Ive rarely ever felt any importance or meaning with any job ive had. I just feel like a cog in the machine replaceable and meaningless. The only place i have meaning or happiness is at home with family and hobbies that i love to do.
@@mariannewiebe9461 i do agree that we currently have to work in order to get things like food, shelter, clothing etc. My arguement is that if AI and technology makes it so we dont have to work for those things and that i dont need a job to find purpose and meaning. I find the arguement that we need jobs for meaning and purpose ridiculous
@@OVALetsPlay Keep in mind, wherever you work wouldn't pay you if you weren't providing a service that is helping the company produce more. Expendability doesn't mean you are unimportant, it might just mean there are lots of people doing a job similar to you. Just look at teachers, I think everyone would agree they are very important, but we have so many of them that they are not paid as much.
@@RampagingCoder i understand. Thank you do much for sharing your story. I am sorry youre going through so much. Its so sad aboyt our society hopefully ai and ubi will help
No matter how excellent technology becomes, or the rules put in place, or what choices are made, there's a human who will figure out how to exploit it.
E.C Alexander I know what you Feel but it's hard for us Without a jobs in 2030 But I advise you this If you have many things on your House then you must cell it In online internet shop But if you have no many things In your house then maybe You need to hunt I mean Hunting like we eat But it's easy to say But it's hard to do it Or if you have video games Then maybe You could just play online live Brother if you want to live
The major flaw in the idea of universal basic income is that you assume the people controlling the purse strings are going to be ethical and fair with that system, and not turn off the tap to anyone who does not comply or follow instruction as commanded under a future cashless society. Dangerous times ahead indeed..
Well the counter argument is thats the risk for literally anything lol we set systems and hope people follow it not force them, that's democracy lol it's all about perception. We see the same things but get different results.
@@armandoc.3150 Given what going on it the world today, its safe to say that a universal basic income system would be exploited to the fullest extent. Think about this for a minute... The 21st century version of Hitler, Stalin, Pol Pot, etc now has control of that system. History teaches us many things, but hey.. That's all in the past don't worry about it!
It has to be an unconditional amount for everyone regardless if you are already a millionaire or you are literally starving. This way it can work. I have looked into this and at first I hated the idea but because we are facing a very different world in the near future we have to let go of the old preconceptions and adopt the new because the future is coming whether e like it or not. It can all be payed for just by restructuring the economies and the beauty of this is we can restructure just one economy for one country and see how that goes. I would take less money and enjoy more time for my family than working 12 hr shifts and having more money that just gets taken back through taxes anyway. Then I could work when I wanted to for more money or do voluntary work clearing fields, forests and parks of litter ect...If my basic income payed my bills and food I would be almost stress free because noone can take it away from me. It has to be unconditional or we are back to square one with screening and means testing which is unfair and costs billions every yr to have people doling out who gets what and why and who gets what because their circumstances have changed. Its a mess today how it is run but with a single weekly or monthly payment it would save billions and there would be plenty of people still willing to work and clean up our environment beautifully. People would actually gain power not loose it. Today we are chained to our jobs and terrified of loosing them which cause conformity. Without this ball and chain people would be hugely empowered because nobody can take the basic income away if it is unconditional just as unemployment benefit used to be in my country. Now if you are even late for an appointment or you can't make it somewhere because the roads were blocked off then you can be sanctioned for up to 3 yrs from ANY money from the government which means you will die from exposure before you are 40 yrs old in my country England. Our system is barbaric yet if you are an alcoholic or drug user you get extra help depending on the severity of your condition. The system we have is designed so you can never be sure what you will get regarding support and help. You can work for 30 yrs and then wind up on the streets and have to sleep out in the ice and snow and the police arrest people if they won't go to a shelter because they have been abused and beaten before just from being there.
@@pennyo6868 Google earth images are very outdated. They are only made by planes, blimps, and cars. Just get your own land and become self sufficient. Don't worry about government. I fight them in court all the time.
The word job implies you want to work for someone else who is getting things done. It you’re not interested in doing anything, why not apply for welfare. In the future as technology progresses, there will be plenty of people interested in doing nothing and the money will be there.
breathingsunshine, you’re right. Nothing is gotten without effort. I was assuming that most people would want to better themselves, like it is today. If everyone wanted to be on welfare, the system would collapse.
There will be jobs a long while, yet we won't have to work to meet our basic needs; then we can work on what we actually like doing or see as most important whether that is profitable or not. Right now, millions of investors "earn" money without jobs.
@jigga jaw This is not the way the real world works. Disruptive tech is strategic asset - you can't buy a nuke in a gun store. They'll move to save place where they can develop their projects without restrictions, taxes etc.
Likewise. I started work in computer hardware in the late 70's when PC's did not exist and computers were the size of washing machines in dedicated rooms ran by dedicated professionals in large corporations. I then moved to PC motherboard repair in the mid 90's to the year 2001. Another 6 years followed in wafer fabrication at a very low level. I had to branch out into a totally different sector using a skill that my late father called "a waste of time". If you have a mortgage pay it off quickly while you have the job the capacity and the income. Do not leave it on the long finger. Keep a close eye on the labour market outside your immediate employment and workplace. People tend to live in bubbles location and workplace wise. Keep an eye out for work in other sectors as a plan B. This won't be easy.
@@jgdooley2003 Hey, I just turned 30 and what you said was VITAL! It’s 2:02am and I’m up searching for how I can be 5yrs ahead of the curve before 2026. I’m in business marketing right now, but I GREATLY understand that all of these (Machines taking over the future/automation) movies are not just movies, and I have to be prepared!
Most kids are also unemployed, up to 20+ in some cases. Advanced countries have free health care, free education, free roads, free police etc etc. What the future holds is nothing fundamentally new, but an expansion of what we already have and a corresponding reorganization of society. There will definitely be a painful transition for a generation or two of Luddites, like there was after the Industrial Revolution, because few politicians will dare to tackle preparing us.
And it's just not uber drivers. Everyone of us are training AI now, to replace us all later. Alexa, Siri, and every app we use is contributing to the collection of data needed to make us all superfluous to machines. In Japan, they are already employing AI supervisors, and the workers are humans (some augmented for efficiency). So, I do agree with those here that say that Capitalism will go the way of the dodo at some point, but what will replace it is a big Q.
@@herojig Do not be that pessimistic about having our data collected for the sake of AI. Surely it can be a massive threat against humanity but it can also make humanity more developed than ever. If singularity happens, the exponential development of technology will be so fast that we or I must say, AI, at some point will be doing 20,000 years of work that all humanity combined can do in almost one week.
Andrew Yang is the only 2020 Presidential candidate spot the problem and come up with the solution. The rest is just unaware of the biggest transformation of human history. How sad is that?
@@johnharvey4448 The big mistake people make regarding extra planetary settlements etc. is the cost and scale of migration and sustaining such an enterprise would entail. The human race will most likely have settled the deserts and mountains of this earth long before it makes a move to the planets. This is not like settling North America or Siberia or Australia. Much more like oil rigs in the sea or mines in the arctic islands such as Svalbard etc. Such exploration will take insane amounts of money and manpower and research to attain.
Imo, I don't think people are just afraid of machine learning and AI taking their jobs. I think it's more about wether we as a country (and others) are actually PREPARED for AI to take over. In fact, life would be even HARDER for people who have to rely on creativity. Don't get me wrong though creativity is a good thing however, when more people adapt themselves to more things like music, art and entertainment the amount of competition would greatly increase and become harder for people to make a decent living as those things already don't pay a lot depending on wether you're successful or not. Human job variety will eventually squeeze and form a tight pressure in people's choice of work. On top that, our education does not emphasize students to use creativity. Instead students are told what to do and how to do it making them even more susceptible to narrow minded jobs that don't require much critical thinking. So again, the problem isn't whether they're taking our jobs. The problem is wether we're prepared or not.
The thing is, yes maybe automation will create robot that actually makes art, but they can't take it fromp us as it's an unlimited ressource, people make other people win or not when we talk about creativity, if a robot make good art, some people will buy it, but the money will be earned by a human, until we create real android who are our equal, anyway an artist can't take another artist's job, because even if they do the exact same thing, people will be affecting both anyway.
jonyD143 I agree, our education system is desiged to reward conformity and punish creativity. The problem is that the pace at which the jobs are lost to automation, will far outpace the new jobs that are created. Whats more, these new jobs will be require either alot of creativity and skill, or alot of education. I fear that most of the people that have lost their jobs will struggle to adapt. Even if they manage to learn a new skill whilst somehow paying the bills, how can they guarantee that that skill won't be obsolete within a few years due to the rising tide of automation ? essentially making them unemployed again.
T3rraF0rm3r Creativity is free from efficiency and perfection, craftsmanship would become the dominant hobbies because people would like those little imperfections and personal touches, something that machines obsessed with efficiency wouldn't care.
Arts are subjective, competition is not involved. If someone paints a picture that people likes doesn't mean others can't paint another picture that people also like. It's not about better or worse, I like Star Wars but I also like Star Trek, I'm not forced to choose one or the other, I choose both. Everybody being creative won't make a world of competition, it will enrich the human culture,everything will add up not substitute.
They probably wouldn't even make imperfect art anyway, it would be a waste of resources, machines could be used to make art normal humans couldn't ever, not regular art people are too lazy to make.
That sounds dangerous. Whoever controls the income controls people. It might start with paying people more to go to college, but it will end up being used to penalize people who protest an injustice or refuse to get microchipped.
Emperor Ziko income is controlled by democracy, democracy is controlled by people. Unless you want to talk about elites and stuff, but for the most part it works this way- tax cuts act like this, but we don’t see any dictatorship out of this form of government control.
@@mastertoad2 While true in theory, in practice it's not that simple. Money can be used to influence the Democratic process. History shows that absolute power doesn't go well on the common citizen. Concentrating all the purchasing power in government is very close absolute control on the economy. Maby that would effectively end private property?
A point that many people seem to miss when talking about basic income is that it is BASIC. Most proposals factor it at around $1000-1200 per month. It's not like vast numbers of people will forgo all further productive activity and be content (or even able, depending on where one lives) to live on that small amount.
This is exactly what I was thinking, it will not be an alternative to your income but to pay for your bare minimum essentials to live which someone will determine for you.
We are heading toward a future where large amounts of people simply will not be able to get a job because there won't be one for them. Within the next 30 some years it is projected that 1/3 of prime working age(20-54) Americans will not be able to find a job... we need to start planning now or there will be a lot of unnecessary pain and misery that a generation of people will go through.
@@jackt7331 it sounds about alright, google for the MIT report about automation. I think about a third of jobs has to do with logistics so the claim could be plausible.
more like a world where there is no need for humans 🥲 do you really think the one percent is gonna feed us? they are trying to get rid of us. there will be more wars, more deadly viruses and so on. because they don't need us.
Christian. No, actually the rich and power would consider that you don't need anything because there is nothing for you to do. AI and robots can do it all, including repairing themselves. So, in other words, from the perspective of the rich and powerful, there is no reason for your existence.
They will have to agree as it will come in the form of government taxes (automation taxes) which will be used to prop-up government transfer payments or universal basic income. This is one theory I've read about and seems like a promising method.
Either that or face a revolution. Don't forget we outnumber them by a large margin. That is why we are distracted by entertainment just like Ancient Rome did with bread and circus.
I'm disappointed at the lack of profundity in the argument. It's really just the idea that people be given a universal income in order to spend it to support the economy, and that the level of income be dependent on achieving certain milestones. There is no exploration of the pros and cons, or the systems and safeguards likely required. Not up to the usual TED standard in my opinion.
@@notgiven3114 Hence the idea is nonsense. Income should be tied to value produced. If you give income for nothing then you destroy the economy of value.
@@brooksteer5629 the claims made by @breathingsunshine are fear mongering...you could use to also do your homework. UBI from a VAT doesn't add more currency into circulation, so the currency isn't devalued at all. Someone making $1k/month at work is then making $2k/month with the Freedom Dividend. More people have money to spend, so companies see increased sales and that covers their VAT costs, and maybe let's them raise the wages of laborers, yet most greedy capitalists won't do that...they'll increase wages of the managerial class. People who have rented and sought home ownership can then afford to get a mortgage, so rentals open up and people without anywhere to live can afford to rent. Business-as-usual is heading into economic collapse; UBI is a real solution to the problem of increasing wage and wealth disparity, as increased inequality slows the growth of GDP because people with lower incomes will spend a larger portion thereof, and vice versa.
breathingsunshine goods and services and companies are still creating wealth. The machines are doing most of the work. So there is still supply and demand if we choose to kept the monetary system.
A massive paradigm shift. Does the end of labor means an end to income and purchasing power? Without work, imagine the plethora of things people can learn and do , in their abundant free time. I should be born after year 2100. I hate my job.
"Does the end of labor means an end to income and purchasing power?" No. Some variation of basic income will be necessary, like advanced countries have now in the shape of free health care, free education etc etc. Don't forget that goods & services which can be automated will become very very cheap, so we won't need today's level of income for a comfortable life.
