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What if advanced robotics practically eliminates the need for human labor?

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Geolibertarian

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Replaced by automation -- it ain't just for peasants anymore.

http://www.prisonplanet.com/worlds-largest-hedge-fund-to-replace-managers-with-artificial-intelligence.html

World’s largest hedge fund to replace managers with artificial intelligence

London Guardian
December 23, 2016

The world’s largest hedge fund is building a piece of software to automate the day-to-day management of the firm, including hiring, firing and other strategic decision-making.

Bridgewater Associates has a team of software engineers working on the project at the request of billionaire founder Ray Dalio, who wants to ensure the company can run according to his vision even when he’s not there, the Wall Street Journal reported.

“The role of many remaining humans at the firm wouldn’t be to make individual choices but to design the criteria by which the system makes decisions, intervening when something isn’t working,” wrote the Journal, which spoke to five former and current employees.

The firm, which manages $160bn, created the team of programmers specializing in analytics and artificial intelligence, dubbed the Systematized Intelligence Lab, in early 2015. The unit is headed up by David Ferrucci, who previously led IBM’s development of Watson, the supercomputer that beat humans at Jeopardy! in 2011.

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"Abolish all taxation save that upon land values." -- Henry George

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Geolibertarian

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How much larger must the writing on the wall get before people finally stop ignoring the far-reaching implications of this issue?

Is anyone so blinded by hero worship or ideology that they actually believe that parroting feel-good slogans about "liberty" and "Americana" all day -- and/or that bringing back a few hundred thousand factory jobs from China and Mexico -- will come even close to preventing tens of millions of American workers from being rendered permanently obsolete by the following trend?

http://bigthink.com/philip-perry/47-of-jobs-in-the-next-25-years-will-disappear-according-to-oxford-university

47% of Jobs Will Disappear in the next 25 Years, According to Oxford University

by PHILIP PERRY
Big Think
December 27, 2016

The Trump campaign ran on bringing jobs back to American shores, although mechanization has been the biggest reason for manufacturing jobs’ disappearance. Similar losses have led to populist movements in several other countries. But instead of a pro-job growth future, economists across the board predict further losses as AI, robotics, and other technologies continue to be ushered in. What is up for debate is how quickly this is likely to occur.

Now, an expert at the Wharton School of Business at the University of Pennsylvania is ringing the alarm bells. According to Art Bilger, venture capitalist and board member at the business school, all the developed nations on earth will see job loss rates of up to 47% within the next 25 years, according to a recent Oxford study. “No government is prepared,” The Economist reports. These include blue and white collar jobs. So far, the loss has been restricted to the blue collar variety, particularly in manufacturing.

To combat “structural unemployment” and the terrible blow it is bound to deal the American people, Bilger has formed a nonprofit called Working Nation, whose mission it is to warn the public and to help make plans to safeguard them from this worrisome trend. Not only is the entire concept of employment about to change in a dramatic fashion, the trend is irreversible. The venture capitalist called on corporations, academia, government, and nonprofits to cooperate in modernizing our workforce.

To be clear, mechanization has always cost us jobs. The mechanical loom for instance put weavers out of business. But it’s also created jobs. Mechanics had to keep the machines going, machinists had to make parts for them, and workers had to attend to them, and so on. A lot of times those in one profession could pivot to another. At the beginning of the 20th century for instance, automobiles were putting blacksmiths out of business. Who needed horseshoes anymore? But they soon became mechanics. And who was better suited?

Not so with this new trend. Unemployment today is significant in most developed nations and it’s only going to get worse. By 2034, just a few decades, mid-level jobs will be by and large obsolete. So far the benefits have only gone to the ultra-wealthy, the top 1%. This coming technological revolution is set to wipe out what looks to be the entire middle class. Not only will computers be able to perform tasks more cheaply than people, they’ll be more efficient too.

Accountants, doctors, lawyers, teachers, bureaucrats, and financial analysts beware: your jobs are not safe. According to The Economist, computers will be able to analyze and compare reams of data to make financial decisions or medical ones. There will be less of a chance of fraud or misdiagnosis, and the process will be more efficient. Not only are these folks in trouble, such a trend is likely to freeze salaries for those who remain employed, while income gaps only increase in size. You can imagine what this will do to politics and social stability.

Mechanization and computerization cannot cease. You can’t put the genie back in the bottle.

