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This is going to be very interesting to watch. We are going to see a shifting of jobs in the coming years. We're seeing a drop in workers and population. With automation and AI you're going to see those jobs get filled with machines. It is certainly possible we could eventually program and automate every single job in the world and at that point the robots are doing everything from mining to refinement to transportation to manufacturing and maintenance. We're already programming these machines to do self diagnosis, ordering replenishment and before long they'll be doing field repairs too. Once we automate everything from resource gathering to end of life recycling its only a matter of connecting those systems together before humans are completely unneeded.
You can't have a society of ONLY consumers because those consumers need a way to get paid in order to consume. SO we'd better hope somebody programs the need to make room for humans and they don't start to look at us as a cause of corrosion ?
This is why UBI will have to happen or everyone starves. There will need to be a tax on automation, the corporations won't be able to just pocket the savings of replacing everyone with robots, because no one will be able to buy the goods they sell.
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Alpine Warthog

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This is why UBI will have to happen or everyone starves. There will need to be a tax on automation, the corporations won't be able to just pocket the savings of replacing everyone with robots, because no one will be able to buy the goods they sell.
We already have UBI. Replace "UBI" with welfare. UBI already exists for anyone that wants it. How many people do you see living off of welfare alone? Even when you have able bodied people just sitting around on welfare. (No, I DO realize there are people that need it, but there are reforms needed and that's for a different conversation) The temptation to become subsidized consumers. They don't want to work because they'll lose welfare. So there's no reason to work or come off, you just get used to living at that level. Especially when you have housing and a free cell phone on top of that.

They are riding the backs of those of us that are still producing. What happens when there are no producers?

1984 and Atlas Shrugged are coming around faster than I imagined
 

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Yeah, the big three should easily be able to replace these unskilled workers. It's not even really a strike because they have so many people lined up ready to do these jobs for less. ?‍♂
All those people that got hired in for less are the ones screaming the loudest right for more pay.
 

Deleted member 57233

We already have UBI. Replace "UBI" with welfare. UBI already exists for anyone that wants it. How many people do you see living off of welfare alone? Even when you have able bodied people just sitting around on welfare. (No, I DO realize there are people that need it, but there are reforms needed and that's for a different conversation) The temptation to become subsidized consumers. They don't want to work because they'll lose welfare. So there's no reason to work or come off, you just get used to living at that level. Especially when you have housing and a free cell phone on top of that.

They are riding the backs of those of us that are still producing. What happens when there are no producers?

1984 and Atlas Shrugged are coming around faster than I imagined
Max welfare around here is $240 a week. A studio apartment is $1000/month. People aren't choosing to live like that.

Welfare isn't UBI. UBI is whatever it takes to live a middle class life, and it's fully attainable once I automate all your jobs
 

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Max welfare around here is $240 a week. A studio apartment is $1000/month. People aren't choosing to live like that.

Welfare isn't UBI. UBI is whatever it takes to live a middle class life, and it's fully attainable once I automate all your jobs
My job will be automated once yours is. The next question is, what do we do once that's a thing? Say we all have nothing to do and no wants? Who decides what I want? Do you want to live on 100 acres in the woods? Or are you a 15 minute city type who's happy with a smart car you get to share with everyone else that lives in your highrise? How do I get more than my UBI so that I can buy the DANA 60s, lockers and gears and 40s that I want under my 30 year old gladiator? Take away my means of production and then you start thinking you can dictate what I deserve and what I want. Where was that tried already? Oh That's right, the USSR.... how well did that go?
 
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glovesf15

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Max welfare around here is $240 a week. A studio apartment is $1000/month. People aren't choosing to live like that.

Welfare isn't UBI. UBI is whatever it takes to live a middle class life, and it's fully attainable once I automate all your jobs
$1000/month? More like $2000/month. That's what californication gets you.
 