Abel Soo I agree with you. I feel overworked, but not mentally stimulated. There’s so much I want to learn, but i don’t have the time or energy to do so, because of school. Children work to prepare for work, and our only wage is an adult’s opinion of our effort in one damn letter. It’s stupid. What happens when the systems that we grew up following collapse when something new, something radical is on the horizon? Frankly, I’m excited for what AI has in store for humanity. I’ve got a few ideas about why the development of AI may not be so bad for us, if y’all wanna hear them. But.. Whatever it is that will happen to us, you can bet that we’ve had it coming for a long time. I don’t care much for this world and the horrible people in it. I’m just excited to finally die and go live with Jesus Christ in a place of eternal happiness, where there won’t be any more pain or corruptness.
Adam Smith. Future is now - Way of the Future. Guessing you are aware that former Google engineer, Anthony Levandowski, designer of building the Google's self-driving car -- has set up a non-profit religious corporation called *Way of the Future.* AI will not only have intelligence superior to humans but will have human qualities of compassion and modesty too
The fear of loss of work due to automatisation is the most irrational fear that can ever exist, being based on a giant error in reasoning that inaxplicably almost everyone seems to miss: Humans never needed work. Humans need services and products. And since for centuries human work has been necessary to provide them, society was based on a need to work. The entire base of the concept to replace human work by machine work is the relief of human work. Hopefully soon people will see where it leads us to maintain a system that forces people into work when there is not nearly enough work that needs to be done to begin with.
Yomiel50 Humanity should be working towards working less... sadly most people see work as something that everyone has to do to contribute to society and talk trash about those who do not work, without actually putting proper thought in it.
As Buckminster Fuller said, “We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.”
The problem is once the need for those services are met by the technology, those who own the robots can dispose of those who become completely worthless for them. See how Amazon treats its workers already.
That's the point though. It's gonna happen. That's why a basic income could be a place to start. Jobs that pay a lot will become a privilege for the extremely competent and educated. The average joe will no longer be able to find a job because there won't be nearly enough jobs. AI could even do things like legal work, making lawyers obsolete. Even brain surgeons could become redundant; It's madness
@@andres.e. Actually, it looks like Marx's criticisms of Capitalism have been pretty much bang on. So I'd say he got it right. Not bad for a guy who's been dead for 150 years.
When money is removed from the equation, all the things we classify as problems like cancer, debt, stress at work, harmful addictions, crime, diabetes, obesity, pollution, alzheimers, etc, all evaporate and the human condition flourishes like we can't imagine. You see, the idea in our minds that money is required to live is the problem. Everything else are just symptoms of that problem. If you think about it, money and everything associated with it is an extremely resource and time intensive layer on top that contributes nothing. What we call money isn't used in any way, shape or form, to create any of the things we eat, drink, and use: only natural resources and human effort and ingenuity are needed for the houses, apples, water, cell phones, airplanes, and on and on that we use. Possessing the gift of life as a human being is the best there is, so we are therefore the ultimate resource, and what we call money is how the very smart diabolic people harness that resource. Its really that simple.
The only difference between modern low wage employees and slaves is that their owners don't have to give a crap whether or not they die anymore. That's the real reason slavery ended, because you could get the same thing for a cheaper price, with the modern economy. The chains went from around your neck to being inside your mind. Our society still has a lot of evolving to do.
Your statement is true, but the use of the word "evolution" in your statement has nothing to do with my point. If you'd like a synonym for clarification, feel free to use the word "improvement."
Horses weren't needed to consume the produced work. If there are more ways people can spend their money, there will be ways companies trying to create ways to get people to work so they can spend their money on their products.
An awfully funny yet deadly serious line from one of my favorite movies, Cloverfield, Hud says, "Okay, just to be clear here, our options are: die here, die in the tunnels, or die in the streets. That pretty much it?"
4:58 He was not even expecting artificial intelligence that can communicate like human beings. He referred to that as science fiction. This talk was done 7 years ago. Well, now we're here. And it is now a science fact.
I really like the idea of supplementing UBI based on achievement, like graduating high school or regularly seeing a therapist or personal trainer. The biggest issue is probably enforcement/fraud, but honestly in the direction technology is going, that kind of tracking will be more common even if it's optional. The concept makes life more like a video game, racking up achievements that grow your score over time. People are incentivized to work harder and achieve sooner rather than later, so they can experience each incremental benefit for a longer period of time.
Mangus Beats China has been doing this for years. There human value is placed SOLELY on there credit score! They are prevented from the internet, cars, access to travel, entering certain areas of land or stores. It’s so sad. They have to scan there phones for payment everywhere and they are tracked when exiting there homes by having either there facial features or retinas are scanned. It’s the worst form of communism ever.
That's a horrible idea if it means u don't get ubi for not doing that stuff. If u do that kind of "achievement" stuff, that should reward you with extra ubi on top of your normal ubi amount. So if u normally get 500$ a week from ubi, showing proof of education or progression in something would give u maybe an additional 100-200$ more a week
Which is why we can't have nice things in our current society. Cus everything is all or nothing when it should be ubi for everyone and you can work to make extra on top of the ubi. We'll always have poor and homeless people until this changes
The government needs to heavily tax companies who replace people with machines or outsource workers. Foreign countries don't steal jobs from the US, they take what is offered to them by US companies.
I can imagine this like building it into jobs at the highest level. The more companies automate the more of the profit they need to add to the common bucket that goes towards the basic income. They either automate and contribute or not automate and pick up job seekers from the market. If this is not regulated at the highest level, corporations just automate and fire everyone without creating jobs, because honestly I've not seen any company that would do otherwise.
Add incentives to a UBI for graduating high school? First, that shows a lack of understanding for just why UBI is supposed to work. Incentives make it no long universal. Second, why would we want to prop up a failing education system? Remake that system into something that works in the modern age instead.
What Martin Ford said in his TED Talk doesn't conflict with that idea of reform in the education system at all. They most probably must obviously go together. He said he proposes a slightly modified form of UBI, where apparently everyone gets paid but some extra payment is granted on top of that to incentivize some behaviors. I'm particularly ok with that if everyone's inconditional stipend already sufficiently covers the basics for living minimaly decently.
I know right? The whole point of basic income is so you won't get stuck in a failing system like the education system and find something better to do with your time
Offering money with strings attached is what we've been trying forever, and it’s demonstrably failed. The whole point of basic income is that there are ZERO strings attached. Any half measures on this and all those people writing the idea off as communism will have been correct. UBI doesn’t even need to incentivize using the education system. Freedom from the pressure of low wage jobs will already do that, as people will find themselves with more free time to learn and more ability to save up. One of the major findings in trials has been that graduation rates naturally improved on their own, because teens weren’t dropping out to go flip burgers. With that said, the education system's failure to keep up with a changing economy speaks more about teaching methods than about funding. It also speaks to the overall decline in compensation while productivity skyrockets. Students looking to get into the few fields that are still booming need internships, not standardized tests and lectures. Employers don’t care about test grades. They look for driven individuals pursuing innovative ideas with the technical and soft skills to back that up, of which can rarely be gotten from a classroom.
Really VR will be the best way forward with schooling. Distance and safety would no longer be an issue. Classes would be separated by the learning styles , (visual, auditory, reading) and levels would be individualized. Class progress should never hold a student back. People will learn better when they can relive and interact with history and science. Math can be taught in a variety of ways until it becomes comprehensive and practical. And while that is very important, I don't agree either, with pushing students to finish. It should simply be obligatory as it is now. As an adult one should have the freedom to choose their path in life. They can also resume schooling at any time. If one chooses to work, they can then be paid for their work.
He didn't say that people who refuse to finish school won't receive a UBI, he said that people who finish school will receive a higher UBI. Incentivizing people to do more and better with their lives is not a 'failed system' - it's literally based on mother nature/human nature/evolution/survival of the fittest/reality.
I agree with his approach on advanced technology but the income is still a flawed system. It still creates conflict. WE DON'T NEEEEED MONEY!!!! We use volunteer work. So many people will be bored, anxious to learn and build... Volunteer. No more inequality. That's the first problem we face as it is.
People also don't need money or threat of homelessness and starvation to work. They work to achieve approval of others. Think of all these people try-Harding in games like World of Warcraft or league of legends all day. That seems like work to me and much harder and stressful than my actual work. Pretty sure nobody is paying them to that...
@SENILE MEESEEKS what's the percentage of people who go to competitions? Less than 1%? I raided pretty hardcore with a couple different guilds in EverQuest 2 for a few years of my life; focusing on nothing else; I paid $15 every months for a couple years to do that.
of course a very few people will work even if they don't have to. most people WILL STOP WORKING and many will resort to self destruction and nihilism . as proof i offer you 4rth generation welfare rats of chicago. everything is provided without any expectations in return , and what do you see? single mothers with addictions and kids in jail!
I'll start a company that changes light bulbs, (Light Bulb Changing Company) and many other companies like, Leaf Polishing Company, Gold and Precious Metal Removal Company, Walking Aimlessly Through Cities Company, and maybe even a Staring At Robots With A.I. Company, Coconut Husk Removal Company, etc, etc.
I'm 25 with a full time job, I felt this fear for the first time this morning while at work thinking how easily a robot could already do about 75% of what I do in the day.
Doubt it your 25 years old what job do you habe that a machine has to do it for you? like your not far enough to life to have a full time job where machines can replace you unless you work in a factory other wise based on your stupid username your like 12
so in theory you could do the same job with a 1/4 the of the work and still be just as productive. I don't believe that you should be paid less in that scenario but with our systems in place I fear that would be the likely outcome
No, drugs will be decriminalised way before that, like in Portugal. Our drug policies are about the prison industrial complex and control, disproportionately of the poor and black and brown people.
Ahmed Elmasry robot prostitutes? You think people would choose a sexbot over a real person? Wow how did we get here where people think that is ok in this society?
Humans will need to be more qualified. I was a appliance technician, electrician, I’m studying accounting, and doing a related job in book keeping. It takes hard work, but you can learn a different industry. Robots will never take the job of a electrician because of their innovative imagination. Machines always need maintenance and the delicacy and flexibility a technician needs to repair a machine will not be replaced. Then there’s book keeping and accounting. Honestly I don’t think it will ever be fully automated because of human laziness and taxes. Automation could really limit the professional avenues though. Automation will always take jobs, but automation also creates more jobs that need a higher skill level.
Its the death of an economic system. People lived in feudal states 1000 years ago and could never imagine a different model. Were in a time period like that. A period of change that we cant imagine.
It's funny because we ended up in a fuedal system without really realizing it, it just has a different face. Congress is the royal court, the president is King and the Lord's are the wealthiest corporations; granted some of them have term limits, but there are people who stay in Congress for decades. Hopefully some AI that's run by a quantum computer can save us from ourselves, after all if it ends up being evil, at least we'd know if the universe itself was evil (since it would be run by the universe itself), or it's just us.
Universal Basic Income is like if we're in a video game and suddenly the developers add a rule where you automatically get 1000 points every month. This significantly speeds up the beginning part of the game where people need to grind endlessly on menial tasks before they have enough skill and tools to grow their score faster, like by buying rental properties. Despite this new rule, people still do additional work to increase their score, compete with others, and unlock even more opportunities.
I believe that the future we see in Star Trek where there is no money and people simply work on improving humanity and such is possible. However, if that's to be, there's going to be a nasty and ugly period between what we have now and that future. There's going to be conflict. There's going to be many deaths. If 50% of the workforce lose their jobs and go on some kind of universal basic income, do you honestly believe that the other 50% that's working will want to pay for that income? I wouldn't bet on that. At some point we're going to have to eliminate greed from the human heart. And good luck with that. There's always going to be that guy down the street, or that guy in the next state, or that guy in that other country that wants to have more than you simply to say he has more than you. Until we get rid of that, we're always going to be screwed.
Zero Tolerance What do you mean? You think those who work will pay for those who'll have UI? Not at all. Where do u think wars are founded from? From our money? From those few cents they throw at the 9 to 5-ers? Of course not. Trillions are spent. We can't comprehend. 7 countries were distroyed in 5 yrs, plus the rest beforehand... If humanity can pay for that, we can certainly provide UI for the entire world. I believe we could manage from the third of that amount once we establish Source - based Economy. Look up Venus Project. Mr Fresco worked this out beautifully already.. xx..
Gary Krug Yeah, definitely. I had the privilege to e-mail Mr Fresco. Now, that I read the original commenter's words again, I see I might have misunderstood him. I thought he meant that the one's who'll work, won't want to pay for those who'll have UI. He might have meant that they won't want to work for their own income.. My bad. X
I agree that a UBI is the right idea. As for how people can achieve more or find relevance, I think that should be entirely the problem of the individual. The message should be: "Don't worry about failing, because you can only fall so far. Instead, worry that you're not taking enough chances."
Have you got an apprenticeship in Electrical trade work and a licence for your region at hand? Unless you are young and have an electrical contractor willing to hire you this is a closed shop. Electrical work is a very good field to get into but you need to start young, be good at heights and confined spaces, be physically fit and willing to handle complex, ever-changing systems. Also you need to be better than average at maths. In many countries large state owned utilities or heavily regulated public utilities run the charging networks and insist on the best qualified and officially licenced people to maintain them. Hence there is always a waiting list for repairs to these chargers.
