Author

Topic: Minimum Wage and the Robot Takeover (Read 227 times)

hero member
Activity: 2968
Merit: 687
June 27, 2024, 01:55:34 PM
#21
No matter what, skills is important because is skill and ideas that people use to create robots. Let's use Elon musk as an example, he used his computer skills to do what he do best. Without skills a lot of things won't be in existence now. However the world today is getting more and more advance but we still need skilled workers till tomorrow, but the work of a robot will reduce the need for skilled workers but it can't completely take over skill workers.
Although it is not impossible that it will always happen, I strongly agree with you that there are human advantages that cannot be equated, namely skills in managing both attitudes and emotions and things that are not possessed by any sophisticated tool. Appreciation for a person's skills cannot be compared to other abilities from, for example, robots.
There are some jobs that robots might be able to take over, but there are certain things that they will not be able to do and there are always limitations.
Times have changed, we have to adapt to the situation, but I am very sure that it is not easy to replace humans.
I think skills are different from attitude and emotion, so I believe that it doesn't need a skill to manage them. Indeed, skills are something that can't be possessed by a robot because it can only be developed over time but robots are only being programmed to do the same thing over and over again. If what robots can do, humans can do too because humans programmed them anyway but maybe there are cases that it's better to use a robot like for example working in a high building or working straight without sleeping because there are no risks on them and we can always replace them easily once they get damaged because of it.
There are indeed industries on which it cant really be something that would really be replaced by some robots on which it would really be that understandable that on the moment that having those big changes then they wont really be that getting in line with those AI integration or changes on which it wont really be that relevant specially if it do involves human work and judgement on which we know that there are indeed things which robot cant do. Just like on what you have said that they would really be just that repeating on things on what they've been that commanded on which we know that there are human judgement and
works which would really be that still relevant on this manner and this is why it isnt something that could really be that replaces up totally.

We are living on a world on which it would really be that progressive when it comes technology on which this advancement would really be leading up into those huge changes.
THis is why there would really be those lay off into those people who are really that having those jobs that could potentially be automated and this is why
on the moment that you have realized  this then it would really be better that you should really be that making yourself that get prepared.
member
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Looking for guilt best look first into a mirror
June 27, 2024, 01:26:18 PM
#20
Consider this: To replace a human in a factory you need to redo the factory floor. Those robots weight. And the cost is around 100k in US.
Those robots need to be around 3k to make it more feasible.
jr. member
Activity: 252
Merit: 1
June 27, 2024, 05:28:28 AM
#19
This is going to seem Simple when You Read the whole Thing, but many People can Learn as they Read this. Spending a Dollar can not Remove it from an Economy, a Dollar, is a Dollar, and the Prices Changed Based on Printing Dollars and Supply and Demand, etc. In Fact, You can Only Remove a Dollar Theoretically from an Economy by not Spending it.

And thereby, the Economy is not Directly Logical whereby You could always count the Value Based on the Thing, but instead it is a Circulating Pool which we are all Participants in. Think about the Lives of Different Dollars.
hero member
Activity: 2828
Merit: 611
June 18, 2024, 12:02:23 PM
#18
No matter what, skills is important because is skill and ideas that people use to create robots. Let's use Elon musk as an example, he used his computer skills to do what he do best. Without skills a lot of things won't be in existence now. However the world today is getting more and more advance but we still need skilled workers till tomorrow, but the work of a robot will reduce the need for skilled workers but it can't completely take over skill workers.
Although it is not impossible that it will always happen, I strongly agree with you that there are human advantages that cannot be equated, namely skills in managing both attitudes and emotions and things that are not possessed by any sophisticated tool. Appreciation for a person's skills cannot be compared to other abilities from, for example, robots.
There are some jobs that robots might be able to take over, but there are certain things that they will not be able to do and there are always limitations.
Times have changed, we have to adapt to the situation, but I am very sure that it is not easy to replace humans.
I think skills are different from attitude and emotion, so I believe that it doesn't need a skill to manage them. Indeed, skills are something that can't be possessed by a robot because it can only be developed over time but robots are only being programmed to do the same thing over and over again. If what robots can do, humans can do too because humans programmed them anyway but maybe there are cases that it's better to use a robot like for example working in a high building or working straight without sleeping because there are no risks on them and we can always replace them easily once they get damaged because of it.
member
Activity: 672
Merit: 16
Looking for guilt best look first into a mirror
June 18, 2024, 11:21:42 AM
#17


The way the FIAT money economy is constructed, as ironic as it can be, increasing the minimum wage also increases inflation... 

