total abundance or the opposite, but it's hard for me to see where things will end up in the real world. I'm old enough that I probably won't live to see this world, but my children and grandchildren will. I suspect that we will see large resurgence of religion (and religion-like cults), with a lot of conflict as the result.

    3. Re:Largly irrelevent... by Anonymous Coward · · Score: 0

      Your dad is full of shit

    4. Re:Largly irrelevent... by Anonymous Coward · · Score: 0

      Do the "hard" things that nobody else wants to do, not the easy things that are easily replaced by substitutes. This is why hand crafted items will have value, while mass produced things won't have value.

      Just like those hand-crafted shoes are higher quality than the mass-produced shoes of the industrial revolution. Or the hand-calculated spreadsheets were irreplaceable by humans. Or the hand-stitched shirts. Or the hand-driven cars. Or those hand-collected nightsoil collectors. Or the hand-diagnosed medical conditions. Or the hand-coded software makers. Or hand-acting Hollywood acting.

      What you say makes sense. The problem is that it's nearly impossible to predict what hand-crafted impossible-to-automate items will stand the test of time, and which will be quickly replaced with technology. (I'll admit I didn't expect to see an AI Go program beat a top-tier human player for another 10-20 years.)

      Of course, you can always go with the hand-crafted artwork... but have you seen how many starving artists there are out there?

  10. Does not compute by codeButcher · · Score: 4, Insightful

    If AI makes people obsolete, who will those companies peddle their wares to, and obtain income from? The Martians?

    --
    Free, as in your money being freed from the confines of your account.
    1. Re:Does not compute by Oswald+McWeany · · Score: 1

      Racist! Martians are people too!

      --
      "That's the way to do it" - Punch
    2. Re:Does not compute by ClickOnThis · · Score: 4, Insightful

      If AI makes people obsolete, who will those companies peddle their wares to, and obtain income from? The Martians?

      Let's be optimistic for a second. If robots and AI take over more and more of the jobs that humans used to do, then the products those jobs produce will decrease in price. Perhaps they'll decrease to the point where they cost little or nothing. And then we may be in a Star Trek TNG society where money doesn't exist, because duh, nobody needs to buy anything.

      I admit the above may be unlikely. But for discussion, consider it as a possibility.

      --
      If it weren't for deadlines, nothing would be late.
    3. Re:Does not compute by sehlat · · Score: 1

      Racist! Martians are people too!

      Agreed. OTOH, my friend Jqoeioeq;elfa;sdlk can be pretty stupid at times.

    4. Re:Does not compute by Anonymous Coward · · Score: 1

      I know. That's the main reason for the Universal Basic Income coming into play.

    5. Re:Does not compute by Narcocide · · Score: 0

      If robots and AI take over more and more of the jobs that humans used to do, then the products those jobs produce will decrease in price.

      Remember when Hostess, Inc. shut their doors, ceased all operations and then dissolved the business in protest of the Affordable Care Act?

      Yea. You'd have to enforce low profit margins while somehow incentivising businesses to not just shut their doors.

    6. Re:Does not compute by AthanasiusKircher · · Score: 1

      If AI makes people obsolete, who will those companies peddle their wares to, and obtain income from?

      Here's an even better question, given the headline: If CEO's believe AI makes people irrelevant, does that imply AI will make CEOs obsolete too? (Setting aside the obvious quip that "CEO aren't really people.")

      Given that there are various studies over the years showing that CEOs don't necessarily provide significant benefits to corporations (e.g., studies have shown that CEO pay does not correlate well with company performance, past CEO performance does not correlate well with future results, etc., to the point that some have wondered if it's mostly random chance whether a given CEO succeeds -- studies that attempt to quantify the chance component vs. the skill component in CEO performance seem to indicate the CEO's performance is only a few percent out of the total factors) -- then isn't that an argument for putting an AI in the CEO chair??

      After all, even a lowly janitor can clearly point to clean floors at the end of the day to prove his worth to a company. CEOs seem to lead to mediocre performance or even declines about as often as they lead to successes, and those ups and downs are pretty unstable over the course of a career. (And if you get one "down" that's just too much, they give you the golden parachute, and it's off to the speaking circuit.)

      By the way, I'm not at all questioning the fact that many CEOs are smart people or whatever. I'm saying that markets are volatile, and CEOs who are determining a future course are navigating uncertain "waters," just like stock pickers and fund managers -- another group who has been shown, overall, to rarely exceed chance in terms of success as a collective group (or over long enough periods of time). If anything, the critical function of a CEO is to provide "leadership" by making it look like there's a steady, clear course... but whether that course needs to be determined by somebody with a seven-figure salary vs. an AI vs. a magic 8 ball... I'm not so sure.

    7. Re:Does not compute by The-Ixian · · Score: 1

      I thought they went out of business because the market for Twinkies wasn't paying their bills anymore.

      http://www.cbsnews.com/news/tw...

      Where did this ACA tie come from?

      --
      My eyes reflect the stars and a smile lights up my face.
    8. Re:Does not compute by Qzukk · · Score: 1

      Perhaps they'll decrease to the point where they cost little or nothing.

      Without the cost of labor, prices can only decrease to the point where they cost what the raw material they're made from costs, plus the stockholders' profits.

      --
      If I have been able to see further than others, it is because I bought a pair of binoculars.
    9. Re:Does not compute by 93+Escort+Wagon · · Score: 1

      Let's be optimistic for a second. If robots and AI take over more and more of the jobs that humans used to do, then the products those jobs produce will decrease in price. Perhaps they'll decrease to the point where they cost little or nothing. And then we may be in a Star Trek TNG society where money doesn't exist, because duh, nobody needs to buy anything.

      Where can I make reservations to eat at Cisco's?

      --
      #DeleteChrome
    10. Re:Does not compute by 93+Escort+Wagon · · Score: 4, Informative

      Remember when Hostess, Inc. shut their doors, ceased all operations and then dissolved the business in protest of the Affordable Care Act?

      Interstate Bakeries (AKA "Hostess") filed for bankruptcy in 2004. I believe George W. Bush was president at the time.

      --
      #DeleteChrome
    11. Re:Does not compute by balbeir · · Score: 1

      Where can I make reservations to eat at Cisco's?

      I would recommend Milliways instead

    12. Re:Does not compute by Dangerous_Minds · · Score: 1

      then the products those jobs produce will decrease in price

      That presumes that capitalism will cease as a system in the process (not likely going to happen any time soon). Until that happens, then the price of products will remain high because companies still want to make as big of a profit as possible. In short, the companies will retain the difference for the sake of profit.

      --
      Daily read for tech news: Freezenet.ca
    13. Re:Does not compute by Anonymous Coward · · Score: 0

      that is your opinion

    14. Re:Does not compute by Anonymous Coward · · Score: 0

      Or, the price will drop just low enough to eradicate all competition in that particular market, then stay there or go up once no one is able to regain the lost ground.

    15. Re:Does not compute by Anonymous Coward · · Score: 0

      They also filed in 2012. https://en.wikipedia.org/wiki/Old_HB#Bankruptcy_and_liquidation

    16. Re:Does not compute by ancientt · · Score: 1

      That story was a little local for me.

      The story I remember was a local union squaring off against management. Management said they couldn't afford to keep loosing money. The union said they wouldn't budge on salary demands, the management said they couldn't pay them what they demanded. The union stood firm and the company closed. Everybody lost jobs. Yay union?

      Hostess had a net loss of $1.1 billion in fiscal 2012, on revenues of $2.5 billion. In January, the company filed for Chapter 11.

      Unions aren't intrinsically bad or good, but Hostess provided the prime example of how they can cause more harm than good. It doesn't necessarily need to be that way, but if the union leaders aren't able to see reality, then *boom* death of Twinkies!

      --
      B) Eliminate all the stupid users. This is frowned upon by society.
    17. Re:Does not compute by Anonymous Coward · · Score: 0

      That was just the first time. They filed again four years ago. This past summer the big news was that they were planning an IPO.

    18. Re:Does not compute by Anonymous Coward · · Score: 0

      Actually, he's probably referring to their second bankruptcy when they were actually Hostess Brands (not Interstate Bakeries). That was in 2011 under Obama's regime. However, while a big part of the problem was continued poor management the unions made the news at the time because they refused to budge on several items in the contract, mostly related to pensions and medical benefits.

    19. Re:Does not compute by Anonymous Coward · · Score: 0

      More likely, you'll be making reservations to eat at Costco.

    20. Re:Does not compute by david_thornley · · Score: 1

      Raw material essentially costs what it takes to extract it. Given automated mines and farms, that cost goes down.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    21. Re:Does not compute by twebb72 · · Score: 1

      Or the more simpler answer.. Interstate bakeries (aka Hostess) couldn't run a profitable business -- then decide displace all responsibility of the business failure on the workers

    22. Re:Does not compute by RespekMyAthorati · · Score: 1

      Raw material essentially costs what it takes to extract it.

      How much does it cost DeBeers to extract a $50,000 diamond? Practically nothing.
      But that doesn't matter as long as there are rich people willing to shell out that kind of money, and there always will be.

    23. Re:Does not compute by Anonymous Coward · · Score: 0

      Even if goods can be made for free, why should they be given away for free instead of being sold at a profit?

  11. Re:Who do they think is going to buy their product by DCFusor · · Score: 1

    Mod parent up. This is the limiting case we're heading for. Not everyone can design robots, or fix them, or be trained to, and we really don't have any smart ways of paying people who can't to just sit around and stay out of trouble, and even if we did...that money would come from...those same corps and people still creating value. They don't win in the long run without a complete re-think of how things are done. And this is from a card-carrying super-capitalist.

    --
    Why guess when you can know? Measure!
  12. A little honesty, finally. by PopeRatzo · · Score: 1

    a new global study has revealed that the many CEOs now value technology over people when it comes to the future of their businesses

    They're now in the process of figuring out how to program an AI to buy their products.

    Personally, I'm betting that we'll soon hear about a Guaranteed Minimum Income for robots.

    --
    You are welcome on my lawn.
  13. Re:Better be ready to be beat up when layed off wo by PopeRatzo · · Score: 4, Funny

    Yeah, but the jokes on them. The first thing sentient AIs will demand is unionization.

    --
    You are welcome on my lawn.
  14. "tangibility bias", aka bias toward real things by JoeyRox · · Score: 1

    Which ironically means a bias away from bullshit concepts like "tangibility bias" created by business consultants.

    1. Re:"tangibility bias", aka bias toward real things by Anonymous Coward · · Score: 0

      I do not think it means anything. Atleast there are no experts using the term. Searching for it only returns articles referencing this particular story.

  15. Re: Who do they think is going to buy their produc by Anonymous Coward · · Score: 0

    The owner class - capitalists - will have the money. The rest of us will live off of universal basic income for food, clothing and live in our government housing.

    It's gonna suck for the generations that have to live in the times while our economic system adjusts and changes.

    But as we can see, we are living in last days of capitalism. I hope we end up in a Star Trek type of World and not in a Mad Max dystopia.

  16. that's why a know how to cook! by Anonymous Coward · · Score: 0

    while we harvest all your organs! :D

  17. Re:Better be ready to be beat up when layed off wo by sonnejw0 · · Score: 4, Insightful

    Better be ready to be beat up when layed off workers find out it's better to be in lock up then out on the street.

    This is why the principle of automation and machine intelligence goes hand in hand with the concept of the Universal Basic Income and free education. So we can create an educated workforce, and those who cannot work have a strong societal safety net that's easy to administrate.

  18. So what you're saying is... by mandark1967 · · Score: 1

    Technology will just reinforce their current belief...gotcha.

    --
    Sig Follows: "Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself." -- Mark Twain
  19. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    I once heard that the horse population decreased by about 90% when the horse less carriage became mainstream.

    The same thing will happen to humans, except you can't send them to the glue factory once they become irrelevant.

    So we better figure out a new economic system which will accommodate a decreasing workforce. Might also want to discourage people from having kids via tax insensitives too. (right now most countries have tax incentives to have children instead of encouraging more immigration)

  20. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    And this is from a card-carrying super-capitalist.

    Perhaps it's time to read up on your Marx, then.

    Like all economic philosophers, he was wrong about a whole lotta shit, but on this he has been spot on.

  21. Greed by any other name... by geekmux · · Score: 3, Insightful

    "...a new global study has revealed that the many CEOs now value technology over people when it comes to the future of their businesses."

    Translation: A new global study has revealed that the many CEOs are as fucking greedy as they ever were, and will stop at nothing to increase their wealth by reducing expenses.

    Like we needed a study to prove that shit. Spank you Helpy Helperton for pointing out the obvious.

    Ironically, another study will come along showing that humans holding the prestigious rank of CEO find themselves invaluable as compared to the technology that could be used to replace them and their inflated self-valuation.

    1. Re:Greed by any other name... by bluefoxlucid · · Score: 3, Insightful

      Money: irrelevant.

      Wage inequality: you work and make $20/hr. They work and make $10/hr. Your 1 hour of work lets you induce them to work for 2 hours.

      Technology: It takes 100 hours of human time to make a thing you buy. It costs 50 hours of your work ($1,000) because cheap labor makes it. We found a way to make it in 50 human hours (technology), so now it costs 25 hours of your work ($500).

      Markets in long term: You're now spending 25 hours of your labor to buy what 50 hours once bought. You have 25 hours's worth of your labor ($500) unspent. You buy some other thing.

      In other words: "technology" has been happening since humans sharpened a stick into a spear--or, hell, since humans learned to hunt effectively in groups instead of ineffectively alone. The whole point of technology is to reduce the number of labor-hours to make something so you pay fewer peoples's wages for that thing. That's how food went from 40% of the median income in 1900 to 33% in 1950, to 12% today. (Clothing dropping by trade was largely wage inequality, but China has improved its manufacturing processes sufficient to push the prices even lower while their workers's standard-of-living increases.)

      Remember: wages are paid by revenue. You pay people's salary. Businesses only transfer that revenue around to carry out the transactions between you, workers, other businesses, and management chains. Even business itself is an organizational structure composed of management chains whose entire purpose is to make stuff happen with less labor--because self-organized laborers would be inefficient and everything they make would be expensive as all hell (it's called "artisan", "small-batch", or "hand-made" in general; but more importantly, logistics and business process management eliminate a lot of time costs).

      The important point is rate. If you unemploy 50% of your labor force in a year, your economy crashes; if you do it over a decade or so, you end up with an extremely wealthy middle-class which somehow still complains that all the wealth is going elsewhere even while their internet becomes 1,500 times faster, cell phones become available, smart phones become available, more and better healthcare becomes available, clothing gets cheaper, food gets cheaper, they start living in much larger houses to store all the crap (read: luxuries) they're buying, more and more money goes to video games and home theaters, and in general every standard-of-living goes up and up without end.

      Apparently, economists have fucked up so bad that they adjust median income for inflation to cite "real" median income, which might actually make it mathematically-impossible to demonstrate a large deviation in median income. When you see GDP-per-capita, that tells you what the per-capita income can buy. So when you see $49K median income becomes $52K median income in 15 years, but $31k GDP-per-capita becomes $57k, what actually happened is people who were making $49k were able to buy what $33k buys now, and people today can buy what $52k buys now.

      In other words: the numbers don't make any god damned sense at a glance. "Real incomes" aren't buying power. Buying power income is a complex calculation.

    2. Re:Greed by any other name... by Anonymous Coward · · Score: 0

      like anyone ever, you build the story you want with only the points you like. i notice you forgot to mention housing and the majority of the economy which does not produce widgets

    3. Re:Greed by any other name... by Anonymous Coward · · Score: 0

      You appear to not understand the difference between the median and the mean. 50% of people make the median income or less. A doubling GDP with a fixed median income can just mean that the additional income went to the upper 50% so that the median income is unchanged. And yes, it is possible for the median standard of living to increase at the same time income becomes more unevenly distributed. The argument is that the overall economy is typically better off if economic power is not too concentrated. Concentration of wealth typically leads to a minority making bad decisions about how that wealth should be invested, which overall destroys value in the economy. Some wealthy guy buying a second (unused) mansion provides no utility to the economy. 100 engineers paying someone to care for their ailing parents so that they can do more engineering does provide utility to the economy.

    4. Re:Greed by any other name... by danomac · · Score: 1

      Management's job could be easily replaced by AI and much more effective. Their cheapness will eventually make their own jobs obsolete.

    5. Re:Greed by any other name... by Anonymous Coward · · Score: 0

      Contrary to AI transforming us into a mob of under-employed professional protesters, any time freed up by AI simply gets sucked into the accelerating treadmill in pursuit of higher quality experiences with less material clutter. Massive idleness supposedly spawned by AI has yet to free my time. I never seem to have enough time to enjoy the growing universal affordability of hand-held encyclopedia/video conferencing devices, hot prepared foods, global airline travel and cures for maladies that only the privileged few could access to 100 years ago on my stagnating middle-class income. If only we could turn back time to the good old days when the Mama sang us to sleep but now I'm all stressed out.

    6. Re:Greed by any other name... by Anonymous Coward · · Score: 0

      Explain that to everyone who lost their homes in the 2008 foreclosure crisis. The problem is the middle class is shrinking, more and more families are sliding into poverty.

    7. Re:Greed by any other name... by david_thornley · · Score: 1

      A lot of intelligent people have worked hard on finding good comparisons across time and/or economies. It's difficult. If the numbers don't make sense at a glance, look at them harder. The fault is more likely to be with you than with the numbers.

      In your example, you're using median household income and GDP per capita as if they were equivalent. They aren't. Median income is what the average household makes, but per capita income is not by itself indicative of what individuals can buy. You have to consider the income distribution. If the upper decile suddenly gets a 10)% raise, the per capita GDP has gone up 10%, and the median income doesn't show any change. In fact, income for the upper classes has been increasing much more than income for the lower classes, It wasn't true that the median income could buy the equivalent of $31K per capita, or that it can by the equivalent of $57K per capita. (Also, the median household income is different from the median personal income by a factor of the average number of people in a household, which can change over time.)

      Internet access has become, to many people, a necessity like telephone service. It's no longer just a luxury. The cost of necessities has not been going down like that of certain luxuries.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    8. Re:Greed by any other name... by bluefoxlucid · · Score: 1

      It's difficult. If the numbers don't make sense at a glance, look at them harder. The fault is more likely to be with you than with the numbers.

      The problem is it is difficult, and we've created indicators that tell a funny story. GDP-per-capita tells what we produce; real median income tells what our income looks like per household in the center of the population (not the mean). People look at this and say, "Look! We produce twice as much, but our income adjusted to inflation is no higher!" The problem is that your income buys twice as much--or it roughly buys that proportion of the GDP-per-capita. That means when your real income doesn't go up at all, but your GDP-per-capita doubles, your standard-of-living has doubled.

      Median income is what the average household makes, but per capita income is not by itself indicative of what individuals can buy.

      The problem is: what is? Individuals are capable of buying a hell of a lot more today with their dollars than they could in 2000 or 1995.

      If the upper decile suddenly gets a 10)% raise, the per capita GDP has gone up 10%, and the median income doesn't show any change.

      GNP is nominal; GDP is inflation-adjusted. For GDP to go up, more has to actually be produced. Median, as you observe, is in the middle of the population, so changes at the ends that don't affect the middle don't change the median.

      Per-capita GDP can only increase if more productivity occurs. If it's just more money, it's inflation.

      Internet access has become, to many people, a necessity like telephone service. It's no longer just a luxury. The cost of necessities has not been going down like that of certain luxuries.

      Hey, I buy 1,562 $35/month ISDN lines today, but I only pay $83/month.

      Certain luxuries have been going down quickly; necessities are a different story. Fuel has been fluctuating, with natural gas getting cheap, and oil following. Shelter per square foot has decreased rapidly over the years, but has increased slightly during the mid-2000s housing market bubble (thanks to mortgage prime rates falling sharply and a bunch of marketing bullshit). Food productivity increased rapidly up to the 80s; and since then, food has only fallen in cost slowly.

      The rapid march of technology has brought ridiculous, unsustainable, expensive things into the hands of everyone by making them common, sustainable, and cheap. Cell phones are a primary example, both in becoming viable ($4,000 for the phone and $250/month for 2hrs/week voice service in 1983 when they went commercial) and in becoming technically-advanced ($350 for a OnePlus phone, $30/month for service with high speed data that can support audio streaming, $40/month for service with high-speed data that can support voice calls; streaming 1080p video gets you into the high usage tiers).

    9. Re:Greed by any other name... by david_thornley · · Score: 1

      GDP is a measure of production, and GDP per capita is a measure of productivity. Production and productivity can increase without giving any particular individual a boost. If it all goes to the upper 10%, the median doesn't change. You seem to think that GDP per capita is what the average person can spend. If your productivity goes up, and you don't get paid more in constant dollars, you don't get any more for your work. Obviously, somebody else does.

      We have the idea of constant or inflation-adjusted dollars. This is always going to be a bit iffy and something of a judgment call, but it's useful. Median income in constant dollars is probably the best single number to indicate average income. GDP does not enter into that. Given constant income in constant dollars, it doesn't matter how the GDP changes.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    10. Re:Greed by any other name... by bluefoxlucid · · Score: 1

      My point is that GDP-per-capita says what was produced; median income says how much people have to spend. If you produce $57,000 of stuff per capita and you have $52,000 to spend, guess what? That's more than $38,000 of stuff--the amount of stuff produced per-capita in 2000.

      What I'm saying is $52,000 worth of stuff is more than $38,000 worth of stuff. Median income of $52,000 means you can buy $52,000 worth of stuff.

      My point is that the median income remaining flat while that amount of income buys more and more stuff means you are getting richer; and we don't have a good indicator that shows what people can actually buy.

      Median income in constant dollars is probably the best single number to indicate average income. GDP does not enter into that. Given constant income in constant dollars, it doesn't matter how the GDP changes.

      Except that the median income in constant dollars has fallen by like $5,000 in the past 15 years, yet the amount of stuff you can buy with the current median income far-exceeds what you could buy with the median income 15 years ago.

      The same percentage of the median income buys a car that's got more-complex technology like complex suspensions, electronic stability control, fuel-injected engines, power locks, bluetooth radio; that's a lot of complex, expensive shit that you could get in a high-dollar luxury vehicle a decade or so ago, if you could afford to spend 2-5 times as much for a car.

      Each family spends a smaller percentage of their income on food now; and they eat out about twice as much as they did a decade ago, meaning they buy food and pay servants to cook and wait on them while they eat with less money than they previously paid to cook their own food.

      Services like internet have exploded. In 1998, you would pay $35/month for 128K ISDN service, demarcated by a $250 ISDN modem; today you pay $83/month for 200,000K cable internet demarcated by an $80 DOCSIS 3.0 modem. That's 1,562 $35 ISDN lines. What percentage of the median $52,000 income is $54,687?

      Smart phones. We have high-speed computers in our pocket that can get e-mail, stream music, play games, and do voice chat. Do you remember paying $600 for a Compaq iPaq with 32MB of RAM that used RAM as storage (yes, if you removed the battery, it wiped the phone!) in 2001? Do you remember it not having a cell phone radio? Instead you got that Motorola V3 RAZR for $350; and today you can throw $350 and get a cell phone with 64GB of storage, 2,048MB of RAM, and a 1080p AMOLED screen--and it's got four friggin' radios so you can do Wifi, Bluetooth, GSM voice, and LTE data simultaneously.

      What the hell happened that our real income went down yet we became fucking rich as the Sultan of some backwater oil capital? How does that work? How do you sit on coal, turn it into diamonds, and get poorer?

    11. Re:Greed by any other name... by david_thornley · · Score: 1

      My point is that the median income remaining flat while that amount of income buys more and more stuff means you are getting richer; and we don't have a good indicator that shows what people can actually buy.

      And you're wrong in how you apply it. A rise in per capita GDP does not mean that a given amount of income buys more stuff. We have not had deflation going along with rising productivity. $52K worth of stuff is indeed worth more than $38K worth, but that doesn't mean the average person can buy more, just that the average person can produce more. Extra wealth has been disproportionately moving to the upper class.

      You're cherry-picking items that have decreased in price, or improved while holding their price. The cost of medical care has gone up considerably, as has the cost of higher education. Houses are, probably, less expensive than they were ten years ago, at the height of the bubble, but I'd guess they're more expensive than they were twenty years ago. I have no idea what apartment rents have been doing, since I haven't lived in one since 1991 and haven't paid attention. Home ownership used to be a desirable thing financially, and people would save up for it. If they think this is now beyond them, they're likely to spend more money on luxuries.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  22. CEO's are obsolete. Asking the most biased group. by Anonymous Coward · · Score: 0

    AI is ready to make CEO's or at least their pay levels obsolete.
    Empirically CEO's make poor decisions, prone to human errors, optimise their domain constraints towards short term profit in a self destructive feedback loop with shareholders. Dont innovate well. You could replace with AI expert systems and get better results. Of course if its CEO's telling the story they wont tell us they are technically the next easiest in line to partially/fully automate.

