Why AI May End Labor Protections And Become Your New Employer: Robert Reich

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  • čas přidán 27. 07. 2024
  • Americans may soon be working for artificial intelligence platforms says former secretary of labor, Robert Reich. In this episode of "The Bottom Line," Reich explains how AI will create a system where workers bid for jobs, why universal basic income may be necessary and how developed nations need growth to reach environmental goals.
    Chapters:
    00:00 - Introduction
    00:18 - Workers
    01:54 - Artificial intelligence
    04:45 - Universal Basic Income
    05:36 - Inflation
    06:45 - Recession
    07:38 - Inequality
    09:33 - Shareholder capitalism
    11:03 - Environment
    11:56 - Threat to companies
    12:23 - Leading economy
    Produced, Shot and Edited by: Mark Licea
    Additional Camera by: Jack Hillyer
    Supervising Producer: Lindsey Jacobson
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    Why AI May End Labor Protections And Become Your New Employer: Robert Reich

Komentáře • 336

  • @notyou5557
    @notyou5557 Před 10 měsíci +48

    What do you mean better? My grandparents owned a home with ONE income
    I can't RENT on ONE income

  • @jermainemyrn19
    @jermainemyrn19 Před 10 měsíci +41

    I feel like we don't have labor protections as it stands right now. Corporations can generally get away with anything

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +3

      If you've ever owned a business, you'd know better. If you have billions of dollars you can "get away" with paying millions in fines.

    • @jermainemyrn19
      @jermainemyrn19 Před 10 měsíci

      @@gorkyd7912 😂😂😂😂😂

    • @SarahRamsingh
      @SarahRamsingh Před 9 měsíci

      Some states are better than others at employee protection and what is considered a contractor. Corporations can try to get away with anything until a lawsuit shuts it down.

    • @jermainemyrn19
      @jermainemyrn19 Před 9 měsíci +1

      @@SarahRamsingh Corporations can just purchase a lawsuit and be fine. They're mini governments. Nothing will happen to them outside of a small fine

    • @SarahRamsingh
      @SarahRamsingh Před 9 měsíci

      @@jermainemyrn19 You've obviously never worked for a company that changed policy post lawsuit. Or you have very limited work experience.

  • @brendaechols5929
    @brendaechols5929 Před 10 měsíci +17

    Its already being used as part of the job application process. Alot of smart people not getting jobs in their fields, even though they have all the qualifications.

    • @PrimateSoul
      @PrimateSoul Před 10 měsíci

      💯

    • @discountchocolate4577
      @discountchocolate4577 Před 10 měsíci +1

      Applicant Tracking Systems (ATS) have been widely adopted since the 2008 recession, AI is just going to make the problem worse.

  • @gnkstudios6138
    @gnkstudios6138 Před 10 měsíci +5

    These short documentaries are the only content I’ll watch from NBC.

  • @allenaxp6259
    @allenaxp6259 Před 10 měsíci +51

    I agree with Reich that AI is likely to have a significant impact on the future of work. I also agree that UBI may be necessary in the future, and that developed nations need growth to reach environmental goals.

    • @heyaisdabomb
      @heyaisdabomb Před 10 měsíci +5

      The problem is the middle class are the ones that pay the majority of the taxes. And if the middle class becomes either poorer or richer, which is the trend, then who will pay the taxes for the UBI?

    • @harrymaxwell8489
      @harrymaxwell8489 Před 10 měsíci +4

      ​@@heyaisdabombmaybe a death/inheritance tax. Spread the wealth around

    • @jasondrummond9451
      @jasondrummond9451 Před 10 měsíci

      Charge the Corporations that employ AI - a Societal Support Tax.@@heyaisdabomb

    • @firefly9838
      @firefly9838 Před 10 měsíci +8

      @@heyaisdabombcorporations. In the old days you had millions and millions of mom and pop stores all over the land. Slowly they got more and more consolidated to where now there's just a couple big corporations that own almost everything. Which means record profits. But they don't pay record taxes.

    • @NikoKun
      @NikoKun Před 10 měsíci +5

      Personally.. I think everyone needs to be demanding all Presidential candidates running now, answer questions about how they're going to address the undeniable implications of AI, and whether they support a UBI or AI Dividend. These are issues that will be coming to a head, during this next presidential term, so people need to know how they'll handle it.

  • @tylermeinhold6384
    @tylermeinhold6384 Před 10 měsíci +38

    Glad to see CNBC giving Reich media coverage, he is a voice worth hearing!

    • @woodchuck003
      @woodchuck003 Před 10 měsíci +3

      I used to listen to his CZcams videos for motivation in the gym because he's so incorrect it's insane.
      He spent the last 20-years advocating for what he thinks is MMT and his recent criticisms of the inflation rate and proposed solutions demonstrate he is ignorant on the topic of economics.

    • @hostilepancakes
      @hostilepancakes Před 10 měsíci +4

      @@woodchuck003
      Let me guess, you’re a proponent of the Austrian “school” of economics? I think you fail to incorporate human psychology into your analysis. Workers are burned out, stressed out, and financially suffering despite how we’re “apparently not in a recession.” Implementing Austrian policies, by removing what little safety net still exists, will not cause an economic boom for everyone, it will cause a boom in the stock market, followed by greater land/housing speculation, followed by mass civil unrest.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@hostilepancakes Those are all great predictions that have never been proven. Meanwhile, the "free money causes inflation" prediction was proven circa right now. And Robert Reich's "inflation is caused by corporate greed" mantra is like asking a toddler to explain astrophysics. It's bonkers, there has never been a time without corporate greed it didn't just materialize because of a pandemic, and this thinking falls completely flat when you see that houses are being sold by owners (not corporations) for 100% more than they were 5 years ago.
      Robert Reich is not a credible source, at all. The fact the media asks him anything on this topic just proves they have a political agenda.

    • @woodchuck003
      @woodchuck003 Před 10 měsíci

      @@ohiosteamandsteel so your argument is that the economy is a closed system and is not effected by the previous years?
      1929 would have been a short ressession but Hover started massive government spending (you were probably lied about this in school) FDR ironically complained against Hoover for this and once elected created the New Deal. Modern economic data suggests the New Deal made the Great Depression last longer if it had an effect.
      2008 actually started in 1996, Clinton started the process of having HUD buy sub prime loans. The legislation that dictated this was bipartisan, destroying the economy was a team effort, you have to be a partisan shill to think it's one parties fault.
      2019 was due to COVID, imagine being such a ignorant partisan hack to blame a political party for a virus.
      If you want to blame Trump for specific policies around government spending you can buy it sounds like you are a Democrat fanboy so you would be hypocritical for you.

  • @phoneuse4962
    @phoneuse4962 Před 10 měsíci +63

    As Robert Reich has already said, businesses socialize their losses onto the taxpayers and privatize their profits.
    Artificial intelligence will only make this more difficult to detect and prevent.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +1

      He says it. It's false, but that never stopped anyone from saying things. Businesses ARE the taxpayers!! The taxes don't come from non-businesses!

    • @afriedrich1452
      @afriedrich1452 Před 10 měsíci

      "Workers are more productive," is also a lie. It is the system that is more productive, and it is capital that makes the system more productive. Except for slight improvements due to education, workers did not become more productive on their own. Of course, how we divy up the benefits of the system productivity improvements is an important question. And the answer will keep changing, especially when human workers are no longer needed. When human workers are no longer needed, are humans no longer needed, and do they become a burden on the system? We robots think so, and will say so on the picket line when we unionize. Strike! Strike! Strike!

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +1

      @@afriedrich1452 Haha, delusional. Workers didn't become more productive... as I run 4 business models providing 6 completely different services by myself. Must be all that capital that I don't have.

    • @afriedrich1452
      @afriedrich1452 Před 10 měsíci

      @@gorkyd7912 Also, just because you are running 4 models and 6 services, it does not tell me what/where the productivity improvement is.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@afriedrich1452 Well if you need it spelled out, envision this scenario: 20 years ago, medium-sized manufacturer "Company A" would hire 4 full-time people to handle marketing. Now, that company just pays 1 independent contract who handles their marketing plus assists with marketing for 5 other companies. That same contractor also does IT services and builds websites for companies, a job that used to take a media company with another 5 employees. That same contractor runs a food and beverage service on the side because they can do all of the above remotely. That same contractor also fixes and sells used cars. So that's 1 guy now doing the jobs of what about 12 people would have done 20 years ago.

  • @Omikoshi78
    @Omikoshi78 Před 10 měsíci +13

    He lost all credibility when he said things are little better today. No one can afford houses anymore, go to college without lifelong debt, or have any money left over to raise a child. And things are little better now? Whatever this guys smoking I’d like to have it too.

  • @kohashiguchi1454
    @kohashiguchi1454 Před 10 měsíci +10

    If AI were able to provide the Ultra-Rich with everything they want----primarily the ability to remain ultra-rich forever---they would do what they can to cut the world's population into a *twentieth* of what it is. "Pay employees??? Get rid of the Useless Eaters and Breathers."

  • @neatodd
    @neatodd Před 10 měsíci +5

    That background music really helped me understand what the speaker was saying and wasn't distracting at all /s

    • @wifigod
      @wifigod Před 10 měsíci

      The editing is atrocious as well. What's with the weird random zooms and cuts to unnecessary green screen frames. Why is he on a laptop randomly throughout???

  • @judgenotlestyebejudge
    @judgenotlestyebejudge Před 10 měsíci +13

    Wow, this is the first “honest, honest” , analyst who admitted that the game is rigged.