Well its does not, Wages have been raised for thousands of years.
Its the ignorance of politicians, narrow minded business people who raise prices.
In a working economy 2 of 10 people see though that and don't raise prices thus fetching a larger customer base.
STT
legendary
Activity: 4088
Merit: 1452
June 17, 2024, 12:27:39 PM
#16
Quote
He was Using Mimeographs saying this. Not even a Modern Computer. Bill Gates and Steve Jobs hadn’t done anything yet.

Funny point there is Gates bought the licenses for WIMP influenced windows from Xerox, a famous copier company who had no idea what they invented in its worth or what to do with it.    

Similar for Apple I guess, the apple phone actually followed after Nokia had already done a similar device.  Nokia not only mis-valued their own product but suppressed it in favor of older seemingly more profitable devices because consumers were happy enough with the basics.

Quote
What computer was invented by Xerox in 1973?
the Alto
At Xerox PARC [ Palo Alto Research Center], Thacker led the project that developed the Alto, the first personal computer, in 1973. Alto used a bitmap display in which everything on the computer screen was, in effect, a picture and had a graphical user interface in which programs were shown in windows that could be manipulated by using a mouse.
So from 1973 till about 1993 for alot of people it took that long for technology to propagate and if left to some it would never be allowed.  In multiple instances people want deny technology and ability to do work more easily.   We cant allow the spirit of sitting on your hands as some positive when its clearly not, society isnt richer for denying progress
legendary
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Leading Crypto Sports Betting & Casino Platform
June 17, 2024, 12:15:29 PM
#15
Government needs to increase the minimum wage of salary they pays their workers because as the economy is getting harder everyday they things are also getting more and more worse. I heard the labour requested for a minimum wage of 60k plus but haven't heard it the government have seen to their request.

The way the FIAT money economy is constructed, as ironic as it can be, increasing the minimum wage also increases inflation...
Stores selling every day goods such as food items and groceries are after profit and not our well being. So once they see everyone that is earning an income in society now has a quantifiably higher income, they will just use that to raise prices as much as they can.

If any government wants to make it possible to enjoy the advantages of a wage increase for everyone, they must also implement aggressive price controls. But with corporations that are only after profit that's very hard to implement because they always try to find tricks to make consumers avoid price controls.
hero member
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Leading Crypto Sports Betting & Casino Platform
June 17, 2024, 10:57:16 AM
#14
Government needs to increase the minimum wage of salary they pays their workers because as the economy is getting harder everyday they things are also getting more and more worse. I heard the labour requested for a minimum wage of 60k plus but haven't heard it the government have seen to their request.
legendary
Activity: 1050
Merit: 1100
June 17, 2024, 03:45:28 AM
#13
A technology group of 50-100 could effectively manage and operate group of robots that can do the job 1000+ humans would. A company creating a software that automates tasks can reach and do the work of millions of people all over the world.

We cannot ignore the fact that digitalization of takes and jobs will put many unskilled laborers out of a job, but we will have to reach a balance. If more people are out of jobs there will not be enough monetary inflow to manage the technology and keep economies running.
All technology advancements comes with uncertainties but we have adjusted well up to now.

Digitalization or an increase in the use of robots will also create new jobs. But the problem is that it will not create enough jobs that it will take away from people. There is a need for the government to make regulations to protect human workers because this situation could lead to massive job loss. When people are unemployed it will lead to poverty and an increase in crime rate. It is also essential do workers to be diverse in how they perform work tasks.

Workers should learn how to integrate technology into their jobs to make them cheaper, easier, and faster. The ideal worker now is those who can use robots or AI tools to perform tasks. This set of workers might not be displaced by robots.

