a) The people and jobs are not in the same place.Regarding the UBI debate - on the one hand I'm seeing claims that people do not want to work. That work cannot find people.
On the other - claims that lots of people would love to have a job but cannot get one: that people cannot find work.
What is wrong here?
A hypothetical of this:a) The people and jobs are not in the same place.
b) The jobs are not suitable for the people available.
So during COVID, we had the "Great Resignation" of people quitting, but in reality all but the early-retiring boomers came back, what we really saw was a "Great Reshuffle" as people leveraged their position to move to better jobs.Regarding the UBI debate - on the one hand I'm seeing claims that people do not want to work. That work cannot find people.
On the other - claims that lots of people would love to have a job but cannot get one: that people cannot find work.
What is wrong here?
The sole qualification for most manufacturing positions is showing up without being obviously intoxicated. Robots cannot realistically replace these people, because of the sheer amount of engineering time that is required to make the robots do things right. Ten people who are not obviously on drugs are more easy to find than one technician with the qualifications to handle the specific type of robot corporate decided to buy. I have seen this in action, where there was a pair of deactivated robots on a door assembly line because they never managed to get the robot to put the parts on without damaging the doors. Something billy joe bob can do, even though he does meth in his spare time.On other levels, the labor simply doesn't exist. The US is attempting to expand its manufacturing base but even if every single unemployed person who had any manufacturing experience immediately signed up tomorrow, it would fill only 44% of the vacancies in the manufacturing job market.
Yeah, everything you just said is bullshit, seasoned with ranting that looks a lot like typical anti-white "antiracism" against rural people.The sole qualification for most manufacturing positions is showing up without being obviously intoxicated. Robots cannot realistically replace these people, because of the sheer amount of engineering time that is required to make the robots do things right. Ten people who are not obviously on drugs are more easy to find than one technician with the qualifications to handle the specific type of robot corporate decided to buy. I have seen this in action, where there was a pair of deactivated robots on a door assembly line because they never managed to get the robot to put the parts on without damaging the doors. Something billy joe bob can do, even though he does meth in his spare time.
Wonder how many of these are located in democrat run cities with their housing market so bubbled up that anyone moving there to work a minimum wage job like that would have to be insane as they would need to pay extra to work a shitty job in a miserable place to live.Except the jobs that are having problems being filled are for fast food and similar openings for unskilled labor. Universal income scheme give people without skills the ability to think that they are too good for unskilled labor, even when they are really only good enough for unskilled labor.
My guess is that, besides sheer stubborn resistance to change, the main reason business want their employees to come back to working in an office is that working remotely gives the employee more power over their relationship with their employers. It's much more difficult, for example, to pressure someone into doing extra work for free over the phone or through email than it is in person, in a place that the employer has total control over.So during COVID, we had the "Great Resignation" of people quitting, but in reality all but the early-retiring boomers came back, what we really saw was a "Great Reshuffle" as people leveraged their position to move to better jobs.
Due to a lot of boomers retiring, a huge number of openings formed at the upper levels due to long-time experienced employees leaving the market. This in turn meant that the level below got promoted early, and then the level below them and so forth. This means a lot of the squeeze is on the lower-level jobs. Anecdotally every fast-food joint in my hometown is severely understaffed and hiring for all shifts and positions, but they're offering the same wages they did pre-COVID because corporate hasn't gotten around to realizing they're never going to fill those positions, the labor market has collectively all moved one step up the later and this is going to continue to keep happening as more and more boomers retire.
On other levels, the labor simply doesn't exist. The US is attempting to expand its manufacturing base but even if every single unemployed person who had any manufacturing experience immediately signed up tomorrow, it would fill only 44% of the vacancies in the manufacturing job market. This squeeze started long ago, people have not wanted to go into manufacturing in the US because they both perceived that robots would make a manufacturing career obsolete, and any jobs that were left after the robots would go to China making a career in manufacturing a complete waste of time. Result: The US has been running for a very long time with an empty pipeline of new industrial workers and they can't fill the desired job slots no matter what.
At the same time, there's too many workers for other areas. Due to mass retirement and insane zoning law snarlups, construction work is at an all-time low and there's a glut of unemployed construction workers. So we're seeing both mass unemployment and mass labor shortages, but they're not in the same industries at the same time.
We're also seeing a major shift in business, 91% of people who were able to work remotely during the pandemic want to keep working remotely now that it's a proven successful formula, where al to of businesses and bosses don't like this and want to go back to the way things were. Thirty percent of office workers say they will quit and seek new work if forced into the 9-5 office routine after working remotely. This is badly exacerbated by the fact that there are still some places with closed schools and daycare facilities, which means the only way parents are able to work is by telecommuting. This in turn contributes to the glut of construction workers as with offices permanently closed, there's too many buildings looking for a purpose already.
Understanding America’s Labor Shortage: The Most Impacted Industries
American businesses are creating hundreds of thousands of jobs each month, yet a significant number of positions still remain unfilled, especially in the professional and business service sector.www.uschamber.com
In general, I expect we're going to see some gradual sea-changes in how business works. The cheapest jobs aren't going to be filled, the labor crunch is just going to keep getting worse over the next decade as more and more boomers retire, and the days of easy credit are going to vanish as the boomers pull their savings out. Any business model that relies on abundant credit and cheap labor is going to either automate or go out of business because those things have gone bye-bye for at least a decade. People are not going to keep tolerating being told to put on a suit and tie and commute an hour each way to sit at a desk and be berated by their pointy-haired boss when they know full well they can just log on at home, get the same work done, and spend twice as much time with their families.