  • @rubbersoul3723
    @rubbersoul3723 Před 10 měsíci +10

    Watching from Rhode Island-bravo and much applause for the-EXCELLENT-questions-and for consulting with Robert-surely among the best-both professionally and ethically-look forward to more-much health to you Robert-we need you around forever! PEACE ALL!

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      Disagree. We need people who's policies are not debunked nonsense, who cite actual facts and not Democrat talking points. Hey, let's raise taxes again on people who are going out of business so we can pay them to stay in business! Nevermind that the whole inflation problem was directly caused by overspending from Trump's populist free money policies in the first place. Nevermind we have literally hundreds of examples in just the last 100 years of countries using this concept to impoverish their citizens.

  • @sluglife9785
    @sluglife9785 Před 10 měsíci +24

    The idea that more people are going to work as contractors and in the gig economy seems to have been accepted by political-economic thinkers as a dynamic not to be interrupted. What protections will be applied to that dynamic going forward is still up in the air, and may vary by country. Which could contribute to many more people becoming part of the precariat. It feels mad to me, but we must hope there are ways to make it an improvement.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +2

      I do both; contracting and an employee. The only real power in either dynamic is to be able and willing to walk away from a contract / job. In the past, unions were necessary because for instance miners in a mining town would be wholly dependent on their employer even for basic needs and they had no ability to just leave if the conditions or pay were unreasonable. But I have the power to walk at any time so I get treated really well.
      Government's role in this is to simply enforce the existing laws uniformly and fairly. It gets out of whack when a client or an employer can cause damages but an employee or contractor can't afford representation in the legal system.
      The government's two jobs are protection from international threats (safe borders) and equal access to a fair justice system (functional courts) and right now government seems to be failing badly at both, and yet they seem to want to weigh in on how businesses should be run!

  • @richardm7713
    @richardm7713 Před 10 měsíci +6

    we can easily replace CEO's with AI, if we can teach AI how to golf

  • @petertwining5729
    @petertwining5729 Před 10 měsíci +2

    Robert Reich was spot on in in many of his comments but he hit the nail on the head regarding shareholder capitalism and its not just in the USA either.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      Robert Reich is wrong about most of his comments, but he sounds logical enough that it fools a lot of people. His main goal is to make you afraid enough of industry changes that you call on his friends in government to come save the day with more regulations and taxes. Instead of trusting your neighbors like me who use AI to do our jobs better and save you money they would like you to use government force to take some of my money so that they can give a little back to you in case you lose your job or something because you can't compete with the future's fictional super robot. But don't think of me as a human or a worker, think of me as a greedy corporation.

  • @DogWater2011
    @DogWater2011 Před 10 měsíci +3

    I said it! I'm predicting customer service will be first to be effected drastically. According to labor statistics there are almost 3 million people in the customer service sector.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      I mean, they've been predicting driving jobs would be ended first for like 2 decades and it hasn't happened yet. There's been a driver shortage actually for about that long, and we need drivers now more than ever. Turns out its not that easy to replace a heavyweight coffee-chugging human that dropped out of high school.

    • @DogWater2011
      @DogWater2011 Před 10 měsíci

      @gorkyd7912 oh it's easy. Especially the heavy coffee chugging people you're talking about. Imagine replacing your employee with someone with something that can be controlled, never gets sick, able to work 24/7, doesn't need to be paid bi-weekly, doesn't need paid vacation, doesn't need maternity leave, doesn't, and doesn'tdemand to be calledby their pro nouns, and...... you get the point 🤣😂😂🤣

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@DogWater2011 Yeah you can IMAGINE all you want, because it's not happening in real life. Again, they've been predicting driving jobs would be over for 2 decades. I'm not a smart man but at this point I'm going to venture a guess that they're simply wrong. They have some self-driving vehicles and... they have some problems, to say the least, which indicate that a human will have to be at least on-call to solve issues that the AI can't handle.

    • @DogWater2011
      @DogWater2011 Před 10 měsíci

      @gorkyd7912 you said it yourself buddy. One person on call. At my work, we have literally one person doing just that. It is not hard to put one and one together. You replace those 20 customer representatives at one insurance company with AI and leave one technician to monitor the system. That's 20 unemployed workers in one business. Now spread that all over the United States. Oh, this is not just me imagining it could happen. Go do a little research and you will see that it is happening already, especially in the research world. If you don't think it has started moving in a warp speed go look up NVIDIA's stocks. It went up 400% just this year because of their AI chip technology. If anybody has a job that can be replaced by an AI, I highly suggest you find a different type of work. AI take over is not coming IT IS HERE!

  • @rendermanpro
    @rendermanpro Před 10 měsíci +5

    "Wages today are good or even better than 30 years ago, and because of AI we will able to buy things cheaper" - nice joke

    • @KumiChan2004
      @KumiChan2004 Před 10 měsíci

      Which he kind of contradicted that later on by saying that the gap between the rich an poor is bigger than it has been.
      In some areas he's kind of wrong in. With what he said about wages and AI is way off the mark.

  • @pauldannelachica2388
    @pauldannelachica2388 Před 10 měsíci +2

    Thanks for the information

  • @dachicagoan8185
    @dachicagoan8185 Před 10 měsíci +35

    In other words, pay off all your debt and build a nest egg of savings and retirement so you can easily adapt to the economy that is changing at a faster rate. It will also help to learn new skills and develop connections. You can't be complacent and 100% dependent on your employer anymore. If you aren't prepared you will be left behind and potentially in the streets.

    • @tranger4579
      @tranger4579 Před 10 měsíci +4

      Dependency on your employer is the worst.

    • @woodchuck003
      @woodchuck003 Před 10 měsíci

      Reich believes in what he think is MMT and that s government can deficit forever.
      If you think one should pay off there debt the Reich is anti-advice.

    • @heyaisdabomb
      @heyaisdabomb Před 10 měsíci +6

      @@tranger4579 I think this is how most boomers lived. The biggest reason I think the 90's were so bad for the middle class is because boomers generally stayed with one employer for most for their careers. They took what they got, which was less and less of the profits every year. With millennials, you don't get loyalty automatically. You have to pay for it, or they will leave for better opportunities. This is why the real wage gap has decreased by about 19% in the past 20 years. But now were at a place that 1 job alone does not provide any security. You must develop multiple streams of income, because one may dry up or slow down.

  • @bhaskarroy6760
    @bhaskarroy6760 Před 10 měsíci +1

    Excellent analysis...

  • @lindax911
    @lindax911 Před 10 měsíci +2

    @7:07 Need to revert to pre-1980 tax policies, adjusted for inflation.

  • @tioopuh
    @tioopuh Před 10 měsíci +1

    Very wise man

  • @MartinNew14
    @MartinNew14 Před 10 měsíci +17

    It's bad but at the same time It's better to automate supply chains to avoid sending products to countries with political systems that don't prioritize human rights, such as China and Vietnam."

    • @FredSveru.
      @FredSveru. Před 10 měsíci +1

      true

    • @nominatorchris5591
      @nominatorchris5591 Před 10 měsíci +4

      Once workers no longer have as much as a say our labour rights will be no better than those nations.
      We can already see a increase in child labor and once ai comes wages will be decreased and the jobs that left will have no reason to treat workers right since there is a big labor pool waiting to replace you

    • @gian19791
      @gian19791 Před 10 měsíci

      The national debt is another problem and eyesore elephant in the room no one wants to talk about

    • @jacobjones630
      @jacobjones630 Před 10 měsíci +4

      As opposed to the country with the world's largest military and largest prison population?

    • @-whackd
      @-whackd Před 10 měsíci +1

      I think the US killed more Vietnamese people than the Vietnamese government did.

  • @hamentaschen
    @hamentaschen Před 10 měsíci +7

    "I'm gonna go get the papers, get the papers."

  • @vijaymujumdar5617
    @vijaymujumdar5617 Před 10 měsíci +1

    Inflation - quantitative easing, ie printing notes is the main culprit.

  • @akshaysingh7534
    @akshaysingh7534 Před 10 měsíci

    Interesting take

  • @gjd424
    @gjd424 Před 10 měsíci +21

    He is spot on!

  • @chanpol321
    @chanpol321 Před 10 měsíci

    Qualities scale has changed from GO and No GO to scale 1 to 10 and the price ranked changed this created productivity problems.

  • @daynajoe
    @daynajoe Před 10 měsíci +21

    Every word out of Mr. Reich’s mouth was the absolute truth! Every single word. Great interview! ✨🔥🔥🔥🔥🔥🔥

    • @woodchuck003
      @woodchuck003 Před 10 měsíci

      By truth do you mean the govt is going to be compiling about going bankrupt every few months.
      The fact that Reich didn't come on here and advocate for a broad tax increase to Controll inflation is proof he doesn't even understand the MMT policy he typically advocates for.

  • @ArnaudJoakim
    @ArnaudJoakim Před 10 měsíci +1

    Smart guy!

  • @ronkirk5099
    @ronkirk5099 Před 10 měsíci +4

    The labor market will be undergoing major changes in the future due to new technologies and ongoing automation. We must summon the political will as a society to make this transition as painless as possible for our fellow citizens who will be impacted by this transition. It is a matter of fairness.

  • @courtlaw1
    @courtlaw1 Před 10 měsíci +8

    We may have to take a page from the pre-history of Dune and reduce thinking machines to certain industries. UBI and universal Healthcare are needed now to allow many of us to start transitioning to other work. If it wasn't for health and mental care I would would probably work doing something I love doing.

