- Видео 96
- Просмотров 66 708
Big Stupid Tech
Добавлен 13 апр 2024
Simple how-to videos for non-technical beginners who want to launch their own App, Website, or other Digital Product.
Do you want to launch your own App, Website, or other Digital Product?
Are you stupid like me?
This channel is for you.
Simple, step-by-step instructions for each problem within full-stack software development for absolute beginners and non-technical professionals.
Do you want to launch your own App, Website, or other Digital Product?
Are you stupid like me?
This channel is for you.
Simple, step-by-step instructions for each problem within full-stack software development for absolute beginners and non-technical professionals.
What percentage of us CAN survive financially, after current technology is rolled out?
I don't like doomsday language. But I do believe doomsday is here.
Libertarians like me have a lot of faith that the free market works. And there's evidence it does.
But there's also evidence that suggests technology and automation are creating a useless class of humans who do not participate in the labor markets.
Maybe they're lazy. Maybe no one wants to works. Maybe stimulus checks, government welfare and social safety nets de-incentivize labor force participation.
But we won't know any of those reasons are the cause unless we can answer this question:
If we implemented current technology (not future AI or AGI advances) - COULD every capable adult create enoguh wealth to support themself?
Co...
Libertarians like me have a lot of faith that the free market works. And there's evidence it does.
But there's also evidence that suggests technology and automation are creating a useless class of humans who do not participate in the labor markets.
Maybe they're lazy. Maybe no one wants to works. Maybe stimulus checks, government welfare and social safety nets de-incentivize labor force participation.
But we won't know any of those reasons are the cause unless we can answer this question:
If we implemented current technology (not future AI or AGI advances) - COULD every capable adult create enoguh wealth to support themself?
Co...
Просмотров: 205
Видео
Is there any evidence you can still start a profitable tech company today?
Просмотров 42928 дней назад
Is it even still possible for us to build a successful application or other tech company? Looking at the evidence, including OpenAI, Perplexity AI, Y Combinator, GitLab, Quibi, VidIQ and LingQ. Spoiler: Either become a PhD AI researcher or focus on a tool.
What happens when $130k/year skilled labor is automated (you'll either be a Scientist or a Cashier)
Просмотров 344Месяц назад
There's a lot of jobs after AI automation. Skilled labor is not an option.
We don't have to guess the end result of technology: Some industries are fully automated already
Просмотров 535Месяц назад
Observations of full automation: A free tier of services are offered The free services are almost unusable Companies that automate don't necessarily lay off workers Most of work no longer solves a problem Some evidence of lower wages
Why would the rich keep you around after UBI?
Просмотров 107Месяц назад
Just because AI or AGI automation makes workers unnecessary - it doesn't mean pandemics will "start". It does mean you're only living at the mercy of technology owners.
When anyone automates work, your pay goes down
Просмотров 1,5 тыс.Месяц назад
If you disagree, just explain to me the mechanism how someone else automating work increases my wages?
Our best chance of technology creating a Utopia
Просмотров 938Месяц назад
I don't think technology will ever lead to opportunity for all. I don't think this scenario is possible, it's just the most realistic I can imagine.
History's repeating: Why AI is the new Cotton Gin (and how to protect yourself)
Просмотров 3,2 тыс.Месяц назад
You're about to get trapped in a job copy/pasting AI generated text into Powerpoint decks. Technology revolutions have always begun with an invention that processes valuable material. And they've always involved the exploitation of human labor.
I can't say keeping up with technology has been worth it
Просмотров 170Месяц назад
Interested in hearing from people who disagree.
Proof that no one wants more technology.
Просмотров 134Месяц назад
If you don't mind getting what you want from people, get what you want from people.
Jobs being automated has always resulted in new, more exciting jobs
Просмотров 541Месяц назад
Jobs being automated has always resulted in new, more exciting jobs
Why the dockworkers are right to demand no automation
Просмотров 459Месяц назад
What they're doing may not be best for you, but it is best for them. Cover the US Port Workers’ Strike where the International Longshoremen’s Association (ILA) are demanding wage increases in a new contract with the United States Maritime Alliance, representing shipping companies. More interesting, this is the first battle between robots and humans, with dock workers demanding no work be automa...