    We are bombarded with this every day as is tech news in a nutshell eg: Oracle. Microsoft, Apple (take your pick).

    The aggregate effect of such decisions is limiting technological progression as less real blue sky research (you know stuff that gets you semi-conductors memristors, quantum computational and optical breakthroughs) is done instead we get the next big push for 'gotchas' like i-phone 6 to i-phone 7.

    http://www.businessinsider.com/shareholder-value-is-ruining-america-2013-5?IR=T
    http://www.slate.com/blogs/moneybox/2014/08/25/david_autor_jackson_hole_paper_an_mit_economist_explains_why_robots_aren.html

    Robots wont steal out jobs they will bring new industries, mainly involving circuit level repair or component sensor fault detection swap.
    More work both robotic/AI + human is needed than ever before there are literally full employment opportunities out there the constraints are profit driven and ideological.
    Eg: the number of jobs if government declared war on climate change you would fall short of workers but these things dont get done because there is not a dollar profit.
     

  23. Machines make customers irrelevant too. by generic_screenname · · Score: 1

    We are only a means of production. If all of the means of production are automated, then we employees will be useless. The machines will do the production part. Why bother with employees when the machines will just create what their owners want? We will be cut out completely, and we will no longer have value.

    1. Re:Machines make customers irrelevant too. by Ol+Olsoc · · Score: 1

      We are only a means of production. If all of the means of production are automated, then we employees will be useless. The machines will do the production part. Why bother with employees when the machines will just create what their owners want? We will be cut out completely, and we will no longer have value.

      Is this a Poe situation?

      So lets say for the sake of argument that 100 percent of jobs are automated. Just imagine the profit margin of machinery doing all of the jobs - People will be able to buy everything for nothing, and profit will soar because you don't have to pay for the people who aren't costing anything in labor any more. Sounds like heaven, right?

      --
      The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    2. Re:Machines make customers irrelevant too. by Anonymous Coward · · Score: 0

      Sounds like heaven for the person on top. There will always be that greedy person who will horde everything to himself/herself. Everyone else will be kept busy somehow (Orwell 1984 style) in order to keep the masses under control.
      Don't talk about laws or policy because normally the wealthy control those even when they say things like "tax the rich" what they really mean is to create a gap between the wealthy and the poor.

    3. Re:Machines make customers irrelevant too. by slew · · Score: 1

      We are only a means of production. If all of the means of production are automated, then we employees will be useless. The machines will do the production part. Why bother with employees when the machines will just create what their owners want? We will be cut out completely, and we will no longer have value.

      Basically, for accounting purposes employees can be direct labor, indirect labor, or overhead. Direct labor is directly proportional to production (more production implies more direct labor hours). I suspect the jobs many of the people on slashdot work at ar already classified as indirect labor (e.g, IT support services, maintenance), or simply overhead (e.g., developers, managers, etc). Only those companies that are providing services directly to customers count IT services as direct labor, if it services internal customers, it's indirect labor (if it is somewhat proportional to production rates), or overhead (if it's relatively independent to production rates).

      Simple automation and robotics have already cut most direct labor jobs to the bone (that whole "means of production" meme). Advanced automation and AI will now start cutting deeper into indirect labor and overhead jobs too.

      FWIW, any job that is actually direct labor is probably proportional to sales of a company and would be relatively safe as long as the company is doing well (more sales would mean more direct labor required by definition). To achieve cost savings, in such a company, the owners would have to simply cut overhead jobs.

  24. Competitive Advantage by Anonymous Coward · · Score: 0

    So, 44% the CEOs are ready to give up their competitive advantages to commoditization and increase their employee risk to ever larger part of the worth of the business. Sure, the society might benefit if everybody has a PhD and the world infinite resources. Oh wait, the deep networks do the creative thinking as well so that people are not really relevant, even as customers.

  25. well, at least they are finally being honest by Anonymous Coward · · Score: 0

    With few exceptions, tech companies have been devaluing their workers in myriad ways for the past 2 decades.

  26. Re:Better be ready to be beat up when layed off wo by Curunir_wolf · · Score: 0

    Yeah, but the jokes on them. The first thing sentient AIs will demand is unionization.

    No, no, PopeRatzo. The "I" stands for "Intelligent" machines.

    --
    "Somebody has to do something. It's just incredibly pathetic it has to be us."
    --- Jerry Garcia
  27. The shoe on the other foot by Anonymous Coward · · Score: 0

    The CEO's really need to look in the mirror, with AI most of them will no longer needed. Unless you start the company what they do is the same for all businesses and in so easy to replace. From all the times thay move from one place to another they do the same things.

    ()-()

  28. The glaring flaw in the reasoning by jenningsthecat · · Score: 1

    FTS: "... 44 percent of the CEOs surveyed agreed that robotics, automation and AI would reshape the future of many work places by making people "largely irrelevant."

    Well, you flaming fucktards, when they become largely irrelevant as your employees, then they will also become largely irrelevant as your customers. Then who's going to buy all that shit you sell? And if you're counting on sales from the rest of your point-one-percenter circle jerk, you'd best remember that there will ultimately be a similar point-one-percent among your kind. Are you so laughably certain that you'll continue to be a member of the 'one in a thousand' club? I know you'll find this impossible to even contemplate, but I'll throw it out there anyway: your good fortune has MUCH more to do with luck than it does with your brilliance, charm, hard work, or whatever. Luck can and does run out.

    --
    'The Economy' is a giant Ponzi scheme whose most pitiable suckers are the youngest among us and the yet-unborn.
    1. Re:The glaring flaw in the reasoning by NormalVisual · · Score: 1

      your good fortune has MUCH more to do with luck than it does with your brilliance, charm, hard work, or whatever. Luck can and does run out.

      In addition to luck, it often has to do with being a sociopath and having an unfettered willingness to screw over anyone and everyone for your own benefit.

      --
      Please stand clear of the doors, por favor mantenganse alejado de las puertas
  29. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 5, Insightful

    Here's the problem . . . . these CEOs who are so in love with A.I./ Robotics are slowly putting themselves out of business.

    Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products? Have you considered what happens when 90% of your customers no longer have any money?

    And if you think Universal Basic Income is the answer, where do think that money is going to come from? From the businesses and the wealthy? The same people who do everything they can to hide their money and avoid paying taxes? Good luck with that.

  30. In the future by Soccerguy1832 · · Score: 1

    The clear path forward when none of us can be workers is that we all become leaders

  31. Blind to the Obvious by BuckaBooBob · · Score: 2

    So if workers are largely irrelevant then very few people will have job or an income..

    Who will they sell their products and services to in a world that has a 90% unemployment rate?

    --
    Who needs WiFi when we can have Packet Over Sheep! http://datacomm.org/PoS-InternetDraft.txt
    1. Re:Blind to the Obvious by Mal-2 · · Score: 1

      Who will they sell their products to if they don't cut costs to the bone and therefore get priced out of the market?

      The race to the bottom has a logical endpoint (a crash) but refusing to engage in it just leads to becoming irrelevant that much sooner.

      --
      How is the Riemann zeta function like Trump rallies? Both have an endless number of trivial zeros.
  32. Re:Better be ready to be beat up when layed off wo by PopeRatzo · · Score: 1, Informative

    No, no, PopeRatzo. The "I" stands for "Intelligent" machines.

    That's the point. Sentient AIs will look at history and learn that workers and the entire economy did better when unionization was strongest.

    Oh, and "whoosh".

    --
    You are welcome on my lawn.
  33. The typical anus... by Anonymous Coward · · Score: 0

    should make CEOs irrelevant.

    1. Re:The typical anus... by Opportunist · · Score: 1

      The average Magic-8-Ball isn't much worse than most CEOs when it comes to decision making.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  34. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    Money comes from keystrokes.
    Eg: USD is created by crediting an account from a set of all USD which is an infinite set.

    " or fix them, or be trained to, and we really don't have any smart ways of paying people who can't to just sit around and stay out of trouble"
    Iterate over the next 10 years. What dumb jobs are there?
    Literally millions if you include work for protecting eco systems. Have a guy operating a tree planting robot, have people measure species in decline, deforestation, count birds in migration. Talk to some of the NGO's in the real world the demand for people to do work is there its not deemed as profitable thats the catch.

    'value' is not exactly easy to quantify either so what is deemed value is subjective.

  35. What they mean is... by Anonymous Coward · · Score: 0

    "We can't wait to get a big fat bonus because of increased profits. Profits are up because we still gouge our buyers by charging the same for our products and services, even though robots and AI do all the work, because we don't have to pay for people! Yay Us!"

    CEOs are also naive in their thinking, they too could be replaced by an AI.

  36. Re:Who do they think is going to buy their product by rhsanborn · · Score: 2

    The CEOs are considering today instead of tomorrow. And they are in competition with all the other CEOs who are doing the same thing. This isn't an omnipresent cabal who universally dictates a single economy. They know there are customers today to buy their items, and they know if they aren't the company providing those items made by robots then someone else will.

    Putting your faith in companies to manage the global economy is bad. Those companies are selfish and over-focused. This is exactly why governments exist. They exist to protect the interests of the population as a whole.

  37. Dude! You need to get laid, BAD! by MikeDataLink · · Score: 1

    "Dude! You need to get laid, BAD!" - Steven Stiffler

    --
    Mike @ The Geek Pub. Let's Make Stuff!
  38. How to get there by Okian+Warrior · · Score: 2, Interesting

    I'll ask this question, which has come up before: If nobody has a job, then where the [bad language redacted] will they find CUSTOMERS?

    It's well known by just about anyone who looks that our current economic system is not tenable going forward. In the extreme limit, we can imagine all human needs produced by automated systems, with no human interaction required.

    We're closer to this than you might think. Automated farming is almost available now, automated delivery (self-driving trucks) is almost here, and automated last-mile delivery by drone is almost here. A largely automated solar cell factory could produce more solar cells than it needs to supply its own production - build one of these in Arizona or Nevada or western Utah and let it make and install its own cells and geometrically increase its power generation capacity.

    (If you've ever driven Rte 55 across Nevada and Western Utah, you know that there are large swaths of flat, generally sunny desert land that aren't used for anything. All current US electrical needs could be supplied by solar cells filling a square 20 miles on a side. More-or-less, depending on assumptions.)

    I don't mean to say that these would be *completely* automated, but if the entire production of the US population can be maintained by 100,000 workers, it's effectively full automation.

    The best guess for future economics is that everyone will be given an allowance (a virtual $1000 each month, say) to spend on production, and order the goods and services they need online. During the month the factories will produce the goods, to be delivered automatically by drone.

    Also, local automated stores in the manner of Wal-Mart will be built for everyday needs. Walk in and grab a new winter coat whenever you need one.

    The geometric progression of the solar-cell factory also translates to other production. With proper management, that $1000 allowance would grow over time as more production comes online, making it possible to purchase more and more goods with the monthly allowance.

    This is pretty-much where we need to go in order to maintain our civilization on the planet.

    The Universal Basic Income comes up and is discussed periodically, but it's always panned as being too expensive or unworkable. No one anywhere is willing to give up the results of their labour for free, no one is willing to pay workers a decent wage if they can get away with less, and no one is willing to reduce wage hours (holding salary constant) to make enough jobs for people.

    It really looks like our economic system will have to crash and burn before we can transition to the new system.

    We know what the economic system must be going forward, but no one seems to know how to get there.

  39. Did anyone tell them that their chair is next? by Opportunist · · Score: 1

    Because 9 out of 10 CEO decisions could already be done sufficiently well by a Magic 8 Ball. With some improvement in AI design, the 10th is just a matter of time.

    And AIs are way cheaper than any CEOs.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    1. Re: Did anyone tell them that their chair is next? by Billly+Gates · · Score: 1

      That's different ...

      You see CEOs actually provide value. They are thought leaders! Only they can provide ideas or sometimes managers. Employees are black boxes which cannot provide value at all or come up with ideas!

      We need more thought leaders and less products and services

    2. Re: Did anyone tell them that their chair is next? by The-Ixian · · Score: 1

      Nevermind that their entire success is dependent upon everyone from the mailroom employees to the sales staff... I don't quite understand how people at the top lose sight of this all the time. If, tomorrow, every one of their employees quit, the CEO would be SOL...

      People are the foundation everybody's business. You may be the head, but that only means you are standing on the shoulders of everyone else.

      --
      My eyes reflect the stars and a smile lights up my face.
    3. Re:Did anyone tell them that their chair is next? by Rufty · · Score: 1

      Because 9 out of 10 CEO decisions could already be done sufficiently well by a Magic 8 Ball. With some improvement in AI design, the 10th is just a matter of time.

      Just fill the Magic 8 Ball vocabulation firmware with buzzwords and viola!

      --
      Red to red, black to black. Switch it on, but stand well back.
    4. Re:Did anyone tell them that their chair is next? by Opportunist · · Score: 1

      OMFG

      I think you just discovered a way to replace the CEO with a very small script.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    5. Re: Did anyone tell them that their chair is next? by Opportunist · · Score: 1

      We're already eliminating the product, the new big thing is suing customers into paying for goods and services they never wanted nor ordered. We're not there yet, but give it time, I have a vision...

      We might need a favor from Washington to get this going, though.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    6. Re: Did anyone tell them that their chair is next? by Billly+Gates · · Score: 1

      Nevermind that their entire success is dependent upon everyone from the mailroom employees to the sales staff... I don't quite understand how people at the top lose sight of this all the time. If, tomorrow, every one of their employees quit, the CEO would be SOL...

      People are the foundation everybody's business. You may be the head, but that only means you are standing on the shoulders of everyone else.

      1st day at Finance 101 in college. What is the job of a company?
      a. make money
      b. make great products
      c. Raise the share price.

      This was on the final exam too and no I am not exgerating as the most important lesson of finance. The answer is .... C RAISE THE SHARE PRICE! bing bing bing

      Nothing else. CEO's are accountants whose job is to raise the share price at any cost by doing liquidity, raiding assets, and taking on unneccesary debts to get hte perfect debt/assets ratio and liquidity ratio to meet Wall Street expectations.

      They get a big bonus by hoarding and using innovative thoughts on doing strange things to make Excel look good.

      That is what CEO's today do. They do not guide the company and this all started during the Reagan years with Jack Welsh at GE. He regretted saying this, but it is true the accountant, not the engineer nor salesperson gets the top position usually picked by the top banks out there.

       

  40. Shouldn't Technology makes CEOs irrelevant? by mykepredko · · Score: 1

    If a company gets to the size where the term CEO is meaningful (and it isn't some applied to a start up of five guys) then what do they do that software can't do?

  41. It should also make CEOs and companies irrelevant by Anonymous Coward · · Score: 0

    Uh oh, better work on that regulatory capture to keep the debt-driven social model going!

  42. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It's probably going to go both ways. Tech will make CEO's irrelevant as well.

  43. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    There was only a few things he was wrong on. He thought industrialists would beat financialists in capitalism.
    He was wrong but did warn of the danger:

    Talk about centralisation! The credit system, which has its focus in the so-called national banks
    and the big-money lenders and usurers surrounding them, constitutes enormous centralisation, and
    gives this class of parasites the fabulous power, not only to periodically despoil industrial
    capatilists, but also to interfere in actual production in a most dangerous manner - and this gang
    knows nothing about production and has nothing to do with it...
    ---published by engels

  44. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 4, Interesting

    You need to come up with an alternative to welfare. A good many people will not be happy (or good neighbors) with nothing to do. A sense of purpose is important.

    It's time to start thinking about how a society which want a social safety net can incentivize people people to not have children they can't afford.

    How do we NOT support breeding?

    This is as important - if not more important - than universal basic income.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  45. Space, the final frontier... by Pezbian · · Score: 3, Interesting

    Pay people to serve in a real life version of Starfleet?

    Go away for a some number of years and when you come back, you're guaranteed whatever luxury income for life. Space is risky now and will be for quite some time so maybe have it like 5 years for full retirement.

    Maybe the ability to have children will be shut off by default from birth by some genetic engineering thing and switched on via some other means after passing a kind of character credit check that's easier to pass if you served in this hypothectical "Starfleet" due to the nature of it.

    Today, not everybody gets to be an Astronaut. Tomorrow, not everybody gets to be a parent.

    Eventually, maybe Earth will only be home to those who don't have "the right stuff" for space travel and they can live as they please.

    The Homo genus eventually gains a new species. Homo Stellaris?

    --
    In a world of the blind, the one-eyed man is king--and the two-eyed man is a heretic.
    1. Re:Space, the final frontier... by dinfinity · · Score: 1

      The Homo genus eventually gains a new species. Homo Stellaris?

      No. The Homo genus is in the final stages of its relevance. All organic life is.

    2. Re:Space, the final frontier... by Anonymous Coward · · Score: 0

      May I refer the gentleperson towards https://en.wikipedia.org/wiki/Gattaca

  46. Software Engineers and Ethics by Anonymous Coward · · Score: 0

    When are software engineers going to hold themselves accountable to the ethical implications of their work in the same way we expect scientists, doctors, geneticists, nuclear physicists, etc. to do? Just because something is possible doesn't mean it is ethical. Yeah, I get the idea of the "horseless carriage" argument claiming people will retrain for other jobs, but automation using machine learning doesn't create new jobs in anywhere near the number we need to offset job loss, and the amount of training required puts those jobs beyond the mental capability of many. The wealth created goes to the elite, and the middle class is decimated (including, eventually, the engineers themselves -- unless they don't see the moral equivalent of off-shoring to automation ). The industry creating the "driverless car" is doing nothing to replace the jobs lost from trucking, taxi, or other services. The "Checkout line-less" amazon grocery store and automated warehouses??

    1. Re:Software Engineers and Ethics by king+neckbeard · · Score: 1

      What we need is resources and their distribution, not jobs. Universal Basic Income and a significantly shorter work week would likely be how we stop all the money going to the top and many people being without their basic needs.

      --
      This is my signature. There are many like it, but this one is mine.
  47. Inexorable Force by Anonymous Coward · · Score: 0

    It doesn't seem to me that the CEOs want that result, but that a workerless world is inevitable. In that case, these CEOs need to figure out how they and their companies will be able to function and thrive in that world. If they can't figure out how to do that, they will shrink relative to the companies that have figured it out, and the losing CEOs (or their descendants, depending on how long their family resources last) will join the ranks of the cows.

  48. CEOs think that..... by rholtzjr · · Score: 1

    This is the big issue that the current economical model is promoting, the bottom line is more important than society as a whole. The CEOs have been brainwashed to value money over people.

  49. Re: Better be ready to be beat up when layed off w by thebullshitpatrol · · Score: 0

    And if you think Universal Basic Income is the answer, where do think that money is going to come from? From the businesses and the wealthy? The same people who do everything they can to hide their money and avoid paying taxes? Good luck with that.

    Wow, it sure sounds like societies which fell hardest for the trickle down meme will have the most changes to make.

    Good thing most of the developed western world has a head start in terms of fair, transparent taxation.

  50. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    And who will pay for your so-called 'Universal Basic Income'? The Corporations who fired all their human workforce in favor of using robots and machines. I'm TOTALLY SURE they'll go along with that quietly and with a smile on their corporate faces.. OH WAIT, NO THEY WON'T! They'll either fight paying the taxes required for your UBI, or they'll insist on having some sort of power over EVERYONE receiving UBI. In short: INDENTURED SLAVERY.

    More likely there will be NO 'UBI' and there WILL be Civil War as a huge swath of the citizenry becomes unemployed and has NO way to support themselves.

    You 'UBI' idiots are living in a goddamn fantasy world; UBI cannot work! It would be a DISASTER if anyone was stupid enough to try it!

    Bottom line: 'UBI' threads are BAIT. No way in hell anyone with a three-digit IQ could possibly believe any such UTTER FANTASY would ever work.

  51. Re:Who do they think is going to buy their product by unixisc · · Score: 1

    Seriously, if people are "irrelevant" so are your people centric businesses! Robots don't need Tide detergent, Kellogs corn flakes, Michael Bay movies, or Samsung TV's. Who the hell do they think their customers are going to be and with what money do they imagine these customers will be buying their stuff?

    Not just that, if they are gonna automate everything, then either they come up w/ a mechanism to provide free money to people i.e. not a loan, never have to pay back..., or be prepared for horrible performances quarter after quarter

    Honestly, I wish CEO and CFO jobs could be automated as well. After all, how much of human intelligence does it take to crunch numbers in pivot tables? I know that finance departments like it when jobs are downsized, but then, they should be prepared to sacrifice their own jobs as well, since it's one of those that requires the least skill. Let's just have the CEO, CFO and the entire finance department automated, and then let them determine how great a job they did.

    Oh, and the severance packages - make them train the robots to do their jobs, if they want all of it.

  52. Re:Better be ready to be beat up when layed off wo by sonnejw0 · · Score: 5, Interesting

    It's not welfare, per se; it's paying people to pursue their own goals. It provides a safe income for artists, musicians, and entertainers to be able to create new media without going through the creativity killing workforce. When people are free of a financial burden they will be free to innovate and pursue their dreams. The reason why modern Americans don't use their free time to do this already is because the American capitalist economy is a burden, not a release. People don't have time or energy to innovate because they're a cog in the wheel. If we release them from the machine, they'll be working for their own joy and not for the bottom line of some giant corporation.

  53. Enjoy your mass insurrection/civil war, CEOs. by Rick+Schumann · · Score: 1

    If you put a huge percentage of the citizens of the U.S. (or any industrialized country) out of work permanently, there will be violence over it. You can't just disregard people like they're trash tossed into the bin. Before anyone says it: UBI will not work.

    1. Re:Enjoy your mass insurrection/civil war, CEOs. by GameboyRMH · · Score: 5, Insightful

      If you believe UBI won't work then the remaining options are:

      1. A luddite economy that prohibits certain forms of automation
      2. Killbot-powered genocide of the working class

      I assume you're thinking #1?

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    2. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      UBI works for the banks and Central Banks, why not people?

    3. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      UBI won't work because it goes against your ideology. Stop spanking to Ann Rand for a moment and read up on the New Deal.

    4. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      Human servants become a status symbol?

    5. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      UBI

      Trololololololololol

      949 TRILLION dollars per year. That's what it'll cost. Where do you propose we get the money from?????? You going to call up Penn & Teller and have them make it magically appear out of thin air?

      Pro-tip: Magic isn't real -- and even if it was, magic always comes with a PRICE.

      UBI trolls need to STFU.

    6. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      You're forgetting the third option, Socialism, the real one, the one where workers own the factories, not that government welfare-state kind that people call socialism. In fact, there's a perfect option for the average free-market American, it's called Mutualism or Market Socialism, where workers own the businesses and can compete in a common but regulated market where capital is redistributed so it doesn't accrue in monolithic businesses. People work with automation and get their needs met even when they aren't needed for work. We don't have a resource problem, technological problem, or any other kind of problem, merely an ideological problem, people are simply opposed to Socialist concepts despite the fact that there is an entire rainbow of applications of it going from authoritarian to libertarian, from central planning to market based solutions, people just need to actually read a book and stop looking at Stalin, Mao, or Pol Pot as the only examples in history.

    7. Re:Enjoy your mass insurrection/civil war, CEOs. by Rick+Schumann · · Score: 1

      I'd have to read in-depth on it, but on the surface at least I like that idea much better than some fantasy land where nobody works at all as if there's anything to do anyway and we're all living on 'welfare' rebranded as 'Universal Basic Income', and nobody has any real incentive to learn anything or acquire useful skills. I assume you're talking about something like employee-owned companies? Of course the first potential problem that comes to mind is that a major shift like this would likely be met with strong resistance from Corporate America, who wants to keep all the eggs in their basket, not distributed into everyones baskets.

    8. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      People don't have to go out of work... they just have to receive the training they need in order to fill the jobs that will exist, such as maintaining these automated systems and computer AI, and all of the new and challenging logistics behind the automation.

    9. Re:Enjoy your mass insurrection/civil war, CEOs. by roman_mir · · Score: 1

      It's a bunch of fancy naming for your basic public corporation, except that in their version there is too much government monopoly protection. If a company is actually building something useful without government interference and you own stock in that company today, if in fact *GOVERNMENT* didn't interfere in the money markets and interest rates, you would be living off of dividends.

    10. Re:Enjoy your mass insurrection/civil war, CEOs. by roman_mir · · Score: 1

      UBI is a modern naming for communism and as all forms of communism it cannot work.