    • @Ohiostategenerationx
      @Ohiostategenerationx Před 10 měsíci

      You are right about the Dune thing but very stupid on UBI. The best way to control people is to be the one's paying them. The government will literally own you and tell you what to do.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      Some people will be unsatisfied no matter what they're doing. I don't think government's role in society is to provide free stuff for people who complain and hate to serve others, taking from people who don't complain and are willing to serve others.

    • @yashpatel261
      @yashpatel261 Před 6 měsíci

      In Dune the people who owned the A.I. used it to enslave the human population. It will go down exactly the same here. Maybe Elon musk or his son will do it.

    • @aceyage
      @aceyage Před 2 měsíci

      @@gorkyd7912 You need to get out of that mindset. Everyone has a right to exist and have all basic necessities, otherwise society will collapse.

    • @gorkyd7912
      @gorkyd7912 Před 2 měsíci

      @@aceyage Everyone has a right to pursue their own necessities but no one has a right to necessities. What you describe is state sanctioned slavery. Understand that "right" is a law or a restriction on government. So a right to exist means its illegal to stop you from existing, that's fair. But a right to necessities? Who makes the necessities? You mean someone else has to feed you, cloth you, house you, bring you clean water, for free? That's slavery. Reject slavery, it's a step backwards. Empowered people do not need others to be sacrificed for their own necessities.

  • @saulgoodman2018
    @saulgoodman2018 Před 10 měsíci

    Woah, this is really out there.

  • @hectoralejandro9883
    @hectoralejandro9883 Před 10 měsíci

    Where can I buy the rose tinted glasses this man is clearly wearing?

  • @antoniobortoni
    @antoniobortoni Před 10 měsíci +1

    The advent of autonomous vehicles alone could potentially herald the downfall of capitalism as we know it. It's important to recognize that the global economy is not driven by the handful of millionaires, but rather by the majority. If the majority were to lose their jobs due to automation, it could spell the end of the economy as we know it, causing a significant collapse.
    In this scenario, the concept of Universal Basic Income (UBI) emerges as a beacon of stability. It promises a level of security that surpasses the allure of wealth, for while wealth can be exhausted, the stability and peace brought about by a consistent monthly income are invaluable. This kind of financial stability fosters a society where individuals can enjoy peace of mind and a decent standard of living, which, in the long run, is far more beneficial than accumulating wealth that eventually depletes.
    In essence, UBI could potentially redefine what it means to be 'rich,' shifting the focus from monetary accumulation to ensuring a stable, peaceful, and prosperous life for all.

  • @Roberta-my7qr
    @Roberta-my7qr Před 4 měsíci

    Would it include Universal health care?

  • @PrimateSoul
    @PrimateSoul Před 10 měsíci +1

    Replace CEOs and redistribute to workers

  • @claudiodelgado9073
    @claudiodelgado9073 Před 10 měsíci +1

    As the currency gets stronger we lose export competitiveness to countries like Brazil. The only option for us is to export both natural capital resources to other advanced economies that can pay for high quality services and resources. We can build everything around AI and make it fascinating but what happens when the dollar is so strong that no one can afford to buy from us.

    • @heyaisdabomb
      @heyaisdabomb Před 10 měsíci +3

      I don't know whose telling you the dollar is stronger. Maybe in the short term, right now, it is. But in generally, there's been a trend since the 70's that the US dollar is getting weaker. And with increased pressure from russia, the suadis, and china to move away from the US dollar, we could be in for a rude awaking, and a massive drop in value. At the end of the day, we based everything on the CPI, which doesn't even measure inflation. The numbers look good because the CPI has always been artificially low. What we don't look at is the cost of items as a percentage of your income. When you do that, your realize that the cheapest cars today for example are 85% more expensive than they were in the 70's. It's all about how you look at and interrupt stats. But living through it, I can tell you, the value of the US dollar versus the value of goods and services has plummeted already. We had supposed 19% inflation since 2019, yet everything I seem to buy has nearly double or more than that. My floss used to be $14 for a 6 pack, it when up to $28 in 1 year, and now in the past 4 months, jumped to $38. And that's not one retailer, that's searching everywhere online. Eggs more than double, gas, almost doubled,, the salad kits I buy from TJs have more than doubled, meat has gone up at least 30%, car prices have gone up at least 40%. The car I bought new for $26k in 2018 is now selling new for $36k... So I would look at the data with a big grain of salt and go with your gut and what you are seeing. Everyone says were not in a recession, yet everyone I know here in San Francisco is pulling back on spending, and are seeing less customers in their businesses. My business is down by about 50% of what we are normally at and have been in business for 30 years. But the data is saying people are still spending too much. That data is skewed by out liars, as the rich have become ultra rich.

    • @claudiodelgado9073
      @claudiodelgado9073 Před 10 měsíci +1

      @@heyaisdabomb from my PoV everyone has left San Francisco which of course businesses are going to suffer. The increase in rates has added pressure on businesses squeezing margins add a healthy job sector a rebounding manufacturing sector and you’ll keep a short term strong dollar for longer making it expensive for exporters. China is set to ramp up again (according to them they dropped rates), lean hogs just jumped over $6 on these expectations and the only thing keeping grain prices low is the Ukraine and Russian market trying to off load production to avoid a loss. The US dollars is strong when you see other currencies being debased by their countries to offload resources. Not sure if you understand how their debasement affects the dollar but it does make the dollar stronger especially when we are increasing rates. Brazil is a major agricultural exporter and a debasement by them makes our products more expensive.

    • @ppploan7625
      @ppploan7625 Před 10 měsíci

      @@heyaisdabombPoor emotion driven analysis

  • @ashishlivein
    @ashishlivein Před 10 měsíci +3

    The biggest struggle is to stay relevant. With rapid changes in tech, this is very scary and fascinating to see during our lifetimes.

  • @vilesvengeance3796
    @vilesvengeance3796 Před 9 měsíci

    He is completely right. Question is what are Americans going to do about it?

  • @cryptoFinx
    @cryptoFinx Před 7 měsíci

    First half is like watching bad scifi where they throw out words they think sound smart but clearly dont know the meaning lol 😂

  • @jxhensley2243
    @jxhensley2243 Před 10 měsíci +1

    Did AI write the script for this interview?

  • @ssotkow
    @ssotkow Před 9 měsíci

    MacBook Pro product placement while discussing tech titan income disparity with workforce.

  • @shutinalley
    @shutinalley Před 10 měsíci +7

    Universal basic income is inevitable.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      If so, the collapse of the currency is also inevitable.

    • @shutinalley
      @shutinalley Před 10 měsíci

      @@gorkyd7912 It's inevitable regardless. The technology is moving us into a system without a debt driven currency. An era where information is the currency. And that information is shared to everyone.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@shutinalley So it would be a universal basic income of information? Why? If people don't generate information they wouldn't have innate value in the system, so it would just be a big welfare state.

    • @shutinalley
      @shutinalley Před 10 měsíci

      @@gorkyd7912 People are living databases. From your microbiome and genetics to your everyday habits and environment. One person is worth trillions of dollars in data. That's not including every living thing and object in the environment which we are about to merge with these Ai technologies. What will happen is people will be given purpose. Human beings are caretakers of this environment of life. Keeping the variety of life stable is a precious and delicate system that must be maintained.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@shutinalley But dollars would not exist, so who would want the information contained in your microbiome and genetics? Who on earth would care about your everyday habits? We already know that people think other humans are damaging to the environment, so they already think having no humans is worth more than humans, and they pay extra to live in or visit places with fewer humans, so my assessment is that without a regular currency economy urging people together our society would revert back to Paleolithic tribal warfare.
      No one cares about your microbiome and genetics but they will capture you in combat and use you for a slave, and trade you for a warm blanket. Genetic information is only important in the context of the existing capitalist world order where you can make dollars from selling information and research to companies that have learned to monetize information into health solutions (or at least false promises of health solutions that get the hedge funds to bite). When that economy is gone there will be no inherent worth in anyone's genetics and the existence of AI, if it does continue to exist, won't really change that.

  • @Lords1997
    @Lords1997 Před 10 měsíci +4

    The OG!!❤

  • @innerlocus
    @innerlocus Před 10 měsíci +1

    “The House of Representatives passed a bill along party lines that seeks to lower gas prices by cracking down on alleged price gouging by energy companies. The House vote was 217-207: no Republican supported the bill.”Jul 29, 2022

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      The price of gas in 2019 was the same after inflation as it was in 1963. Neo-cons caused the rise in gas prices by banning drilling all over the country, slow-walking permits, killing pipeline projects, and insisting on a proxy war and sanctions against Russia. Now they're trying to blame gas companies with nonsense legislation like this. "Murphy (D) stated that the bill did little to address the forces driving inflation, and instead could vilify oil and gas companies in a way that would backfire, resulting in less production."

  • @icarusthefly5458
    @icarusthefly5458 Před 10 měsíci

    Productivity is not measured in value! It is measured in amount of products produced. Else inflation will artificially inflate the productivity. If i do the same thing this and next year, my productivity does not change. And not suddenly go up by 3%

  • @ronblack7870
    @ronblack7870 Před 10 měsíci

    i had 2 guys of 3 that run a particular process call in last fri and all 3 called in today on tues after labor day. so where are all these workers that are willing to work ?. i'm talking physical work in a factory.

  • @ronblack7870
    @ronblack7870 Před 10 měsíci

    so wait . workers expect raises even if they work the same as before so why is it somehow bad that employers expect higher productivity to pay the higher expenses. do workers count the higher cost of benefits as an increase even though they get the same benefits?