[Continued...]
"Abolish all taxation save that upon land values." -- Henry George

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If Robots and AI Steal Our Jobs, a Universal Basic Income Could Help
« Reply #102 on: May 13, 2017, 07:29:08 pm »
 

Geolibertarian

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https://singularityhub.com/2016/12/13/if-robots-steal-our-jobs-a-universal-basic-income-could-help/

If Robots and AI Steal Our Jobs, a Universal Basic Income Could Help

By Peter Diamandis
SingularityHub
Dec 13, 2016

Some fear that robots and AI will steal our jobs.

They probably will (in the near-term, at least half of them).

If that happens, what will we do for a living? How will we earn money?

In this post I’ll be discussing one of the most important proposed solutions to job loss due to automation—the notion of “universal basic income” (sometimes called guaranteed minimum income).

Specifically, I want to discuss:

     1. Predictions on job loss
     2. What is universal basic income? Who is experimenting with it?
     3. Does UBI work? What are the implications?

Let’s dive in.

[Continued...]
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Amazon planning to open robotic supermarket staffed by just TWO humans
« Reply #103 on: May 13, 2017, 07:32:41 pm »
 

Geolibertarian

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http://www.prisonplanet.com/amazon-planning-to-open-robotic-supermarket-staffed-by-just-two-humans-sources-claim.html

Amazon planning to open robotic supermarket staffed by just TWO humans, sources claim

The Sun
February 6, 2017

If you’re a robot stealing somebody’s job, it’s best to stay hidden.

That’s what Amazon CEO Jeff Bezos appears to be thinking, as his Seattle-based web giant has contemplated a two-story, automated grocery store in which a staff of robots on the floor upstairs grabs and bags items for shoppers below.

The ground level of the futuristic prototype — a supermarket-sized version of its recently unveiled “Amazon Go” convenience store, with a bigger layout that could span anywhere between 10,000 and 40,000 square feet — would be devoted to goods that shoppers typically like to touch, sources briefed on the plans told The New Post.

Those could include as many as 4,000 items, spanning fresh fruits and vegetables, eggs, meats and cheeses, and grab-it-and-go stuff like beer and wine, the sources said. Pharmacies might also might spring up at some of the high-tech locations, as Amazon looks to break into the lucrative sector, insiders said.

But for many, the most striking feature of the bigger stores is that they could operate with as few as three employees at a time. Sources said the plans call for staff to max out at 10 workers per location during any given shift.

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Geolibertarian

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http://www.prisonplanet.com/here-come-the-robots-and-they-are-going-to-take-almost-all-of-our-jobs.html

Here Come The Robots – And They Are Going To Take Almost All Of Our Jobs

Michael Snyder
Economic Collapse
February 7, 2017

What is going to happen to society when robots are able to do just about everything better, faster and cheaper than human workers can?

We live at a time when technology is increasing at an exponential pace.  Incredible advancements in robotics, computer science and artificial intelligence are certainly making our lives more comfortable, but they are also bringing fundamental changes to the workplace.  For employers, there are a lot of advantages to replacing human workers with robots.  Robots don’t surf around on Facebook when they are supposed to be working. Robots don’t need Obamacare, lunch breaks or vacation days. Robots never steal from the company and they never complain.  Up until fairly recently, human workers could generally perform many tasks more cheaply than robots could, but now that is rapidly changing.

For example, a coffee shop has just opened up in San Francisco that is manned by a robot instead of a human…
    Tired of your barista misspelling your name on your morning cup of joe? Perhaps a robot could do better. On Monday, Cafe X opened its very first robotic cafe in San Francisco’s Metreon shopping center. Promising “precision crafted specialty coffee in seconds, the way the roaster intended,” Cafe X thinks that anything a human can do, its machines can do better.

    Specifically, one very special machine. Nicknamed Gordon, after a Cafe X employee, this robot mans, or robots, two standard professional coffee machines in order to serve up espressos and lattes. In the San Francisco location, customers can grab a cup of coffee with beans from AKA Coffee, Verve Coffee Roasters, or Peet’s. While the coffee itself may not make Cafe X stand out from the competition, the startup hopes that the robot’s efficiency will.
If that coffee shop demonstrates that it can be much more profitable than a coffee shop with human employees, it is just a matter of time before human baristas start to be phased out all over the nation.

A similar thing is happening in many supermarkets.  Personally, I hate the “self-checkout lines”, but you are starting to see them everywhere these days.

