Page 2 of 5 FirstFirst 12345 LastLast
Results 26 to 50 of 121
  1. #26
    Thailand Expat
    kmart's Avatar
    Join Date
    Dec 2008
    Last Online
    03-10-2022 @ 11:24 AM
    Location
    Rayong.
    Posts
    11,466
    Quote Originally Posted by harrybarracuda View Post
    The truth of the matter is that wanton consumerism is unsustainable.
    Probably, but she's trying her best.

    A guaranteed basic income for all-wonton-gobbler-jpg
    Attached Thumbnails Attached Thumbnails A guaranteed basic income for all-wonton-gobbler-jpg  

  2. #27
    Thailand Expat Boon Mee's Avatar
    Join Date
    May 2006
    Last Online
    13-09-2019 @ 04:18 PM
    Location
    Samui
    Posts
    44,704
    Quote Originally Posted by Norton View Post
    Times change and automation always replaces humans. Usualy because it does things better, faster and cheaper than a human. My first job as a kid was in a gas station pumping gas. No more in developed countries. All self serve. One of the nice things here in the LoS. Got humans doing a brilliant job.

    Re a guaranteed base income, I would not support it. Put the money into job skill training. Always best to teach folks to fish rather than give folks fish.
    Give people free money to sit their ass and not produce?
    Totally agree that job training should come first.
    These useless college degrees in woymen's studies etc need to be scrapped and send folks to learn welding, electricity fields & coding.

  3. #28
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    12,009
    Quote Originally Posted by Switch View Post
    Not necessarily. Give your people a guaranteed income, but they are only allowed to spend it on home made goods. What if they buy Chinese white goods, German cars or Japanese technology? Your tax money goes to a competitor. Where do immigrants fit in?
    Recycle your tax income through home based industry.
    Don't see how to restrict buying choices in a free society, unless passively through tariffs and taxes, but then the foreign producers end up needing other consumers to buy their stuff, and reciprocate with similar restrictions on their own imports.

    Maybe could work in a market that's self-contained and produces most everything to the highest standards.

  4. #29
    Thailand Expat
    Join Date
    Oct 2017
    Last Online
    @
    Posts
    1,767
    It's an interesting idea, the sticking point is where the money is going to come from to pay for it, corporations have all the money, governments are bought and paid for by corporations ...by what mechanism will governments start taxing corporations?

  5. #30
    Thailand Expat
    lob's Avatar
    Join Date
    Mar 2009
    Last Online
    30-09-2023 @ 02:09 PM
    Posts
    2,170
    Quote Originally Posted by Boon Mee View Post
    Give people free money to sit their ass and not produce?
    Totally agree that job training should come first.
    These useless college degrees in woymen's studies etc need to be scrapped and send folks to learn welding, electricity fields & coding.
    FFS the thread is when there is no jobs... so train people all u like there aint no jobs . this aint kansas. u are democracy at work, no fucking idea wot the program is. still get to vote.

  6. #31
    Heading down to Dino's
    bsnub's Avatar
    Join Date
    Jun 2009
    Last Online
    @
    Posts
    35,425
    Quote Originally Posted by jabir View Post
    While tech and innovation replaces humans with machines it also creates new jobs in different areas, often requiring new skills which is good for any work force.
    Not on any comparable level to the amount of jobs that will be lost. Clearly you are one of the posters on this thread that has no idea what is coming.


    Quote Originally Posted by Boon Mee View Post
    These useless college degrees in woymen's studies etc need to be scrapped and send folks to learn welding, electricity fields & coding.
    You are completely clueless. Welding will be one of the first jobs to be gone completely in the next ten years. Go do some research on automation someplace other than your right wing propaganda sites.

  7. #32
    Thailand Expat
    Join Date
    Oct 2017
    Last Online
    @
    Posts
    1,767
    ^
    The disrupters are coming and its going to be a bloodbath.

    You can look to what happened at the beginning of the industrial revolution for a sneak preview.

    I can't see how it will be resolved other than a huge cull.

  8. #33
    Thailand Expat
    Buckaroo Banzai's Avatar
    Join Date
    Jun 2010
    Last Online
    03-08-2023 @ 01:50 PM
    Location
    My couch
    Posts
    5,027
    Quote Originally Posted by bsnub View Post
    You are completely clueless. Welding will be one of the first jobs to be gone completely in the next ten years. Go do some research on automation someplace other than your right wing propaganda sites.
    Perhaps they can get a welding job in the auto industry,
    A guaranteed basic income for all-auto-jpg
    Attached Thumbnails Attached Thumbnails A guaranteed basic income for all-auto-jpg  

  9. #34
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    12,009
    Quote Originally Posted by foobar View Post
    ^
    The disrupters are coming and its going to be a bloodbath.

