asterisk2a + commoditization + lobby + basic + avoidance   3

Robots are coming for your job. That might not be bad news
The problem with automation isn’t technology. The problem is capitalism. // [ Deflationary pressure, 3bn people in developing world and frontier markets unemployed, waiting to join workforce. ] [ who buys the gadgets and widgets when half the world is unemployed ] // This time, as Martin Ford argues in Rise of The Robots, education and upscaling won’t help us. There will simply be fewer jobs to go around, as everything from accountancy to journalism will be done faster, cheaper and more efficiently by machines. The result, as Jerry Kaplan agrees in Humans Need Not Apply, is that billions will be left destitute – unless we radically rethink our way of keeping people fed.
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october 2015 by asterisk2a
Will Advances in Technology Create a Jobless Future? | MIT Technology Review
Who Will Own the Robots? - We’re in the midst of a jobs crisis, and rapid advances in AI and other technologies may be one culprit. How can we get better at sharing the wealth that technology creates? // BY MARTIN FORD - The Great Divide: Unequal Societies and What We Can Do About Them BY JOSEPH E. STIGLITZ &! Inequality: What Can Be Done? BY ANTHONY B. ATKINSON &! The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BY ERIK BRYNJOLFSSON AND ANDREW MCAFEE // &! Paul Krugman - “A lot of what’s happening [in income inequality] is not just the gods of technology telling us what must happen but is in fact [due to] social constructs that could be different.” - gov policy, corporate policy (ie 4-day work week and 6-hour days because productivity and profit margin do allow for that, and more brings diminished returns etc etc but will that go down well with Wall Street?)
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august 2015 by asterisk2a
The Surveillance Economy and Extreme Income Inequality: You Can't Have One Without the Other - YouTube
Uber and Airbnb is equal to informal economy (uncertainty) = staying power only for owner of marketplace (wealth accumulation & ultimate bargain power as owner of (monopoly/oligopoly form of marketplace). Silicon Valley made the informal economy cool again bc its on your smartpone (homescreen). Uber & Co are becoming, as owners of said marketplace, the new super elite (with no shared economic interest & no stakeholder in local economy). Disenfranchised & Price war. // The perfect, crazy, too good to be true, idea - will crash eventually (accumulating wealth with little to no input [see stakeholder theory/shared economic interest/long-term views and interest!]). // Start-up Lesson/Advice: "cost of choice" & paying computation with advertising = corruption (Google, Facebook &Co) paying (Wall Street, short-termism [Fast Food]) for micro-management of your life, of your choice. = U loosing free will. // youtu.be/kZO8mgarU0k youtu.be/XdEuII9cv-U youtu.be/cCvf2DZzKX0 youtu.be/5puB_7Q2n74
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june 2015 by asterisk2a

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