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221  Economy / Service Announcements / Re: [Dailybitcoins.org] Bitcoin faucet, sponsored by ads on: April 04, 2014, 08:35:03 PM
Free space for your ad available on the main page! Hurry up while it is just 0.02 BTC/day!
http://adbit.co/?a=Advertise&b=View_Bid&c=J3T8HC7552PGX
222  Economy / Economics / Re: Bitcoin price vs. hash rate? on: April 02, 2014, 09:09:25 PM
Higher difficulty -> higher each BTC cost of production -> higher BTC/USD price.
Therefore if the difficulty will continue rising, the price will catch up almost certainly!
223  Economy / Economics / Re: Technological unemployment is (almost) here on: April 01, 2014, 08:34:22 PM
As soon as you are talking Singularity (with a capital "S"), the discussion is ended. When it happens, all plans fly out of the window. Whatever the rules are then, they are make by the SI, not by your Central Soviet.
About singularity you are right, but I never told I like Soviet Union's political model. Planned economy ≠ USSR. Resource Based Economy is also a form of planned economy, but there are no "Central Soviet"!
224  Economy / Economics / Re: Technological unemployment is (almost) here on: April 01, 2014, 07:47:20 PM
Kind of like how we were supposed to already have flying cars and hotels on the moon years ago, right? Sometimes you have to take all these predictions and projections with a healthy dose of common sense.
Exponential growth of the computation power have been observed since electromechanical tabulators era, so even if Moore's law will fail something other will probably take its place!

Interesting chart:
http://upload.wikimedia.org/wikipedia/commons/c/c5/PPTMooresLawai.jpg
225  Economy / Economics / Re: Technological unemployment is (almost) here on: April 01, 2014, 03:19:49 AM
Most of you people arguing about this frankly won't be alive to see any of this happen (it won't even be in your grandchildrens' lifetimes) so I'm not sure what all the fuss is about.
Don't forget that technology advances by an exponential curve, so it can happen much sooner than you think!
226  Bitcoin / Press / [2014-04-01] - Bitcoin collapsed below $1 after China banned cryptocurrency use on: April 01, 2014, 12:27:16 AM
More details to come out later depending on your time zone, when the fool's day will start! Grin
227  Economy / Economics / Re: Technological unemployment is (almost) here on: March 30, 2014, 03:34:11 AM
You want to employ people even though by definition there is no work
There always will be some work, however it can have no economic value in the capitalist system but nevertheless useful for the humanity (e.g. improvement of the environment, fundamental science, child and elderly care).
228  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 10:03:18 PM
Do you seriously believe that you will fare any better with your ridiculous BIG campaign?
I repeat 1000th time - personally, I support full employment solution instead of BIG (unconditional income for idling)!
229  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 09:37:40 PM
It seems like it too much to ask of you to distinguish between TPTB and fine companies like Zeiss, Pratt & Whitney, Intel, Bosch, Rolex, Nikon, Ducati - after all, it is their management and their engineers you want to provide with a one way ticket to an unpleasant place.
Nobody in his sanity will expel engineers, doctors, scientists!

All I hear from you is that the CFR & friends and the fiscal-financial complex should get more, even unlimited power.
I never supported "fiscal-financial complex"! My political views are close to Resource Based Economy so you should study what it is before make such assumption!
230  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 08:17:16 PM
No you can't - Killing fields, Gulag, KZ are not things companies come up with. Companies want to sell. Killing your customers is bad for business.
I am not telling solely about corporations, but rather about capitalist system as a whole. Economic depressions, wars, hunger etc all create the victims displayed on your image!
231  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 07:10:28 PM
Collectivist ideas may look good, but every time in history they ended like this:
I can change the word "Collectivist" to "Capitalist" and post the same image! Grin
232  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 05:21:14 PM
Interesting assumption from the quoted article - libertarian ideas may look good, but every time in history they ended up with monopolization and crony capitalism!

Quote
When one truly looks at Iceland's history objectively, one can see what the real causes of Iceland's collapse was. The lack of competition and the monopolistic qualities that eventually came about when five families cornered the chieftaincy market was one reason. These five families bought the majority of chieftaincies. They controlled the court and legal system to a significant extent. This meant that there were not as many chieftains to choose from. This led to less competition, creating opportunities for increased exploitation over the free farmers, eventually leading to a revolt against the 5 families.
233  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 02:48:47 PM
All civilizations that collapsed before were extremely centralized.
Modern civilization is too technologically advanced therefore cannot become more decentralized than some threshold, after which hi-tech products will start to disappear (space flights at first, then jet airliners, then microprocessors and so on). I agree that many countries now are too centralized, but going "all-in" to decentralization is not a good idea!

