Your job cannot be automated? Then you need to worry!

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One of the greatest labor force changes of the 20th century was the movement of workers out of farming. In 1900, more than two out of five workers were in agriculture. Now it is less than two workers out of every 100.

It’s not that people stopped eating. Rather, farm machinery and innovation increased the amount of food that could be produced per farm worker by more than a factor of 10 . Food got cheaper and that got people to buy more food, but not 10 times as much. The end result has been fewer jobs in […]

How Artificial Intelligence Is Edging Its Way Into Our Lives

How Artificial Intelligence Is Edging Its Way Into Our Lives

Artificial intelligence is here. Robots were shown off recently at CES, the world’s largest consumer electronics show, in Las Vegas. In Phoenix, Ariz., cars are self-navigating the streets . In many homes, people are barking commands at tiny machines , with the machines responding. On our smartphones, apps can now recognize faces in photos and translate from one language to another.

Artificial intelligence is here — and it’s bringing new possibilities, while also raising questions. Do these gadgets and services really behave as advertised? How will they evolve in the years ahead? How quickly will they overhaul the way we […]

/pol/ – Politically Incorrect

/pol/ - Politically Incorrect

>> >>160181013 (OP)

This can only possibly work if the ultra-rich more or less agree to be financially responsible for like, half the world or even more. Inevitable if we want to become a post-scarcity automated society but right now it sure as hell won’t receive any ears from the richest people.

To start with, these rich folks won’t be "making" like they are now because there would be no wealth accumulation (i.e trickle down would be finally realized). If we assume this basic income must be adjusted to what is considered "minimum standards of living", increasing prices would be […]

Australians support universal health care, so why not a universal basic income?

Australians support universal health care, so why not a universal basic income?

In Australia, the idea of a universal basic income has floated in and out of our political arena for years, but remains only that, an idea.

The concept of a universal basic income has always been controversial. This notion – that the government should pay everyone a regular payment to meet their basic needs, despite their income – has been touted as a solution to inequality .

In the 1970s, the idea of a universal basic income looked as though it could become more. Read more: Older people now less likely to fall into poverty In 1972, the inaugural Director of […]

Henderson’s legacy: Revisiting universal basic income

Henderson’s legacy: Revisiting universal basic income

Around the globe, the concept of a universal basic income (UBI) is controversial.

This notion – that the government should pay everyone a regular payment to meet their basic needs, despite their income – has been touted as a solution to growing inequalities and the polarisation of labour markets.

Here in Australia, the idea of a UBI has floated in and out of our political arena for years, but remains only that, an idea.But in the 1970s, it looked as though it could become more.In 1972, the inaugural Director of the Melbourne Institute, Applied Economic and Social Research , Professor Ronald […]

Mexico Elections Reach End of Pre-Campaign Period

Mexico Elections Reach End of Pre-Campaign Period

Mexican presidential pre-candidate Andres Manuel Lopez Obrador of the National Regeneration Movement (Morena). | Photo: Reuters Leftist presidential candidate Andres Manuel Lopez Obrador closes his pre-campaign period leading polls by a wide margin.

Mexican political parties held closing ceremonies for their pre-campaigns Sunday night ahead of the country’s general elections in June.

Andres Manuel Lopez Obrador, the poll-leading candidate for the “Together We Will Make History” coalition, spoke to at least 20,000 people in Guadalajara, the capital city of Jalisco. His coalition includes the National Regeneration Movement (Morena), the party he founded in 2014, the Social Encounter Party, […]

Pension firms trim back perks for smokers and others expected to die early

Pension firms trim back perks for smokers and others expected to die early

Pensioners in ill health or with unhealthy lifestyles can get an income boost from ‘enhanced’ annuities, but the uplift is falling Credit: Ian Jones Annuity rates have plummeted in the past few years – but rates offered to people in poor health have fallen fastest, new figures show.

The rates offered on "enhanced" or "impaired life" annuities have fallen by as much as 15.6pc since 2015, compared with a 2.6pc drop in an equivalent standard annuity, figures show.

Enhanced annuities are sold to people with conditions that reduce how long insurers expect them to live. Consequently, pension firms pay higher annual […]

WE ALL KNOW WHERE WE’RE HEADED:

"All you need is self-driving cars to destabilize society," Mr. Yang, 43, said over lunch at a Thai restaurant in Manhattan last month, in his first interview about his campaign. In just a few years, he said, "we’re going to have a million truck drivers out of work who are 94 percent male, with an average level of education of high school or one year of college." […]
To fend off the coming robots, Mr. Yang is pushing what he calls a "Freedom Dividend," a monthly check for $1,000 that would be sent to every American from age 18 to […]

Fears over jobs lost to automation may well be misplaced

© Getty Images One of the greatest labor force changes of the 20th century was the movement of workers out of farming. In 1900, more than two out of five workers were in agriculture. Now it is less than two workers out of every 100.

It’s not that people stopped eating. Rather, farm machinery and innovation increased the amount of food that could be produced per farm worker by more than a factor of 10 . Food got cheaper and that got people to buy more food, but not 10 times as much. The end result has been fewer jobs […]

Stockton mayor combats poverty with innovative and controversial program

Stockton mayor combats poverty with innovative and controversial program

In 2012, Stockton, California, filed for bankruptcy, and was one of Forbes’ "Most Miserable Cities in America." Stockton is now ranked the second most fiscally-healthy city in the state. But nearly one in four people live below the poverty line.

In 2016, Michael Tubbs was elected mayor at the age of 26. The Stanford graduate is the youngest mayor of a city with more than 100,000 people, and is Stockton’s first African-American mayor.

Mayor Tubbs is addressing his town’s poverty with an innovative and controversial program to give some Stockton residents $500 a month to fight economic hardship. Stockton Mayor Michael […]