And according to the Sun, Amazon is playing around with a concept that would employ hardly any human workers at all…
    In the case of Amazon’s automated retail prototype, a half-dozen workers could staff an average location. A manager’s duties would include signing up customers for the “Amazon Fresh” grocery service. Another worker would restock shelves, and still another two would be stationed at “drive-thru” windows for customers picking up their groceries, fast-food style.

    The last pair would work upstairs, helping the robots bag groceries to be sent down to customers on “dumbwaiter”-like conveyors, a source said.

    With the bare-bones payroll, the boost to profits could be huge. Indeed, the prototype being discussed calls for operating profit margins north of 20 percent. That compares with an industry average of just 1.7 percent, according to the Food Marketing Institute.
During the recent presidential campaign, much was made of the fact that we have shipped millions of good paying jobs overseas over the past several decades.

We can certainly try to make some laws that would keep American workers from losing jobs to foreign workers, but pretty soon workers all over the world are going to be losing millions of jobs to technology, and it is going to be just about impossible to make laws to prevent that from happening.

Just check out what is happening in China.  Many big firms had moved manufacturing to China because labor was much cheaper over there, but now a lot of those cheap Chinese workers are being replaced by robots

[Continued...]

--------------------------------------

As the writing on the wall gets bigger and bigger, millions of human ostriches bury their heads in the sand deeper and deeper.

     

And that's where their heads will remain until it stops being someone else and starts being oh-so-precious them. Then they'll actually have the nerve to whine and complain.
"Abolish all taxation save that upon land values." -- Henry George

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http://schalkenbach.org
 

 

Geolibertarian

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http://www.abc.net.au/news/2017-01-06/japanese-insurance-company-replacing-staff-with-ai/8165418

Artificial intelligence to replace human staff at Japanese insurance company

They never take days off and never strike — artificial intelligence is set to replace more than 30 human workers at a Japanese insurance firm.

ABC News
January 05, 2017

The system will be based on IBM's Watson Explorer technology, and will help calculate payouts to Fukoku Mutual Life Insurance policyholders from January 29, the company said in a statement.

IBM describes Watson as "cognitive technology that can think like a human".

The AI will scan hospital records and medical certificates, and then extract data on injuries, patient medical histories and administered procedures to determine insurance payouts.

Fukoku Life said it hoped the AI would increase productivity by 30 per cent, although final payments will still be processed by human staff.

The 34 employees replaced by the AI will lose their jobs by the end of March, most of them on five-year contracts that will not be renewed or replaced.

The company will spend 200 million yen ($2.36 million) to install the system, and spend about 15 million yen ($177,000) in yearly maintenance fees.

But it will save about 140 million yen a year ($1.65 million) on employee salaries after the system is implemented, which means the investment will pay off in less than two years.

Other Japanese companies are already using similar technology —

[Continued...]

-----------------------------------------

"Abolish all taxation save that upon land values." -- Henry George

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Robots Will Take Fast-Food Jobs, But Not Because of Minimum Wage Hikes
« Reply #106 on: May 13, 2017, 07:43:34 pm »
 

Geolibertarian

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This is what the Austrian School propaganda machine wants desperately for everyone to remain blissfully ignorant about:

https://www.inverse.com/article/5376-robots-will-take-fast-food-jobs-but-not-because-of-minimum-wage-hikes

Robots Will Take Fast-Food Jobs, But Not Because of Minimum Wage Hikes

A $15 an hour fry cook won't change the inevitable.

Peter Rugg
Inverse
August 17, 2015

Since New York raised its minimum wage for fast food workers in July, there’s been a lot of talk about how the Fight for 15 would hurt low-income workers by destroying jobs and ruining lives. But in 2015 there’s a new angle to this that’s different than every other wage hike in American history that could be even more ruinous for fast-food workers: The possibility that restaurants can entirely replace them with a robot staff.

The Washington Post reports that as legislators give more consideration to nationwide raises, wage hikes have given the restaurant industry new incentive to upgrade its 2.4 million servers, 3 million cooks, and 3.3 million cashiers. That would be easier at cheap restaurants than mid-scale to fine dining. People are willing to pay out three bills a plate for something Gordon Ramsay prepared because he’s Gordon Ramsay, but where are the bragging rights for sampling the latest concoction from ChopBot360? And A.I. just isn’t advanced enough yet to coral the slavering hoards at the Cheesecake Factory on Christmas Eve.

