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People are worried that automation means that we will lose so many jobs that we will have to create a UBI just so that people won’t starve.
We should stop automation because people won’t have anything to do
What will likely happen is automation will keep taking people’s jobs just like it always has
Automation is just using a natural process to get something done without human time being spent.
By natural I don’t necessarily mean “nature” but the natural laws of the universe.
If we build a computer that can solve a problem that means that we have used natural laws to create a process that gives us the desired outcome without spending human time. We created the process and now it just works, over and over without additional cost.
People will need to be adaptable as the job market changes
Value = how much time someone takes to do it * how much expertise (expertise is just another way to say time because it takes time to get the expertise)
Automation can decrease these two variables which means it will make things cheaper
Anything we pay for is to get another human to do something for us. Robots don’t need to be paid.
If robots really did everything then everything would be free and we wouldn’t need jobs anyway.
So this means there is nothing to worry about?
No, many people will probably lose their jobs as the jobs become obsolete.
We need to make sure that our skills are flexible so that if our jobs become obsolete we will have other options.
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Many people make commitments either formally or informally.
To meet someone for a meeting
To do something
Many people don’t seem to take these things seriously.
If you’re a few minutes late, no big deal (no!)
If you say you’re going to do something then do it!
If you don’t then you are a liar! I know it sounds harsh but that is the reality. So we need to stop lying to ourselves and to others.
Now there are two ways to help with this
28 A certain man had two sons; and he came to the first, and said, Son, go work to day in my vineyard.
29 He answered and said, I will not: but afterward he repented, and went.
30 And he came to the second, and said likewise. And he answered and said, I go, sir: and went not.
31 Whether of them twain did the will of his father?
If you are always late to things, here are some tips.
How late are you normally? Add 5 minutes to that and start preparing to leave that much before you normally do. If you really struggle try being ready to walk out the door 15 minutes before normal. That way, worst case scenario, you just have to sit and wait for 15 minutes before leaving.
Sidenote: Find out when it is appropriate to arrive. For a meeting with a specific start time where people will be waiting on you it’s a good idea to be at least 5 minutes early so that you can start right on time. For some things, like parties or other gatherings where people are coming and going then being a few minutes late doesn’t really matter.
When you say you are going to do something, make a way that you can remember it. Add it to your to-do list, set a reminder on your phone, add it to your calendar, etc
Make sure that you can follow your commitment to get it done!
Over time, people will start to be able to tell what type of person you are, whether you are the first son or the second son. They will know whether or not they can trust your word, in other words they will know that you are a liar or not. I know it sounds harsh but that’s really what is going on. You are naively lying to people.
Now when you make commitments to yourself you need to follow similar guidelines. If you decide you want to start a new habit or two, make sure that you are willing to do what it takes before you commit to it fully. It’s ok to say that you are going to try to be a little better here and there until you’re ready to fully commit yourself. It’s better to not commit fully and then do it anyway than it is to commit and then not do it.
When you have decided to commit to yourself to do something. Plan accordingly, like with commitments to other people, you should make sure you remember and make a plan that’s easy to follow that will allow you to get the thing done.
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This will tie into my spreadsheet that tells me the best use of my money. If you can compare APR with buying things at discounts it can easily tell you if you should pay off a debt, buy at a discount or invest in some other way
First you have to be able to determine what the average price is.
Then you can see how good of a deal the item is
Then you need to figure out how often you use the item
If you buy 10 items that you use about 1 per month at a 50% discount:
Every month you are saving 50% on the purchase of the item
So each month you are basically getting a dividend payment for the price of the item for 10 months
Problem is calculating real roi
Compounding makes this difficult
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Lots of talk about ubi.
Benefits:
Help the poor
Get rid of current welfare systems
Improve the labor market (workers have more leverage)
Problems:
How much should it be?
Where does the money come from?
-If it's paid from taxes that would be a huge tax burden with potential moral problems.
-If it’s paid through inflation the rate of inflation would probably be too high
I personally don’t think UBI has a good moral footing. Forcing people to pay money to others just because we think it’s a good idea.
An idea that I came across that is somewhat similar is URI. (Universal Resource Inheritance)
URI comes at the question from a different direction.
Instead of saying that we should pay each person a certain amount per year (which is just an arbitrary number) by taking it through our morally questionable tax system, URI gets similar results from a different paradigm to property rights
The earth is the inheritance of everyone. The human race shares it
Current property rights says that whoever improves the land first gets it until they sell it or gift it to someone else.
There is no more empty space that can be claimed. Where is the share for future generations
This is not how it has always been done
The Hebrew Law divides all land equally and ensuring land stays in the inheritance forever by returning the sold lands to the original owner family every 50 years.
This basically means that you are never really “selling” your land. It is just being leased for no more than 50 years. This insured that the land would remain in the control of the original tribes.
What if we had a similar system where everyone in the world shared ownership of the earth and collectively we leased it out to each other?
This is the idea of URI
All land would be taxed at 5%
This would then be equally distributed to everyone on earth.
This is equivalent to each person getting their share of the earth but then leasing it to the current owners.
Real Estate - create shares for each piece of property and do the same as equities whoever owns 50% + 1 gets to make decisions about the property
Some proponents suggest that we should do the same with equities and money, the idea here is that we are including all of the worlds wealth not just the land.
Money - inflate the money supply
Equities - create 5% more shares and sell them
I’m not convinced that this idea should apply to equities and money because I feel like land is the thing that we are sharing while money and equities are things that people create...
https://medium.com/@bytemaster/universal-resource-inheritance-505e7ca4d048
https://medium.com/@bytemaster/in-defense-of-universal-resource-inheritance-1bb760cd27c4
Why do we think this is ok?!
Leave some feedback or ask a question
The person in front of you is the most important at that moment
If you get interrupted by a notification ignore it! Apologize if you really have to look at it and definitely don’t respond unless you have to and then tell the other person
Train yourself to not look at notifications
Turn off unnecessary notifications
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