Donald Drumpf sucks thread but come in and watch Sir Gal and Coke kneel before the dumbass
- Thread starter KnighttimeJoe
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LOL!!!!!! What a hilarious take on economics.
Hate to break this to you, but at the turn of the 20th Century, the oil, rail, steel, and property barons were making sums of money that our richest could only dream about today. The amount of money that Rockefeller had absolutely dwarfs most every mogul's riches today when put into 2016 dollars. And yet, amazingly, these industries still led to a rapid expansion of economic progress, new industries were born, and people began themselves acquiring more wealth as industry and economic activity led to more opportunities.
And the wealth distribution then was arguably WAY more severe than today.
I'm sure if you were alive in 1920, you'd be saying "Oh my God, this new technology called the automobile will narrow the wealth curve and the whole system will break down!"
Right now the US is the undeniable leader of the technology revolution and everything will flow through here (unless vile socialists like Sanders ever are allowed to gouge corporations and run them out of here). The current issue, simply put, is that the technology has changed must faster than the workforce skills have. But this is, and will be, a temporary problem in the larger context of history. And when these skills eventually meet job demands, the US will remain the place where people come to be on the forefront of industry innovation.
Typical conservative argument, stuck in the damn 1920s.
It's 2016. Today's technologies could not have been dreamed of in 1920. Tomorrow's technologies are barely understood by people today. In the next 50 years, the following professions will either not exist or not employee nearly the amount of people they do today:
- Drivers (taxi, truck, etc)
- Auditors
- Legal assistants (and the number of people needing law degrees will decrease dramatically)
- IT Professionals
- Food service
- Bankers
- Receptionists, clerks, etc
- Teachers at just about all levels
I could go on, but I think you need to catch up to 2016 to really absorb what I'm saying here. Not everyone of the people currently in these jobs are going to be able to make the shift over to work on software development and AI. They're certainly not going to be able to afford to obtain the skills they need for these new jobs without a change in status quo (fortunately our best academic institutions realize this and are filling the void with free MOOCs.... Oh by the way, who's going to pay to go to school at UCF when they can get educated at Stanford.... for free).
Catch up guys, it's a very quickly changing world.
What the **** are you smoking? Teachers are not going by the wayside in 50 years and holy shit, you think IT is going to decrease? Who the hell is going to take care of all the autonomous vehicles that took the truck and taxi drivers jobs? Legal? Wat? This is the most insanely idiotic thing that I've ever read. The only one I agree with is drivers, and to a much lesser extent, food service. (it'll go by the wayside in low end restaurants)
Oh and by the way, how can college be free if no one has a job to pay for it?
With every new technology, there are new problems to solve, new jobs to solve these problems.
Oh and by the way, how can college be free if no one has a job to pay for it?
With every new technology, there are new problems to solve, new jobs to solve these problems.
If you think the legal profession isn't going to take a huge hit, you don't have a clear view of what's cominNguyen
Regarding IT, I've worked in the field for 10 years. I started my career doing on-prem support at Lockheed. It took several engineers to handle the standup and maintence of our data center infrastructure.
Today I work for a Silicon Valley company writing infrastructure as code. One person can now standup and maintain a huge data-centers worth of resources that a dozen engineers may have used to support. We literally code infrastructure, there will be no more on prem Datacenters (beyond highly secure csse-by-case needs) in 10 years.
So again, it will do you good to get up to speed on how tech is changing the economy and stop calling peiple idiots like a ****ing ape l.
I'm calling you an idiot because you are. Yes one person can do a lot more than years and years ago but for all those jobs to disappear, the number of institutions needing IT to manage data/code/whatever the **** is going to quadruple or more. Do you think code is going to get more or less complex? Who's going to coordinate all of these new systems to work together without causing issues? Holy shit.
And please, enlighten me as to how legal is going to decrease when we are offloading all jobs to autonomous systems. Legal doesn't know wtf to do with autonomous cars on the horizon, what's going to happen when you have Rosie rolling over to pour coffee into your cup/lap?
