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Topic: Economic Devastation - page 61. (Read 504811 times)

sr. member
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Knowledge could but approximate existence.
August 17, 2015, 06:21:22 PM
My whole point is that the wealthy decide the future of humanity weather you like it or not, and [the wealthy], do not like low IQ people.

You confuse g (i.e., "general intelligence") and particular intelligences (hence, the post that cites course material from a graduate-level psychology course). Certain intelligences (namely, those of Socrates that ensured his demise) might prove hostile to plutocracy (at least, without the plutocracy); however, other intelligences might aid its "self-actualization."
hero member
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JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 17, 2015, 05:32:22 PM
But it's you who can't graps the fact that the corporations are more efficient and drive out competitions with or without printed money.

http://www.citylab.com/work/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/

...

Besides I got an IQ of 138 just for the record.

No you don't. There was something wrong with that test. Which just goes to show IQ tests are bullshit.

You don't seem to comprehend that monopolizing a zero margin directed sector of the economy is akin to having sex withraping a dying old woman. Not a gratifying or relevant achievement.

Edit: even if were true that low IQ individuals are worthless to society, then they will be culled by nature and evolution will raise the IQ levels rapidly with natural selection. Nature is not as helpless as you seem to imply with your top-down proscriptions.

The plight of people today is much better than in the Middle Ages when there was so much overpopulation that human labor was nearly worthless. The Black Death resolved that.

The problem of the world today is that the Industrial Age capital is dying. Individuals need to break free of that morass on their own accord by embracing the autonomous opportunities available to them in the Knowledge Age.


I really need to stop commenting. So if you insist going on with your top-down Chicken Little Malthusian themes, I guess you'll get the last word in our thread for a while.



Edit#2: George Carlin - People Who Ought To Be Killed seems appropriate in this context.

Thats a really rude comment and you fail to address my points, you just mumble around and reiterate your points, which i clearly refuted, but instead of you defending it you just now start insulting and repeating yourself.

I never said that low IQ people are useless to society, and you really misinterpret my points (perhaps intentionally).

My whole point is that the wealthy decide the future of humanity weather you like it or not, and they, do not like low IQ people.

http://21stcenturywire.com/2014/01/24/human-cull-how-to-decode-elite-eugenics-propaganda/

Just read eugenics books that were written by the elite and you will see that they all call for population reduction and elimination of "unwanted traits".

So either nature will eliminate low IQ or the elite will, in either case, we will see a very dark future in our paths because it seems to me that humanity is getting more and more at the edge of it's existence.
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
August 17, 2015, 05:21:03 PM
Edit: even if were true that low IQ individuals are worthless to society, then they will be culled by nature and evolution will raise the IQ levels rapidly with natural selection. Nature is not as helpless as you seem to imply with your top-down proscriptions.
(Colorization mine.)


More intelligent women are less likely to choose to have children, research suggests.

http://personal.lse.ac.uk/kanazawa/pdfs/SSR2014.pdf

Abstract

Demographers debate why people have children in advanced industrial societies where
children are net economic costs. From an evolutionary perspective, however, the important
question is why some individuals choose not to have children. Recent theoretical developments
in evolutionary psychology suggest that more intelligent individuals may be more
likely to prefer to remain childless than less intelligent individuals. Analyses of the
National Child Development Study show that more intelligent men and women express
preference to remain childless early in their reproductive careers, but only more intelligent
women (not more intelligent men) are more likely to remain childless by the end of their
reproductive careers. Controlling for education and earnings does not at all attenuate the
association between childhood general intelligence and lifetime childlessness among
women. One-standard-deviation increase in childhood general intelligence (15 IQ points)
decreases women’s odds of parenthood by 21–25%. Because women have a greater impact
on the average intelligence of future generations, the dysgenic fertility among women is
predicted to lead to a decline in the average intelligence of the population in advanced
industrial nations

(Colorization mine.)
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
August 17, 2015, 05:14:50 PM
Gold simply does not back anything any more because it no longer correlates to the intangible knowledge that is valuable in an era where knowledge moves the economy.