    You can look to what happened at the beginning of the industrial revolution for a sneak preview.

    I can't see how it will be resolved other than a huge cull.
    Nature has its own recipe for the occasional cull to ease and sustain populations; seems to have worked fine until recently.

  10. #35
    Thailand Expat
    Buckaroo Banzai's Avatar
    Join Date
    Jun 2010
    Last Online
    03-08-2023 @ 01:50 PM
    Location
    My couch
    Posts
    5,027
    Quote Originally Posted by jabir View Post
    Nature has its own recipe for the occasional cull to ease and sustain populations; seems to have worked fine until recently.
    Worked fine for whom?

  11. #36
    Days Work Done!
    Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    Today @ 08:09 AM
    Location
    Roiet
    Posts
    36,065
    Envision a day in the future where vitually everything a human needs is provided via automation.

    A guaranteed basic income for all-maslow-hierachy-needs-min-jpg

    No one works, no income to tax. Where does the money come from to pay for it all in this utopia?
    Attached Thumbnails Attached Thumbnails A guaranteed basic income for all-maslow-hierachy-needs-min-jpg  

  12. #37
    Thailand Expat

    Join Date
    Aug 2017
    Last Online
    11-02-2026 @ 06:00 AM
    Location
    Sanur
    Posts
    8,969
    Quote Originally Posted by Norton View Post
    Envision a day in the future where vitually everything a human needs is provided via automation.

    A guaranteed basic income for all-maslow-hierachy-needs-min-jpg

    No one works, no income to tax. Where does the money come from to pay for it all in this utopia?
    From automation of course. I bet Maslow never saw that coming.

  13. #38
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    12,009
    Quote Originally Posted by Buckaroo Banzai View Post
    Worked fine for whom?
    For Nature; do you think she cares wtf happens to us? We're special, but only to ourselves.

  14. #39
    Thailand Expat OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    24-07-2024 @ 09:54 PM
    Location
    Where troubles melt like lemon drops
    Posts
    26,242
    Quote Originally Posted by Switch View Post
    From automation of course
    Will there be a need for the robots/AI/"automation" political groupings to hold a non-binding global referendum/acceptable to some supervised online poll, indicating their non-negotiable decision? Or will "designated humans" decide for them?

    How does one get one's status changed from being labelled human, to being labelled robot and does it involve any irreversible genital surgery?
    A tray full of GOLD is not worth a moment in time.

  15. #40
    R.I.P.
    DrB0b's Avatar
    Join Date
    Dec 2006
    Last Online
    @
    Location
    ALL GLORY TO THE HYPNOTOAD
    Posts
    17,114
    Quote Originally Posted by Norton View Post
    Envision a day in the future where vitually everything a human needs is provided via automation.

    A guaranteed basic income for all-maslow-hierachy-needs-min-jpg

    No one works, no income to tax. Where does the money come from to pay for it all in this utopia?
    UBI would cost less than current social welfare packages, which it would replace in many cases, and does not replace work or productivity.

  16. #41
    Thailand Expat Boon Mee's Avatar
    Join Date
    May 2006
    Last Online
    13-09-2019 @ 04:18 PM
    Location
    Samui
    Posts
    44,704
    Quote Originally Posted by lob View Post
    FFS the thread is when there is no jobs... so train people all u like there aint no jobs . this aint kansas. u are democracy at work, no fucking idea wot the program is. still get to vote.
    There will always be jobs.
    Human ingenuity will demand it.
    Learn to Code...

  17. #42
    Heading down to Dino's
    bsnub's Avatar
    Join Date
    Jun 2009
    Last Online
    @
    Posts
    35,425

    How Artificial Intelligence Could Kill Capitalism

    If you believe the hype, then Artificial Intelligence (AI) is set to change the world in dramatic ways soon. Nay-sayers claim it will lead to, at best, rising unemployment and civil unrest, and at worst, the eradication of humanity. Advocates, on the other hand, are telling us to look forward to a future of leisure and creativity as robots take care of the drudgery and routine.

    A third camp – probably the largest – are happy to admit that the forces of change which are at work are too complicated to predict and, for the moment, everything is up in the air. Previous large-scale changes to the way we work (past industrial revolutions) may have been disruptive in the short-term. However, in the long term what happened was a transfer of labor from countryside to cities, and no lasting downfall of society.

