Economic Solution? Paying people a fixed amount regardless if they work jobs?

[Dont Taz Me Bro]

Agreed. If you'd stop giving us so much fodder we'd stop laughing at you.

Go ahead and laugh. It is hilarious when stupid people like yourself consider themselves intelligent.

I am intelligent. I'm Asian. We're all born with an iPad in hand and an advanced understanding of the Fujita conjecture.

 

[deltex1]

I keep thinking....will there eventually come a day when technology allows automation of all things, allowing prople just to watch and benefit? If this happens, how will the pie be shared? Will it happen? I'll be dead, thank God.

That will probably never happen. Resource shortages and greed will make such a reality impossible for the vast majority of human life. An agrarian future is much more likely.

That certainly has been the trend for the last 200 years.........huh?

 

[fncceo]

https://www.yahoo.com/finance/news/facebook-co-founders-10-million-213753710.html

What do you see wrong or right with this proposed solution?

(I'd rather see microlending that
* rewards students for finishing education and serving in public health and other social services as part of internships.
* creates jobs in business, education, medical services, govt reform etc
that generate enough savings or revenue to pay back the investment
and pay it forward so the economic development grows and sustains itself
If money is going to be invested on a regular basis,
why not invest in buying out land for scho ol districts and college campuses
where the residents, teachers and students can receive training and mentorship
on running their own programs so they become financially independent and self-governing.)

Having no conditions at all, or trying to agre e on conditions, may not work the same for all sectors of the population.

What if grant money for this were ALLOCATED per state and per party to invest under
rules by they agree to subsize student, business or worker grants.

I see nothing wrong with issuing grant money to groups STUDYING
which programs work best, so that the most effective solutions
get funding renewed and the failed programs have to be paid back like failed business loans.

If the responsibility is on the people issuing the terms and conditions for receiving grant money,
then they would have a vested interest in making sure the program pays off,
either by cutting costs so it saves money, or by paying back the money and/or generating more
revenue by how it's invested.

=============================
Facebook co-founder's new $10 million initiative to test if cash handouts will help fix America
Catherine Clifford Fri, Dec 9 1:37 PM PST

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Facebook Co-Founder Chris Hughes, Harvard Law School and Berkman Klein Center for Internet and Society Professor Yochai Benkler, Black Lives Matter co-founder Alicia Garza and Alaska State Senator Bill Wielechowski may not agree on everything, but they agree on this: Cash handouts have the potential to help Americans and the American economy.

Given the challenges posed by automation and globalization, which are replacing workers and leading to stagnating wages, direct payments to workers may, in fact, be the only solution.

More than 100 organizers, activists, researchers and technologists, including Y Combinator President Sam Altman and former President of the Sierra Club Adam Werbach, have come together to support research being done by a new group into the viability of universal basic income in the U.S.

The group, announced this week and called The Economic Security Project, has raised $10 million to fund two years of exploration and experimentation of the idea of a universal basic income, which is a cash payment made to individuals by the government. With universal basic income , residents get regular, reliable payments regardless of whether they have a job.

"Our faith in the good nature of our fellow citizens has never felt more brittle, and many people on the left and the right are thinking about how to create a more inclusive, empathetic America.

"This collective anxiety has many sources, but one of the most important is a diminishing faith in the American ideal of equal opportunity for all," writes Hughes, one of three co-chairs of the group, in a post for Medium.

The group posits that universal basic income payments are a solution to the dire, and growing, problem of inequality. "We know from research in the US and internationally that recurring, unconditional cash stipends are a shockingly effective way to encourage work, improve health and education outcomes, and create a ladder of economic opportunity," says Hughes.

The U.S. is not alone in considering a universal basic income. Finland, the Netherlands, Switzerland, the United Kingdom, Canada and Holland are all in some stage of discussions, according to The Economic Security Project.

Already, Alaska has a version of a universal basic income. All state residents receive yearly cash dividends of $2,072 from state oil revenues, the group says.

