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Author Topic: Stephen Hawking: ‘technology is driving ever-increasing inequality"  (Read 2256 times)
thejaytiesto
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October 15, 2015, 01:06:47 PM
 #21

The only way around this is a universal welfare plan for those that are condemned to perpetual unemployment due technological development. Im still waiting to see a realistic alternative to this that isn't some fairy tale about how people will be all entrepreneurs, become robot technicians or how there will be "new jobs for everyone" and other delusions. Im sorry but 20 century capitalism is over.
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October 15, 2015, 02:14:43 PM
 #22

The most astonishing thing about technology is that it was to be expected that indeed it would end the need for people to work so much. By ending the need for some human labour, it would create opportunities to decrease working time. Most people in the 20th century that wrote about the future imagined a world like that, with less working time.

However, because of globalization, what we see is the decrease of the price of goods, not the increase of the wages or even a significant decrease of working time. On the contrary, since 2008, we are seeing a stabilization or even a small increase on the working time (and limitation of the rights of workers), also in many countries of the developed world (see about OECD counties: https://stats.oecd.org/Index.aspx?DataSetCode=ANHRS; moreover, some of the small decrease of working time might be unwanted by the workers, but forced on them as part-time jobs with half wages).

The increase of productivity is going straight to the pockets of the capital owners and managers or to decrease the price of goods. Now, some CEOs say that their working force only cost them 10% of all their costs. They pay more in energy, raw materials, machines, renting places, etc.

Forget about technologic unemployment. Employers will put uneducated workers to work, for pennies, if necessary on small services, just to increase employers' happiness. They love to have an army of (sub paid) servants. Why have a robot as butler, it will give much more status to have an (almost) slave human.

My main posts and a few more are reposted here: https://oneskeptic.tumblr.com
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October 15, 2015, 04:45:10 PM
 #23

We have seen this in the mining and agriculture section. A perfect example would be the Gold Rush series on TV. Those guys run a 1000 ounce season with a crew of 5 to 6 people.

In other 3rd world countries where things are not automated with huge bulldozers... 1000's of people are needed to do the same amount of ounces in the same year.

In first world countries automation has totally taken over from human labor... most tasks in agriculture are done by fancy electronic and satellite guided vehicles with

air-conditioning.

We have brought this on ourselves... Machine's does not need unions and labor has become too expensive and unreliable and lazy.  Huh Bitcoin will also replace the need for some

financial services, because they became too expensive and not trustworthy.  

Signature space available for your Ads :-.>
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October 16, 2015, 03:19:39 AM
 #24

I think even wealthy people and convinced libertarians will come to the conclusion that some sort of wealth redistribution is simply essential for economy to function in the highly-automated world. Without a strong middle class who will buy goods and services which the corporations, owned by these wealthy men, produce?!
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October 16, 2015, 11:34:37 AM
 #25

http://www.marketwatch.com/story/5-questions-with-stephen-hawking-technology-is-driving-ever-increasing-inequality-2015-10-08

Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?

Hawking: If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality

is easy to predict that, evebody can reach that conclusion, the question here is if we are ready to evolve at the same time that the technology is doing, i mean that technology is not here to cause large unemployment by performing jobs faster, technology is here to help us to evolve faster without having to cause that.

the thing is, that we are not ready for that, if we don't evolve our humanity at same time that technology is doing, we are lost.
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October 16, 2015, 02:48:41 PM
 #26

http://www.marketwatch.com/story/5-questions-with-stephen-hawking-technology-is-driving-ever-increasing-inequality-2015-10-08

Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?

It will be just like the industrial revolution

Jobs will be destroyed in certain areas but also, jobs that do not currently exist will be created in others

Value is can never be lost, it can only be transferred

So i think "technological unemployment" is a myth, or at least being blown out of proportion
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October 17, 2015, 03:44:37 AM
 #27

Technology is driving income redistribution.
If you look at the tech billionaires of today, they are not from established, wealthy families.
Technology has created a new class of wealthy individuals.

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October 17, 2015, 11:02:58 AM
 #28

I don't it's the advancement of technology that we should put the blame everything on. Although I could be wrong but for me the biggest contributor are the flaws of the economic and monetary system that we adopt and accepted here that leads to all the inequality.

n2004al
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October 19, 2015, 03:06:01 PM
Last edit: October 19, 2015, 03:37:14 PM by n2004al
 #29

http://www.marketwatch.com/story/5-questions-with-stephen-hawking-technology-is-driving-ever-increasing-inequality-2015-10-08

Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?


I think that technological unemployment is a wrong conception of development itself. During all the story of their existence the human being has invented in continuation. Invention in itself is development of technology. Originally the technological development was the invention of the wheel. There are no data about unemployment that caused this big invention but I think that the human kind has survived to this big development (it is really big) and has continue with others. Slowly but with determined steps this development has build our actual civilization. The last century was full of big technological inventions. No data about unemployment caused by such development.