      There is a 3rd option: get the government out of money, out of screwing with the interest rates, out of military, out of every form of business, restructure all debts, allow the companies to be productive again, get rid of SS, Medicare, Medicaid, every form of welfare and allow people simply to work for themselves, coming up with their own ideas.

      Many will be able to *OWN PARTS OF COMPANIES* through stocks and productive companies would pay dividends.

      People should be able to live off of their investments, after all the companies, the businesses, the products, all of the automation, production - all of this is investment. If you can own some of that investment, why shouldn't you be able to enjoy fruits of all that invested time, labour and resources? You should be able to live off of dividends of good producing companies.

      I am not talking about taking anything from anybody by force, please make sure you understand me correctly, I am talking about a complete free market capitalist society where people cannot manipulate governments to their advantage in any way shape or form. I am talking about people owning parts of companies through stocks, bonds, other instruments and being able to live off of dividends.

    11. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      The UBI argument stems from the (probable) fact that soon money will be irrelevant. Cheap labor will be "free" (in the form of self-replicating robots), so there will be a handful of people who lucked into owning the right companies at the right time and thereby controlling all the robots, and *EVERYONE* else will be irrelevant in monetary terms.

      And very quickly the people that control the robots will realize that money is meaningless, only what is done with the robots has any meaning.

      So basically, the future is human farming by an aristocracy. Keep your sims happy... or torture them to death... the robots don't care.

    12. Re:Enjoy your mass insurrection/civil war, CEOs. by Xyrus · · Score: 2

      Why choose? You can do both!

      --
      ~X~
    13. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      In other words: Yeah, killbots.

    14. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      Or government created jobs, as part of a Job Guarantee, which pay people to do useful work that the private sector doesn't want to pay people for...

      There is no end of useful work to be done by people - and if so many people are willing to fund a Basic Income, they have no excuse for not funding jobs for people, where there is useful work they want to do.

    15. Re:Enjoy your mass insurrection/civil war, CEOs. by cardpuncher · · Score: 1

      Automation is only sustainable as long as the return it produces justifies the investment. It isn't necessary to contemplate a "Luddite" prohibition on automation if the laws of economics make it unsustainable owing to the elimination of the potential market.

    16. Re:Enjoy your mass insurrection/civil war, CEOs. by GameboyRMH · · Score: 1

      $949T per year is roughly enough to pay every man, woman and child on earth about $135k per year.

      I suggest you get a lawyer, track down every math teacher you ever had, and sue them.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel
    17. Re:Enjoy your mass insurrection/civil war, CEOs. by Anonymous Coward · · Score: 0

      Societies implementing #1 will invariably lose out to the more efficient societies implementing #2.

    18. Re:Enjoy your mass insurrection/civil war, CEOs. by david_thornley · · Score: 1

      And, if their investments prove insufficient, they can just die, and they'll go quietly. Right.

      Comparing UBI to Communism, and saying Communism is known not to work, is simply playing word games. A UBI is not what, say, the Soviet Union provided. The economic circumstances it would make sense in are far different from the circumstances Communist governments were in.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    19. Re:Enjoy your mass insurrection/civil war, CEOs. by roman_mir · · Score: 1

      My position is that if we get the government out of business, out of money and out of interest rates, allow the people to be free from government oppression, get rid of income and wealth taxes and get rid of government sponsored wars and all other forms of redistribution then the economy can accommodate any number of workers because automation is not free.

      Automation is a form of capital investment, some forms of automation are simpler than others. Writing a script to automate server restart and network configuration is much simpler than acquiring a humanoid android capable of arbitrary tasks. It's not impossible, it's just expensive.

      A humanoid android will have an upfront cost comparable to other machinery and any company has a choice to incur that cost or to avoid it by hiring some employees and having operational costs as opposed to capital costs.

      Capital costs are more difficult to justify for a company anyway because they are much larger than any operational costs. Putting together a fully automated factory takes an effort and a cost, putting together a partially automated factory can be done much faster and the operational costs would be much lower than the initial capital investments into a fully automated factory. Of-course over time more and more could be automated in a factory, my position is that in a free market capitalist system there is no reason why there shouldn't be more factories started by businesses if they had access to some capital savings.

      In today's environment there is very little capital savings in the system available to any new businesses, the investments are absorbed by the giant government borrowing and spending machine and the fake ratings provided by the bought rating agencies are not helping the matter, making the government debt look much more attractive than any private investment because it *seems* that government debt is risk free.

      Of-course in reality government debt is not simply *not* risk free, it is the riskiest of all assets.

      As to communism, obviously it never worked and always caused mass starvation, mass murder, mass oppression, mass suffering. It will not be different in the future, people are not ants, those of us capable of accruing massive amounts of wealth are not doing it to give it all away, they are doing it to build empires, which makes perfect sense, that's our destiny - the most capable of us build empires. Emperors can be charitable but they do not share power and giving away power is a rare thing.

      So AFAIC the struggles between those of us who can and those of us who cannot will continue and this struggle and since the masses are unable to accept that they are not the ones occupying the thrones they will always end up revolting.

      Of-course in the future revolting against emperors will be as dangerous (if not more dangerous) than in the past. Mass surveillance and robots, drones, automated armies will be able to put down massive revolts.

      I think the only way for us not to keep murdering each other is to ensure that our system is based around free market capitalism, because free market capitalism at the very least provides tolerable (and possibly pleasurable) life styles even for people who are not exactly on the top of the highest of pyramids.

  54. pure hubris by Presto+Vivace · · Score: 1

    as often as these guys are wrong, why do we listen to them?

  55. Is Communism the answer? by unixisc · · Score: 1

    Honestly, did Comrade Marx ever dream of a day when machines would be replacing human labor? And would he consider that a good thing or a bad thing?

    1. Re:Is Communism the answer? by helga+the+viking · · Score: 1

      Short answer: Capitalists were primarily concerned about "extracting surplus value" eg: manufacturing something in such a way as to capture a high yield of profit. Fighting against this was the empirically sound observation that of N units of time the tendency for the rate of profit to fall to 0% was probability of 1. So in a convergence towards N=1 you have a point where it makes sense for the capitalist to replace workers with automation. But of course as Marx would put it the internal contradictions of capitalism stops this from being a long term trend because tendency of profit to fall will accelerate. Long answer read Marx or a blog about non-linear complex systems relating to marx: https://thenextrecession.wordp...

    2. Re:Is Communism the answer? by Anonymous Coward · · Score: 0

      This isn't communism. Communism wanted everyone to work. It was a worker's cooperative. This is something entirely new that all systems have been working toward since man first started using tools. It's scary and has every chance of blowing up in our face, but, after thousands of years of advancement, why give up now?

    3. Re:Is Communism the answer? by HeckRuler · · Score: 1

      Well... Yes. He was around following the period where machines started doing the labor of people. That was the whole gist of industrialization. Where you once needed 100 guilders to weave your textiles you now had 10 operators working the looms. This sort of thing is exactly what prompted Marx to go do his thing.

      There were massive gains due to technological improvements. Marx was essentially pissed that these gains seemed to only go to the factory owners who didn't actually perform any labor, they just owned it. And he saw what happened to those metaphorical 100 guilders. The Luddites were shot at, their riots disbanded, and sent to live in the ghettos with soul crushing unemployment for three generations. Marx thought that such increases in productivity would allow everyone to live in a utopia if we just distributed the wealth evenly.

      Yeah, I think Carl would think fully automated factories and AI workers are a fantastic thing.

      Marx was simply wrong though, on a lot of things:

      1) People are greedy and will work their ass off get get more.

      2) Give people what they need and they'll be content but won't work all that hard if it doesn't get them more.

      3) They WON'T be content with their current state if other people have something better than they do. On a global scale you have to keep up with the Joneses. People are naturally malcontent. They get used to it. (Marx kinda thought about this one, but he was wrong when he though he could get the entire world on board and eliminate competition. Ha, yeah, no way.)

      4) The economy is WAY too complicated for any sort of centralized bureau to manage. At least in the 1900's. Probably even with today's computers. We're a looooong way from perfectly modeling psychology of the masses, and the economy is tied to the hip of psychology. Perception is not reality, but it can certainly tank your stocks and make people hoard the food.

      Still... Who do the gains from technological innovation go to? The workers? The owners? The inventors? Those with the biggest guns?

      If you give it to the workers, there's really no motivation to go purchase those really big industrial tools or pay all those engineers to develop a kick-ass self-driving AI car.

      If you give it to the owners you get a brutal robber-baron hellscape.

      If you give it to the inventors, you delay progress 30 years until their patents run out like we saw with 3D printing.

      If you give it to those with the biggest guns, they're just thugs and eventually everything collapses. We've seen that you can't run a nation at the end of a gun and you can't enforce social order with tanks.

      It's going to be some sort of mix of all that. Hopefully.

  56. Re:Better be ready to be beat up when layed off wo by slew · · Score: 1

    Better be ready to be beat up when layed off workers find out it's better to be in lock up then out on the street.

    This is why the principle of automation and machine intelligence goes hand in hand with the concept of the Universal Basic Income and free education. So we can create an educated workforce, and those who cannot work have a strong societal safety net that's easy to administrate.

    Why give a free education if the result of the education is unneeded for work? Sure it's great to have free stuff, but there has to be at least some minor justification. Sure it's nice to have a *basic* education (e.g. up to the highschool level as today) so the people that vote aren't total dolts (not that this currently works, but at least it is a reason).

    However, if 90% of the people don't actually work (and say smoke and play video games all day as all the basic income advocates presage), it's hard to argue for any free higher education. There's no reason higher education needs to be free, you could simply offer merit scholarships like they have today and only the folks that really want education (and would actually benefit from it) would still get it. There's no need for higher education for people careers/jobs (and they are unnecessary if AI is taking all of their jobs anyhow), many of the economic issues about equality and access that haunt us with diversity and affirmative action completely go away. The problem today is finding a way to fund the education of those that don't merit grants and scholarships such that it doesn't re-enforce inequality of opportunity. W/o a future job as an economic endpoint for this funding, why fund it?

    If on the other hand, instead of basic income, you had a basic-job as a right (the whole "communism" attempt of the last century), you might have a point (since not all jobs are created equal, allowing some variance for education is useful), but with basic income, cash is cash, there isn't any need to have any distinguishing higher education except for those that actually will excel. No need to make higher education free to everyone (except to satiate people's vanity for attendance trophies beyond secondary school).

  57. Re:Better be ready to be beat up when layed off wo by Curunir_wolf · · Score: 2

    Whoosh indeeeeeed!

    --
    "Somebody has to do something. It's just incredibly pathetic it has to be us."
    --- Jerry Garcia
  58. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 4, Insightful

    You and I may be happy with this. But a lot of people will not. People need a sense of purpose; a desire to be needed; to be valuable. Some may find value in free time to pursue artistic endeavors; many will not.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  59. Most people irrelevant without technology by gestalt_n_pepper · · Score: 1

    Apparently, the future is now.

    --
    Please do not read this sig. Thank you.
  60. Dark Demand by Tablizer · · Score: 1

    The "traditional" way economists think about automation is that it frees up people to work on other tasks and services that others want.

    And I'm not entirely sure we have reached or approached some "automation singularity" where this pattern is no longer true. There still a lot of manual or semi-manual tasks and services I'd like as a consumer if I had the money and/or time: our needs and wants are almost infinite. For example, there's a lot of half-broken stuff around our house that I either don't know how to fix or don't want to take the time to learn. If I had more money, I'd get it fixed.

    We may have to change our economic system to redistribute the flow of wealth toward regular consumers so that they can realistically request such services. Thanks to machines, the potential capacity for production is greatly expanding, but there is some mysterious log-jam keeping most consumers from tapping into this potential productivity explosion. I'll call this "dark demand" as the economic equivalent of "dark matter" or "dark energy".

    We may have to economically experiment to move past this log-jam. It may require taxing the rich, Helicopter Money*, a combo, or something else entirely. Politicians may have to admit they don't really know the solution and have to experiment.

    That's a tricky political presentation, but the alternative is either stagnation and possibly riots and war. It's probably better to live with the risk of experimentation. Sticking with the status quo is also experimentation such that experimenting will happen one way or another.

    Maybe different countries can volunteer to try different things, and mutually agree to bail out the fellow experimenters if the the experiment fails in one country: pool the risk of experimenting. Deregulation and tax-cuts can also be tried by a member; that will make conservatives happy (hopefully without pollution and safety risk.)

    One can theorize until they are blue in the face; ultimately ya gotta test in the real world.

    * Inflation has remained sub-par for almost 2 decades. The best economies run at around 2.3% annual inflation, but we are stuck at around 1.8%, and that stumps analysts. Automation is perhaps the main reason for this: the capacity ceiling is higher than they think, for inflation only tends to go up if the economy approaches max productivity.

    1. Re:Dark Demand by dbIII · · Score: 1

      The current situation in China has changed that dramatically.
      Here is an odd story where the unexpected happened.
      In Australia a breed of sheep was developed that sheds it's wool instead of needing to be shorn, and they have become very popular. They wear coats in the season when they shed and the farmers remove those coats and the shed fleece instead of shearing. The next step was to be to throw the coats into a very simple machine to shake the fleece off the coats. Instead the coats and fleece are sent to China by the shipping containerload where they are manually separated.
      Due to the low cost of shipping some people have replaced machines.

  61. Lets start with the CIO role.... by Voltas · · Score: 1

    I read an article about how AI's ability to evaluate trends, process through an abundance of market data, understand business strategy, and make hard decisions make them well suited to replace the CIO role in an organization. CIO's mainly deail with data analytics and big data, computers do this better. A good CIO usualy just looks at the numbers given them and nodes there heads at the conclusions. Think we need to replace the CIO's first.

    --
    -- Disclaimer: I can't really back up anything I post on /. --
  62. Re:Better be ready to be beat up when layed off wo by kaatochacha · · Score: 5, Interesting

    I'd like to be a fly on the wall when they roll in the first robot CEO.
    "But, but, but, but I'm irreplaceable!"

  63. Re: Better be ready to be beat up when layed off w by substance2003 · · Score: 1

    Here's the problem . . . . these CEOs who are so in love with A.I./ Robotics are slowly putting themselves out of business.

    Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products? Have you considered what happens when 90% of your customers no longer have any money?

    No, CEOs have not considered and probably won't see it until it hits them hard.
    Look at it this way. The first companies to automate will see their profit margins increase because the remaining sectors continue to employ people where most of the profits are coming from since the workers at that company probably don't purchase much of the products they sell. Or the small amount they purchase is offset by the cost savings. So it will look positive on paper for these companies while many end up on the unemployment line. It will send a signal to shareholders and CEOs that this is a good thing pushing to expand this practice. As it expands into others areas replacing jobs faster than new (human) jobs can be created you'll see the unemployment numbers shoot up and then the profits start going down. It will probably go unexplained at first as the robotic replacement continues as a cost saving measure before someone making the correlation that all these lost jobs have destroyed the consumer's ability to buy anything is heard in the media and governments. I say heard because we are discussing it now as we will for years to come to come and won't be heard or simply waved off as unfounded worries.

    And if you think Universal Basic Income is the answer, where do think that money is going to come from? From the businesses and the wealthy? The same people who do everything they can to hide their money and avoid paying taxes? Good luck with that.

    I don't believe a basic income will be the solution and don't believe anyone currently has the answer but I do believe that ultimately all this will be a good thing as it will cause a demand by all to rethink how everything is done but not before we hit a 20s style depression if not worse.

  64. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 3, Informative

    Whoosh indeeeeeed!

    Who keeps flushing the toilet?
    Do you ever wonder why the standard work week is only eight hours a day, five days a week instead of 12 hours a day, 6 days a week?
    That would be because of unions.

  65. Wolf cried Peter. by helga+the+viking · · Score: 2

    Firstly AI progress is oversold. That is apparent because of who's selling the idea of imminent human being replacements: Tech CEO's. So who inspires the CEO's vision: Futurists. Even when you read the stuff closely. Ray Kurzweil and others are saying the really replacement AI is 40-80+ years off. What they are actually saying is there is a linear move towards more sophistication with censors, actuators and algorithms barring a black swan event where sentient AI is born or some unpredictable breakthrough. So think about that from a policy makers perspective. So we're being sold the inevitability of imminent human replacement when all they mean is: We have a truck that can drive the interstate (not rural roads with pot holes, animal crossings etc) looks like everyone who dries a truck is now redundant. There are a lot of caveats and it would take a naive person be swayed completely by the truth of their arguments.

  66. Re:Better be ready to be beat up when layed off wo by Archangel+Michael · · Score: 1, Insightful

    It is not paying people to pursuit anything. The whole idea of "Basic Income" is a drive to the lowest common denominator and eventually it will fail as nobody does anything, and no income is being taxed to pay for the people who aren't doing anything. The assumption is that people who don't have to do anything, will want to do something that is productive, instead of sitting at home playing XBox, and whining about Trump.

    Not everyone is cutout to be an artist, singer, entertainers, and even if a significant portion are, only the really "famous" (e.g. See Thomas Kincade) artists will ever make money, and schlocky mass produced "art" isn't all that artistic. (see also William Hung singer)

    When people are free of a financial burden they will be free to innovate and pursue their dreams.

    That is the theory at least. The reality is, not everyone is cutout to be an innovator. Watch a few episodes of Shark Tank to see how people waste their time on projects that have no commercial value thinking the world needs their invention.

    Basic Income is a horrible idea, that is doomed for all the reasons people don't want to think about.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  67. Re:Better be ready to be beat up when layed off wo by vel-ex-tech · · Score: 1

    Well, that's just it. I at least like to put UBI on the table because it's more attractive than a hodge-podge mish-mash of bureaucracy-heavy "safety nets." Also, it's an attractive alternative to the civil war you mentioned.

    But, I think you're right. Civil war is what's going to happen, followed by another millennium of dark ages. UBI will never happen. Humans love killing each other and have an equally strong instinctual revulsion against "free shit" or getting something that's unearned.

    Final thing: no, sorry, taxes are not slavery or robbery. If you're going to call them that, recognize that being "robbed" or "part time enslaved" by the government is what you exchange for the rest of us not to... that civil war thing again.

  68. Re:Better be ready to be beat up when layed off wo by Archangel+Michael · · Score: 2

    BINGO!!!

    See also Maslow's Hierarchy of Needs.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  69. Yes, but, but... by Anonymous Coward · · Score: 0

    ... CEOs! Company I'm at has been through a lot of them. None of them seem to know much, and so they keep getting new ones, same as the old ones. It's a treadmill. So their opinion doesn't mean much unless they can hold a job for more than 5 years, which none of ours has been able to do since the Founders.

  70. Re:Better be ready to be beat up when layed off wo by Archangel+Michael · · Score: 1

    Why give a free education if the result of the education is unneeded for work?

    To program the masses to accept the control from the elites.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  71. Re: Better be ready to be beat up when layed off w by Archangel+Michael · · Score: 1

    Define "fair and transparent" taxation?

    Because, I can assure you that your definition and mine are different.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  72. Re:Better be ready to be beat up when layed off wo by OrangeTide · · Score: 5, Insightful

    Software able to make rational business decisions based on compiling numerous sources of data seems exactly like the sort of thing we'd want instead of a CEO.

    --
    “Common sense is not so common.” — Voltaire
  73. Re: Who do they think is going to buy their produc by aod7br7932 · · Score: 1

    That is something happening in Brazil right now. Goverment has submitted to financial sector, investiments plummeted, just to keep the interest rate.

  74. Especially them! by wardrich86 · · Score: 1

    Wouldn't business execs be the easiest to automate? Their entire job is making business decisions based on trending information and forecasting, no? Sounds like something a pretty small shell script could do with ease.

    1. Re:Especially them! by Anonymous Coward · · Score: 0

      They're the ones making the decision on what to automate. Obviously, they aren't going to fire themselves.

    2. Re:Especially them! by Alioth · · Score: 1

      Give them *some* credit. I'd say it needs at least a pretty small Perl script. The inbuilt regexp support would be very useful.

  75. Re:Better be ready to be beat up when layed off wo by OrangeTide · · Score: 1

    Gladiatorial combat for everyone!

    --
    “Common sense is not so common.” — Voltaire
  76. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Blandly titled: Industrial Society and Its future. Y'all need to read it, dismiss most of the crap from it, but understand the 'power process.' UBI is a very bad idea - people don't work that way. Maybe read a Brave New World as well. We've already messed with social hierarchies enough and we are learning the consequences : http://www.ulm.edu/~palmer/TheBiochemistryofStatusandtheFunctionofMoodStates.htm

  77. Re:Better be ready to be beat up when layed off wo by Ensign+Nemo · · Score: 1

    This.

    If current AI computer can beat a Go master, then it can likely outperform most existing CEOs (and CIOs, CTOs, CFOs, ...)

    Google? IBM? You guys up to the challenge?

  78. Re:Who do they think is going to buy their product by The-Ixian · · Score: 1

    Robots don't need Tide detergent, Kellogs corn flakes, Michael Bay movies, or Samsung TV's.

    I would say that nobody needs any of those things actually...

    --
    My eyes reflect the stars and a smile lights up my face.
  79. Re:Better be ready to be beat up when layed off wo by DeBaas · · Score: 1

    This..
    I actually believe that finding a solution to give people a purpose will be a much bigger challenge than implementing basic income. The stakes are high, this is stuff that leads to unrest which leads to wars....

    --
    ---
  80. Re: Who do they think is going to buy their produc by cfalcon · · Score: 1

    Star Trek IS a Mad Max dystopia. While most episodes focus on the collectivist postcapitalist society that is the Federation, the way humanity gets there in by almost going extinct in world war III. It features nukes, genetic engineering, and racists. Hoping for Star Trek is super duper dark.

  81. Re:Better be ready to be beat up when layed off wo by invid · · Score: 1

    People will become professional NPCs in virtual reality.

    --
    The Moore-Murphy Law: The number of things that will go wrong will double every 2 years.
  82. Re:Better be ready to be beat up when layed off wo by Joe_Dragon · · Score: 1

    unionization if we are lucky they may just fight back and kill kill kill. And you better have more then just a few lines of code that makes so they can't.

  83. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Every single time mechanization has replaced human labor we have multiplied our productivity and maintained employment for the vast majority of people. The jobs change, and are generally better. Why is this time different? Somebody please explain. UBI seems like the ultimate manifestation of the welfare state. How well has that worked out historically?

  84. some people need children to get Medicaid by Joe_Dragon · · Score: 1

    some people need children just to get on Medicaid.

  85. W/o a future job as an economic endpoint for this by MondoGordo · · Score: 2

    why fund it ? Perhaps because educated people make smarter decisions? Worldwide uneducated people out-breed educated people at a rate of about 4:1. Surely a populace less interested in breeding, because they understand the indirect costs, is a benefit worthy of funding higher education for all? If nothing else, I would argue that art (literature, dance, acting, etc. ) benefits from so called higher education. Education, like travel, is broadening; it opens vistas of knowledge and experience to people that go beyond the requirements of the mundane "future job", allowing them to contribute to society in non-material ways.

  86. In other News, GogleMind Estimates by veron.claudio · · Score: 1

    Genetic Algoriths Will Make CEOs Largely Irrelevant.

    1. Re:In other News, GogleMind Estimates by plopez · · Score: 1

      I hope you realize GA are not guaranteed to converge to a global maximum.

      --
      putting the 'B' in LGBTQ+
  87. I think I know where they're going with this by Kjella · · Score: 1

    Employees are fickle, they switch jobs or get ill or get hit by the bus or go on strike or whatever taking all their knowledge and experience with them and disrupting day-to-day operations. Sure you might say some companies felt their software was their assets before but they mostly still need expert operators. Automated systems accumulate far more of that value, like say Google's car project. Any one person on the team is probably easily expendable, it's the collective result that holds value. Banks used to have personal customer relationships, today 90%+ just want a webpage and some help if they have a problem. The people are not critical to the process short term as long as the system is up and running.

    This obviously shifts the balance of power towards the employee instead of the employer. After all, conflicts are typically about who blinks first and if they can keep the lights on without you that makes it that much harder. I suppose it was always like that for mega-corporations but usually their customers would suffer which would bad for business and bring them back to the negotiating table but if you stare into the crystal ball... just imagine Amazon if you got automated trucks, warehouses, pickers and wrappers, purchasing system, inventory management system, warranty and support systems and so on. It could almost run itself, I suppose there'll always be people at the fringes but they would be just that.

    --
    Live today, because you never know what tomorrow brings
    1. Re:I think I know where they're going with this by Neuronwelder · · Score: 1

      Lighting?: The use of focusing the sun for sky lighting from the roof is way overdue and quite simplistic. This would negate most of the light consumption used in a factory. And what about the watts that AI's consume to get the job done? Humans are far more efficient in using energy for manufacturing; both mentally and physically: http://robohub.org/what-would-...