I don't give a shit who you are or what you do, you're ****ing retarded. I'm an aerospace engineer working in the field (and guess what! for a big defense contractor at one point! wowee) with rockets and space systems. We can barely get computers to work properly in the office and you're telling me that IT is going away in 50 years?
OOO AHHH AHHHH AHHH. Speaking your language now.
"See you don't even have a valid response durka durka dur".
Go enlighten yourself, it's not difficult.
Thank you, so what you're saying is that you have absolutely no rebuttal to everything that I said about the disappearing jobs, specifically IT? You said I don't have a clear view of legal taking a huge hit, what am I missing?
Being an ape is better than a sheep.
You're missing an understanding of what is considered a fairly easy task for AI. An AI bot can easily review case law from thousands of courts around the country, extract precedent, and prepare briefings in virtually no time.
There will be no need for legal assistants, and the need for lawyers will dramatically decrease. They will basically just review and present what a bot has done for them.
it's not sci-fi, we're really close to that time. Hence the need to adjust your thinking.
There's plenty further reading easily available on the subject if you're so inclined.
Dire predictions about job cuts due to technology have rarely come to fruition. I can see how these changes will reduce the need for paralegals, but I don't see how this would reduce the demand for lawyers. Have you seen how governments/courts operate?
And IT isn't just large server farms. You still have people on laptops and workstations who will experience issues that need service. IT is in extremely high demand now, so much so that H1B visas cannot cover the workforce needed as qualified domestic help is harder and harder to come by.
Sure these will change the workplace, but like most innovations, people will find a way to do more and still require people to do those jobs.
No doubt there will still be jobs to do, but the number of people available to do those jobs will far exceed the number of traditional jobs available. New jobs will be created, but they will not fully replace the losses. Labor will become super cheap with so many wanting to work, which is why there's a need to address how inequality affects the greater economy now.
So I guess we disagree on the scale. From my view the dislocation is going to be at a much greater scale than maybe some other people are thinking.
Regarding how the gov't operates, maybe there will be a strategy of forced inefficiency just so people can have jobs to do. Haha what a miserable life that would be.
Again, another dire prediction that has never come true in this country. Not even in the great depression was the labor market elastic enough to drive down wages across the board. People either had jobs, or they didn't. The only direction minimum wage will move is up.
The difference between now and in the past is the level of productivity in the economy. It will continue to accellerate but the fruits of that productivity will basically go to fewer people in our current structure.
Strongly disagree that the minimum wage will move up at least in free market conditions. What's your thinking on what would drive that?
The minimum wage has never been tied to free market conditions. It's purely political, which is why it's never gone down, and never will.
Fair enough, but coming from my line of thinking that's a good thing for prosperty, especially going forward.
I actually spit out my drink reading this. So you work in the IT field for 10 years and now you're Nostradamus. Tell me your incredible insight in all things business? Explain to me why legal assistants are not going to be needed, or for that matter receptionist and clerks? You remind me of my 17 year old son who thinks he knows everything. Your problem is you should have realized by now that you don't, at least he is still a teenager and has an excuse.
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It depends on how you define "IT" and all the other fields you named, for that matter. IT isn't going anywhere. If anything I see it increasing. The nature of the jobs will change and will become more complex and higher skilled. Also with the "internet of things" we will need legions of people to configure, maintain and repair devices in the field. The service desk and data center may need less people but a lot of other areas will need more people.
I'm more in agreement with you. AI is in its infancy but I see it drastically changing tech and industries in the next 25 years. Especially when it starts writing code at high levels. Companies want cheap labor and millennials and those to follow don't want to interact with humans.
A bunch of IT and engineers talking about the future of American business. Do any of you actually do strategic forecasting? Just because your job is to write code for a certain type of business hardly means that whatever you're writing code for will even make it to the market place, be successful and translate into a viable replacement for anything.
Save your damn condescension old man. I've got my MBA too, got it in my sleep after my real job.
I've got my MBA as well. Apparently, I'm imagining whats occurring in the financial industry. Bank tellers and financial advisors don't worry.