Where is the point of my comment? The technology doesn't cause unemployment but development. Development mean more workplaces. But these workplaces need learning and adaptation. So is up to the people to learn an adapt to the new reality create by the development of the technology. The more hardworkers do this thing and have more. The others (who wait that something become from the sky) remain behind and without work. But must not be forgot that this kind of people will be in the same situation even without the development of technology. It is in their nature to wait and not to adapt. The life is entirely a continuous adaption. With or without the development of the technology. Who go forward is able to survive and to live better. Who remain and wait is always in risk to be "punished" by the life itself.

To be fair and to give my personal experience not everything depends only from the capacity of adaption of the people. A good percentage in the success of everyone play even the luck. Someone which is rich have the possibility to go in good schools and Universities, create a good social network in which everyone help each other in life. A poor person have much more difficulties to achieve something good even if can be more able and smarter than the first. The first had the fate to be rich. The second have the bad luck to be born poor and without having the resources of the first. Are to many the aspects and the form in which the luck appears. May have the luck to help someone in difficulty and this last have to many chances of work to give to him's savior. May give all your money to someone in which you have faith and he abuse with those leaving you without the resources with which you wanted to create your personal business. Without wanted to tell more, the point of all this paragraph is that don't is enough the hardwork but needed even some luck to have or even create an work.

But one thing is sure. Without the technological development there is not never increase of wealth for everyone and nor development of humanity. Those two things don't create never unemployment but new workplaces and new possibilities for work. In other words create employment.

designerusa
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October 19, 2015, 03:35:08 PM
 #30

I agree with Mr. Hawking. Technology overall is good thing for humanity.
But I know one day this lobby thing will happen and owners of technology will carry power.
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October 20, 2015, 10:24:55 PM
 #31

http://www.marketwatch.com/story/5-questions-with-stephen-hawking-technology-is-driving-ever-increasing-inequality-2015-10-08

Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?

Hawking: If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality
No technology will not cause unemployment,Machines already has replaced humans and still humans are needed,i dont believe in robotic world,Robots will serve humans no replace them,technology will provide change,new kind of skills will be needed
question is what kind of technology,technology for humans better life,technology for money,technology for war
It is always in humans hands what will be our future


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Pab
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October 21, 2015, 01:22:18 AM
 #32


 Looks like some policmans will loose his job
Artificial intelligence experts point to looming danger amid unpredictable technology and fears that technology could ‘seduce us into warfare’
scary a little or even a lot

http://www.theguardian.com/technology/2015/oct/20/campaign-to-stop-killer-robots-warning-united-nations


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Nothing like healthy scepticism and hard evidence


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October 23, 2015, 01:49:57 AM
 #33

Recently, Hawking also warned against artificial intelligence, as a real threat to us all, not just science fiction.

Elon Musk said the same thing.

http://money.cnn.com/2015/07/28/technology/ai-weapons-robots-musk-hawking/


My main posts and a few more are reposted here: https://oneskeptic.tumblr.com
n2004al
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October 23, 2015, 07:54:58 AM
 #34


 Looks like some policmans will loose his job
Artificial intelligence experts point to looming danger amid unpredictable technology and fears that technology could ‘seduce us into warfare’
scary a little or even a lot

http://www.theguardian.com/technology/2015/oct/20/campaign-to-stop-killer-robots-warning-united-nations

Don't worry. Technology will be never able to compete with the human being. All the secrets of any kind of technology are known by the human kind who invented/created it. So he is and will be always able to manage it in every moment. This thing cannot be true in the inverse direction. Technology, even will arrive one day in which will be able to be self developed, would have always the key of "off" put on it by the human kind. Even if the technology can go out of control this situation can be only temporary. Human kind will have always under control any kind of technology.
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October 23, 2015, 09:15:54 AM
 #35

http://www.marketwatch.com/story/5-questions-with-stephen-hawking-technology-is-driving-ever-increasing-inequality-2015-10-08

Question: Have you thought about the possibility of technological unemployment, where we develop automated processes that ultimately cause large unemployment by performing jobs faster and/or cheaper than people can perform them?

Hawking: If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality

Stephen Hawking said is true. But this topic same as all skills in this world. Like designing, cooking, drawing, "people skill", developing business and many more professional careers.

"If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared,"

Lets change machines to "smart people"

"If smart people produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if smart people produced weatlh is shared."

We (human) will always need human resources. If someday machine will dominate in this world, and many un-employment family cannot make any profit to make living, the answer is same as Stephen Hawking said. "Wealth Shared"

Keep helping others, although it's just a small help.
Teach other to how make good profit both online or in real life.

The real problem is not all rich people want to share their 'real' ideas. Especially their wealth.
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