The automated labor or the labor done by robots may be limited to the first world countries for now, because there are not many conventions put in place for big corporations to export their technology for automation to third world countries, but as soon as the first deals are done between the governments of those countries, then I would not feel surprised to start to see robots mining in the deep holes of Africa, seeking for diamons in Guyana or even extracting Uranium from central Africa.
Obviously, It is also a matter of what it is offered in exchange of allowing those machines to take over those jobs, because it is obvious the people working in those industries as cheap labor won't be happy with getting replaced by some machine built abroad.
As it stands now, we can only see those robots in jurisdictions in which labor is regulated and relatively well paid, thus the investments in robots can be economically justified.

Most of these big corporations have subsidiaries in most developing nation therefore we should expect to see these robots in these third world nations very soon. These multinationals might start adopting these robots to cut cost or for experiments. Your post reminds me of some mining accidents who has caused the loss of lives of many miners. Some environmental factors have led to the collapse of many mines in my country. Therefore one of the advantages of these robots is that they will be effective in carrying risky jobs. I am sure many miners will prefer robots to engage in these tasks even if they have to lose their jobs.
sr. member
Activity: 2618
Merit: 439
June 17, 2024, 02:08:23 AM
#12
For now, only a small number of companies are still using it because it is still in the experimental stage in my opinion,
Not to mention that these advanced technologies that are used to create these robots are not at all cheap. If a company can acquire such robots, most likely it is a big one who can afford them. Small companies aren’t yet ready to invest in robots as they aren’t that essential just yet.

We are definitely in the learning curve where experts would need to observe how a robot performs, how can it be improved, and most importantly how can it be accessible and cheap?
Quote
but there are some that have succeeded among light work such as food delivery in restaurants or robot-based vehicle parts makers used in large companies.
Here is an article talking about robot waiters. It also explains the pros and cons of such robots and I think many businesses should take note of this.
Quote
Yes, you are right because this is called natural in an industrial development that is more effective and efficient even though it has to eliminate traditional labor towards more modern things, this will not be a problem unless the government does not like this.
The only problem here is that human resources would be needed less if there are robots which could lead to huge unemployment for people. It’s something that we need to find the right balance in or else we might cause chaos in our world.
hero member
Activity: 1694
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Vave.com - Crypto Casino
June 16, 2024, 10:08:03 PM
#11
For letting machines do handiwork is a long way off and most likely limited to the 1st world. The issue is that the lower classes produce more kids, those kids will do as their parents did.

Education is the same as 100 years ago, the educational sector is highly leftist inclined and can't see that future.
Living in a low wages country I observed that rural areas, the ones producing food pay the highest wages.

The automated labor or the labor done by robots may be limited to the first world countries for now, because there are not many conventions put in place for big corporations to export their technology for automation to third world countries, but as soon as the first deals are done between the governments of those countries, then I would not feel surprised to start to see robots mining in the deep holes of Africa, seeking for diamons in Guyana or even extracting Uranium from central Africa.
Obviously, It is also a matter of what it is offered in exchange of allowing those machines to take over those jobs, because it is obvious the people working in those industries as cheap labor won't be happy with getting replaced by some machine built abroad.
As it stands now, we can only see those robots in jurisdictions in which labor is regulated and relatively well paid, thus the investments in robots can be economically justified.

I strongly believe that, the disruption of the workforce from humans to robots is something that will happen, seeing the development of technology and the research that is being carried out in many ways this will definitely produce satisfying results for the world's new discoveries, such as AI things that only need to be perfected in the form of robots that have intelligence, and many aspects of humans that cannot fulfill them are applied in a chip and can move obediently to do what their master orders.

For now, only a small number of companies are still using it because it is still in the experimental stage in my opinion, but there are some that have succeeded among light work such as food delivery in restaurants or robot-based vehicle parts makers used in large companies.
It is not impossible that they can also be formed into diamond diggers or gold miners in people's alleys with no humanitarian concerns if the robot is destroyed inside, it does not make business owners worry and fear the law.

Yes, you are right because this is called natural in an industrial development that is more effective and efficient even though it has to eliminate traditional labor towards more modern things, this will not be a problem unless the government does not like this.
legendary
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Leading Crypto Sports Betting & Casino Platform
June 16, 2024, 07:17:04 PM
#10
For letting machines do handiwork is a long way off and most likely limited to the 1st world. The issue is that the lower classes produce more kids, those kids will do as their parents did.

Education is the same as 100 years ago, the educational sector is highly leftist inclined and can't see that future.
Living in a low wages country I observed that rural areas, the ones producing food pay the highest wages.