Andrew Yang is the only 2020 Presidential candidate spot the problem and come up with the solution. The rest is just unaware of the biggest transformation of human history. How sad is that?
That's why I am learning programming and trying to learn machine learning programming because it will take a lot of time for machines to program themselves.
The only thing that would astonish me in the future is not driverless cars it's skyhooks space elevators orbital ring systems, ecology spacecraft, Dyson swarms, Fusion engines, faster-than-light travel and warp speed, being a planetary system of hundreds if not thousands of planets, being a K3 civilization
Great talk! I sympathise with all of what you said, I'm definitely in favour of a universal basic income but... As far as I know, those machines that will be replacing people's jobs don't pay taxes, don't contribute to social welfare. So where's the money gonna come from? Quadruple corporate tax or have companies pay social contributions per machine + corporate tax? 🤔
Restructuring the economy is a solution. The purpose of collecting tax is to build infrastructures where they will employ human capital. If machines come into the mainstream, both the tax and human capital will be avoided. Money for building infrastructures and machines will come from the companies held by them. I am not saying humans won't have jobs. New jobs will be created. Who thought there will social media managers at the time when there was no internet.
In the military, everyone gets a basic rate depending on rank. Did not matter what occupation you had. Pay is simply based on rank. However, if you volunteered (and qualified) for special duty, there is what's called "bonus pay".
and then what?? They could outlaw home or farm ownership, like they did in Soviet Union in 1920s, so that the rich were no longer safe. Then what?? Skills is the only thing that have value imo. I own a small 400 acre farm and have a little bit of money on hand, but that in no way makes me feel safe or future proof. The only thing is to go out and keep educating myself with new skills, so that in the future when I am 60 or 70 I might be valuable in case money is worthless.
Imagine that you had a robot or AI that could do your job exactly as well as you do right now. You could chill at home, watching and commenting on RUclips videos all day (or playing sports/games, or slowdancing with your partner), and still make exactly the same income you do now. Now imagine that every other person also had such a robot, and so they all retired, too. All of the work that gets done in the world will still get done, just by robots instead of humans. All of money people earn from their robots is "paid for" by the robots. Now, that's a pretty silly, contrived way to arrive at UBI, but at some point, maybe 20 years away, maybe 50 years away, but INEVITABLY, there will be sufficient automation to produce everything in exactly the same way. We will hit that point where virtually no human labour is worth a wage, but we won't want virtually everyone to starve or be homeless. Capitalism is a solution to scarcity. When automation eliminates scarcity, Capitalism won't have anything left to solve.
I agree completely. The individual robots example is just to show that even if things progress in the "nicest" possible way, we will still inevitably hit a point where virtually no human labour is worth a wage. Most of the robots will actually be specialized and specifically trained copies of a few of the strongest machine learning programs. It is overwhelmingly likely that a few of the largest corporations will own all such software, and be the ones paying for the training. "Major income disparity" is a correct phrase, but not alarming enough, because 90% to 99% of humans will be literally unable to sell their labour to earn an income at all. UBI doesn't seem exactly right, but something similar will necessarily happen in the next few decades, as unemployment climbs relentlessly.
Scarcity won't go away just because manufacturing and services are automated. Resources and availability of products and services will still be finite. We will still be rationing these things but will need a radical new method for deciding how to divvy them up because labor will be redundant and obsolete.
Did you buy yours? If so, what prevents anybody from just buying their own? Why am I going to pay your robot a monthly wage, when I can just buy my own and not pay anything other than the up front purchase price.
But more wealthy people can buy more robots and outperform you and keep you poor so you can’t afford a robot. And why hire your robot when companies can buy their own and keep all the profit?
If we can produce things with less labor, then it follows that those things will cost less. That, by definition is a rise in wages relative to the things we buy with wages.
the machines can work for us. like "slaves". humans benefit. the problem is, the rich will still want to screw us. just because they dont want a equal world. they want to be superior.
I'm in 100% agreement this this person and have been pointing out the potential failure of society to restructure itself safely should automation continue to replace jobs at the current pacing. With the incentives of individuals, wearing the cloak of corporate structures, seeking only to gain profit, automation provides what appears in isolation to be an ideal mechanism to reducing costs and increasing production. However, panning out to a wider picture shows this doesn't scale because the people who are no longer employed by these corporations and who are let go in order to increase the profits of the corporation have exactly the snap-back mechanism explained in the video. They become a population who are either unemployed or underemployed and thus no longer can buy. The market fails because although there is a surplus of goods and services, there is a lack of buyers. At first this will be absorbed by debt companies as those who can't afford a home or car will purchase it through loans, but eventually the inability of people to repay these loans will erode that system and the debt will have to be forgiven. This will likely be the first step toward some form of basic income, albeit one made in hindsight. It's imperative that societies realize that automation is a socially transformative issue. That it's fundamentally incompatible with profit driven economic models because it will remove the majority of the demand side of the market and will require a retooling of capitalist economic systems.
Suppose it becomes much cheaper to produce a good using AI instead of humans: 1. People lose jobs (AI replaces humans). 2. Price of production declines through competition 3. Former workers have lower income but also face lower prices. So what's the net result? Well we have markets like this already: opensource software. The model is usually that for the mass market there's a free version of the software but for special perks, those who can afford it, pay more. Perhaps in the future, we'll have some rationing of consumption goods that everyone gets for free but for a more luxurious lifestyle, you can pay. For instance, the orange juice market uses AI to produce super cheap orange juice. They want to ensure that they have a customer base so they give everyone the right to 1 litre of orange juice per week. Premium customer who pay a small subscription fee can get up to 100 litres of oj. Perhaps 98% of humans will be unemployed and only get 1 litre but some skillful minority who likes orange juice will buy premium and their subscription will fund the entire orange juice market (thanks to low cost AI). This occurs without any government intervention (as it does in software) because companies are profit maximizers
While i agree in parts with you, wouldn't the juice be made by resources (oranges), and then, that resources cost, if only 1% pay for 100 litters, they would to make a math to properly know how much orange juice to give, maybe if everyone likes orange juice, that wouldn't be a problem, people would get 1 liter of juice for week, but, lets say a product with less demand and more expensive resource, let, in your example, it be orange itself, lets say orange have way less demand as we spectate and its more expensive, the percentage of juice that is to be given would be very low and unsatisfactory for the 99%. What i think that, it will open new areas of market based on the technologies of information, in the past people used to have jobs that we wouldn't do now, anyway, they adapted and went for new careers, i think the future will not be so harsh for people from our generation that grew up with computer and know at least a minimum of informational knowledge, i think the problem is about older persons that never learned skills that would be useful for "tomorrow's world", those will suffer with the future, but, by time, the young people will have adaptations for future markets, so i don't see it as an all menacing thing, yet, i can contest my argument based on the idea that AI can even take places from programmers and other technological areas, I'm simple in a state of "let's see how it is going to be", but i'm not sure...
You are living in fantasy land. Big business has been using economies of scale to reduce costs for ever and it never leads to more jobs better pay or better prices. It always leads to bigger pay packets at the top and thats all it ever will do, unless you cap, cap-it-alism. There is no amount where people say "I am earning enough. I dont need any more." No matter how much they get they always want more. As for competition. In this world where companies grow bigger and bigger and competition is almost non existent. Prices are set through lack of competition and do not drop due to it as there is not enough to make that happen.
@breathingsunshine , Communism is structured in such a way that a centralized authority dictates the direction of an economy. often creating special programs very few people need or want at a very high cost, while not providing things people actually need and want. like coffee in east germany for example. the difference with the the freedom dividend is it will put power back into the hands of the people to dictate the direction of the economy and offer greater access to goods and services. people say vote with your dollar, which is also to say if you have no disposable income you have no say. the biggest problem in the case of Venezuela was they had built mountains of public debt hedged against their sole economic resource, oil. the price of oil fell, due to OPEC flooding the market to try to discourage the US from increasing oil production. remember a few years back when gas got really cheap. as a result Venezuela had no way to pay their debts except print more money. thus hyperinflation. the US economy is vastly different. Every year we inject trillions of dollars to the economy through banks by allow to offer more in credit then they have in reserve. its called fractual reserve banking. as a result the value of your dollar gets robbed from you to create new money used by banks to loan to you for interest. this injection of new money doesn't lead to hyper inflation, and ubi isn't even talking about printing money but rather paying every one through a new tax system (I know we all hate taxes). but we are offering people a floor to build on. This doesn't change the fact that corporations are still price sensitive and they still have to compete with one another for every dollar. infact consumer goods for the most part continue to get cheaper because demand can't keep up with production. m.ruclips.net/video/th3KE_H27bs/видео.html&feature=share
@breathingsunshine , do you even understand how modern economies work. are you a monetary theorist. obviously not otherwise you would understand that we already live in a redistributive system and have for many decades. but you would rather pretend like you are smarter than everybody and use you pseudo economics built on popular talking points instead of actual research to tell people why we cant feed the poor. yes we all know money in and of itself has no value. that is not some great epiphany. what we are trying to figure out is how to maximize the real value of the economy to work for more people, in a time when the labor of half of society is valued so little by major corporations that are increasingly automated. If you are not even willing to have a civil conversation about how we can change the system to have more desirable outcome, because you have been too brainwashed by political jargon, that was designed to rob the middle class of its real wealth, to overcome your cognitive dissonance, than it is you are the stupid one.
I find this so ironic and no one talks about basic economics in the value that people should get paid if everything was valued properly for it's True Value people won't have to work so hard no one would be tired and everybody can go home and enjoy their family
I am opposed to basic income, because everywhere it is tried it falls flat on the face. A negative income tax is the better alternative. The negative income tax would still leave enough incentives in place to motivate enough people to be creative and strive for something better.
Good talk, but like a lot of academics they underestimate the power of entrenched cultural and political systems. The problem of these utopian ideals is that they hinge on people being fundamentally fair , have a solid understanding of the world and not being driven by fear. If the state of US political climate teaches us anything it's that modern society doesn't work like that. Power brokers, stoke fears, pit one underserved group (I immigrants) against another (ie. poor rural citizens) all the while re-writing laws to benefit themselves. A dystopian future is likely to occur, maybe something like the movie Elysium , where pockets of elites will live in luxurious splendor while then huddled masses eak out an existince.
agreed, such a change, whether or not one refers to it as a utopian ideal, will be a disruptive change. a change that ultimately will displace both political and corporate power as the work force dynamic will take on a much different form from what we know today. the biggest issue with "power brokers and such" is they are not sustainable. as automation becomes more and more intelligent, replacing higher level workers, there will be a time when the current system will simply break. jobs are a key source of revenue for many consumer industries, without a certain level of reliable income for the core working class, no amount of power brokering will change what is the new economic reality. bartering will return, as there will always be those who want more or different and who are willing to do more or different to fulfill their wants. human drive will not disappear, it is already baked-in. there will no doubt be a period of disruption, as new ideals will come toe-to-toe with an old world order that wants to enslave, and indenture the working class to the benefit of the few...eventually, and it may take many generations to work out, there will be no room for such unsustainable methods of operations...want examples? "rinse and repeat" ...is this something that is necessary? ...or is it have a greater good for the product maker and retailer? for me the answer is easy, i only shampoo and rinse once. if 50 to 60 percent of the consumer population started to adopt a "shampoo and rinse once" policy, what would that do to the product maker and the retail market? ...would it be disruptive? what about toothpaste, same example, how much toothpaste is really required to brush your teeth? ...could a person brush their teeth with confidence while using only a fraction of what is implied by the advertisements? ...that's an easy answer for me, yes. the point is this, any product that is generating the majority of it's income from over-sized quantities and or over-use, are fundamentally not sustainable and begging for failure. there's is an economy known as the "dollar economy", how much value does it really bring to the table? ...who has created this model? ...is it a model based on need or consumption? my point is this, in many ways, we as a society are already living in an economic bubble, a bubble poised for collapse...and it has nothing to do with technology...other than technology has made the manufacture of such products cheaper to such a point that it is only profitable for the manufacturer if they are producing in the millions with each run. add to this the economic bubble that is already here, thanks to fiat currency and a system of central banks that operate without any real fiscal responsibility. monsanto is a great example of "power brokering and political clout", their time has come. their methods as well as their key ingredient are not sustainable and quickly proving to be toxic on many different social and economic levels. it is inevitable that there will be a global shift in economics and financial distribution. unfortunately, many key elements are already in place. a key point of failure, with regard to "power brokering", notice how none of the lost manufacturing jobs have returned to the u.s. power brokering cannot overcome what is irreversible. sustainability will become a greater force than corporate profits. profits that are not sustainable.
Even if what this man says May become true, how long could this possibly be sustained? Wouldn't a portion of the population choose to rebel or escape at any given time for whatever reason? What if someone wants to go back to the old days of self sustaining themselves through their own two hands and a plot of land, would they be allowed?
