Showing posts with label universal basic income. Show all posts
Showing posts with label universal basic income. Show all posts

Monday, April 06, 2020

Headlines


European authorities shifting in face masks adds to confusion on coronavirus crisis

Coronavirus live updates: NYC mayor pleads for medical help as US cases continue to rise

Kissinger: Pandemic alters world order ...

Rasmussen poll: Voters increasingly support universal basic income for U.S. citizens

Biden tells Sanders he’s pushing ahead with VP, cabinet picks

Oil set to ‘crater’ Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia

NYC: Business burglaries rise 75% ...

Unemployment rate jumps to 4.4%, 701,000 jobs lost

Supreme Court postpones more arguments amid coronavirus outbreak

Cuomo says New York could hit peak in 7 days: ‘We’re not yet ready”

Fauci: Not even half-time ...

Pelosi: We want to get more money to voting by mail in next bill


Wednesday, May 08, 2019

Headlines


Trump squeezes Dems with border demands

China says its still preparing for US trade talks — but won’t give details after new Trump threats

Iran behind [Gaza] escalation?

Swalwell: Impeaching Trump ‘may be the only road to save the country’

Pompeo aims to counter China’s ambitions in the Arctic

Warren Buffet: If we have a trade war with China, it could be very bad for the whole world

Confusion: Biden says ‘Margaret Thatcher’ called him with concern about Trump

Democrat lawmakers take on threat of beach umbrellas

Navy strike group deployed to send message to Iran

41 dead after Russian passenger plane crash lands at Moscow airport

Study conclude Universal Basic Income doesn’t work ...

Red Sox manager Alex Cora to skip White House visit

Friday, April 27, 2018

Headlines


Climate change 'not as bad as we thought,' say scientists ...

Macron, addressing Congress, departs from Trump on vision for 21st century

Apple Cook in private meeting with president ...

Finland to terminate failed Universal Basic Income experiment

Chris Christie finds his way back to Trump's heart

ROSEANNE ratings fall to earth ...

Supreme Court appears ready to uphold Trump's travel ban

University of Nebraska professor arrested over NRA protest

Trump brings in the billionaires for his first state dinner

Russian scientist who invented nerve agent that poisoned spy in UK hit by car ...

NASDAQ open to becoming cryptocurrency exchange, CEO says

Poll shows Americans side with Trump over Mueller probe

Wednesday, February 28, 2018

Headlines


Congress loses key immigration deal ingredient: A deadline

Cash for all: Support mounts for universal basic income program

Amazon made $5,6 billion in profits last year, paid ZERO in federal taxes?

Report: in private Trump favors executing major drug traffickers

Gun control legislation bogs down quickly in Senate

Rising mortgage rates hit new home sales hard, an ominious sign for builders

Parkland first responder: I was told to stand down ...

Supreme Court refuses to weigh into DACA fight -- for now

Holder group sues Walker for mot holding elections in Wisconsin

Georgia lieutenant governor says he will 'kill' Delta tax break unless airline reinstates NRA deal

Catholic Church considers married priests to ease clergy shortage ...

FedEx stands with NRA

Tuesday, May 30, 2017

Headlines


All these headlines have been collected from Internetnews sites. Can you guess which ones came from Politico?

Trump in tweet: Portland attack 'unacceptable'

Leftist media outlet attacks Matines on Memorial Day for 'toxic masculinity'

Macron and Putin agree on restart of Ukraine talks

NYT: Talaban killing Islamic scholars to silence criticism

Goldman Sachs lowers forecast for oil prices in 2017

Silicon Valley elites continue to push for Universal Basic Income

Exclusive: Trump set to roll back Obama's Cuba policies

Trump's budget plan lands with a thud in Middle America

 McCain says Russia bigger threat than ISIS

Venezuelan opposition accuses Goldman Sachs of financing dictatorship

Memorial weekend [movie] boxoffice falls to lowest in 19 years ...

NOAA: Above normal Atlantic hurricane season is most likely this year

Sunday, November 06, 2016

The Future


"Forecasting the future is a tricky thing ... obvious events take forever ... unexpected things happen overnight." -- Anon.

Elon Musk, the charismatic leader of the Tesla, Solar City and SpaceX companies has donned his tinfoil hat to make some interesting predictions about mankind's future. In particular he believes that robots eventually will do just about everything and people will just sit around doing whatever they like ... no jobs, just plenty of leisure time. In an interview with CNBC, he also touted the idea of an universal basic income ... supplied by the government since few would be working for pay ... see: CNBC Story.

Yes, I suppose that someday in the far distant future robots and AI will have altered our lives to a considerable degree, but I somehow doubt that it will be to the degree and in the way Musk envisions. Most humans have a trope that seems to compel them to "work" toward improving their living space. I somehow doubt that armies of robots will diminish this instinct.

A few more points:

- If few people are actually working, how will governments get the money to pay an universal basic income? Tax accumulated capital? If so, what happens when all accumulated capital is depleted? Or could they tax robots? Effectively taxing businesses twice.

- Musk's notion of a fully robotic world would eliminate "cheap labor" economies ... which, in turn, would obviate the need to transport finished goods around the world. All that would be moved from distant place to place would be raw materials and possibly foodstuffs. Might this make for a more insular world ... with resulting tensions? I suppose it might.

- As raw materials on this Earth are depleted I also suppose that Musk's notion of a space travel imperative makes some sense. However, colonizing other inhospitable planets is a challenge that boggles the imagination. Using current science, the cost-benefit analyses of such efforts seems to me futile. Most futurists and science fiction writers conveniently dismiss many of these hurdles. Too many. This future dream might well just be that. A challenge that may prove the limit to humankind's ambitions.

- All this assumes that civilization will not suffer another random shock ... say another plague or ice age ... which plunges us back into another regressive period.  (Global warming would be much easier to deal with.)

Futurists, such as Musk, tend to forecast along a straight-line into our tomorrows ... it is because it is the most obvious. But assembling all the possible variables and accounting for them is almost impossible. Therefore the future is almost always a surprise ... as it should be.