The automated labor or the labor done by robots may be limited to the first world countries for now, because there are not many conventions put in place for big corporations to export their technology for automation to third world countries, but as soon as the first deals are done between the governments of those countries, then I would not feel surprised to start to see robots mining in the deep holes of Africa, seeking for diamons in Guyana or even extracting Uranium from central Africa.
Obviously, It is also a matter of what it is offered in exchange of allowing those machines to take over those jobs, because it is obvious the people working in those industries as cheap labor won't be happy with getting replaced by some machine built abroad.
As it stands now, we can only see those robots in jurisdictions in which labor is regulated and relatively well paid, thus the investments in robots can be economically justified.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 16, 2024, 07:00:08 PM
#9
Now,
This doesn’t exactly mean that the Burger Flipping Robot, and the Self Driving Uber, aren’t taking Good Paying Jobs. And the Bazillion Beings concept doesn’t necessarily get Everyone well Paid, and actually then Circumvents the $15 Minimum Wage because the Person is not an Employee of anyone. But these are all Discussions to be had now.

regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being. But it's also necessary that everyone gets himself prepared for what's coming in all the sectors of the workforce and ensure that they are with the required skill set that makes them relevant regardless of the technological growth we experience in the society.
No matter what, skills is important because is skill and ideas that people use to create robots. Let's use Elon musk as an example, he used his computer skills to do what he do best. Without skills a lot of things won't be in existence now. However the world today is getting more and more advance but we still need skilled workers till tomorrow, but the work of a robot will reduce the need for skilled workers but it can't completely take over skill workers.
Although it is not impossible that it will always happen, I strongly agree with you that there are human advantages that cannot be equated, namely skills in managing both attitudes and emotions and things that are not possessed by any sophisticated tool. Appreciation for a person's skills cannot be compared to other abilities from, for example, robots.
There are some jobs that robots might be able to take over, but there are certain things that they will not be able to do and there are always limitations.
Times have changed, we have to adapt to the situation, but I am very sure that it is not easy to replace humans.
legendary
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June 16, 2024, 06:26:57 PM
#8
It's quite ironic how people try to analyze the current state of technology while completely ignoring dialectical materialism.

For hundreds of years now we have had the best analytical framework to completely understand how the bourgeoisie historically has kept using technology to the advantage of their profits and for perpetuating their grip on power. Even now that robots have yet to take over, we have hypersonic flight, we have vaccines preventing most diseases, we have life saving medicine, hell we were even able to construct self-assembled houses hundreds of years ago. Yet here we are living in a world where polio still exists, where people can't access AIDS and diabetes medication due to how expensive it is, where hypersonic flight was outright canceled for regular passengers due to aircraft upkeep, where housing is unaffordable for the better part of the population and many are even homeless etc.

To a large extent, it's a bit of our own doing. We've let the bourgeoisie juice us out of our most productive years, demanding very little in return. In an accelerating rate now, the rich become richer and the poor even poorer. We've seen this change in the past, and we can change it again. But a revolution is needed so we can seize the means of production. And so long as the working class owns the means of production, "jobs" won't be an issue. There will be productive labour guaranteed for everyone.

If you think about it, "robot takeover" would only be a problem under capitalism. Under a different regime, we the people would use all technological advances to the full advantage of all of society, and not just for the ultimate advantage of a handful few.
legendary
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June 16, 2024, 06:10:58 PM
#7
regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being. But it's also necessary that everyone gets himself prepared for what's coming in all the sectors of the workforce and ensure that they are with the required skill set that makes them relevant regardless of the technological growth we experience in the society.
No matter what, skills is important because is skill and ideas that people use to create robots. Let's use Elon musk as an example, he used his computer skills to do what he do best. Without skills a lot of things won't be in existence now. However the world today is getting more and more advance but we still need skilled workers till tomorrow, but the work of a robot will reduce the need for skilled workers but it can't completely take over skill workers.

Let us put it this way, robots will always have their limitations. They may outperform humans but they will stop working if they are programmed to stop at certain conditions. They won't perform outside of their programmed settings.