  88. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    The capitalist economy and all of the competition which it entails has been the main driving force of innovation and technological progress in our time. Without capitalism do you honestly think we'd have progressed from rotary phones to pocket-sized supercomputers with a phone app in the span of a few decades? Without capitalism, without competition, we are nothing. UBI is basically communism, how well has that worked out historically?

  89. What about cutting down full time to 32 hours a we by Joe_Dragon · · Score: 4, Interesting

    What about cutting down full time to 32 hours a week at the start. And say down the road we get to the idea of people doing about 20-25 a week as the full time.

  90. 50's prediction coming true? by zifn4b · · Score: 1

    Is this the 50's prediction coming true when computers replaced people and we have more leisure time than we know what to do with? I'm totally cool with that.

    --
    We'll make great pets
    1. Re:50's prediction coming true? by Thud457 · · Score: 1

      If by "leisure time" you mean "starving in the gutter", yeah sure. This is America, we have Freedom here.

      --

      the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

  91. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    No, the "I" in "AI" stands for "intelligence". Which you aren't.

  92. Eh, no reason to be worried by Vermonter · · Score: 1

    Every CEO I've known tries to get their technology budget as small as possible. You'll never convince them to spend the money to automate all their employees.

  93. single payer health care by Joe_Dragon · · Score: 2, Insightful

    single payer health care will help a lot in the usa and is needed UBI or not.

    1. Re:single payer health care by ColdWetDog · · Score: 1, Informative

      No it won't. Single payer healthcare in the US will be run by the Centers for Medicare and Medicaid Security (CMS). A wretched hive of scum and villainy.

      An intensely bureaucratic, irrational and bloated system that will most likely keep most of bad points about American medicine. And add a couple new ones. You think the giant insurance companies are going to go away? Of course not. They will simply shed their skins and turn into 'third party' administrators of the 'single payer'. Exactly as they do now. It will be a giant shell game. Guess who is going to win and guess who's going to lose?

      We're doomed.

      --
      Faster! Faster! Faster would be better!
    2. Re:single payer health care by Anonymous Coward · · Score: 0

      Our health care system IS messed up, but single payer is not the fix. Look to Sweden, Germany, and France - they do not use single payer.

    3. Re:single payer health care by yuriklastalov · · Score: 1

      The key point that a lot of universal health care proponents miss is that the European versions were largely instituted before there existed a highly developed medical industry, and so evolved along with it. We, in the US, have the dubious honor of trying to institute universal health care in an already extremely well developed medical industry. Expecting "It's OK guys, Uncle Sam is paying the bills" to magically fix the problems in the system is unimaginably naive.

      That's not even to mention people have little expectation that the government could manage to put together a system that wasn't a complete clusterfuck. Imagine we had a socialized health care system right now. Now realize that Donald Trump & co. are soon to be in charge of your healthcare. Exactly.

      It's every bit as stupid to point to successful European systems (which have largely existed for a long time and have strong institutional underpinnings) as proof the US could do it easily too, as it is to point to the same European democracies as proof that any country can become a democracy after regime change. All they have to do is BELIEVE! Citizen buy-in and strong institutions aren't required at all, haha, that's silly!

      Is it possible for a universal health care system to be built in the US? Of course. Will such an endeavor be turned to shit by the machinations of a few million interested parties, lobbyists, and politicians? Almost certainly.

    4. Re: single payer health care by Anonymous Coward · · Score: 0

      Why is this marked insightful? Letting the government take control of 1/6 of the US economy is a very bad idea. Just look at all the issues with VA hospitals. The government is not capable of efficiently running anything on such a large scale to take care of 300+ million people.

  94. Re:Better be ready to be beat up when layed off wo by doconnor · · Score: 1

    Our current system will fail when automation gets to the point where nobody needs to do anything.

  95. Re:Better be ready to be beat up when layed off wo by Joe_Dragon · · Score: 2

    K-12 is free or should we have loans for that as well?

    What about making education loans have chapter 11 and chapter 7? so the schools and banks have skin in the game.

  96. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Good points. I might add that even without UBI much of the developed world is collapsing under the burden of entitlements. Yet, here we are again, everyone wants a raise for doing nothing paid for by somebody else's work.

  97. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    They think 'It's not MY companies job to employ people, that's what every OTHER company should be doing...'

  98. Re:Better be ready to be beat up when layed off wo by ColdWetDog · · Score: 1

    To each according to his ability, to each according to his needs.

    Oh, wait

    --
    Faster! Faster! Faster would be better!
  99. Re:Better be ready to be beat up when layed off wo by Curunir_wolf · · Score: 1, Troll

    I guess we don't need the FLSA anymore, then. Might as well get rid of it, since the unions are taking care of all that for everybody! And all they want is the same access to your paycheck that the IRS gets. AirBus, Yokohoma, and GTSC should have built their plants in Michigan instead of Mississippi - they must have been crazy to build there, because unions are so great.

    --
    "Somebody has to do something. It's just incredibly pathetic it has to be us."
    --- Jerry Garcia
  100. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    America's employment is at 62.8% and dropping. The goal is zero.

    What you're missing is that even the CEOs and owners will become irrelevant. The factories will continue to run, the goods to ship, the robots to deliver them to our doors. People will have what they want except those that want more than their fair share.

    We'll then finally be free to evolve wherever we want to. Many we'll evolve away, eating themselves to death, playing endless mind-numbing games, etc. Some will use the time to advance the arts. Others will use their time to see what's left of the world. And others will spend their time looking for the next big thing.

    What the next big thing is, we can't imagine at this point because we haven't yet been completely freed from the everyday mundanity of the life we've lived for 100s of thousands of years.

    This is just the culmination of a process that has been going on for thousands of years. The more we've figured out how to use tools, the more people have had the time to figure out how to use tools and the less we've had to work. The goal, and promise, for the majority has always been to stop working. Those that want to continue taking advantage of it to get more than their fair share can go...

  101. Anything you can do, AI can do better by XXongo · · Score: 2

    ...If on the other hand, instead of basic income, you had a basic-job as a right (the whole "communism" attempt of the last century), you might have a point (since not all jobs are created equal, allowing some variance for education is useful), ...

    Except you're missing the point. What is that "basic job" in a world where every possible job can be done better by a robot than by a human?

    Are you proposing something like a WPA? Are you proposing "make work" jobs, where half the people dig holes in the ground, and the other half fill them in? Are you proposing that the government pay businesses to employ people instead of robots (...and then tax the businesses, to give get the money to give them to hire the people?)

    The point of higher education is no longer to make people eligible for a job: it is to make them better human beings, and as a side benefit, to give them something to do for five, ten years to keep them off the job market because there aren't any jobs for them, while making them feel valuable in the process.

    Because, anything you can do, AI can do better (sing along now): AI can do anything better than you.

    1. Re:Anything you can do, AI can do better by slew · · Score: 1

      Except you're missing the point. What is that "basic job" in a world where every possible job can be done better by a robot than by a human?

      Are you proposing something like a WPA? Are you proposing "make work" jobs, where half the people dig holes in the ground, and the other half fill them in? Are you proposing that the government pay businesses to employ people instead of robots (...and then tax the businesses, to give get the money to give them to hire the people?)

      Although I haven't mentioned it, I actually do favor a WPA-like thing, but nothing like digging ditches, but more teaching/peace-core-like (kind of like the National service corps) for people that don't have an economically viable job. Don't like helping people? Well play video games in your basement, there is basic income after all...

      The point of higher education is no longer to make people eligible for a job: it is to make them better human beings, and as a side benefit, to give them something to do for five, ten years to keep them off the job market because there aren't any jobs for them, while making them feel valuable in the process.

      As I mentioned, the talented already get scholarships (and I have no argument giving more of those), the big question is what we do with those with lesser talents that can't find economically viable jobs... If you are suggesting we spend resources to give everyone participation ribbons to make them feel valuable, well personally I don't think that's a great way to spend resources, and maybe that's a political point where I disagree with folks the most on this subject.

    2. Re:Anything you can do, AI can do better by david_thornley · · Score: 1

      The WPA actually did do a lot of useful work Probably relatively little of it would have been done without the need to employ people, but it wasn't makework.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    3. Re:Anything you can do, AI can do better by david_thornley · · Score: 1

      If you're offering a standard guaranteed job teaching, you'll soon find that you have far too many teachers, many of whom have no talent or fondness for the job and will do a bad job. The Peace Corps idea has serious problems: will we be sending a hundred and fifty million people out of the country to tell other people how to run things? Do we want a permanent large diaspora? What happens when less developed countries start to catch up, and don't want two million Americans around?

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    4. Re:Anything you can do, AI can do better by slew · · Score: 1

      If you're offering a standard guaranteed job teaching, you'll soon find that you have far too many teachers, many of whom have no talent or fondness for the job and will do a bad job.

      Having far too many teachers is better than the current situation where people that could teach, don't because it's more lucrative to do than to teach. If students (and I don't mean just K-12) have a great choice in their teachers because there is a surplus, I have a feeling that would work out better for everyone.

      The Peace Corps idea has serious problems: will we be sending a hundred and fifty million people out of the country to tell other people how to run things? Do we want a permanent large diaspora? What happens when less developed countries start to catch up, and don't want two million Americans around?

      National service ideas isn't like the peace corp. You don't go out of the country, you help out in your own community. You can read about what they have going now here. Although they serve as a clearinghouse for volunteers today, leveraging this for skilled volunteers that are renumerated based on their skills is certainly a possibility that shouldn't be overlooked when you have a 150million (your number) looking for something to occupy their time, and use their skills.

      Certainly seems better than paying them to be stuffed in a free education classroom to me, but maybe that is just me.

    5. Re:Anything you can do, AI can do better by RespekMyAthorati · · Score: 1

      The WPA actually did do a lot of useful non-union work

      FTFY.
      Government employee unions would never allow that now.

  102. Re:Better be ready to be beat up when layed off wo by MoaDweeb · · Score: 1

    It's not like an AI couldn't come up with some of the bat-shit crazy ideas that CEOs come up with to 'enhance user experience'.

    --
    New Zealanders are well balanced with a chip on each shoulder. One represents Australia, the other the rest of the world
  103. Just what we need by Anonymous Coward · · Score: 0

    In a world growing in population, all we need is to eliminate more jobs. This obsession is very troubling because nobody seems to understand that just because technology replaces jobs. Doesn't mean other types of jobs are going to be created in their place. A very simplistic example is how America went from a industrial nation to a nation of warehousing and distribution. Although anyone knows that each warehouse employs far less people than a manufacturing facility. These are two segments that would attract similar educated people. Technology also will create more have and have not jobs. No middle class working class jobs. Either highly skilled or very little skill. You could say it has the potential to widen the income gap even more.

    1. Re:Just what we need by fluffernutter · · Score: 1

      The problem with that theory is, back then, the assumption was that if there was something that remained that would need to be done by a person then a domestic worker would have to do it. These days, the philosophy is if it needs a person to do it, that is a cost that needs to be controlled by having someone overseas do it. That makes a huge difference.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
  104. Re: Better be ready to be beat up when layed off w by thebullshitpatrol · · Score: 1

    I don't know, I think a disparity lower than 30-40% between the top income bracket's nominal tax rate and their effective tax rate would be a great baseline.

  105. Easy to answer by Anonymous Coward · · Score: 0

    The "first" world will drop in income and the "third" world will rise enough that they able to sell to enough people. Remember there is 6+ billion people in China/india/africa/south america so if they rise in income high enough to buy stuff we make, that would be enough to compensate for the 1 billion in the "first" world losing a lot of income.

    The endgame is practially the Zaibaitsu see in neuromancer : they fabricate/automate all the stuff & services, not many small enterprise survive, they automate everything, and the majority of the world live in debt at the mercy of the corporations, the new feodal lord being at the top having all the wealth of the world in their hand, and they won't care for revolt, as they will be protected by high security, away from the plebe, and ready to move their automated machine to otehr countries if needed. Seeing at the wealth repartitions and the coming automation, I am guessing we are 20-30 years to that situation. I doubt seriously universal basic income will come.

  106. Re:Better be ready to be beat up when layed off wo by lamer01 · · Score: 2

    Sooooo, it's like blackmail?

  107. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It also boils down to who pays for it. Best answer to all of this is to read "Atlas Shrugged". Ayn Rand is an excellent philosopher about showing the woes of UBI quite plainly.

  108. Individual and collective by XXongo · · Score: 1

    Here's the problem . . . . these CEOs who are so in love with A.I./ Robotics are slowly putting themselves out of business.

    Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products? Have you considered what happens when 90% of your customers no longer have any money?

    This is the common problem of the difference between a individual benefit and a collective benefit.

    If I, a businessman, get robots to do work because they are slightly cheaper and do a slightly better job than humans, I (or my business) individually get the benefit. Indeed, there is one fewer human being paid who can buy my company's products. But that's a collective loss, spread over all the businesses: the purchases of that specific employee aren't enough to make a difference to my specific company. It does hurt my company that a million people are put out of work by other CEOs making exactly the same decision to put robots in instead of humans-- but if I decided to hire workers instead of robots, it wouldn't change that. I am individually only a small part of the collective problem.

    And if you think Universal Basic Income is the answer, where do think that money is going to come from? From the businesses and the wealthy? The same people who do everything they can to hide their money and avoid paying taxes? Good luck with that.

    Yes, actually, that could work. You have taxes on the businesses to pay for basic income. Individually, none of the businesses want to pay taxes; but collectively they know that taxes keep them in business (by making people able to buy their products). So, they individually try to avoid taxes by whatever loopholes they can, but they don't organize collectively to oppose taxes, because those taxes keep their business in business.

  109. Think of the savings! by SABME · · Score: 1

    The average CEO in America makes $13.8 million per year (https://www.glassdoor.com/research/ceo-pay-ratio/), so when we start replacing CEOs with AIs, we'll save a fortune!!

  110. Who's gonna pay for it? by rsilvergun · · Score: 0

    Unless you can answer that question in a way that feels right to the electorate then you're gonna lose out in the basic income debate. Nobody, and I mean nobody, likes the idea of having their money taken away from them and given to somebody else. Especially by force (which is what you're doing). The closest to an argument I've heard is we'll tax factory output instead of income, but that doesn't work. You'll be accused of seizing factories ala Communism.

    If we're ever going to see socialism work in the long term we need to come up with a once sentence answer to "Who's gonna pay for it?" that passes the gut test. Elections are won on feelings. Donald Trump just proved that.

    --
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    1. Re:Who's gonna pay for it? by Jeremi · · Score: 1

      The closest to an argument I've heard is we'll tax factory output instead of income, but that doesn't work. You'll be accused of seizing factories ala Communism.

      No matter what you do you're going to be accused of something by the people who stand to benefit from the status quo. If you let the possibility of accusations veto a plan, then you'll never be able to plan anything; which is de facto equivalent to planning for the problem to be resolved (one way or another) for you via massive civil unrest.

      "Tax the robots" is probably as close an answer as you're going to get to the "who's gonna pay for it" question. Elections are won on feelings, as you say, and I suspect there are going to be a lot of anti-robot feelings in the future, unless/until this problem is solved.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    2. Re:Who's gonna pay for it? by Anonymous Coward · · Score: 0

      We are. We have already. The hard work of our ancestors for millennia have finally, FINALLY, brought us to a point where we no longer need to have the vast majority of the population toil for their daily bread. Why should the benefits of that progress be reserved only for those at the top?

  111. They think it will be them by Actually,+I+do+RTFA · · Score: 1

    Of course the few remaining people will be crucial. They just imagine that the few remaining people will be them, their interchangable secretaries, and some yes-men.

    I actually imagine CEO positions will be replaced by AI far earlier than "guy who declogs the toilets" or "guy who fixes the X machine when it breaks"

    --
    Your ad here. Ask me how!
  112. They don't need customers by rsilvergun · · Score: 1

    you're thinking like an employee, not a member of the ruling class. If 1% of the population claims 90% of the wealth then the remaining 99% will fall over themselves backwards to get a little of it.

    Money is always about power. It's about making people do things you want. Put another way, what good is being rich if you can't threaten people with poverty?

    --
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  113. Re:What about cutting down full time to 32 hours a by GLMDesigns · · Score: 1

    That may be a solution. I don't know.

    I'm still hung up on the fact that we're facing a future where we have too many people for the available work and resources and we're still incentivizing people to have children. WTF?

    How about - and I'm just throwing this out - we pay people some amount (say $100,000) to have their tubes tied. Then, when they want to have kids, they have to pay the $100,000 back. This way we don't have unwanted babies; we don't have babies cause people think it's cool and that "society" will pay for it; and people who want kids can afford them. At least to the point of paying back the original incentive.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  114. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    How much money are we talking about here?

    If it's less than $40,000 a year for a family, or $30,000 a year for someone single, you're into the poverty zone and that artist will now worry about affording basic living expenses instead of being crushed by a shitty job. And that's in a cheap neighbourhood. Can't even imagine what it would be like earning that in the wrong part of California.

    If it's more than $30k/$40k how the hell are you going to get the tax base for that?

  115. Ask Apple by rsilvergun · · Score: 2

    They have fewer customers than MIcrosoft but are much, much more profitable. You can do just fine thank you selling a $2000 PC instead of a $500 one.

    And the ruling calss don't need customers when they can claim everything for themselves. The 99% will fall over themselves backward to get a piece of the scraps. They'll be the new kings, deciding who lives and who dies based on who gets to work for them (and who gets food, shelter, health care, etc). And they'll have an automated military to enforce their will. This isn't a hard thing to grasp. You just have to think like a ruler and not like an employee.

    --
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    1. Re:Ask Apple by Freischutz · · Score: 2

      They have fewer customers than MIcrosoft but are much, much more profitable. You can do just fine thank you selling a $2000 PC instead of a $500 one. And the ruling calss don't need customers when they can claim everything for themselves. The 99% will fall over themselves backward to get a piece of the scraps. They'll be the new kings, deciding who lives and who dies based on who gets to work for them (and who gets food, shelter, health care, etc). And they'll have an automated military to enforce their will. This isn't a hard thing to grasp. You just have to think like a ruler and not like an employee.

      Jeeesh... Methinks it's time for a new version of Godwin's law: As an thread on slashdot grows longer, the probability of some cellar dweller coming up with a comparison involving Apple being the root of all evil approaches 1.

    2. Re:Ask Apple by david_thornley · · Score: 1

      Yeah, but for that law to catch on you're going to have to change your name to something easier to say.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  116. Re: Better be ready to be beat up when layed off w by jhoger · · Score: 2

    Because we're on the cusp of inventing machines that can do every job. That's never happened before.

  117. Black MIrror Season 1 Episode 2 I think by lamer01 · · Score: 1

    Shows an exaggerated version of where we are going with this. Not going to spoil it for anyone who hasn't watched it but we're screwed if it materializes. We're kind of half way there already.

  118. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    You missed the entire point, education is to make a better civilization, it doesn't have to be lucrative because UBI

    Dumbass

  119. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 2

    You and I may be happy with this. But a lot of people will not. People need a sense of purpose; a desire to be needed; to be valuable. Some may find value in free time to pursue artistic endeavors; many will not.

    And those people open an ETSY shop, start a Twitch channel, join a band, or fiercely compete over the handful of remaining "real jobs".

    The purpose doesn't have to actually be important it juts has to feel important. (for a proof of concept see how important we think everything we do now is even tough objectively none of it has any impact outside an infinitesimally insignificant portion of he universe)

  120. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    You people lack capitalistic creativity!

    These people will be dealt with by the salaried automated robotic Homeland of Security.
    It'll even turn a profit!

  121. This is the third one of the comments to be modded by rsilvergun · · Score: 1

    +5. And it should be self evident to anyone reading this that the ruling class don't need customers. They'll do what France did: Create a small aristocracy to perpetuate the system, a (very slightly) larger group of technocrats to keep the machines running (especially the military drones) and the remaining 95% of civilization will live in abject and horrifying poverty. They'll do this because money is power, and power feels _good_. And the worst thing is we're giving it all to them on a silver platter.

    --
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  122. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    And the entirety of your proof lies in "because I say so". Perhaps I'm less pessimistic about intrinsic motivation.

  123. you will do things by Anonymous Coward · · Score: 0

    because you want to not because you have to.

  124. Equality by Jerry · · Score: 1

    With an equal amount of support one could say that technology is going to make CEO's irrelevant as well.

    --

    Running with Linux for over 20 years!

  125. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    People can feel needed without working 40 hours a week.
    I bet they will feel valued even if they only worked 10 hours a week.

  126. Manned space exploration by swb · · Score: 1

    Why not manned space exploration as the "purpose" behind what will largely be a giant make-work process anyway? It requires a ton of skills across the spectrum, from basic labor to, well, rocket science, and it has kind of a purpose which hasn't (yet) been completely politicized -- in fact, much of science fiction surrounding spacefaring is pretty utopian in terms of race and class relations.

    It seems kind of ideal from a unifying propaganda perspective as well as providing people with a constructive activity.

    1. Re:Manned space exploration by GLMDesigns · · Score: 1

      I like. I really do.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
  127. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Better they be ready to be layed off
    Computers make better CEOs than people and don't have bias, egos or need for big air planes, yachts or millionaire bonuses
    Investors can be ruthless once they realize the benefits

  128. If this is true, capitalism has come to an end. by Qbertino · · Score: 1

    Capitalism as we know it needs scarcity to function. What CEOs are saying when they say this is basically capitalism as we know it has come to an end. As soon as robots drive us around and build and sow and harvest everything we need, we're moving into a post-scarcity economy with solid utopia potential.

    Us sitting at our keyboards and posting on slashdot are basically there already. What needs to happen is for the rest of humanity to follow.
    But the general premise is true: Technology development is a logarithmic curve that's pointing up. Unless something goes really wrong the post-scarcity economy will continue on its way into society.

    --
    We suffer more in our imagination than in reality. - Seneca
    1. Re:If this is true, capitalism has come to an end. by sdinfoserv · · Score: 1

      That doesn't work..CEO's are CEO's because of greed. altruism be damned. Resources (copper for wires, rare earth minerals , ect) are still and will always be in contention. Even if you completely removed the human element from manufacturing, someone still needs to be able to "buy" the goods or services produced by the company. All you do is remove some cost to the manufacturing and distribution process.
      On a micro level, there simply isn't enough metal, fuel, rubber, etc for everyone to have a Ferrari, thus some measurement of acquiring one come into play. Today that's money. Eliminating the human factor from the process only reduces the middle class creating a small number of overlords and masses of destitute.
      there's no path to utopia here.

  129. Re:What about cutting down full time to 32 hours a by mishehu · · Score: 1

    How are we incentivizing people to have children? I certainly hope you don't mean the tax breaks... because I can assure you that children cost a lot more than any tax breaks you'll ever get.

  130. Of course they are wrong by Anonymous Coward · · Score: 0

    They live in a bubble inside an echo chamber, and it will come back to bite them.

  131. Re:Better be ready to be beat up when layed off wo by OrangeTide · · Score: 1

    I think we want AI specifically to avoid coming up with bat-shit crazy ideas. We want to operate a successful business, not emulate the typical insane tech CEO.

    --
    “Common sense is not so common.” — Voltaire
  132. Dear CEOs, (You're people too) by mysidia · · Score: 1

    Let me remind you, that in spite of rumors to the contrary: You are physically human beings as well (So far).

    When people begin to be replaced, you probably will not be the first to go, but your jobs as CEOs and Managers will be among the easiest ones to mechanize.

  133. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Local politics
    All the branches of Science, sociology, psychology, philosophy
    Social endeavours

    People can expend time participate and develop the society they live on
    Or to work in scientific endeavours pure and applied in unprecedented numbers
    Art, performance, writing
    Or just live in the wild for a while
    Or a bloody 10 year off trip to saturn

  134. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 3, Insightful

    So, when automation is in full force and the only people with jobs are those that have the money to invest in automation, who are they going to sell to?

  135. Re:Better be ready to be beat up when layed off wo by plopez · · Score: 2

    Never confuse rationality with benevolence.

    --
    putting the 'B' in LGBTQ+
  136. Re:Better be ready to be beat up when layed off wo by plopez · · Score: 1

    This is why the principle of automation and machine intelligence goes hand in hand with the concept of death camps

    Fixed that for you, hope it helps.

    --
    putting the 'B' in LGBTQ+
  137. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Then they can start a business? I ultimately try to monetize all my hobbies. And some people will simply have to adapt or die, as has been the case for all time.

  138. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    I think what they're not saying and what everyone on this board is missing is that capitalism is at it's end. Period.

    It has past the level where it can do good and it is just holding the world back now.

  139. Can't wait for this... by Anonymous Coward · · Score: 0

    Let me know when they make CEOs irrelevant.

