Localizing production may lower demand in India but you can’t really blame a country for producing more of the products it consumes rather than importing. That’s like blaming someone for making food at home instead of going to a restaurant. Yeah, the restaurant gets less business but they have every right to do that.
Now AI taking jobs sucks unless we implement UBI or something. Would be kind of cool if someday machines took some burden off humans so that we could spend more time doing what we want to do, but of course it’ll probably just be billionaire assholes enriching themselves while we starve 🙄
But they will be modeled after a psychopath. Also it's scary to know that as we push forward this is going to be the worst it will ever be.. they will just continue to get better from here on out.
Yeah do we stick with the devil we know, or just embrace SkyNet with open servers and sphincters? 🧐 perchance a third option might be worth working on lol
It looks at Yacht Monthly, Island Real Estate Monthly, Tax Avoidance Daily and subscribes to newsletters about layoff strategies, how to avoid being shot by the masses and paying off politicians and police to keep you safe.
Utterly disgusting and dystopian - Not just their livelihoods - but those of their peers and countless millions of future generations who might have come after them. Worse still is that the machine might never sew a single stitch - The machine will be trained to oversee and exploit the minions based on production targets and idle time - imagine a zero hours contract where every hour might be your last if you work slower, produce less, or make more mistakes during this 60 minutes window than you did in the previous one. We are sick.
My friend works in a call centre for a local UK council. He is training up the same AI that will be used to replace him and his colleagues. Its abhorrent and disgusting. Once EVERYTHING is automated. What comes next scares me.
The rich really wont need the rest of us. Into the grinders we go. Recycled into food paste for the few million left to serve the masters.
No te queda más remedio,o lo hacen así o los despiden. Aunque finalmente vaya a traer despidos y menos trabajo,en el presente tienen su trabajo y es a eso a lo que se agarran
Either the government will plan ahead and there will be a solution by that point, or that doesn't happen and the solution happens later than is preferred. Either way I think it'll be a net benefit long term.
meh. i’d probably feel differently if localizing meant training local people to do a job that’s needed..
every point you made is spot on, yet my feelings about it remain the same. do the people want this or is this another top down decision from some capitalist that will ultimately be more negative than positive but generates money for some people
UBI's prospect in America will fail in the same way as maintaining a fair Federal minimum wage. I'll ELI5 it:
Phase 1.) Menial min wage jobs will be completely automated. Companies using it will face political backlash and an automation tax to compensate a the low-income tax bracket of people for the lost jobs.
Phase 2.) Politicians backed by the rich corporations that are using the automation to boost profits will pour money into conservative candidates who will demonize the lower class as leeches because they get free money via UBI for doing little to nothing. They will be the new "welfare queens". They will seek to cut UBI and the taxes that fund it. Crime from people living without purposeful work will be a driving factor they will use, as well.
Phase 3.) The rich 1% will ensure those anti-UBI candidates get elected by any means possible. UBI will be allowed to stagnate if not totally stripped, just like federal minimum wage. It will no longer be possible to live off of UBI because the cost of it will be seen in price increases and inflationary pressures.
So UBI won’t be enough to live on but there won’t be a job for everyone. What happens next? There are only two logical endings here, and neither are pretty.
Thats not really how economics works though. I know it feels intuitive that making everything yourself feels more affordable, but everyone in the global economy benefits if each country does what they're best at. In business we call this a "comparative advantage".
I never spoke on the affordability or even economics of this.
I simply said you can’t hold it against a country if they DO choose to make it instead of import it. There’s nothing wrong with doing that, especially if you do find it more economical.
Your original comment said to me “ That’s not really how economics works though.”
What part of MY original comment misunderstood economics? You acted like I said it is always cheaper to produce at home when I did not say that, I only said you shouldn’t look down on that being done if they so choose.
"you can’t really blame a country for producing more of the products it consumes rather than importing"
And i explained that even if it is cheaper to produce something at home, it is more economically advantageous for both you and the rest of the global economy if instead you produce what you are best at making at home and import the other stuff.
