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Comment Re:Automation and jobs (Score 1) 720

Sadly, the likely outcome is drop in the quality of life for everyone involved.

That makes no sense.

Look at it from a macro-economic perspective: The reason we're moving to automation is because it increases efficiency, allowing us to produce more goods with fewer resources. That will increase average standard of living.

There are a couple of ways it could go wrong, of course. One is that the increased efficiency and therefore increased wealth could end up concentrated in the hands a small percentage of super-wealthy people. We've actually seen a lot of this over the last few decades, but we've seen it previously during other technology-driven economic restructurings as well, and what always happens is that competition eventually drives the margins of the super successful down and in the end the wealth ends up getting spread more broadly.

That points to the other way it could go wrong: The common man only gets his share of the increased wealth by doing something to earn it. Even though increased efficiency means there's more to go around, barring some sort of large scale government-driven redistribution, you still have to work for your share of it... which means you have to be able to do something that others who have wealth consider of sufficient value to pay you. So the other way it could go wrong is that there may simply be nothing available for such people to do.

That last is also a risk we've seen bandied about in past economic shifts, especially the shift from agricultural to industrial labor. What has happened in the past is that we've created new kinds of jobs doing previously unheard-of or even previously-frivolous things. I don't see any reason that this time should be different. I expect the transition to be painful -- and the faster it happens the more painful it will be -- but I don't think there's any end to what people want. People with resources will always want things that people without resources can supply. I don't claim to have any idea what those things will be.

It's also possible that I'm wrong, and that we'll have to take a socialistic approach to distributing the fruits of automation-driven productivity increases. I don't think so, and I think we should be careful not to move that direction too quickly, because it has huge negative impacts on productivity and we're going to need all of the productivity increases we can get, but it is possible.

Comment Re: This is silly (Score 2, Insightful) 720

You do realize that people aren't, you know, actually, like, supposed to be able to support themselves with the lowest-paid jobs in the country? These are the kind of jobs that used to be done by kids still living at home, not those who expected to make a career and raise a family by saying 'Do you want fries with that?' a thousand times a day?

Comment Re:This is silly (Score 3, Insightful) 720

Exactly. There's no way the Democrats can lose by demanding a minimum wage increase:

1. If people aren't laid off, they'll vote for the Democrats for more wage increases.
2. If they are laid off, they'll vote for the Democrats for more welfare payments.

It's a win-win in the short term, even though it's disastrous for the economy in the long term.

Comment Re:Remember when WSJ had a modicrum of decency? (Score -1, Troll) 720

Obamacare has increased the cost of employing people, the usual suspects have been demanding that McDonalds' pay their workers more, and it's clear that the Democrats are going to keep demanding that the government force low-skilled workers out of work... sorry, increase the minimum wage. Any company not looking at automating away low-skilled and unskilled jobs at this point is just silly.

Comment Re:Automation and jobs (Score 0) 720

And why, exactly, do you think any of those rich individuals and corporations would remain in America, when you're forcing them to work just so you can steal their money and give it to the people who don't?

Oh, you're planning to build a wall along the border to keep your slaves in the Gulag, right? And require exit visas to leave on a plane?

You and all the other 'guaranteed income' nutters are simply insane.

Comment Re:Remember when WSJ had a modicrum of decency? (Score 4, Insightful) 720

Now, I'm not so thick-headed as to imagine that they wouldn't come up with something like this to help franchises with wage costs, but I'm also aware that this tech is coming to all sorts of places other than Seattle where the minimum wage actually went up.

The fact is that it's going to happen regardless of where minimum wages are set, or even if there are legally-mandated minimum wages (as opposed to the market-determined real minimum wages). Anyone who thinks most unskilled jobs aren't going away is crazy. The question is at what rate this change will occur, and it seems quite clear that high minimum wages will make more automation economical sooner, pushing the rate of change.

We're edging towards a major economic restructuring driven by widespread automation. We've had automation-driven restructurings in the past, and dealt with them, and this too will be handled. But when you're talking about widespread elimination of old jobs and creation of new jobs, speed kills. Retraining, and even just adjusting to the new reality, take time, and in the meantime millions upon millions of displaced workers are a huge drain on the economy, not to mention miserable.

I think it's pretty clear that high minimum wages are a forcing function for this transition, and I don't think it's something we really want to force. Ideally, it would be better to slow it down, at least in terms of the human cost, though the most obvious mechanisms for slowing it (labor subsidies) may also dangerously distort the economy.

Comment Re:Remember when WSJ had a modicrum of decency? (Score 2, Interesting) 720

Yeah, you're right. Why would a company which employs millions of low-skilled workers want to get rid of them just because the government demands they pay them more and has set interest rates near zero so borrowing for capital investment is nearly interest-free?

Totally makes no sense to anyone but EVIL RIGHT-WINGERS.

Comment Re:FUD? (Score 1) 700

Criminal? Really? What laws are being broken exactly?

They're rendering your device unusable, which they may not do knowingly.

Have you read the license for these drivers?

That is irrelevant. You cannot give yourself rights with shrinkwrap license. The law still wins.

few people are going to spend the money to take FTDI to court over this.

If only one of them does it, they will have lost money over this.

MAY IRRETRIEVABLY DAMAGE THAT COMPONENT

Yes, if they did it by accident. If it can be shown that they did it on purpose, and that is almost certainly the case here, then it doesn't matter what they put in the license.

Comment Re:Phones getting too big .. (Score 3, Interesting) 258

for my girly little hands apparently.

I liked the size of the iPhone 5/5s. It was an ideal size (for me). This iPhone 6 feels a little big. Can't even imagine what the 6 Plus would feel like :\

Depends on what you want from a phone, if you only want a phone and e-mail/SMS terminal with emergency browsing capability and a nav app with a tiny map display then something the size of an iPhone 5/5s is fine. If, however, you want to do more like read e-books, edit documents, play games, etc... then a device the size of the iPhone 6 is at the lower end of the usable but a bit beyond the upper end of how big a phone should be. So the choice you have is a device that's the right size for a phone but a crappy size for a tablet or do you want a device that is a usable tablet but too big for a phone. The perfect mobile device has, what? something equivalent to a 15 inch or bigger display but is still physically no larger than a match box and those are irreconcilable demands until we are able to project holographic displays like they do in scifi movies. The Google glass is another take on this but I would prefer the holo displays. I suppose you could also go for the Borg solution and splice the device output through a wireless link directly into the optical nerve but I'm not that obsessed with the mobile lifestyle so I draw the line at surgery. Eventually this issue will be solved and probably with a technology none of us can currently conceive of at this moment.

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