Predicting the future - is a fools game especially when these prediction are

[KenyanPlato]

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around technology. Anyway I was research Andrew Yang Universal Basic Income. He is a proponent of the idea that the loss of Manufacturing jobs is behind the current American turmoil. I came across this video by Patrick at the end of it he does show the folly of making predictions. Siinglicon Valley is predicting that there will accellerated job loses due to automation. I agree yes but I am not sure if there won't a solution that doesn't involve creating another entitlement program. Nobody knows if Corona will end up pruning the older and unhealthy people out of the world population leaving only productive manageable population. This would drastically reduce spending on entitlement programs

If Yang is right them we will have a lot of problems

[Arcadian_Dreamer]

around technology. Anyway I was research Andrew Yang Universal Basic Income. He is a proponent of the idea that the loss of Manufacturing jobs is behind the current American turmoil. I came across this video by Patrick at the end of it he does show the folly of making predictions. Siinglicon Valley is predicting that there will accellerated job loses due to automation. I agree yes but I am not sure if there won't a solution that doesn't involve creating another entitlement program. Nobody knows if Corona will end up pruning the older and unhealthy people out of the world population leaving only productive manageable population. This would drastically reduce spending on entitlement programs

If Yang is right them we will have a lot of problems

My prediction is, automation, self driving cars and AI will not materialize. Silicon valley an extension of Hollywood sells techno-fantasies and vaporware to the gullible and technically illiterate. Automation in particular has been the bug bear of the shallow masses  for some time, akin to the Y2K bug of the 2000's, it is just silly juvenile prediction.The future is going to be so different from what these clueless hacks are predicting. Universal basic income is a non starter, Andrew Yang was a troll candidate, his proposals were not serious. Covid deaths will not make a dent in the huge population of boomers. Social security and other entitlements will have to be reformed. America and the Western capitalist are fundamentally unsustainable so their model will collapse and no amount of fixes can prop it.

[KenyanPlato]

I agree with your assessment. The level of automation that needs to happen for what the techies are advocating  for would require very advanced AI and serious redesign of the current infrastructure. There is no r&d investments to match these claims.


. Yeah the future will be different and none has a clue how it will. Like how no one in 1984 knew how different information age will be

[Arcadian_Dreamer]

I agree with your assessment. The level of automation that needs to happen for what the techies are advocating  for would require very advanced AI and serious redesign of the current infrastructure. There is no r&d investments to match these claims.


. Yeah the future will be different and none has a clue how it will. Like how no one in 1984 knew how different information age will be

Yep, there is nothing in the horizon to suggest such an outcome. Also, true AI would be akin to creating life and we can confidently predict that such knowledge will forever be beyond the grasp of mankind. Nuclear fusion will also be always a technology for tomorrow.

Seasoned scholars at places like RAND and Pentagon routinely fail at predicting simple events in hindsight. Even a two year prediction befuddles us. Who saw Covid 19 coming?

[gout]

Things like UBI are utopian. The whites are currently so bitter with the more sensible social welfare programme as they think it helps ''lazy' blacks just like the one shilling one vote nonsense of taking away monies from Chalbi Desert.

[RV Pundit]

Yes most of it are hot air - and it will be some time before robots take over - and when it does we will find a solution for mass employment.

[Arcadian_Dreamer]

Things like UBI are utopian. The whites are currently so bitter with the more sensible social welfare programme as they think it helps ''lazy' blacks just like the one shilling one vote nonsense of taking away monies from Chalbi Desert.

I disagree with social welfare programs too. Folks need jobs not state hand outs. But crony capitalism, corporate welfare are worse.