"It's time for a game-changing solution to address the economic anxiety and concerns faced by too many Americans," says Roosevelt Institute Fellow Dorian Warren, one of the co-chairs of the group, in a written statement announcing the launch of the group. "We believe we can end the downward spiral for working families in America by providing a guaranteed basic income for every man, woman, and child – but the precise approach for implementing a cash benefit system needs additional research."

Some of the biggest names in tech have also been promoting the idea of a universal basic income. In response to Amazon's announcement of a grocery store with no check-out registers, reddit co-founder Alexis Ohanian tweeted out, "We needed to start talking about Universal Basic Income a few years ago…"

Elon Musk, the legendary futurist and founder of SpaceX and Tesla, said recently that he considers universal basic income a nearly foregone conclusion. "There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC . "Yeah, I am not sure what else one would do. I think that is what would happen."

"America ought to be a place where if you work hard, you can get ahead – that's the promise of the American Dream and the lesson we've been taught for generations. But far too many Americans are struggling to survive, instead of thriving and pursuing passions that could create a better world for all of us," says Natalie Foster, future of work expert and the third co-chair of the new group.

"Basic income could be the bold solution we need to remake the economy so it works again, for all of us."

Universal Basic Income has been tried before ...

It didn't work out so well ...

 

[miketx]

https://www.yahoo.com/finance/news/facebook-co-founders-10-million-213753710.html

What do you see wrong or right with this proposed solution?

(I'd rather see microlending that
* rewards students for finishing education and serving in public health and other social services as part of internships.
* creates jobs in business, education, medical services, govt reform etc
that generate enough savings or revenue to pay back the investment
and pay it forward so the economic development grows and sustains itself
If money is going to be invested on a regular basis,
why not invest in buying out land for scho ol districts and college campuses
where the residents, teachers and students can receive training and mentorship
on running their own programs so they become financially independent and self-governing.)

Having no conditions at all, or trying to agre e on conditions, may not work the same for all sectors of the population.

What if grant money for this were ALLOCATED per state and per party to invest under
rules by they agree to subsize student, business or worker grants.

I see nothing wrong with issuing grant money to groups STUDYING
which programs work best, so that the most effective solutions
get funding renewed and the failed programs have to be paid back like failed business loans.

If the responsibility is on the people issuing the terms and conditions for receiving grant money,
then they would have a vested interest in making sure the program pays off,
either by cutting costs so it saves money, or by paying back the money and/or generating more
revenue by how it's invested.

=============================
Facebook co-founder's new $10 million initiative to test if cash handouts will help fix America
Catherine Clifford Fri, Dec 9 1:37 PM PST

• Comments
  
• Reblog on Tumblr
  
• Share
  
• Tweet
  
• Email

Facebook Co-Founder Chris Hughes, Harvard Law School and Berkman Klein Center for Internet and Society Professor Yochai Benkler, Black Lives Matter co-founder Alicia Garza and Alaska State Senator Bill Wielechowski may not agree on everything, but they agree on this: Cash handouts have the potential to help Americans and the American economy.

Given the challenges posed by automation and globalization, which are replacing workers and leading to stagnating wages, direct payments to workers may, in fact, be the only solution.

More than 100 organizers, activists, researchers and technologists, including Y Combinator President Sam Altman and former President of the Sierra Club Adam Werbach, have come together to support research being done by a new group into the viability of universal basic income in the U.S.

The group, announced this week and called The Economic Security Project, has raised $10 million to fund two years of exploration and experimentation of the idea of a universal basic income, which is a cash payment made to individuals by the government. With universal basic income , residents get regular, reliable payments regardless of whether they have a job.

"Our faith in the good nature of our fellow citizens has never felt more brittle, and many people on the left and the right are thinking about how to create a more inclusive, empathetic America.

"This collective anxiety has many sources, but one of the most important is a diminishing faith in the American ideal of equal opportunity for all," writes Hughes, one of three co-chairs of the group, in a post for Medium.

The group posits that universal basic income payments are a solution to the dire, and growing, problem of inequality. "We know from research in the US and internationally that recurring, unconditional cash stipends are a shockingly effective way to encourage work, improve health and education outcomes, and create a ladder of economic opportunity," says Hughes.