Semi-/precious metals and stones (e.g., rose, white, and yellow gold and diamonds) are "standard of [metallurgical and geological, respectively] beauty," and beautifulness is "intangible knowledge" (TPTB_need_war) (i.e., knowledge).

And a miniscule (and shriveling in terms of relative growth) portion of the intangible knowledge economy.

Relative size is an important concept in economics, as well as scalability and relative rates of growth.

And that 'beauty' attribute is not the attribute that historically imparted most of the value to gold. Rather gold was a more rare, compact, fungible, durable physical representation of physical value in a physical economy where trade of physical objects was the major aspect of the economy. It was like packing a bunch of land into a compact, transportable form. Whereas if you review my essay linked from the opening post of this thread, I argue that knowledge creation is accretive, spontaneous, and the property of the creator, thus it can't be tied to money or physical value. Knowledge creation is like an end-to-end principled network in that middle men (Theory of the Firm) can only obstruct it.
(Colorization mine.)

You failed to address a relevant scope of my argument (which pertained to quartz, copper, topaz, palladium, sapphire, etcetera).
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
August 17, 2015, 04:54:47 PM
(In light of the posts above, a psychology review seems in order.)

Quote from: Penn State University, Psychology 532  
g factor

When thought of as one factor, intelligence is often referred to as general mental ability (GMA) or general factor (g factor or g for short). The tradition of studying intelligence as a single concept follows in the footsteps of Charles Spearman. While examining student test scores in the early 1900s, he noticed that individual students performed very similarly on different cognitive ability tests. These observations made him theorize that intelligence is a single underlying factor for all abilities. Spearman is the one given credit for coining the term g and g factor.

g vs. IQ



More commonly, g is referred to as IQ (intelligence quotient), but that term actually refers to a score on an intelligence test, so the term g is actually a more accurate description when discussing intelligence in general. In your readings, you will notice that the terms are used interchangeably, similar to the way they would be in actual conversation. See the figure for a comparison of g and IQ.

g and Leadership



This single-factor intelligence has been found to be the best predictor of general job performance, particularly for complex jobs (Schmidt & Hunter, 1998). However, the link between g and leadership is not as strong as one would think. The correlation is moderate (0.21-0.27; Judge, Colbert, & Ilies, 2004). That is not to say that the relationship is not useful, just that when one considers that the relation of g to general job performance is 0.51 (Schmidt & Hunter, 1998), it does not seem as impressive. In fact, intelligence actually ranks behind extraversion (0.31) and conscientiousness (0.28) for relationship to leadership ability (Judge, Bono, Ilies, &  Gerhardt, 2002). See the figure.
sr. member
Activity: 420
Merit: 262
August 17, 2015, 09:12:50 AM
But it's you who can't graps the fact that the corporations are more efficient and drive out competitions with or without printed money.

http://www.citylab.com/work/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/

...

Besides I got an IQ of 138 just for the record.

No you don't. There was something wrong with that test. Which just goes to show IQ tests are bullshit.

You don't seem to comprehend that monopolizing a zero margin directed sector of the economy is akin to having sex withraping a dying old woman. Not a gratifying or relevant achievement.

Edit: even if were true that low IQ individuals are worthless to society, then they will be culled by nature and evolution will raise the IQ levels rapidly with natural selection. Nature is not as helpless as you seem to imply with your top-down proscriptions.

The plight of people today is much better than in the Middle Ages when there was so much overpopulation that human labor was nearly worthless. The Black Death resolved that.

The problem of the world today is that the Industrial Age capital is dying. Individuals need to break free of that morass on their own accord by embracing the autonomous opportunities available to them in the Knowledge Age.


I really need to stop commenting. So if you insist going on with your top-down Chicken Little Malthusian themes, I guess you'll get the last word in our thread for a while.