But places like McDonald’s, attractive more for convenience and affordability than ambience or culinary pedigree, are more vulnerable. Salon reports San Francisco start-up Momentum Machines Inc., designer of an automated burger chef, plans to raise its profits at the expense of the fry cooks, and is at least being honest about it. “Our device isn’t meant to make employees more efficient,” company co-founder Alexandros Vardakostas told reporters. Salon further reported that Vardakostas’ company estimated that the average fast food restaurant spent about $135,000 annually on labor for burger production, an amount it could more than save just a year after conscripting robots for the same purpose.

Then there’s Japan’s Kura sushi chain, which has already moved to automation in its 262 restaurants and filleted its expenses in the process. Panera Bread announced in April that it was investigating automated service, with self-ordering kiosks and mobile ordering at all its locations in the next few years.

The eagerness to upgrade their tech even before the wage increases exposes a false choice when people argue that wage hikes are forcing fast food chains to replace workers. Because even at $7.50 an hour, if Momentum Machines’ numbers are correct, chains still save money on robots. Making the savings more attractive might speed up the process, but it doesn’t change the trajectory.

[Continued...]
"Abolish all taxation save that upon land values." -- Henry George

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http://schalkenbach.org
 

 

Geolibertarian

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In September 2014, at the TEDxOrangeCoast conference, Kevin Surace explained why, due to the increasingly rapid decline in the cost of AI robotics, "all" jobs will disappear within the next 50 years:

       https://www.youtube.com/watch?v=9Jxlx9SZEAk



Contrary to what many want so desperately to believe, abolishing the minimum wage will not stop this from happening; nor will "ending the Fed"; nor will "buying human"; nor will raising tariffs on foreign imports; nor will repealing the 16th Amendment; nor will deporting all illegal immigrants; nor will building a "wall" along the U.S.-Mexico border; nor will parroting feel-good slogans about "liberty," "family," "private property," "rugged individualism" and "Americana" all day long.

There's no avoiding the inevitable. Less than 50 years from now, practically all jobs will be a thing of the past because it will be far cheaper to produce wealth with robots than with human workers.

What won't be a thing of the past, however, is landlordism, because land isn't "produced" by anyone; it's a free gift of nature. The land on which all human beings must live yet which none created or produced will still be "owned" by a mere subset of the population.

The question thus arises: as an increasing percentage of wage-earners are silently rendered permanently obsolete year after year, what are these unemployed people supposed to do to acquire the money they need to pay their monthly existence fee -- i.e. "rent"?

Beg and grovel for "charity" the rest of their lives in a world overflowing with abundance, all while listening to self-righteous reactionaries arrogantly and mindlessly blame them for being poor and unemployed??

Many of these blame-the-victim-firsters are, of course, retirees. Where do they think their retirement checks are going to come from if there's not nearly enough wage tax revenue coming in to finance those checks? Or are they so blinded by right-wing ideology and self-obsession that they can't even bring themselves to bother with such an obvious question until the socioeconomic reality about which they're in willful denial finally starts bitch-slapping them in the face?
"Abolish all taxation save that upon land values." -- Henry George

http://monetary.org
http://schalkenbach.org
 

 

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Experts warn robots are growing in consciousness and should be classified as an 'invasive species'

BY ANDREW CHEETHAM ON 29 JULY 2017 GMT
https://www.davidicke.com/article/421386/experts-warn-robots-growing-consciousness-classified-invasive-species



‘Should humanity become extinct in the immediate future, it won’t be by our own hands or through the wrath of nature. A number of experts has claimed that our demise shall be brought on by super-strong robots. What was once created to make our lives easier could very well “threaten our existence” in the span of a few years.

This grim warning comes from the experts featured in the two-episode documentary series “Hyper Evolution: Rise of the Robots”. Presented by teaching fellow at Anglia Ruskin University and evolutionary biologist Dr. Ben Garrod and University of Manchester electronics engineer Danielle George, the documentary aims to the answer the question whether or not automation could one day become our greatest enemy. Though according to Garrod himself, that could very well be the case.

“What concerns me is that the impact of robots will be so monumental, they could threaten humanity,” Garrod told DailyMail.co.uk. “We’ve evolved over hundreds of thousands, if not millions, of years. These things are just bulldozing their way through. At what point have we got to stop? They’re like an invasive species.”’