The U.S. is not alone in considering a universal basic income. Finland, the Netherlands, Switzerland, the United Kingdom, Canada and Holland are all in some stage of discussions, according to The Economic Security Project.

Already, Alaska has a version of a universal basic income. All state residents receive yearly cash dividends of $2,072 from state oil revenues, the group says.

"It's time for a game-changing solution to address the economic anxiety and concerns faced by too many Americans," says Roosevelt Institute Fellow Dorian Warren, one of the co-chairs of the group, in a written statement announcing the launch of the group. "We believe we can end the downward spiral for working families in America by providing a guaranteed basic income for every man, woman, and child – but the precise approach for implementing a cash benefit system needs additional research."

Some of the biggest names in tech have also been promoting the idea of a universal basic income. In response to Amazon's announcement of a grocery store with no check-out registers, reddit co-founder Alexis Ohanian tweeted out, "We needed to start talking about Universal Basic Income a few years ago…"

Elon Musk, the legendary futurist and founder of SpaceX and Tesla, said recently that he considers universal basic income a nearly foregone conclusion. "There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC . "Yeah, I am not sure what else one would do. I think that is what would happen."

"America ought to be a place where if you work hard, you can get ahead – that's the promise of the American Dream and the lesson we've been taught for generations. But far too many Americans are struggling to survive, instead of thriving and pursuing passions that could create a better world for all of us," says Natalie Foster, future of work expert and the third co-chair of the new group.

"Basic income could be the bold solution we need to remake the economy so it works again, for all of us."

Socialism at it's stupidest.

 

[Mac1958]

This is an issue that has to be honestly and aggressively addressed soon, and no political "leaders" have the balls to take it on.
.

 

[Mac1958]

https://www.yahoo.com/finance/news/facebook-co-founders-10-million-213753710.html

What do you see wrong or right with this proposed solution?

(I'd rather see microlending that
* rewards students for finishing education and serving in public health and other social services as part of internships.
* creates jobs in business, education, medical services, govt reform etc
that generate enough savings or revenue to pay back the investment
and pay it forward so the economic development grows and sustains itself
If money is going to be invested on a regular basis,
why not invest in buying out land for scho ol districts and college campuses
where the residents, teachers and students can receive training and mentorship
on running their own programs so they become financially independent and self-governing.)

Having no conditions at all, or trying to agre e on conditions, may not work the same for all sectors of the population.

What if grant money for this were ALLOCATED per state and per party to invest under
rules by they agree to subsize student, business or worker grants.

I see nothing wrong with issuing grant money to groups STUDYING
which programs work best, so that the most effective solutions
get funding renewed and the failed programs have to be paid back like failed business loans.

If the responsibility is on the people issuing the terms and conditions for receiving grant money,
then they would have a vested interest in making sure the program pays off,
either by cutting costs so it saves money, or by paying back the money and/or generating more
revenue by how it's invested.

=============================
Facebook co-founder's new $10 million initiative to test if cash handouts will help fix America
Catherine Clifford Fri, Dec 9 1:37 PM PST

• Comments
  
• Reblog on Tumblr
  
• Share
  
• Tweet
  
• Email

Facebook Co-Founder Chris Hughes, Harvard Law School and Berkman Klein Center for Internet and Society Professor Yochai Benkler, Black Lives Matter co-founder Alicia Garza and Alaska State Senator Bill Wielechowski may not agree on everything, but they agree on this: Cash handouts have the potential to help Americans and the American economy.

Given the challenges posed by automation and globalization, which are replacing workers and leading to stagnating wages, direct payments to workers may, in fact, be the only solution.

More than 100 organizers, activists, researchers and technologists, including Y Combinator President Sam Altman and former President of the Sierra Club Adam Werbach, have come together to support research being done by a new group into the viability of universal basic income in the U.S.

The group, announced this week and called The Economic Security Project, has raised $10 million to fund two years of exploration and experimentation of the idea of a universal basic income, which is a cash payment made to individuals by the government. With universal basic income , residents get regular, reliable payments regardless of whether they have a job.