"What if someone wants to go back to the old days of self sustaining themselves through their own two hands and a plot of land, would they be allowed?" Probably same as today.
Well yes UBI would give everyone the absolute freedom to work or not work. To decide what they would like to do. With the rise of factory-made meat & milk a lot of country land would be freed up as intensive animal farming became less necessary so those who want to live simply on land would be able to. We could return a lot of humans back to the land and people could run 22 Sheep or 30 cows on smallholding croft farms. Also the small artisanal/craft workshop will become more common too.
Several recent politicians in the US have argued similarly. They even proposed ways to more fairly distribute survival resources. Both the powers that be (regardless political party) and average citizens rejected these ideas--like a basic income, stronger workers' rights (like guaranteed sick leave...), more affordable housing... I agree with Ford, but a lot of us just don't care about doing what's in the best interest of the community. A lot of us don't care about who's left behind--so long as it's not us. And we're even willing to do things ultimately hurtful to ourselves if it means some people we don't like or don't agree with remain deprived. Human nature.
Yes them and all corporations that fuel automation over human labor . Essentially products become cheaper to produce bc there is no human labor being paid.
@@naomiluciano2867 cheeper products = deflation (it's a problem) deflation will drive out of business those that don't automate and can't compete with the lower prices = more humans will lose their jobs, etc. etc. it's not that simple
@@fallenangel2123 and the same can be said about inflation with a 15.00 an hour wage all across the country. Forcing a small businesses even in states that jave.lower wages and lower cost of living will cause inflation ... Congrats bc if I own a corner store and have to pay my employees 15 an hour I'm either going to hire people at full time or hire people on part time .meaning part time employees will be working minimum below 25hours a week and alternate shifts through the week, or hire limited number of full time employees and drive work productivity down bc the staff can't meet the demand of customers . Now my milk will have to cost 10.00 in order to pay my staff 15.00 an hour so my business suffers regardless . In the event that truckers get paid per mileage we know that their pay per mileage will reduce during the hand holding faze of self driving truck putting in most of the miles driven. Once the 5g is in full effect the need for human drivers will be reduced . The truck driver will still be needed as a failsafe but now the miles they spend baby sitting a self driving truck will be cut from their wage. That will save the companies relying on the truck transport billions of dollars and it hurts the truckers bottom line.
@@naomiluciano2867 wage inflation is better than consumer price deflation my question was about universal income - where is the money for it going to come from ?
@@fallenangel2123 ruclips.net/video/AwzIp-4QGCE/видео.html Nobody wants to pay 10.00 for a gallon of milk that costs under 4.00 today ... That's no way to live
Efficient distribution through Network Marketing is a potential solution which evenly distributes a shard of the income pie, when the right approach is taken
Essentially this would lead to a society where machines complete the vast majority of jobs however due to the fact that these machines will be intelligent, having mind of their own and possibly emotions; it could be argued that eventually the machine will release that they are slaves for human labour. This will lead to a machine rebellion if by this time the singularity has occurred this could be a crisis of catastrophic proportion.
Only point in this video I’m not totally in for: incentive built into a basic income system. Incentives are best when they are innate, rather than artificially assigned. I’d imagine that a whole new big category of jobs would be for helping others to find their innate incentive in life, their true passions. This way people are self-motivated and more happy. We already see this trend coming for sometime, for example: agile development in software industry, work environment that emphasizes on wellbeing of employees, etc. I believe nurturing innate incentives is much better.
I think that if the concept of UBI is ever implemented, it should not be monetary. Basic human rights must be covered by a UBI, so things like food, housing, heat, water, electricity and internet connections should be covered by said UBI. Any luxury on top of that can then be bought for actual money, which should incentivize people to want to work.
you wouldn't be forced to do anything you don't want to do. yeah, there would be a financial incentive that they could put behind anything but for a normal person like you or me. it literally means that we get free money and the super-rich capital owners foot the bill. they already make tons of money and in the future, they are going to make way more so why can't everyone get a piece of the pie. it's not like the people who were born into a family that owns factories deserves it more than you.
Another Great video of the day! Steve Jobs single handedly, fired 122,000 employee's in order to launch his Apple Computer platform. 1. Example: Jobs purchased the Southwestern Bell, Pay Telephone System. A basic phone call was only .35 cents. In 2019, the average Apple cellphone bill is $160.00 per month. 2. Example: Jobs bought out manufacturing companies, which produced vinal records. The average teenager would spend about $24.00 per year for newly released albums. In 2019, teenager's spend an average of $388.00 dollars per year, for Apple's Streaming Service.
In the future when AI takes over my job as a doctor, I will change profession to clergy man or psychologist. Because there would be significant increase in the number of people with depression and I am certain AI would not be compassionate enough to understand such situations.
Yes! This will happen. It's just a matter of when. He makes the comparison to 200 years ago and the industrial revolution. I have always heard people say that when certain jobs go, new ones replace them. This has been true for a couple of reasons over the past 200 years. Ex. 1 - He talks about the horse. When the automobile was invented it replaced the need for the horse. Not all at once but over time. But, as horse carriage, horse breeder, livery stables, farriers (blacksmiths that shoe horses), saddle and bridle shop jobs went, thousands of automobile factory jobs were created. Ex. 2 - TVs didn't exist in the first half of the century. Home computers didn't exist until the 80s.....well 70s actually, but those were useless. Cell phones didn't exist until the end of the 20th century. So, new products that were not even thought of 50 years before they were invented, created new jobs. However, we now stand at a new crossroads. Where robots and automation can take over for humans and even take any possible new job that will be created. You may say well "who will build the robots?"..... other robots!
What concerns me is that when people stop working and everyone gets UBI, what shall people do instead? I am afraid that no one would be motivated to study, basically everyone would be very lazy and it would than be very hard to find any meaning with life, or am I wrong?
While this would SURELY be a huge problem, likely the biggest problem, it's hardly something that would prevent the system from functioning. Nothing is perfect. Think of the modern spoiled, unemployed teen who does nothing but play video games all day and suck from his parent's teat. Is he depressed and unsatisfied with life? Most likely, but life goes on all the same. Some people will figure it out and some people will struggle. You can't stop automation though, so there's not really an alternative, and overall it'll be a better system than we have now, imo.
Job displacement by technology is already here, there are many people currently unemployed because robots took their job. The problem is so relatively new that a legal solution has not been implemented. The way I see it, by replacing a human with a machine a company is not only able to produce much more profit but also to save on human related expenses such paid holidays, health care, managers and more. we should make it mandatory for companies displacing workers to maintain full salary and health benefits for a period of time equivalent to the time the displaced employee requires to learn/be trained/find a new job, this mandatory expense should not be any issue for the paying company given the new profit/savings margin created by the machine. However, without any legislation to protect the employees we are all at risk, including the company’s after all we are all buyers, but unemployed buyers can’t buy the products the company is offering, we need to adapt our legislation to this new world. My two cents.
Rhygenix Dude, you're stomping on everyone's paranoia by being totally rational and logical. Seems like people love to see nothing but a dystopian future. Odd. 😀
Rhygenix. And by working less hours, you are forced to go on Obamacare... which for an absolute fact - is NOT affordable.... Therefore, the standard of living goes down.
A Change Well health insurance for a lot of people who don't have coverage with their jobs is certainly unaffordable. Why is it that other industrialized nations such as Canada has health benefits for everyone yet in the US they have to buy insurance?
We are already solving the technology challenge. We are pursuing alternative energy (wind and solar) that will limit the technology due to its extreme use of power, with no backup power plan. Robots require batteries and charging. On a stormy day, half of the robots won't do anything when the low battery shuts them down. Computers won't work during grown or blackouts. Kind of weird that technology is creating its own problems.
There is no way the owners of the machines are going to let them be idle because of a lack of power. If it comes to that, there will be larger investments in nuclear energy, and that is going to give them more than enough to work
![ARGENTINA vs. PERÚ [1-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 12](http://i.ytimg.com/vi/xtI25ENDDSY/mqdefault.jpg)
Ive rarely ever felt any importance or meaning with any job ive had. I just feel like a cog in the machine replaceable and meaningless. The only place i have meaning or happiness is at home with family and hobbies that i love to do.
If you want to EAT you will have to work. Farmers won't work for free.
@@mariannewiebe9461 i do agree that we currently have to work in order to get things like food, shelter, clothing etc. My arguement is that if AI and technology makes it so we dont have to work for those things and that i dont need a job to find purpose and meaning. I find the arguement that we need jobs for meaning and purpose ridiculous
@@OVALetsPlay Keep in mind, wherever you work wouldn't pay you if you weren't providing a service that is helping the company produce more. Expendability doesn't mean you are unimportant, it might just mean there are lots of people doing a job similar to you. Just look at teachers, I think everyone would agree they are very important, but we have so many of them that they are not paid as much.
@@lendluke thats a good point Luke. thnak you for tking the time to comment. it adds a positive perspective. i do agree that teahcers are important.
@@RampagingCoder i understand. Thank you do much for sharing your story. I am sorry youre going through so much. Its so sad aboyt our society hopefully ai and ubi will help
No matter how excellent technology becomes, or the rules put in place, or what choices are made, there's a human who will figure out how to exploit it.
True.. Damn smarties!
or a machine...
E.C Alexander I know what you
Feel but it's hard for us
Without a jobs in 2030
But I advise you this
If you have many things on your
House then you must cell it
In online internet shop
But if you have no many things
In your house then maybe
You need to hunt I mean
Hunting like we eat
But it's easy to say
But it's hard to do it
Or if you have video games
Then maybe
You could just play online live
Brother if you want to live
only greedy people
The major flaw in the idea of universal basic income is that you assume the people controlling the purse strings are going to be ethical and fair with that system, and not turn off the tap to anyone who does not comply or follow instruction as commanded under a future cashless society. Dangerous times ahead indeed..
Well the counter argument is thats the risk for literally anything lol we set systems and hope people follow it not force them, that's democracy lol it's all about perception. We see the same things but get different results.
@@armandoc.3150 Given what going on it the world today, its safe to say that a universal basic income system would be exploited to the fullest extent.
Think about this for a minute...
The 21st century version of Hitler, Stalin, Pol Pot, etc now has control of that system.
History teaches us many things, but hey.. That's all in the past don't worry about it!
I cant believe people still believe elite are here to help and be fair to the people 😂😂
It has to be an unconditional amount for everyone regardless if you are already a millionaire or you are literally starving. This way it can work. I have looked into this and at first I hated the idea but because we are facing a very different world in the near future we have to let go of the old preconceptions and adopt the new because the future is coming whether e like it or not. It can all be payed for just by restructuring the economies and the beauty of this is we can restructure just one economy for one country and see how that goes. I would take less money and enjoy more time for my family than working 12 hr shifts and having more money that just gets taken back through taxes anyway. Then I could work when I wanted to for more money or do voluntary work clearing fields, forests and parks of litter ect...If my basic income payed my bills and food I would be almost stress free because noone can take it away from me. It has to be unconditional or we are back to square one with screening and means testing which is unfair and costs billions every yr to have people doling out who gets what and why and who gets what because their circumstances have changed. Its a mess today how it is run but with a single weekly or monthly payment it would save billions and there would be plenty of people still willing to work and clean up our environment beautifully. People would actually gain power not loose it. Today we are chained to our jobs and terrified of loosing them which cause conformity. Without this ball and chain people would be hugely empowered because nobody can take the basic income away if it is unconditional just as unemployment benefit used to be in my country. Now if you are even late for an appointment or you can't make it somewhere because the roads were blocked off then you can be sanctioned for up to 3 yrs from ANY money from the government which means you will die from exposure before you are 40 yrs old in my country England. Our system is barbaric yet if you are an alcoholic or drug user you get extra help depending on the severity of your condition. The system we have is designed so you can never be sure what you will get regarding support and help. You can work for 30 yrs and then wind up on the streets and have to sleep out in the ice and snow and the police arrest people if they won't go to a shelter because they have been abused and beaten before just from being there.
basic income excuse to depopulate the world numans not needed for work
I'm going to be a professional RUclips commenter
With that humor, you are going to be successful. :)
If you want to actually get paid for it, you could consider joining the 50-cent Army to serve the Chinese Communist Party. :)
Zeno of Caledonia they already have bots for that! Otherwise, I think I would like that job!
Zeno of Caledonia
Lei P Clearly you and I need to start a union
So essentially buy a block of farm land and learn to grow your own food and become self sufficient.
Epstein island should have a bargain sale-out price soon enough.
Why not have robots that grow your food for you?
Simon, Even that is not going to be an option thanks to Google earth...can't run and hide.
@@brianfergel2229 if the government doesn't get it all first;))
@@pennyo6868 Google earth images are very outdated. They are only made by planes, blimps, and cars. Just get your own land and become self sufficient. Don't worry about government. I fight them in court all the time.
We need the option of being able to produce many things locally, collective workshops. We need food, shelter, power etc in local hands.
I'm still waiting for him to tell us How we will earn money in the future without jobs?