If robots will take our jobs, why aren't we buying robot lawn mowers?
Просмотров 93Месяц назад
I need your thoughts on this. Highly recommend Julia McCoy's work, referenced: @JuliaMcCoy
AI's most serious threat to humanity.
Просмотров 80Месяц назад
We trust the opinions of other humans. AI can impersonate humans. We're more easily influenced than we admit. AI has proven it understands human psychology. Models and agents are getting easier to operate. There are actors with bad intentions. I'm not worried about disinformation or misinformation. I'm worried about AI being used to poison our collective psyche, and that isn't limited to the sp...
How generative ai works (except its 3am and I oversimplify it)
Просмотров 8482 месяца назад
I'm aware a unit in a neural network operates nothing like a datadase table, but the net function of the 2 are analogous and I will die on that hill.
What happens when anyone can build quality software?
Просмотров 1,8 тыс.2 месяца назад
What happens when anyone can build quality software?
The best software startup idea for 2025
Просмотров 2632 месяца назад
The best software startup idea for 2025
Start on your Passion Project now, or get Quick Money first?
Просмотров 972 месяца назад
Start on your Passion Project now, or get Quick Money first?
Help others: Any way you can. As fast as you can.
Просмотров 362 месяца назад
Help others: Any way you can. As fast as you can.
I tried 12 free website hosts (custom domain support + https redirect)
Просмотров 642 месяца назад
I tried 12 free website hosts (custom domain support https redirect)
You don't have time for Market Research AND Competitor Analysis AND Prototyping AND Coding AND Gra..
Просмотров 672 месяца назад
You don't have time for Market Research AND Competitor Analysis AND Prototyping AND Coding AND Gra..
You can stay productive - Just switch to something you can be productive doing.
Просмотров 452 месяца назад
You can stay productive - Just switch to something you can be productive doing.
Would you rather stay solo or partner with a co-founder?
Просмотров 422 месяца назад
Would you rather stay solo or partner with a co-founder?
I found a SaaS promoter that actually works, but I have no idea what it's called.
Просмотров 662 месяца назад
I found a SaaS promoter that actually works, but I have no idea what it's called.
The only free website hosting with no credit card (webhostmost)
Просмотров 2252 месяца назад
The only free website hosting with no credit card (webhostmost)
How to host a website for free with TinkerHost
Просмотров 3362 месяца назад
How to host a website for free with TinkerHost
only visual studio code! Why doesn't it do it specifically they for visual studio ?
Never ever buy their service . Too slow and lazy customer care. And no refund wasted my money
Thanks Its Works 👌👌
AGi is bullshit, we can not create it. We have no concept of what consciousness is, we dont even fully understand LLMs, we dont even understand HUMANS fully. It is impossible for us to create a generalized intelligence when you have yet to understand and conceptualize with a proof what intelligence is. We have no proofs or anything to even know what consciousness is. this is all marketing bullshit
I don't think we have to create a consciousness, to get a general intelligence that appears to function. But that's a moot point. That functioning intelligence would still be developed to serve the will of the developer.
Hi, great video.. but I have something wrong... im paying after 5 days networking about 3,70€? Is that normal?
Hi, thanks! That seems a little high if it's being billed ,70€ a day. When I made this video, I was getting billed around $ .25 but I'm seeing my billing higher too.
What is at play on global stage is, in my opinion, Limits to Growth aka "he with the most resources wins". Automated west attacked resources rich manual east, so the Rich want what the Poor have.
Nah you ain't kidding about needing to have the most resources
Not sure if you mentioned it, but there will be a difference in the quality of the goods. Manually made goods, in most cases, would be better quality than mass produced cheap goods.
I see that too, especially with food. I just don't know if that is inherent, or if manual producers are forced into the high end niche because they can't compete on cost.
