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1161  Economy / Economics / Re: Technological unemployment is (almost) here on: August 22, 2014, 10:04:01 AM
Can anyone recommend some good books on this topic, Im really interested in what are predictions by people from economic and technological circles, about the coming robotization of everything, also people working on AI believe we will get there in our life time. AI will bring bigger revolution than internet.

If you can stand the simpering bias towards excessive socialism, Jeremy Riffkins 'Zero Marginal Cost Society' is an interesting read. Opened my eyes to some major trends, though I disagree with a lot of his reasoning - he fundamentally misunderstands what capitalism is in favour of the zeitgeist that big business is evil. Though I think there is some admittance that the state is partially responsible for destructive monopolies it is frustrating that someone obviously so clever seems to be a staunch statist.
1162  Economy / Economics / Re: Technological unemployment is (almost) here on: August 22, 2014, 06:26:38 AM
And don't forget poetry. Machines can't do that.
Yet.

A even better example of computer poetry Cheesy http://cctvcambridge.org/node/71611

Quote
In one rhyming test that the computer flunked, the clue was a "boxing term for a hit below the belt." The correct phrase was "low blow," but Watson's puzzling response was "wang bang." "He invented that," said Gondek, noting that nowhere among the tens of millions of words and phrases that had been loaded into the computer's memory did "wang bang" appear.

This has made my morning! Thanks for the chuckle.
1163  Economy / Economics / Re: Technological unemployment is (almost) here on: August 22, 2014, 05:43:01 AM
There are on the verge of realising an automatic fries and burger machine, coincidently there are many popular protests for fast food workers to receive unprofitable rates of pay.  Hence they invest in machines and reduce ongoing costs, that is what a business will always do and its not about being evil or whatever because business is not charity

hold on right there. the rates of pay being protested for by workers is in no way shape or for going to make these places unprofitable. they profit in the billions of dollars a year, paying workers the wage they made 10 years ago accounting for inflation is not so much to ask.

Flipping burgers is not a career, it's a teenagers job. Plus, the profit margins are thin on fast food restaurants, why do you think the food is so cheap? They are being paid what they are worth(the value they provide ) . Doesn't take much to dunk some rates in oil.
1164  Economy / Economics / Re: Technological unemployment is (almost) here on: August 21, 2014, 06:34:33 PM

It happens every time government give subsidize to maintain jobs. (in any disguised form, explicitly, or implicitly via tax break or political favor)

The subsidy make it economically unprofitable to automate things, so one does not develop it.
Another way of thinking is saying that subsidy make it economically profitable to keep manual labor, at the price of intellectual labor. (Well I have some doubt about whether I am paying for it because I profit directly from the shortage of intellectual labor)


Totally agree, government subsidy enhances inefficiency. As an aside, I believe that a large of institutionalised inefficiency is public sector unions 'protecting' their 'employees' when it's just jimmying the power of the state in a huge racket.

Boggles my mind how most people do not see the huge conflict of interest that exists in any public 'service'.
1165  Economy / Economics / Re: Techonological unemployment is (almost) here on: August 21, 2014, 01:18:19 PM
Automation will just make things cheaper, so people will need less money and just need to work less.
If the automation doesn't make things cheaper then how will all these people without jobs be able to afford the products created by this automation? How will this automation survive economically?

These problems are always resolved automatically and naturally by market forces.

aside:
Unemployment is an artificially created situation used by governments to keep the employment market competitive and wages low.
It's easy to solve n% unemployment if you want to - just make everyone work n% less and thus create n% more work.

I do not think i would have put in another way, well said.

If we were robots that might work.. I'll agree job markets are manipulated, but imagining some top down mandate would be effective is communism- which is inherently ineffective due to misdirection of incentives.
1166  Economy / Computer hardware / Re: [WTS] Sphere PC Intel Haswell Quad Core i7 4790k 4GHz 16GB 1TB USB3.0 Desktop on: August 21, 2014, 11:37:25 AM
Final price drop! This is a bargain!!
1167  Economy / Goods / Re: ♨★★★ E-Pipe for Vaping, E-cig ★★★ ♨ Price drop! on: August 21, 2014, 10:18:26 AM
Anyone else wishing to buy for the US please let me know as I will have to get more US adapters in stock Smiley
1168  Economy / Economics / Re: Technological unemployment is (almost) here on: August 21, 2014, 08:08:00 AM
Both of my parents have Masters in microbiology. Both reached a pay ceiling in that field, and spent their evenings with a private tutor learning software development, while in their early 50s, still having a family to take care of (I was out, but I think my brother was still in highschool), and not really knowing much about computers. Only because they knew programming is in high demand and is where the money is at. Both now earn more than twice what they used to. So yes, it's not age...

Someone earlier in this thread said that "The current technology is already advanced enough to replace quite significant % of man labour, it just hasn't been implemented yet." While the poster simply stated that as an ominous looming threat, and trailed off, you guys really need to examine why it hasn't happened yet.

To chime in on the programming aspect- I'm only 30 and experiencing similar pulls towards coding where my field is predominantly creative (I'm a games animator) there are more and more demands for multi-skilled individuals with preference towards programming/scripting. I'm lucky that I have somewhat of a proclivity towards technical skills, but a lot of my colleagues struggle to find pure animation work.

Are you suggesting that certain automation hasn't been implemented due to the significant disruption that would likely occur? It's plausible I suppose, but I think it's creeping in, slowly. Banks having automated deposit machines now, same at train stations in the UK...
1169  Economy / Goods / Re: ♨★★★ E-Pipe for Vaping, E-cig ★★★ ♨ Price drop! on: August 21, 2014, 06:42:20 AM
Shipping to USA??