"Our faith in the good nature of our fellow citizens has never felt more brittle, and many people on the left and the right are thinking about how to create a more inclusive, empathetic America.

"This collective anxiety has many sources, but one of the most important is a diminishing faith in the American ideal of equal opportunity for all," writes Hughes, one of three co-chairs of the group, in a post for Medium.

The group posits that universal basic income payments are a solution to the dire, and growing, problem of inequality. "We know from research in the US and internationally that recurring, unconditional cash stipends are a shockingly effective way to encourage work, improve health and education outcomes, and create a ladder of economic opportunity," says Hughes.

The U.S. is not alone in considering a universal basic income. Finland, the Netherlands, Switzerland, the United Kingdom, Canada and Holland are all in some stage of discussions, according to The Economic Security Project.

Already, Alaska has a version of a universal basic income. All state residents receive yearly cash dividends of $2,072 from state oil revenues, the group says.

"It's time for a game-changing solution to address the economic anxiety and concerns faced by too many Americans," says Roosevelt Institute Fellow Dorian Warren, one of the co-chairs of the group, in a written statement announcing the launch of the group. "We believe we can end the downward spiral for working families in America by providing a guaranteed basic income for every man, woman, and child – but the precise approach for implementing a cash benefit system needs additional research."

Some of the biggest names in tech have also been promoting the idea of a universal basic income. In response to Amazon's announcement of a grocery store with no check-out registers, reddit co-founder Alexis Ohanian tweeted out, "We needed to start talking about Universal Basic Income a few years ago…"

Elon Musk, the legendary futurist and founder of SpaceX and Tesla, said recently that he considers universal basic income a nearly foregone conclusion. "There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC . "Yeah, I am not sure what else one would do. I think that is what would happen."

"America ought to be a place where if you work hard, you can get ahead – that's the promise of the American Dream and the lesson we've been taught for generations. But far too many Americans are struggling to survive, instead of thriving and pursuing passions that could create a better world for all of us," says Natalie Foster, future of work expert and the third co-chair of the new group.

"Basic income could be the bold solution we need to remake the economy so it works again, for all of us."

Universal Basic Income has been tried before ...

It didn't work out so well ...

I understand the point, but the country is quickly changing. Technology and productivity have advanced to the point that there is a large swath of the population that simply lacks the skills needed to participate in the for-profit workspace. There is simply no demand for them, and that will not change. And it's only going to get more pronounced.

In other words, we're in an entirely different world than what is depicted in that photo.
.

 

[miketx]

This is how countries go right down the tubes. No one will want to be the best and brightest because it doesn't pay.

 

[deltex1]

This is how countries go right down the tubes. No one will want to be the best and brightest because it doesn't pay.

Can we reach the point where the best and brightest ARE the computers/robots?

 

[miketx]

This is how countries go right down the tubes. No one will want to be the best and brightest because it doesn't pay.

Can we reach the point where the best and brightest ARE the computers/robots?

No.

 

[beagle9]

This is an issue that has to be honestly and aggressively addressed soon, and no political "leaders" have the balls to take it on.
.

. How about bringing back responsible birth rates by instilling morals and ethics back into our society ?????? No the leftist want animal lust to rule the day, and they want the government to subsidize their out of control birth rates by incentivizing such things with our tax dollars. We are not an ignorant people, so why have we become so dam ignorant about these things ?? It's all in the ways that we carry ourselves in society whether or not we win or lose as a society. Under leftist ideology, the leadership of liberals, Hollywood idiocy, and political correctness run amuck, we have lost our way. It is why these ridiculous ideas are evolving by a leftist thinking out loud in result of failure, and it is obvious.

 

[beagle9]

This is how countries go right down the tubes. No one will want to be the best and brightest because it doesn't pay.

Can we reach the point where the best and brightest ARE the computers/robots?

. Man has to program or build these things, so man will always be involved. Now what kind of programs will exist will all depend on how evil man becomes.

 

[NYcarbineer]

Chalk that up as the most ignorant statement of the day

Is it?

