Itd be cheaper for society to give 90% of the country $1200 a month than for them to work. Crazy huh?
You should read https://www.lrb.co.uk/the-paper/v46/n17/john-lanchester/for-every-winner-a-loser>That’s finance. The total value of all the economic activity in the world is estimated at $105 trillion. That’s the mangoes. The value of the financial derivatives which arise from this activity – that’s the subsequent trading – is $667 trillion. That makes it the biggest business in the world. And in terms of the things it produces, that business is useless. It does nothing and adds no value. It is just one speculator betting against another and for every winner, on every single transaction, there is an exactly equivalent loser.>The point bears repeating. There are other ways of getting rich, and in our society the classic three ways of making a fortune still apply: inherit it, marry it, or steal it. But for an ordinary citizen who wants to become rich through working at a salaried job, finance is by an enormous margin the most likely path. And yet, the thing they’re doing in finance is useless. I mean that in a strong sense: this activity produces nothing and creates no benefit for society in aggregate, because every gain is matched by an identical loss. It all sums to zero. The only benefit to wider society is the tax paid by the winners; though we need to remember that the losers will have their losses offset against tax, so the net tax benefit is not as clear as it might at first seem.
>>107613595AGI is going to make UBI happen soon and that's not a good thing
>>107613663Its not only derivatives. Employees are needy theyre loud they consume a lot theyre high mantainenance. A minimum wage employee would demand twice that are more and then the higher employees multiple times that. Infrastructure would need less mantainance, people would cook and cut their hair, theyd drive public transportation, etc…
>>107613688not really. if anything it's going to further the class divide into the haves and have nots. it will be the dystopian fiction you've seen time and time again.hopefully us have nots will kill those who do, and no just accept our fate.
>>107613775Masses of people would only listen to someone whos rich and its not in their interest. Just like dogs get put down if theyre aggressive thats whats going to happen. The best scenario is getting rich.
>>107613775>hopefully us have nots will kill those who do, and no just accept our fate.If you witnessed the "test run" (being the scamdemic) you'll know exactly what to expect from NPCattle. It's a sad state of affairs, but the world as we knew it is a thing of the past. The satanic world order is on the rise, and I'm guessing things will kick into overdrive around 2030.
>>1076140614 more years, huh