- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How far do you think we are from a major worker’s revolution in America?
Posted on 4/17/18 at 10:23 am to RealityTiger
Posted on 4/17/18 at 10:23 am to RealityTiger
quote:
Inflation has been almost non-existent in the U.S. for over a decade.
Ok, Donald Trump
CPI has increased at roughly 2% per month since the middle 90's.
Consumer Price Index chart
2008 is a red herring year where some months showed a 5% increase in CPI
Inflation has lulled americans to sleep all while salaries have remained flat.
There's this old analogy, if you drop a frog in boiling water he will try to hop out. if you place the frog in a pot prior to turning on the heat, he will hardly notice he's being slowly boiled alive.
This post was edited on 4/17/18 at 10:25 am
1
Posted on 4/17/18 at 10:25 am to 225bred
Your understanding of illegal workers depressing wages is a fantasy. Your understanding of how illegal immigration typically works is an even bigger fantasy. And the biggest fantasy of all is the idea that some wall would work to be effective in any possible scenario.
Posted on 4/17/18 at 10:25 am to Peazey
Posted on 4/17/18 at 10:27 am to Peazey
quote:
Your understanding of illegal workers depressing wages is a fantasy
Posted on 4/17/18 at 10:30 am to Pilot Tiger
quote:
feeding the facts of a criminal case to an AI and having it adjudicate a trial
are we going to trample on the constitution to do this?
Posted on 4/17/18 at 10:31 am to Jim Rockford
quote:
Machines will design, build, and service other machines. Machines will automate much if not all of law, medicine, architecture, etc. Machines are on the verge of being able to paint pictures, write novels, write and perform music. What exactly will humans do in this new environment? Nobody has figured that out. Innovation has always created more, different jobs. That paradigm may not hold in this revolutiion.
Well, there is a positive side effect. Labor prices would decrease. Also, as the machines produce materials more efficiently, supply is increased and meets demand, dropping prices of the product. So while individuals are hurt in the pocketbook as a producers, they are helped as consumers. We can then use the money we saved from these industries to invest in other industries, materials, food, entertainment, traveling, retirement, etc.
Posted on 4/17/18 at 10:31 am to NIH
quote:
feeding the facts of a criminal case to an AI and having it adjudicate a trial
are we going to trample on the constitution to do this?
Definitely a lot of Chicken Littles in this thread
Posted on 4/17/18 at 10:31 am to Tigeralum2008
quote:
if you drop a frog in boiling water he will try to hop out. if you place the frog in a pot prior to turning on the heat, he will hardly notice he's being slowly boiled alive.
This is an excellent quote, considering the subject of the thread.
This post was edited on 4/17/18 at 10:34 am
Posted on 4/17/18 at 10:34 am to Tigeralum2008
quote:
Definitely a lot of Chicken Littles in this thread
He brought up the hypo.
Posted on 4/17/18 at 10:37 am to TDcline
The singularity will be upon us before you know it. You blue-collar baws better get with the times or else you'll be out of work when an AI can do your job 8000X more efficient than you can.
This post was edited on 4/17/18 at 10:41 am
Posted on 4/17/18 at 10:43 am to YungFO
quote:
The singularity will be upon us before you know it. You blue-collar baws better get with the times or else you'll be out of work when an AI can do your job 8000X more efficient than you can.
It's not the blue collar baws that should be worried. Most of what can be automated in their world already has, because it was the easiest to automate.
It's the average cubicle worker that should be scared.
Posted on 4/17/18 at 10:44 am to kadillak
True but you need a pay check or source of income to become a consumer. IMO, the market can only handle so much automation because the same market has to create producers to create consumers. I personally think the future will be bright for humans. AI is not near as advanced as most believe, at least AGI isn’t. Humans will still be needed in the market as producers for a very long time. Our roles will change in the process but we will still be needed.
Posted on 4/17/18 at 10:48 am to Crowknowsbest
quote:
We're talking about a world where we have literally created a smarter, more capable, and less mistake prone alternative to the average American person. I'm not sure you could create an industry where the more expensive and less effective alternative is a more efficient option.
