Humanity owns the planet. Control is delegated to certain institutions for utilitarian reasons. That can always change, as the US Declaration of Independence makes cogently clear.
What I mean by this is not that I want a revolution, but that in principle the way resources are allocated is conditional and the defense of the present system is utilitarian.
That is what the speaker is talking about after all. If the “owner” of the job takes it back, what is the worker to do in the absence of new jobs? Starve? This seems a very odd way to allocate the enhanced productivity, unless you believe that the social arrangements of the past couple of centuries are some sort of immutable aspect of the human condition. I understand that markets tend to emerge and tend to allocate resources in some sense efficiently. But the presumption of a labor shortage no longer holds. So the efficiency that markets produce no longer reward the diligent and competent as well, increasingly giving advantage to the lucky or the sly and conniving.
Which indicates it’s time to rethink. Exactly as the young speaker in the video tells us.
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See also http://init.planet3.org/2009/05/great-relaxation-revisited.html
http://init.planet3.org/2009/01/lawnmower-problem.html
Well, the real issue is that the owners of the robots will pocket your wages, a trend already underway.
Norbert Wiener warned us about that possibility 60-some years ago, but did we listen?
Robots can’t steal your job, because you don’t own it. It seems to be a common illusion, though.
Humanity owns the planet. Control is delegated to certain institutions for utilitarian reasons. That can always change, as the US Declaration of Independence makes cogently clear.
What I mean by this is not that I want a revolution, but that in principle the way resources are allocated is conditional and the defense of the present system is utilitarian.
That is what the speaker is talking about after all. If the “owner” of the job takes it back, what is the worker to do in the absence of new jobs? Starve? This seems a very odd way to allocate the enhanced productivity, unless you believe that the social arrangements of the past couple of centuries are some sort of immutable aspect of the human condition. I understand that markets tend to emerge and tend to allocate resources in some sense efficiently. But the presumption of a labor shortage no longer holds. So the efficiency that markets produce no longer reward the diligent and competent as well, increasingly giving advantage to the lucky or the sly and conniving.
Which indicates it’s time to rethink. Exactly as the young speaker in the video tells us.
Its not the robots so much as the robber barons.