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Comment: Select your servant (Score 2) 291

by backslashdot (#49329963) Attached to: Steve Wozniak Now Afraid of AI Too, Just Like Elon Musk

When choosing a servant, you want to interview them to make sure they aren't anywhere as smart as you. At least now in general, maybe in a specific task .. but in general you don't want them overall smarter than you.

In the future, instead of having a job you will own shares in a factory that has robots. In essence you will own a robot .. and the output in terms of productivity will be your salary (or shareholder dividends). For those who do not invest wisely, the government will provide them some minimal amount via taxation of the shareholders. Or maybe the company directly. I don't know. Vote for for what you like.

Since robots will be doing all the work, the cost of stuff will be dirt cheap. Food will be synthetically produced in giant vats, powered by fusion energy.

Comment: Have we handed the government control over it? (Score 1, Insightful) 347

by backslashdot (#49243697) Attached to: FCC Posts Its 400-Page Net Neutrality Order

This may not work out in our favor over the long term. How soon before they start overtly regulating content?

This Net Neutrality "gift" may turn out to be a trojan horse. There must have be some other way to ensure the net stays neutral without classifying it as a utility subject to government meddling.

Comment: Re:Talk to her NOW (Score 1) 698

Yeh I love how people think wisdom and advice is important, when actually it's actions. Words are a dime a dozen. Study hard and avoid crazy partners that keep you down? Uh, yeah I knew that. Care about your fellow human and don't rob & steal? Ya think? I think you are right, just record some daily activities showing what you were like -- stuff showing you doing things that a good person would be doing (charity, reading a book etc.). Most lectured advice stuff might end up being fake anyway, and downright inapplicable or wrong. Try to put them on a path where they have financial security and good mentors. Finally, the solution should be based on the individual, of which there is no average. So what works for one may not work for the other, you can only hope to find the path of highest success probability.

Comment: Re: Yeah.. they can't find "engineers" in the coun (Score 1) 176

by backslashdot (#49123259) Attached to: H-1B Visas Proving Lucrative For Engineers, Dev Leads

Why yes duh of course I am super interested in making my fellow Americans suffer economic hardship, what else could my intent be. WTF? Just because I have a better understanding of economics than you doesn't mean I somehow care less about people.

Second, you are saying society gets to pick who gets a job and who doesn't? When you force a minimum wage for jobs it means the jobs that are open for people willing to work for less are closed while the more experienced elites still get to work for their 200k salary. I understand the intent behind it, but wages shouldn't be decided based on what you think a person "deserves" as their salary. If that were the case we should be forcing our corporations into paying our veterans ten times what a top engineer makes.

The best thing for an economy is a reduced production cost. This means that low wages can buy more, and also that shares in a company would pay high dividends. I mean, if you owned a robot that works in a factory (equivalent of owning shares in that factory) wouldn't you be better off if that factory made more money? Notice how with automation the economy has not collapsed? We have more automation than ever before in history yet we also have a large amount of jobs and can afford a lot of things. Even the government gets its cut from it and distributes it as welfare. In the 1950s many people could not afford a tv and a fridge. Yet today nearly everyone can, plus a smartphone and a computer. Low production costs = increased supply and increased affordability.

At which point would you agree there is a shortage? When the salary is $200k but the price of housing has doubled because everyone is making 200k and wants to live in the same location?

Comment: Re:Mountain View (Score 1) 176

by backslashdot (#49120175) Attached to: H-1B Visas Proving Lucrative For Engineers, Dev Leads

Way to spread false information. I suppose it's good in a way. Last thing we need is people who can't be bothered to verify stuff somebody tells them moving to the bay area.

Fact is, $60K is the $30K equivalent in the bay area with 45 minute rush hour commute (Caltrain or drive) to Mountain View (without roommates to share rent). Allocate $1.2K for rent in San Jose and 30% extra for all other expenses. Yeah its tough to live on that but I really want to see what you can do with $30K in Atlanta. With 120K you can be comfortable in the bay area.

Comment: Re:Yeah.. they can't find "engineers" in the count (Score 1) 176

by backslashdot (#49119971) Attached to: H-1B Visas Proving Lucrative For Engineers, Dev Leads

Obviously you can keep increasing the salary until you'll find an American able or willing to do the job. But then that means your risk capital expenditure increases. Just about everything you put money into comes with a risk. If you own a business, there is only so much money you are able to gamble. The more risky something is, the reward potential must go up exponentially for someone to invest in it. What am I getting at, if the cost of entry to making a startup or company is high, less such companies will exist -- why would VC's dump money into it. Overall result ---> less products and innovation in the market, higher prices to consumer. So if the prices of everything goes up, how does it help the engineers with their higher salaries?

Fact is that the more engineers in the world we have, the cheaper goods we will get. I mean, what if Apple was the only company able to afford engineers? What if Samsung and non-American companies were barred from selling cell phones? Smartphones would cost an insane amount -- few people would be able to afford it.
If less people have smartphones other areas of the economy would be affected too.

And btw, why aren't there americans willing to work for $60K? I mean really, if you have an CS degree + student loan why would you choose to work at McDonald's for $20K? Now I agree that $20K is not a living wage, but $60K .. come on .. even with student loan burden of $800 a month, it's still better than $20K at McDonalds or living on welfare. The monthly payment on a $30,000 student loan (which is slightly above the average 2014 graduate's debt) is approximately $300 (assuming 6.8% interest and a 10-year repayment plan).

So basically I am supposed to believe that computer science graduates rather sit at home or work an unlivable wage at McDonalds than take a job for $60K, which more than easily covers their student debt cost?

Now for engineers, $80K is an unlivable wage? What's the livable wage for a particular degree, that you would agree there is a shortage at?

I guarantee that whatever you force wages to rise to, it will not be enough --- because the price of everything will rise correspondingly plus extra.

Comment: Re:Socialism or barbarism (Score 2) 389

by backslashdot (#49074437) Attached to: What To Do After Robots Take Your Job

Uh, or we can have 90% private ownership with some social ownership? I mean in the future, maybe instead of investing in education (which will be freely available, in fact it already is) .. we will invest in companies. So basically people will just make money off their mutual funds. People who never had any savings, they can be given shares on a charitable basis. I mean, the government can tax the automated factories and provide some welfare off that. I mean this sort of thing is possible today, if you own shares in a successful company like Apple you can just live off the dividends. This is the equivalent of "owning a robot", it does the work .. you get paid for it.

People will buy anything that's one to a customer.