This was a great take! 10 year software eng now and toying with starting a side project/SaaS business and was having similar dissonance when working on it. I’ve been a part of enough venture backed startups to know that that model is not sustainable for most companies. So then how do we make something truly profitable and bootstrappable. Have you seen Pieter Levels content? He very much promotes the solopreneur ethos and it is inspiring
also- this got randomly recommended to me and I just assumed this was some big channel. Keep it up, this is great content we need more of
I wonder if software's going the way of the music industry after streaming services came out. Low barrier to entry, low pay of the middle tier. Pretty dismal future for people starting out, but if you could build quickly and easily (like you could with a decade of SWE experience), I'm wondering if there's a opportunity there for putting in 20 hours a week and making $100k/year.
Thanks for the encouragement, and Pieter Levels lead! I can't believe I missed even his Fridman episode!
@@BigStupidTech Oh it's great, and great food for thought. A lot of his business ideas are not grand ambitious projects on the order of your typical SV YC startup -- his photo AI app seems one step above a demo IMO and could be quickly out competed. But I think he does show that a) money can be made and b) it can be done with limited resources. It's all a window of opportunity though, and I think with AI constantly advancing the windows where XYZ business is viable are getting smaller and smaller (5 year business is now a 1 year maybe even just a few months business trying to stay ahead of what AI can just straight up do or make so easy it is a commodity).
Sure you can. I work for one myself. If you have truly innovative tech that is actually useful that is. Copy pasting already existing products and business model isn’t how you should start a tech company anyway.
do you mind sharing more about what your business does? curious
@@ytaccount9859 a way to incentivize renewable energy generation, developing monitoring devices that will have the fastest refresh rate in the industry (updates every 12 seconds), currently only support for solar (hydro/geothermal/wind in the future)... fully compatible with Tesla powerwalls, enphase/lion energy/solar edge invester support to follow just google Solareum
You have a very effective simple but perceptive take, and I like your voice. You will be able to do this professionally if you continue with youtube.
Thank you, that's so encouraging!
Hope you're not a neoliberal. The homeless in California and other places are homeless due to supply constriction introduced by the neoliberal wealthy class. Mixed zoning, civil government sponsored housing and lower regulative barriers to housing ladder would help mostly everyone but would hurt the wealthy dumping their money in real estate. Economic policy is always a matter of political will, leadership and vision. If you allow the superrich industrialist to monopolize politics you will get slavery in a few generations.
I've only been convinced that neoliberalism get dangerous when you introduce 3rd/4th industrial revolution technology. Without that, neoliberal economics look like anarchy would - if fists were the only weapons: The strongest may dominate 10 people temporarily, until the 10 organize.
Free markets assume people are incorruptible and there lies the flaw. With govt. officials colluding with corporates, oligarchs, hedge fund managers, etc. the free market is an illusion.
People almost always act in their self interest, and I think that would be enough to make the free market work IF the playing field was level in some way. In any way, really. I think it's failing because that playing field is level in 0 ways: Government connections, inherited capital, powerful tech.
We the people need to be compensated (universal income) for what has been taken from us (survival in the wild). Automated production is mass production, why would you need mass production for less than 1 percent (the rich) of the population?
Automated production did used to mean mass production (at least to make it worth automating), but I feel like that could change with multi-purpose robotics and programming for them getting more dynamic.
I think UBI will keep persons subservient, in the long-term it will not be good
make app for vision pro or ar/vr
Has the AR/VR space has stagnated in terms of users, or is it just the hype that's died down?
20% of people will always own 80% of the wealth, our elite are just beta males. They have to rely on coercion, manipulation, lies. All of them have a bodyfat over 20% the only "elites" worth respecting are Arnold Schwarz, Alex Hormozi is another up and comer.
But what leads you to believe that the 20% will 'always' own 80%? Why would their share stop growing now, after decades of growing 5-10% , and especially with new technologies coming out now?
Think of it this way, within a forest 20% of trees will accumulate 80% of the sunlight. Now you can artificially go in and chop down the largest trees like as in communism but regardless there would still be a small group of central planners who would still hold the pareto distribution to be true.
I wouldn't think automating your own farm or commune is the best opportunity if this were true - not in the short to medium term. People already dropping out of the labor force and going back to the land is a big enough TAM that you could make a killing selling tech for getting off the grid
We never know when layoffs will hit
Bro get real we don't live in a freemarket. We live in monopoly capitalism. 20% of people will always own 80% of the wealth, also called beta males.
