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StroudCrowd1 · 07-25-2017, 04:23 PM

(07-25-2017, 04:10 PM)FBT Wrote:
(07-25-2017, 01:51 PM)StroudCrowd1 Wrote: You have to love the irony in the fact that the most replaceable people are asking for a higher hourly wage.

It is an interesting topic of study. If you take a large group of people who have families to feed and you take away the source of them doing that, they will do whatever it takes to survive, even if that means violence. If you displace millions of people who think they have nothing to lose, that could be very dangerous.

Agreed. They don't realize that they're fighting to price themselves out of jobs. Neither do those who are on the other side of the spectrum promoting a guaranteed living wage, or ridiculous minimum wage rates.

My thoughts are that something will happen to disrupt this push to automation, and it could be something as catastrophic as a complete economic collapse similar to the Great Depression. That will derail a lot of momentum to automate for a lot of companies because the capital costs to do so will be ridiculous, more so than human capital.

Desperate times will call for desperate measures. You're right that when people have nothing to lose, all bets are off for how they'll respond. Still, government isn't going to solve a problem here. If anything, it will exacerbate it. When you look at the Great Depression, it lasted longer than it should have because of government intervention. Throughout the modern history of this nation, in almost every instance where the benevolent leaders in DC intervene, it has disastrous results. This would be no different.

I have seen guys like Zuckerburg supporting a guaranteed living wage. Of course guys like this are for it, so people can afford a means to use/buy their products even if they aren't gainfully employed. It is just silly.

I think as automation continues to make a push, the government will figure out ways to tax it to a point it is cheaper to use human labor. Like I said before, anybody who thinks the federal government is going sit quietly in the corner while its income tax stream shrinks is crazy. The gov't is gonna get theirs!