    However, as author Calum Chace points out in his latest book 'Artificial Intelligence and the Two Singularities' this time there’s one big difference. Previous industrial revolutions involved replacing human mechanical skills with tools and machinery. This time it’s our mental functions which are being replaced – particularly our ability to make predictions and decisions. This is something which has never happened before in human history, and no one exactly knows what to expect.

    When I recently met with Culum Chase in London, he told me “A lot of people think it didn’t happen in the past, so it won’t happen now – but everything is different now.

    “In the short run, AI will create more jobs as we learn how to work better with machines. But it’s important to think on a slightly longer timescale than the next 10 to 15 years.”

    One guiding idea has always been that as machines take care of menial work (be that manual labor, augmenting the abilities of skilled professionals such doctors, lawyers, and engineers, or making routine decisions), humans will be free to spend their time on leisure or creative pursuits.

    However, as Chace says, that would require the existence of the “abundance economy” – a Star Trek-like utopia where the means of filling our basic needs - sustenance and shelter - are so highly available that they are essentially free.

    Without this happening, humans will find themselves in a situation where they have to go out and compete for whatever paid jobs are still available to humans in the robot-dominated workforce. As a simple example, a fully automated farm would, in theory, provide food at a far cheaper cost than one staffed with human farm hands, machinery operators, administrative staff, distributions operatives and security guards. However, if the owner of the farm still parts with his goods to the highest bidder, there would be inequalities in how that food is distributed among the populace and the potential for a poverty-struck underclass which lacks access to adequate sustenance. Nothing new there – of course, this underclass has always existed throughout history. However, it doesn’t exactly fit with the idea of the Star Trek utopia we need to have in place before we can comfortably hand the reigns to the machines.

    This makes it something of a “chicken and egg” problem, and the ideal way for it to play out would seemingly be a gradual and managed transition to a smart machine-driven economy. This process would involve careful oversight of which human roles were being automated, and ensuring that the “plentiful” resources are in place to support those who unfortunately do find that they are being replaced, rather than merely “augmented.”

    The problem is that this would require two elements: A concerted and informed effort from governments and regulators to understand the scale of the challenge and enable the right framework for it to happen. And an acceptance by those leading the charge – the tech industry – that there is a more important motive than profit for getting the change right.

    Neither of those seems likely to happen any time soon. Despite the “make the world a better place” ethos, big tech’s overriding aim is still to generate growth and profit for their enterprises.

    Also, managing the political change could be an even tougher job than persuading a tech CEO that she shouldn’t be focusing on revenue or profits.

    “People aren’t stupid,” Chace says, while discussing how automated driving systems look set to erode the employment opportunities for humans whose trade is driving.

    “They will see these robots driving around taking people’s jobs, and think ‘it won’t be long until they come for mine’ – and then there will be a panic. And panics lead to very nasty populist politicians, of the left or the right, being elected.”

    Chace also doesn’t believe that the concept of universal basic income – currently being trialed in some Scandinavian countries – is the right answer, or at least not in its current form.

    “The problem with universal basic income is that it’s basic. If all we can do is give people a basic income, we’ve failed, and society probably isn’t saveable.”

    A future where the majority of humans live a subsistence-level income funded by the fruits of a robotic labor force, while a “1 percent” upper class – those in control of the robots – build their empires and reach for the stars – isn’t appealing to those with an egalitarian mindset. However, it could be the direction we’re heading in.

    However, argues Chace, it’s not too late to plot a better course.

    “We’ve all got a job to do – to wake up our political leaders who are not thinking about this, and wake up our tech leaders – who seem to be deeply in denial.

    “If we do grasp the challenge we can have an amazing world for ourselves, our kids and our grandkids, a world where machines do the boring stuff and humans do the worthwhile, interesting stuff.”

    Calum Chace’s newest book, Artificial Intelligence and The Two Singularities, is available now.

    https://www.forbes.com/sites/bernard...ll-capitalism/

  18. #43
    Thailand Expat
    Buckaroo Banzai's Avatar
    Join Date
    Jun 2010
    Last Online
    03-08-2023 @ 01:50 PM
    Location
    My couch
    Posts
    5,027
    Quote Originally Posted by jabir View Post
    For Nature; do you think she cares wtf happens to us? We're special, but only to ourselves.
    Nature would certainly be better of without as . But this conversation is not whether nature will be better of without as but rather, will we be better of without jobs. And since we want to talk about nature , will nature be better of if we didn't have jobs.
    We have seen (especially here in Thailand) what poor people do to nature .
    Which brings the following idea to mind, The government collects taxes from industry, but instead of providing a minimum basic income for doing nothing, How about providing a basic minimum income for doing something, Perhaps establish a Nature Peace Core, and clean up the Planet, or helping the elderly, or teaching children, urban beautification, writing music, Painting, sculpture the list is endless , a list of available tasks can be established, from which people can choose.
    The sooner you fall behind, the more time you have to catch up.