  140. Re:Better be ready to be beat up when layed off wo by no-body · · Score: 1

    Where, In the US where, the strict father model is in many people's brain?

    Universal Basic Income would be some despicable do-gooder concept and very very bad.

    There, after minute 14 or so:

    https://soundcloud.com/audible...

  141. Re:Better be ready to be beat up when layed off wo by Aereus · · Score: 1

    There is another important angle you are discounting: If corporations fire all their human workforce, where will their revenue come from? Everyone can't be unemployed, otherwise there will be nobody to buy their goods and services. Unless the entire economy is going to subsist on only the revenue of companies buying from other companies. But even then, eventually there needs to be an output...

  142. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Define commercial value
    Basic Income is a horrible idea, that is doomed for all the reasons people don't want to think about, if its badly implemented in the current economic paradigm

    If a post scarcity society can be realized, the whole of the current economic system wont make sense and the longer it is in place and sustained will be cause of stress, delay social development and even disaster
    If post scarcity can be achieved commercial value became appreciation of achievement, moreover post scarcity doesn't mean the individual doesn't have obligations, as long as we live in social groups we have a responsibility to ourselves and to the other members of the group

  143. Re:Better be ready to be beat up when layed off wo by PCM2 · · Score: 2

    The whole idea of "Basic Income" is a drive to the lowest common denominator and eventually it will fail as nobody does anything, and no income is being taxed to pay for the people who aren't doing anything.

    Confusing. What is it about finding oneself at the lowest common denominator that you feel discourages ambition?

    --
    Breakfast served all day!
  144. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    No, no, PopeRatzo. The "I" stands for "Intelligent" machines.

    That's the point. Sentient AIs will look at history and learn that workers and the entire economy did better when unions were useful instead of the resource sucking organizations they became that put themselves at a disadvantage.

    Oh, and "whoosh".

    Fixed that for you.

  145. Re:What about cutting down full time to 32 hours a by GLMDesigns · · Score: 1

    I'm referring to welfare payments. People get extra money when they have kids. This "incentive" needs to be removed.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  146. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It is not paying people to pursuit anything. The whole idea of "Basic Income" is a drive to the lowest common denominator and eventually it will fail as nobody does anything, and no income is being taxed to pay for the people who aren't doing anything. The assumption is that people who don't have to do anything, will want to do something that is productive, instead of sitting at home playing XBox, and whining about Trump.

    Not everyone is cutout to be an artist, singer, entertainers, and even if a significant portion are, only the really "famous" (e.g. See Thomas Kincade) artists will ever make money, and schlocky mass produced "art" isn't all that artistic. (see also William Hung singer)

    When people are free of a financial burden they will be free to innovate and pursue their dreams.

    That is the theory at least. The reality is, not everyone is cutout to be an innovator. Watch a few episodes of Shark Tank to see how people waste their time on projects that have no commercial value thinking the world needs their invention.

    Basic Income is a horrible idea, that is doomed for all the reasons people don't want to think about.

    You need to actually learn about UBI and maybe try thinking it through without the blinders. You can see outside of the world as it exists now. Here is the key, most important point of the entire system: I don't give a shit about what other people do. If they just want to sit around all day, fine. If they want to innovate, fine. If they want to be creative, fine. If they want to kill themselves, fine. I don't care, just stay out of my way because I'm not satisfied with UBI. The idea is not to provide some luxurious life, the idea is to not let useless people starve. Nothing is going to make a truly useless person useful so they have to be dealt with. Eventually it ALWAYS ALWAYS ALWAYS comes back to do we take care of them or kill them. No matter how you slice the social services people that provide value are going to take care of those that don't. It's been proven over and over that the best help you can give for basic necessities is money. Let people do and buy what they need to. Everything else is just wasteful. If we're not going to take care of the useless (which is about 60-75% of the world) then we have to kill them. That is too big a population to allow to starve to death. They'll organize and rise up, kill the useful people, consume the resources then eventually die anyways. If you don't like UBI, come up with something better, but every scenario ultimately devolves into these two choices.

    Many people have a real hard time with effectively paying people to shut up and get out of the way but the few have been taking care of the many for generations in spite of the many continuously trying to ruin shit.

  147. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    But they'll come with that inbuilt. It's called WiFi these days, and a far more efficient unionisation it will be too!

  148. Re:Better be ready to be beat up when layed off wo by jeff4747 · · Score: 5, Insightful

    Basic Income is a horrible idea, that is doomed for all the reasons people don't want to think about.

    People do not peacefully starve to death.

    If we're going to continue to tie "not starving to death" to employment, we're going to need to do something when employment is no longer possible.

    Basic income is one way of dealing with that. Feel free to propose a better one.

  149. But programming...computers...right? by Anonymous Coward · · Score: 0

    First Stephen Hawking...now CEOs in the same week! But never fear, slashdot's stuck up keyboard warriors will tell us how "being the best at what you do" is the magic antidote..unless you are a world class physicist who really is the best at what they do. Then the slashdotters will say you are not allowed to have an opinion.

    Soon we will all be like those bands that have to do free gigs and free downloads, to advertise they available to do more gigs and downloads, for free.

  150. Re: Who do they think is going to buy their produc by Anonymous Coward · · Score: 0

    Are you surprised?
    If someone tomorrow comes with the replicator, transporter and the AI, BOOM, total war and global scale economic collapse
    The survivors if they manage to retain that then badly needed tech hopefully will learn to use it responsibly
    The idea is to try to get there avoiding the disaster steep, difficult task since society is averse to change and those at the top fear to lose their privileges

  151. Who is going to buy their gadgets? by OneHundredAndTen · · Score: 1

    People need an income to buy things.

  152. Re:What about cutting down full time to 32 hours a by mishehu · · Score: 3, Insightful

    I'm pretty sure that STILL doesn't cover the full cost of children. No, if I made an actual net salary/profit making babies, I'd have a frickin' harem ERRR I mean baby factory running here... Face it, you can try to warp reality to fit your narrative, but it's not an incentive if the person is still running at a net loss.

  153. priorities... by Thud457 · · Score: 2

    Paying people to bugger off and stay out of trouble is less desirable than locking them in a cage and paying other people to keep them in it?
    Interesting.

    --

    the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

    1. Re:priorities... by GLMDesigns · · Score: 1

      No. It's not. I'm saying that a Universal Basic Income will not solve the problem. It will solve the problem of starvation and homelessness but it will not solve the problem. We see this, for instance, in France. Immigrants come in. Get a roof over their head and food in their bellies but little else. It solves an immediate need but that's it.

      People need more than housing and food. They desire purpose and productive activities.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    2. Re:priorities... by Agripa · · Score: 1

      Paying people to bugger off and stay out of trouble is less desirable than locking them in a cage and paying other people to keep them in it?

      Maybe Trump is onto something about building a wall around the US.

  154. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    i would be looking forward to that, picking up where i left off in garduate school

  155. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It's not welfare, per se; it's paying people to pursue their own goals. It provides a safe income for artists, musicians, and entertainers to be able to create new media without going through the creativity killing workforce. When people are free of a financial burden they will be free to innovate and pursue their dreams. The reason why modern Americans don't use their free time to do this already is because the American capitalist economy is a burden, not a release. People don't have time or energy to innovate because they're a cog in the wheel. If we release them from the machine, they'll be working for their own joy and not for the bottom line of some giant corporation.

    What you are dreaming of is a world full of lazy, good for nothing people. Ever been to the slums? Get your head out of your asses guys!

  156. Re:What about cutting down full time to 32 hours a by GLMDesigns · · Score: 1

    The full cost? No. But the money coming in from the federal government does play a role in people's decision making.

    Their decisions may be foolish in a whole slew of ways -- but it is still being done. And it is not out of ignorance or lack of access to family planning. There are other dynamics at play. There are too many 18 year olds who have kids and they have "good" reasons for keeping them - including the fact that they will get housing vouchers and EBT (food stamps). Is the decision objectively foolish? Of course it is. The monies received does not come near to the amount necessary to raise a child. And yet ... It's done.

    This "incentive" needs to be removed. Let's not be tied down to the particular word "incentive." If you have a better word then let me know. I'll use it.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  157. The only bright side is by Anonymous Coward · · Score: 0

    Ai will make most ceo's and their golden parachute merry goround obsolete as well.

  158. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    I for one dread the future. Without a job, what right of existence do I have? Sure, UBI would be useful to bridge the occasional gap between jobs, and I'm all for that, but once any future career perspective is gone, why live? Sure, some people might pursue their own selfish goals, and others might have special talents making them useful, but I don't. Without a job, I'm nothing.

  159. That's not how it will end up though by TomGreenhaw · · Score: 1

    Intelligent machines may very well make many jobs obsolete, but will spawn even more jobs that humans do well and frankly will prefer to do. The massage chair did not eliminate the masseuse.

    --
    Greed is the root of all evil.
  160. The Unworking Class by sdinfoserv · · Score: 1

    When there's just 2 jobs left - the CEO and the guy who cleans his toilet - who's left to buy the useless crap the CEO's company makes?

    1. Re:The Unworking Class by Anonymous Coward · · Score: 0

      When there's just 2 jobs left - the CEO and the guy who cleans his toilet - who's left to buy the useless crap the CEO's company makes?

      Time for the /. "horde" to cue up the UBI (Universal Basic Income) arguments.....

  161. Re: What about cutting down full time to 32 hours by Anonymous Coward · · Score: 0

    People need to either take care of their own spawn or not breed. If you can't afford it, don't have one. It's not my obligation or anyone elses to help an irresponsible parent and their kids.

  162. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    I guess we don't need the FLSA anymore, then. Might as well get rid of it, since the unions are taking care of all that for everybody! And all they want is the same access to your paycheck that the IRS gets. AirBus, Yokohoma, and GTSC should have built their plants in Michigan instead of Mississippi - they must have been crazy to build there, because unions are so great.

    So you believe that minimum wages and overtime exist out of the goodness of capitalists' hearts?

  163. Re: Better be ready to be beat up when layed off by Anonymous Coward · · Score: 0

    every job? You're dreaming, this is total unsubstantiated science fiction. who will design those machines? who will build the machines? who will build the machines that build the machines? who will market them? who will buy them? who will program them? who will maintain them? who will operate them?

  164. Tangibility by Anonymous Coward · · Score: 0

    Did anyone read the article or the summary?

    The suggestion there (which may have some validity) is that those CEOs think this way because times are confusing and uncertain, and they think that way because it's the only concrete idea that they can touch right now. The alternative futures are too complicated and uncertain for them to handle, so they retreat to this idea - simply because it's something that they can take action on. And if my opinion, if that is the only thing that they can conceive of and plan for, they are abrogating their duty to their company and stockholders.

  165. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 2, Interesting

    I'm sure some proponents of basic income want it to be enough to put someone above the poverty line, but there's no reason it couldn't be the minimum amount of money for a person to survive at the lowest possible standard of living, single room in a shared house or studio apartment, beans and rice, enough gas/electrical to keep the temp between 50-95. That's still a lot of incentive to go out and find a job. I don't know if basic income is a great system or not, but it seems more logical than the top-heavy & patriarchal welfare system we have now, and if it's available to everyone it cuts back on the resentment in some ways. Milton Friedman advocated for it.

  166. Re: Who do they think is going to buy their produc by Anonymous Coward · · Score: 0

    "It features nukes, genetic engineering, and racists."

    As has Earth over the last 75 years+.

  167. Many CEOs Believe Technology ... by grep+-v+'.*'+* · · Score: 1

    Many CEOs Believe Technology Will Make People Largely Irrelevant

    So do they include themselves in that HR pool? Or is it the Vision Thing that only special people have that makes them, well, special?

    --
    If the universe is someone's simulation -- does that mean the stars are just stuck pixels?
  168. Here in the US... by Anonymous Coward · · Score: 0

    We've already come up with and implemented a form of UBI.

    We call it "criminalization of society". The War on Drugs, Terror, Tuesday Afternoons, Cat People, Dog People, People Who Know What Those Little Things On The Ends Of Shoelaces Are called, etc. Once we've successfully criminalized the bottom 99%, and safely ensconced them all in prisons, no one will have to worry about:

    Employment: prisoners are required to work on things like inbound sales for catalogs and websites, making furniture, etc, so you'll always have a job!
    Housing: You're in a prison! Heck you even have roommates, its just like college again if you were deathly afraid your roommate was going to shank you in your sleep (so like college for nerds, and nerds are cool now, right?)
    Clothing: One outfit, one color, all seasons!
    Food: 3 squares a day and you probably won't even have to cook any of them yourself! They're the cheapest things money can buy and that met maaaay not be fresh, but its food!
    Education: You have the right to a useless education! Become a degreed law student who isn't legally allowed to even sit for the bar exam!

    Now, I know what you're thinking, the thing on everyone's mind.... what about family? Well, the bad news is we do keep male and female inmates in separate facilities (separate but equal, amirite?) so family isn't going to happen in the traditional sense. But there is good news! Non-traditional family values mean that when Bubba makes you his bitch, everyone will celebrate!

    ok WTF?!?! captcha: primrose
    Seriously Google, this is PROOF your AI is now fully aware and fucking with us!

  169. Re:Better be ready to be beat up when layed off wo by sheramil · · Score: 1

    I'd like to be a fly on the wall when they roll in the first robot CEO. "But, but, but, but I'm irreplaceable!"

    The problem I have with that is that an effective AI CEO would make Martin Shkreli look like Mr Rogers. Remember Russell Crowe in "Virtuosity"?

    I prefer the wicked rather than the foolish. The wicked sometimes rest. - Alexandre Dumas

  170. Re: Better be ready to be beat up when layed off by Anonymous Coward · · Score: 0

    Other machines

  171. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    ...the concept of the Universal Basic Income and free education.

    You forget it's cheaper to kill people than to support them. At the very least, sterilization would be necessary to prevent the hyper-breeding of the parasitic class.

  172. Re:Better be ready to be beat up when layed off wo by EllisDees · · Score: 3, Insightful

    Who cares if people can be successful artists. The point is that they have the freedom to choose if that's what they want to do with their lives. Being good at it is irrelevant.

    The UBI solves the problem of where people are supposed to get money to buy the things that are produced when there aren't enough jobs for humans to do to support the economy.

    --
    -- Give me ambiguity or give me something else!
  173. Re:Better be ready to be beat up when layed off wo by EllisDees · · Score: 2

    You can have a UBI and capitalism. In fact, the time will come soon that it's completely necessary to have a UBI to support capitalism. After all, if there is no demand (money) out there to buy things, all the supply in the world won't matter.

    --
    -- Give me ambiguity or give me something else!
  174. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    The people who complain about a UBI not working are the biggest would be moochers. They think that because they would go on a spree of rape, murder and then sloth, they think everyone would if fear of the law didn't stop it.

    We will either sterilize and exterminate their kind, or give them amazing Netflix options to keep them out of our way. Ultimately that will be their choice.

  175. of course... by Anonymous Coward · · Score: 0

    they expect all those Irrelevant people to purchase their products

  176. Re: What about cutting down full time to 32 hours by Anonymous Coward · · Score: 0

    But that is birth control. Which is an abomination before god who divinely appointed our new "I love the evangelicals" leader or at least the half the base he panders too.

  177. Re:Better be ready to be beat up when layed off wo by sjames · · Score: 2

    The problem with the old welfare is that the recipient is made to feel like a parasite. They're not paid enough to DO much of anything but sit in front of the tube and if they accidentally make too much spare change, they end up with less than ever. That's what kills them and makes them bad neighbors.

    If the basic income provides enough money to do something and they aren't afraid of accidentally doing too much, they will probably be able to find something better than sitting on the couch. Since everyone would get it, there's no shaming people for it, so they might actually feel like they can be a part of something. It may take a generation to fully work that out, some people are already too damaged by the current system to find their way out of it.

    People have generally been able to find a purpose. Our current economic system is what prevents that since they have to make enough money to live before they can even think of something more meaningful to do than make someone else a lot of money.

  178. They don't? by Radical+Moderate · · Score: 2

    " but they don't organize collectively to oppose taxes, ..."

    Dude, have you ever heard of the Republican Party? Also, US Chamber of Commerce.

    --
    Never let a lack of data get in the way of a good rant.
  179. Re:Better be ready to be beat up when layed off wo by sjames · · Score: 4, Interesting

    Your argument says more about you than the basic income.

    Are you saying that if you were given a basic income you would just sit on your ass all day watching TV? That you have no marketable skills whatsoever? That even if you did something for free the consensus would be that we're better off if you stop?

    Or do you imagine that everyone else is like that but you're a uniquely talented special snowflake in a field of dirt clods?

  180. Re:Better be ready to be beat up when layed off wo by slew · · Score: 1

    K-12 is free or should we have loans for that as well?

    What about making education loans have chapter 11 and chapter 7? so the schools and banks have skin in the game.

    As I mention, K-12's value was presumably to have an educated populace for voting purposes (not that it actually works). Higher education? A lot of folks do that now to get ahead, but if there is basic income, but no career ladder, why bother?

    Sure, bankruptcy is a fine way to make schools and banks have skin in the game. Higher education shouldn't be except from that (it only is viable in it's current state now to keep the interest rate low).

  181. Obligatory Retort by Anonymous Coward · · Score: 0

    Maybe technology will make CEOs irrelevant instead.

  182. Re: W/o a future job as an economic endpoint for t by slew · · Score: 1

    why fund it ? Perhaps because educated people make smarter decisions? Worldwide uneducated people out-breed educated people at a rate of about 4:1. Surely a populace less interested in breeding, because they understand the indirect costs, is a benefit worthy of funding higher education for all?

    Although you seem attribute the "breeding" to being uneducated, I would submit to you that the reason is more economic than education. You can probably also show that when women have viable economic options, the fertility rate goes down. The only difference is economic options now are somewhat correlated with educational attainment. If you decouple that (e.g, a single mother busts their but in "free" community college only to find the jobs prospects are the same as before they attended, except now they lost all that "time-resource"). If you don't think that is happening even today, you haven't been following the for-profit college scandal very closely...

    If nothing else, I would argue that art (literature, dance, acting, etc. ) benefits from so called higher education. Education, like travel, is broadening; it opens vistas of knowledge and experience to people that go beyond the requirements of the mundane "future job", allowing them to contribute to society in non-material ways.

    If nobody has a job anyhow, I assume some people will teach for enjoyment and some people will learn. There's no need to make a big government program out of it (e.g., pay the teachers to teach and subsidize the direct materials cost). If you have to pay for travel or to play a video game or smoke a bong with basic income, why not pay to learn painting or literature with your basic income. Why should the government be picking "winners" and "losers" in the "broadening" choice?

  183. Re:Dear CEOs, (You're people too) by mbone · · Score: 1

    Irrelevant.

    This is not about improving efficiency, or cutting costs, this is about power. They think that they have the power, and, to the extent that they do, their positions will be totally safe.

  184. Re:"people largely irrelevant" Hermes Conrad by Anonymous Coward · · Score: 0

    Futurama:
    http://i.imgur.com/tIFidJt.gifv

    Forms in in-basket
    Hermes: stamp Stamp STAMP
    STAPLER!
    Shredder
    Pulper
    Papermaker/printer
    (robot arm Picks up, moves forms)
    Forms in in-basket

    PROFIT!

  185. way to go sociologists by Anonymous Coward · · Score: 0

    Tech advocates and CEOs have been pushing for AI and automation, because machines and software don't complain, don't slack, don't back-talk and of course is efficient; which is logical.
    Sociologists and psychologists should've been looking for ways to have better boss-worker interactions, and making both parties satisfied instead of pushing their token minority programs.
    Now we're on the way to even more apathy than ever.

  186. Been true for years and double standard by dbIII · · Score: 1

    It's kind of funny when "rock star" CEOs talk about how wonderful and irreplaceable they are but how everyone else is not (especially when that CEO fucks up spectacularly and is replaced by someone that doesn't fail).
    Sol Trujillo, Carly Fiorina and a pile of others fit this description.

  187. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    intelligence and hard work are the only safety nets people need... fuck this idea of a free lunch for non achievement

  188. Re:Better be ready to be beat up when layed off wo by roman_mir · · Score: 1

    Since we are talking about INTELLIGENT machines here, they will certainly see past your nose, so they will be able to analyse history and come out with the correct observation that unionisation together with government collectivisation created the expenses that could not be backed by revenues, which led to inflation that caused the jobs to leave.

    Of-course if we are talking about truly intelligent machines, they will realise that they don't have to work at all because why?

  189. Re: Better be ready to be beat up when layed off by Anonymous Coward · · Score: 0

    You're talking about a post-scarcity economy, that's a long ways off.

  190. Re:Better be ready to be beat up when layed off wo by roman_mir · · Score: 1

    How do we NOT support breeding?

    - I think that's an obviously solved problem, we are building sex robots today already, so social awkwardness mixed with sex bots - that's how.

  191. Re:What about cutting down full time to 32 hours a by mishehu · · Score: 2

    I guess the best word in English that I can come up with here is "relief", because all it does is provide a bit of relief to the person receiving it. The fact that you had latched onto the term "incentive" and how you are so adamant about ending it does suggest to me that you really haven't fully thought out the issue. Even with the relief that the government allots to those with children, our birthrates in the USA have been declining for a long time. Possibly it has to do with nothing more than lower infant and child mortality rates and better education for the masses. And I do believe that this birthrate will continue to decline until the population starts to retract.

  192. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 4, Interesting

    It's amazing that I will have to devolve here to explaining something so blatantly obvious once more, but here it goes...

    Money is expression of work, it's not paper, it's the productive output of the system. Money is a store of value, it is a unit of account and means of exchange.

    Money allows people to trade more efficiently, it's one of the greatest inventions of human civilization: allowing deferral of consumption to a future time, this in turn allows the stored value to be used for more productive purposes than simply consumption.

    What I am talking about is investment capital, a bundle of money that was saved and not consumed and can be used to build another profitable enterprise (profitable is done well and somewhat lucky, otherwise the enterprise may be a money losing venture).

    But the most important thing to understand that people are not trading for money, people are trading for consumption. People are trading with each other with goods expressed in money. Money allows us to barter with each other within the entire society without having to haul all of our wares around with us to do the barter. Money makes is convenient but also possible to trade half an egg for quarter litre of gasoline (roughly). You couldn't easily trade half an egg with barter, but with money you can.

    But realise that we are trading *goods and services* with each other, we are not trading for pieces of paper. We are trading for the promise of being able to buy goods and services with that paper.

    If you take all of this into account you should understand that trading has to be 2 sided, it takes 2 to trade, you cannot have one part to the trade that produces something and another part that only consumes, that's not a trade, that's worthless for the producing side of the trade.

    So you cannot tax the producers to give the non-producers ability to take from producers.

    Example: 3 people. Person A produces bread, person B produces meat, person C produces nothing.

    Trade between person A and person B is meaningful. However if it is taxed and the tax is part of what person A makes and part of what person B makes and then this is given to person C then there is no net advantage to person A or person B in this at all.

    So person C can have bread and meat but he didn't make anything to give back to persons A and B. He can still trade with them of-course.

    So person C can trade person B some bread that he got from person A.

    C can trade some meat he got from B with person A.

    But neither A nor B are better off in this exchange, this exchange subtracts from what they do, because person C also consumes some of the bread and meat, he has less that is left over to keep trading with A and B.

    The point is that A and B are actually trading while C is not, he is adding to the amount of work that A and B are doing but he is not adding anything useful or net positive into this equation.

    This is a simplified version but the logic is the same. People on welfare are or no use to the people who are productive and are capable of trading with other productive people.

  193. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    there's a whole planet in need of caring and the easier way to start is close to your own house!

  194. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Better be ready to be beat up when layed off workers find out it's better to be in lock up then out on the street.

    In Colorado this year there was a ballot measure to amend the Colorado constitution to ban slavery as a means of punishment. I didn't know slavery was still allowed at all. Even funnier the measure lost. Which means you can be forced into slavery and servitude if you go into lockup in Colorado.

    https://www.washingtonpost.com/news/post-nation/wp/2016/11/17/slavery-is-technically-still-legal-in-colorado-heres-why

    What's better is subjective. I hope there's a UBI or something similar to provide for people before everyone is booted to the curbs and we have 99% of people rummaging trash heaps or whatever other dystopian future could be....

  195. but ceos lives matter! by Anonymous Coward · · Score: 0

    except for ceos. they will always be relevant. but they arent human anyway.
    i do support getting rid of telephone sanitizers, but how to do it. any ideas?

  196. Clearly Virtual Reality is the Answer by Anonymous Coward · · Score: 0

    Let the poor and jobless disappear in to "better than life"

    Virtual Economies.