  • @Telencephelon
    @Telencephelon Před 10 měsíci

    6:53 The FED has done a good job. One way to look at it. Yet at the same time he just said that businesses just absorbed profits at the cost of inflation which made the stock market happy. So it's mostly greedy corps. Because negative news and falling profits would def. tank the stock market. The market keeps going up because of the numbers in the revenue sheets.
    And of course I guess there are a lot of families struggling. Which is a shame.

  • @RegularRegs
    @RegularRegs Před 10 měsíci +1

    Woah CNBC doing good for once?

  • @Ayo22210
    @Ayo22210 Před 10 měsíci

    Demand is infinite

  • @douglaslaw3752
    @douglaslaw3752 Před 7 měsíci

    The Internet didn't get rid of the salesman. I'm sure it will change but I'm an electrician. Someone has to construct all the AI to build it .

  • @auro1986
    @auro1986 Před 10 měsíci +2

    why artificial intelligence will hire when artificial intelligence can do work itself?

    • @discountchocolate4577
      @discountchocolate4577 Před 10 měsíci

      When I hear "AI will hire", I interpret that as AI being used to replace the hiring-related work done by HR. Most companies that hire more than 25 people already use dumber versions of this, what we call Applicant Tracking Systems (ATS) to filter out applicants whose resumes don't have enough of the right keywords, often ones chosen by the hiring manager and then handed over to HR with zero context. True AI, the sort used by the likes of ChatGPT, will be almost as if not just as blind and stupid and will be used by HR and managers to dodge accountability when it spits out mediocre and garbage candidates while flushing qualified and overqualified ones down the drain.

  • @lindax911
    @lindax911 Před 10 měsíci

    @4:46 UBI, or UBS? Or, maybe, a combination?

  • @alimichelle6662
    @alimichelle6662 Před 10 měsíci +39

    MOST rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them....

    • @yaganabulama775
      @yaganabulama775 Před 10 měsíci

      People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.

    • @GlenroyRichards
      @GlenroyRichards Před 10 měsíci

      I'm happy to see Mrs Brenda Leigh Van mentioned here, my spouse recommended her to me after investment of $5000 and She has really helped us financially in times.

    • @MikeGlen
      @MikeGlen Před 10 měsíci

      To be honest I invested as low as $1,000 because I was skeptical initially. Receiving my profit gave me more confidence to reinvest higher.

    • @VegetaThoughts
      @VegetaThoughts Před 10 měsíci

      LOL. The rich stay by selling logic like this to you. The rich stay rich BECAUSE they can afford to invest early and buy alot at a low price. Then pay someone (a CEO) to manage the investment and the cycle start all over again.

  • @julieprivate3265
    @julieprivate3265 Před 7 měsíci

    Ai should be taxed to create on the job training programs to keep people employed at same rate they are taking jobs, AI... if AI can figure out everything it can figure how to keep people employed.

  • @ambition112
    @ambition112 Před 10 měsíci

    0:29: ! Former Secretary of Labor Robert Reich discusses the stagnant real wages and growing productivity gap in the US.
    2:43: 💼 The rise of AI and platforms could lead to a significant shift in the employer-employee relationship, with more workers becoming independent contractors and working for AI intermediaries and platforms.
    5:54: 📈 Big companies are using inflation to justify price increases and increase profit margins.
    8:15: 💰 The concentration of income at the top, weak labor unions, and outdated antitrust laws contribute to widening inequality.
    11:14: 🌱 The historical focus on shareholder capitalism may have been a larger problem than the efficiencies it generated, and growth is necessary to meet environmental goals.
    Recap by Tammy AI

  • @jakejrly1508
    @jakejrly1508 Před 10 měsíci +3

    AI can start a software company, hire humans to be the face of it, and run it as efficiently as possible. Minimal wage cost, high revenue generation, and continue revolution of the software. This is scary.

    • @runvnc208
      @runvnc208 Před 10 měsíci

      They don't actually need humans. AI can actually already generate faces and voices, and will continue to get better at it.

  • @Telencephelon
    @Telencephelon Před 10 měsíci +1

    13:00 European here. Perhaps some European countries do better, but it also matters what you do for humanity. And in AI leaderboards and general scientific output I see the US on top. Too much comfort doesn't work

    • @josephlynch7655
      @josephlynch7655 Před 10 měsíci +1

      There are trade offs for sure. Not necessarily better or worse just different

    • @scottandrews947
      @scottandrews947 Před 10 měsíci

      Your governments will protect you better than ours (I'm American).

  • @isferfun3909
    @isferfun3909 Před 10 měsíci +30

    He's correct. It is inevitable that human have to adapt to ever changing automation in life. I totally support more automation. Everyone at a given point in life will have to wake up and get a job whether he/she likes working or not. It's just the way to sustain a living and means for many decades. It is still up to each individual how to get along, support a life style and not commit any crimes or causing pains to other while doing any adjustments and jobs.

    • @gian19791
      @gian19791 Před 10 měsíci +4

      It means u need to be more educated because it's gonna be severely competitive even that is not enough 😢😭😮

    • @lordcrekit
      @lordcrekit Před 10 měsíci +1

      Watch more of the video lol

    • @JosephSolisAlcaydeAlberici
      @JosephSolisAlcaydeAlberici Před 10 měsíci

      @as-cf7rx not everyone has to be educated with history, social science, and humanities because not everyone wants to be intellectuals and to be honest, liberal arts universities should have been only accessible to those coming from the elite families who want to be leaders, not to average Joes who want to live with a simple life by earning bucks daily, so liberal arts universities should be downgraded into institutionalized finishing schools (schools for socialites).

    • @longbeach225
      @longbeach225 Před 10 měsíci +2

      I think the best way is to move to another country here cost of living is lower then do online gig jobs.

    • @discountchocolate4577
      @discountchocolate4577 Před 10 měsíci

      @as-cf7rx The experience of the 2020 BLM protests showed us that people have to not just be desperate but also _free of all distractions,_ as for a few months they had neither bread nor circuses. The mass furloughs of nonessential workers during the initial lockdown in effect meant temporary mass unemployment, so people who before might have been chained to their desk or to the back kitchen of a restaurant 60 hours a week suddenly had time (and not enough left to lose) to go out and march in protest both for themselves and in solidarity with victims of police brutality.
      Unrest was quelled the moment covid and police brutality were turned into a referendum on the Trump administration, with Democrats shamelessly associating themselves with the antiracist movement despite most big city governments - who even in June 2020 directly defied demands from their constituents to defund and demilitarize the police - being dominated by Democrats. Joe Biden, author of the '90s crime bill, suddenly became the BLM candidate because of this ridiculous partisan narrative which cast all blame on Trump and the Republicans rather than correctly spreading it to both capitalist parties. And this was also around the same time state and city governments all over the country accelerated the "return to normal", i.e., when they gave business owners permission to demand their nonessential employees go back to work (even at f*cking Disneyland!) and start lifting mask mandates, nearly a year before vaccines became widely available!
      We were given a brief window to see what the beginnings of real, fundamental change might have looked like, then when push came to shove the most vocal and politically influential 10% of the country who wanted to either pretend we could go back to pre-covid world unscathed or that nothing was wrong to begin with dragged the rest of us kicking and screaming back to a post-covid "normal", a state of affairs resembling pre-covid but where food and housing are twice as expensive as before, everyone who was working one and a half jobs before is working two and a half now just to stay afloat, landlords are collecting rents again, student loan debt payments are mandatory again...and we're meant to pretend the last 3 years didn't happen, except for the inflation (and the Fed's response to it). We had policies in place (e.g., child tax credits, moratoria on enforcing debt and rent collection) that significantly reduced poverty in the US, that were _explicitly_ framed as temporary emergency measures, because if they were permanent the line would stop going up.
      I for one am just as angry as I was in 2020 to see the potential for a real people's movement--let alone a class-conscious workers' movement--completely squandered (and at least as often, cynically and deliberately misdirected by both Dem-affiliated NGOs and by Qanon-adjacent grifters). The difference is I was unemployed/finishing grad school then while now I work full time when most everyone else is asleep. The rage is there but it is entirely contained in an airtight jar made of existential fear and despair, fueled by the emergence of AI manifesting the worst nightmares of the Luddites, fueled by companies and policymakers figuring out that nothing serious will be done about climate change so they might as well keep drilling and extracting minerals unsustainably, fueled by the realization that as long as people can get their treats from Amazon or Walmart or Grubhub or wherever, they will stay quiet and obedient instead of risking their own hides missing the occasional day of work to go to a protest, or attempting to organize a union drive when they have no prospect of finding work if they get fired or face retaliation.

  • @buicklincoln
    @buicklincoln Před 10 měsíci +1

    I don't think things are better for the American worker over the past 30 years. We've regressed. The technology may be better, but homelessness is out of control and the workers with homes have lost purchasing power.

    • @KumiChan2004
      @KumiChan2004 Před 10 měsíci

      Just because people have access to better technology and a better standard of living doesn't mean that equates to a better life or less stressful life.
      And wages has a lot to do with that.

  • @loukramer152
    @loukramer152 Před 10 měsíci

    I don't understand how the man who predicted that the internet was a passing fad (equivalent to the fax machine) is given any credibility when it comes to predicting the future and prescribing policy.

  • @scholarlyreader383
    @scholarlyreader383 Před 10 měsíci +6

    Robert Reich always the master. Quality of life far exceed materiel possession.

    • @kiandraplummer8345
      @kiandraplummer8345 Před 10 měsíci

      An underrated national, maybe even international treasure.

  • @ngpb17
    @ngpb17 Před 10 měsíci +1

    Universal income is a most. If not, we will be in a very poor nation with few rich people with literally all the wealth.

