> we need future wage earners to exist. If people don't have jobs, who is buying the goods and services
When you travel around the world, you often see jobs that exist in one country but not in another, for multiple reasons but including automation or self-serve, etc.
It is impossible for us to be confident about what specific jobs (or activities) humans will do 15+ years, but we also know that people need a way to exchange something of value to get something of value and that jobs provide a sense of purpose that people might otherwise not know how to fill.
...which swaps the font for monospace (less legible for body text in my experience, my eyes start just glazing over) and swaps the images and diagrams for ascii art (or in some cases omits them entirely).
There’s a comfortable middle-ground to be had between the two options.
> Society should be aiming to provide the entire hierarchy of needs for everyone.
I don’t know. Society should provide the framework within which people can achieve their needs (and wants), but not the needs and wants themselves directly.
Otherwise you put an artificial cap on human growth and inefficient allocation of resources.
> Stock price going up is not the success criterion for a business. Making money is.
Microsoft’s net income is up roughly 5.4x from ~$22B in 2014 to $119B today. Profit margin also expanded, from ~25% net margins in 2014 to over 36% today.
RISC good. CISC bad. But CISC tribe sneaky — hide RISC inside. Look CISC outside, think RISC inside. Trick work long time.
Then ARM come. ARM very RISC. ARM go in phone. ARM go in tablet. ARM go everywhere. Apple make ARM chip, beat x86 with big club. Many impressed.
Now ARM take server too. x86 tribe scared.
RISC-V new baby RISC. Free for all. Many tribe use. Watch this one.
RISC win brain fight. x86 survive by lying. ARM win world.
None of these thinkers predicted industrialization as a systemic economic transformation such as rising wages, urbanization, demographic shifts, the factory system.
They all saw the machines but not the world those machines would create. That leap seems to have been unpredictable from within an agrarian mental framework.
through out history many people recognised the idea of disruptive technology and ideas
as a threat, just as they do today, and that is why change periods are called "revolutions".
And then as now, the "thinkers" ha!, are predicting that they can hold back the tide by evermore brutal mindless violence on a population that can see the hand in front of there face, the genie is useing the lamp to roast up a few status "crows" for lunch.
yum yum.
For some reason we’ve put intelligence on a pedestal, but intelligence is a commodity. There are intelligent people all around me. Surrounded by people more intelligent than I am.
Intelligence is a functional thing, but humanity is a much bigger concept.
Life experience, determination, character, compassion, generosity, wisdom, etc. These are super human powers, not intelligence.
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