I doubt we are living in a free market, but a dude's gotta dream!
yea but why would anybody grow there own food if pay is too low to buy it instead of revotling
Because now they have k!II drone swarms?
What a sober thesis with insightful examples. I'm glad you popped into my recommended feed.
Thanks for that kind feedback!
It might be important to mention you're limiting this to product companies. Plenty of agencies hit the ground running today.
Thanks for the catch! I know several people who have done well in freelance and consulting. Even a local web dev business looks every bit as viable as in the dotcom bubble.
Awesome, it's so easy...I had tried that a couple of years ago it didn't worked... I'll try these steps again 👍🏻👍🏻👍🏻
read Player Piano bro
This looks so good, I'm glad you recommended it!
There was never a goal of "maximizing profit" our elites are trillionaires, they are past the point of caring about money.
If they were rational, yeah. It's a good point.
Correct. The idea is not to maximize the profit. It is to grab as much as you can afford or are willing to or are forced to pay, so that you stay where you are and are not growing monetarily as quickly and are always under stress.
In-work poverty, no ability to buy something, less motivation for education, more people in crime
Less participation in those workforce too. We've already started seeing all those.
u have ed lol
That's just a hypothesis, we'd have to test that to form a theory.
I don't agree if you are automating tasks for example for a PhD person having to do some tedious weekly data entry to get information into some outdated system that say a pharmaceutical company does not want to spend money on getting an upgraded version because it does not add value to the company and as a result many highly educated people have left the company because they felt their skill setis being wasted with certain crap tasks. Many tasks being automated at corporations don't necessarily add value to you or the company and when yearly performance reviews come around no one would expect your data entry tasks to be noted as an accomplishment. Now if you took the initiative to automate it, then yes it would show a little about yourself as one wanting to work smarter not harder because as an educated out of the box thinker with the mindset of ain't nobody (with legit degree/education) got time for the BS work tasks. Now if someone is only there to get a paycheck, meaning no interests in adding value to their resume then yes they may have your mindset.
I'm not arguing someone's pay goes down if they automate their own work. Quite the contrary, their time becomes more valuable. I'm arguing everyone else's time becomes less valuable competing with them.
OpenAi will not die down it will take a chunk of web searching away from search engines. For many day to day searches what the Ai gives you is plenty enough
The question in the paradox made me think if agi would respond to those questions like you inferred it would most likely. I mention this because it may also be true that agi would respond in way that’s more likely unfamiliar to us, if its capabilities are that it can consider much more info and synthesize or derive new info from unimaginably large amount info that’s all being processed at the same amount of time. Then it would be most likely the decisions it arrives at should be unpredictable, because it’s leveraging our pattern of thinking without the limitation of storage and random access memory, Etc (even eventually) I think I am guessing agi won’t be a machine of action or decision making but more of machine for calculations that can mostly be arrived through quantitative certainty like physics. And for things it can’t always quantify it will use its own system or scale that may be incomprehensible by us and not simply ordinal
Right, and I've even thought about what it would mean for AGI to 'be smarter than us'. Because if it solves a problem we wanted before us - sure, we'd accept that. But if it gave us an objectively more efficient means to some end that we chose, and we didn't accept that means - wouldn't that just prove we don't actually want the end we thought we did?
@@BigStupidTech you're def right, and probably far ahead of the thought i am having. I just imagine that the model AGI won't be a machine of efficiency, of continuously getting better at recognizing already (human) created data, but rather, creating new data/outputs by integrating the amount and variation of data that our human brains have limited us to (GIVEN THAT the AGI is trained on objective physical truths, rules and observations). So, at some point it can manipulate a math equation in its own language that is learned and derived from algebra but is not algebra and probably not recognizable to humans, and this is after it has mastered every rule of algebra and recognizes every pattern of numerical manipulation so that it can find some combination (or dissociation) of rules that was never fathomed by human thinkers. That is bound to happen when you have processing power and speeds that is greater by many orders of magnitude beyond any group of human minds. At that point, its outputs are beyond anything we have ever thought of or considered. If it solves a problem we have asked it, it will instantly consider far more information than anyone in the world has ever had. Its ability to consider every related and nonrelated piece of information to the initial human input or problem would result in novelty, thus insight. So, then the question wouldn't be of agree or disagree, but of figuring out how it got to its answer (probably because its highly likely its correct). and so artificial general intelligence would, or i guess should be unpredictable if my assumption of what AGI really is, is correct.
