03-10-2017, 01:27 PM
I would argue that a lot of the talk of self-driving cars is over blown. Tech companies might be able to produce an AI that can drive a car, but for the reasons you indicated I don't think it is practical. Well unless we privatize traffic management systems, which seems unlikely. I don't see where traffic management has a product which it can sell.
That being said, I've argued in the past that Minimum wages should be a state matter. A position that President Trump agrees with. The reasoning behind it is simple. If a minimum wage is required then the states are best equipped to determine what it should be. The cost of living for example is quite different in San Francisco CA or NYC than it is Biloxi MS or Orlando FL.
That being said retaining current minimum wages only stalls automation for a while. The real problem occurs when machines make everything and do everything but one's income for buying all these things the machines make is still determined by having a job that pays money for doing things.
I foresee that should heavy implementation of automation take place in the restaurant industry we'll see prices eventually falling to zero. The same has already happened in music and film distribution. Marx's labor theory of value rears its head yet again.
That being said, I've argued in the past that Minimum wages should be a state matter. A position that President Trump agrees with. The reasoning behind it is simple. If a minimum wage is required then the states are best equipped to determine what it should be. The cost of living for example is quite different in San Francisco CA or NYC than it is Biloxi MS or Orlando FL.
That being said retaining current minimum wages only stalls automation for a while. The real problem occurs when machines make everything and do everything but one's income for buying all these things the machines make is still determined by having a job that pays money for doing things.
I foresee that should heavy implementation of automation take place in the restaurant industry we'll see prices eventually falling to zero. The same has already happened in music and film distribution. Marx's labor theory of value rears its head yet again.
It really is all mathematics.
Turn on to Daddy, Tune in to Nationalism, Drop out ofUN/NATO/WTO/TPP/NAFTA/CAFTA Globalism.
Turn on to Daddy, Tune in to Nationalism, Drop out of