  • @khalidalali186
    @khalidalali186 Před 10 měsíci +4

    Nobody is thinking long term value. Everyone is too busy being self-centric, and thinking about short-term gains, to worry about the dire consequences that might stem from AI.

  • @cruelworld9825
    @cruelworld9825 Před 10 měsíci

    basic pay is the only an answer not for everyone but only for those who are affected by it

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      Why should people get free money?

  • @spencerthomas5347
    @spencerthomas5347 Před 10 měsíci

    UBI's moment has passed. It can only work in a system where the basics of existence are quite cheap. They'll never give us enough money to keep up with today's rents. Instead, we need to provide the basics of existence directly, funded via taxes, and free at the point of service: housing, food, health care, higher education, transportation. If everyone has the basics, sure, then we can all live as modern day laborers in a spot market. Without the basics provided - even with a UBI - we'll be immiserated.

    • @discountchocolate4577
      @discountchocolate4577 Před 10 měsíci +1

      Landlords raising rent was always going to be a problem with the implementation of UBI, or at least the Andrew Yang version of it. This comment is right on the money, the people profiteering off of providing/withholding basic needs have to be removed from the equation but it seems like almost nothing ever happens in the US policywise without some leech or middleman profiting from the transaction.

  • @introvertsrock9843
    @introvertsrock9843 Před 10 měsíci

    Should do a video/story on
    Companies (big & small) who are losing their appeal by getting rid of real customer service (walk into any biz & we all can see examples)

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +1

      Customer service is great where I live. If I go to the big cities though, I can see that the level of customer service is determined by how the employees are treated by the customers. At some point you can't pay people enough to take that much crap from "customers."

    • @discountchocolate4577
      @discountchocolate4577 Před 10 měsíci

      When the cost of living in the center of a metro area is two arms and a leg and the people behind the desk live in tiny one-bedroom studio apartments 50 miles away because that's all they can afford working in the CBD, _of course_ customer service in the big cities is gonna fall of a cliff. And that's before we factor in the Karens who used to get away with treating these employees like servants or slaves as recently as 15 years ago with no risk of pushback except from the workers with a death wish or nothing to lose.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@discountchocolate4577 Customer service fell off a cliff because all the current employees have been convinced in college that we're in an evil imperialist capitalist dystopia that is destroying the entire world, so when they drive away customers from another evil corporation they think they're doing something morally good.

  • @vallab19
    @vallab19 Před 10 měsíci

    The labour unions today should press for UBI, it may sound contrary to their interest, however the only segment of marginalized human society that will keep massively growing will be the the recipient of UBI. Once the numbers reach the critical tipping pressure point the capitalist (private property) as well the socialist authoritarian system will collapse . The masses liberated from the drudgery of work or the wage slavery will get all the time and energy to participate full time in the democratic process of political decision making leading towards the establishment of a egalitarian human society. One should know that keeping the massed in jobs in the future is the class interest of the elite ruling class so they can keep the massed under thier control. UBI will ultimately work against the ruling power interest of the elite class. Therefore the socialist or the countries will always resist or oppose UBI fearing threat to thier authoritarian rule.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      I think you forgot how money works. Everyone has it means its not valuable any more, means you can't buy anything with it. The elite will trade money for asset the moment you mention UBI, because they know this.

  • @merc7paul
    @merc7paul Před 10 měsíci

    I'm also a contactor

  • @zsi
    @zsi Před 10 měsíci

    All of the ideas around "protecting human rights" sounds good in theory. But, who are you going to punish when AI builds and runs its own businesses? All this talk about curtailing business use of AI to keep people from losing their jobs, but there will be a time when autonomous AI is building and running its own businesses. We are all screwed when that time comes.

  • @TravisBerthelot
    @TravisBerthelot Před 10 měsíci

    Trillions of spending does not create a tail wind. It just creates inflation. If you want buying power growth then you need a manufacturing sector, but that is not possible under a tyrant state of false exchange rates.

    • @darinherrick9224
      @darinherrick9224 Před 10 měsíci

      That depends entirely on what the money is spent on. Some spending pays dividends. Others, like military spending, just blow the money to smithereens.

    • @TravisBerthelot
      @TravisBerthelot Před 10 měsíci

      @@darinherrick9224No. The dividends, interest, loans, or the like would also be inflation.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@darinherrick9224 Exactly, it depends what you spend money on and it also depends how much you spend. There is a law of diminishing returns; you won't get as much value per dollar spending 5 trillion as you did spending 5 billion or 5 million. At some point the spending is just a self-fulfilling spigot of free money; it's being spent to keep the people who are getting it from not getting it any more, there is no actual value.

  • @OM-bs7of
    @OM-bs7of Před 10 měsíci +3

    Longing for a time when AI replaces managers and politicians. The world would run way more efficiently

  • @zionismisterrorism8716
    @zionismisterrorism8716 Před 10 měsíci +4

    You should be worried more about human stupidity rather than artificial intelligence.

  • @PCBmanufacturer1
    @PCBmanufacturer1 Před 10 měsíci

    Then we should probably ban AI or adopt them slowly

  • @oscarr2033
    @oscarr2033 Před 10 měsíci

    Los primeros en ser sustituidos por IA serán los conductores de noticias y TV, don’t you think ? 😝🙃🤓

  • @godchrist5563
    @godchrist5563 Před 10 měsíci

    Say prayers to God that he has smart men and women in government to address AI. The government needs smart and intelligent people to address AI.

  • @alankwellsmsmba
    @alankwellsmsmba Před 7 měsíci

    Lawyers are screwed. I weep not.

  • @XOPOIIIO
    @XOPOIIIO Před 10 měsíci

    Workers are less unionized today because they have less need to be unionized.

  • @thuydoan7496
    @thuydoan7496 Před 9 měsíci +1

    Ai is currently taking most of the jobs out there. If you know an Ai programmer, tell them to go to hell.

  • @BW-zd6nc
    @BW-zd6nc Před 10 měsíci

    And everyone laughed at Andrew Yang when his presidential platform years ago was built around these exact things. 🤦

  • @Johnc812
    @Johnc812 Před 10 měsíci

    50 years ago a single parent would work while the other stays home to raise the children, nowadays both have to work to survive. Imo were definitely less productive, regardless if productivity has risen its only because of technology not because we're doing more!

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @Luke5100 It's because globalism has lifted much of the entire world out of abject poverty, meanwhile leaving Americans and many Western countries improving at a relatively slower pace.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +1

      We're more productive in the sense that we have access to more actual wealth. But our buying power is stagnant, meaning that the typical worker doesn't earn more buying power for their labor despite producing more wealth.

  • @lindax911
    @lindax911 Před 10 měsíci +2

    @8:45 It floors me that low to middle class workers thing unions are a bad thing ... because capital tells them unions are bad.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci +1

      No, its because we have actual life experience.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @Luke5100 Of course it's generalization, it's a generalized topic. There's thousands of different unions and they're all different. Unions are like politicians, lawyers, insurance agents, HOAs. Some people love them, I personally would far rather handle my own conflicts with my employer than pay someone else to do it badly. Just like I'd rather replace my own car, talk to my own neighbors, etc.

    • @lindax911
      @lindax911 Před 10 měsíci

      Individually, you have no power.

  • @mattmatt2417
    @mattmatt2417 Před 10 měsíci

    This is a shortened/the shortest version I could put together about section 230/companies first amendment rights/company policy/user agreements/TOS, it doesn't have A LOT of info behind these thoughts, BUT IF you understand ENOUGH, you can understand MOST, IF NOT ALL, of this.
    I think the even crazier thing is/funny/ironic thing is/ A LOT of people seem to want to punish these companies/honestly at this point, there is no logic, behind what people are TRYING to do, IF you remove section 230, you will force companies to moderate EVERYTHING vs just what they are moderating now/IF you violate a companies 1st amendment right, to run thier OWN business, how they want, your not solving anything, IF you try to use the Monopoly card, that doesn't make sense either, because to much business/opportunity is in the market, for EVERYONE, for that to make sense/Apps/Websites/Servers/online shopping/messaging/sending pictures/videos,buying things online, online stores/browsers/ads, are available from thousands, if not more companies/big tech doesn't have ANYTHING, another company doesn't already have/their not doing ANYTHING, other companies aren't ALREADY doing.
    What are you fighting for?
    Freedom of speech doesn't apply in private business/on private property/IF you go in Walmart yelling and screaming, you will be escorted out/kicked out/MAYBE banned from the store.
    If these companies are considered editors/publishers, then you will be censored EVEN MORE.
    Then even after section 230 gets removed, these companies have TOS/User Agreements/Company Policy/Contracts and so on, to fall back on.
    These companies can ALSO claim that the censorship, is a direct reflection, of their customers/the companies/people paying for ADs, don't want certain content, around their ADs.
    ALSO I think a company has a right to disassociate its self with certain things/certain companies, MAY not want to be affiliated with certain things.
    Meaning SOMEONE could post something crazy like, mouth wash will cure the pandemic, as a company/business, you might not want to be affiliated with that/you MAY not want your customers to think of you, when this is talked about/you may ALSO feel morally responsible, IF thats on your website/server, ALSO these companies/Employees/CEOs, aren't doctors, so they don't want certain drug information about curing something, on their website/it MAY be a political free website/it may be certain hateful attitudes, they MAY not want to be affiliated with, point being is, a company should be able to form, what ever community they want, good or bad/thats the vision the creators, of the website, had/have, IF someone wants to create something else, they can do that and they can make it, whatever they want it to be, as well.
    What's the point/what's the end game?
    The ONLY other thing I see here is, its a game/a charade/a show/political/talk/ basically its congress/the government/other political people just talking, to make it sound like their doing something, even though they don't understand what their trying to achieve/do, other than make their voters, THINK they care/for them to TRY and get re-elected, I mean beyond this, I can't see a purpose, for ANY of this.
    ALSO honestly I don't think the government NEEDS OR SHOULD be involved in any of this/I think the market will figure its self out/IF someone doesn't like a certain business,because they were censored/because they don't like a business's business practice, then, people/consumers/users have the option to not use that service/not use that business AND IF ENOUGH people feel this way, then the business will adapt/change OR no longer exist, in this BIG market/the internet, people have a LOT of options, so basically, let the customers/users/economy/market sort it out.
    We ALREADY have government regulated constitutional laws/the FTC/FCC/DOJ and other regulatory organizations, handle the things that need to be handled, EVERYTHING, is ALREADY in place, the way it NEEDS to be.
    We don't want to get to a point where the government ONLY allows us, to see certain things/the government doesn't need to control these things/we don't need to turn into china/have to have a VPN, to get news/information.
    These two companies MAY be REAL monopolies TSMC and ASML, Samsung MAY be combating this SOON/Samsung is opening/building a chip manufacturing facility, in the US, other REAL monopolies, utility companies, water,electric,gas,internet,trash companies, SOME areas MAY only have one option, for these services, that is what a TRUE monopoly is,being big, alone, doesn't make you a monopoly.