The word job implies you want to work for someone else who is getting things done. It you’re not interested in doing anything, why not apply for welfare. In the future as technology progresses, there will be plenty of people interested in doing nothing and the money will be there.
breathingsunshine, you’re right. Nothing is gotten without effort. I was assuming that most people would want to better themselves, like it is today. If everyone wanted to be on welfare, the system would collapse.
Still waiting
There will be jobs a long while, yet we won't have to work to meet our basic needs; then we can work on what we actually like doing or see as most important whether that is profitable or not. Right now, millions of investors "earn" money without jobs.
@breathingsunshine ask Alaska how their dividend is causing inflation
I Hope the machines take over congress first!
I want a cyborg President of the United States
There will be no state. Every corporation will have its own army.
@@m9078jk3 have the bionic women be president
tim walsh I don't know if I should laugh or experience a shove up my spine.
@jigga jaw This is not the way the real world works. Disruptive tech is strategic asset - you can't buy a nuke in a gun store. They'll move to save place where they can develop their projects without restrictions, taxes etc.
30 years ago I worked in IT repairing computer motherboards when they were worth $20 k but now you can get a motherboard for $40. OUT of a Job!
Likewise. I started work in computer hardware in the late 70's when PC's did not exist and computers were the size of washing machines in dedicated rooms ran by dedicated professionals in large corporations. I then moved to PC motherboard repair in the mid 90's to the year 2001. Another 6 years followed in wafer fabrication at a very low level.
I had to branch out into a totally different sector using a skill that my late father called "a waste of time". If you have a mortgage pay it off quickly while you have the job the capacity and the income. Do not leave it on the long finger. Keep a close eye on the labour market outside your immediate employment and workplace. People tend to live in bubbles location and workplace wise. Keep an eye out for work in other sectors as a plan B. This won't be easy.
@@jgdooley2003 Hey, I just turned 30 and what you said was VITAL! It’s 2:02am and I’m up searching for how I can be 5yrs ahead of the curve before 2026. I’m in business marketing right now, but I GREATLY understand that all of these (Machines taking over the future/automation) movies are not just movies, and I have to be prepared!
We're already there. I haven't had a job since 2010 and the elderly are almost all already unemployed
Liz bth Exactly, mostly I do charity work
god bless you
Most kids are also unemployed, up to 20+ in some cases.
Advanced countries have free health care, free education, free roads, free police etc etc. What the future holds is nothing fundamentally new, but an expansion of what we already have and a corresponding reorganization of society.
There will definitely be a painful transition for a generation or two of Luddites, like there was after the Industrial Revolution, because few politicians will dare to tackle preparing us.
Wait actually how are you alive
@@rilorobinson7685retired military
same people driving for uber making them billions so they could use that money to build autonomous vehicles to drive those drivers out of wotk.
And it's just not uber drivers. Everyone of us are training AI now, to replace us all later. Alexa, Siri, and every app we use is contributing to the collection of data needed to make us all superfluous to machines. In Japan, they are already employing AI supervisors, and the workers are humans (some augmented for efficiency). So, I do agree with those here that say that Capitalism will go the way of the dodo at some point, but what will replace it is a big Q.
So real!
@@herojig Do not be that pessimistic about having our data collected for the sake of AI. Surely it can be a massive threat against humanity but it can also make humanity more developed than ever. If singularity happens, the exponential development of technology will be so fast that we or I must say, AI, at some point will be doing 20,000 years of work that all humanity combined can do in almost one week.
Not to worry. If they lose their jobs we can give them a Lyft.
You oppened my eyes , lets eat uber drivers first.
Steve Jobs would take those coconuts and create an iCoconut, just like a normal coconut except with better marketing.
Funny but won't work that way.
The iNut
You got it
With everything being free because of surplus why not teach self sustainability, mentorship,metaphysics, extraplanetary exploration
It cost money and time the cost of education just focus on the 9 areas of human behavior then make a profit and businesses then industries
You mean like... rising children the same way they have been for all these years before schools were invented?
How does one do extraplanetary exploration ?
Andrew Yang is the only 2020 Presidential candidate spot the problem and come up with the solution. The rest is just unaware of the biggest transformation of human history. How sad is that?
@@johnharvey4448 The big mistake people make regarding extra planetary settlements etc. is the cost and scale of migration and sustaining such an enterprise would entail. The human race will most likely have settled the deserts and mountains of this earth long before it makes a move to the planets. This is not like settling North America or Siberia or Australia. Much more like oil rigs in the sea or mines in the arctic islands such as Svalbard etc. Such exploration will take insane amounts of money and manpower and research to attain.
Imo, I don't think people are just afraid of machine learning and AI taking their jobs. I think it's more about wether we as a country (and others) are actually PREPARED for AI to take over. In fact, life would be even HARDER for people who have to rely on creativity. Don't get me wrong though creativity is a good thing however, when more people adapt themselves to more things like music, art and entertainment the amount of competition would greatly increase and become harder for people to make a decent living as those things already don't pay a lot depending on wether you're successful or not. Human job variety will eventually squeeze and form a tight pressure in people's choice of work. On top that, our education does not emphasize students to use creativity. Instead students are told what to do and how to do it making them even more susceptible to narrow minded jobs that don't require much critical thinking. So again, the problem isn't whether they're taking our jobs. The problem is wether we're prepared or not.
The thing is, yes maybe automation will create robot that actually makes art, but they can't take it fromp us as it's an unlimited ressource, people make other people win or not when we talk about creativity, if a robot make good art, some people will buy it, but the money will be earned by a human, until we create real android who are our equal, anyway an artist can't take another artist's job, because even if they do the exact same thing, people will be affecting both anyway.
jonyD143 I agree, our education system is desiged to reward conformity and punish creativity. The problem is that the pace at which the jobs are lost to automation, will far outpace the new jobs that are created. Whats more, these new jobs will be require either alot of creativity and skill, or alot of education. I fear that most of the people that have lost their jobs will struggle to adapt. Even if they manage to learn a new skill whilst somehow paying the bills, how can they guarantee that that skill won't be obsolete within a few years due to the rising tide of automation ? essentially making them unemployed again.
T3rraF0rm3r Creativity is free from efficiency and perfection, craftsmanship would become the dominant hobbies because people would like those little imperfections and personal touches, something that machines obsessed with efficiency wouldn't care.
Arts are subjective, competition is not involved. If someone paints a picture that people likes doesn't mean others can't paint another picture that people also like. It's not about better or worse, I like Star Wars but I also like Star Trek, I'm not forced to choose one or the other, I choose both.
Everybody being creative won't make a world of competition, it will enrich the human culture,everything will add up not substitute.
They probably wouldn't even make imperfect art anyway, it would be a waste of resources, machines could be used to make art normal humans couldn't ever, not regular art people are too lazy to make.
That sounds dangerous. Whoever controls the income controls people. It might start with paying people more to go to college, but it will end up being used to penalize people who protest an injustice or refuse to get microchipped.
Exactly like in the worst communist dictatorships.
Emperor Ziko income is controlled by democracy, democracy is controlled by people. Unless you want to talk about elites and stuff, but for the most part it works this way- tax cuts act like this, but we don’t see any dictatorship out of this form of government control.
@@mastertoad2 While true in theory, in practice it's not that simple. Money can be used to influence the Democratic process. History shows that absolute power doesn't go well on the common citizen. Concentrating all the purchasing power in government is very close absolute control on the economy. Maby that would effectively end private property?
@breathingsunshine Beautifully stated.
The corporation of America is following in China's footsteps violating rights ruthlessly
A point that many people seem to miss when talking about basic income is that it is BASIC. Most proposals factor it at around $1000-1200 per month. It's not like vast numbers of people will forgo all further productive activity and be content (or even able, depending on where one lives) to live on that small amount.
This is exactly what I was thinking, it will not be an alternative to your income but to pay for your bare minimum essentials to live which someone will determine for you.
We are heading toward a future where large amounts of people simply will not be able to get a job because there won't be one for them. Within the next 30 some years it is projected that 1/3 of prime working age(20-54) Americans will not be able to find a job... we need to start planning now or there will be a lot of unnecessary pain and misery that a generation of people will go through.
.
invest in your education or live like cattle.
Can you source that (1/3 of prime working age) ?
@@jackt7331 it sounds about alright, google for the MIT report about automation. I think about a third of jobs has to do with logistics so the claim could be plausible.
As it has been since the beginning of civilization. Nothing new here.
A world of volunteers ❤ A world where people do what they love to provide the needs of others
more like a world where there is no need for humans 🥲 do you really think the one percent is gonna feed us? they are trying to get rid of us. there will be more wars, more deadly viruses and so on. because they don't need us.
Really I don't think its safe to assume that the rich and powerful are going to just agree to give the rest of us a basic income for doing nothing
they HAVE to. who will buy their products if people are poor without money?
Christian. No, actually the rich and power would consider that you don't need anything because there is nothing for you to do. AI and robots can do it all, including repairing themselves. So, in other words, from the perspective of the rich and powerful, there is no reason for your existence.
They will have to agree as it will come in the form of government taxes (automation taxes) which will be used to prop-up government transfer payments or universal basic income. This is one theory I've read about and seems like a promising method.
Either that or face a revolution. Don't forget we outnumber them by a large margin. That is why we are distracted by entertainment just like Ancient Rome did with bread and circus.
explosives101 only in the usa. Pathetic....
I'm disappointed at the lack of profundity in the argument. It's really just the idea that people be given a universal income in order to spend it to support the economy, and that the level of income be dependent on achieving certain milestones.
There is no exploration of the pros and cons, or the systems and safeguards likely required.
Not up to the usual TED standard in my opinion.
Agree, there is NO perpetual motion, in physics, finance or societal governing.
There's only so much you can cover in 20 minutes. Your concerns will fuel discussion for a couple of generations.
@@notgiven3114 Hence the idea is nonsense. Income should be tied to value produced. If you give income for nothing then you destroy the economy of value.
Damn, Andrew Yang was right about this.
...and so much more.
@breathingsunshine not at all true...do your homework
So what do you want lmao? For 70 million people to starve to death?
@@brooksteer5629 the claims made by @breathingsunshine are fear mongering...you could use to also do your homework. UBI from a VAT doesn't add more currency into circulation, so the currency isn't devalued at all. Someone making $1k/month at work is then making $2k/month with the Freedom Dividend.
More people have money to spend, so companies see increased sales and that covers their VAT costs, and maybe let's them raise the wages of laborers, yet most greedy capitalists won't do that...they'll increase wages of the managerial class.
People who have rented and sought home ownership can then afford to get a mortgage, so rentals open up and people without anywhere to live can afford to rent.
Business-as-usual is heading into economic collapse; UBI is a real solution to the problem of increasing wage and wealth disparity, as increased inequality slows the growth of GDP because people with lower incomes will spend a larger portion thereof, and vice versa.
breathingsunshine goods and services and companies are still creating wealth. The machines are doing most of the work. So there is still supply and demand if we choose to kept the monetary system.
A massive paradigm shift. Does the end of labor means an end to income and purchasing power? Without work, imagine the plethora of things people can learn and do , in their abundant free time. I should be born after year 2100. I hate my job.
Whats your job? :)
They will learn obey
Sounds better, more free time to do what you want, innovate, play, whatever
"Does the end of labor means an end to income and purchasing power?"
No. Some variation of basic income will be necessary, like advanced countries have now in the shape of free health care, free education etc etc.
Don't forget that goods & services which can be automated will become very very cheap, so we won't need today's level of income for a comfortable life.
Abel Soo I agree with you. I feel overworked, but not mentally stimulated. There’s so much I want to learn, but i don’t have the time or energy to do so, because of school. Children work to prepare for work, and our only wage is an adult’s opinion of our effort in one damn letter. It’s stupid. What happens when the systems that we grew up following collapse when something new, something radical is on the horizon?
Frankly, I’m excited for what AI has in store for humanity. I’ve got a few ideas about why the development of AI may not be so bad for us, if y’all wanna hear them. But.. Whatever it is that will happen to us, you can bet that we’ve had it coming for a long time. I don’t care much for this world and the horrible people in it. I’m just excited to finally die and go live with Jesus Christ in a place of eternal happiness, where there won’t be any more pain or corruptness.
Future is now. We are living in the world obsessed with technology, we shouldn't forget about human qualities as compassion and modesty.
Adam Smith Man U just stole my heart...
Adam Smith, that's a great idea. Why don't you go develop an AI that has empathy?
Future AI will surpass humans in everything.
Adam Smith you’re a rare human being. Thank you.
Adam Smith. Future is now - Way of the Future. Guessing you are aware that former Google engineer, Anthony Levandowski, designer of building the Google's self-driving car -- has set up a non-profit religious corporation called *Way of the Future.* AI will not only have intelligence superior to humans but will have human qualities of compassion and modesty too
his ideas are part of what got us into this mess.
Spot on
@@pacosamo how?
damn right
The fear of loss of work due to automatisation is the most irrational fear that can ever exist, being based on a giant error in reasoning that inaxplicably almost everyone seems to miss: Humans never needed work. Humans need services and products. And since for centuries human work has been necessary to provide them, society was based on a need to work. The entire base of the concept to replace human work by machine work is the relief of human work. Hopefully soon people will see where it leads us to maintain a system that forces people into work when there is not nearly enough work that needs to be done to begin with.