Edit#2: George Carlin - People Who Ought To Be Killed seems appropriate in this context.
hero member
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JAYCE DESIGNS - http://bit.ly/1tmgIwK
August 17, 2015, 09:09:58 AM
Even a person with an IQ of 95 such as my brother-in-law who is working in a hotel in Brunei are capable of more than manual labor. He is doing many knowledge age sort of functions such as creating dance classes for the guests, etc..

I already told you the artist class is only like 0.1% of the job market, so its really surreal to think that everyone will be artist in the future and even if that were true, the competition would be so big then that most of them will be driven out, and become again unemployed...

RealBitcoin you must be one of those low IQ people you hate.

How many posts now have I tried to explain to you that so called "lower IQ" people are not so worthless that they can not work to feed themselves. Only welfare and inflated living expenses due to rampant debt driving up the prices of everything causes them to not work. Physical products are declining towards 0 price due to technological advance.

Besides it seems you don't understand a Gaussian distribution means half of the population has an IQ higher than the mean. If you are insinuating that only a person with a 140 IQ can earn enough to buy their own food, then I think I will just ignore you now.  Roll Eyes

But it's you who can't grasp the fact that the corporations are more efficient and drive out competitions with or without printed money.

http://www.citylab.com/work/2012/09/radiating-death-how-walmart-displaces-nearby-small-businesses/3272/
http://dailycaller.com/2015/02/06/franchise-rule-could-destroy-700000-small-businesses/
http://moneymorning.com/2013/05/29/how-big-corporations-are-destroying-the-free-market/

So unless they lose all their money in the next crisis (unlikely), you won't have a free market. They are ultracompetitive and they fill out all inefficience gaps in the market, so small businesses will be outcompeted by millions.

Do you realize that you will be shoveled out of business if you are not competitive?

So how do you think low IQ people, and undercapitalized ones, can compete with a mega corporations, where every advantage is on the corporation's side?

EX: Average Joe opens a Grocery store and he wants to compete with Wallmart.

-He doesnt have good connections with producers, and he is new so he wont get discounts
-His accounting is probably inefficient and will lose money on that
-His electricity configuaration is also inefficient
-Taxes and regulations also bury him under 5 feed of dirt vs big corporation
-His workers are probably unskilled and he doesnt ave the time and money to train them
-He is new so he doesn't have many customers
-He doesnt have a parking space, so he wont have massive buyers
-He cannot afford promotions and competitions that big store usually do to attract people
-He will get harassed by all kinds of government inspectors like they like to harass small shops
-He doesnt have money for proper security systems so he can get robbed
-He doesnt have enough credibility so he cannot get bank loans easily to expand his business
-He might get harassed by local gangs and mobs
-He can barely pay his insurance costs and employees
-He will offer his products at a high price to cover all his risks, which will make him very uncompetitive
etc...

So a small business owner has all this negative disadvantage on his side vs the big and established corporation near him, so its no wonder he will go out of business in a matter of months.

Sorry this is reality, sharks eat small fish.

Besides I got an IQ of 138 just for the record.

sr. member
Activity: 420
Merit: 262
August 17, 2015, 08:56:03 AM
RealBitcoin you must be one of those low IQ people you irrationally view as useless.

How many posts now have I tried to explain to you that so called "lower IQ" people are not so worthless that they can not work to feed themselves. Only welfare, minimum wages, regulations (e.g. preventing growing a vegetable garden and raising pigs and chickens in a city backyard), and inflated living expenses due to rampant (e.g. housing loans) debt driving up the prices of everything causes them to not work. Physical products are declining towards 0 price due to technological advance.