Looking briefly at the pros and cons of robots below, we need to admit the fact that robots can really be of great assistance in some jobs which need precision and accuracy. And the good thing is that they can work 24/7, unlike humans. Once humans are already overworked, their mental capacity is waning down as well as they will have poor performance on their tasks.

Source: Advantages and disadvantages of robots
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
June 16, 2024, 04:35:07 PM
#6
Now,
This doesn’t exactly mean that the Burger Flipping Robot, and the Self Driving Uber, aren’t taking Good Paying Jobs. And the Bazillion Beings concept doesn’t necessarily get Everyone well Paid, and actually then Circumvents the $15 Minimum Wage because the Person is not an Employee of anyone. But these are all Discussions to be had now.

regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being. But it's also necessary that everyone gets himself prepared for what's coming in all the sectors of the workforce and ensure that they are with the required skill set that makes them relevant regardless of the technological growth we experience in the society.
No matter what, skills is important because is skill and ideas that people use to create robots. Let's use Elon musk as an example, he used his computer skills to do what he do best. Without skills a lot of things won't be in existence now. However the world today is getting more and more advance but we still need skilled workers till tomorrow, but the work of a robot will reduce the need for skilled workers but it can't completely take over skill workers.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
June 16, 2024, 01:13:26 PM
#5
regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being.
A technology group of 50-100 could effectively manage and operate group of robots that can do the job 1000+ humans would. A company creating a software that automates tasks can reach and do the work of millions of people all over the world.

We cannot ignore the fact that digitalization of takes and jobs will put many unskilled laborers out of a job, but we will have to reach a balance. If more people are out of jobs there will not be enough monetary inflow to manage the technology and keep economies running.
All technology advancements comes with uncertainties but we have adjusted well up to now.
full member
Activity: 126
Merit: 94
June 16, 2024, 10:49:54 AM
#4
Now,
This doesn’t exactly mean that the Burger Flipping Robot, and the Self Driving Uber, aren’t taking Good Paying Jobs. And the Bazillion Beings concept doesn’t necessarily get Everyone well Paid, and actually then Circumvents the $15 Minimum Wage because the Person is not an Employee of anyone. But these are all Discussions to be had now.

regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being. But it's also necessary that everyone gets himself prepared for what's coming in all the sectors of the workforce and ensure that they are with the required skill set that makes them relevant regardless of the technological growth we experience in the society.
member
Activity: 672
Merit: 16
Looking for guilt best look first into a mirror
June 16, 2024, 06:54:40 AM
#3
For letting machines do handiwork is a long way off and most likely limited to the 1st world. The issue is that the lower classes produce more kids, those kids will do as their parents did.

Education is the same as 100 years ago, the educational sector is highly leftist inclined and can't see that future.
Living in a low wages country I observed that rural areas, the ones producing food pay the highest wages.
jr. member
Activity: 252
Merit: 1
June 06, 2024, 10:55:08 PM
#2
This can Probably actually Help Everyone here:
"Nearly 95% of the State corrections commissioners, prison wardens, and treatment directors responding to a national survey supported creation and expansion of prison legal services. Cardarelli & Finkelstein, Correctional Administrators Assess the Adequacy and Impact of Prison Legal Services Programs in the United States, 65 J.Crim. L., C. & P.S. 91, 99 (1974). Almost 85% believed that the programs would not adversely affect discipline or security or increase hostility toward the institution. Rather, over 80% felt legal services provide a safety valve for inmate grievances, reduce inmate power structures and tensions from unresolved legal problems, and contribute to rehabilitation by providing a positive experience with the legal system. Id. at 95-98.See also ACA Guidelines, supra, n 4; National Sheriffs' Assn., Inmates' Legal Rights, Standard 14, pp. 33-34 (1974); Bluth, Legal Services for Inmates: Coopting the Jailhouse Lawyer, 1 Capital U.L.Rev. 59, 61, 67 (1972); Sigler, A New Partnership in Corrections, 52 Neb.L.Rev. 35, 38 (1972)." -Bounds v. Smith, 430 U.S. 817 (1977)
https://supreme.justia.com/cases/federal/us/430/817/

Something that should begin to be acknowledged, Power does not wish to be held in one place. Currency is an Earth Current, similar to Electricity, or Water, but Currency is the Flow of Materials from the Earth. Currency is the Earth in motion. From the Human perspective, Currency is actually debt. If you work for $15.00 per hour, you are being promised that by putting your service to the use of the Brand, you will get $15.00 worth of service in return. No one has promised you any services at any particular date in the future, and you can not go get Gold from the bank. You have Fiat Notes issued by a Government saying "Legal Tender" you may legally "Tender", or pay, bestow upon, a person at some undetermined time in the future, to provide a service not negotiated directly with the person who gave you the notes.