I don't think these are free services. You don't pay for the services because you are the product. The market to you you give your money to those who give them money. Without the indirect stage of you giving money to them there is no Google or social media. How would someone get paid to give you food. There are some examples in real life where the government funds someone's food. But if the power elites have no use for you why even keep you around certainly you could have a situation where they lived in relatively fortified positions such as in South Africa. But this is different. They won't have any utility function for the majority of the population. We already see the rise of a new religion in response to the decline of the value of the currency and the psychosocial effects that has. This new religion amongst other tenants teaches that people are fundamentally immoral. And that it would be undesirable to have more of them than it's unethical to make more of them. How often do you hear the phrase "humans are a virus" "They're destroying the world" there have been extensive psychological studies that show this is partially the results of a large number of narcissists who see themselves ask miserable and wanted to die but not having the nerve to kill themselves. And then projecting that everyone else must be in the same state or living is more burden than pleasure and does subscribing a positive moral value to the death of humans and humanity. Well you can see a certain proportion of these people as relatively Fringe. The Fringe is what's driving things forward. Thank you for your patience with my text wall😂 Edit about 2 to 3 months ago I may have my dates wrong the company known as meta and Google both laid off massive chunks of their workforce following exes laying off more than 2/3
The game is for us not to work anymore. We actually have a chnace to do this right bring general value and automate everything we don't wanna do. I believe it's currently ironic that most people have their job and hate it but also don't want something else to replace the job producing much more value for less resources and free up those humans to do something else.
We may hate our jobs, but they benefit us too currently. If something replaces us, we're left to beg or demand or take what we need by force.
@@BigStupidTech The only option is to take by force and its not even debatable. In all of human history, those in power have NEVER sympathized with the less fortunate, even today, they say UBI is an "unnecessary expense" because they already have the billions of dollars that they need. Mark my words.
I think that it’s also the fact that for a lot of people their career is their life. It’s all they know so if that gets automated they wouldn’t know what to do with themselves and their health will start to decline
You missed a crucial part is that we don't want to work, but with the notion that there is going to be some way that our cost of living is going to be covered. It would be stupid to be okay with not working and still have bills to be paid with no income to pay them.
@@deeelle6567 I think the issue is we educated for over a century population to be good factory workers, that killed pretty much creativity side in most of working class. I see it as a liberation. For that you also need to look at work from a different perspective and redefine the term. In a way I feel I'm cheating because it's how I lived my life, for me a job was never just a job. When I did pizza delivery over 15 years ago I learned a lot of patterns about buildings, what it takes to run a restaurant, what comes in and what goes out, etc. Everything you do is meant to help you grow. The issue we are having right now is the system we built. It's slow and doesn't really incentivize real growth. it's more inclined towards the shorter path to wealth, and the focus is what is supposed to be just a tool: money. With AI we can build a different system where us humans can communicate and collaborate in ways that were never even conceivable before.
We don't need 50% of men either
We need a dominant men and the return of the Patriarchy. Good news is we'll get it.
@@BigStupidTech cope harder incel
I expect the mass depopulation will be the result of the AI 99% will be 5% in 100 years
why are car prices going up, usually in line with average wages and amount of debt one can service......car production is automated.....
If they can raise car prices and still sell them, I can't blame them!
There is a major factor that you overlooked, which makes things more complicated. If we develop a new method to automate many of the jobs in a given industry, then the real cost of production in that industry is bound to decrease. If the goods are being manufactured in a competitive market, then the price of the produced items will go down too. That then pushes up the purchasing power of wages for the remaining workforce. This is why it's not as straightforward as you present, and it is difficult to predict what the final impact on wages will be. In the real world there are of course other mechanisms that also don't fit so neatly into an idealized model. For instance, maintaining automated factories requires workers with higher education, which pushes up wages for those workers. If the workers have specialized skills, it is easier for them to negotiate with the employer - especially if they are unionized. Also, it may be that a portion of the increased corporate profits is taxed and spent on programs that improve the quality of life for the workers, who may then be able to afford a higher standard of living.
