AI is less durable? I guess that's why we sent manned missions to mars and couldn't land a rover there.No, we've been exploring that primarily through more advanced technology making labor more efficient.
Education fills a head with knowledge, some of which might be false. It has its use, but better tools and actual work experience are what improve 'how well humans can accomplish things.'
It's less durable, less flexible, and only capable of finer manipulation after enormous investments of man-hours and finances to make it so.
@DarthOne already supplied the proof, as I've already pointed out. I presume you keep ignoring that bit because you can't BS your way around it. I didn't claim it's impossible to exist, we already know that jobs aren't keeping up with population growth. I pointed out that the extremely narrow bit you're demanding that we can prove this one statistical group specifically remained unemployed long term, can't be had because if people stay unemployed long term the nation quits counting them as unemployed and will drop them off the lists.Using current transistor-based technology, AI will never be more adaptable, because the fundamental nature of how AI 'thought' operates compared to human thought sticks them with fundamental limitations they cannot overcome. They can operate faster in specialized math-based tasks, and in that specific way be more intelligent, but easy grasp and understanding of concepts is something that is not possible based on current technology.
Now, if a completely new type of computing is invented, we may get computers capable of doing such. But the alternative to the transistor to base that off of doesn't even exist yet, much less having been developed into a mature technology capable of surpassing human thought.
This is not a catch-22 for me, this is a catch-22 for you.
I can and have pointed out the entire history of the first world over the last 200 years as evidence that new technology doesn't result in permanent unemployment. You can't point to any piece of new technology that has, and now you're actually claiming that it's impossible to do so?
When you start claiming that it is impossible for the key evidence supporting your argument to exist, you're in a bad place.
So you're going to make a BS response rather than concede you were incorrect when you claimed necessities were cheaper now? Because you did say that, I proved it wrong, and you're deflecting onto government intervention instead of manning up.Yes, things change due to technology. Human nature does not, and it is human nature which governs economics, because humans are those who are at base responsible for both production, and consumption. The details change, and some of those details are very important, but a machine is never going to earn a paycheck, go home, pay rent, and then buy food and/or luxuries.
Well gosh, would you look at that. There's a direct relationship between how expensive a thing has proportionately become, and how much the government has intervened with and distorted the market for that good or service.
All located in areas with terrible weather that humans don't like living in, I'll note. Of course, you're also cherry-picking your data tremendously. How?It's almost like more government intervention makes things worse, not better.
This is such bullshit I don't even know how to respond.
You want some cites? I'll give you some cites.
1. I am staying in a 3-bedroom (the third is small, so let's call it a 2.5 bedroom) apartment, the monthly rent is 830 dollars a month. If I paid for that myself, rather than splitting it with one roommate, I could still afford it on a single full-time job at minimum wage. That's not possible for everyone though, so let's look at some actual numbers.
2. Let's look at rental rates in some non-crazy cities around the nation:
Top two listings in Superior, WI, ~800 a month for 2 bedroom, 1 bath.
~850-1200 a month in Cheyenne, WY, for 2 bedroom, 1 bath.
800-1200 a month in Grand Rapids, MI, though you have to scroll down a ways to get past the expensive stuff at the top of the listings.
Here I actually had to start sorting for cheap stuff; Atlanta, GA, 800-1200 for a 2 bedroom, 1 bathroom.
I know from personal experience that if you're actively looking for a cheap part of the country to live in, you can do so for considerably less.
Ah, so you take the cheapest and worst places to live for home expenses, but then you take national average wages and costs of everything else instead of those cities so you can ignore the downsides of those places and use other cities' higher standard of living to nudge that average up above your chosen "housing cost" areas. You should look into a career as a masseuse, if you massage people half as well as you massage data, you'll have a fine career ahead of you. Or perhaps politics, though I think most politicians would think you're too dishonest for their field based on this.3. Let's look at food costs. Let's start with an easily-findable list of groceries that'll get you through a week at a decent price. This outta do it. Granted, it's based on 2016 grocery prices, so let's generously slap 20% inflation on that, and say it's 24$ a week, instead of 20. Multiply by 4 for a family of 4 (closest to average American family size), and that's 100 dollars a week. Four and a half weeks in a month, and even though we've rounded up at every stage, we're still coming out to ~450 dollars a month.