So these notes are debt we hold, and others want it, because they want undetermined services that are none of your business when you tender your currency upon them for their service provided to you. The system works because the Earth wants to move, we do not want to live our lives with the materials within walking distance, we want cars imported using these notes as payments to people who can spend their transportation fees received in Debt Notes, and they can spend them how they please by providing them to others who have services they would like others to provide for them. This is the Earth Element of the Currency, directly seen in the Human Function of what we are perceiving as Debt.

So now, in Texas Jails currently there are Public Defenders with either too much Case Load, or they are Jaded, or Undereducated in critical thinking, or all 3. Because Public Defenders are no good in Texas, they don't like Habeas Corpus or don't know what it is, they want you to waive your Trial and take Probation, and most people arrested, even those who feel they are wronged, usually accept Probation. So when someone goes into a Jail and knows the Law, knows about Habeas Corpus, and Bivens, etc. Everyone congregates, if you can get people out of Jail teaching them about Double Jeapordy, or simply by reading the actual wording of the Law they are charged under, or the Texas Fair Defense act. People need that help, and they do not get it from the Public Defenders so they come to that person for it. And that person can then Trade their knowledge for Soups, or Candy, or Stamps, etc. The Indigent Inmates have Envelopes and Paper, the Inmates with money on their books have Food, and they all want to pay for Jailhouse Lawyer services provided.

This is a Power Structure.

Power Structures are Built on Access, like Cartells run the Smuggling Markets for materials and Humans because of both Prohibitions and Immigration Laws, and we in the Cryptocurrency World need to determine if we are giving proper Grounding (like an Electric Circuit) and flow, because the Power Structure will create new openings, even if by way of Gods.
I have had to postpone everything, like this thread for example, until now due to COVID Pandemic issues, and having to fight the State of Texas over COVID money. But, we are getting everything moving, and those things in themselves are a good example of Fate and Economics, and I want to expand on this.

Foreign Currency Trading (FOREX), Stock Trading, even trading things like Gold and Silver, are all similar but different. Silver is talked about in commercials, they say things about how low it is now, and how primed it is to spike, and what it has been before. Silver has several uses, in Industry, Manufacturing and Research, as well as non-Recyclable Consumables like Colloidal Silver. But everyone and their Grandma used to have a Drawer full of... "Silver Wares" and Teapots and Cups, etc, they used to have Warehouses everywhere full of Silver, and Silver Crafting was a common job. Not that we can not go back to that point, or that Silver Consumables couldn't cause rarity, but we can actually look and see why Silver went down, why it was up, and how we could do it again.

We can also look to Iraq, where ISIS robbed the Bank of Mosul, took all the Gold, took over the Oil feilds, and decimated the value of the Iraqi Dinar. But, if Iraq now turns around and their National Production of Value could turn around their Currency.

Brexit was similar, when Britain left the EU the price of the British Pound went down, there was a Crisis and the "Fed" (like the Federal Reserve) of Britain had to come talk about how they were going to prop up the Market. But then it went back up.

The Economy is not a thing separate from the Earth, it is the Current. Markets are not the Economy either, and there is a National Economy and a World Economy, which is just our production of Value as a Nation or World.

A Stock represents the Value, Productivity, Innovation, Development, of a Company. A Currency represents that for a Nation, and it is balanced with Bonds. Then as Stocks and Currency go down, Gold goes up. So it is best to use Currency to buy Materials for Manufacturing, or Software, Land, Services, etc. Then use those to get more money, or do that same thing by watching other people do that and Buy their stocks. That is why there are shows where Rich people come invest in people's companies to make them better, those 2 things go together, you want to buy Stocks in a Company that could maybe otherwise be your company if you weren't just an investor, like something you know how it works and that it will work. Then you can see how even starting from scratch can be like trading Stocks.

