Who should profit from automation?

[VivaRevolution]

I have been tracking the progress of automation since I first realized it's coming impact.

Something striking has occurred to me. The majority of advancements I see, come from state funded Universities.

This begs a simple question for me. Who should profit from the coming automation revolution?

Should a capital holder, who has done nothing but accumulate wealth previously, be the major beneficiary of technology that was developed with our tax dollars?

 

[cincymma79]

I buy stocks...so me?

 

[7437]

I fix automated shit, so i do. Also buy stock, job pays good so i make some that way too

 

[VivaRevolution]

I buy stocks...so me?

I fix automated shit, so i do. Also buy stock, job pays good so i make some that way too

Seems you would need a job, to buy stock, which will be in short supply here shortly.

Seems like a plan for collapse to me.

Still, I don't think either of you addressed who has the right to the profits of automation.

To the capital holders of the future who will demand it is their right, to those profits, because it is their company, I just want to set the ground work here, and point out, "You didn't build that".

 

[Ophydian]

I used to program automated shit so I'm it's brains andtherefore I own it.

 

[Oeshon]

Should a capital holder, who has done nothing but accumulate wealth previously, be the major beneficiary of technology that was developed with our tax dollars?

you sound like a dirty communist.

edit: just saw username "vivarevoluton". yep LOL.

 

[oldshadow]

Whoever invested the money, time and work to make it work.

 

[VivaRevolution]

I used to program automated shit so I'm it's brains andtherefore I own it.

So perhaps someone with a better tech education can help me out here.

If we have a quantum computer, isn't it just a matter of time, before we can write code that isn't binary, before we see revolutionary computational speed increases?

If that is so, when combined with machine learning, aren't we at the cusp of a super intelligence?

Once that happens, what job is safe?

To be clear, I'm not talking about 10 or even 20 years to a super intelligence, but I certainly don't think 30 years away is crazy. As chaotic as automation will be, combined with a superintelligence, we are talking about the end of labor, and being limited only by raw material in resource scarcity.

 

[VivaRevolution]

you sound like a dirty communist.

edit: just saw username "vivarevoluton". yep LOL.

You didnt build that.

 

[VivaRevolution]

Whoever invested the money, time and work to make it work.

So the Universities?

 

[DickSarp]

I don't know the answer. But I do know the US should have a minimum income for being a citizen. Maybe 5 or 10 grand a year for everyone. Keep the economy rolling. No big deal.

Automation will decrease the need for low skilled labor in many vectors. Full time employment for these people will become a relic.

On the other hand, like most Right Wingers, I don't think the Rich have enough money and we should do all we can to make their lives a little easier and much better.

 

[berimBOWLoh]

Automated machines should pay taxes of what the average salary for that position would be.

 

[oldshadow]

So the Universities?

If they own it then they should be able to sell it.

 

[HereticBD]

Oh', the public will profit. When the machines take over, the elites will have us living like hogs off the lucrative mandatory $25,000 annual income for everyone.

Autocommusocialism, here we come baby!

 

[VivaRevolution]

If they own it then they should be able to sell it.

I guess this comes down to whether you believe in IP protection.

I don't. It destroys competition.

I might support it for 5 years to reward those who innovate, but this perpetual ownership of an idea, is destructive.

Nevermind the whole IP legal racket.

 

[JudoThrowFiasco]

Anything that gets developed by a university, the university itself gets a sizable portion of the profit. It's why so many top students bail on school if they develop a concept while enrolled.

Also need to distinguish contributions between private and public schools.

Is short, the owners of said robotics / automation processes at the time of when the profit is derived should keep. Taxing them is how it gets redistributed.

Second question is what will be considered profit at the time of near full automation? My guess is a technocratic society, so in ruling rights in exchanged for automated goods.

 

[oldshadow]

I guess this comes down to whether you believe in IP protection.

I don't. It destroys competition.

I might support it for 5 years to reward those who innovate, but this perpetual ownership of an idea, is destructive.

Nevermind the whole IP legal racket.

You should own it for a good while then it goes public.

 

[The Diplomat]

you sound like a dirty communist.

edit: just saw username "vivarevoluton". yep LOL.

@VivaRevolution *is* a communist.

Anyways, in a perfect world, automation would benefit all and everything would be free, and rainbows would be produced for everyone. Truth is, someone has to pay for the upkeep and maintence, the initial cost, the actual action side of getting it done.

Get a robotics engineering degree or become a security guard real fast, because those guys are going to be doing most of the human work in stores.

Oh', the public will profit. When the machines take over, the elites will have us living like hogs off the lucrative mandatory $25,000 annual income for everyone.

Autocommusocialism, here we come baby!

On average, that's roughly per capita what a single individual makes in my town.

 

[VivaRevolution]

I don't know the answer. But I do know the US should have a minimum income for being a citizen. Maybe 5 or 10 grand a year for everyone. Keep the economy rolling. No big deal.

Automation will decrease the need for low skilled labor in many vectors. Full time employment for these people will become a relic.

On the other hand, like most Right Wingers, I don't think the Rich have enough money and we should do all we can to make their lives a little easier and much better.

I think we need worker co-ops, and shorter work days as automation progresses.

I am highly concerned by the lack of checks and balances, that would exist in a government issued minimum income system.

What concerns me the most, about automation, is that their has always been a relationship between elites, and plebes, of mutually exchanged services. They needed us to plow the fields, work in the factories, and fight in the wars. What happens when they don't need us anymore?

This is why I want the worker co-ops. It is the most decentralized option I have seen.

 

[7437]

Seems you would need a job, to buy stock, which will be in short supply here shortly.

Seems like a plan for collapse to me.

Still, I don't think either of you addressed who has the right to the profits of automation.

To the capital holders of the future who will demand it is their right, to those profits, because it is their company, I just want to set the ground work here, and point out, "You didn't build that".

But.... I literally did build that. Physically i put things together and write programs. Thats my job.

And there will always be jobs for people to fix automation. If you think otherwise then you have no concept of how things actually work.