The economics of minimum wage, basic guaranteed income, McDonalds, Seattle, and production all rolled into one convenient video:
The economics of minimum wage, basic guaranteed income, McDonalds, Seattle, and production all rolled into one convenient video:
I’ve tried to post this twice already. Maybe it’s all the HTML tags involved, but I haven’t seen it come up yet. If this duplicates, or triplicates, I apologize.
Part I:
Well, that’s one view. Here’s another (and a lot of you have seen it – Humans Need not Apply).
https://www.youtube.com/watch?v=7Pq-S557XQU
For those of you who don’t want to watch the video, here’s the Wikipedia summary.
“The film focuses on the topic of robots’ rapidly increasing usefulness through human society, discussing how automation will lead to a future where “humans need not apply”, in regards to their occupations.”
Part II:
As to breeding to the Malthusian limit, well, there’s this. Note how much of the map – the part with the welfare state (free money for poor people) – is blue. People don’t have kids if they don’t need an insurance policy for when they get old.
https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_by_fertility_rate
Part III:
As to personal services and prostitution being a human monopoly, here’s Milo’s article on sexbots.
http://www.breitbart.com/big-government/2015/09/16/sexbots-why-women-should-panic/
Jobs? They’re toast, in 50 years. But no argument on the “nobody will starve in the future.” The future will be way better than the present.
And when Robots go on strike…
I am so happy I share a part of a pseudonym with him.
Harry Harrison’s “A Stainless Steel Rat is Born” envisages a “McSwinneys” fast food joint that is totally robotic, no humans required, aside from the maintenance and re-supply techs and the armored car currency collection services. On a human interaction level, it can’t be much different from my recent McD’s experiences.
I remembered reading all of “The Stainless Steel Rat” books as a teen, and being disturbed by how his economies didn’t seem to make sense to me then. I picked one of them up again last year and tried to read it – I got less than half-way through before throwing it in the garbage. It’s amazing how a little life experience can ruin a “good theory”.