We're now up to 1250-1700 or so a month.
4. A car. You can get one as low as 1500$ but I wouldn't recommend going under 3 grand unless you already know the seller and/or the car. Split that up into something spread out by 12 months, and you have 250$. Add insurance, which in Michigan runs around 300$ for six months, and Michigan is one of the most expensive states in the union for car insurance (mine dropped by 60% when I moved out of the state), and you're up to 300 a month. Tack on another 100 a month for gas and minor repairs.
1650-2100 a month in living expenses.
5. Medical treatment. This is an incredibly volatile thing. If your have good genes, don't take stupid risks, and don't have terrible luck, this could be as low as a couple hundred per person per year. One major medical expense though, can run from tens to hundreds of thousands of dollars, and aside from not deliberately doing stupid things, there's very little one can do to control that. For most people though, in their younger and healthier years, the low end of costs is the norm. If we call it 300$ per person per year (which is much more than I generally spend myself, but I'm deliberately erring high), then that's 1200 for the family of four, or another 100 per month.
6. Cell Phone/internet service. This'll run you another 100-200$ a month for a family plan, generally speaking.
This brings us up to 1950-2400 a month.
This brings together bare-bones essential costs, though I did forget to count utilities with rent, for places where that is not included. Based on past experiences, that'd probably run 200-300 a month for a family of four, though bringing our total up to 2250-2700 a month.
Now, what's the income at Federal minimum wage? 7.25 per hour. If we had two parents working full-time at minimum-wage jobs, that's 80 hours a week, or 580 per week, coming to 2320 per month, which is barely enough to scrape by at the bottom end of the spectrum. 1160 dollars personal income per month is enough to live on by yourself, if you're smart, but two incomes at that level is hard for a family to get by on. It's only 29,000 a year, assuming both parents take two weeks worth of time off over the course of the year.
This is a real financial problem for this poor family, but let's look at some expanded statistics...
How much of the labor force is earning minimum wage (or less)? 1.9% a of 2019.
Boy, that really changes the picture now, doesn't it?
Just move up to the 9 or 10 dollar minimum wage common in many states, and you easily exceed the 2700 monthly cost estimate. That's still a really tight budget, but it is livable.
Now, let's look at the situation that you claimed, two college graduates working full-time to keep living in a small apartment. Now, what is the average starting salary of a college graduate?
$53,889 a year, according to one of the top results I found on a quick search. (Granted, I bet they're excluding a lot of graduates with completely useless degrees from their results, but its those graduates own fault for pursuing useless degrees, so they're not terribly germane to this discussion. If they are included in these results, then college graduates are doing way better than 54k a year once they stop dragging the average down.)
Wow. That really changes the picture, doesn't it? That's almost twice what the two minimum-wage earners brought in together. Obviously an average isn't going to account for everyone, but if that's your average, anything approaching a normal distribution is going to mean that a vanishingly low number of people have as low an income by themselves as two minimum wage earners would have together.
And if you put two of these average earners together, you have enough income to live on twice this calculated minimum living expense, leaving plenty of funds for paying off student loans and saving for the future.
So, to sum up, your assertion that the cost of living is so high that college graduates can barely make it on two incomes, is complete nonsense from beginning to end.
In fact, only the 1.9% or so of people earning minimum wage or less are in the kind of crisis crunch you're depicting, and most people manage to start earning higher wages once they've got some experience and track record behind them in life. Before our society became as dysfunctional as it has in the last 20 years, almost all of those minimum wage earners would have been young adults just getting started in life, with a near-certainty of moving on to better paying jobs, even if they never went higher than assistant manager at a fast food place, it'd still put them decently better off than minimum wage.
Implementing more redistributive policies, and institutionalizing further entitlement mentality in our culture, will make things worse, not better, because these are a big part of what has made things so messed up in the first place.