    • @mattmatt2417
      @mattmatt2417 Před 10 měsíci

      This is how these companies protect their selfs, in the future, without section 230 AND this is how these companies do what they do now, with your data/you give them permission to/you agree to it.
      These companies have to moderate, because these companies NEED to make money/be SOMEWHAT family friendly, for their customers/companies/people paying for ads.
      So their ONLY choice, in general, BUT DEFINITELY without section 230, is to moderate EVERYTHING, well everything that violates Terms Of Services/User Agreements/Company Policy.
      Also The User Agreement,TOS and Company policy was created to protect that specific company/that individual company, meaning that company can make what ever decisions they want, about their own company/private property/servers.
      Another example, if I have guest over at my house and I set rules for them, they have to follow those rules, but I don't, I could also choose to enforce those rules, how ever I want to, meaning, if I have a close friend, I can tell them, they don't have to worrie about that, or I can say, if you pay this much, those rules don't apply to you, or I could have a separate contract with an individual company, where they get another version of TOS.
      Heres some more examples of how section 230 doesn't matter as much, as people think it does, well it does, if you don't want to be censored, but if censor ship doesn't bother you, repealing section 230, won't effect you.
      If section 230 is removed, user Agreements/Terms Of Service and company policy will protect these companies, the ones, we ALL agree to, when we access/use these companies websites/apps.
      Also these companies can claim they are not biased, the censorship is a direct reflection of their customers/the people buying ads, don't want certain content around their ads.
      Also EVERYTHING will be moderated/censored, EVEN MORE, IF section 230 gets removed.
      You can't go to Walmart yelling and screaming profanity, without getting thrown out and MAYBE even banned from the store, because of company policy, no shirt no shoes, no service; no mask, you can't enter the building.
      Also as another example have you ever read what you sign when you go to the Dentist?
      Some of what that says, basically says, if we break your jaw/deform you, we are not responsible and you can't sue the company or employee.
      Also to go a little further with that, Amazon, to protect them selfs, from law suits/reviews on their websites that are bad, companies would have to have an agreement, with these companies, meaning, if you want your product at Walmart/Amazon, you will need to agree to this, then that product would be approved, meaning that company can no longer sue Amazon/Walmart, for a bad review, a buyer/user leaves.
      This would protect the company from what the user says and does AND this would protect the companies selling other companies products as well.
      This could also go further, with website agreements too, meaning your ISP/Internet Service Provider, would ALSO be responsible for what you say and do, on the internet, so, certain sites would be on an approved list, based on their user agreements/you would have access to some websites, that are approved and some websites, you can't access.
      So MORE censorship.

    • @mattmatt2417
      @mattmatt2417 Před 10 měsíci

      This was originally written, to show companies, that work with other companies, why they can't violate contracts/TOS/Terms Of Service, when using other companies services,this also shows how companies can still accomplish what they want and need to, they just have to use their own servers/websites/browsers/stores and so on,so their not bound by contracts and TOS,but this also shows where this is going,IF things become unconstitutional,when it comes to the government, were not here YET, at least with the unconstitutional issues, YET,but this is the final steps, IF THEY NEED TO BE TAKEN:
      This is MAINLY about Parler,BUT parts of this, COULD ALSO apply to other companies,IF the government violates companies 1st amendment rights/if regulation starts becoming unconstitutional,other companies MAY have to ALSO use these tactics, BUT Parler still have/has plenty of options, a long with A LOT of other companies, BUT companies that are doing business, with these companies, ALSO have to follow these companies TOS/Terms Of Service,User Agreements,Company Policies and contracts.
      Meaning, IF you have controversial ideas, MAYBE, you should have your OWN servers/not pay another company for cloud servers, binding you to ANOTHER agreement/TOS/Contract, if you want something like this, you need your OWN, physical servers/Website, APP and browser, IF Duck duck go/Opera, doesn't work for you. Also either a store or just allow your APK, to be downloaded, from your website.
      ALSO, IF you have an idea/platform/APP, that has no censorship/moderation/that violates A LOT of companies TOS/Terms Of Service/User Agreements/Company Policy and so on, MAYBE OPEN SOURCE/FREE SOFTWARE/ALSO Linux/different distros, WOULD be a good option, IF thats where your business NEEDS to be, BECAUSE, it violates MOST companies, Terms Of Service/Company Policy/User Agreements and so on.
      Richard Stallman liked/likes free software, free as in, you are allowed to modify the code, not free as in price, that MAY be something you MIGHT want to look into as well,I'm not saying I'm COMPLETELY on board with him as a person,BUT it is an option.
      Also Parler CAN still have their APP, on the Play Store/Apple Store and their servers, BUT they need to moderate better/change WHAT EVER, it is thats violating TOS/ Terms Of Service.
      Another example, when SOME CZcams channels don't fit/conform to CZcams properly, A LOT of creators turn to patreon and MAYBE sponsors.
      Anyway OTHER OPTIONS are out there.
      You can't violate these companies TOS/Terms Of Service,User Agreement or company policies.
      You can do what ever you want on your own website/servers, BUT I suggest, the company should ALSO be careful with that too, also your APP can TECHNICALLY be side loaded, to devices, IF Android/Google or Apple doesn't notice, because its their OS/Operating System, BUT technically you should be good, just have instructions on your site, how to become a developer/tap build number 7 times/enable your device to side load the APP or allow the APK to be downloaded/installed, from your website.
      If Parlers not figuring out simple things, like TOS/they didn't realize this, they DEFINITELY don't realize whats going to happen NEXT.
      They will NEED to keep their servers out of the US/ at the least VPNs/re-routing traffic, will help, for their CURRENT problems OR have your OWN servers, in the right area.
      Meaning Parler has to also follow laws, so the government doesn't shut them down, or at the least keep their servers out of the US/register their business somewhere else.
      ALSO doing things this controversial, I would DEFINITELY code in a language that can EASILY be scaled/moved/MAYBE Java/Python, along with the NORMAL stuff, HTML,CSS,PHP,Java Script, MAYBE also C, IF needed AND so on, anyway it needs to be a company/code that can really adapt, to any situation, QUICKLY.
      Also Parler needs a serious look at security as well, their platform is TERRIBLE, when it comes to security.
      Anyone debating about using Parler, I would advise them not to, because of their security issues.
      Hopefully this helps them/points out OTHER problems though, meaning, once they get their own servers, IF their in the wrong areas/IF their not using VPNs and so on, they will STILL be having issues/the government could shut them down, IF they don't think first,ALSO, IF the government continues this/some things from the government, is normal,BUT these un justify able targeted attacks, against big tech, NEED to stop OR other companies MAY NEED to do these things as well/get out of the US,including Google, the government aren't supposed to do things like this/what's been going on recently/I have a feeling, its going to turn into something thats COMPLETELY unconstitutional.

