Money is all digital now. No gold backs it, or anything else. Just figures in a database....Ironically probably running Oracle.
The numbers can never run out.... We should not care., its just the same as some gamer scoring high points at pacman...
Well done to those companies.
INSTEAD, we should be turning our eyes to governments who are NOT creating enough debt to fund this. Public debt, the big scary 20 trillion figure, is where the money came from. We just need to add more to it to free up the economy and get people working again.
"The law has been a fundamental of batteries for more than a century and a half.".....I would have thought laws of physics were from the beginning of time....
Tax's dont fund spending. Haven't since we came off the gold standard. Instead, this research gives jobs to people qualified to do so, extending human knowlege.
With the scale of unemployment, would you rather they sit on social?
If you tax robots, then there is LESS incentive to getting robots, and more work for humans to do.
Once you realise that tax does *not fund* expenditure, but is only there to prevent inflation and add value to money, you realise the absolute stupidity of what he suggests.
I would have originally said a mac laptop..... but, apple have destroyed what was insanely great....,and left the world with massively overpriced computer like objects that you cant even plug in a usb memory stick.
You could go windows but that would be selling your kids heart to the devil, along with his browsing habits, shopping preferences and anything else microsoft want to monitor.
You could go with a linux laptop like...erm....... errr.... Cant find one for sale. Scrub that.
You could go with a chrome book. BUT.....GOOGLE.....WHY?....the market is shite (see above), you could clear up. WHY DONT YOU WANT TO?
Actually, all things considered I would buy a second hand Macbook white core 2 duo from 2010. they're available for £150, shove in 8gb of ram, and it will easily run the latest OS. If I was a kid, I would love to find this in my xmas stocking more than anything else;
US government bonds are 100%, totally, risk free. The US fed can create $ from thin air, and are the only body in the universe that can do this. So, there is zero risk.
Just let them off!
Tax revenue is not used to pay for public services anyway. Its there to give value to money and to prevent inflation.
If google want to store the money in an offshore account, let 'em, as its going to be doing exactly the same as if it was taxed.
We do this in the UK also.......except the power is already in the KFC chicken itself, rather than a lipol batter pack. This project puts free to use dynamo bikes for the public to use. Plug your phone in, then burn a few calories charging it..... ideal if you've pigged out and want to burn at least some of it off!
http://eastdevon.gov.uk/news/2...
Actually, as electricity is supplied as AC, you just get the same electrons over and over again, first pushed into your device, and then pulled out, etc etc.
Damn you electricity companies, making us pay for our own electrons, time and time again.
Then zap it.
They can already create viruses from scratch anyhow - https://www.newscientist.com/a...
So, just dump its DNA sequence to a tar file, and then snuff it out. That simple. And no moral dilemas about genocide because well, we can always tar xvf smallpox.tar, if we need to.
Solar provides about 100w / square meter. So 35GW would need 350Million Square meters (350 Square killometers....).. About the size of the isle of white!
Maybe we can make a floating island, full of solar panels....
At about $1 watt (about current prices), 35 billion could buy 35GW of power. The UK is currently using 31GW of power!
Ok, lets say that this price is negociable....as this is HUGE amount of solar panels.... So, lets say we can get it down to $15 billion, spending the other $20 billion on power storage for when its not sunny. And we need to space to put it, but how many houses in the UK still havent got solar on their roofs?
isn't this a better idea?
No.
$15 now is all about demanding everyone get the same [minimum] wage, but demand they work. Its communism. It hurts business, and it hurts capitalism in general as it shuts out market forces.
Giving *everyone* a set amount of money. Rich and poor, just enough so the idea of absolute destitution is no longer relevant. At this point, employees can negociate their own wage, so we can drop minimum wage. Some businesses can get away with paying less, if the job doesn't deserve paying any more..(for example, does a deck chair attendent, really deserve $15 / hour???). Result is businesses start paying the rate demanded by the market. not by the government.
To give a good metaphor, consider an electronic amplification circuit, with a transistor, capacitor. and a *resistor* to provide base bias. Because a transistor only works when current flows one way, if you feed a transistor an AC signal, it will only work 1/2 the time.... So, you add a resistor which provides a bias voltage, so the AC signal is raised so it never drops below zero. This makes it work all the time.
Basic income acts the same as this 'Bias' resistor... it provides just enough so that a persons income/outgoings (excluding savings) never drops below zero.