Yes, it is. You have zero clue what it takes to run a company. I would bet from your comments you are one of those lackeys who do just the bare minimum at your job to not get canned, but then you're the first one to bitch when you get passed up for the promotion or receive a mediocre raise.

Exactly, these kids these days have no drive they think the world owes them something..


I started off at MW back in 1983, i did what ever it took I would work 70~80 hrs a week plus go to night school, by the time I was around 23 I had a company car, an expense account and flying 80% of the time..

You pay the dues, you bust your ass and you get so many fringe benefits..like a boss saying go fuck off, you guys busted your ass last night working 16 hours fixing the problem.


Most of these kids I doubt will ever get it


.

This is an issue that has to be honestly and aggressively addressed soon, and no political "leaders" have the balls to take it on.
.

. How about bringing back responsible birth rates by instilling morals and ethics back into our society ?????? No the leftist want animal lust to rule the day, and they want the government to subsidize their out of control birth rates by incentivizing such things with our tax dollars. We are not an ignorant people, so why have we become so dam ignorant about these things ?? It's all in the ways that we carry ourselves in society whether or not we win or lose as a society. Under leftist ideology, the leadership of liberals, Hollywood idiocy, and political correctness run amuck, we have lost our way. It is why these ridiculous ideas are evolving by a leftist thinking out loud in result of failure, and it is obvious.

The average family is much smaller now than it was 100 years ago.

 

[JimBowie1958]

More than 100 organizers, activists, researchers and technologists, including Y Combinator President Sam Altman and former President of the Sierra Club Adam Werbach, have come together to support research being done by a new group into the viability of universal basic income in the U.S.

The group, announced this week and called The Economic Security Project, has raised $10 million to fund two years of exploration and experimentation of the idea of a universal basic income, which is a cash payment made to individuals by the government. With universal basic income , residents get regular, reliable payments regardless of whether they have a job......

The group posits that universal basic income payments are a solution to the dire, and growing, problem of inequality. "We know from research in the US and internationally that recurring, unconditional cash stipends are a shockingly effective way to encourage work, improve health and education outcomes, and create a ladder of economic opportunity," says Hughes.

The U.S. is not alone in considering a universal basic income. Finland, the Netherlands, Switzerland, the United Kingdom, Canada and Holland are all in some stage of discussions, according to The Economic Security Project.....

Some of the biggest names in tech have also been promoting the idea of a universal basic income. In response to Amazon's announcement of a grocery store with no check-out registers, reddit co-founder Alexis Ohanian tweeted out, "We needed to start talking about Universal Basic Income a few years ago…"

Elon Musk, the legendary futurist and founder of SpaceX and Tesla, said recently that he considers universal basic income a nearly foregone conclusion. "There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk told CNBC . "Yeah, I am not sure what else one would do. I think that is what would happen."

"America ought to be a place where if you work hard, you can get ahead – that's the promise of the American Dream and the lesson we've been taught for generations. But far too many Americans are struggling to survive, instead of thriving and pursuing passions that could create a better world for all of us," says Natalie Foster, future of work expert and the third co-chair of the new group.

"Basic income could be the bold solution we need to remake the economy so it works again, for all of us."

I apologize to my conservative friends, but folks this is not just some idiotic libtard idea.

With the coming Robotics Revolution, unfettered robots will be doing about 85% of all jobs within about 20 years.

We will need to have something like a UBI along with Nordic Model CAPITALISM so the population does not over throw the government and impose something far worse than Nordic Model Capitalism.

People will find it extremely difficult to find work in about 20 years and will need some kind of income to keep the consumer market healthy and this money can come from the windfall profits that corporations will be making with a mostly robotics work force.

We WILL have a UBI by 2030 or we will eventually be rebuilding this country from ashes and THEN we will institute a UBI.

 

[JimBowie1958]

Man has to program or build these things, so man will always be involved. Now what kind of programs will exist will all depend on how evil man becomes.

I think that people will be engaging in various crafting skills to manufacture with 3D printers and nanomanufacture those things that they can barter.