They were writing the same thing when the computer revolution in business started in the 1950s. More and more business functions being done faster and more accurately replacing the many workers previously required to do the same job. Entire new industries and careers were created, same thing will happen again.
This post was edited on 4/17/18 at 10:50 am
Posted on 4/17/18 at 10:51 am to 225bred
quote:
Kick out the fricking illegals and build the wall.. stop importing low skilled workers.. and watch wages go up. It's not rocket science.
Low skilled workers will always be low paid workers, no matter where they come from or what their status is. You think some farmer is gonna pay top dollar to a guy picking strawberries because they're American?
Posted on 4/17/18 at 10:52 am to NIH
quote:
are we going to trample on the constitution to do this?
We've not had a problem doing it in general for the last decade or two.
Posted on 4/17/18 at 10:53 am to hottub
quote:
True but you need a pay check or source of income to become a consumer. IMO, the market can only handle so much automation because the same market has to create producers to create consumers. I personally think the future will be bright for humans. AI is not near as advanced as most believe, at least AGI isn’t. Humans will still be needed in the market as producers for a very long time. Our roles will change in the process but we will still be needed.
Entirely correct. So when we are able to save money on the materials that machines have taken over, we can use that to buy into other industries or create/spin-off our own and create more jobs to replace those lost. And it gives us more money to properly invest in retirement so that, in turn, we can work fewer years and retire, opening up those jobs for others. If we are smart.
Posted on 4/17/18 at 10:59 am to kadillak
From Time Magazine 1965
"Men such as IBM Economist Joseph Froomkin feel that automation will eventually bring about a 20-hour work week, perhaps within a century, thus creating a mass leisure class. Some of the more radical prophets foresee the time when as little as 2% of the work force will be employed, warn that the whole concept of people as producers of goods and services will become obsolete as automation advances. Even the most moderate estimates of automation’s progress show that millions of people will have to adjust to leisurely, “nonfunctional” lives, a switch that will entail both an economic wrench and a severe test of the deeply ingrained ethic that work is the good and necessary calling of man."
"Men such as IBM Economist Joseph Froomkin feel that automation will eventually bring about a 20-hour work week, perhaps within a century, thus creating a mass leisure class. Some of the more radical prophets foresee the time when as little as 2% of the work force will be employed, warn that the whole concept of people as producers of goods and services will become obsolete as automation advances. Even the most moderate estimates of automation’s progress show that millions of people will have to adjust to leisurely, “nonfunctional” lives, a switch that will entail both an economic wrench and a severe test of the deeply ingrained ethic that work is the good and necessary calling of man."
Posted on 4/17/18 at 11:38 am to Ross
quote:
The people (i.e. the market) should correct to the reality that college is costing significantly more money and time than it is worth for a large number of people in various studies.
Trade school needs to make a comeback. There is money and opportunity to be made in jobs that today's teenagers and people in their early 20s were often told in childhood are "nasty jobs".
All of this. And nursing, medical imaging, etc. Liberal arts schools are failing kids. They are learning all about being SJWs, but come out of school with a mound of debt and no marketable skills. I decided a long time ago to try and teach my kids about all of the options that are out there and not push them down the 4-year degree track, especially if they get to be 18 and still have no idea what they want to do. Sometimes it's best to take a few years, work and learn (and maybe learn what you absolutely DON'T want to do).
Posted on 4/17/18 at 11:59 am to LSURussian
W R O N G
Posted on 4/17/18 at 12:12 pm to TROLA
quote:
We a have concentrated wealth at the top problem.. how we get that money injected into our domestic workforce is the issue.. bill gates and warren Buffett are more concerned with foreign yet noble charities.. we need those billions invested domestically.. to many hedge fund billionaires that move money around with little positive affect on the middle class.. the difficulty is staying true to capitalistic values while having that money work for middle America..
It's pretty obvious where the wealth is going:
Top 20% of Americans Will Pay 87% of Income Tax
Households with $150,000 or more in income make up 52% of total income nationally but pay large portion of total taxes.
Page 4 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News