Yomiel50 Humanity should be working towards working less... sadly most people see work as something that everyone has to do to contribute to society and talk trash about those who do not work, without actually putting proper thought in it.
Correct
As Buckminster Fuller said,
“We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.”
The problem is once the need for those services are met by the technology, those who own the robots can dispose of those who become completely worthless for them. See how Amazon treats its workers already.
That's the point though. It's gonna happen. That's why a basic income could be a place to start. Jobs that pay a lot will become a privilege for the extremely competent and educated. The average joe will no longer be able to find a job because there won't be nearly enough jobs. AI could even do things like legal work, making lawyers obsolete. Even brain surgeons could become redundant; It's madness
At some point. Money will have to be taken out of the equation.
Yes!
Money needs us to survive , we do not need money!
Commie detected… Please understand Marx got it wrong! :p
@@andres.e. Actually, it looks like Marx's criticisms of Capitalism have been pretty much bang on. So I'd say he got it right. Not bad for a guy who's been dead for 150 years.
When money is removed from the equation, all the things we classify as problems like cancer, debt, stress at work, harmful addictions, crime, diabetes, obesity, pollution, alzheimers, etc, all evaporate and the human condition flourishes like we can't imagine. You see, the idea in our minds that money is required to live is the problem. Everything else are just symptoms of that problem. If you think about it, money and everything associated with it is an extremely resource and time intensive layer on top that contributes nothing. What we call money isn't used in any way, shape or form, to create any of the things we eat, drink, and use: only natural resources and human effort and ingenuity are needed for the houses, apples, water, cell phones, airplanes, and on and on that we use. Possessing the gift of life as a human being is the best there is, so we are therefore the ultimate resource, and what we call money is how the very smart diabolic people harness that resource. Its really that simple.
Wait a minute.... wages for SOME people have been stagnant since the 1990's!
Is not it more like 60-70's?
This is a rich guy he is blind and those who are on minimum wage basically don't exist to these people
I was earning more when I was 18 in 1998 than what im earning now. But the cost of living has doubled Australia is totally stuffed and ready to split.
I think the whole reason he mentioned it was to draw a parallel between the two. He wanted you to think on it without having to come out and say it
@@kirstylyons6328 Brother, that's fucked up. I feel your pain.
Whenever somebody says to me, "New tech will create new jobs. That's how it's always been." I turn around and say, "Tell that to the horse."
The only difference between modern low wage employees and slaves is that their owners don't have to give a crap whether or not they die anymore. That's the real reason slavery ended, because you could get the same thing for a cheaper price, with the modern economy. The chains went from around your neck to being inside your mind. Our society still has a lot of evolving to do.
Evolution happens because of selection pressure. It has no end goal.
Your statement is true, but the use of the word "evolution" in your statement has nothing to do with my point. If you'd like a synonym for clarification, feel free to use the word "improvement."
Improving society is progressivism, which replaced the horse with the engine. So what is your point?
Horses weren't needed to consume the produced work. If there are more ways people can spend their money, there will be ways companies trying to create ways to get people to work so they can spend their money on their products.
An awfully funny yet deadly serious line from one of my favorite movies, Cloverfield, Hud says, "Okay, just to be clear here, our options are: die here, die in the tunnels, or die in the streets. That pretty much it?"
4:58 He was not even expecting artificial intelligence that can communicate like human beings. He referred to that as science fiction. This talk was done 7 years ago. Well, now we're here. And it is now a science fact.
I really like the idea of supplementing UBI based on achievement, like graduating high school or regularly seeing a therapist or personal trainer. The biggest issue is probably enforcement/fraud, but honestly in the direction technology is going, that kind of tracking will be more common even if it's optional. The concept makes life more like a video game, racking up achievements that grow your score over time. People are incentivized to work harder and achieve sooner rather than later, so they can experience each incremental benefit for a longer period of time.
Mangus Beats China has been doing this for years. There human value is placed SOLELY on there credit score! They are prevented from the internet, cars, access to travel, entering certain areas of land or stores. It’s so sad. They have to scan there phones for payment everywhere and they are tracked when exiting there homes by having either there facial features or retinas are scanned. It’s the worst form of communism ever.
That's a horrible idea if it means u don't get ubi for not doing that stuff. If u do that kind of "achievement" stuff, that should reward you with extra ubi on top of your normal ubi amount. So if u normally get 500$ a week from ubi, showing proof of education or progression in something would give u maybe an additional 100-200$ more a week
Which is why we can't have nice things in our current society. Cus everything is all or nothing when it should be ubi for everyone and you can work to make extra on top of the ubi. We'll always have poor and homeless people until this changes
Damn you explained that well..I’m screen shotting this 😂
@@vittaveve1939 this is my main channel btw
euro truck simulator will become a sci-fi game
or a hgame about history
Ha!
The government needs to heavily tax companies who replace people with machines or outsource workers. Foreign countries don't steal jobs from the US, they take what is offered to them by US companies.
Globalization is not suitable anymore
@@bleachthesharingan53 it is. Just not centralized globalization like we had with China for 30 years.
I can imagine this like building it into jobs at the highest level. The more companies automate the more of the profit they need to add to the common bucket that goes towards the basic income. They either automate and contribute or not automate and pick up job seekers from the market. If this is not regulated at the highest level, corporations just automate and fire everyone without creating jobs, because honestly I've not seen any company that would do otherwise.
Add incentives to a UBI for graduating high school? First, that shows a lack of understanding for just why UBI is supposed to work. Incentives make it no long universal. Second, why would we want to prop up a failing education system? Remake that system into something that works in the modern age instead.
What Martin Ford said in his TED Talk doesn't conflict with that idea of reform in the education system at all.
They most probably must obviously go together.
He said he proposes a slightly modified form of UBI, where apparently everyone gets paid but some extra payment is granted on top of that to incentivize some behaviors. I'm particularly ok with that if everyone's inconditional stipend already sufficiently covers the basics for living minimaly decently.
I know right? The whole point of basic income is so you won't get stuck in a failing system like the education system and find something better to do with your time
Offering money with strings attached is what we've been trying forever, and it’s demonstrably failed. The whole point of basic income is that there are ZERO strings attached. Any half measures on this and all those people writing the idea off as communism will have been correct.
UBI doesn’t even need to incentivize using the education system. Freedom from the pressure of low wage jobs will already do that, as people will find themselves with more free time to learn and more ability to save up. One of the major findings in trials has been that graduation rates naturally improved on their own, because teens weren’t dropping out to go flip burgers.
With that said, the education system's failure to keep up with a changing economy speaks more about teaching methods than about funding. It also speaks to the overall decline in compensation while productivity skyrockets. Students looking to get into the few fields that are still booming need internships, not standardized tests and lectures. Employers don’t care about test grades. They look for driven individuals pursuing innovative ideas with the technical and soft skills to back that up, of which can rarely be gotten from a classroom.
Really VR will be the best way forward with schooling. Distance and safety would no longer be an issue. Classes would be separated by the learning styles , (visual, auditory, reading) and levels would be individualized. Class progress should never hold a student back.
People will learn better when they can relive and interact with history and science. Math can be taught in a variety of ways until it becomes comprehensive and practical.
And while that is very important, I don't agree either, with pushing students to finish. It should simply be obligatory as it is now. As an adult one should have the freedom to choose their path in life. They can also resume schooling at any time. If one chooses to work, they can then be paid for their work.
He didn't say that people who refuse to finish school won't receive a UBI, he said that people who finish school will receive a higher UBI. Incentivizing people to do more and better with their lives is not a 'failed system' - it's literally based on mother nature/human nature/evolution/survival of the fittest/reality.
I agree with his approach on advanced technology but the income is still a flawed system. It still creates conflict. WE DON'T NEEEEED MONEY!!!! We use volunteer work. So many people will be bored, anxious to learn and build... Volunteer. No more inequality. That's the first problem we face as it is.
People also don't need money or threat of homelessness and starvation to work. They work to achieve approval of others. Think of all these people try-Harding in games like World of Warcraft or league of legends all day. That seems like work to me and much harder and stressful than my actual work. Pretty sure nobody is paying them to that...
@SENILE MEESEEKS what's the percentage of people who go to competitions? Less than 1%? I raided pretty hardcore with a couple different guilds in EverQuest 2 for a few years of my life; focusing on nothing else; I paid $15 every months for a couple years to do that.
@SENILE MEESEEKS Haha yeah; well hey, 2020 would be the perfect year to debut it being in Tokyo lol.
of course a very few people will work even if they don't have to. most people WILL STOP WORKING and many will resort to self destruction and nihilism .
as proof i offer you 4rth generation welfare rats of chicago. everything is provided without any expectations in return , and what do you see? single mothers with addictions and kids in jail!
Decrease population then start planning XD
that's a good point.
Who is we? And even if all had an university degree, it stays 20% exploiting 80%.
I'll start a company that changes light bulbs, (Light Bulb Changing Company) and many other companies like, Leaf Polishing Company, Gold and Precious Metal Removal Company, Walking Aimlessly Through Cities Company, and maybe even a Staring At Robots With A.I. Company, Coconut Husk Removal Company, etc, etc.
What about becoming a HACKER.
I'm 25 with a full time job, I felt this fear for the first time this morning while at work thinking how easily a robot could already do about 75% of what I do in the day.
Doubt it your 25 years old what job do you habe that a machine has to do it for you? like your not far enough to life to have a full time job where machines can replace you unless you work in a factory other wise based on your stupid username your like 12
What do you do?
so in theory you could do the same job with a 1/4 the of the work and still be just as productive. I don't believe that you should be paid less in that scenario but with our systems in place I fear that would be the likely outcome
Prostitution, gambling and drug-selling jobs will be safe...
wrong !! .. robots are great competitors to prostitutes, gamblers and drug sellers. These people will lose their income before lots of other people
No, drugs will be decriminalised way before that, like in Portugal. Our drug policies are about the prison industrial complex and control, disproportionately of the poor and black and brown people.
robots and viftual reality...integration of these two...will put lot of prostitutes out of work
There are sexbots already
Ahmed Elmasry robot prostitutes? You think people would choose a sexbot over a real person? Wow how did we get here where people think that is ok in this society?
Humans will need to be more qualified. I was a appliance technician, electrician, I’m studying accounting, and doing a related job in book keeping. It takes hard work, but you can learn a different industry. Robots will never take the job of a electrician because of their innovative imagination. Machines always need maintenance and the delicacy and flexibility a technician needs to repair a machine will not be replaced. Then there’s book keeping and accounting. Honestly I don’t think it will ever be fully automated because of human laziness and taxes. Automation could really limit the professional avenues though.
Automation will always take jobs, but automation also creates more jobs that need a higher skill level.
Its the death of an economic system. People lived in feudal states 1000 years ago and could never imagine a different model. Were in a time period like that. A period of change that we cant imagine.
It's funny because we ended up in a fuedal system without really realizing it, it just has a different face. Congress is the royal court, the president is King and the Lord's are the wealthiest corporations; granted some of them have term limits, but there are people who stay in Congress for decades.
Hopefully some AI that's run by a quantum computer can save us from ourselves, after all if it ends up being evil, at least we'd know if the universe itself was evil (since it would be run by the universe itself), or it's just us.
EdgeofDavid
I totally agree, trying to predict the future, (Apart from Death & Taxes) is fraught with danger!
Universal Basic Income is like if we're in a video game and suddenly the developers add a rule where you automatically get 1000 points every month. This significantly speeds up the beginning part of the game where people need to grind endlessly on menial tasks before they have enough skill and tools to grow their score faster, like by buying rental properties. Despite this new rule, people still do additional work to increase their score, compete with others, and unlock even more opportunities.
Yes yes , this is brilliant. We still have to do more work to get more 'points'.
great analogy
Sims
Black Mirror Season 1 Episode 2 “Million Merits”
Work = mental, physical, emotional, spiritual effort.
right
I believe that the future we see in Star Trek where there is no money and people simply work on improving humanity and such is possible. However, if that's to be, there's going to be a nasty and ugly period between what we have now and that future. There's going to be conflict. There's going to be many deaths. If 50% of the workforce lose their jobs and go on some kind of universal basic income, do you honestly believe that the other 50% that's working will want to pay for that income? I wouldn't bet on that.
At some point we're going to have to eliminate greed from the human heart. And good luck with that. There's always going to be that guy down the street, or that guy in the next state, or that guy in that other country that wants to have more than you simply to say he has more than you. Until we get rid of that, we're always going to be screwed.
stop blaming the world free energy
Why not just say communism?
Zero Tolerance What do you mean? You think those who work will pay for those who'll have UI? Not at all. Where do u think wars are founded from? From our money? From those few cents they throw at the 9 to 5-ers? Of course not. Trillions are spent. We can't comprehend. 7 countries were distroyed in 5 yrs, plus the rest beforehand... If humanity can pay for that, we can certainly provide UI for the entire world. I believe we could manage from the third of that amount once we establish Source - based Economy. Look up Venus Project. Mr Fresco worked this out beautifully already.. xx..