I'd buy for sure!

edit: just saw the INTL postage, yay!
I will get ya some coin and my info tonight

edit #2: hold that last blem pipe if you would mate

Great! I knew that US plug would come in handy Wink
1170  Economy / Goods / Re: ♨★★★ E-Pipe for Vaping, E-cig ★★★ ♨ Price drop! on: August 20, 2014, 04:46:43 PM
Still quite a few pipes left if anyone is interested in a unique vaping experience Smiley
1171  Economy / Computer hardware / Re: [WTS] Sphere PC Intel Haswell Quad Core i7 4790k 4GHz 16GB 1TB USB3.0 Desktop on: August 20, 2014, 04:45:53 PM
Bumping this- still available and accepting offers!
1172  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: August 20, 2014, 03:34:40 PM
It looks like it's about 60 days to death.  Somewhere around 15th Oct?
Is a this 'death' hard coded? I haven't been following ix lately.
No, but it might as well be!  That's the experiment we're running.  Let's see.  Exciting isn't it?

Interesting yes, I have no animosity to Ix, so there is no inflation or increase in tx fees planned? How will the coin keep hashing?
1173  Economy / Computer hardware / Re: [WTS] Sphere PC Intel Haswell Quad Core i7 4790k 4GHz 16GB 1TB USB3.0 Desktop on: August 20, 2014, 10:21:05 AM
I expected a sphere PC case. I am disappointed.

Sorry ssateneth, this is just the title of the listing that I originally purchased from!
1174  Economy / Computer hardware / Re: [WTS] Sphere PC Intel Haswell Quad Core i7 4790k 4GHz 16GB 1TB USB3.0 Desktop on: August 20, 2014, 09:08:08 AM
Price drop in OP, bargain! Smiley
1175  Economy / Computer hardware / Re: [WTS] Sphere PC Intel Haswell Quad Core i7 4790k 4GHz 16GB 1TB USB3.0 Desktop on: August 20, 2014, 07:30:46 AM
PC is still available- open to offers.
1176  Economy / Collectibles / [WTS] Gold plated sterling silver 20.37 grams coin on: August 20, 2014, 07:30:10 AM
Great Britain Gold Plated Silver Proof, King Charles Triple Unite Replica Coin.

20.37 grams of 925 sterling silver.

Mintage limit of 30,000.

£13.90 @ stamp exchange rate using www.preev.com

BTC or Paypal accepted.

Open to offers or deals, especially if you combine the purchase with some of my very own 'Goxxed For the Last Time' pure silver or plated coins! Smiley

https://bitcointalk.org/index.php?topic=508380.0

This coin is one of a set produced by The London Mint Office. Bears a Birmingham 0.925 silver hallmark on the edge and LMO makers mark. It is enclosed in a plastic "Millionaires Collection" branded capsule, which is slightly worse for wear (missing a peg that holds the coin, but still works fine).

Coin has a small dink on the side where a fleck of gold plating has come off.



Postage is free in the UK

£3 international

1177  Economy / Speculation / The parallels between Silver Stacker and Bitcoiner on: August 19, 2014, 08:44:46 AM
Now, don't get me wrong, I'm a fan of silver and bitcoin (at the right price).

But aren't bitcoiners supposed to be a little more educated than what the constant calls for the awful 'manipulation' of the bitcoin price indicate? The stories I've been seeing could literally have been ripped from that Silver Doctors site with the word silver replaced with bitcoin! For shame bitcoinland!

Now these stories may or may not be true, but manipulation can go up as well as down.

Consider this:

The ATH we saw was before MtGox went down, with this in mind, could Gox have been pumping the price up for their own gain? We already know that there have been shady goings on on that exchange. This would have been a case of manipulating the price up, but I didn't read very many people calling for the evil manipulation upwards.

But again, this is a story.

So what do we know? I would posit that everything is manipulated to some extent and bitcoin is not exempt from it, if anything it is ripe for major manipulation. Not one market is free of what some would call manipulation. This is business as usual in the financial markets.

Bare this in mind guys, keep an eye on the technicals because while the fundamentals may be strong, markets are irrational. Let's all make some fiat, coin whatever by keeping level heads!

1178  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: August 19, 2014, 07:55:35 AM
Flash crash on BTC-E where someone sold BTC as low as 328 USD !

Edit : some people sold as low as 308 USD on BTC-E while the price is 465 on stamp. What a strange exchange.

you are aware btc-e offers leveraged trading and therefore has a thing called "forced liquidation"?

Some of that could have been bots too I suppose.
1179  Economy / Auctions / Re: Charity Auction- Silver Plated Goxxed For the Last Time coins on: August 19, 2014, 07:00:00 AM
Paid and on its way to being posted. Thanks Jaberwock!
1180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: August 19, 2014, 06:17:52 AM

FACT :  the CEO is missing and has over 2OOOOBTC in his pocket..now look he's listed here under genesis.foundation "Members & Staff: " ... look for yourself!!! : https://bitcointalk.org/index.php?topic=724101.msg8182011#msg8182011

you must be friends with elmer fud. i don't see any other talks about him being on any genesis.foundation. but assuming he may be, i'm sure they'll get some of that 20k BTC love. otherwise i'm waitin on the PoV you clown.


best guess is we are selling into this crashing BTC markets...how many 20000BTC to dump? lol tell me it issnt true?  Shocked

Do we even know if it's the eth team selling?
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