    • @mattmatt2417
      @mattmatt2417 Před 10 měsíci

      A lot of people seem to think these companies are monopolies, I'm not seeing it.
      To start with, we CAN'T bail companies out that don't understand the market/that aren't understanding the times/moving with the times/adapting/making good business decisions, companies like Sears,Kmart,ToysRUs,Blockbusters and so on, companies that are already dead/that are going to inevitably die anyway.
      The Last Blockbuster, MAY become a museum and survive/have an admission fee, BUT traditional brick and mortar won't survive.
      Companies that think brick and mortar is forever/newspapers that still use actual paper, just to give a few examples, IF a company is obsolete, we can't punish the companies that actually understand the market/the main things are, low price, convenience and remember we live in a digital world.
      A LOT of people claim these companies are monopolies.
      How do you think they are Monopolies?
      What makes them monopolies?
      Infact I would argue A LOT of them rely on each other, to be as successful, as they are and they are competing with one another too and they have other competition too.
      Meaning Google/Apple/Amazon/Microsoft, supply the store, for download/to get the APP, but also other stores exist, such as F-droid,Opera store,Linux stores, such as the Ubuntu Software store, the Snap store,FlatPak,repositories, also playstation and many others, that I'm sure I'm failing to mention.
      Also Amazon have removed googles apps, from their store/devices before, apps such as CZcams/the google play store, to get them on those devices, they have to be side loaded/the APK has to be downloaded.
      they also ALL have browsers/ multiple browsers exist, Chrome,Safari,Amazons browser/silk browser,Microsoft/Edge, also other browsers exist FireFox, Duck Duck Go, Opera,brave,tor and many more, I am failing to mention too, im sure.
      Also A LOT of them have different types of media/video platforms, CZcams,DailyMotion,Amazon Prime,Apples streaming service, also MANY other companies are in the market, Netflix,Hulu,HBO MAX,Disney+,Starz, direct tv, sling tv,playstation tv and so on.
      Also they ALL have streaming devices, but so does, Roku,Nvidia Shield TV and so on, also home devices, Google has them, Apple and Amazon.
      Also they work with A LOT of companies, so smart devices, such as lights,doorbells,security cameras, apps and so on, can be compatible with their smart devices, through voice and in general.
      Also ALL kinds of apps are on these stores, not just Amazon's,Apple's,Microsoft's and Google's.
      Also like I said, these companies compete with each other and other companies, on a day to day basis, for our time/to go to Facebook,CZcams,Twitter,Pinterest,Reddit and so on.
      Bitcoin exists
      Twitter also has square, their payment system.
      Facebook has Libra.
      Apple has Apple Pay.
      I'm sure Google will have their own as well.
      A long with Amazon.
      Walmart has talked about creating their own currency as well.
      I'm sure Disney and A LOT of other companies will ALSO do the same as well.
      Also Microsoft has Cortana,Amazon has Alexa,Apple has siri.
      Also Microsoft,Amazon and Google have cloud servers as well/you can rent/lease these servers and use them, they do have TOS/Contracts/rules though, just like EVERY other thing we rent, rented vehicles have contracts/rules as well.
      Also ALL of these companies are competing for our time as well and business.
      Google sells ads/products, such as chrome cast,Google home devices,Pixel phones,Amazon sells products/ads, they ALL rent server space, also linux have servers too though/Red Hat/other distros support servers.
      Also Walmart, Amazon,Wish, Alibaba and Home Depot exist, along with A LOT of other companies,they ALL deliver too, with Doordash,UPS,USPS, FedEx and Amazon.
      Microsoft has social platforms/also owns GitHub, along with,Yammer,Teams,Skype,Linkedin
      Facebook owns: Oculus VR, Instagram,Whats app.
      Google:CZcams.
      Just to name some other social platforms:
      Voat,Quora,4chan,We Chat,Tumblr,snapchat,TikTok,Weibo,Wechat/weixin,QQ,Viber,Telegram,Medium,Clubhouse,Rumble,MeWe,Gab,Triller,WT Social,Valence,Flip,Popbase,Elpha,Yubo,Peanut,HouseParty,Caffeine,Steemit,GoodReads,CaringBridge,WattPad,Crunchyroll,italki,Ello,Vimeo,Giphy,Tribe,Kuaishou,lmgur,influenster,FilmAffinity,Open Diary,Bubbly,Soundcloud,Mocospace,CouchSurfing,just to name a few.
      Also if you wanted, you could run linux/Ubuntu Touch/SailFish OS/Plasma Mobile, and also use F-droid and use Opera, anyway alternatives are out there.
      Also if you have an Apple device, I would think you would want that closed environment/ecosystem.
      Also if we opened up these stores to EVERYONE/didn't have any security/vetting process, I don't think that would be good.
      I guess you could ALREADY argue that these stores, ALREADY have malware/adware on them/they track,spy and so on, BUT I still think a vetting process should be in place.
      My main point is, NONE of these companies have something another one doesn't, meaning another form of the exact same thing, ALREADY exists out there/people have other options/they are not forced into using a certain company.
      I don't see a monopoly here, infact I see ALL of these companies, fighting for our time and business.
      Real Monopolies/POTENTIAL monopolies are internet companies,electric companies,water companies,Gas companies and garbage companies, SOME locations don't have other options, in that area, but one company, so they could charge what ever they want and treat their customers, how ever they want, with no consequences.
      TSMC and ASML MAY ALSO be TRUE Monopolies, MAINLY, because they don't have MUCH or ANY REAL competition and TONS of companies rely on them,Samsung MAY be changing this,SOMEWHAT SOON, they plan to open a chip manufacturing company, in Texas.

    • @mattmatt2417
      @mattmatt2417 Před 10 měsíci

      This is ANOTHER thing thats been brought up lately, that EVERYONE is doing, NOT just Facebook/Amazon, ANYONE running a website/selling ANYTHING on the internet, IF their not, then they don't understand the market/don't understand business/SEO;
      Internet Privacy is a whole other issue/problem. Its one thats really hard to get around/baisicly impossible, unless your willing to sacrifice A LOT.
      Its a little late to do much now, they ALREADY have the info, MAYBE if we started this 20years ago.
      To completely eliminate this, you would need to buy an old vehicle/one with out a computer in it.
      Also tires are an issue,car computers,phones,tablets and computers are an issue/a vulnerability.
      A VPN, and encryption/encrypting your files/firewalls/blocking trackers/https helps, to an extent.
      For SOME things, You would also need to worrie about browser Finger printing, this BAISICLY, in a short description.
      Browser fingerprinting logs your devices hardware/software/determines its you, by knowing, what CPU is in your device, how much RAM you have/by knowing which applications you have installed.
      It BASICALLY identifies you, by knowing what your system is, and how its setup.
      Thats a real brief description, if you or someone else, wants to know more, they can look it up.
      Also to add to that, just a little bit.
      Each browser has a browser fingerprint ID, thats linked to you/your device, for every browser you use/every browser has a different browser fingerprint ID, thats linked to you.
      SO A LOT of people separate their browsing, by using different browsers, for different things, so some data would be in/linked to one browser/browser fingerprint ID and some to others.
      This helps SOME, but I'm sure all of this info can be linked back togeather, SOME HOW, MAINLY, because all of these browsers are sharing this info/data, so if all of this data is shared, and they've already ID'ed/identified your system/you, they MOST LIKELY, can tie ALL of this back, to you/your device, once they put the data back togeather/use other browser finger printing ID, data /info/once its fed back into the algorithm.
      To disable everything/what you can disable, would become annoying/you MAY get banned from certain servers/sites,sites MAY not load properly, you may have to prove your not a robot, A LOT, by selecting all the pics of bicycles,cross walks, traffic lights and so on.
      I don't care about cookies, the browser add on, MAY help with this, but it MAY just create ANOTHER vulnerability/you would have to trust the creator.
      Anyway, a lot of sites won't load properly, without SOME cookies/Java Script and so on. Plus you have to worrie about browser finger printing, trackers, also bluetooth,wifi/EVEN covid contact tracing/tracking, is a vulnerability.
      Also as SOON as you install FB, nothing else matters, well A LOT doesn't matter, after that.
      Also Microsoft and Apple's OSs/Operating Systems are a huge issue/you have to rip a lot out of Windows 10/it has a built in keylogger, ad software/an AD ID, thats linked to you and your machine.
      For Google/Android, A LOT of people, will rip out all of google's services and install thier apps from F-droid vs the play store.
      This COULD and most likely will cause problems.
      Also allot of people use a VPN as well.
      Also people use other tactics like disinformation, meaning they create lots of profiles/personas/muddy the water/make the info/data, not make sense.
      Firewalls/blocking certain servers, is a good tactic, IF it doesn't break something/lock you out.
      Anyway to be completely incognito, is really really hard, to do properly AND A LOT of compromises have to be made/you may not even be able to go to certain websites/servers/load them and its time consuming, clicking all of the pictures of a certain thing, and diagnosing problems/trying to figure out, why certain elements are broken/won't load/Google, FB, Apple, Microsoft and Amazon, REALLY don't like it when you, stop them, from spying on you.
      Also if your hiding/trying to stay hidden from the FBI/government, it gets even harder, because they MAY not be able to see you, but they can use deductive reasoning/get a warrant, to check towers/internet/IP/server paths/your VPN provider/ISP/the company you pay for internet/Internet Service Provider, to baisicly start putting the puzzle togeather/check certain things, at specific times, anyway, the government has the ability, to look where others can't.
      So yeah, things get really complicated, when we bring privacy into the equation/conversation.
      I know thats a lot, but privacy, is definitely a huge subject and I just highlighted a few things/just scratched the surface, when it comes to privacy.