  19. #44
    R.I.P.
    DrB0b's Avatar
    Join Date
    Dec 2006
    Last Online
    @
    Location
    ALL GLORY TO THE HYPNOTOAD
    Posts
    17,114
    Quote Originally Posted by Buckaroo Banzai View Post
    But this conversation is not whether nature will be better of without as but rather, will we be better of without jobs. And since we want to talk about nature , will nature be better of if we didn't have jobs.
    I thought the conversation was about UBI, which was never intended for nor would work as as a substitute for jobs but rather as a social safety net and a foundation for greater economic freedom.

  20. #45
    Thailand Expat Boon Mee's Avatar
    Join Date
    May 2006
    Last Online
    13-09-2019 @ 04:18 PM
    Location
    Samui
    Posts
    44,704
    Quote Originally Posted by DrB0b View Post
    I thought the conversation was about UBI, which was never intended for nor would work as as a substitute for jobs but rather as a social safety net and a foundation for greater economic freedom.
    But what happens when the money runs out?

  21. #46
    R.I.P.
    DrB0b's Avatar
    Join Date
    Dec 2006
    Last Online
    @
    Location
    ALL GLORY TO THE HYPNOTOAD
    Posts
    17,114
    Quote Originally Posted by Boon Mee View Post
    But what happens when the money runs out?
    - Deleted my reply. Post below makes it clearer than I can -
    Last edited by DrB0b; 27-03-2019 at 04:17 PM.

  22. #47
    R.I.P.
    DrB0b's Avatar
    Join Date
    Dec 2006
    Last Online
    @
    Location
    ALL GLORY TO THE HYPNOTOAD
    Posts
    17,114
    https://www.google.com/amp/s/theconv...u-think-101134

    Why universal basic income costs far less than you think
    Elizaveta Fouksman, University of Oxford
    August 14, 2018 12.23pm BST
    Want to get rid of poverty, lessen inequality and provide financial stability in a world of precarious work? Well, why not simply give everyone enough money to ensure basic sustenance?

    This is the deceptively simple solution proposed by advocates of universal basic income (UBI). Just transfer enough money to everyone, every month, to guarantee a basic livelihood. The policy is universal and unconditional (you get it no matter who you are or what you do).

    This means no bulky bureaucracy to administer the programme, or onerous reporting requirements on the poor. Nor do you have to wait to file paperwork to benefit: whether you lose your job, decide to strike out on a new career path or take time away from work to care for a family member, the money is already there.

    But the UBI movement has a major problem: both critics and even many supporters don’t understand how much the programme would really cost. To calculate the cost, most people just multiply the size of the monthly income (say, $1,000) by the population (it’s universal, after all) and – voilą – a number that seems impossibly expensive.

    But this is not how much UBI costs. The real cost – the amount of money that actually needs to be taken from someone and redistributed to someone else – is just a small fraction of these estimates.

    The key to understanding the real cost of UBI is understanding the difference between the gross (or upfront) and net (or real) cost. Here’s a simple example: imagine a room with 15 people who want to set up a UBI for the room of $2 per person. The upfront cost of the policy would be $30. The ten richest people in the room are asked to contribute $3 each towards funding it. After they each put in $3, raising the total $30 needed, every person in the room gets their $2 universal basic income. But because the ten richest people in the room contributed $3, and then got $2 back as the UBI, their real, net contribution is in fact $1 each. So the real cost of the UBI is $10.

    Estimates that just multiply the size of the UBI by the population of a country do the equivalent of claiming that the cost of UBI in the room above is a whopping $30. But the real cost in this scenario – the money redistributed from the wealthy – is only $10.

    The billionaire’s dilemma
    It’s important to understand who will be gaining money through a UBI and who will be contributing to it. The common mistake is to double count the net contributors. Yes, they get a UBI, but in contributing to the UBI pot they first return their UBI, and then throw in some money on top of that. So it’s incorrect to count them when calculating the true UBI cost.

    This is a fundamental point that often gets missed: those that are taxed to pay for the UBI will get some of that cost back – by getting their UBI. You can also think about it in reverse: while the UBI goes to everyone, the rich in effect give it back in the first chunk of taxes they pay, so you don’t need to count their UBI in cost estimates.



