Technological unemployment is hiding in plain sight
I've just published a new feature-length article on Medium centered around the chart below.
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There's something about unpaid work that I've never actually seen discussed, and that's the cost of the work that's paid...
The future of education and work
For more than a century, we've been creating an industrial workforce of human automatons, built for the purpose of performing routine labor not yet doable by machines. And we've been operating with the mindset that we should teach students the same way we program actual machines. In the 20th century, schooling became a process of . . .
How not to meet humanity's basic needs in our automated future
The Expanse is a series of science fiction novels that is also now a TV series with two seasons available to watch so far. In this universe, in the not too distant future, humanity has moved beyond Earth to extend its reach throughout the entire solar system. Mars is an independent military power, asteroids and various moons . . .
Posted in: technological unemployment
First, saying basic income is socialism is as absurd as saying money is socialism. It's money. It's all it is. What do people do with money? They use it in markets. In other words, basic income is fuel for markets. Markets are a wonderful invention that serve to calculate via a massively distributed computer comprised of . . .
The consequences of our lack of basic income
For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the message was lost.
For want of a message the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a horseshoe nail.
For those . . .
Why every estimate of UBI that simply multiplies the number of recipients by the amount received is simply wrong
Imagine a group of 5 people. They have an income distribution of $10, $20, $30, $50, and $100. Someone gets the BIG idea of everyone putting 40% of their money into a hat, and dividing the result equitably between everyone.
That means $4, $8, $12, $20, and $40 goes into the hat. That's $84 which when divided by 5 is $16.80.. . .
Posted in: cost