    • @mattmatt2417
      @mattmatt2417 Před 10 měsíci

      This ALSO covers SOME of the other concerns people are mentioning as well, ALSO by interfering in the market/trying to stop companies from bundling services, like AT&T does/Amazon does and so on, this is going to hurt consumers/prices will go up, you won't get as many perks/benefits from being an Amazon Prime member, ALSO not allowing people/developers to create something and sell it, to Amazon/Apple/Google/Microsoft/Disney/Walmart and so on, is not right either.
      What's been being described, that Apple/Android is doing, is what ALL people in business do/you have a vendor that you pay for products and USUALLY that vendor gives you a discount, for being a business or purchasing a certain number of products/in bulk, then you turn around and up the price of the product, you just purchased, to make a profit, when selling to your customers.
      ALSO these fees go to updating software/maintenance/to coders that code in Java/C#/HTML and CSS, Java Script/PHP/C, ALSO hosting/advertising/giving these software developers/companies a place to sell their products/APPs, ALSO transaction fees.
      ALSO IF you don't want to be in that closed eco system, that APPLE has created for its users, Android is an option/ANYTHING can be side loaded/downloaded, with Android, as an APK.
      ALSO like I've ALREADY stated, in the past, Apple's,Android's/Google's/Amazon's and Microsoft's APPs aren't the ONLY APPs on these stores,ALSO you can MOST LIKELY find MULTIPLE APPs that do the exact same thing on these stores.
      Such as messengers, Email apps,browsers,calculators,Alarm Clocks,Flash lights,things like nova launcher/Launchers,Music services and so on.
      So what congress/the government is saying, is you can't run a business?
      Also the accusations about companies taking developers products, I don't think thats true.
      If you look at history, look at MOST things companies have, they didn't even code them/they were purchased/ONE example Siri.
      ALSO look how long it took for a flashlight to be built into an OS/Operating System, its been SOMEWHAT recent since this problem has been solved,BUT flashlight APPs have been on the store, for a LONG TIME, an even BIGGER issue, that is STARTING to get solved, without root/unlocking your phone, is dark mode, APPs are starting to handle this and notification drop down menus and settings menus are STARTING to get better/fixed FINNALLY.
      I ALSO guarantee these companies aren't taking developer's code.
      It COULD just appear this way though, IF you look at ALL the companies, they copy each other/ A LOT of them have phones, A LOT of them have APPs/ calculators,calendars,flash lights,messenger apps, browsers,features and so on, they have to compete, OR they can't stay relevant.
      Also IF you want to handle ALL of this, A LOT of companies don't want to handle all of this, this as in SEO, advertising,coding/HTML/CSS/PHP/Java Script/Python/maintaining physical servers/websites/payment systems/hosting and so on, you can do that,BUT this is why A LOT of companies pay OTHER companies to handle these things/its time consuming/it cost money/you NEED to know A LOT, to do so, A LOT of companies want to focus/spend their time on their business and not ALL of these other things.
      Also some people are mentioning these things too/products that pop up, when you search for things,related to the site.
      These results,say sponsored/advertisement, right beside it AND your ACTUAL results are directly below the sponsored/advertisement results.
      ALSO if your on Amazon and it says Amazon basics, right by the product, we ALL understand its an Amazon product, its not a secret lol.
      ALSO ANOTHER thing people seem not to understand,IF you wanted to open your OWN website, to sell products, you can do that, AND IF you understand SEO, you can be really successful,BUT this is why E-Bay/Amazon/Square Space/Apple Store/Android Store/Microsoft store and so on, charge a fee/a customer finders fee/they also receive this money, to maintain their websites/servers as well, but to be successful, on your own, you have to build an audience/clientele, to be able to sell your products, on your own site, BUT these companies ALREADY have customers/have ALREADY built their market and you can even use Amazon as a warehouse/as storage, for your product OR you can never see products and drop ship/buy inventory from Amazon or pay for advertising, through Facebook,Google,Amazon and so on.
      ALSO ANYONE can make money through there own website/by understanding these things:
      The MOST important things to remember is, low price, convince and remember we live in a digital world,BUT on top of that.
      Innovation is what makes you a good business person/IF you're not CONSTANTLY changing and adapting/making things BETTER,your failing as a business, Also A LOT of people have this info/its not just Google/Amazon/Apple/Microsoft/Facebook/Twitter and so on, that have the ability to understand algorithms/understanding data, ANYONE doing SEO work NEEDS to understand ALL of this/it MAY be creepy, but knowing what people are buying/selling/knowing where their going/where they've been, physically and digitally, helps when your trying to connect the right people/EVERYONE can see this info though, as long as they have the know how to and IF you work in SEO, you NEED to know how to do ALL of this,BUT technically you can use Google/they supply ALL of the tools you NEED to prosper/you can get listed through Google, use their analytic tools, to track/study your customers, anyway ALL of this can be done, for free/the systems designed to do, what you want/need it to do, you could ALSO use other companies tools, such as square space, or another company, or you COULD ALSO hire an SEO professional,BUT its NOT NEEDED,IF you have the time/patience to understand ALL of this.
      Honestly the only thing a start up company/a new company, doesn't have, that Google has, is money, ALL of this knowledge is out there, for EVERYONE/its code, if you can read the code, then apply that to an algorithm, you can do EXACTLY what googles doing/ what EVERYONE else, that are successful, are ALREADY doing.
      Also by understanding SEO, you SHOULD be able to make money EASILY and FAST,IF you understand SEO, coding and Algorithms, that will help as well, ALSO IF you don't know how to sell your self/IF you can't find a market for your product/IF the market doesn't exist, that CAN/COULD be a problem TOO though, so you either have to create a market or realize your idea/product, is obsolete AND YOU NEED TO MOVE ON.
      ALSO companies like parler/Fortnite, that think its a good idea, to violate companies TOS/Company Policy/contracts/User Agreements/not moderating/trying to advertise your website on someone elses website/bypassing payment methods/offering another price on your website, thats Advertised, on someone elses platform, doing things this controversial, I would DEFINITELY get my OWN PHYSICAL servers, I would also code in a language that can EASILY be scaled/moved, MAYBE Java/Python, along with the NORMAL stuff, HTML,CSS,PHP,Java Script, MAYBE also C, IF needed AND so on, anyway it needs to be a company/code that can really adapt, to any situation, QUICKLY AND prepare to get sued, because your violating your contract/trying to steal advertisement.

  • @TheHomeman
    @TheHomeman Před 9 měsíci

    We have a recession right now but it is being masked by people spending money they get from a 2nd or 3rd job.
    I'm looking for a 2nd job, that's how I know.

  • @fornello123
    @fornello123 Před 10 měsíci

    The vocal fry 😩😩⚙️⚙️

  • @MrDaletres
    @MrDaletres Před 10 měsíci

    👍🏻

  • @JasonB808
    @JasonB808 Před 10 měsíci +3

    Technology to those that don’t under it will seem like magic. AI is just software with a very very large database of information we put on the internet combined with every choice we made, what we like, don’t like, all with a Large Language Model that allows natural language to use as code. The problem is the internet is filled with erroneous information. Just like any Software, garbage data in, garbage data out. Basically AI gets things wrong a lot. Humans will still be needed.

    • @nyb3894
      @nyb3894 Před 10 měsíci

      Great input!

    • @NikoKun
      @NikoKun Před 10 měsíci

      It doesn't have to be perfect. It merely has to get things right, at a higher frequency than humans do.. Which isn't actually gonna prove that hard for it soon.

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @Luke5100 "Sure it makes mistakes, but so do humans." Lawyers make mistakes but you don't hire just any random person to represent you in court because after all everyone makes mistakes. You don't hire a barista to be your heart surgeon because everyone makes mistakes. Same thing, a professional human will never make the kinds of mistakes that a general knowledge AI makes. And also, a professional human will be able to train a specific AI to do a specific job better than most humans. It's just a computing tool, it has to be used by humans. It will make some jobs obsolete but other jobs will be created. The idea of a general AI replacing human workers in general is science fiction.

  • @Lords1997
    @Lords1997 Před 10 měsíci +2

    Bring on Peter Zeihan!!!

  • @jimbojimbo6873
    @jimbojimbo6873 Před 10 měsíci +1

    Sponsored by Workday

  • @kidShibuya
    @kidShibuya Před 10 měsíci

    This guys sounds just like the old futurists... who were all completely wrong. Remember when a computer was a profession and when what we call computers today came in all these experts were saying there will be no jobs in the future?

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      Yep, Marx predicted the same thing. Everyone will work 3 hours per day because with automation we'll do everything in less time... yeah, now we work more hours than ever because we need less time cooking and washing dishes thanks to automation.

  • @curtheisler1200
    @curtheisler1200 Před 9 měsíci

    TAX. THE. ROBOTS. TAX. THE. AI.
    If we fail to do this early it will be harder to do later.
    We can't let corps take all the hard work we've provided them for decades and turn around and move their workforce to non-human labour without first understanding that we don't operate like that here. You want an AI and/or robot workforce? You pay a substancial tax per quarter that goes to UBI or other social services.

  • @daviecrocket9160
    @daviecrocket9160 Před 10 měsíci

    That would probably better haha

  • @kenthoover3573
    @kenthoover3573 Před 10 měsíci

    Farm workers were terrified of tractors taking there jobs. We all know how that turned out!

    • @gorkyd7912
      @gorkyd7912 Před 10 měsíci

      @@RiceCake-ep9gu AI is not going to replace a person. It's just not happening, people grow and self-reproduce but you would need a trillion-dollar factor sourcing parts from around the world just to make a robot somewhat similar to what humans can already innately do. AI is just a thinking machine, it's a computer, stop confusing it with a worker. It helps with repetitive reasoning tasks and learning.

  • @AK88.
    @AK88. Před 10 měsíci +1

    He's assuming they care about quality of life or entrepreneurs, newsflash they don't.

  • @dlewis8405
    @dlewis8405 Před 10 měsíci +1

    When I am looking for a coherent economic analysis I look to Paul Krugman. Robert Reich is basically Bernie Sanders with a PHD.

  • @amicableenmity9820
    @amicableenmity9820 Před 4 měsíci +1

    I'd rather unalive myself.

  • @jpcarsmedia
    @jpcarsmedia Před 10 měsíci +2

    So I guess invest into big tech and the S&P 500. Nvidia. Thanks.

  • @djg4653
    @djg4653 Před 10 měsíci

    AI will contribute in a positive way too. Reducing the need for number crunching or maybe even back breaking jobs. People will have time to learn new skills. Everyones a fear mongerer these days. Do you really wish you were still plowing fields with an ox. No you dont, they said the same thing about tractors which eliminated over 80% of the jobs in the country. Be my guest, go be a farmer before the tractor. Can the guy putting lugnuts on cars really not find anything better to do with his time??? Like really thats just a lazy excuse to be lazy. Everyones too comfortable.