Read more: Experts warn robots are growing in consciousness and should be classified as an ‘invasive species’
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Inspirational' robots to begin replacing teachers within 10 years

BY ANDREW CHEETHAM ON 11 SEPTEMBER 2017 GMT
https://www.davidicke.com/article/426637/inspirational-robots-begin-replacing-teachers-within-10-years


‘Robots will begin replacing teachers in the classroom within the next ten years as part of a revolution in one-to-one learning, a leading educationalist has predicted.

Sir Anthony Seldon, Vice-Chancellor of the University of Buckingham, said intelligent machines that adapt to suit the learning styles of individual children will soon render traditional academic teaching all but redundant.

The former Master of Wellington College said programmes currently being developed in Silicon Valley will learn to read the brains and facial expressions of pupils, adapting the method of communication to what works best for them.

The new era of automated teaching promises an end to grouping children by year, as the personalised nature of the robots will enable pupils to learn new material at their own pace, rather than as part of a class.’











Read more: Inspirational’ robots to begin replacing teachers within 10 years



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Phoenix Rising

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Big deal.

DR Maria Montessori
https://en.wikipedia.org/wiki/Maria_Montessori

Dr Montessori invented a child-centered method of  education way back in 1907 in Italy.
Started out as a method for "special needs children" then adapted to educate ALL children.
Over the years it spread throughout private schools  in Europe, the USA and  India.
Each child was allowed to learn at his or her own pace,
and surprisingly to educators of the time,
far surpassed those children in traditional classroom settings.

We do not need to use machines to programme children in order to educate them.
I've always found human interaction experienced in a benevolent atmosphere more effective.

Remember how everyone was thrilled when SESAME STREET became the rage?
While it had its uses for kids stuck at home,
it has certainly led to a human-machine interface that has become detrimental to society;
it has programmed today's children to become dehumanized consumers of high tech censored educational tools.

When a kid cannot tell me the answer to 10 times 12 or 100 minus 7,
without using a calculator,
I know the system is failing them .
When I see Mark Dice interviewing USA citizens on the meaning of the 4th of july,
and a young adult answers, "Ask my friend; she was always better at history ",
I know the system HAS failed them.
These kids do not need more machines;
these  kids need to learn how to think.

Go ask to visit a Montessori school in your suburban area.
it's private education; it costs money.
But the kids are treated as individuals in small classrooms
with high teacher to student ratios.
No regimentation.
Kindness, respect and individual attention.

I know; volunteered in one in New Jersey for a semester while at Uni.
Studied the methods, read all about it in several books on the methods ,
interviewed teachers, children and parents,
wrote a paper, earned university credits.

You may not have the time to home-school your kids.
This is a decent alternative, IMHO.

"......we don't need no thought control. No dark sarcasm in the classrooms;  (AI), leave them kids alone !"
Or something like that.
Forgive me Pink Floyd.

A very angry Phoenix



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Phoenix Rising

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Poll
If AI-driven robotics advances to the point of eliminating, or at least greatly reducing, the need for human labor, what should the countless millions of landless, unemployed workers do to survive?

Let the "market" decide whether their lives are worth preserving, and hence whether they even deserve to survive.
Get on food stamps and spend the rest of their lives listening to privileged reactionaries blame them for being poor.
Spend the rest of their lives begging and groveling for "charity."
DIE! After all, if they're landless and permanently unemployed, then they obviously can't afford to pay "rent," and are hence perpetual trespassers!
Receive a guaranteed income financed by our national credit and/or the economic rent of land (see this).

View results
Lock Voting
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What if advanced robotics practically eliminates the need for human labor?

??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???

Not one of these forced choice "answers" is acceptable.



It is time to take a break from allowing the progression of AI to continue.

I believe that the above question is wrongly phrased.

I think "What will we do when robotics eliminates the need for human control ?" is a more accurate one.



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Phoenix Rising

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What?

No comments ?

No responses ?

No emoticons ?

I certainly don't assume that everyone agrees with me ?

My posts too long to read ?
Then interact with me, for the sake of our children and grandchildren !



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2Revolutions

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The development of AI is very concerning to me.  Our technocratic oligarchs have no morals so any AI programs they develop will not have humanity best interest at heart.    They will mostly sell their AI to the public as a pre-crime detection software from people online posts, financial information and other data they collect.   If the oligarchs can replace humans with machines they implement some type of mass eugenics extinction program.



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Phoenix Rising

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Thank you, 2 Revolutions !

I welcome your response.

Most times I think that I am talking to myself !

Thanks again for your opinion.

;)



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