I do love the old man insults, I'm in my mid 40's so forgive me if I consider that old. MBA's are a dime a dozen, answer the question. Have you ever worked in strategic planning, management where you budget for the future or any other function that would require you to take on responsibility for the future of wherever you work. Your view is myopic, your basing your opinions on what you are currently working on and then projecting across multiple industries without knowing a damn thing about them.
No, I haven't but you knew that already.
So I'm trying to read between the lines, are you trying to say that your position (presumably one that involves strategic planning which impacts an entire industry) makes you privy to some information that counters my view on the direction of the economy?
I try to speak in an educated liberal professor tone here just because I know that pisses off the Donald Trump types.
Derka Der don't use your fancy boy talk with me
Yes I did know that because no one with a clue would say the things you say.
As to your other point, once again you are correct.
then talk. in case you haven't noticed, there's a massive amount of people wanting some truth that the system isn't kaput that would love some truth from "strategic planners"
Yeaaaa, not even close. I ask more questions than anyone I know, when I'm interacting with people whose intellect I respect and mighe be able to teach me something.
Holy shit, you are the king at missing a point and making vague, irrelevant points instead.
But hey, at least we know you're now a self certified magic ball read (although I'm sure you don't have a PHD but understand the fundamentals of magic ball reading)
No, you and they want "Central Planners". You're dying to fork over total control to DC to plan and provide for your lives.
I really hope that this has all been one big troll. Id hate to think that EE could actually be that stupid.
Perfect shirt for the Trump supporters....
https://teespring.com/trump-pinwheel-t-shirt#pid=369&cid=6513&sid=front
https://teespring.com/trump-pinwheel-t-shirt#pid=369&cid=6513&sid=front
I got your point, it just didn't apply to the situation today. I see certain technologies coming down the pipe that are going to impact how we work and how income is earned at a large scale. Sorry if that makes conservatives scared, but for the rest of us we want to think about how we can continue to be prosperous in the new economy.
EE never disappoints to bring the lulz. Luckily w this new rivals software AI can bump this in 10 years when we're all out of jobs. He's so enlightening, he puts everyone in a conservative liberal bucket if they disagree w his complete idiot economic predictions of doom.
Solid Trump nazi shirt - everyone I don't like is Hitler!!!
Solid Trump nazi shirt - everyone I don't like is Hitler!!!
Are there not distinct lines of thinking between liberals and conservatives? Conservatives are naturally resistant to change, that's why they're called conservatives.
But change is coming. it doesn't mean that everyone is out of jobs in 10 years. It does mean that in the absence of adaptation a lot of people's quality of life in the U.S. will be diminished. That's the issue serious men need to be addressing. I've made the argument 10 different ways so far, so take it or leave it.
But change is coming. it doesn't mean that everyone is out of jobs in 10 years. It does mean that in the absence of adaptation a lot of people's quality of life in the U.S. will be diminished. That's the issue serious men need to be addressing. I've made the argument 10 different ways so far, so take it or leave it.
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Half the posts on this board blame liberals for the countries ills, but EE is putting people into buckets. Sir G said the economy would collapse if Obama was re-elected, which I'm anxiously waiting for. Keep believing AI, robotics, and other technologies won't be eliminating jobs, they surely haven't already.EE never disappoints to bring the lulz. Luckily w this new rivals software AI can bump this in 10 years when we're all out of jobs. He's so enlightening, he puts everyone in a conservative liberal bucket if they disagree w his complete idiot economic predictions of doom.
Solid Trump nazi shirt - everyone I don't like is Hitler!!!
I can't even follow this discussion anymore.
Congrats, EE. You've taken the batshit crazy crown in this thread from Sir Gal. I only understood 40 percent of his posts, but you are hitting 15 percent.
Trump supporters and Bernie supporters really are the same people, just missing different sections of their brains.
Congrats, EE. You've taken the batshit crazy crown in this thread from Sir Gal. I only understood 40 percent of his posts, but you are hitting 15 percent.
Trump supporters and Bernie supporters really are the same people, just missing different sections of their brains.