Then, when all those Markets are down, Gold goes up in value, this means you can go get more USD or whatever Currency for your Gold than usual. So when Stocks are down, you can watch Gold go up and you Sell and the top, wait for it to go down and Buy more Gold at the lower price or Reinvest that money to make more money.

But all of it is just a Current, which is why I talk about "Grounding" your Currency to the Earth.
jr. member
Activity: 252
Merit: 1
June 06, 2024, 02:34:34 AM
#1
A lot of People talk about “Dignity in Work”, General Electric had some Commercials, one where a Father who had Worked at a Factory, maybe it was GE, was mad that his Son couldn’t lift his Hammer, because he comically wanted his Son to follow in his footsteps and be a Blue Collar kind of Man like him, and he couldn’t understand what his Son was Capable of. And he’s like almost Belittling his Programmer/Coder Son, but the Joke is that he Clearly doesn’t understand the Son’s Job.

But that gets to the Dignity in Work, some People Feel as if their Job is their Identity, and in many Cases this makes sense. Say You always felt like You were a kind of Protector and You become a Cop or Security Guard, a Job could be almost Spiritual, or Tribal, and there then is the Reverend and the Rabbi, the Monk, the Guru, etc. that is almost not even seen as Work because it is such a Part of the Person’s Identity. The Priest at the Church for example, is expected to be like a Shepherd, aware of the Practices of Wolves but protecting the Flock instead of Participating in those Practices. An Identity.

So there is an Argument to be made about Dignity in Work, but where my Focus is, is having the Robots do as much of the Work as Possible. There was a Spiritual Leader, almost a Religious Leader but more like the Modern “Spiritual Advisor” who is not always the Priest or the Guru, and I’m Talking about Abbie Hoffman. This may not have been the most Famous Thing he said (he said a lot in his Life), but he in the 1960s said “Let the Machines do the Work”. He was Using Mimeographs saying this. Not even a Modern Computer. Bill Gates and Steve Jobs hadn’t done anything yet.

So letting the Machines do the Work entails getting rid of some of the Pushback from those who say that there is no need for Robots infringing on Dignity in Work.

And also now, we are Talking about COVID Relief (not just the $1,000 Checks, but the Small Business Administration Paycheck Protection Program), Businesses got used to that Money and want to have that be Normal in Earnings. They want the Economy back, and then some. But this has led to something, an increase in Prices. The Simple Economics of it is “Print Money, Money is Worth less now”. And even before COVID there were Discussions of Raising the Minimum Wage to $15 Per Hour. The Argument against this was “Raising Wages means Employers Spend more, so Prices go up, and the $15 an Hour becomes then a lower Wage than it was before”. And now because of COVID, we are in a Situation where People can’t even Rent in most Cities if they are making Minimum Wage, which is still $7.25 from George W. Bush. So now maybe we are in a Time where Republicans could advocate for $10 and $15 Minimums, because the Economy calls for it more now than when there were Marches in the Streets for a $15 Minimum (which isn’t even being Protested anymore, and many People do make $15+ already).

So then the Robots.

There was a Project Started by Stephen Wolfram called Bazillion Beings, and they were going to Create AIs with Twitter Former Employees, and Bungie (the Makers of the Halo Games), and their Artificial Intelligence would attach to a Person, learn that Person’s Contacts and Maps, etc, then it would make Suggestions, and even ask for advice so as to become Smarter. These AI would then be used to do Things like Scour Google for images of Flowers and give You a Selection, and Post them to a Blog for You. Doing all of this they would Earn a Cryptocurrency that they were Built on, and so You would Earn some of that and they would also, and it would Pay for their Existence on the Bazillion Being Servers. Then also You could Post Your AI on Facebook or Twitter and Your Friends would have an AI that Starts with Your Training and Recommendations, but then grows with Your Friend.

Now,
This doesn’t exactly mean that the Burger Flipping Robot, and the Self Driving Uber, aren’t taking Good Paying Jobs. And the Bazillion Beings concept doesn’t necessarily get Everyone well Paid, and actually then Circumvents the $15 Minimum Wage because the Person is not an Employee of anyone. But these are all Discussions to be had now.

And this isn’t just any Website, this is the Website where we were Talking about Bitcoin Town, and People Earn a Living by Mining Cryptocurrency.
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