A bit sneaky of you but your figures are also pretty massaged up there and will set off most experienced people's BS sense.Okay, its possible, as I've already said. What do you think your proving with this?
It all comes down to the cost of automating the person out of the system, vs continuing to use labor. This kind of automation tends to be, well, expensive. To use your robotic lawn mower, it costs $1,500 looking at the list as an averagish price. A push electric mower is about $250 bucks. Still, not hugely expensive, sure. At $15 dollars an hour, you only need to automate about 83 hours of work. If you were using mexican or teenagers, depending on the stereotype at $5 an hour, 250 hours of mowing work.
But, if your a rental company, you need something unload and load the mower. So you need a machine to unload something from the truck. That's probably a not insubstantial piece of equipment, compared to someone picking up a lawn mower and placing it down. Automating that is probably going to be about as expensive as the automated lawn mower. So, another $1,500 dollar piece of equipment to install on the truck.
Then you need charging. What I can do with my current electric equipment is swap charged batteries with exhausted batteries. And swap batteries between other equipment as necessary. Battery swapping automation is another big expensive system, otherwise you have the things that self plug and charge. Which means you need at least an hour of downtime at least for every hour of cutting. This halves the rate one can cut grass with a single mower. Being reduced to 3 hours of mowing a day instead of, say, 6 hours, charged at $20 an hour, reduces daily income from $120 per day to $60 dollars per day. Very similar problems with gas refilling. So, that's another bit of expensive equipment, or your buying two or three automated lawnmowers to keep the throughput high. So, say another $3,000 dollars of equipment.
And of course the truck itself needs to be automated. We don't know how much extra this will cost per vehicle. It will probably be more. Lets say $5,000 dollars.
So, very basic attempts to automate the person out of the lawn mowing adds something like $10,000 in extra equipment. And the person really isn't automated out of the above really. We haven't covered washes, repairs, mapping out the area to be mowed, dealing with a stick or other such thing being left on the yard, getting the mower over the curb or up a stair, someone picking it up if it does break, and a whole bunch of other things. Automating the person out of it gets increasingly expensive.
And of course, if I am doing this work myself, I have no real reason to spend all this money vs just doing it myself and pocketing the $10,000 difference for myself. If I'm hiring someone full time anyways, it might make much more sense to keep the driver, and have him go house to house, drop off the electric mowers, and then pick them up once their done. Also allows us to work with people who want to pay in cash which needs a person there to pick up and count. So, pay an extra $1,000 to have automated mower, then save the rest on the worker. Maybe pay them an extra $2 an hour and pocket the $5,000 difference.
And remember this is all regards to just mowing the lawn, which is one small part of the overall job.
The question isn't if it can be automated, its if its cost efficient to do so. And, well, as stated my sense of recent automation is its being done to replace expensive labor, not cheap labor. Or, the automation will make sense in New York City, it will not make sense in Alabama. Or Brazil.
Already happening, @DarthOne linked a video that includes how a San Francisco company is making project management AI that not only is running operations but also analyzes the work its employees are doing and writes new AI to do their jobs and eliminate the people under it. It's replacing middle managers now but it's unlikely it won't go after CEOs in time, it's only not done so yet because CEOs are making the decisions about when to employ AI and thus protecting their own interests first.I wonder how long it will be before some business realizes they don't need a CEO that makes 7 figures a year and that they can outsource the job to a machine for pennies on the dollar?
Snip.
It's just as bad as trying to argue with you over the idea of 'food insecurity.'
If you're just going to drop into personal attacks, especially when I am using directly sourced data to make my point, I'm not going to waste my time arguing with you.
Here:
Maybe you'll listen to Sowell.
That isn't the case. We're still new to this 'machine learning' business and it has constantly eradicated what we assumed is reality when it comes to AI programming. We're already seeing AI-designed music, AI-written novels, and if what I heard is right, AI paintings.@Bear Ribs
statement 1
"I don't even know where to begin with your idea that you can pay people 5 bucks an hour in this day and age and expect to have any employees. "
Statement 2
"we already know that jobs aren't keeping up with population growth"
So, there are not enough jobs, but people also won't work for $5 (even if it was legal) an hour because they have so many other, better opportunities. Do you understand my issue with this argument? This does not seem to be evidence of an automation crisis.