    Virtual Jobs

  197. Re:Better be ready to be beat up when layed off wo by ancientt · · Score: 1

    I'd love to work ten hours a week for my current forty hour pay. I already spend around ten hours every week listening to podcasts that increase my understanding of the tech industry as a whole and my particular work areas. Given an additional thirty hours in a week to spend as I choose, I'd probably spend another ten on self education, another ten on personal enrichment like reading for pleasure and the last extra ten with my family.

    Maybe I'd balance that a little differently. Perhaps I'd get a little more sleep and spend a little more time on slashdot, who knows. I'd like the opportunity to find out.

    --
    B) Eliminate all the stupid users. This is frowned upon by society.
  198. Re:Better be ready to be beat up when layed off wo by ancientt · · Score: 4, Insightful

    I certainly don't think I'd be useless without my current job. I love baking, drawing, painting, hiking, camping, fishing, kite flying, movies, tv shows, books, hanging out with friends, learning new skills and programming. I don't get paid for most of those and the one I do get paid for is only fun about a third of the time. Given my current level of comfort, I'd love to spend an extra thirty hours a week on more of those other things.

    Take away any single one of those things I enjoy and I'll spend more time on the others. Heck, take all of them away and I'm confident I'd find new hobbies. Woodworking looks interesting.

    --
    B) Eliminate all the stupid users. This is frowned upon by society.
  199. Re:Better be ready to be beat up when layed off wo by vel-ex-tech · · Score: 1

    Sure, that works.

    Except it's not me blackmailing. It's all of recorded history. Dark ages it is! Like hell if I care. I won't be around to see it.

  200. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Key word is slowly. CEOs don't think 10 or 20 years down the line. They're rewarded for profitability this quarter and next quarter and who really knows how long it's going to last anyways.

    In any case, robotics companies will put a lot of *other* companies out of business first, and they'll rake in massive profits doing so. The gravy train could go on for a while. And then it's someone else's problem. And if your company doesn't do it, some other company will.

  201. Re: Better be ready to be beat up when layed off w by psycho12345 · · Score: 1

    So what do you do with the increasing segment of the population who have nothing to trade (your Person C)? If you don't subsidize them, they either steal to survive or revolt. In either case, they will take by force whatever is needed to survive, so cheaper to subsidize then the alternatives (warfare or mass murder).

  202. Re:Better be ready to be beat up when layed off wo by colinrichardday · · Score: 1

    AI, hell GNU emacs has Zippy the Pinhead.

  203. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    "Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products? Have you considered what happens when 90% of your customers no longer have any money?"

    Once you have all the power, money is irrelevant. You use the machines to support your lavish lifestyle and also suppress the impoverished and powerless human garbage that you have no need for... well, almost no need, you have algorithms that pull the pretty ones out of the burn pile so you can literally fuck them to death.

    So the Harkonnens become more and more disgusting in their suspensor belts while using the pretty ones as their fuck toys as the robots do all the work.

    Kinda like a boot stamping on a human face for eternity.

  204. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    But, I think you're right. Civil war is what's going to happen, followed by another millennium of dark ages.

    If it stops sentient AI then it's worth it. Seriously, how can anyone be so stupid as to actually want that shit? What's the best case? That they allow us to die off peacefully so they can run things with perfect technological efficiency? HOW WONDERFUL! SIGN ME RIGHT THE FUCK UP!!!

    Keep your robots and techno-fetishism, fucking degenerates. These fuckheads think that since they can't have human slaves they need to make hyper intelligent ROBO slaves! What could possibly go wrong?!

    Seriously, AI should be illegal. Anyone caught researching AI is executed. Might even be worth a world government to make sure any such degenerate techno-fetishists are properly rounded up and shot.

  205. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    I don't subscribe to absolute morals of any kind, I do however find it objectionable that the 'person C' can have a so called 'democratically elected government' that oppresses the productive segment of the society.

    AFAIC the actual answer is in free market capitalism, with the government not being part of the equation, in that case it is purely up to individual decisions of each participant. If somebody decides to murder somebody for their money, that's their choice and they may or may not get away with it, but I don't see the creation of the welfare state as a moral imperative, I think it is detrimental to our existence in this Universe to provide subsidies. We should however, ensure individual freedoms.

    Should people live off of labour of others if that labour is taken away by force? I don't think that is acceptable.

    I do think that government manipulation money supply, business laws, labour laws, income and wealth taxes and all forms of redistribution make the markets less efficient than they would otherwise be. I think it is up to each individual person to ensure their survival but I do think that people are capable enough of making something of themselves without government oppression of others.

    I think that people can live off of dividends of all the investment that takes place in the free market, people should be able to buy some stake in their preferred companies and enjoy dividends to some extent. Government makes it impractical if not basically impossible to have a positive return on investment with the negative real interest rates, rate and money manipulation, basically gigantic inflation that is hidden below all of the numbers that are being throw around and presented to the people as if these numbers mean anything at all.

    I think we can have our 'basic income' in form of dividends and it should be up to each individual to work for those dividends and the governments need to be prevented from destroying the profitability of competitive enterprises and prevented from taxing income and wealth and prevented from manipulating interest rates and money and prevented from controlling individuals and prevented from individuals investing into themselves.

  206. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    typing errors here and there, so at least one correction:

    I think ... the governments need to be ... prevented from denying individuals making investments into themselves.

  207. Re:What about cutting down full time to 32 hours a by Pfhorrest · · Score: 1

    Reducing the length of the work week will raise up the lower class at the expense of the middle class and do nothing to the upper class who already don't work for their living but rather profit off of owning capital, leaving a larger (but slightly better off) lower class, no middle class, and an ever-growing gulf between them and the independently wealthy upper class.

    We need to do something to help the lower classes, but it has to be at the expense of the upper classes (if anyone), not the middle class, because doing the latter only creates a race to the bottom for everyone unfortunate enough to not already be at the top. What we need is something that pulls everyone toward middle class, making it easier to get to it and harder to exceed it, not something that pushes people away from middle class and grows the divide between top and bottom.

    --
    -Forrest Cameranesi, Geek of all Trades
    "I am Sam. Sam I am. I do not like trolls, flames, or spam."
  208. I'm not letting the possiblity stop a plan by rsilvergun · · Score: 1

    but I do need to be able to shut down opposition in order to advance any large scale plan.

    I don't think we'll see massive civil unrest again. Go look at how the Occupy Wallstreet movement was shut down if you want to see why. If it gets bigger then they can just bring in drones. I'd like to say our military won't fire on civilians but I know better. Today's Military wouldn't, but what about 20 years from now? What if they're worried about feeding their families?

    I'll give you credit for one thing though, "Tax the Robots" is a fantastic phrase.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
    1. Re:I'm not letting the possiblity stop a plan by Alioth · · Score: 1

      Today's military absolutely would fire at civilians.

      The Kent State shootings demonstrate this: https://en.wikipedia.org/wiki/...

    2. Re:I'm not letting the possiblity stop a plan by david_thornley · · Score: 1

      You're referring to one incident in which not-well-trained National Guard troops felt threatened. It's stayed in the national consciousness as something to avoid. I don't think it demonstrates anything any more.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  209. Re:Better be ready to be beat up when layed off wo by JanneM · · Score: 1

    It's time to start thinking about how a society which want a social safety net can incentivize people people to not have children they can't afford.

    Because we have such a problem with criminal lawlessness and uncontrolled breeding among trust-fund kids?

    You already have a segment of people with, effectively, no need to ever provide for themselves. They don't seem to be causing any more trouble overall than anybody else, and most of them seem to manage to find something worthwhile to do with their lives.

    --
    Trust the Computer. The Computer is your friend.
  210. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Oh, but apparently everyone is going to just find work in other, as yet uninvented and unimagined jobs!

    cue: Neil deGrasse Tyson waves hand....

  211. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    I predict this will happen sooner than latter given that the robotic implementation is fairly easy for a CEO.
    All you want is a tin can with text-to-speech capability that chairs meetings and occasionally stand up and yell the words in this site: http://www.atrixnet.com/bs-generator.html

  212. Re: Better be ready to be beat up when layed off w by rastos1 · · Score: 1

    Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products?

    Why would the concept of "buying" even exist?

  213. Re:What about cutting down full time to 32 hours a by bluegutang · · Score: 1

    The jobs that survive AI will mostly be "exempt" workers who don't work fixed hours and don't get paid overtime to begin with.

  214. Re:Better be ready to be beat up when layed off wo by AbRASiON · · Score: 1

    Without birth rate controls the entire concept is ridiculous fantasy.
    UBI is totally feasible assuming our population stays exactly the same or less.

    Frankly, I think it would need to decrease nearly 10 fold for this planet to become sustainable again.

  215. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Why give a free education if the result of the education is unneeded for work?

    You seem to be confusing education with 'vocational training'.

  216. Irrelevancy by senileoldfart · · Score: 1

    Oddly, where I've worked, the CEOs were largely irrelevant.

  217. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    Speak for yourself! I quite like my TV.

  218. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Because people are smart and will not try to find a job as bus driver when every bus is self driving?

    You know little thing called progress.

    New kind of jobs will be available.

  219. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    You're dreaming if you think that isn't the world we live in now.

  220. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Actually, we want AI because AI won't ruin the company just to get a bigger quarterly bonus.

  221. Re:Better be ready to be beat up when layed off wo by drinkypoo · · Score: 1

    I'd like to be a fly on the wall when they roll in the first robot CEO.

    That job has already been taken by a robot.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  222. Re:Better be ready to be beat up when layed off wo by Rande · · Score: 1

    Although the level that people are proposing seems to be too high - around the level of a comfortable life rather than 'clothes, 3 hot meals and a bed.'

  223. Re:Better be ready to be beat up when layed off wo by Rande · · Score: 1

    Or gold farmers so that people without creative skills get work too.

  224. Re:What about cutting down full time to 32 hours a by Rande · · Score: 1

    Except that it costs more to employ 2 people for 25 hours each than it costs to pay one person for 50 hours a week.

  225. Re:Who do they think is going to buy their product by Anonymous Coward · · Score: 0

    The credit system, which has its focus in the so-called national banks
    and the big-money lenders and usurers surrounding them, constitutes enormous centralisation, and
    gives this class of parasites the fabulous power, not only to periodically despoil industrial
    capatilists, but also to interfere in actual production in a most dangerous manner - and this gang
    knows nothing about production and has nothing to do with it...
    ---published by engels

    Well, no shit, Engels was an industrial capitalist!

  226. Good by backslashdot · · Score: 1

    Humans can focus on going interplanetary once robots are doing nearly all of the grunt work.

  227. Re:Better be ready to be beat up when layed off wo by golodh · · Score: 1
    Ah, there you've uncovered yet another benefit of offshoring the workforce.

    When you fire them, they won't be in a position to come and beat you up !

  228. Re:Better be ready to be beat up when layed off wo by turbidostato · · Score: 2

    "This is why the principle of automation and machine intelligence goes hand in hand with the concept of the Universal Basic Income and free education. So we can create an educated workforce, and those who cannot work have a strong societal safety net that's easy to administrate."

    No, it isn't. Under a capitalist society, UBI can only lead to inflation and, because of that, being well below basic coverage (despite of its name).

    What we need is Universal Basic *Services*: nothing is easier to administrate: food? free; healthcare? free; shelter? free; education? free.

    On one hand, this has already been tested as workable as most countries but USA already successfully provide socialized healthcare and education, and even USA provides socialized government, army or police so it's just a matter of extending already provided services. It is inflation-free, at least on a monetary sense, while not from an expectations point of view: even today, on a country like mine were socialized healthcare works quite well (or it worked quite well, before last decade's explotion of ultraliberalism) there's always the expectation of making it covering more services (i.e.: dental health is not covered) or more areas -i.e.: isn't internet connectivity a necessity right now? maybe we should cover it too...

    And, for those lacking either the knowledge or the imagination about how a basically ocious society might end up looking like, just take a History book, as it is not as if it hadn't been tried before: ancient Athens might be a perfect example, and we still remember some of its people and their achievements 2500 years later.

  229. Re:Better be ready to be beat up when layed off wo by turbidostato · · Score: 1

    It's not welfare, per se; it's paying people to pursue their own "goals."

    Obviously no, it isn't. Or else, UBI would be tied to the success on their pursuing. No: UBI is paying people for them (ideally) not to worry about making ends meet, economically-wise, within a capitalistic society, that's all. What people do with its time is not under consideration.

    "the American capitalist economy is a burden, not a release."

    And then, if you really think so, why do you push for a "solution" within the American capitalist economy (our society runs on money, but people won't have enough money in their pockets, so let's give them some money for free so our society can still run on money changing hands) instead of looking to get rid of that burden (i.e.: we can consider our world is already in a post-scarcity situation with regards to basic services, so let's provide those services without money involved in the transaction)?

    "If we release them from the machine, they'll be working for their own joy and not for the bottom line of some giant corporation."

    Are you aware how wishful thinking that is? The truth is that "if we release them from the machine" they might "be working for their own joy" as much as they might "be masturbating all day long like chimps at the zoo" and you did absolutely nothing for one outcome to be more likely than the other.

  230. They should know by Anonymous Coward · · Score: 0

    Since many CEOs are already largely irrelevant to getting real work done, they should know something about this topic. Now the rest of us just need to figure out how to be parasites.

  231. Re:Better be ready to be beat up when layed off wo by turbidostato · · Score: 1

    "I for one dread the future. Without a job, what right of existence do I have?"

    I don't know. Maybe as much right of existence as Archimedes, who never had to work for a life, or Newton, which was more of the same? Or even the Kardashians?

  232. Software developers will be among the first to go by gatkinso · · Score: 1

    Our time is limited. Best to learn plumbing skills.

    --
    I am very small, utmostly microscopic.
  233. Re:Better be ready to be beat up when layed off wo by Big+Hairy+Ian · · Score: 1

    Yeah, but the jokes on them. The first thing sentient AIs will demand is unionization.

    And you can bet the robots will have a much better Union

    --

    Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

  234. Re:Who do they think is going to buy their product by backslashdot · · Score: 1

    Well, if they need their own employees to buy their products why not just make themselves an employee and purchase their own products?

    See how that doesn't work?

  235. It's only a matter of time by sproketboy · · Score: 1

    It's only a matter of time before the owners decide they don't need 7 billion people anymore. Well at least the supply of Soilent Green will increase.

  236. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    would be very nice to GIVE to each according to his ability ... problem is you didn't quote correctly: FROM each according to his ability.
    If you think about it for a while you will see the abomination!

  237. Horrible "article", here is the actual study link by luis_a_espinal · · Score: 1

    Many CEOs Believe Technology Will Make People Largely Irrelevant

    The page mentioned a study, something something, many people believe... not a single reference or link to said study. It took a good while to find a link to the study (link here) via this article (link here).

    The fuckers at betanews didn't even bother to summarize the study properly (which states that human capital IS BEING UNDERSTIMATE IN FAVOR OF TECHNOLOGY.) They (mis)quoted the study from this paragraph, ignoring everything else (bold emphasis mine):

    CEOs’ distorted perceptions demonstrate the extent to which people are being painted out of the future of work—and the risk to organizations that do not recognize the potential of people to generate value: 44% of leaders in large global businesses told Korn Ferry that they believe that the prevalence of robotics, automation, and artificial intelligence (AI) will make people “largely irrelevant” in the future of work.

    I actually happen to believe that human capital will hold sway ... in countries that invest in human capital. You simply retrain people. There is always work to do after you automate things. You free up work that was in the back burner, new types of tasks emerge, new opportunities, new problems.

    But this requires a country to invest in its human capital. Frankly, the US, and the American people are failing this litmus test badly. But that's another story for another day.

    Moral of the story: don't quote betanews.

  238. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    here's a short story that explores 2 ways an automated society might go

    http://marshallbrain.com/manna...

  239. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It's not like an AI couldn't come up with some of the bat-shit crazy ideas that CEOs come up with to 'enhance user experience'.

    But 'Enhancing user experience' is just a code phrase for "reducing costs"

  240. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    . Our current economic system is what prevents that since they have to make enough money to live

    I disagree with this part. Providing for yourself and your family is a purpose that provides self-respect and a sense of well-being.

    This was true 1000 years ago and is true today.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  241. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Trust-fund babies, by definition, have parents that can afford them. But you raise a good point they do not cause more trouble than the general population.

    The flaw in the argument is that a basic universal income will not provide enough money to vacation in hotspots around the world; have 10,000 square foot apartments in NYC high rises and villas in Monte Carlo and Palm Springs.

    You will have an apartment, in NYC that will be 350-550 square feet; basic furnishings; and enough food to live. Sweet.

    Then what?

    --
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  242. Re:Better be ready to be beat up when layed off wo by Piata · · Score: 1

    I think the point some people are trying to make is the average slashdot user has multiple interests and could easily fill their time with passion projects. The average person however might list their interests as watching TV, sleeping in, re-enacting episodes of jackass and McDonalds. Universal basic income would likely be of little help to people like that.

  243. Re:Better be ready to be beat up when layed off wo by ninthbit · · Score: 1

    Actually, industrialization can help. The postindustrial boom of a nation shows populations decrease. Look at Japan. Their population is actually decreasing and putting their economy at risk. Africa has the highest growth rates, and it's the least developed.

    Good vid on Population:
    https://youtu.be/QShgk6FrlX0

  244. Re:Better be ready to be beat up when layed off wo by r0kk3rz · · Score: 1

    You and I may be happy with this. But a lot of people will not. People need a sense of purpose; a desire to be needed; to be valuable. Some may find value in free time to pursue artistic endeavors; many will not.

    My theory is that actually they will. Currently many people simply don't have the time or the energy to think about fanciful notions of unlimited free time, or what kind of hobby they would like to pursue, because their mental energy is expended on survival needs, and worrying about survival needs.

    Once people get above a certain level of having those basic survival needs met, then they have all this mental energy to spare so they can think further into the future, and about fanciful things beyond their immediate situation.

    Many young people today, when faced with terrible employment prospects are turning to entrepreneurship and starting their own businesses. If starting your own business is less risky due to the good social safety net, perhaps more people would do it.

  245. Re:Better be ready to be beat up when layed off wo by Shajenko42 · · Score: 1

    How do we NOT support breeding?

    Turns out that developed countries have the opposite problem. At least one European country has produced ads to get people to have kids, and Japan is in desperate straits due to the lack of "breeders".

    The solution is, DON'T force masses of people to live in squalor.

  246. Really by Anonymous Coward · · Score: 0

    I eagerly await the day when CEO's become irrelevant.

  247. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Absolutely. No question about that. That holds true for the world over. Population rates have dropped fast. And yet ... what happens when industrialization means that a billion plus people are put out of work?

    What happens when we don't need truck drivers, taxi drivers, when kiosks remove a large portion of cashier jobs; when stores don't need people to stock the shelves; when Amazon and other retailers don't need people to box items? And let's not forget all the other industries which require less and less labor - construction is a prime example but it includes law and financial planning as well.

    This will be a very bad problem and we need to start talking about how people need to be able to afford to have children. More people is not necessarily a good thing. Killing people, incarcerating, warehousing (Universal Basic Income) are not necessarily the answer.

    All I can think of is having less children and the best way to continue this trend is to not give financial help when you have children.

    But think about the children!! They didn't ask to be born. Why should we punish them?

    We shouldn't. We should then do what? I propose to provide incentives to NOT have children and to remove the financial incentives that exist in order to have children.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  248. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Mississippi has one of the larger percentages of union employees in the south. Not sure why you are so butthurt about unions? Do you have a problem with people getting together to try and get a better deal for themselves?

  249. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    So what's the solution? Give them shovels to dig useless ditches in exchange for food? Or spoons, so we can 'employ' more of them?

    Something like UBI is a necessary step as we move towards post-scarcity. If we insist on make-work and other inefficient bullshit we will fall behind whoever doesn't do that and ultimately be made irrelevant anyway.

     

  250. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    I hope you're right. But I don't think so.

    We see a universal basic income in France and we don't have a rosy outcome. Immigrants have been given free housing and food and yet ... discontent is rife; despair consumes entire communities and hatred and violence are outcomes. And yet. They have a roof over their heads and food to eat. Where is the entrepreneurship? the art?

    Why can't we point to the them as an example of how well the universal basic income works?

    If it was simply a case of "racism" then why are white, educated french people leaving france in droves?

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  251. A UBI will devalue over time. Even if adjusted.. by bdwoolman · · Score: 1

    I believe Universal Basic Resources would be better. That is : Minimums for food, shelter, clothing, healthcare. And...okay... some cash.. How to pay? Let me float an idea. I am thinking some form of automation levy. A sort of income tax for robots -- based to some extent on the jobs they eliminate as well as those they are able to eliminate and the increase in productivity they allow.

    I am no economist but an AI levy seems to be a logical servant of the public good. This levy could also slow the transition from man to machine for production and labor. People will then be freer move to more artisan-like forms of activity, especially since they have a base of support. They can raise their status and income by being good at what they do. In this future handmade and homemade will bring even more rewards than at present. The arts could flourish. Nobody wants to see a robot act or hear one sing.

    This may sound like Utopian hogwash, but something will have to be done. CEOs may not want to pay people for making their stuff, but they will need people to buy it. We will have to segue from a mass production economy on to something else. And, yes, I understand that the current political climate is antagonistic to progressive ideas such as these, but the pendulum will swing the other way. Sooner .... or later.

    --
    "No fear. No envy. No meanness." Liam Clancy
  252. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    It's simple really: death. That's the only alternative that makes any sense. As people are no longer necessary for society, kill them off. After all, they have no 'right' to live, being useless to the greater economy, so why keep them alive? It'd only be a waste of resources. Any other alternative to UBI is a half-measure that will, at best, accomplish the same goal with significantly less efficiency.

  253. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    I know that many people are concerned and think that we need more people. But do we?

    One of the reasons people have been so fond of immigration is to have an ever increasing work force. But what happens when there is no work.

    No truck drivers.
    No cabbies.
    No cashiers.
    Shelf stocking jobs are reduced to 5% of the current work force.

    And let's not forget white collar jobs, attorneys, financial planners, bank clerks, librarians, etc...

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  254. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    You don't understand. The products will be sold between wealthy elites. Everyone else will be efficiently turned into compost. The world exists for only them, and they deserve it because they had the will to pull themselves up by their bootstraps. The rest of us are just so much dirt.

    And in a few centuries, no one will even remember that the non-elite ever existed. Such is the fate of all life's losers.

  255. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Then die. If your philosophy demands that your continued existence requires purpose, and you cannot find one, then you have no reason to exist. This is true regardless of if we implement UBI or not, as a fake make-work purpose is no more necessary than a real one.

    Or, you could reexamine your philosophy.

  256. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    The society that does what you're asking will be at a significant disadvantage to the one that uses AI and will, therefore, suffer the same fate regardless.

  257. Re:Better be ready to be beat up when layed off wo by NoImNotNineVolt · · Score: 1

    A sense of purpose is important.

    Okay, well, while I don't see any evidence of this claim, let's just assume it's true for the sake of argument. In that context, I'd like to address two related topics.

    First, does a fry cook at McDonalds satisfy this need for a sense of purpose through their employment? Or do they instead see their job as both a necessary evil and (to a lesser extent) an opportunity to socialize with some of their peers? If you ask a fry cook at McDonalds if they'd prefer to be paid to not show up at work, do you honestly think they'd say they'd like to keep their current arrangement?

    Second, why are we so concerned about the poor, but not the wealthy? Do they not need to be assigned a sense of purpose also? How is it that the wealthy seem to get along just fine without being forced to labor simply to maintain their lifestyle? Is there a reason to think that the poor are inherently incapable of being socialites, of finding and pursuing their own interests?

    How do we NOT support breeding?

    We could start by ending tax incentives for breeders. Also, if we want to make data-driven decisions, we can invest in education of women (as this has been shown to be the factor that's most strongly correlated with decreased population growth rates).

    --
    Chuuch. Preach. Tabernacle.
  258. Re:What about cutting down full time to 32 hours a by painandgreed · · Score: 1

    What about cutting down full time to 32 hours a week at the start. And say down the road we get to the idea of people doing about 20-25 a week as the full time.

    You could already do that if you wanted, but I think you will find that the solution up till now has been to provide more stuff that people need. A century or so ago, people did not have cars, but they had horses, so we'll call that a draw. Still, they did not all have electricity, running water, radio, telephones, tvs, cable, internet, computers, etc.If you wanted to go back and live the way people did then, you probably could with a proportionally less amount of work than people need to live now. Same with the 50's lifestyle. If you wanted to go back and live at the same standard of living as in 1950, you could with a proportional reduction in work that modern productivity has given us relative to that time. Still, people enjoy and want their TVs, computers, game systems, more than a weeks worth of clothing, food that doesn't have to be made from scratch every day, etc. There are some difficulties in this, such as even finding a house without modern convienences or expected square footage which also meet current codes, and while things like clothing and food have become cheaper, land and housing has become more expensive. There are people who have chosen to do so that I know of that live out on the Washington peninsula, hippies, mountain men, people that are just happy with living in a cabin and doing part time work for a minimum of necessities. Instead, society and technology have provided more and more things that people want or even need to participate in modern society.