    This also resolves UBI’s “billionaire’s dilemma” – why give someone like Bill Gates a basic income? The answer is that Gates would simply return that UBI through his taxes – and help pay for others. But if Gates becomes suddenly destitute, the UBI will still be showing up for him to use every month. And since his tax bill will drop, he’ll become a net beneficiary rather than contributor.

    True costs
    Any UBI estimate that just multiplies the size of the UBI by the population is a red flag that the cost has been over-inflated. A true cost estimate will always discuss who the net beneficiaries will be, who the net contributors will be, and the rate at which we gradually switch people over from being beneficiaries to being contributors as they get richer (this is sometimes called the claw-back rate, the withdrawal rate or the marginal tax rate – which is not an overall tax, but simply the rate at which people start to return their UBI to the communal pot as they earn more).

    Cost estimates that consider the difference between upfront and real cost are a fraction of inflated gross cost estimates. For instance, economist and philosopher Karl Widerquist has shown that to fund a UBI of US$12,000 per adult and US$6,000 per child every year (while keeping all other spending the same) the US would have to raise an additional US$539 billion a year – less than 3% of its GDP. This is a small fraction of the figures that get thrown around of over US$3 trillion (the gross cost of this policy). Karl’s simplified scheme has people slowly start contributing back their UBI in taxes to the common pot as they earn, with net beneficiaries being anyone individually earning less than US$24,000 a year.

    This point still holds if you’re raising money for UBI from other sources than income or wealth taxes. If you use a corporate or data tax, or a natural resource or carbon tax to finance a UBI, you are still redistributing money that would otherwise ultimately be profits that go to Google shareholders or BP executives. And you’re taking less away from them than you would think – because they too get a UBI. So the money they end up losing through the new tax is offset by the UBI they receive. The same holds if you’re paying for a UBI by reshuffling your budget.

    Some people get confused and question whether UBI is really universal if only a portion of the population actually ends up with extra income, while another portion pays for it. But any policy that is universal yet redistributory works this way. Public transit, roads and schools are all universal benefits, but some people pay a lot for their funding through their taxes, while others enjoy them for free or at a lower cost.

    In light of the huge benefits available from a UBI, it’s a waste of time to argue over wildly inflated cost estimates. The numbers are out there – we can pay for a basic income.



    Elizaveta Fouksman
    Leverhulme Early Career Fellow, University of Oxford
    Liz Fouksman receives funding from the Leverhulme Trust, and has been funded by the Berggruen Institute and the Ford Foundation.

    University of Oxford provides funding as a member of The Conversation UK.
    The Above Post May Contain Strong Language, Flashing Lights, or Violent Scenes.

  23. #48
    Thailand Expat Boon Mee's Avatar
    Join Date
    May 2006
    Last Online
    13-09-2019 @ 04:18 PM
    Location
    Samui
    Posts
    44,704
    Believe we're back to 'Give a man a fish & he'll eat for a day...'

    Society will always have poor. There are folks who are just natural-born slackers and it wouldn't take too long for those who get up every morning and go to work and observe their neighbor idling his time away for the 'social construct' to break down.

    There's an incentive to get off welfare but with UBI there isn't.

  24. #49
    Heading down to Dino's
    bsnub's Avatar
    Join Date
    Jun 2009
    Last Online
    @
    Posts
    35,425
    Quote Originally Posted by Boon Mee View Post
    There's an incentive to get off welfare but with UBI there isn't.
    As usual you are missing the point. The reason that UBI is being discussed it that automation is going to wipe out millions of jobs in the short term future. There will not be enough jobs for people to transition to other industries. But then again you live in a fake news bubble so it is no surprise that you have no idea of what is about to happen.

  25. #50
    Thailand Expat
    Buckaroo Banzai's Avatar
    Join Date
    Jun 2010
    Last Online
    03-08-2023 @ 01:50 PM
    Location
    My couch
    Posts
    5,027
    Quote Originally Posted by Boon Mee View Post
    But what happens when the money runs out?
    Why should the money run out? You might laugh but it is a legitimate question.
    I read that the wealth of the top 2% can end world hunger seven times over, how about we end world hunger only once over,and they still remain fabulously wealthy.
    The truth of the matter is that wealth will still be generated after some humans are removed from the production cycle, otherwise why would anyone introduce automation if it will make them poorer???
    Corporations introduce automation to become wealthier, not poorer!!

Page 2 of 5 FirstFirst 12345 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •