• 6 Posts
  • 198 Comments
Joined 1 year ago
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Cake day: January 12th, 2024

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  • I agree with you that AI will probably replace a lot of white-collar jobs by 2035, which is not that far away, and it will necessitate political change.

    I also consider that UBI (Universal Basic Income) is probably the most natural way forward. It pays a constant amount to each person per month, based on money collected through a wealth tax. It does not have to be implemented all-at-once, but can be gradually introduced. I.e. only provide $200/(person*month) in the beginning, and then continuously scale up as needed.


    The wealth tax is needed simultaneously because the money has to come from somewhere. Printing money anew is not great because it leads to steep inflation.







  • No shit sherlock.

    But the decline in real (inflation-adjusted) wages is a broader phenomenon and not constrained to gig-works, and that’s what deserves attention.

    Background:

    For years, inflation has been under-reported. Inflation should be measured mostly based on food-items, as the production methods don’t change over time in these areas, so prices there (inflation-adjusted) should stay constant. But if you look at official inflation rates, they are much lower (approx. 1% annually). Since wages barely keep up with official inflation, they fall behind on “food”-inflation. And that principle is basically at the core of the current “cost-of-living”-crisis.

    The basic issue is that wages are dropping because progress is ending. Progress creates demand for human labor, and that keeps wages up. Since progress worldwide is slowing down, that depresses wages. That’s why we need fundamental reform, or revolution.

    Or we need to find new progress. I’m all for mars settlement btw, just that many people here can’t imagine it happening (yet). But we’ll see.









  • I think the mistake you’re making here is that you’re comparing living conditions as they are today.

    When you conceive a child today, however, that child is gonna be sentient over a timespan of maybe 80 years, with a significant part of that being decades in the future.

    You can guess now that it doesn’t matter how the living conditions today are. It matters how the living conditions in the next decades are going to be.