Singularity is like prophecy of end of the world, but every one say let's all get together and die together in this revelation of singularity, because after all there could be eternal after life. This world is going main stream crazy
Actually I think you are highly optimistic about the Right; they may not say 'we do not want any social safety net'; however their actions certainly indicate this is really how they that view/want things to be.
those who think we'll all be out of work fail to consider that new technologies create the opportunities for new businesses and models. It will take some time to automate - out humans from each of these new businesses and markets. The question should be: "Will the rate of new-business creation outrun the rate of old-business destruction?".
Joseph Urban There will be new opportunities, but many people will fall by the wayside first. Because there will not be massive creation of huge numbers of high paying, low skilled “factory” jobs, nothing like the Industrial Revolution. Information Age jobs will require skills, technical training training, and knowledge, and there will be a hard passage of transition that will disenfranchise many people who are not preparing right now for that eventuality. The transition is what we all have to prepare ourselves and our country for. We need to invest in Americans’ education for the future of work so that Americans can compete successfully in large numbers and bit be dependent on better educated foreign workers to run indispensable systems; like nurses and doctors, teachers and counselors. What I know for sure is I want a 3D printer!
Isn't it more likely that that governments will nationalise the means of production, once the majority of their electorates are unemployed and unemployable, bringing digital and robotic industries into public ownership as national assets for the greater good?
On the Safety Net in the USA, I think he should have a closer look at the Republicans... as for having a prosperity, I see more things to push the safety net in UK/EU/USA the right do want people starving on the streets, or dying on the steps of hospitals... I don't deny the future is looking great, but I see a group in his 1% that want to disrupt that future, for their benefit, rather than the 99%... he is living in a bubble...
Apps have plateaued.... we are looking at a second tech boom with AR/VR.... 2years? The hydroponics will be huge. An most likely with all the new advancements in AI we will see robots tending the fields pulling weeds, checking and adding nutrients in the fields. And maybe even harvesting of crops. Disruptive technologies always force some out of business, but it always leads to better ones for those who prepare to work at those jobs...... As far as political parties go, I don't think they even know this is coming..... they don't have time to fully understand where this is going..... it's early on, so we will see how long it takes to get up to speed. We need to drastically increase internet infrastructure...... build it and they will come......
Ray seems like a middle-of-the-roader: "Yes, capitalism is good...but!" The but introduces his seeming approval of the so called "safety net". A government sponsored safety net requires a dab of socialism. What Ray seems to not concern himself with is this little inconvenience called the U.S. Constitution. Social Security is unconstitutional as are hundreds of other endeavors the federal government is involved in not to mention the thousands of pages of unconstitutional regulations . As regards social security Ray, believe it or not not all of us are opposed to seeing it discontinued. I am one of those evil, uncaring people that believe it should be abolished in the most painless way possible. Either that or pull together an amendment to the constitution permitting it then send it out to the states for ratification. That said he's 100% correct regarding the impact technology will have on us. Eventually, barring a Luddite takeover of human civilization or other similar disaster, technology will make all these concerns irrelevant. The age of abundance will arrive! Interesting video. Keep it up Ray I love 'ya.
It probably would have been fine if the money was used as investment and locked away. Instead the politicians created the "pay as you go" systems so they could raid the funds. Now, it is a completely unworkable system. You cannot eat or pay your rent on "IOUs".
Oh dear - full of shit. They could have had social security in Ancient Rome those families were so fantastically rich, comparable to Saudi princes today but they didn’t have a humane outlook on life. The reason we had no social security is because we didn’t have the money is one of the worst arguments I’ve ever heard in my life. The reason we have social security is a result of mass education, two world wars and what the lower classes felt they were owed from the aristocracy for their sacrifice, the fall of royal houses and the emergence of democracies.
Partly. The wealth generated by the Industrial Revolution did enable many social safety benefits (and a consistent food supply) that were simply not possible before. But techno-utopians DO have a tendency to underplay the social justice aspects of wealth distribution because they think technology - or at least wealth-generating technology - will solve all of our problems. Michio Kaku says that getting rid of scarcity would get rid of all conflict, but most conflicts of the past few hundred years have not been caused by scarcity. And the threshold for getting rid of violent conflict by drowning ourselves in wealth has been absurdly high. And even then many people are still not happy, regardless of their wealth. Both of these things points towards a deeper problem - it's the way we are wired that has to change to really transform society.
Oh my goodness, stick to technology. You're clueless about economics. I'm a minute and a half in. There are indeed people on the right who want no medicare or social security. And the reason why wages have increased 10x in 100 years is because of inflation. 100 years ago $1 might be worth $100 today. So if someone made $1 100 years ago they're making more than someone making $10/hour today. You're brilliant with technology Ray. Stick to that, get out of economics.
There is truth in what you say. After adjusting for inflation we have crested in terms of real income increase. The middle class with a college education has been kept at the year 2000 income levels. Those without a college education are losing real income and losing it fast. It is easy to be indifferent about these topics when you are rich.
I like his viewpoint but it sounds overly optimistic. Unless the second coming of the messiah happens, or human beings have some sort of Woodstock-esque renaissance of love and peace, I just cannot imagine such a utopia. Corporate elite and Government give nothing for free. It will likely result in some kind of neo-communism dystopia. Everyone who isn’t elite or a government worker lives on the same low-tier level, but it’s ok, because you no longer have to worry about food or money right? Just shut up and don’t dare bite the hand that feeds you.
Nevertheless Ray made 1 obvious mistake: Social Network set up FURST, and the Wealth came SECOND. Just remember the time SS came up - Great Depression! Consequence is NOT THE WEALTH ALLOWED SOCIAL NETWORK, but quite opposite SOSIAL NETWORK CREATED WEALTH.