Also, what are you talking about gas? Gas price is not counted in either one. I was saying if they're automated, you need another machine to either refuel the gas or switch batteries, so that's either another capital intensive refueler or reloader, or multiple charging stations.
If anything, I'm probably underestimating some of the expenses of setting this stuff up is. And as I said, all the expense above doesn't actually get the person out of the loop. So your not actually saving all that much labor anyways: operating 3 electric motors like you suggest still is going to require a person in that loop. And, as I said, that's one part of the job. Its one worker vs three at the most optimistic. Is that better? Of course. Is it an automation crisis? Eh.
Throwing out preposterous numbers that you should be aware are self evidently ridiculous since they obviously can't be true is not particularly convincing.
We may be reaching moving in circles territory at this point though.
I just don't care about what machine learning is doing, so I don't understand why you keep bringing it up. Its more or less irrelevant to the issue. Machine learning doesn't really get a cheaper car. I would assume computers aren't driving cost, which may be an overly optimistic assumption.
The cost is the machines to automate the human body.
Edit: looking over your post again, I think we see another major point of disagreement is the assumption that
1) RnD is the main cost of production. This is I think applying software thinking, where the information on a disk is worth a whole lot more than the, well I guess we don't really do this all that much more, but when we did buy CDs its a 20 cent CD with $50 dollars of data on it. There RnD is something like 90% of the cost. Manufacturing goods your talking about RnD being something like 10% if its something with mass production.
2) That most of the RnD has been done. Experimental models are one thing. Much more important however will be the first hundred or so manufactured. By the basics of Wright's law, or Experience curves, the big RnD yet to do is going to be once you reach the point of building a couple hundred. More or less, every doubling of production, generally you get an x% reduction in price. For machine tools, probably the closest we have, its about a 15% reduction per doubling. So, producing the first 100 we would expect to bring costs down about 60% over 6 doublings. Getting to a 1,000 produced is when the per model costs would be around 20% specialized equipment costs, and such.
This I think is a very different model of events than what you seem to be picturing, where the main hurdle is software design.
Yes, AI produced novels.The sad thing is Sowell's wrong at least in part. Especially since many people keep forgetting that this itty-bitty 'little' thing called the technological context has a major pull on determining things. A lot of traditional economists keep ignoring this little determinator of how things go, especially as economics got more politically polarized.
That isn't the case. We're still new to this 'machine learning' business and it has constantly eradicated what we assumed is reality when it comes to AI programming. We're already seeing AI-designed music, AI-written novels, and if what I heard is right, AI paintings.
It's your stubbornness to not see what is actually happening that is making things worse here.
I took several years of college economics and I'm not that impressed by Baby's First Economics Text. Sowell's work is quite good for people who have no idea whatsoever how money works but he's bad about strawmanning any position he personally disagrees with and tends to support his politics over the science, granted that's a problem most economists have.The sad thing is Sowell's wrong at least in part. Especially since many people keep forgetting that this itty-bitty 'little' thing called the technological context has a major pull on determining things. A lot of traditional economists keep ignoring this little determinator of how things go, especially as economics got more politically polarized.
Yes, I can see where you're coming from here, but this is just a cheap "gotcha" based on taking two sentences from different contexts.@Bear Ribs
statement 1
"I don't even know where to begin with your idea that you can pay people 5 bucks an hour in this day and age and expect to have any employees. "
Statement 2
"we already know that jobs aren't keeping up with population growth"
So, there are not enough jobs, but people also won't work for $5 (even if it was legal) an hour because they have so many other, better opportunities. Do you understand my issue with this argument? This does not seem to be evidence of an automation crisis.
