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Doncarlo
How Money Works
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Comments by "Doncarlo" (@doujinflip) on "" video.
Meanwhile I work in the "blue collar" lower levels of the OSI stack, turning wall sockets into the internet, and am essentially safe from AI replacement for the foreseeable future. Practically no automation tool is trusted on its own with planning exact equipment layouts, pulling cable runs, and configuring the network's unique access policies (especially since real-world firewall rules are rarely published for an AI to train on). And I do this with a degree in Sociology. Turns out in an information network that humans are its weakest link, so there's cybersecurity and UX opportunities for as long as there's a PEBKAC to resolve.
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@contradictorycrow4327 It might not follow the script's arrangements and actions, but the underlying attitudes are there.
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The way I see it, there are actually three different economic "character stats" to arrange: Production: Communism ←---→ Capitalism Distribution: Libertarianism ←---→ Socialism Policymaking: Despotism ←---→ Democracy Nationalizing an industry is public ownership through the state, which is the main idea behind Communism. Although how those products and services are distributed, and how these decisions get made, are different questions to tackle.
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@memerthedealer That's only if you'd try to implement UBI as a full substitute to a paycheck. More realistically UBI would be a supplement where the recipients are free to choose what to spend it on, and figure out how to make up the shortfall of funds on their own while UBI sources eventually develop and grow in revenue.
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12:18 "Optimistic ideas about Universal Basic Income or capital reallocation might work, but they will cost a lot of money, a lot of money that will be hard to get without significant new taxes. Unfortunately, the same people who stand to benefit the most from a fully automated future would also be the biggest targets for those taxes." So basically this is the Luddites all over again. (Luddites weren't actually scared of factory technology as much as their owners instituting dehumanization and abuse of labor.)
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@pcs5852 Electricity and running water isn't served by the free market. Any natural monopoly requires government oversight if not administration to actually work as promised. Hence why the debate over healthcare, where buyers face an insurmountable knowledge asymmetry and often time urgency when medical necessities arise, so have no real leverage in choosing providers and negotiating prices.
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