Besides it seems you don't understand a Gaussian distribution means half of the population has an IQ higher than the mean. If you are insinuating that only a person with a 140 IQ can earn enough to buy or work on their own backyard to grow their own food, then I think I will just ignore you now.  Roll Eyes

And I have on idea why you think only people with a certain IQ threshold are able to do anything other than manual labor. Even a person with an IQ of 95 such as my brother-in-law who is working in a hotel in Brunei are capable of more than manual labor. He is doing many knowledge age sort of functions such as creating dance classes for the guests, etc.. I measured his IQ on a Raven's matrices test and he is quite capable of doing tasks that are not only manual labor. In fact, it was I who did the manual labor to build a concrete house in their squalor area in 1996 (I was 31 and he was a teenager) and he was too lazy to help me.
hero member
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August 17, 2015, 08:42:33 AM

What that means is that you and no one else can top-down decide which individuals in which situations will be worthwhile. It won't depend on just one metric such as IQ. Life is much more complex, chaotic, and higher entropy than just IQ. I explained it as follows in my seminal essay:

But we are talking about the economy here, where people are money oriented and go where the money is.

We already see massive unemployment in Europe due to corporations moving out to S-E Asia and Africa to find cheap labour. The labour market is just optimizing, everyone follows the incentives.

A corporation wants to make more money, so it has to move to places where you find the same quality labour for /10th of the price.

This is partly due to minimal wage laws (employers forced to pay high salaries to people who dont produce that much, so they lay off bad quality workers, a.k.a socialist job-buster ) , high regulations, and printed money.

But even if those 3 elements weren't there, it would still happen eventually, as technology grows. So socialism only accelerates the problem, but it doesn't cause it.

The real cause of unemployment is technology & human incentives, which can't be changed.


So as high IQ people in the past got wealthy (they can do it just now but a bit harder) and were smart enough to not raise offsprings that are spoiled brats and waste their wealth. Instead this old money got preserved by the rich people's families. Perhaps not all offsprings but some:

http://www.dailymail.co.uk/news/article-3195273/Son-Swiss-multi-millionaire-convicted-deliberately-setting-fire-150-000-Ferrari-458-Italia-failed-attempt-claim-brand-new-supercar-insurance.html


So like it or not, they were smart enough to keep their wealth, so they now dominate the planet, and unless you can raise to their ranks with intelligence, cunning and a bit of luck, its hard to imagine that anyone of us will dictate the future of mankind.

Thus these corporations will dictate it (unless a massive economic reset happens as I said already, and the rich will be dumb enough to not arrange their wealth safely and lose it all)

So as technology becomes more complicated LOW IQ PEOPLE & LESS CAPITALIZED PEOPLE (which is nearly the same), will be shoveled out of the economy, and 1 out of 3 outcomes will happen:

Quote

So basically 3 futures can exist:

1) 1-2% of the population with IQ over 140, and the wealthiest, will provide the goods & services in the more and more complex economy, the manual labour will be achieved by robots, and the rest of the people 98%, will be on permanent welfare like some freeloaders, in a massive socialist economy

2) The elite will do eugenics, and will wipe out the low IQ people with war,plague or else, and reduce the world population to a very very small level, and only keep the high IQ people alive.

3) The economy will be reset, everybody loses all their money, and we start over, but soon enough the high IQ people will again emerge wealthy even with equal opportunities, and the same shit starts again.


I`d prefer 3) but i think 1) is the most likely outcome unfortunately. I also think that if 1) will become true then it's only a matter of time until the elite will become fed up with so many freeloaders so 1) will become 2) in a matter of years.


sr. member
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August 17, 2015, 05:16:02 AM
The Theory of the Firm can be explained from one perspective with the erroneous theory that knowledge creation can be duplicated and redundant thus managers play an important role of making sure there are backup employees in case one gets sick, leaves, or otherwise fails.

We've needed corporations to aggregate work, because for example you don't build Mozilla Firefox with one programmer. You need a large team.

This is why I was working so hard on solving the Expression Problem for computer programming language (which I think I've solved and will be working on after I finish the crypto work), because with true modularity (no need to refactor), then programmers can work on their own smaller modules and then other programmers can combine modules into large programs. This is the Holy Grail of programming yet to be achieved.