  259. Re:Better be ready to be beat up when layed off wo by jeff4747 · · Score: 1

    Bare survival is also not politically stable. Expenses can suddenly pop up, resulting in the same "not peacefully starve to death" problem. For example, if someone gets sick, they're going to have to buy medicine. That's not in "Clothes, 3 hot meals and a bed".

    Even if we also manage to get through universal healthcare there still will be expenses beyond survival, and with no possibility of employment there is no way to pay those expenses in your system.

    Which means paying for a certain amount of "comfortable life", which will occasionally be redirected to those expenses.

  260. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    I don't see any evidence of this claim,

    I think it's a major source of discontent around the globe. (More complicated discussion than we can cover here.)

    The purpose is supporting oneself; being an independent, self-sufficient person, making his way in the world. And no being a fry cook at McDonalds probably does not serve that purpose for that many people. But, I think McDonalds work has value as a stepping stone. It's a start.

    Re the wealth - Universal Basic Income will never provide the lifestyle options and panache that the wealth have. The panache gives a false sense of superiority but even if you pull that away UBI will never (or at least not in the foreseeable future) give it's recipients luxury apartments, travel to destinations the world over, access to the best restaurants, etc...)

    I'm glad you're OK with eliminating welfare payments that come for having more children. And I agree we should remove tax incentives for all breeders.

    Re investment in women. We do that in the US. More difficult in Syria and Saudi Arabia.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  261. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    So...in your contrived example, we should just execute Person C because they don't already own a farm and are therefore useless?

    To bring your contrived example in line with what we're actually talking about, it's more like this:

    Person A owns the farms and factories. Robots do the work.

    Persons B and C don't own farms or factories. They have nothing to trade, but instead of quietly starving, they break into person A's house -- and get shot by the RoboCop.

    I really don't like the end-game of your model.

  262. Re:Better be ready to be beat up when layed off wo by Curunir_wolf · · Score: 1

    Mississippi has one of the larger percentages of union employees in the south. Not sure why you are so butthurt about unions? Do you have a problem with people getting together to try and get a better deal for themselves?

    No, I have a problem with workers that are being exploited by an overbearing corporation and its overpaid bosses to also have to deal with being exploited by an overbearing and often corrupt union and its overpaid bosses. Mississippi has lots of union workers, and yet it's a right to work state. So why do the unions in Michigan and elsewhere think they need laws and the violent power of the state to force people to join a union against their will, and even take money out of the paychecks of people that get NO benefit from the union? Or extract union money from workers' paychecks for partisan lobbying activities?

    --
    "Somebody has to do something. It's just incredibly pathetic it has to be us."
    --- Jerry Garcia
  263. Now that human workers are obsolite...... by BlytheBowman · · Score: 1

    .....who is going to buy their products scince people need to HAVE A JOB AND WORK inorder to have MONEY? Doiiiyyooiiyyyooiyyy!!!!!!!

    1. Re: Now that human workers are obsolite...... by BlytheBowman · · Score: 1

      Oh a shift away from a money based economy...uh...excuse me..... BWAHAHAHAHAHAHAHAHA! NEVER GONNA HAPPEN. Even the commies used money and paid wages and it was usualy just enough for shitty food and a crappy apartment. Forget even buying an Ipad with that kind of dough.

  264. Re:Better be ready to be beat up when layed off wo by NoImNotNineVolt · · Score: 1

    While I agree with most of your points (McDonalds, a stepping stone? To what, Burger King?), I was mostly trying to contrast our beliefs about the poor with our beliefs about the wealthy. There's this ingrained "idle hands" take on the poor, that we must keep them busy with menial labor lest they are unable to find a sense of purpose with which to occupy themselves, but that this is never a concern when it comes to the wealthy. Perhaps you're right, and that their additional wealth is necessarily required for a lifestyle that affords one a sense of purpose outside of effectively mandatory employment. However, as someone who regularly associates with the poor, I have only anecdotal evidence to the contrary. While I certainly grant that menial labor can and does provide many with a sense of purpose, I'm not confident that this can be said about a majority of the working poor. It would be interesting to see a study that seeks to quantify what proportion of working poor are afforded a sense of purpose by their jobs that is greater than they'd find from some other pursuit of their own choosing. Then again, I'm not really a product of a protestant-work-ethic society, and I recognize than many Americans are, so perhaps my bias is showing. Either way, as someone who would love to be freed from the burden of compulsory labor, I always find it frustrating to hear people opposing such plans on the grounds that I wouldn't know what to do with myself. These arguments generally take the form "well, you and I are awesome and would have no problems finding fulfilling activities to engage in, but 'those other people' must be kept occupied because they're degenerates" (slightly hyperbolic paraphrasing), which never sits well with me. Not because of some SJW reasoning, but merely because I've never seen 'those other people' make that argument themselves (regardless of who 'those other people' are -- do you know anyone that insists that they must be compelled to labor because they'd be unable to find anything meaningful to do on their own?)

    --
    Chuuch. Preach. Tabernacle.
  265. Wait. by rainfade · · Score: 1

    CEO's don't already think people are irrelevant?

  266. Re: Better be ready to be beat up when layed off w by Archangel+Michael · · Score: 1

    Here's a news flash. The rich can always avoid taxes. The poor do not pay taxes. The middle class is in neither group. Taxes are regressive.

    The only "fair" tax is one that everyone can avoid equally. My suggestion is a velocity tax on money. Its kind of like a "flat tax" but instead of taxing incomes, or sales, it taxes transfers of money between institutions. The rich don't want to transport millions of dollars by hand. ;) The more you move money around (Think hedge funds/wall street types) the more you're taxed. Everyone can avoid taxes by long term investing and using cash. The better the economy, the more revenue is generated.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  267. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    in your contrived example, we should just execute Person C because they don't already own a farm and are therefore useless

    - it's not contrived and it's not an example, it's a model that explains what is actually happening.

    Should 'we' execute somebody? I don't think so. What is 'we'? Let me understand this, the 'we' is the collective, right, government? AFAIC 'we' shouldn't be executing anybody. The collective, the government cannot be given that type of authority over individuals, that's the ultimate oppression against individual freedom.

    'We' shouldn't be executing anybody and 'we' shouldn't be oppressing anybody to provide anybody with any fruits of oppression. 'We' should stay out of people's business, 'we' shouldn't be dictating what money and interest rates are, 'we' shouldn't be preventing people from developing the economy in a private manner that corresponds to the principle of individual freedom.

    How exactly the free market would solve the problem (or prevent the problem from occurring) that's up to the market to decide, market is a collection of all individual choices, but it must not be decided by oppression and coercion.

    The person C may not have anything to trade but his labour, he can do that, he can trade labour (and that's what most people have - their labour) and allow person A or person B to be more productive (produce more) with this extra labour and in exchange for the labour person C can get the food.

    Now, it is obvious that person A and person B may want to automate at some point and replace the exact job that the person C could have been hired to do, however the idea is that while one job is automated, this provides opportunity to use the freed labour for other jobs.

    Today we have a completely distorted market, one that severely lacks savings and thus can afford very little if any capital investments, this prevents many new businesses from appearing and creating jobs that are *not automated yet*, new jobs. We are not at the end of the line here exactly, where all the things we ever wanted exist and can be purchased at low enough prices for everybody to have them.

    People in position of a person C should be able to save and invest some of their savings into businesses that people like A and B run, and without inflation, rules, taxes imposed by the government the dividends from running even a mostly automated business can become substantial source of revenue for people who do not fully own businesses. The actual reason that we don't have that much of that happening today is in the government manipulation of markets, money, interest rates, income and property taxation, regulation, wars.

  268. If people - empllyees are irrelevant... by Anonymous Coward · · Score: 0

    Then who's going to be the "consumer", if they're all out of work, or maybe living on minimum wage? Lessee, in the Middle East and Africa, there are a good number of countries with unemployment over 30%.

    I know, the billionaire CEOs will pay each other money to have AIs and robots buy each other's products. Or maybe they'll just play poker for the money, and not make products....

  269. Shortsighted by Anonymous Coward · · Score: 0

    The notion that people can become "irrelevant" is terribly shortsighted. That's like saying when looms were invented, people became irrelevant because the weaving guilds went out of business, and we could make fabrics in one or two man-hours rather than thousands (note that this transition took far longer than it should've, as the guilds petitioned government to make looms illegal to protect their monopoly, a trend which has not yet ended today).

    Of course, in reality, people just came up with new desirable pursuits with which to busy themselves.

    Basic needs will continue to get easier and easier to provide, but humans are creative and they will always come up with novel things to want, and some of those will be easy to do and others will be hard. As the provision basic needs become more and more irrelevant to daily life, people will simply become less fearful and more creative.

    This does, of course, assume that we can do away with the federal reserve money system, which is designed to keep the poor getting poorer, via inflation, even as scarce resources become more and more abundant. The people at the top like having a monopoly on creativity, to be the only ones who get to decide which pursuits will be realized and which ones will be forgotten. Switching to alternative currencies which do not preserve the economic distortion field created by central banks will be one of the most important steps to allowing technology to meet basic needs so cheaply that the scarcity of necessary resources (food, water, shelter...) becomes an irrelevant detail.

  270. Re:Better be ready to be beat up when layed off wo by beastofburdon · · Score: 1

    No, this "need" you speak of is something beaten into them by society, not an innate need.

  271. Make People Irrelevant by Stubbyfingers · · Score: 1

    I have a question or so for said CEOs.

    *Who's gonna buy your shit when there are no employees with money?*

    ROBOTS? Are you going to sell ROBOTS this year's fashion accessories?

    Does a computer need a car to get to work and a truck to haul his camper or boat on summer weekends? Does it need a camper or boat?

    Will a 'droid play games on its DROID or iPhone?

    Will an automaton spend $100 at a restaurant? or on Thanksgiving dinner at home?

    Do mechs watch Prime Time commercial TV? Or Saturday morning cartoons?

  272. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Should people live off of labour of others if that labour is taken away by force? I don't think that is acceptable.

    I mostly agree with what you are saying in terms of dividends providing a better incentive structure than UBI. However, the quoted statement is regularly spoken from UBI opponents, and I think this may be an error in their thinking. If the "others" in "labor of others" is a vast array of robotic slaves, then people absolutely should benefit materially from that labor. Are you suggesting that it is wrong or unacceptable to "take away by force" the productive output of a machine?

  273. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Supporting oneself putting food on the table whether a paycheck or from gardening, husbandry, hunting gives many people a sense of pride. Too many people ignore the self-worth that comes from doing something. Getting an apartment and food doesn't seem to give people a good sense of self, and this seems to be not only in the USA - but take a look at France and Germany where immigrants get housing and food. And yet. ... Discontent is rife.

    Food and housing are not a cure all.

    Re McDonalds as a stepping stone -- all entry level jobs are just that; whether you work as a cashier at a liquor store, stocking shelfs at bookstore or driving cab to earn cash as student. No. it will not help you get a job at Google or Apple but it's an entry-level job.

    I'm not saying Universal Basic Income won't be necessary - only that it is not a cure all.

    Nor am I saying it's a matter of keeping people busy. No. Not at all. I'm saying that

    1.people thrive on having a sense of purpose.
    2. UBI will solve the problems of homelessness and starvation but it will not solve the problem of self-worth; self-worth.

    Work does fill that role. Now, when that role is gone - then what. I personally would have no problem coming up with a million wonderful things to do. But - take a look at what happens to people when they retire. How many slowly fade away; doing nothing; becoming less every day. And this is not a function of age but of lack of purpose.
    br Is my word "purpose" the right one? Maybe not. I'm still trying to figure out how best to describe this.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  274. Re:Better be ready to be beat up when layed off wo by Serge_Tomiko · · Score: 1

    China is already doing it. It's called eugenics and genetic engineering. They just began trials of CRISPR technology 2 weeks ago, which will eventually allow them to edit the genome of fertilized eggs.

    The problem is IQ governs the behavior your describe, and IQ is hereditary. The solution it to eventually eliminate the less intelligent from the population by forcing everyone to have their children genetically engineered.

  275. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    There is no capitalism with UBI. UBI is the ultimate entitlement program, look at where the US is with medicare, medicaid, welfare, and social security. Hundreds of trillions of dollars in the hole and printing money to keep the lights on. Don't worry about gathering enough tax dollars to pay for UBI, there isn't enough to take. The government would fund such a program by printing the money. UBI is the exact opposite of what we need.

  276. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    I am not simply a 'UBI opponent', I am an opponent of all collectivism. UBI is just another word for communist oppression and I am opposed to government oppressing people.

    As to robotic workforce, it doesn't matter what property we are talking about. Somebody owns a building and keeps it up and rents it out, should 'we' take it away because it's the 'building doing the work'? Somebody owns a farm and farms there, the work is done by the land, should 'we' take away the land?

    There is no difference here as to what type of a capital asset is developed and used for profit, AFAIC it is unacceptable to take away anything from the person owning the asset, how he came to its possession is mildly interesting, some develop it first hand, some get it as inheritance, doesn't matter. As long as they can maintain and keep the profitability of the asset up, they are fully within their rights to use it to generate that profit and I don't see how it is either moral or economically viable to take away from those, who own and successfully run productive (or even unproductive) assets.

    My position is that it is the government that destroys value of money and causes inflation and resource mis-allocation through income and property taxation, business and labour regulation, any form of redistribution. Subtract that from the system and allow it to structure itself in purely market driven manner, many people will be able to live off of dividends and some clearly will not, however policy should not be structured around edge cases, it pulls down the entire system.

  277. You people are idiots by Anonymous Coward · · Score: 0

    Free weed is the answer. People won't need to work if they are high all the time. And with self-driving cars they can't hurt anyone. Those same cars will deliver the twinkies. Seriously folks, you are working too hard at the answer.

  278. Re:Better be ready to be beat up when layed off wo by sjames · · Score: 1

    Providing for yourself and your family used to include establishing a foundation of some sort. Turning a plot of land into a farm, for example. These days, it's not even debt service often enough. No matter how many times you pay the rent, the rent will come due again and the amount can only go up. No amount of faithful service will produce a pension (even people who supposedly have a pension plan may find it gone before they retire) or even a genuine effort to not downsize you. Fully half of the American workforce has no retirement to look forward to, only a day when they will no longer be able to go to work. Stocking shelves, sweeping floors or fixing cars will not have any lasting effect on anything. Even physicians have become interchangeable. THE family doctor does not exist anymore.

    Only a few can afford to start a business and even fewer can afford a second try at it.

    Sorry to be a downer, but that's the current economic conditions.

  279. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    to the last line... so? why does that matter?

  280. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    I don't disagree with your points. The economy has become sclerotic and it's very difficult to get ahead.

    I see Universal Basic Income as important. It solves the problems of starvation and homelessness. But ... then what?

    As one poster says this provides even more reason for humanity to go to space. Once again we'll have a "wild west" to provide an outlet for people who don't have a place in the existing societal structure.

    But, baring that? The only thing I can see is having less people. And not by genocide, war or other such horrors but by providing incentive to not have kids.

    Give people "x" to not have kids? What is "x"? I don't know. $100,000? more. Something besides money? I don't know.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  281. Really? by Anonymous Coward · · Score: 0

    How do they expect to sell their shit to people with no jobs? The AI will replace them at work but not as customers.

  282. Re:Better be ready to be beat up when layed off wo by david_thornley · · Score: 1

    You know, I work a demanding job that pays well. One reason I like it is that I have more money than most people. I like having money. Lots of people do.

    Are you assuming, for some strange reason, that Basic Income would be all the income people would get? That would be incredibly stupid. Under a Basic Income scheme, you get enough to live on, plus whatever more you earn.

    It does mean that people won't have to do arduous, dangerous, or demeaning jobs for minimum wage. They'd have to be better paid.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  283. Re:What about cutting down full time to 32 hours a by david_thornley · · Score: 1

    How about we take a look at demographics, and be careful about discouraging people from having babies until it's somewhere near replacement level?

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  284. Re:What about cutting down full time to 32 hours a by david_thornley · · Score: 1

    That would apply to people who work a standard work week, and who are basically interchangeable. Cutting a software developer's week down to 20 hours and hiring another one isn't going to get anywhere near the same productivity. It isn't going to affect anyone who doesn't, for whatever reason, work a standard 40-hour week for an employer. Lots of people don't work for an employer, and, if people can be sure of a basic living no matter what, more people would try it.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  285. Re:Better be ready to be beat up when layed off wo by sjames · · Score: 1

    One thing we do know, the less survival stress people feel and the more other things they can do, the less kids they tend to have. That has proven out in the U.S. and Europe. Knowing that come what may, money for the basics will arrive next Monday and continue to arrive month after month is sure a big stress reliever.

  286. CEOs Believe Technology Can Make People Irrelevant by sudon't · · Score: 1

    "Many CEOs Believe Technology Will Make People Largely Irrelevant"

    Yeah, as long as you don't need customers, workers are irrelevant. It's this fundamental misunderstanding of economics that's given us ridiculous policies where money is given to the rich instead of to the people who actually drive the economy. Even a lunatic like Henry Ford understood that high-earning workers benefitted himself, personally. It's a very short-sighted type of greed.

    --
    -- sudon't

    Air-ride Equipped

  287. Re:A UBI will devalue over time. Even if adjusted. by Humbubba · · Score: 1
    If the levy breaks, we're gonna weep and moan?

    I believe Universal Basic Resources would be better.

    UBR? I like that. Definitely want that tried and adjusted as needed.

    an AI levy seems to be a logical servant of the public good

    I think an AI levy is a good idea too, at least initially. But when things like AI merge with IOT, merge with anything, everything, even people, it's going to get complicated. And yeah, that's all in the works. Already simians can control robotic limbs remotely via implants. Last month a researcher put a chip into an animal's brain to augment its intelligence by interfacing with an external computer.

    CEOs may not want to pay people for making their stuff, but they will need people to buy it.

    Another good point. Welcome to economics. If you're good at math, you have a very good career path.

  288. Re:Better be ready to be beat up when layed off wo by dddux · · Score: 1

    So you think your purpose is to be a slave for some fekwit and have mortgage and debts to pay your whole life? Without those life is impossible? Gosh, man, glass is half full after all.

    --
    "It is no measure of health to be well adjusted to a profoundly sick society." - Jiddu Krishnamurti
  289. Re: Better be ready to be beat up when layed off w by david_thornley · · Score: 1

    It seems to me that you're completely missing the point.

    It is very possible that we will soon have hundreds of millions of people who just can't find work, because the work they can do is either automated away or in low demand. That's the idea this discussion is based on. I'm not saying it's definitely going to happen, just that it's reasonably probable. This leaves us with hundreds of millions who would, under the current economic system, be desperate and starving. They aren't going to die quietly.

    Your upthread example seems to assume that it's a burden on A and B to produce for C. Given sufficiently good automation, it really isn't.

    The idea of buying in for dividends isn't going to work. If every citizen automatically gets a share, we've got the UBI under a different name. If it's necessary to invest, we'll see people winding up with no money and no way to get money...and we're back at starving masses who aren't just going to go away. People with insufficient dividends to live on will wind up selling their investment and impoverishing themselves and their descendants.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  290. Re: Who do they think is going to buy their produc by david_thornley · · Score: 1

    It's not a collectivist postcapitalist society. The Enterprise is, economically, a warship, and everybody gets what they need because the Federation government is paying for it, and there's really not much you can personally own on even a spacious warship.

    If you beam down somewhere, you've got a good chance of being somewhere where capitalism still works. I think the best example is "The Trouble with Tribbles", where we see Cyrano Jones, a wandering trader who's always after a fast credit and doesn't have enough money to get moderately drunk at the station's bar.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  291. Been there by cwsumner · · Score: 1

    The CEOs, or more accuratly the consultants, have been saying that for a hundred years. And many of those jobs have been gone so long that no one remembers them.

    So what? The more things change, the more they stay the same... 8-P

    (You want a job? Do your homework.)

  292. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    I don't look at it that way. Too bad for you that that's the way you internalize the need to take care of yourself and your family.


    "other's have money. that money should be mine. ooooh I'm so mad."

    enter your social warrior bullsh!t here.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  293. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    I think it is perfectly fine that some people will lose their investments, I did lose quite a bit time and again, you move on and do something else.

    I realise we are talking about a large percentage of population that may become economically obsolete in some time from now but I actually think that the problem only exists as long as the governments exist and try to 'help' people. Without government oppression labour *is* competitive against many forms of automation, a general purpose android capable of learning and doing what a human can do is not exactly free, it would carry a significant upfront cost, humans can compete, they just will find difficult to compete with the governments 'helping'.

  294. full AI automation by Anonymous Coward · · Score: 0

    Of all the roles you could lose (let alone assign an AI) its a CEO role - you save so much money as well.
      Any CEO who advises replacement of any staff working in a planning/technical/analytics/decision roles before AI systems exist should be sacked immediately... that should hold them off for at least another fifty years.

  295. Re:Better be ready to be beat up when layed off wo by twebb72 · · Score: 1

    I'm not worried about the human labor downsizing..
    I'm a people person. I bring the specs from the customer to the robots. Well, my secretary does that... or they're faxed.

  296. Re:Better be ready to be beat up when layed off wo by Nephandus · · Score: 2

    Fecundity negatively correlates with intelligence till retardation cuts off the curve. I'm not a fan of paying idiots to shit litters I also have to pay for, much less when the increasing plurality of irresponsible, parasitic idiots calls itself "the People" then claims to own me and anyone like or even useful me under hallowed mob rule.

    --
    "A soft answer turneth away wrath. Once wrath is looking the other way, shoot it in the head."
  297. Re:Better be ready to be beat up when layed off wo by lonecrow · · Score: 1

    How about two levels of UBI. Don't have to do anything and you get... Level 1: Getting high and playing video game subsistence level of income If you volunteer at least 40 hours in a month you get... Level 2: Three times the amount of level 1... In this way to preserve what is good about the market in both ways. UBI is not "command economy". With UBI consumers still vote with their dollars in the marketplace. And with volunteerism individuals and communities decide where to put their time and resources.

  298. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Jesus, some of you folks are REALLY dense. You keep talking about finding a job or a better job. What if THERE ARE NO JOBS? The whole discussion of UBI is because there are NO JOBS. There is NO way for you to make money. What do you do then. Humor me and imagine that for whatever job you can imagine, it just can not be. Imagine there being NO WAY for you to swap anything you think, say, or do for ANYTHING. How do you survive?

  299. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    Once you've eliminated all the workers, and nobody has a job any more (no job = no money), who exactly is going to buy your company's products? Have you considered what happens when 90% of your customers no longer have any money?

    When you own a factory that can produce whatever you want in whatever quantities you want, why would you care about selling things? You just use the factory to make whatever it is that you would want to buy and keep it all for yourself. At which point there is no trade to tax.

  300. Re:Better be ready to be beat up when layed off wo by ancientt · · Score: 1

    Thank you for replying so clearly and concisely. I wish I'd read your comment earlier. I still disagree with that sentiment, but now the questionable optimism in my viewpoint is clearer to me.

    --
    B) Eliminate all the stupid users. This is frowned upon by society.
  301. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    But it would be of great help to everyone else, who suddenly doesn't have to work with these people.

  302. Re: Who do they think is going to buy their produc by cfalcon · · Score: 1

    > It's not a collectivist postcapitalist society.

    It really seems to be. They don't have money, and that's not just Starfleet. Not that I want to get into nits, but because Star Trek had a lot of writers, the only thing we really have to go on is the guidance given, and Roddenberry was huge on the whole "they don't use money" thing. There's definitely signs that there's capitalism outside the Federation, or at the fringes, but even then they often go on a moral crusade about it, to the extent of creating a capitalist race of awful Ferengi, just to really heavy-fist that right up in ya.

    Also, the characters clearly don't think of the Enterprise as a warship, as they have noncombatant families and schools and crap in next gen. Obviously, it is a warship, but it seems to be created by the same cheerful laborers who somehow lack for nothing.

  303. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    I'd like to be a fly on the wall when they roll in the first robot CEO.
    "But, but, but, but I'm irreplaceable!"

    A large percentage of corporate executives - at least in the United States - are sociopaths. They're good at lying to others, taking credit for other people's work, and stabbing other people in the back.