I rescued a Core 2 Duo out of a skip..... Dropped in a Core 2 quad, and a NVIDIA 750TI.
This shite PC, now pumps out more GFLOPS than the highest end Apple you can buy today.
Now, I like Macs, I am using one to write this comment, and I really dont want to fuck around with linux or sell my sole to the devil (microsoft).... But, for raw GPU power, macs have lost the race long ago....and it doesn't look like the management give a fuck anymore.
I leave the Slashdot 'Disable Advertising' box unchecked. Becuase I am not bothered by the ads, and maybe now and then something might catch my eye, and I'll give it a click....supporting Slashdot as I do. Bills have to be paid after all.
However, if the ads were in the face 'YOUR PC IS AT RISK FROM VIRUS' etc, then this is unacceptable..... This is what AdBlock is for, to get rid of these crappy fear-ware ads. I honestly don't mind seeing ads that don't get in my face.
The economy is fucked. Stock markets are falling, and it looks like there will be another crash.....soon.
This is because people DO NOT HAVE THE MONEY, and FAR TOO MUCH DEBT to buy stuff.....
They don't have enough money (on average), because automation as already started to take effect.... With technology, 1 person can now do the work the work of 3....however that employee will still only only get the wages of 1, and the other 2 parts goes to the boss. Hence the rich are getting richer..... and the poor / middle class are simply not getting enough cash to drive the economy.
And so the stock market crashes.
UBI is needed to balance this out....to allow the wheels of capitalism to work....without seizing up due to the automation. So as a capitalist, Bring a set amount of UBI now, in order to stop the financial pain everyone is feeling at the moment./
Slashdot Mirror
.fff
The economics doesn't lie - Tax doesn't fund spending, and cant fund spending.
Yet this is against the mainstream politics view that it does and we need to cut spending, or increase tax to reduce the deficit.
Will the mainstream attempt to limit visibility of these 'fake' articles that say tax does not fund spending?
Its windows.....probably full of viruses. Probably better to look elsewhere for your chickens sake.
Money is all digital now. No gold backs it, or anything else. Just figures in a database....Ironically probably running Oracle.
The numbers can never run out.... We should not care., its just the same as some gamer scoring high points at pacman...
Well done to those companies.
INSTEAD, we should be turning our eyes to governments who are NOT creating enough debt to fund this. Public debt, the big scary 20 trillion figure, is where the money came from. We just need to add more to it to free up the economy and get people working again.
Its that easy.
Yes, they are a shit company.
BUT, they are also very, VERY cheep. In any case, most of the GPL violating stuff has been reversed engineered.
I run this as a home server - it works great.
https://www.aliexpress.com/sto...
"The law has been a fundamental of batteries for more than a century and a half." .....I would have thought laws of physics were from the beginning of time....
Tax's dont fund spending. Haven't since we came off the gold standard. Instead, this research gives jobs to people qualified to do so, extending human knowlege.
With the scale of unemployment, would you rather they sit on social?
http://www.pragcap.com/ama/wha...
Bill gates doesn't have a clue. Not a clue.
If you tax robots, then there is LESS incentive to getting robots, and more work for humans to do.
Once you realise that tax does *not fund* expenditure, but is only there to prevent inflation and add value to money, you realise the absolute stupidity of what he suggests.
I thought javascript was single threaded.....hmmmm, itchy chin. itchy chin!
Pine Book laptop. $89. Awesome.
https://fossbytes.com/dollar-8...
I would have originally said a mac laptop..... but, apple have destroyed what was insanely great.... ,and left the world with massively overpriced computer like objects that you cant even plug in a usb memory stick.
You could go windows but that would be selling your kids heart to the devil, along with his browsing habits, shopping preferences and anything else microsoft want to monitor.
You could go with a linux laptop like...erm....... errr.... Cant find one for sale. Scrub that.
You could go with a chrome book. BUT.....GOOGLE.....WHY?....the market is shite (see above), you could clear up. WHY DONT YOU WANT TO?
Actually, all things considered I would buy a second hand Macbook white core 2 duo from 2010. they're available for £150, shove in 8gb of ram, and it will easily run the latest OS. If I was a kid, I would love to find this in my xmas stocking more than anything else;
US government bonds are 100%, totally, risk free. The US fed can create $ from thin air, and are the only body in the universe that can do this. So, there is zero risk.