In any case, the point is knowledge creation is becoming more autonomous, e.g. the 3D printer and 3D printer designs for download. You used to need a corporation to accomplish what you can now do individually.
sr. member
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August 17, 2015, 04:38:33 AM
sr. member
Activity: 420
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August 16, 2015, 04:57:36 PM
You hired the man who comes by to clean your car every week, because you like his quips and personality.

Is that IQ?

Is that only manual labor?

Some of the most interesting people I've know in my birthplace New Orleans were blacks who probably wouldn't have high test scores on IQ tests.

Making life interesting is very valuable to me.

You have dehumanized it all.

Fitness means there are many myriad of values in society. If society was a xerox copy, then we would not likely survive the next near extinction event. Diversity is appreciated by mankind because it is resilient and necessary.
legendary
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Strange, yet attractive.
August 16, 2015, 04:50:12 PM
You assume IQ is innate. Debt and welfare can give someone a lower IQ.
You continue to make the same error over and over.
Every human brain is unique. Everyone regardless of IQ has a creative input to make not just manual labor. They may not become as wealthy as the other person, but they are not worthless.
You might be worthless though with this derogatory nonsense that has been programmed into your brain by the socialist mass media propaganda.
Malthusian crap has always been wrong and always will. Nature isn't as stupid as you think it is.

Well, I'll have to agree with this. No matter how well you have prepared your business, or a bright idea you had and decided to make money out of it; there's always the factor of "chance". YES, there's choice, YES, there's IQ, hard work, dignity, commitment, public relations, BUT... there's also pure, blind, filthy, LUCK! Whatever you do, whatever I do, whatever ANY AVERAGE JOE does, it's based 50% on luck - if the Universe decides you're not worthy, there you have it.

Unlucky events come in various forms, the most common is a love affair that went wrong. I've once met a PhD guy who got his heart crashed. He tried to commit suicide! I convinced him not to do it, after a couple of days he solved a problem that had been unsolved for the last 100 years. In a parallel universe, where he never met me, he might as well be gone, and that problem would have to wait another 100 years for another genius to solve it. Another form, is a terminal disease; cancer, Alzheimer's, a plane crash, pick your best... you're out of luck GENIUS. End of the chapter.

And, then; there are people who don't have to be THAT rich to have a wealthy life. Do you really need that 300ft boat or the Lambo? Think again. A *really* smart person doesn't need MUCH to live from, he requires LESS to live wealthy, in his own way. He doesn't even have to get a 150 IQ rating - believe me I know many of those.

Life is short. Don't go after much, only those you really need to be happy. That's smart. That's genius.
sr. member
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August 16, 2015, 04:49:06 PM
Creative jobs are the workforce of the future.

Debt and welfare can give someone a lower IQ.
No it's the other way around, low IQ people are indebted and living on welfare

Falsify that causality.

How are you going to falsify which causes which?

I urge you to review statistics about blacks in the USA before and after widespread welfare corrupted them.
hero member
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August 16, 2015, 04:45:36 PM
You assume IQ is innate.

It is, with a small variance of 10-15 points that is caused by the enviroment, that is a scientific fact.

It's genetically based, and only modified slightly by your childhood experiences, nutrition and social enviroment.

You cannot doubt that.

Debt and welfare can give someone a lower IQ.
No it's the other way around, low IQ people are indebted and living on welfare

You continue to make the same error over and over.
As in where I logically proved my points step by step and you can't come up with a good counterargument

Every human brain is unique. Everyone regardless of IQ has a creative input to make not just manual labor. They may not become as wealthy as the other person, but they are not worthless.

If you are talking about creative jobs: artists,musicians,writers, comedians, etc.. that's only a small % of the labour force.

60% of people either work in factory or do manual jobs in the same "hand & feet" using enviroment, and not mind using.