I agree that automation under competition will lower prices, but that would only increase the purchasing power of the remaining workforce if everything else remained the same. We know everything else did not remain the same, because now there laid off workers competing with the remaining workforce, and that competition could lower wages.
automation is good, increasing human productivity is good. with more automation the pie is bigger and we can have more stuff or work less hours. allowing capital owners to leverage automation to enrich themselves while making everyone else poorer is bad. but this is not a law of nature. this is a choice we made, and are continuing to make, as a society. we vote on the mayor, the police chief and the governor. but the economy is run by a cabal of petty dictator/oligarchs, and regular people get to choose which terrible asshole they will serve in exchange for things they need for survival. why do we give control over automated machines to unaccountable selfish unelected dictators? along with control over our land, water and other natural resources? not sure. everyone just seems to think it's a really good idea for some reason, inspite of all the evidence to the contrary, and so here we are.
The Sam Altmans, the Elon Musks, and the Eric Schmidts do have enormous value to the economy. I don't want to remove the incentive for them to contribute their full potential. And I don't know the perfect balance between that and the rest of society. What if we taxed them at the current rate, but capped inheritance at $100k? Let them amass wealth and power in their lifetimes. It seems wrong to take what someone gathers in a free market, but it also seems wrong for one child to be born into billions and another into poverty.
@@BigStupidTech yeah? what exactly did they contribute? not the people who work in companies they own, not the engineers, or designers, or factory workers, or managers, but them personally. do you know? are you sure they contribute anything at all? are you sure they aren't a net negative when all is said and done? all I hear is endless circular arguments (they are rich because they deserve it, and they deserve it because they are rich), while these assholes are building orgs that are destroying the environment, killing millions through war and poverty, and impoverishing everyone who is not part of their special club. and that's not an opinion, that's a provable fact. except capitalist propaganda would rather blame anything and everything (the market, technology, immigrants) rather than admit that those making the decisions (the .1%ers) are responsible for the consequences of those decisions.
The WHOLE POINT of technology & automation is to bring wages down. It always has. Technology & automation commoditizes tasks and will not stop until ALL jobs are removed. Your interests are to hold on as long as you can and have the other guy lose his job. Better him than you.
It's easy to forget that and think longer wages are an unintended consequence.
Je wish banking. They do insider trading with their friends in The Banks, Media, Politicians and Too Corporations. Pretty easy to collude from there. Just start with media. ADL Stock Market = WWII Ask Mr 8,8
It's kind of paradoxical when you think about. A free marketing creating neo feudalism. It Seems like humanity is stuck between a rock and a hard place because communism is just as bad if not worse, that's if automation takes over almost all jobs.
Automation SHOULD be good for society, but you do need a system to redistribute this wealth amongst the people. At the moment we have a growing parasite class (Gov / Big corporates) which feed off the productive. The extra wealth from automation should be allowing for significantly less work to provide the bare essentials of survival, currently we see the opposite. They want the peasants toiling away on largely BS jobs just to survive... perhaps to keep us busy. This need not be 'communism' , and anyone claiming that the current system is a pure 'free market' is deluded.
You ask for the New World Order because you see the yummy stuff. But you do not ask, who controls and runs the New world order and what freedoms do they allow you to have? Also, why do they get to decide how free you are? Why are you asking another human who you are equal to in existence, what kind of freedoms will you allow me to have? Lead yourself. Stop trusting Governments and religions. They do nothing but try to control you and trap you into their systems where its always the 1% ruling over the 99%. We need systems that are not controlled by a leader or leaders who eventually just get corrupted by power. All they do is try to trap us into illusions.
Crazy idea : What if all weath is a result of energy consumption . More energy . More weath . You can use that energy to power humans or machines , but in the end you are just turning energy into goods and services .
Bro! I literally spent all day thinking about what would happen if all the businesses on the planet were magically automated. I know the immediate effect would be a massive price war, but I couldn't figure out who would be able to lower their prices the most. You're right. It would be whoever has the cheapest energy.
