Marc Faber: A revolution is coming soon.

Quote from Bob111:

i agree,but gvt won't listen..reaction is known already..one word about cutting future increases in teacher's salaries from 6% to 4% every single year created a s**t storm in some states.
if they can't accept 2% cut of their future salary-imagine what will happens,if someone would talk about 50% cut of gvt workforce.

The teachers aren't the problem, the military-industrial complex is.
Throw the lobbyists out and the problem would be solved in a week, that assumes some honesty on the politicians side so I'm confident it won't happen.
 
Quote from d08:

The teachers aren't the problem, the military-industrial complex is.
Throw the lobbyists out and the problem would be solved in a week, that assumes some honesty on the politicians side so I'm confident it won't happen.

They'd BOTH part of the problem.
 
Quote from LEAPup:

Didn't last more than a few minutes sadly. Clinton was a shitbag, but at least knew how to keep the smell down with lies. Ocommunist doesn't even care. He should be in a prison cell vs destroying MY Country! After all, I bled for it as a US Marine. Ocommunist is a Muslim who invites terrorists to the White House, and I offered my life to keep to keep the integrity of the US Constitution in place...

Too bad all the parasites didn't do a hitch. Even if they never faced combat, they'd have a different appreciation for their country. Yeah, if you ever served in the military, you really gotta HATE Odumbo!!

I've always thought mandatory military service for all able-bodied citizens was a good idea. Many other countries have it still.

My military service didn't hurt me one bit. In fact, the military was a unique experience. Who knows... without the Air Force, I might never have seen Albuquerque!

(Geez David, you never told me you were wounded. Were you awarded a Purple Heart? My dad was wounded in WWII.)

:(
 
Quote from logic_man:

I've been coming around to the conclusion that the endgame is going to be something like the owners of the robots being forced to provide a guaranteed annual income to the masses of labor-sellers who can't sell their labor in a world where robots are massively more capable than the average worker. The alternative is going to be 50% unemployment rates. 50% of people will still lack work, but they will not lack income, at least at some minimal level.

Although I am in principle against this, the dynamics of modern society do seem to favor this outcome.

However, I think that capital owners, i.e. the people who own all the robots, will push back and demand some concessions in return for providing this income. I think that one of the biggest concessions they will demand is that if you are taking the income, you can't reproduce or you will get additional income for not reproducing, which will be the opposite of what used to happen under the old welfare entitlement. Fortunately, the experience learning from that can be applied to designing any new system.

Put simply, there isn't enough work to go around, at least not at the skill levels that exist among large segments of the population. If you've got an IQ less than 120, you will, from this day forward, be under constant pressure from robots replacing your labor with their capital. People with 150 IQs in robotics labs are designing a world where people with lower IQs than that are basically unnecessary.

robots taking over jobs is laughable. Not because it is technically hard to do, it is because the cost will never justify such a replacement.

What lot of people do not understand is technology was always there, even the robot technology has been around decades but it is the cost that matters and that my friend will hardly come down.

we don't need technology we need technology that makes things cheaper.
 
Back
Top