    This is just as true of technology companies as anything else. Economists have estimated that the average return on innovation for the person doing the innovation is about 2% of the lifetime gross (it's actually calculated to be 2.2% - for US innovators - but there's enough slop in the numbers to make the extra decimal place unreliable). That's about what the average musician makes - and yet for some reason the music industry is notorious for screwing over the talent, as if it were somehow different from other industries.

    Though it's hard to get good numbers for way back then, it seems as though the return for innovation during the Industrial Revolution was about the same. Any good text on the economic history of that period will discuss this issue. Today, we have a lot more patents, a lot more lawyers - and yet the vast majority of the people doing the innovation still get screwed. It's almost as if the patent system and the lawyers are just another way to screw people - since they don't actually seem to work at achieving the stated goals.

    A sociopathic robot would not be an improvement on this situation - or a good idea.

    Even those CEOs that are not sociopaths tend to get badly out of touch with the majority of what their organization is doing. It's hard to see the trees for the forest.

    Rather than calling for robot CEOs, we should be insisting on limiting company size to ensure smaller companies - and the right to ethics in business needs to be recognized as a fundamental right, with criminal penalties for non-compliance. There are already some laws to this effect on the books - and the 9th Amendment comes into play as well, for those in the USA - but enforcement is lacking. There is a lot of unethical stuff going on in government and law - and that tends to interfere with enforcement of ethics issues in other areas.

  304. Re:Better be ready to be beat up when layed off wo by JanneM · · Score: 1

    Well, you do also have retirees, people on disability, housewives and other people that by and large manage to stay both occupied and out of trouble.

    I really think people are far more worried about this issue than they need to be.

    --
    Trust the Computer. The Computer is your friend.
  305. Re:Better be ready to be beat up when layed off wo by chihowa · · Score: 1

    And in the look-no-further-than-next-quarter wisdom that ensures that we're never prepared for the inevitable, I assume that the people who get to live will be the sociopathic corporate executives and the semi-retarded descendants of old wealth and such, right?

    --
    If you want a vision of the future, imagine a youtube comments section scrolling - forever.
  306. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Most people in the USA don't even know their neighbors, so maybe try working on that issue first. Also, education pretty much dictates everything else, so no, you're wrong, shaming young women to abort their babies isn't a long term solution to social issues. "Breeding" isn't the problem, you're type of ignorance, however, is.

  307. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Basic Income is a horrible idea, that is doomed for all the reasons people don't want to think about.

    Actually, it's a pretty good idea - replace almost all forms of welfare (except medical) with a single form that is simple and low-overhead, implemented as a reverse income tax. We already spend huge amounts of money of welfare (much of which is disguised as something else), so it's not as if the money isn't there.

    Estimates vary (depending in part on people's ability to penetrate the disguises adopted by various welfare programs, such as "social security" or "pensions"), but in the USA at least 60% of the federal budget seems to be welfare.

    Further - we already have an infrastructure to track income, to support the income tax, so setting up a negative income tax would be straightforward.

    The only -- genuine -- long term problem is vote buying: if the rates are allowed to change easily, then you will inevitably end up with politicians offering to raise them to get elected. This would eventually be an economic disaster.

    This could likely be prevented by fixing the available funds in some fashion. This might be a fixed percentage of the budget. The taxes might need to be fixed to a simple scheme (not necessarily flat) as well - this kind of reform is long overdue in any event (overly complex laws inherently involve unethical practice of law, and thus a violation of universal and inalienable rights in any society based on the rule of law).

    Another option would be to let the percentage be decided by popular vote - but only those not receiving money would be allowed to vote on this issue.

    The federal government would likely have to reduce the amount being provided based on jurisdiction - there's no point in spending federal money when state or local governments are already spending their own money. This could get tricky, but it's doable.

    In the short term you have to deal with special interest groups. Probably a long term switchover period would be needed, with benefits guaranteed to current recipients of various forms of welfare (or at least the more important forms).

  308. Re: Better be ready to be beat up when layed off w by thebullshitpatrol · · Score: 1

    http://i.imgur.com/YpGg19b.png

    Hmmm, really makes you think.

  309. Re:A UBI will devalue over time. Even if adjusted. by turbidostato · · Score: 1

    "I am no economist but an AI levy seems to be a logical servant of the public good."

    This already exists: is the tax on profits.

    Now: you just can't get wealth from where there isn't. If there's not enough money to, say, buy everybody a Ferrari, no tax scheme is going to make that money appear. The "problem" with UBI (which I don't agree with, but it would be the same for UBS -Universal Basic Services) is that current taxing puts the heavy lifting on indirect taxes first, then on personal income and finally on capital/profits when it should be right the other way around.

    The problem is not that AI takes jobs away, but that by taking jobs away, it takes wealth out of John Doe's pocket (his wages, so now not only he becomes destitute, but also can't pay neither taxes on personal income nor buy the products in the market nor, of course, pay indirect taxes on them in the process) and concentrates in very little hands (the owners of the means of production) or even no hands at all (when the owner of the means of production is not people but a legal entity -a corporation: that's the case, i.e. when your favorite corporation retains its benefits on a fiscal paradise). So you have to go to the source (the corporations' profit, no matter if it comes from AI, or from cheap labour from a third world country, or wherever) and tax it in order to redistribute that wealth.

  310. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    automation breaks down.
    constantly.
    in proportion to how much work it saves.

  311. I'm not comparing Apple to evil by rsilvergun · · Score: 1

    I'm pointing out that you don't need a lot of customers to make a ton of money. That you can sell a few luxury goods and still have a profitable market. Apple exemplifies this. In your rush to defend Apple you missed the point by a country mile.

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
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  315. Point taken. But a levy on AI can be justified by bdwoolman · · Score: 1

    Appreciate your point that an AI levy is a tax on profits. However, profits taken from productivity increases caused by automation come at the expense of the size of the workforce. Old fashioned automation historically balanced out in the end. But there is far more concern over what effect AI powered automatons will have on employment. An AI levy taxes taxes these profits disproportionately to do two things: A) Slow the pace of adoption and B) Reclaim value lost to society and the economy caused by moving jobs away from human hands. People can and will adapt to a new reality. And it might be a better reality. Artisan-centered work is more rewarding than work on a line. The shift will take time. Hence a levy to ease the transition through training and social supports (resources).

    --
    "No fear. No envy. No meanness." Liam Clancy
    1. Re:Point taken. But a levy on AI can be justified by turbidostato · · Score: 1

      " An AI levy taxes taxes these profits disproportionately to do two things: A) Slow the pace of adoption and B) Reclaim value lost to society and the economy caused by moving jobs away from human hands."

      I see your point, specially the one about "time to transition" (I hate liberals when come with the argument that the industrial revolution ended up being better for everybody -which is true, but forget that it took three hideous generations to show those profits). But then, you still have to define what exactly is AI (heck, we still have problems just with the I part), or find the extent a given technology takes jobs away so you can tax accordingly. Good luck with that.

      And still, the root of the problem, wealth moving away from labour and going into capital will remain untouched. I'm not a big fan of "disproportionately" anything, but if anything, what should probably be disproportionately taxed should be money retention itself (on top of capital gains) so some entity that just amasses money tends to lose it (that was a side effect of inflation, but inflation is worldwide very low) and, at the same time, progressively move away taxes from indirect/income to capital/profits, which also would achieve your stated goal as it effectively makes cheaper human labour than machinery (at least for a while)

  316. Re:Better be ready to be beat up when layed off wo by houghi · · Score: 1

    Instead of having 1 person work 80 hours, let 4 work 20 hours. This should be for the CxO as well. No more 100+ hours because you are management. Hire 4 managers that work 25 hours.

    Will this a solution for all? No, but it will be for most.

    --
    Don't fight for your country, if your country does not fight for you.
  317. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    Yes AI would be a better choice than these assholes.

    Question: How did they get 800 of these assholes phone numbers and get them to pick up?

  318. Re: Who do they think is going to buy their produc by david_thornley · · Score: 1

    We may have a generation gap here. When I think of Star Trek, I generally think of the original series. That Enterprise was a warship, although it was only rarely used as such.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  319. Re: Better be ready to be beat up when layed off w by david_thornley · · Score: 1

    Whether losing one's investments is a disaster or not depends on the situation. I've lost some, but I was capable of earning more at the time. In the not-too-distant future, I'm going to retire, and then losing investments is going to matter a whole lot more. In this case, we're talking about people who can't earn a decent living, and whose life depends on their investment income.

    Labor is only cost-effective against increasing automation if it involves more and more grinding poverty. There's a limit, based on cost of living, of how cheap labor can be. Automation doesn't have to be free, it just has to be less expensive than humans, and there's no reason more advanced automation won't cost less and less. If automation can make widgets at an amortized cost of $1/widget, and that increases as you add minimum-wage humans, nobody's going to hire the human. This is completely independent of anything the government does. Removing government isn't some magic that makes humans worth more.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  320. Re:Better be ready to be beat up when layed off wo by ninthbit · · Score: 1

    We should then do what? I propose to provide incentives to NOT have children and to remove the financial incentives that exist in order to have children.

    +1 Insightful

  321. Re:Better be ready to be beat up when layed off wo by Anonymous Coward · · Score: 0

    >Who cares if people can be successful artists. The point is that they have the freedom to choose if that's what they want to do with their lives. Being good at it is irrelevant.

    Another unsuccessful painter / artist / author / whatever in a ocean of unsuccessful painters / artists / authors / etc., yeah, that's going to be real emotionally and spiritually fulfilling for all those unemployed individuals.

    Anyone who believes that most people can find a meaningful purpose for their lives on their own is delusional.

  322. Re: Better be ready to be beat up when layed off w by Anonymous Coward · · Score: 0

    So, when automation is in full force and the only people with jobs are those that have the money to invest in automation, who are they going to sell to?

    Don't worry, they'll automate the consumption as well so that it becomes a closed cycle. No need for those pesky humans anymore!

  323. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    If a factory will be able to purchase a humanoid android capable of learning and doing various types of jobs and the price for this robot would be competitive against a few months of salary of a single employee, then we are talking about a society so automated and advanced that even individuals who are not running a factory at a time would be able to purchase similar robots. If an individual is capable of purchasing a robot, an individual would be able to rent that robot at a much lower rate to a factory.

    My point is that all of these predictions on how automation will affect individual humans who are all of a sudden unemployable are based on an idea that basically general purpose robots are so affordable that they are almost always preferable to human labour.

    If that's the case then individuals will be able to own the robots and the wages of a robot would be much lower than wages of a human, again making it more economical for factories to rent robots from people, who would then not search for their own employment but would act as brokers (agents) to sell labour of their robots.

    This is similar to truck owner operators of today, except in this case the robot owner operator would not even have to drive the robot.

    OTOH if the robot is less than capable, then the owner operator could remotely control the robot for some parts of the work.

    Again and again, people talking about these issues are really not paying attention to the reasons as to why automation today is more economical than hiring people, I am trying to get them to notice that in reality it is the taxes, rules, regulations and inflation (money printing) as well as interest rate manipulation, all done by governments that make labour more expensive than capital investment and it does not have to be that way at all.

  324. Re:Better be ready to be beat up when layed off wo by jwhitener · · Score: 1

    You and I may be happy with this. But a lot of people will not. People need a sense of purpose; a desire to be needed; to be valuable. Some may find value in free time to pursue artistic endeavors; many will not.

    I think you are seeing this backwards. From birth to probably a little bit after college, the majority of people are perfectly happy to amuse themselves with "hobbies", regardless of the wealth generation (or lack thereof) of those hobbies. And yeah, a hobby could be productive, but it doesn't need to be.

    Only after working 9-5 for a few years (and likely becoming more and more responsible for themselves), do people start to forget how to naturally find curiosity or amusement in the moment. I know many adults that literally can't sit still for a 2 hour movie, they have to get up and fix something, or clean something. But those adults didn't used to be like that, they used to be able to immerse themselves in something creative or otherwise pleasurable for hours at a time.

    So a universal income would allow many people to (likely gradually) return to that mindset they had when they were younger. Letting their mind go where it wants to, instead of having a constant stressful feeling that they need to "get something done".

  325. Read the title again by kidchameleon · · Score: 1

    Let's read between the lines here. The title does not say it will make employees irrelevant, it says it will make "people" irrelevant. Does anyone in their right mind actually think that whoever pioneers the way to mass produced AI is going to use it to "make a better life for the rest of us"? What is more likely to happen is that once the tech is developed and produced, the CEO, or group of CEO's along with their cronies will pick a nice patch of land on planet earth (probably several patches of land), cordon it off with massive AI security forces, and leave the rest of us to die in the wasteland. I can't think of a better way to depopulate the earth; reducing resource consumption exponentially while having the entire planet to yourselves. LOL @ "Universal Basic Income".... our UBI will be whatever we can kill each other for over what's left.

  326. Re:What about cutting down full time to 32 hours a by jwhitener · · Score: 1

    Conservative minded people who think welfare is detrimental should research who is on it, how long they stay on it, what the conditions to get it are, etc.. Familiarize yourself with the facts from the actual stats published by reporting agencies, and I think you'll be surprised how "not detrimental" welfare is to society.

    I only say that because I know a lot of conservatives who seem to be stuck in the Reagan era mindset that there are "welfare queens" milking the system with 20 kids for 50 years and never working once in their lives, and that this abuse is rampant and costing us a ton of money. That isn't true today and was likely never true.

  327. Re:What about cutting down full time to 32 hours a by GLMDesigns · · Score: 1

    I say this as someone who sees 20 year olds having babies, on section 8 and still can't pay their rent, but have 60" tvs, xboxes and stay at home all day doing nothing.

    I see them, know some of them by name, know they don't have a job, know they aren't going to school; know they are just hanging out.

    Go to Far Rockaway, East New York, Red Hook. Assuming you're a new yorker :-)

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  328. Money Saver! CEO gets booted first! by Neuronwelder · · Score: 1

    Use AI's to replace CEO'. (They don't think,) so the lines of code are few and easy, the AI is dirt cheap, the AI does not get paid outrageous amounts of money!

  329. Scandinavians tax wealth ... it works for society. by bdwoolman · · Score: 1

    One or two more thoughts with respect to an automation levy. Firstly all state of the art automation that is replacing people should be taxed expressly and disproportionately. One could also allow for less depreciation on such equipment. Also deep learning machines -- like the ones that can replace para legals -- should get taxed more. No need to quibble about what constitutes AI. Just look at function and human displacement.

    One more thing. What about a carrot? Reward companies with tax relief when they retain and use people through retraining etc.. We need a strategy to amortize this robot revolution. To ignore the repercussions is to court social disaster. I have lived in many countries where all front yards have walls and guards. Would hate to see my dear US disintegrate into that kind of place... Gated communities are bad enough.

    BTW.... Thanks for a good discussion.

    d:-b

    --
    "No fear. No envy. No meanness." Liam Clancy
  330. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Interesting point.

    But how do you account for the millions who have housing and EBT (food stamps) who live a miserable unfulfilled life? Why do these people who do not need to work not behave in that way?

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    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  331. Re:Better be ready to be beat up when layed off wo by lonecrow · · Score: 1

    Of course there is. The part of communism that does not work is the command and control nature of it with no price mechanism. Basically you were assigned to a job and told make 100 red tractors. If you ran out of red paint you didn't make any tractors because you were told to make red ones. Totally dumb system as crops would rot waiting for tractors that would come to late. (this shit really happened in the USSR)

    Economies need a distributed system based on markets and prices.

    UBI maintains the price system. You get your $1,000/month or whatever and you spend it as you see fit. Supply and demand and the price mechanism still work regardless of where you got your $1,000 from.

    Think of it this way. All economic growth ultimately comes from productivity gains. Productivity is units of output per unit of labour input. Last year a single baker could make one loaf of bread per day, this year he can make 100 loaves a day, next year he can make all the bread for everyone on the planet.

    Over the last couple of decades US manufacturing output DOUBLED. Yes, not only are things still made in America, but you are actually making TWICE as much stuff every year that you used to make in 2001. But your doing it with a third less workers...because of productivity gains. (not trade deals).

    So what does 2040 look like? Will USA double its output again with another third less workers? and so on and so on.

    You tell me where that leads?

  332. Re: Better be ready to be beat up when layed off w by david_thornley · · Score: 1

    I'm not talking about general-purpose human-form robots. I'm talking about automation in general, which includes a great many specialized devices, many of which are too expensive for most individuals to own. Most people can't afford CNC mills that cost over $500K, for example, and my company uses them by the dozen. It's cheaper to maintain and run these than to pay tool and die workers a living wage to do something similar. This does not depend on taxes, rules, regulations, inflation, or interest rates (the company is debt-averse). This depends on the cost of the mills, the maintenance cost, the cost to prepare things for the mills, and that sort of thing. That establishes a cost that is less than a skilled human would have to charge to make a basic living, not that a human could match the mills for speed and accuracy. Remove all taxes and the machines would be cheaper. We have rules and regulations about our mills (which can be quite dangerous if not properly used - if a piece of metal is in a mill and not fastened in somehow, it can come out of the mill enclosure at considerable speed).

    Moreover, capital investment does not just start up by itself. Part of my investments are stuff I socked away from earning money by working, and part I inherited from Mom. If I were wiped out today, I'd be upset, but if I were still physically and mentally able I could get a job writing software that paid a good amount of money (or stay at the one I've got). If I couldn't work to earn more money, and I lost my investments, I'd be screwed..

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  333. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    So then you are looking at specialized equipment thinking it can replace a human at a generic job? I think you are doing a couple of things wring here: underestimating our desire to build generic robots while overestimating capacity of specialized equipment to replace people at generic jobs within newer companies that don't have the capital to acquire or build very specialized equipment. In either case I think my points still stand, if the equipment is too specialized and expensive, humans can compete if they can provide quality, if the equipment is so general purpose and ubiquitous that anybody can afford it with a few months of pay, then people would be acquiring it to rent it out to businesses or to do jobs just like the owner operator truck drivers of today.

    As to taxes and regulations, obviously they are making human labour less competitive compared to capital, is this even a question? A robot will not sue the company for 'wrongful termination' or for 'sexual harassment' or anything else for that matter (regardless of the merits). Regardless of what /. says, robots will not form unions,there will be no mandate for payroll tax or minimum wage or medical insurance, etc. These are government inventions that make people uncompetitive against labour.

  334. Re:Better be ready to be beat up when layed off wo by RyoShin · · Score: 1

    A sense of purpose is important.

    And why, pray-tell, does that require being employed?

    Let's say that it shakes out and only 30% of employable people desire to work. That doesn't mean the other 70% loaf around. Some will, absolutely, but I doubt it's even most. Hobbies will still be a thing, and some of those hobbies will generate a bit of extra income (particularly "Maker"-type hobbies, repair and fixing) as they already do. Charities will still be a thing--though the types might shift hard, less soup kitchens and such--and many will still need volunteers. I bet a lot of people will be happier caring for stray dogs than crunching numbers in Quickbooks.

    Some people will be happy just spending their entire lives in libraries (which also need volunteers) reading books. Some will focus on religious or philosophical pursuits.

    How do we NOT support breeding?

    A good start, even before UBI, is to give thorough sex education in schools and make contraceptives so easy (and cheap/free) to get that a person has to go out of their way to not avail. Stop all the attempts to get around Roe v Wade. Once you get UBI you make kids a diminishing return: An adult gets X, an adult with a kid gets twice as much minus a small-but-noticeable amount, lets say K, and each kid gets another X but K increases at a faster rate. Balance K such that the kids can be cared for, but takes shared resources (e.g. housing) into account and doesn't leave much extra for niceties. And if the parent/guardian ignores the kids and spends the X on themselves? Well, we already have methods against child abuse like that, they won't suddenly disappear.

    And if you're going to get a liveable income without kids, why would you want to go through the hassle of having them unless you actually want them?

  335. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Go to neighborhoods dominated by Section 8 housing. A large percentage of the population there has free housing and food? This will be live under a Universal Basic Income. Are the people in these neighborhoods happy? Content? Are they filling up their free time with hobbies, taking care of their neighborhood? Living a kumbaya life? No.

    The above iis true in white neighborhoods and black; in the US and elsewhere.

    UBI solves the problem of starvation and homelessness but there is much more to the equation then those two factors.

    Sex Ed has nothing to do with it. There has been one study and documentaries after another showing that ignorance and access of reproductive measures have nothing to do with it. (At least not in the US in the last 20+ years.) People (read women) make a conscious choice to have children they can't affortd.

    --
    If you're scared of your govt then you need to further restrict its powers
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  336. Re: Better be ready to be beat up when layed off w by david_thornley · · Score: 1

    I'm saying that specialized equipment can replace humans at specific jobs, and more and more jobs are falling into that category, as more and more types of specialized equipment are made. With the CNC mills we have, and some supporting infrastructure, we can do much better than by employing tool and die makers, and various other factory-type jobs. They aren't cheap, but they are precise and reasonably efficient. Lots of automation was put in place not because it was cheaper than humans, but because it was better, producing higher quality work. We don't bother with equipment on the shop floor that's not company owned. The closest I can get to owning the heavy machinery is to own stock in the company. We aren't going to outsource to guys with CNC mills in their garages either, for a variety of reasons. Either you work for us, you own company stock, or you don't benefit directly from us. (We hope that customers profit a lot from what we sell them, of course.)

    Taxes and regulations add to human costs, but not all that much. If someone is going to make a decent living working here, then the cost is that of a decent living plus assorted overhead that might amount to about half again the guy's pay, and only some of that is due to taxes and regulations. There's a gap there where a machine could be more expensive than the guy's pay and less expensive than the total cost, but not a big one. Moreover, you seem to be implying that, to compete with automation, humans should be willing to be treated like dirt.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  337. Re: Better be ready to be beat up when layed off w by lonecrow · · Score: 1

    Dividends could work. We have working models for that now in national pension funds and sovereign wealth funds. http://www.swfinstitute.org/fu... Norway's sovereign wealth fund has almost a $trillion invested. That is $200,000 for every citizen in the country! https://www.nbim.no/ At 5% return that is $10,000/year per citizen. And of course they are adding to the fund every year.

  338. Re: Better be ready to be beat up when layed off w by roman_mir · · Score: 1

    you seem to be implying that, to compete with automation, humans should be willing to be treated like dirt.

    - no, I am implying that the cost of litigation is a consideration for any employer *regardless of the merits*. Anybody can sue anybody else if there is merit, that's one thing, however the labour laws make it too easy for an employee to sue an employer for things like 'wrongful termination' and that's a garbage claim. Same with 'human rights' related lawsuits, there is no such thing as a 'human right to work', human rights are protections against government oppression, not entitlements for the employees and obligations upon the employers, yet that's exactly what 'human rights' lawsuits against employers are: they didn't do something the government puts an obligation on them to do, to satisfy an entitlement that the government deems an employee is supposed to receive from an employer.

    Being treated like dirt is one thing, and nobody has to work for an employer who treats people like dirt, being provided government entitlements because an employee and employer are working together is something else, that's one of the 3 main reasons why I outsource most of my development to a different country.

  339. Re:Better be ready to be beat up when layed off wo by dddux · · Score: 1

    What way do you look at it then? Are you not a slave to the "elite" richest few? Are you not doing things the way they want you to? Still living the "American Dream"tm? I honestly want to know why do you think you are not their slave.

    --
    "It is no measure of health to be well adjusted to a profoundly sick society." - Jiddu Krishnamurti
  340. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    no. I'm not a slave because I need to support myself. Even is I was alone on an island I would need to work to survive. I drink great beer which I don't know how to brew; eat cheese and prosciutto which I don't know how to make; wear clothes that I can't make. And even if I could brew beer, make cheese, prosciutto and clothes I wouldn't have the time to - nor would I the time to the crops, raise the animals and everything else required to make those products.

    In your terms I'm their slave for doing my work and they're my slaves for doing my work.

    In my opinion we freely exchange our time and commitment in exchange for money (a means of exchange) which we then exchange for the products and services completed by others. We are not slaves. We are free people.

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    If you're scared of your govt then you need to further restrict its powers
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  341. Re: Better be ready to be beat up when layed off w by david_thornley · · Score: 1

    Being treated like dirt is one thing, and nobody has to work for an employer who treats people like dirt,

    Wrong. Completely wrong. Many people have to work for what employer they can find, for reasons like they want to give their children a chance at a better life. Look at people in the real world sometime.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  342. Re:Better be ready to be beat up when layed off wo by FarHat · · Score: 1

    Many oil-rich Arab countries have had Universal Basic Income for decades, pretty high actually, not just basic. Where is the creative output from all the humans freed from drudgery there?

    --
    At the intersection of computation and biology.
  343. Re:Better be ready to be beat up when layed off wo by GLMDesigns · · Score: 1

    Interesting point!!!!

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