I would generally agree. My eldest sister was one of the "early retirement" boomers and from her own story, the bosses demanded everybody come back to the office because they were afraid if they quit leasing the office building, they wouldn't be able to lease another one later, and if they were already paying for the lease the bosses felt that was a waste unless they had people coming into the building to use the offices.My guess is that, besides sheer stubborn resistance to change, the main reason business want their employees to come back to working in an office is that working remotely gives the employee more power over their relationship with their employers. It's much more difficult, for example, to pressure someone into doing extra work for free over the phone or through email than it is in person, in a place that the employer has total control over.
Yes, the same behavior pattern is called Tang Ping in Asian countries. A lot of modern youth are rejecting the materialist outlook on the world and seeking to live more simply while rejecting all the methods the managerial class have used to extract unpaid work from them.You also have the 'Quiet Quitter' phenomenon that businesses in the US hate. This is where people will only work 9-5, hate having to do overtime and absolutely hate doing work for free. Arriving thirty minutes early, leaving an hour late hoping it gets you a promotion only to see someone from outside the company being given the job. I can see why it is popular.
Yes, the same behavior pattern is called Tang Ping in Asian countries. A lot of modern youth are rejecting the materialist outlook on the world and seeking to live more simply while rejecting all the methods the managerial class have used to extract unpaid work from them.
Article: George Hotz(02:58:40) Oh well, I think charity is bad, right. So what is charity but investment that you don’t expect to have a return on? Right.
Lex Fridman(02:58:48) But you can also think of charity as you would like to see… So allocate resources in optimal way to make a better world.
George Hotz(02:59:00) And probably almost always, that involves starting a company, right, because-
Lex Fridman(02:59:04) More efficient,-
George Hotz(02:59:05) If you just take the money and you spend it on malaria nets, okay, great. You’ve made a hundred malaria nets. But if you teach-
Lex Fridman(02:59:13) A man, how to fish.
George Hotz(02:59:14) Right?
Lex Fridman(02:59:15) Yeah. No, but the problem is teaching amount how to fish might be harder. Starting a company might be harder than allocating money that you already have.
George Hotz(02:59:22) I like the flip side of effective altruism; effective accelerationism. I think accelerationism is the only thing that’s ever lifted people out of poverty. The fact that food is cheap. Not, “We’re giving food away because we are kindhearted people.” No, food is cheap. And that’s the world you want to live in. UBI, what a scary idea. What a scary idea. All your power now? If money is power, your only source of power is granted to you by the goodwill of the government. What a scary idea.
Lex Fridman(02:59:54) So you even think long term, even-
George Hotz(02:59:57) I’d rather die than need UBI to survive. And I mean it.
Lex Fridman(03:00:04) What if survival is basically guaranteed? What if our life becomes so good?
George Hotz(03:00:08) You can make survival guaranteed without UBI. What you have to do, is make housing and food dirt cheap. Right? And that’s the good world. And actually, let’s go into what we should really be making dirt cheap, which is energy. Right. That energy that… Oh my God, that’s…
(03:00:27) I’m pretty centrist politically. If there’s one political position I cannot stand, it’s deceleration. It’s people who believe we should use less energy. Not people who believe global warming is a problem, I agree with you. Not people who believe that the saving the environment is good, I agree with you. But people who think we should use less energy, that energy usage is a moral bad. No, no. You are asking, you are diminishing humanity.
Lex Fridman(03:00:54) Yeah. Energy is flourishing. Creative flourishing of the human species.
George Hotz(03:00:59) How do we make more of it? How do we make it clean? And how do we make… How I pay 20 cents for a megawatt hour instead of a kilowatt hour?
My guess is that, besides sheer stubborn resistance to change, the main reason business want their employees to come back to working in an office is that working remotely gives the employee more power over their relationship with their employers. It's much more difficult, for example, to pressure someone into doing extra work for free over the phone or through email than it is in person, in a place that the employer has total control over.
Again so what? We are moving towards most of the population being unnecessary to work. Imagine if Star Wars style droids were created tireless workers who don’t require wages and are decently intelligent. In that scenario they would end up doing all the work except programming and making new droids possibly. If there is no UBI in that scenario then there are two options the rich who control the droids wipe out 90 percent of humanity, or two the people rebel and some form of communist dictatorship arises. Ironically this is probably the one time in history where the communist replacement is better than what came before. Again a UBI will be necessary and no amount of Protestant work ethic will prevent that.seems like it would turn into the biggest welfare program in America and be a disincentive to people working. hard pass.
That’s going to happen no matter what. Better to get a comfy slavery than death by killbit or forced labor slavery.The whole point of UBI is to turn everyone into a slave. dependent on the govt for their daily bread. and being able to cut off as soon as their social credit score drops
You aren’t doing nothing though, you are playing video games. Those things cost money. Sure with a UBI you could buy one or two occasions. But if you want to buy more, go to a nice restaurant, or go get a prostitute you’d need more sources of money. And that’s why a UBI won’t make many people be neets. People don’t live to work they work to live not survive live that means above the bare essentials.Not me. If I can get paid to do nothing I will live in a pod and play video games all day