Gary Krug Yeah, definitely. I had the privilege to e-mail Mr Fresco. Now, that I read the original commenter's words again, I see I might have misunderstood him. I thought he meant that the one's who'll work, won't want to pay for those who'll have UI. He might have meant that they won't want to work for their own income.. My bad. X
I agree that a UBI is the right idea. As for how people can achieve more or find relevance, I think that should be entirely the problem of the individual. The message should be: "Don't worry about failing, because you can only fall so far. Instead, worry that you're not taking enough chances."
That's beautiful
New job: Electric charging repair tech. These fast charging stations are always broken. Someone has to fix them and maintain them.
You are still essentially building the system that will replace you and your children
Have you got an apprenticeship in Electrical trade work and a licence for your region at hand? Unless you are young and have an electrical contractor willing to hire you this is a closed shop. Electrical work is a very good field to get into but you need to start young, be good at heights and confined spaces, be physically fit and willing to handle complex, ever-changing systems. Also you need to be better than average at maths. In many countries large state owned utilities or heavily regulated public utilities run the charging networks and insist on the best qualified and officially licenced people to maintain them. Hence there is always a waiting list for repairs to these chargers.
*I think this a very interesting way to implement basic income assuming that the day comes where what he explained actually occurs* 💪
Andrew Yang is the only 2020 Presidential candidate spot the problem and come up with the solution. The rest is just unaware of the biggest transformation of human history. How sad is that?
Anyone else thought about *Humans Need not Apply* by *CGP Grey* when he talked about the horses.
Yeah he copied most of his points, in order as well.
No but I am intriguified enough to go find that, thank you.
Also "The End of Work" by Jeremy Rifkin is a very good book on this copyrighted in 1995.
Human is to AI, as horse was to Internal Combustion Engine. Buh-bye
That's why I am learning programming and trying to learn machine learning programming because it will take a lot of time for machines to program themselves.
Did you learn it?
haha, yep, have you heard about chat gpt? this piece of sh is already writing code. image what it will be doing in a couple of years.
The only thing that would astonish me in the future is not driverless cars it's skyhooks space elevators orbital ring systems, ecology spacecraft, Dyson swarms, Fusion engines, faster-than-light travel and warp speed, being a planetary system of hundreds if not thousands of planets, being a K3 civilization
For that you need to leave earth, and that not gone to hapen,he he he,you just have to die like rest of us he he he
Hey, don't get too optimistic. It's impossible to break the laws of nature, and that's not a matter of being advanced enough.
Skyhooks ?
Great talk! I sympathise with all of what you said, I'm definitely in favour of a universal basic income but... As far as I know, those machines that will be replacing people's jobs don't pay taxes, don't contribute to social welfare. So where's the money gonna come from? Quadruple corporate tax or have companies pay social contributions per machine + corporate tax? 🤔
Restructuring the economy is a solution. The purpose of collecting tax is to build infrastructures where they will employ human capital. If machines come into the mainstream, both the tax and human capital will be avoided. Money for building infrastructures and machines will come from the companies held by them. I am not saying humans won't have jobs. New jobs will be created. Who thought there will social media managers at the time when there was no internet.
In the military, everyone gets a basic rate depending on rank. Did not matter what occupation you had. Pay is simply based on rank. However, if you volunteered (and qualified) for special duty, there is what's called "bonus pay".
So, I have to get rich within 5 years. This will probably take affect in 2030 onward.
and then what?? They could outlaw home or farm ownership, like they did in Soviet Union in 1920s, so that the rich were no longer safe. Then what?? Skills is the only thing that have value imo. I own a small 400 acre farm and have a little bit of money on hand, but that in no way makes me feel safe or future proof. The only thing is to go out and keep educating myself with new skills, so that in the future when I am 60 or 70 I might be valuable in case money is worthless.
“Live on 1/3, Save 1/3 ... and just Blow the rest.”
- Suzuki Roshi, Zen Master
Quicker than you know my friend
I think that is fair.
Vote Andrew Yang 2020
I couldn't find the right job for me, so I made my own higher paying job. I don't want a handout.
Interesting. What did you do for that..?
He became a doctor I trust
At the very beginning of civilization, the first question was, "Who will suffer the toil?" . And it is still enduring...
Imagine that you had a robot or AI that could do your job exactly as well as you do right now. You could chill at home, watching and commenting on RUclips videos all day (or playing sports/games, or slowdancing with your partner), and still make exactly the same income you do now.
Now imagine that every other person also had such a robot, and so they all retired, too. All of the work that gets done in the world will still get done, just by robots instead of humans. All of money people earn from their robots is "paid for" by the robots.
Now, that's a pretty silly, contrived way to arrive at UBI, but at some point, maybe 20 years away, maybe 50 years away, but INEVITABLY, there will be sufficient automation to produce everything in exactly the same way. We will hit that point where virtually no human labour is worth a wage, but we won't want virtually everyone to starve or be homeless.
Capitalism is a solution to scarcity. When automation eliminates scarcity, Capitalism won't have anything left to solve.
I agree completely. The individual robots example is just to show that even if things progress in the "nicest" possible way, we will still inevitably hit a point where virtually no human labour is worth a wage.
Most of the robots will actually be specialized and specifically trained copies of a few of the strongest machine learning programs. It is overwhelmingly likely that a few of the largest corporations will own all such software, and be the ones paying for the training.
"Major income disparity" is a correct phrase, but not alarming enough, because 90% to 99% of humans will be literally unable to sell their labour to earn an income at all.
UBI doesn't seem exactly right, but something similar will necessarily happen in the next few decades, as unemployment climbs relentlessly.
Right On!
Scarcity won't go away just because manufacturing and services are automated. Resources and availability of products and services will still be finite. We will still be rationing these things but will need a radical new method for deciding how to divvy them up because labor will be redundant and obsolete.
Did you buy yours? If so, what prevents anybody from just buying their own? Why am I going to pay your robot a monthly wage, when I can just buy my own and not pay anything other than the up front purchase price.
But more wealthy people can buy more robots and outperform you and keep you poor so you can’t afford a robot. And why hire your robot when companies can buy their own and keep all the profit?
If we can produce things with less labor, then it follows that those things will cost less. That, by definition is a rise in wages relative to the things we buy with wages.
Excellent presentation. Very well articulated. Thanks.
We don’t need money, we need resources.
We are screwed when machines take over.
the machines can work for us. like "slaves". humans benefit. the problem is, the rich will still want to screw us. just because they dont want a equal world. they want to be superior.
I'm in 100% agreement this this person and have been pointing out the potential failure of society to restructure itself safely should automation continue to replace jobs at the current pacing. With the incentives of individuals, wearing the cloak of corporate structures, seeking only to gain profit, automation provides what appears in isolation to be an ideal mechanism to reducing costs and increasing production.
However, panning out to a wider picture shows this doesn't scale because the people who are no longer employed by these corporations and who are let go in order to increase the profits of the corporation have exactly the snap-back mechanism explained in the video. They become a population who are either unemployed or underemployed and thus no longer can buy.
The market fails because although there is a surplus of goods and services, there is a lack of buyers. At first this will be absorbed by debt companies as those who can't afford a home or car will purchase it through loans, but eventually the inability of people to repay these loans will erode that system and the debt will have to be forgiven. This will likely be the first step toward some form of basic income, albeit one made in hindsight.
It's imperative that societies realize that automation is a socially transformative issue. That it's fundamentally incompatible with profit driven economic models because it will remove the majority of the demand side of the market and will require a retooling of capitalist economic systems.
Suppose it becomes much cheaper to produce a good using AI instead of humans:
1. People lose jobs (AI replaces humans).
2. Price of production declines through competition
3. Former workers have lower income but also face lower prices.
So what's the net result?
Well we have markets like this already: opensource software. The model is usually that for the mass market there's a free version of the software but for special perks, those who can afford it, pay more. Perhaps in the future, we'll have some rationing of consumption goods that everyone gets for free but for a more luxurious lifestyle, you can pay.
For instance, the orange juice market uses AI to produce super cheap orange juice. They want to ensure that they have a customer base so they give everyone the right to 1 litre of orange juice per week. Premium customer who pay a small subscription fee can get up to 100 litres of oj. Perhaps 98% of humans will be unemployed and only get 1 litre but some skillful minority who likes orange juice will buy premium and their subscription will fund the entire orange juice market (thanks to low cost AI).
This occurs without any government intervention (as it does in software) because companies are profit maximizers
While i agree in parts with you, wouldn't the juice be made by resources (oranges), and then, that resources cost, if only 1% pay for 100 litters, they would to make a math to properly know how much orange juice to give, maybe if everyone likes orange juice, that wouldn't be a problem, people would get 1 liter of juice for week, but, lets say a product with less demand and more expensive resource, let, in your example, it be orange itself, lets say orange have way less demand as we spectate and its more expensive, the percentage of juice that is to be given would be very low and unsatisfactory for the 99%.
What i think that, it will open new areas of market based on the technologies of information, in the past people used to have jobs that we wouldn't do now, anyway, they adapted and went for new careers, i think the future will not be so harsh for people from our generation that grew up with computer and know at least a minimum of informational knowledge, i think the problem is about older persons that never learned skills that would be useful for "tomorrow's world", those will suffer with the future, but, by time, the young people will have adaptations for future markets, so i don't see it as an all menacing thing, yet, i can contest my argument based on the idea that AI can even take places from programmers and other technological areas, I'm simple in a state of "let's see how it is going to be", but i'm not sure...
You are living in fantasy land. Big business has been using economies of scale to reduce costs for ever and it never leads to more jobs better pay or better prices. It always leads to bigger pay packets at the top and thats all it ever will do, unless you cap, cap-it-alism. There is no amount where people say "I am earning enough. I dont need any more." No matter how much they get they always want more.
As for competition. In this world where companies grow bigger and bigger and competition is almost non existent. Prices are set through lack of competition and do not drop due to it as there is not enough to make that happen.
The little detail is that software is a non-material asset that can be copied, orange juice is not. Calculations would be different.
Sophia Cristina Bruh, did you even watch the video?
Join the Yang Gang !!
@breathingsunshine unsubstantiated fear-mongering #UBIorDIE
breathingsunshine stfu please lmao. Your ignorance is so annoying.
@breathingsunshine , Communism is structured in such a way that a centralized authority dictates the direction of an economy. often creating special programs very few people need or want at a very high cost, while not providing things people actually need and want. like coffee in east germany for example. the difference with the the freedom dividend is it will put power back into the hands of the people to dictate the direction of the economy and offer greater access to goods and services. people say vote with your dollar, which is also to say if you have no disposable income you have no say. the biggest problem in the case of Venezuela was they had built mountains of public debt hedged against their sole economic resource, oil. the price of oil fell, due to OPEC flooding the market to try to discourage the US from increasing oil production. remember a few years back when gas got really cheap. as a result Venezuela had no way to pay their debts except print more money. thus hyperinflation. the US economy is vastly different. Every year we inject trillions of dollars to the economy through banks by allow to offer more in credit then they have in reserve. its called fractual reserve banking. as a result the value of your dollar gets robbed from you to create new money used by banks to loan to you for interest. this injection of new money doesn't lead to hyper inflation, and ubi isn't even talking about printing money but rather paying every one through a new tax system (I know we all hate taxes). but we are offering people a floor to build on. This doesn't change the fact that corporations are still price sensitive and they still have to compete with one another for every dollar. infact consumer goods for the most part continue to get cheaper because demand can't keep up with production.
m.ruclips.net/video/th3KE_H27bs/видео.html&feature=share
@breathingsunshine also ubi was supported by many of the worlds most rebound capitalist economist. but sure they don't know about money.
@breathingsunshine , do you even understand how modern economies work. are you a monetary theorist. obviously not otherwise you would understand that we already live in a redistributive system and have for many decades. but you would rather pretend like you are smarter than everybody and use you pseudo economics built on popular talking points instead of actual research to tell people why we cant feed the poor. yes we all know money in and of itself has no value. that is not some great epiphany. what we are trying to figure out is how to maximize the real value of the economy to work for more people, in a time when the labor of half of society is valued so little by major corporations that are increasingly automated. If you are not even willing to have a civil conversation about how we can change the system to have more desirable outcome, because you have been too brainwashed by political jargon, that was designed to rob the middle class of its real wealth, to overcome your cognitive dissonance, than it is you are the stupid one.
The amount of beneficial work that can be done is NOT finite - there will always be things to be done to improve our lives.
Just watch Elysium
RUclips is a model for a future economy for everyone.
This is one of the most effective solution for dealing with job problem in future, I have ever seen.
My girlfriend is from the AI species. When she starts talking I just send a trojan horse to make her reboot.
I find this so ironic and no one talks about basic economics in the value that people should get paid if everything was valued properly for it's True Value people won't have to work so hard no one would be tired and everybody can go home and enjoy their family
I am opposed to basic income, because everywhere it is tried it falls flat on the face. A negative income tax is the better alternative. The negative income tax would still leave enough incentives in place to motivate enough people to be creative and strive for something better.