Just let them off! Tax revenue is not used to pay for public services anyway. Its there to give value to money and to prevent inflation. If google want to store the money in an offshore account, let 'em, as its going to be doing exactly the same as if it was taxed.
We do this in the UK also.... ...except the power is already in the KFC chicken itself, rather than a lipol batter pack. This project puts free to use dynamo bikes for the public to use. Plug your phone in, then burn a few calories charging it..... ideal if you've pigged out and want to burn at least some of it off!
http://eastdevon.gov.uk/news/2...
Actually, as electricity is supplied as AC, you just get the same electrons over and over again, first pushed into your device, and then pulled out, etc etc. Damn you electricity companies, making us pay for our own electrons, time and time again.
Then zap it. They can already create viruses from scratch anyhow - https://www.newscientist.com/a... So, just dump its DNA sequence to a tar file, and then snuff it out. That simple. And no moral dilemas about genocide because well, we can always tar xvf smallpox.tar, if we need to.
Hinkley point is only going to produce 3.2GW ! https://en.wikipedia.org/wiki/...
Solar provides about 100w / square meter. So 35GW would need 350Million Square meters (350 Square killometers....).. About the size of the isle of white! Maybe we can make a floating island, full of solar panels....
At about $1 watt (about current prices), 35 billion could buy 35GW of power. The UK is currently using 31GW of power! Ok, lets say that this price is negociable....as this is HUGE amount of solar panels.... So, lets say we can get it down to $15 billion, spending the other $20 billion on power storage for when its not sunny. And we need to space to put it, but how many houses in the UK still havent got solar on their roofs? isn't this a better idea?
No. $15 now is all about demanding everyone get the same [minimum] wage, but demand they work. Its communism. It hurts business, and it hurts capitalism in general as it shuts out market forces. Giving *everyone* a set amount of money. Rich and poor, just enough so the idea of absolute destitution is no longer relevant. At this point, employees can negociate their own wage, so we can drop minimum wage. Some businesses can get away with paying less, if the job doesn't deserve paying any more..(for example, does a deck chair attendent, really deserve $15 / hour???). Result is businesses start paying the rate demanded by the market. not by the government. To give a good metaphor, consider an electronic amplification circuit, with a transistor, capacitor. and a *resistor* to provide base bias. Because a transistor only works when current flows one way, if you feed a transistor an AC signal, it will only work 1/2 the time.... So, you add a resistor which provides a bias voltage, so the AC signal is raised so it never drops below zero. This makes it work all the time. Basic income acts the same as this 'Bias' resistor... it provides just enough so that a persons income/outgoings (excluding savings) never drops below zero.
Where did the missing 7 go?
I rescued a Core 2 Duo out of a skip..... Dropped in a Core 2 quad, and a NVIDIA 750TI. This shite PC, now pumps out more GFLOPS than the highest end Apple you can buy today. Now, I like Macs, I am using one to write this comment, and I really dont want to fuck around with linux or sell my sole to the devil (microsoft).... But, for raw GPU power, macs have lost the race long ago....and it doesn't look like the management give a fuck anymore.
I leave the Slashdot 'Disable Advertising' box unchecked. Becuase I am not bothered by the ads, and maybe now and then something might catch my eye, and I'll give it a click....supporting Slashdot as I do. Bills have to be paid after all. However, if the ads were in the face 'YOUR PC IS AT RISK FROM VIRUS' etc, then this is unacceptable..... This is what AdBlock is for, to get rid of these crappy fear-ware ads. I honestly don't mind seeing ads that don't get in my face.
The economy is fucked. Stock markets are falling, and it looks like there will be another crash.....soon. This is because people DO NOT HAVE THE MONEY, and FAR TOO MUCH DEBT to buy stuff..... They don't have enough money (on average), because automation as already started to take effect.... With technology, 1 person can now do the work the work of 3....however that employee will still only only get the wages of 1, and the other 2 parts goes to the boss. Hence the rich are getting richer..... and the poor / middle class are simply not getting enough cash to drive the economy. And so the stock market crashes. UBI is needed to balance this out....to allow the wheels of capitalism to work....without seizing up due to the automation. So as a capitalist, Bring a set amount of UBI now, in order to stop the financial pain everyone is feeling at the moment./
Agree.... totally. And I have a 2012 i5 laptop also, that I bought from ebay second hand....