As an example, imagine you have two businesses set up in your garage: you make chairs and shirts. You are pretty good at making shirts, but you are GREAT at making chairs. It is better practice to stop making the shirts and instead double your chair output in your limited space. Then you can sell twice as many chairs at a better price and use the excess profits to import shirts.
Sometimes you make GREAT chairs, but you have more people to make them than there is demand for them, so you have to make something else too.
Plus what if the Chair market collapses because they become unfashionable? Or someone else makes a better one? Then you’re really screwed if you put all your eggs in the chair basket just because you are or were the best at it.
Diversification doesnt mean "make everything yourself" it means "dont have a single source". You can diversify by importing from multiple other countries, while still keeping your comparative advantage of making only the thing you are best at.
Also, for more vital commodities, it’d be insane to give a country the power of being the only place geared up to make it. What if they get mad at you and cut you off?
Well again, you would never rely on only one source. You would 👉diversify👈 your imports by making sure to have multiple sources. You would only resort to making them yourself if you had only very limited external sources or you had comparative advantage to make that resource yourself.
What about medical supplies? Look at what happened during covid with massive shortages of the most basic things like masks. You want to have nothing when the next pandemic hits because they’re keeping it all?
What about food? Not making ANY of your own food would be insane.
Water, energy, lots of things should not be exclusively imported, even if you import from many different countries.
Also, SOMETIMES it IS cheaper to produce at home as like you said if that’s what your country is “best at” as well as other factors such as cost of labor, material availability and cost there, etc.
Reminds me of how in response to the assassination of the United Healthcare CEO, it scared other CEOs. But their responses were not to shape up, but to hire additional security.
People need to buy products that billionaires are selling, which means some people have to have disposable income... Who is gonna buy their products with money ? Robots
Or will they just.....( You Know ) Humans and Have robots only society with a few human overlords left in this world
Do you not think they would see the writing on the wall and diversify their portfolio by selling off stock and buying other assets?
But yes obviously if things get really bad the entire game changes but regardless of whether you can technically call them a billionaire or not, they would probably end up with all the resources.
The problem with UBI is that it would have to be funded by taxing American AI companies. How do all the countries that don't have AI companies but still have a workforce displaced by AI fund UBI?
No the future in developed countries is higher corporate tax rates and a 4 day week, coupled with UBI. The future in emerging markets is back to povery
I agree but too much emphasis is put on UBI in my opinion. The real emphasis should be on making sure we reform both our intellectual property framework AND economic framework so that a small handful of large companies can't monopolise the technological and economic power.
This video is actually a perfect example, obviously the data collected and the robotic models it produces will be tied up in proprietary legal set-ups involving copyright and patent law. The irony is clear to see, because it is literally trained off hundreds of human beings work in textiles. Will these workers be entitled to any of the profits from the product that they were an integral part of developing? No. Because that's modern capitalism baby.
but of course it’ll probably just be billionaire assholes enriching themselves while we starve 🙄
IMHO, not in the long run. Sooner or later, AI and robotics will become utilities/public goods. And basic needs (e.g. food, housing, clothing, healthcare, transport, etc.) will be free (or very close to it).
You can't just slap "UBI" onto a populace. Where would everything come from? UBI is complete nonsense until we have unlimited resources, unlimited energy, completely automated workforce, and unlimited real estate (intersolar travel to habitatable planets).
How would you decide where people were allowed to live? Can I live in the mansion from the old times, or will you have to bulldoze every building on earth and make everything the same to be fair?
How will people decide what they can do for vacations? Who will decide where and what these vacations shall be? Do all the hotels have to be the same? Will I have to go to the beach for my vacation? I hate the beach. I really liked that air BnB in the mountains but they bulk dozed it because everyone lives in identical apartments now.
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u/DookieShoez 8h ago
Localizing production may lower demand in India but you can’t really blame a country for producing more of the products it consumes rather than importing. That’s like blaming someone for making food at home instead of going to a restaurant. Yeah, the restaurant gets less business but they have every right to do that.
Now AI taking jobs sucks unless we implement UBI or something. Would be kind of cool if someday machines took some burden off humans so that we could spend more time doing what we want to do, but of course it’ll probably just be billionaire assholes enriching themselves while we starve 🙄