I see then, I misread your statement about "Gas is similar" to mean you were counting fuel prices. I retract the statement.Also, what are you talking about gas? Gas price is not counted in either one. I was saying if they're automated, you need another machine to either refuel the gas or switch batteries, so that's either another capital intensive refueler or reloader, or multiple charging stations.
I used your numbers. The only one I didn't keep was your 5 dollar an hour wage which I replaced with 15 more in line with current wages. It is not my fault your numbers don't support your position. If anything your numbers were excessively supportive to your own side, I didn't have team human paying payroll taxes, supplying health insurance to its employees, doing 401K matching, no employee ever got sick or had to be paid overtime, etc. I had the AI work only the same hours as humans instead of a 24-hour cycle they can do in real life. Even with you having every possible advantage your own numbers made your side crash and burn. Increase the cost of the AI tenfold and it will still beat the humans in short order.If anything, I'm probably underestimating some of the expenses of setting this stuff up is. And as I said, all the expense above doesn't actually get the person out of the loop. So your not actually saving all that much labor anyways: operating 3 electric motors like you suggest still is going to require a person in that loop. And, as I said, that's one part of the job. Its one worker vs three at the most optimistic. Is that better? Of course. Is it an automation crisis? Eh.
Throwing out preposterous numbers that you should be aware are self evidently ridiculous since they obviously can't be true is not particularly convincing.
This explains a lot of why you don't get it. I've already pointed out, the cost of the machines is baked in either way so it's irrelevant. RnD is the main cost of production for the AI because the AI can be endlessly copied for pennies per thousand once the RnD is done. Once the first car-driving machine learning algorithm is perfected, the expensive RnD is over and the only expense is copying it over and over. An AI is software, not manufactured goods, and treating it as a manufactured good will only yield fallacious results.We may be reaching moving in circles territory at this point though.
I just don't care about what machine learning is doing, so I don't understand why you keep bringing it up. Its more or less irrelevant to the issue. Machine learning doesn't really get a cheaper car. I would assume computers aren't driving cost, which may be an overly optimistic assumption.
The cost is the machines to automate the human body.
Edit: looking over your post again, I think we see another major point of disagreement is the assumption that
1) RnD is the main cost of production. This is I think applying software thinking, where the information on a disk is worth a whole lot more than the, well I guess we don't really do this all that much more, but when we did buy CDs its a 20 cent CD with $50 dollars of data on it. There RnD is something like 90% of the cost. Manufacturing goods your talking about RnD being something like 10% if its something with mass production.
I absolutely don't think most of the RnD is done. I think we need to look quite hard at where it's going, however, and be prepared to change our economy to accommodate the way things are going. You could not run the modern economic system off of using silver and gold shekels, we had to adapt how money worked to modern technology. We're similarly going to have to adapt how our economic systems work to include the currently emerging technology of machine learning and hyper-automation.2) That most of the RnD has been done. Experimental models are one thing. Much more important however will be the first hundred or so manufactured. By the basics of Wright's law, or Experience curves, the big RnD yet to do is going to be once you reach the point of building a couple hundred. More or less, every doubling of production, generally you get an x% reduction in price. For machine tools, probably the closest we have, its about a 15% reduction per doubling. So, producing the first 100 we would expect to bring costs down about 60% over 6 doublings. Getting to a 1,000 produced is when the per model costs would be around 20% specialized equipment costs, and such.
This I think is a very different model of events than what you seem to be picturing, where the main hurdle is software design.
Before I joined the Army, I lived off 9.75 an hour working part time st staples living eith a friend in a 550 a month apartment. 2 bed 1 bath. We paid for internet and electricity.No, we've been exploring that primarily through more advanced technology making labor more efficient.
Education fills a head with knowledge, some of which might be false. It has its use, but better tools and actual work experience are what improve 'how well humans can accomplish things.'
It's less durable, less flexible, and only capable of finer manipulation after enormous investments of man-hours and finances to make it so.
Using current transistor-based technology, AI will never be more adaptable, because the fundamental nature of how AI 'thought' operates compared to human thought sticks them with fundamental limitations they cannot overcome. They can operate faster in specialized math-based tasks, and in that specific way be more intelligent, but easy grasp and understanding of concepts is something that is not possible based on current technology.