And while the artists I think you cannot ever replace, still 60-70-80% of the jobs will definitely be replaced by AI sooner or later (even actors and static people are replaced by CGI, musicians are replaced with DJ's that mix older music with digital tech, and I think there was an AI which made music based on math patterns)

You might be worthless though with this derogatory nonsense that has been programmed into your brain by the socialist mass media propaganda.

I didn't said that they are worthless, I believe in human potential, but i`m also realist, and know that it has severe limits.

Malthusian crap has always been wrong and always will. Nature isn't as stupid as you think it is.

I can't comment this, i have to read up what Malthusianism is Cheesy
sr. member
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August 16, 2015, 04:34:14 PM
You assume IQ is innate. Debt and welfare can give someone a lower IQ.

You continue to make the same error over and over.

Every human brain is unique. Everyone regardless of IQ has a creative input to make not just manual labor. They may not become as wealthy as the other person, but they are not worthless.

You might be worthless though with this derogatory nonsense that has been programmed into your brain by the socialist mass media propaganda.

Malthusian crap has always been wrong and always will. Nature isn't as stupid as you think it is.
hero member
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August 16, 2015, 04:25:44 PM
Sorry but there is direct, and very high! (>90%) correlation between wealth and IQ of a person, based on real 100% scientific research:

Who said everyone had to be wealthy?

We were talking about whether they are so worthless that they can't work at all.

Ok but you still don't understand.

So let's summarize: IQ and Net worth (wealth) is very highly correlated, now you might win the lottery or become lucky and be wealthy with a lower IQ aswell but it's not the norm. Same as you can be high IQ and be born with 1 arm and 1 leg it's harder to break out of poverty.

However on average, IQ does determine how rich you will become.

=====================================

The problem with this fact is that , as I told you on the earlier posts, is that if IQ is necessary to become wealthy, then if robots replace manual labour, the now unemployed people can't uppgrade their skills and be left unemployed.

So if you have an IQ of 65 and you are a plummer, if you lose a job due better pipes (!) you can still become a car mechanic.
But if both jobs become replaced by robots and AI , then you can't uppgrade to a bank manager.

So what will happen is that these low IQ people will be left unemployed, so either they will starve to death, or you create a massive socialist welfare state:


Also those who do well on tests do so to some extent because they are motivated to. So yes motivated people do become wealthier.

You try to claim that only 2% of the population can be motivated and can find work in the Knowledge Age. That is ludicrous.

But there will be no work left, no manual work because they will be done by robots, the only work left will be "mind work": managers, directors, etc.

Which obviously the low IQ people can't perform.
sr. member
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August 16, 2015, 04:19:16 PM
Sorry but there is direct, and very high! (>90%) correlation between wealth and IQ of a person, based on real 100% scientific research:

Who said everyone had to be wealthy?

We were talking about whether they are so worthless that they can't work at all.

Also those who do well on tests do so to some extent because they are motivated to. So yes motivated people do become wealthier.

You try to claim that only 2% of the population can be motivated and can find work in the Knowledge Age. That is ludicrous.
hero member
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August 16, 2015, 04:16:31 PM
You completely ignored the point I quoted from my essay. You whoreship IQ. You don't understand entropy nor fitness.

Sorry but there is direct, and very high! (>90%) correlation between wealth and IQ of a person, based on real 100% scientific research:

SO OPPORTUNITY , FITTNESS , AND EQUAL STARTING OPPORTUNITY DOESN'T REALLY MATTER!

BUT IT'S HARD TO FIND GOOD PAPERS ON THE INTERNET TELL YOU THAT BECAUSE SOCIALIST APOLOGETICS DON'T ALLOW SCIENTISTS TO LOOK AT UNBIASED CONCLUSIONS!






sr. member
Activity: 420
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August 16, 2015, 04:09:01 PM
You completely ignored the point I quoted from my essay. You whoreship IQ. You don't understand entropy nor fitness.

There is work for everyone in the Knowledge Age, because everyone's knowledge is unique. There is no such thing as a superior 1 - 2%. Fuck that. Somebody brainwashed you.
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