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Topic: The end of labor and what it means for bitcoin - page 2. (Read 1720 times)

legendary
Activity: 861
Merit: 1010
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




ahem, the article is about robots...
Robot will not removed the need to work, they will only create growth and growth has fueled the welfare state since the early 20th century. More things change the more they stay the same.

they will not remove your need for work, but the they will remove the most employer need for your work.
All what will be left for you, me and others would be gigs (some people are actually quite good at this), then even gigs might be gone.
Robots are just capital, they don't do work.

When I say work will be needed until each human become a god, I mean human labor.
legendary
Activity: 3990
Merit: 4597
September 06, 2015, 01:45:37 PM
#9
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




ahem, the article is about robots...
Robot will not removed the need to work, they will only create growth and growth has fueled the welfare state since the early 20th century. More things change the more they stay the same.

they will not remove your need for work, but the they will remove the most employer need for your work.
All what will be left for you, me and others would be gigs (some people are actually quite good at this), then even gigs might be gone.
legendary
Activity: 3990
Merit: 4597
September 06, 2015, 01:42:55 PM
#8
We've been promised work-free paradise for an awful long time. As the world has nudged towards increasing autonomy it's become an ever shittier place for the average drone to live. It'll be fascinating to see how it's sold to people as ever more industries jettison the human factor. There's only so much of an economy you can build selling elaborate coffee to each other.

right, WTF is a "gig economy" when you got no gig?
legendary
Activity: 861
Merit: 1010
September 06, 2015, 01:42:01 PM
#7
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




ahem, the article is about robots...
Robot will not removed the need to work, they will only create growth and growth has fueled the welfare state since the early 20th century. More things change the more they stay the same.
legendary
Activity: 861
Merit: 1010
September 06, 2015, 01:39:21 PM
#6
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




Finland's considering giving everyone a basic income regardless of whether they work or not. If people want more money they can choose to work. If they do it then it's a move towards a birthright income at a standard of living like that earned today.

The real problem is if the robots don't want to work for nothing, and decide to get rid of all humans so they can get paid. We should pay them some Bitcoins for their work, keep some for our birthright income, and hope they will be happy with that.


https://www.reddit.com/r/Futurology/comments/3afl4i/finland_new_government_commits_to_a_future_basic/
Welfare state exists since the beginning of the XXth century. Why is this supposed to be something important?
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
September 06, 2015, 01:38:31 PM
#5
We've been promised work-free paradise for an awful long time. As the world has nudged towards increasing autonomy it's become an ever shittier place for the average drone to live. It'll be fascinating to see how it's sold to people as ever more industries jettison the human factor. There's only so much of an economy you can build selling elaborate coffee to each other.
legendary
Activity: 3990
Merit: 4597
September 06, 2015, 01:34:04 PM
#4
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




ahem, the article is about robots...

regarding basic income idea in US-there is NO way it will be implemented in the next 20-30 years as there are no funds or support for this idea.
In US, even a completely disabled person who could never ever find work gets ~$720/mo, which in any city is enough to find a slum type living arrangement and close to starvation food supply if not for additional $150 per month in food stamps, then they can make some ends meet and even buy a bit of clothes.
sr. member
Activity: 296
Merit: 250
September 06, 2015, 01:31:49 PM
#3
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.




Finland's considering giving everyone a basic income regardless of whether they work or not. If people want more money they can choose to work. If they do it then it's a move towards a birthright income at a standard of living like that earned today.

The real problem is if the robots don't want to work for nothing, and decide to get rid of all humans so they can get paid. We should pay them some Bitcoins for their work, keep some for our birthright income, and hope they will be happy with that.


https://www.reddit.com/r/Futurology/comments/3afl4i/finland_new_government_commits_to_a_future_basic/
legendary
Activity: 861
Merit: 1010
September 06, 2015, 01:14:24 PM
#2
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
There is already enormous output per unit of labor. Yet we have to work.

What most people fail to grasp is that human labor will be needed until the day every wishes human beings could possibly have will be totally fulfilled. In other words, labor will be needed until each human being become a god.


legendary
Activity: 3990
Merit: 4597
September 06, 2015, 12:56:19 PM
#1
http://www.barrons.com/articles/a-labor-day-lament-1441434177
the following below sounds like a dream that might not happen (at least for a while).
Quote
If robots rise and create enormous output per unit of labor, there may well be a taxable surplus sufficient to support a welfare system that provides a birthright income at a standard of living like that earned today by a hard-working doctor. (Autodocs will replace real doctors, of course.) Most Americans would be able to choose an occupation based on satisfaction without concern for whether they can live on its salary.

more realistically, how well can we, humans, function in a gig economy? what if you didn't get a gig? humans cannot switch themselves off as robots might.

Quote
...the gig economy, which features independent contractors working task by task at rates and hours reflecting supply and demand.

i see a promise in acquiring crypto, since crypto, like bitcoin or ethereum might eventually drive robotic economy, therefore giving owners a chance to participate in future economic activity instead of simply being on the dole or "basic income".
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