@@BigStupidTech The problem is 1 rich person gets all the extra productivity while everyone else starves is technically a "net good". Which , correct me if I am wrong , is something you mention in your video .
Discovered your channel, underrated gem
Thank you kindly sir!
Holy crap. I thought this was a joke at the start. You can't be serious dude. This is how you create a slave society.
Haha nope, I just believe this is the best option we have realistically. Do you think we have any better chances?
@BigStupidTech i think we have too much evidence already that the 1% have no interest in looking after us as a Utopia. Absolute power corrupts absolutely. We need to find ways of working together as communities. Yes, the technology can be developed by the few, but can be embraced by the many and owned by cooperatives. The change needs to come from waking up, not continuing the old patterns of control. When we work together, we grow. I agree that things are moving towards more entertainment etc but you can have both.
Holy crap. I thought this was a joke at the start. You can't be serious dude. This is how you create a slave society.
Money is a quantifiable and universal history of transactions ( Money =/= work done.) Now that we understand the idea of money. The real value in money is time. . . The finite resource is the product produced. Automation if a machine can x100 the rate of a person, it adds that much value in time to itself. The workers' time value is decreased. Thats why. (Humbly, a cable guy)
That's actually super deep, I can't even find a problem with your logic
Exactly. I would certainly add, that the automation does not keep jobs. It replaces them. Automation rarely happens at once in every work process. Some processes get automated, some not. That gives the false impression that X% of the workforce stays there, and learns to work a new way. They don't. When automation happens the people who could perform the specific automated task are replaced with people who can handle the robots. The one is the engineer the other is the janitor. Janitors are in oversupply. Engineers are in the top quintile in your graph. That is your answer. Given that, the level (the stagnation) of the middle and lower class is the resultant of the workforce's adaptation to this process. I would say if there were no state measures to redistribute wealth, they would be worse of. That is why they can import janitors from all over the world. US workforce at this janitor level is overpriced.
I don't understand your weird way of thinking : automation makes products cheaper so your purchasing power increases as a conumer. For example factory produced trouses or shoes are a lot cheaper than trouses shoes which were ordered from the craftsman so you can buy hundreds of trouses or shoes now for your salary. It means that your salary increased comparing to the value of trouses or shoes.
Your salary increased compared to the value of shoes IF your salary itself remained roughly the same. If the price of shoes was cut in half, and half of you got laid off.. you're right back where you started.
@@BigStupidTech You don't understand that automation is on a larger scale - automated shoes production benefits millions of consumers from the entire country or even abroad but number of laid off workers is smaller - how many workers could work at a shoe factory ? 1 thousnad or 3 thousand.Benefits are considerably larger than harms.
@@darek795 How many workers could work at a shoe factory wouldn't help us answer the question of whether the majority are better off with automation or without automation. If staff and prices are both cut by 50% with automation, there's no difference. If staff is cut by 50% and prices by 25%, we're worse off. We only benefit if prices are cut by 50% and staff by 25%, right? The problem is the owner has no incentive to cut prices below his saved costs. Yes, he always has a motive to keep prices low to stay competitive - but that motive exists before, during and after automation.
@@BigStupidTech ? It's funny but this problem was already disputed 200 or even 300 years ago in the begging of modern economy. But you seem to be compeltly uneducated and unaware of it. Adam Smith in 1776 in book : Wealth of Nations gives famous example of workers making pins. Those problems are already described in classic economic literature. I advise you to read some classic economic books. Look up in Google : Adam Smith's pin manufacturing example. You try to invent the wheel but it was invented long time ago. This problem was noticed long time ago and explained in classic economic literature. There were also people who thought that automation is dangerous and causes unemployment - they were called ludites because they had a leader John Ludd. They even wanted to destroy machines and forbid them.
@@BigStupidTech Its funny but these problems were already discussed 200 or 300 years ago in the beggining of modern economy. You seem to be unaware of it. John Smith already in 1776 in a classic economic book : Wealth of Nations gives famous example of workers making pins and how automation changed it. They were also people who thought that automattion is dangerous and causes unemployment and they were destroying machines, They were called Ludites because their leader was called Ned Ludd. I advise you to go back to classic economic literature instead of trying to reinvent the wheel. Classic economic literature already expalined this problem.