Now, if a completely new type of computing is invented, we may get computers capable of doing such. But the alternative to the transistor to base that off of doesn't even exist yet, much less having been developed into a mature technology capable of surpassing human thought.
This is not a catch-22 for me, this is a catch-22 for you.
I can and have pointed out the entire history of the first world over the last 200 years as evidence that new technology doesn't result in permanent unemployment. You can't point to any piece of new technology that has, and now you're actually claiming that it's impossible to do so?
When you start claiming that it is impossible for the key evidence supporting your argument to exist, you're in a bad place.
Yes, things change due to technology. Human nature does not, and it is human nature which governs economics, because humans are those who are at base responsible for both production, and consumption. The details change, and some of those details are very important, but a machine is never going to earn a paycheck, go home, pay rent, and then buy food and/or luxuries.
Well gosh, would you look at that. There's a direct relationship between how expensive a thing has proportionately become, and how much the government has intervened with and distorted the market for that good or service.
It's almost like more government intervention makes things worse, not better.
This is such bullshit I don't even know how to respond.
You want some cites? I'll give you some cites.
1. I am staying in a 3-bedroom (the third is small, so let's call it a 2.5 bedroom) apartment, the monthly rent is 830 dollars a month. If I paid for that myself, rather than splitting it with one roommate, I could still afford it on a single full-time job at minimum wage. That's not possible for everyone though, so let's look at some actual numbers.
2. Let's look at rental rates in some non-crazy cities around the nation:
Top two listings in Superior, WI, ~800 a month for 2 bedroom, 1 bath.
~850-1200 a month in Cheyenne, WY, for 2 bedroom, 1 bath.
800-1200 a month in Grand Rapids, MI, though you have to scroll down a ways to get past the expensive stuff at the top of the listings.
Here I actually had to start sorting for cheap stuff; Atlanta, GA, 800-1200 for a 2 bedroom, 1 bathroom.
I know from personal experience that if you're actively looking for a cheap part of the country to live in, you can do so for considerably less.
3. Let's look at food costs. Let's start with an easily-findable list of groceries that'll get you through a week at a decent price. This outta do it. Granted, it's based on 2016 grocery prices, so let's generously slap 20% inflation on that, and say it's 24$ a week, instead of 20. Multiply by 4 for a family of 4 (closest to average American family size), and that's 100 dollars a week. Four and a half weeks in a month, and even though we've rounded up at every stage, we're still coming out to ~450 dollars a month.
We're now up to 1250-1700 or so a month.
4. A car. You can get one as low as 1500$ but I wouldn't recommend going under 3 grand unless you already know the seller and/or the car. Split that up into something spread out by 12 months, and you have 250$. Add insurance, which in Michigan runs around 300$ for six months, and Michigan is one of the most expensive states in the union for car insurance (mine dropped by 60% when I moved out of the state), and you're up to 300 a month. Tack on another 100 a month for gas and minor repairs.
1650-2100 a month in living expenses.
5. Medical treatment. This is an incredibly volatile thing. If your have good genes, don't take stupid risks, and don't have terrible luck, this could be as low as a couple hundred per person per year. One major medical expense though, can run from tens to hundreds of thousands of dollars, and aside from not deliberately doing stupid things, there's very little one can do to control that. For most people though, in their younger and healthier years, the low end of costs is the norm. If we call it 300$ per person per year (which is much more than I generally spend myself, but I'm deliberately erring high), then that's 1200 for the family of four, or another 100 per month.
6. Cell Phone/internet service. This'll run you another 100-200$ a month for a family plan, generally speaking.
This brings us up to 1950-2400 a month.
This brings together bare-bones essential costs, though I did forget to count utilities with rent, for places where that is not included. Based on past experiences, that'd probably run 200-300 a month for a family of four, though bringing our total up to 2250-2700 a month.
