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Automated Economy Explained by kevinwong

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· @kevinwong ·
Automated Economy Explained
https://www.youtube.com/watch?v=OEkT14RBzDI

<center>Digging these videos by [The Rest of Us](https://www.youtube.com/channel/UCogasD4DFxmshrBNnJNFcvg). 

So what do you think? 

Bots taking over our jobs makes us less independent and less human?</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 86 others
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@bnoise ·
$0.03
I like this future... More freedom. The first jobs to disappear will be repetitive and alienating jobs. Businesses employing robots will earn more even paying big taxes cause robots work almost 24/7.
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@kevinwong ·
>The first jobs to disappear will be repetitive and alienating jobs.

Some people like it :) But yeah for the most part, a tragedy for those stuck in the loop.
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@edje ·
They will benefit from the basic income, they will be the pioneers of the 24x7 free time :)
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@edje · (edited)
$0.03
Super video! How simple will it all be when having bots to do all the work! And I truly believe we can reach that level, sooner than later. I also think bots will at some point in time replace the creative side of things, ie be able to invent, create, produce. 

You can even imagine, bots becoming so intelligent it can own a business. That is where things gets a bit more futuristic, although this may already be the case in 20-40 years.

Basic Income: it seems the only way out, at least as far as we know this point intime. But I actually think we should not rule our communism, or a variant of that model. In the capitalistic model you may have a system that is even more out of balance wrt distribution of funds when we get to the future with bots. Also power balance is something that may become an even larger issue. Companies may become so big, so powerful, the capitalistic system as such will fail, or at least most of us become more real slaves than some of us already think we are.
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vote details (1)
@builderofcastles ·
Bots will never be inventive.
They can do things that seem inventive, like reordering assembly order to produce the entirety more efficiently, but that is all knowns (time and order).
If you know where invention comes from, you would understand that bots don't have that.

Also, in the future, humans will have more wants and needs.
A bot cannot anticipate this.  Like a smart phone in the 1800s.  No one was even imagining the thing.  In the 1950s they started having an idea that such a thing would be possible 100s of years in the future.  Now, they are common place and often hard to do without.

Bots can think in 0s and 1s.  They cannot conceive of a 2.

And universal basic income destroys people.  Look at places where social security has taken over.  Most of them are hell holes that are just waiting for a fire to clean them out.

The pryamidical structure of the large corporation is very inefficient.  Single entrepreneurs are running rings around them.  Octologues, or small, very interdependent groups are even better.  As manufacturing becomes smaller, the need for capital stops being a constraint.  And everything that the large pyramids are based on comes crashing down.
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@edje · (edited)
> Bots will never be inventive.

Bots today may not be inventive, they are more pick and place type of bots, for repetitive and controlled tasks (with some exceptions already). But I do firmly believe AI reaches singularity, for sure! And at that point, bots will be as intelligent as humans and hours later 10x and hours later 100x more intelligent. Who's to say that human brains do not work similar to the 0's and 1's of computers we know nowadays; Maybe in a more complex way then the serial approach of single core cpu's? Who will be able to predict the outcome of quantum computation and computers that can analyse in multi dimensions we are far away from with todays fastest multi core super computers?

> If you know where invention comes from, you would understand that bots don't have that.

I do know were invetions come from, mostly taking information and/or idea and/or product from some market segment and apply it in another maret segment, with some modifications. Rarely really new inventions from zero to something are made, very rarely or maybe never anymore. Everything is based some idea, something already thought of before, or even seen in practise before.

> smartphone

Wrt to smartphone and so many other inventions. It is not what the people were asking for, it is what was developed and a market was created for it. People in general don't want new things, they want to keep the world as it is, most cannot even dream of new things, they are happy with what is around and what they now. That's why most new products need a long time to get some real market traction. Take Blockchain, before that is massively deployed in society and businesses, we will be 20-30 years from now. Like TCP/IP needed 20-30 years at least maybe even much longer to be applied, and HTTP needed 30-40 years to be turned into Internet as we know it. All very very slow in todays age with the ever faster computations we can do with machines.
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@kevinwong · (edited)
Well for one I believe in the many-models way of running stuff in the future. Doesn't necessarily have to be some kinda -ism for everybody. Many blockchain projects are essentially the pooling of resources, distributed according to some proof-of-something. And robots are already here, and not necessarily ones with limbs. For example, blockchain miners, working for whoever runs the code :)
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vote details (1)
@edje ·
I understand Blockchain, essentially transparent databases, will allow different models. But I really struggle with the geo locations and different models. Ie you neighbour is part of a complete different model/blockchain than you. How does it work for physical goods? Think of this: One model provides free food from a shop arround the corner that get somehow compensated for providing free food. The other is part of a model that requires to pay with something for the food. Will this require another shop? likely since otherwise the shop owner is required to be part of the 2 models. But maybe non of the retailers want to be part of some of the models that has members around the corner. So far I see different models living side by side kind-a theoretical but not practical.
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@mammasitta ·
$0.03
This was interesting! Universal Income sounds good to me. It will take some time to get used to bots especially for oldschool people like me but we might have a chance for more independence in a way. If we let those dudes do certain jobs , we could focus on so many more creative activities or have more time to interact with other humans and help each other. Less unpleasant jobs will get more people smile again I guess.
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vote details (1)
@kevinwong ·
Yes, I think many are too worried about questions like lazy people getting the benefits too when I don't think it's that much of a problem as time goes on.
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@mammasitta · (edited)
Some people worry too much about the new future and don't get it.  It has nothing to do of being lazy, just more efficient. We are already rolling........maybe not as advanced yet. More and more incredible possibilities will open up quickly and there will be a significant progress in the next few years. 
My mind is all in it and kind of excited about different economic models but I might not experience those days to come. I am not that sad about it because I enjoyed my life without bots so far 🤒 I wish humans will find ways to become more "human" again, find another form of total freedom and independence. Not sure if this idealistic, wishful thinking is possible with so many bots around us?
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