Give me one historic collapse of a de-centralized civ (not conquest) and I will consider you less of a narrow minded totalitarism monger. What I mean is something like the Greek civilization. It never collapsed and in a way, it still survives.
There are examples when small decentralized civilizations were conquered by a more centralized one due to superiority in the technologies [related with above post].
234  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 04:45:04 AM
For the record, jobs went to 3rd world countries because American workers got greedy and were being lazy. It got to the point where so many factories were unionized and demanding obscene pay to do very simple jobs and slack off a lot. For example, the union workers destroyed the one great American steel industry. So everyone saying greedy corporations sent jobs overseas should take a long hard look at the facts and realize that greedy workers demanding $30 an hour to tighten bolts on an assembly line caused management to look for a better alternative.
In fact only profits of the corporate owners grew significantly last decades! It is a pure race to the bottom! If the state would nationalize all "unpatriotic" enterprises and leave manufacturing onshore, unionized workers in the US/EU would continue enjoying high standards of life, but managers/shareholders/CEOs who don't like this form of socialism can be awarded with a free one-way airline ticket! Grin
235  Economy / Economics / Re: Technological unemployment is (almost) here on: March 29, 2014, 02:27:04 AM
Because the Soviet system worked so well. AKA "We pretend to work, and the government pretends to pay".
If you would have a choice between USSR economic system and prospective collapsed civilization due to tech unemployment induced inequality, I am sure you would choose the former.

BTW, recent NASA study looks very realistic IMHO!
236  Economy / Economics / Re: Technological unemployment is (almost) here on: March 28, 2014, 10:26:03 PM
At least he finally admits it. Yes, we should all share and sit around and sing kumbaya, and it shouldn't matter that some people are stupid and lazy and self-destructive and wasteful and ignorant
If you have carefully read my previous posts, you should know that I advocate guaranteed employment instead of unconditional basic income for idling. However, this of course is impossible if privately-owned corporations force people to work 8-12 hours/day and use child labor in China/Bangladesh/Vietnam so there are simply no jobs for everyone in developed countries.

we should just go right ahead and give them an equal share of everything others have worked hard to earn.
Robots worked hard 24/7/365 while 0.001% elite takes all profits.
237  Economy / Economics / Re: Technological unemployment is (almost) here on: March 28, 2014, 08:20:07 PM
But I guess you want wealth redistribution now? In other words, you want the government to take away your neighbor's property at gun point and hand it to you?
Better if it will happen peacefully. But if the elites won't take any measures to deal with tech unemployment, the outcome likely will be as you wrote (however it will be not a govt, but the desperate hungry rioters who will point gun and have absolutely no mercy to the wealthy people)!
238  Economy / Economics / Re: Technological unemployment is (almost) here on: March 28, 2014, 07:22:50 PM
There certainly are simple jobs which are not creative that are more and more being taken over by machines. What about people that can not compete against robots any more? What about a significant percentage of citizens that have nothing of value to offer for society or only at a price much higher than the cost of machines?
They need to adapt to survive, just like every other living thing on this planet (humans included.)
In the long run only few creative jobs will be available, so it not a question of adaptation (education and skills) but rather a wealth redistribution.
239  Economy / Economics / Re: Technological unemployment is (almost) here on: March 28, 2014, 04:11:03 AM
@dogechode, you are so naive believing in the b*shit mainstream propaganda tells that is even ridiculous! Grin
I suggest you to read original Oxford's report about technological unemployment predictions (looks very plausible). There is a list of the jobs in the end of document.

http://www.futuretech.ox.ac.uk/sites/futuretech.ox.ac.uk/files/The_Future_of_Employment_OMS_Working_Paper_1.pdf
240  Economy / Economics / Re: Technological unemployment is (almost) here on: March 28, 2014, 01:49:20 AM
Go get a job with an established company, then you can consider thinking about a start-up business many years down the road when you have a lot more experience and savings to drawn on (and/or more established credit history for loans.
The whole discussion in this thread is that now/(very soon) you simply won't have an opportunity to get a job "with an established company" because they don't need much workforce thanks to technology advances!
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