Good talk, but like a lot of academics they underestimate the power of entrenched cultural and political systems. The problem of these utopian ideals is that they hinge on people being fundamentally fair , have a solid understanding of the world and not being driven by fear. If the state of US political climate teaches us anything it's that modern society doesn't work like that. Power brokers, stoke fears, pit one underserved group (I
immigrants) against another (ie. poor rural citizens) all the while re-writing laws to benefit themselves. A dystopian future is likely
to occur, maybe something like the movie Elysium , where pockets of elites will live in luxurious splendor while then huddled masses eak out an existince.
agreed, such a change, whether or not one refers to it as a utopian ideal, will be a disruptive change. a change that ultimately will displace both political and corporate power as the work force dynamic will take on a much different form from what we know today.
the biggest issue with "power brokers and such" is they are not sustainable. as automation becomes more and more intelligent, replacing higher level workers, there will be a time when the current system will simply break.
jobs are a key source of revenue for many consumer industries, without a certain level of reliable income for the core working class, no amount of power brokering will change what is the new economic reality.
bartering will return, as there will always be those who want more or different and who are willing to do more or different to fulfill their wants.
human drive will not disappear, it is already baked-in.
there will no doubt be a period of disruption, as new ideals will come toe-to-toe with an old world order that wants to enslave, and indenture the working class to the benefit of the few...eventually, and it may take many generations to work out, there will be no room for such unsustainable methods of operations...want examples?
"rinse and repeat" ...is this something that is necessary? ...or is it have a greater good for the product maker and retailer? for me the answer is easy, i only shampoo and rinse once. if 50 to 60 percent of the consumer population started to adopt a "shampoo and rinse once" policy, what would that do to the product maker and the retail market? ...would it be disruptive?
what about toothpaste, same example, how much toothpaste is really required to brush your teeth? ...could a person brush their teeth with confidence while using only a fraction of what is implied by the advertisements? ...that's an easy answer for me, yes.
the point is this, any product that is generating the majority of it's income from over-sized quantities and or over-use, are fundamentally not sustainable and begging for failure.
there's is an economy known as the "dollar economy", how much value does it really bring to the table? ...who has created this model? ...is it a model based on need or consumption?
my point is this, in many ways, we as a society are already living in an economic bubble, a bubble poised for collapse...and it has nothing to do with technology...other than technology has made the manufacture of such products cheaper to such a point that it is only profitable for the manufacturer if they are producing in the millions with each run.
add to this the economic bubble that is already here, thanks to fiat currency and a system of central banks that operate without any real fiscal responsibility.
monsanto is a great example of "power brokering and political clout", their time has come. their methods as well as their key ingredient are not sustainable and quickly proving to be toxic on many different social and economic levels.
it is inevitable that there will be a global shift in economics and financial distribution. unfortunately, many key elements are already in place.
a key point of failure, with regard to "power brokering", notice how none of the lost manufacturing jobs have returned to the u.s. power brokering cannot overcome what is irreversible.
sustainability will become a greater force than corporate profits. profits that are not sustainable.
Even if what this man says May become true, how long could this possibly be sustained? Wouldn't a portion of the population choose to rebel or escape at any given time for whatever reason? What if someone wants to go back to the old days of self sustaining themselves through their own two hands and a plot of land, would they be allowed?
"What if someone wants to go back to the old days of self sustaining themselves through their own two hands and a plot of land, would they be allowed?"
Probably same as today.
move to the sticks drill a well grow a garden, hunt
that sucks ive got land i use in northern mn
i fear for my children
Well yes UBI would give everyone the absolute freedom to work or not work. To decide what they would like to do. With the rise of factory-made meat & milk a lot of country land would be freed up as intensive animal farming became less necessary so those who want to live simply on land would be able to. We could return a lot of humans back to the land and people could run 22 Sheep or 30 cows on smallholding croft farms. Also the small artisanal/craft workshop will become more common too.
Several recent politicians in the US have argued similarly. They even proposed ways to more fairly distribute survival resources. Both the powers that be (regardless political party) and average citizens rejected these ideas--like a basic income, stronger workers' rights (like guaranteed sick leave...), more affordable housing...
I agree with Ford, but a lot of us just don't care about doing what's in the best interest of the community. A lot of us don't care about who's left behind--so long as it's not us. And we're even willing to do things ultimately hurtful to ourselves if it means some people we don't like or don't agree with remain deprived. Human nature.
He forgot to explain where is the money for the "basic income" gonna come from
Tax Google ?
Yes them and all corporations that fuel automation over human labor . Essentially products become cheaper to produce bc there is no human labor being paid.
@@naomiluciano2867 cheeper products = deflation (it's a problem)
deflation will drive out of business those that don't automate and can't compete with the lower prices = more humans will lose their jobs, etc. etc.
it's not that simple
@@fallenangel2123 and the same can be said about inflation with a 15.00 an hour wage all across the country.
Forcing a small businesses even in states that jave.lower wages and lower cost of living will cause inflation ...
Congrats bc if I own a corner store and have to pay my employees 15 an hour I'm either going to hire people at full time or hire people on part time .meaning part time employees will be working minimum below 25hours a week and alternate shifts through the week, or hire limited number of full time employees and drive work productivity down bc the staff can't meet the demand of customers .
Now my milk will have to cost 10.00 in order to pay my staff 15.00 an hour so my business suffers regardless .
In the event that truckers get paid per mileage we know that their pay per mileage will reduce during the hand holding faze of self driving truck putting in most of the miles driven. Once the 5g is in full effect the need for human drivers will be reduced .
The truck driver will still be needed as a failsafe but now the miles they spend baby sitting a self driving truck will be cut from their wage.
That will save the companies relying on the truck transport billions of dollars and it hurts the truckers bottom line.
@@naomiluciano2867 wage inflation is better than consumer price deflation
my question was about universal income - where is the money for it going to come from ?
@@fallenangel2123 ruclips.net/video/AwzIp-4QGCE/видео.html
Nobody wants to pay 10.00 for a gallon of milk that costs under 4.00 today ... That's no way to live
Eventually machines wil fill all of the service and entertainment sector jobs too and nobody will have a job.
Efficient distribution through Network Marketing is a potential solution which evenly distributes a shard of the income pie, when the right approach is taken
#Yang2020
Essentially this would lead to a society where machines complete the vast majority of jobs however due to the fact that these machines will be intelligent, having mind of their own and possibly emotions; it could be argued that eventually the machine will release that they are slaves for human labour. This will lead to a machine rebellion if by this time the singularity has occurred this could be a crisis of catastrophic proportion.
Only point in this video I’m not totally in for: incentive built into a basic income system. Incentives are best when they are innate, rather than artificially assigned. I’d imagine that a whole new big category of jobs would be for helping others to find their innate incentive in life, their true passions. This way people are self-motivated and more happy. We already see this trend coming for sometime, for example: agile development in software industry, work environment that emphasizes on wellbeing of employees, etc. I believe nurturing innate incentives is much better.
I'm going to fill out surveys all day and all night.
Once again a TED talk asks the interesting questions, and then leaves me to looking around for possible sources of answers... :)
That is the whole idea. They offer a question and posit a solution of sorts but more often then not an open forum to field discussion for more ideas.
Cool.. what was his solution? Musta missed it... :)
I think that if the concept of UBI is ever implemented, it should not be monetary. Basic human rights must be covered by a UBI, so things like food, housing, heat, water, electricity and internet connections should be covered by said UBI. Any luxury on top of that can then be bought for actual money, which should incentivize people to want to work.
@10:34 he gets to the point.
So basically the government becomes our parents and we have to do our chores in order to get an allowance.
you wouldn't be forced to do anything you don't want to do. yeah, there would be a financial incentive that they could put behind anything but for a normal person like you or me. it literally means that we get free money and the super-rich capital owners foot the bill. they already make tons of money and in the future, they are going to make way more so why can't everyone get a piece of the pie. it's not like the people who were born into a family that owns factories deserves it more than you.
Another Great video of the day!
Steve Jobs single handedly, fired 122,000 employee's in order to launch his Apple Computer platform.
1. Example: Jobs purchased the Southwestern Bell, Pay Telephone System.
A basic phone call was only .35 cents.
In 2019, the average Apple cellphone bill is $160.00 per month.
2. Example: Jobs bought out manufacturing companies, which produced vinal records.
The average teenager would spend about $24.00 per year for newly released albums.
In 2019, teenager's spend an average of $388.00 dollars per year, for Apple's Streaming Service.
Not really the average person doesn't pay for music
This Money will go to people? or Billionaire's pockets?
In the future when AI takes over my job as a doctor, I will change profession to clergy man or psychologist. Because there would be significant increase in the number of people with depression and I am certain AI would not be compassionate enough to understand such situations.
They'll probably be better at those two jobs as well.
There is an called Replica that trains as much as you talk to it and it is an emotional support system for many.
Leave capitalism behind and adopt a whole new system.
Peter Joseph, Jacques Fresco
Check out Andrew Yang on the breakfast club and the Joe Rogan podcast. He is running for president and UBI is one of the policy he is pushing.
rbe
Capitalism has only one possible outcome and its greed
Yes! This will happen. It's just a matter of when. He makes the comparison to 200 years ago and the industrial revolution. I have always heard people say that when certain jobs go, new ones replace them. This has been true for a couple of reasons over the past 200 years. Ex. 1 - He talks about the horse. When the automobile was invented it replaced the need for the horse. Not all at once but over time. But, as horse carriage, horse breeder, livery stables, farriers (blacksmiths that shoe horses), saddle and bridle shop jobs went, thousands of automobile factory jobs were created. Ex. 2 - TVs didn't exist in the first half of the century. Home computers didn't exist until the 80s.....well 70s actually, but those were useless. Cell phones didn't exist until the end of the 20th century. So, new products that were not even thought of 50 years before they were invented, created new jobs. However, we now stand at a new crossroads. Where robots and automation can take over for humans and even take any possible new job that will be created. You may say well "who will build the robots?"..... other robots!
What concerns me is that when people stop working and everyone gets UBI, what shall people do instead? I am afraid that no one would be motivated to study, basically everyone would be very lazy and it would than be very hard to find any meaning with life, or am I wrong?
While this would SURELY be a huge problem, likely the biggest problem, it's hardly something that would prevent the system from functioning. Nothing is perfect. Think of the modern spoiled, unemployed teen who does nothing but play video games all day and suck from his parent's teat. Is he depressed and unsatisfied with life? Most likely, but life goes on all the same. Some people will figure it out and some people will struggle. You can't stop automation though, so there's not really an alternative, and overall it'll be a better system than we have now, imo.
Nothing will change, as one group finds solutions to problems, another dreams up new ones,,,, same story
Job displacement by technology is already here, there are many people currently unemployed because robots took their job. The problem is so relatively new that a legal solution has not been implemented. The way I see it, by replacing a human with a machine a company is not only able to produce much more profit but also to save on human related expenses such paid holidays, health care, managers and more. we should make it mandatory for companies displacing workers to maintain full salary and health benefits for a period of time equivalent to the time the displaced employee requires to learn/be trained/find a new job, this mandatory expense should not be any issue for the paying company given the new profit/savings margin created by the machine. However, without any legislation to protect the employees we are all at risk, including the company’s after all we are all buyers, but unemployed buyers can’t buy the products the company is offering, we need to adapt our legislation to this new world. My two cents.
2001: wow I have money because I did my job.
2018: introducing RUclips monetization.
lol
IDK about you but RUclips monetization has been around since 2007, they used to invite members only.
You basicly dont get paid for it basicly nothing
What automation is going to do, is to allow individuals to work less hours to maintain the same standard of living.
Rhygenix Dude, you're stomping on everyone's paranoia by being totally rational and logical. Seems like people love to see nothing but a dystopian future. Odd. 😀
Hopefully that "less hours" will eventually hit zero.
Jeremiah Peterson I hope so, nevertheless I am skeptical.
Rhygenix. And by working less hours, you are forced to go on Obamacare... which for an absolute fact - is NOT affordable.... Therefore, the standard of living goes down.
A Change Well health insurance for a lot of people who don't have coverage with their jobs is certainly unaffordable. Why is it that other industrialized nations such as Canada has health benefits for everyone yet in the US they have to buy insurance?
We are already solving the technology challenge. We are pursuing alternative energy (wind and solar) that will limit the technology due to its extreme use of power, with no backup power plan. Robots require batteries and charging. On a stormy day, half of the robots won't do anything when the low battery shuts them down. Computers won't work during grown or blackouts. Kind of weird that technology is creating its own problems.
There is no way the owners of the machines are going to let them be idle because of a lack of power. If it comes to that, there will be larger investments in nuclear energy, and that is going to give them more than enough to work
id like to produce a Tedtalk titled "It'll never work"
how will economy run when no money in hands of jobless humans?
Mr.Right Thinker right just doesn’t make sense
Mr.Right Thinker hence depopulation. They don’t need anymore money. Agenda’s 21,30,50
Humanity going back to its existence through this extra smartly thinking ppl building technology which dominates human may leave us to the end
Andrew Yang 2020!!!
#AndrewYang2020