Now, what's the income at Federal minimum wage? 7.25 per hour. If we had two parents working full-time at minimum-wage jobs, that's 80 hours a week, or 580 per week, coming to 2320 per month, which is barely enough to scrape by at the bottom end of the spectrum. 1160 dollars personal income per month is enough to live on by yourself, if you're smart, but two incomes at that level is hard for a family to get by on. It's only 29,000 a year, assuming both parents take two weeks worth of time off over the course of the year.
This is a real financial problem for this poor family, but let's look at some expanded statistics...
How much of the labor force is earning minimum wage (or less)? 1.9% a of 2019.
Boy, that really changes the picture now, doesn't it?
Just move up to the 9 or 10 dollar minimum wage common in many states, and you easily exceed the 2700 monthly cost estimate. That's still a really tight budget, but it is livable.
Now, let's look at the situation that you claimed, two college graduates working full-time to keep living in a small apartment. Now, what is the average starting salary of a college graduate?
$53,889 a year, according to one of the top results I found on a quick search. (Granted, I bet they're excluding a lot of graduates with completely useless degrees from their results, but its those graduates own fault for pursuing useless degrees, so they're not terribly germane to this discussion. If they are included in these results, then college graduates are doing way better than 54k a year once they stop dragging the average down.)
Wow. That really changes the picture, doesn't it? That's almost twice what the two minimum-wage earners brought in together. Obviously an average isn't going to account for everyone, but if that's your average, anything approaching a normal distribution is going to mean that a vanishingly low number of people have as low an income by themselves as two minimum wage earners would have together.
And if you put two of these average earners together, you have enough income to live on twice this calculated minimum living expense, leaving plenty of funds for paying off student loans and saving for the future.
So, to sum up, your assertion that the cost of living is so high that college graduates can barely make it on two incomes, is complete nonsense from beginning to end.
In fact, only the 1.9% or so of people earning minimum wage or less are in the kind of crisis crunch you're depicting, and most people manage to start earning higher wages once they've got some experience and track record behind them in life. Before our society became as dysfunctional as it has in the last 20 years, almost all of those minimum wage earners would have been young adults just getting started in life, with a near-certainty of moving on to better paying jobs, even if they never went higher than assistant manager at a fast food place, it'd still put them decently better off than minimum wage.
Implementing more redistributive policies, and institutionalizing further entitlement mentality in our culture, will make things worse, not better, because these are a big part of what has made things so messed up in the first place.
What's wrong with Wisconson weather?Wisconsin weather which isn't all that pleasant.
Hey, that's my home you're talking about!Grand Rapids has freaking 27% unemployment and a violent crime rate 68% higher than average, and everything that isn't a house is so expensive you wind up with 89% of average living expenses... wages meanwhile are so low the average person in Grand Rapids earns only 73% of the national average.
Yeah, I get what you mean. For what it's worth, I live in Oklahoma where the sky regularly tries to Destroy All Humans and I still wouldn't trade it in for California.What's wrong with Wisconson weather?
Hey, that's my home you're talking about!
Yeah. It's a shitpit. But I grew up there. Still have fond memories. Still think of it as home, you know?
The biggest advantage human labor has over machines is that CEOs and busines leaders have to care about their machines.
People are easier to replace.
Lawn care's hard to predict at this point. Basic automation in the form of robotic lawnmowers is already here but the systems we have now are purely for the owner of the home, the lawnmower can't go mow other people's homes yet due to range issues. So owner-operated lawn care is going to start in the next year or so. Roombas went from an expensive novelty in 2002 that cost $1260.00, comparable to a modern automatic lawnmower, to 600 by 2016 to about 200 for the cheaper models today. At the least we can expect the same curve, if not less. The lawn mower going out and trimming other people's lawns for money is more questionable, because relatively few people actually pay for that service. Based on this (somewhat out of date to be sure) estimate, 27 million Americans use some form of lawn or landscaping service, so well under 10% and a significant chunk of those who do may jump at having a robot do it rather than hiring a company that owns a robot to do it. Since this is a fairly low-demand industry which also has a lot of elasticity, money isn't going to be poured into fully automatic lawn mowers like it will other industries.I don't care because AI WON'T DRIVE COST.