Deleted member 57233

How do I get more than my UBI so that I can buy the DANA 60s, lockers and gears and 40s that I want under my 30 year old gladiator? Take away my means of production and then you start thinking you can dictate what I deserve and what I want. Where was that tried already? Oh That's right, the USSR.... how well did that go?
That is up to you. What can you provide that automation doesn't? You'll get your UBI and whatever you make on top of it. Pull on them bootstraps and you'll be alright
 

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The focus on CEO compensation always strikes me as odd. I don’t know if the Individuals deserved it or not in any given year, but it’s usually tied to the stock price of the company and other performance targets, not guaranteed, and mostly not in cash.

Compare the auto CEOs pay to what we pay entertainers and athletes without much bitchin‘ and moaning. The NFL is by no means the highest paying pro sport, but it is the season ….so I took a look. The highest comp of the 3 auto CEOs ($30mm, GM) would place them right around #20 of the top paid NFL players.

I’m just saying that the CEO of Stellantis seems a lot more important day-to-day to a lot of people’s lives than say Larmay Tunsil , LT of the Houston Texans, both at $25mm with contingencies. (Sorry Laramy, nothing personal, you deserve it too).
 

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The focus on CEO compensation always strikes me as odd. I don’t know if the Individuals deserved it or not in any given year, but it’s usually tied to the stock price of the company and other performance targets, not guaranteed, and mostly not in cash.

Compare the auto CEOs pay to what we pay entertainers and athletes without much bitchin‘ and moaning. The NFL is by no means the highest paying pro sport, but it is the season ….so I took a look. The highest comp of the 3 auto CEOs ($30mm, GM) would place them right around #20 of the top paid NFL players.

I’m just saying that the CEO of Stellantis seems a lot more important day-to-day to a lot of people’s lives than say Larmay Tunsil , LT of the Houston Texans, both at $25mm with contingencies. (Sorry Laramy, nothing personal, you deserve it too).

That's a very interesting comparison, NFL player pay vs large corporate CEO. I think LeBron James might be the highest paid in American sports. Maybe some of these ceos need to start preaching about America's problem with systemic racism as an offering the gate keepers.
 

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The focus on CEO compensation always strikes me as odd. I don’t know if the Individuals deserved it or not in any given year, but it’s usually tied to the stock price of the company and other performance targets, not guaranteed, and mostly not in cash.

Compare the auto CEOs pay to what we pay entertainers and athletes without much bitchin‘ and moaning. The NFL is by no means the highest paying pro sport, but it is the season ….so I took a look. The highest comp of the 3 auto CEOs ($30mm, GM) would place them right around #20 of the top paid NFL players.

I’m just saying that the CEO of Stellantis seems a lot more important day-to-day to a lot of people’s lives than say Larmay Tunsil , LT of the Houston Texans, both at $25mm with contingencies. (Sorry Laramy, nothing personal, you deserve it too).
And you think the Stellantis CEO is rocking it and having a major impact on profits and stocks? I don't, the only reason I am not onboard. More crony capitalism if you ask me. I think wages should be tied to profits, company those on the floor and CEO. If what I hear that they are making large profits they should share some of that back.
 

Deleted member 57233

The focus on CEO compensation always strikes me as odd. I don’t know if the Individuals deserved it or not in any given year, but it’s usually tied to the stock price of the company and other performance targets, not guaranteed, and mostly not in cash.

Compare the auto CEOs pay to what we pay entertainers and athletes without much bitchin‘ and moaning. The NFL is by no means the highest paying pro sport, but it is the season ….so I took a look. The highest comp of the 3 auto CEOs ($30mm, GM) would place them right around #20 of the top paid NFL players.

I’m just saying that the CEO of Stellantis seems a lot more important day-to-day to a lot of people’s lives than say Larmay Tunsil , LT of the Houston Texans, both at $25mm with contingencies. (Sorry Laramy, nothing personal, you deserve it too).
CEOs can be automated. Left tackles can't lol.

A CEO just takes all the input from the execs and advisors and makes the decisions that will increase stock price. An algorithm could do it better.
 

ecidiego

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CEOs can be automated. Left tackles can't lol.

A CEO just takes all the input from the execs and advisors and makes the decisions that will increase stock price. An algorithm could do it better.
Business is conducted on the golf course. No one is going to play golf with a LLM terminal.
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