Automation doesn't necessarily reduce pay. H1B visa is a massive issue. Corporations are incentivized to import what amounts to indentured servants to lower the pay for the work that isn't automated. Even that aside what automation does is allow for increased output from the same labor pool couple that with the the H1B visa issue and you have wage stagnation and a decrease in long term earnings, but maybe not a flat out pay reduction.
I think you're right, I haven't seen data that shows real wages of even the bottom 50% actually going down.
Sadly, I think it's true. As an employee however, I know I will get a bump in pay if I automate a task. So, I guess it's a fight or flight situation for me :D
Automate away, brother! I want you getting ahead and I'm convinced the people automating are always better off
I work as a freelance real estate photographer. So I guess "real estate photography" would be my market space. In the past, if I took a drone shot and there was a car in front of a garage door (or a moving "pod")... it would take nearly and hour to clone out that car. Because the little square patterns on most garage doors are quite difficult to recreate...because the photos are almost always taken at an angle and they are not "squares" then in the picture...they are just polygons of different shapes that have to be individually recreated and have their light/shadow proportions fixed. So yeah...up to an hour...per photo..to fix that photos by hand. And I don't get paid extra to do it. And usually there are three front photos of the house. When Adobe came out with their AI "Generative Fill".... I was mind-blown. 80% of the time you just lasso a selection around the car and punch that button (not even adding any words to the prompt) and it get's it bang-on right. Maybe 5 to 10 minutes of tweaks. So the efficiency is through the roof on that for that form of automation. And no...wages are not going doing because real estate photographers have access to that tech. Also... your overall premise is wrong if you look at the macro economy. You acknowledge that the workers who lost their jobs went on to get other jobs...but then move to discount that by saying that the universe of workers had lower wages. But you need to be willing to zoom ALL the way out. And that would mean just looking at average wages overall for the whole economy. Are wages overall going up? Or are they going DOWN? Because for your premise to be true...they would need to continue falling. All the time. And not just "adjusted for inflation they are lower"...we should see wages literally start to go down. But even McDonald's in my area is advertising $15 an hour...when the minimum wage in Michigan is $7.50. So it's going up...not down. If wages are going up...then at the macro level...automation isn't causing wages to go down when everything comes out in the laundry. Furthermore...who cares if wages go down? That itself doesn't exist in a bubble. We just always assume prices will go UP. But in theory...they could go down. So If my wages were to go down 1% per year....but the cost of everything I have to buy was to go down by 2% per year...I would take that deal. So you have to figure that in as well. Does the overall quality of life increases given to us by automation net out any supposed drop in wages? Because if it does.....then falling wages wouldn't be a problem. Except in our mind. Because we psychologically can't really get cozy with the idea of earning LESS and being better off. It's possible in the real world for that to happen...but it's not possible "in our minds".
Let's say every real estate photographer automated their entire process (idk a drone undocks and flies to the address or something). Would any more properties sell? If not, then we'd just see a few photo editors laid off and a bit more revenue for Adobe and DJI. You as a photography business owner would have more free time (which is huge). Most laid-off photo editors will go on to create new forms of wealth, although it's unrealistic to think 100% will, or that they will average higher productivity in their newly created roles (if so, they would leave there photo editing jobs and create that new form of wealth now). Over all, that's a pretty positive picture of automation: More wealth in the world, slightly more disparity and a lot more free time. But that's where it gets dark. The economy needed you because it needed someone to spend an hour cloning/skewing garage door panels. If your job is 100% automated, DJI/Adobe could start a real estate photography service. Because they own the hardware/software, you have no chance of competing with them in a price war.
But because mavhine dont crwate value. The value come from human labour as it is biological living Beings protected by laws, those technologies will decrease in price exponentially in time therefore increae competition and prices of products will go down.
I think a lot about whether it's more accurate to view tech as a tool people use to create wealth, or as creating wealth itself.
@@BigStupidTech under capitalism is just a tool to create wealth.