You keep thinking of this as a programing issue, instead of a manufacturing issue. That is my criticism. The AI is not a long term problem, for similar issues as what you've said: the AI, at least theoretically, is mostly R&D expenses. You yourself agree that the price of AI is irrelant to all this. Or at least, it should be on any mass job. I'm not sure how affordable it will be on small scale limited use aplications.
What you seem to be missing is the huge amount of additional hardware that you need to replace a human. All that extra hardware is going to be expensive, especially since a lot of it is going to be specialized, limited run production.
As I've explained before, I've worked in a trucking company. Do you know how many truck drivers we would fire if we magically got free self driving car packets for all our trucks? ZERO. Because there are still a whole mess of other things the people do. Taking orders, unloading, refueling the truck and paying for gas, putting out cones, excetera. Fully replacing all the many different tasks the driver involve increasingly expensive and specialized machines that will then require increasingly expensive maintenance and additional support structures.
Unloading the truck for example would probably require something on the scale of a manufacturing arm in a factory. That's a $100,000 dollar machine. Its getting cheaper, but on the other hand you probably want a lighter one than what we build now, and then need to integrated to the power system of the truck, so that would drive expenses up.
Part of my point with the automated lawn mowers that you can't actually do it for even $10,000 dollars.
When do you think automated lawn care would be possible at a cost effective way?
Yeah, so far Economists have been ignoring the fact that the technological context that they're working in isn't really like anything we've seen before. We can make parallels, of course, because history and time love to rhyme, but the reality is people are ignoring the actual reality and focusing on the metaphorical spherical cows at the expense of all else.
Also, add to the fact that fertility rates are largely because of economic and social reasons (children being too expensive and children ruining career chances respectively)...
This sounds like the usual 'feminism is evil!' dreck that I keep hearing from 'conservatives', the sort that keep yelling 'women should stay barefoot in the home!' at the top of their lungs (be publically like some, or via the anonymity of the internet). I'm dead serious here. Also, your models don't include irrational behavior (so far, I haven't seen any model in economics that take that into account) either.people are having less children for a lot of reasons.
One of them is that cheap birth control became a thing during the 1960s, a whole lot of the prevously unwanted children were not born. Another factor is urbanization, cities are engines of fincial growth yes but historically their population sinks that have to be maintained by outside imigration. This is still true just to a much lesser extent because we have fewer plagues. Its generally speaking hard to have kids when you live in a box.
then you get into feminism
Family courts, anti male laws, welfair it all comes together to create a price floor. What you dont think the relationship market doesn't follow the rules of economics? It does.
Relationships in the west were made more expensive, so a lot of men checked out. That consumer surplus thats an entire demographic of cat ladies who will never get married and never have children.
Fact is the coming demographic crisis was in large part created by the government deciding to have the same people who caused the problem in the first place solve the problem they created tends not to work out so well.
This sounds like the usual 'feminism is evil!' dreck that I keep hearing from 'conservatives', the sort that keep yelling 'women should stay barefoot in the home!' at the top of their lungs (be publically like some, or via the anonymity of the internet). I'm dead serious here. Also, your models don't include irrational behavior (so far, I haven't seen any model in economics that take that into account) either.
The reality is that feminism isn't the real problem, insomuch that any ideology can be, but everything else and especially a series of anti-equalitarian social mores. Remember, women don't have children if they're career-minded because children effectively nuke careers (we're talking about at least 6 months here, maybe more, out of work). Add to the equation that children are expensive (seriously, tallying up everything that a kid needs is mind-boggling, and that's before you get to things like medication and therapy for those that are atypical, the latter category is something that I'm part of!) anymore, men are less able to get away with abuse (some of the stories that my grandma told me about her first husband were a bit chilling) without consequences, and the like...
... yeah, you can see the social mores collapsing. The funny thing is we're still working on a lot of those social mores despite their collapse, which is one of the major problems in fixing it.