AI and economics

[LotusBud]

If you’re in the top 20%, that means your household is bringing in somewhere

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. Maybe you’re a project manager making $95,000 married to a marketing coordinator making $45,000. Y’all are a $140,000 household. You’re taking vacations. You can afford healthcare. You can afford housing. Your kids are wearing whatever name brand kids are wearing these days. You feel fairly secure, but not totally secure. And both of your jobs are done on a screen.

Here’s what you may not realize. You’re living the life that factory workers lived in the 1950s, ‘60s, and ‘70s. You’re living the life that auto workers in Detroit lived. That steel workers in Pittsburgh lived. That chemical workers across the Northeast and Appalachia lived. Back then a single income could buy a house, raise kids, take a vacation, and retire with a pension. A

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. That life, the one you’re living right now, used to be the baseline for millions of Americans.

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[The Prowler]

Holy fuck.

LotusBud is such a moron.

Does she ever have an original thought?

 

[Joe]

Yes I agree. something has to be done to level the playing field @LotusBud

We have to help the younger generation find jobs OR build successful livelihoods through self-employment.

In reality, this is a return back to a time when people created their own jobs or employment.

ie - people used to be farmers or tradesmen before the factories came along and wiped out their jobs.

So now perhaps it's going in full reverse where people will have to create their own employment.

 

[The Prowler]

Senile @Joe and @LotusBud are not smart enough to think of real solutions that will work.

 

[Joe]

Senile @Joe and @LotusBud are not smart enough to think of real solutions that will work.

So what is YOUR Solution Lex @The Prowler ?

Or are you just gaslighting again like an overgrown teenage brat?

Solutions exist but our governments haven't bothered to come up with any.

And these corporations, especially Big Tech just wants to bring back medieval slavery to pad their profits. They clearly don't want any solutions or people to stand up for their rights & think for themselves.

 

[Weeg]

FAKE

 

[Joe]

Senile @Joe and @LotusBud are not smart enough to think of real solutions that will work.

Well do you have any Lex @The Prowler?

If so, list them here.

Otherwise yer full of hot air and shit Lex.

What are your solutions?

 

[The Prowler]

Well do you have any Lex @The Prowler?

Of course I do.

But you are not bright enough to understand a good solution when you hear it.

I mean, look at the kind of stupid statements you make: "We have to help the younger generation find jobs"

Holy fuck. Are you braindead?

 

[Joe]

Of course I do.

But you are not bright enough to understand a good solution when you hear it.

So what is it? just like anything you post you offer fuck all.

Oh and where are those photos of those 5 lbs of Gold you supposedly had? Guess that was a lie huh?

I mean, look at the kind of stupid statements you make: "We have to help the younger generation find jobs"

Holy fuck. Are you braindead?

Well otherwise if the youth don't have jobs they start gravitating towards political extremism or violence. Thats a big reason Hitler rose to power in Germany. Iran is a recent example of what happens when restless youth feel they don't have a future and the governing party can't cope with the social unrest. Get riots. Another example are the recent demonstrations in the US. yes there are consequences for having scores of unemployed youth with nothing to do Lex @The Prowler

 

[The Prowler]

So what is it? just like anything you post you offer fuck all.

Oh and where are those photos of those 5 lbs of Gold you supposedly had? Guess that was a lie huh?

Well otherwise if the youth don't have jobs they start gravitating towards political extremism or violence. Thats a big reason Hitler rose to power in Germany. Iran is a recent example of what happens when restless youth feel they don't have a future and the governing party can't cope with the social unrest. Get riots. Another example are the recent demonstrations in the US. yes there are consequences for having scores of unemployed youth with nothing to do Lex @The Prowler

Yeah, Senile @Joe.

Help the younger generation find jobs.

Good plan.

So where do you think you will start?

Teaching them how to write a good resume?

 

[Joe]

Yeah, Senile @Joe.

Help the younger generation find jobs.

Good plan.

So where do you think you will start?

Teaching them how to write a good resume?

Showing them how to start small businesses.

Since large companies seem to no longer want to hire a large workforce anymore, people will have to create their own employment.

But this isn't that different than the model which existed before the Industrial Revolution.

1 or 2 centuries ago, many people were self employed in one way or another.

They were shopkeepers, farmers, tradesmen.

Now, I don't suggest that this would solve the problem of unemployment or underemployment

Or replace a full time well paying job.

But it might make people/workers less reliant on governments, corporations and become more self-sufficient.

And when I see you lurking all the time on these forums, wasting your life/retirement pm, I don't want to be like you Lex @The Prowler.

You're one of the most useless tools I've ever encountered on these forums.

Christ, don't you have anything better to do than gaslight people all day long?

You've actually inspired me to start a side business.

Find something meaningful to do, so I don't become a useless old fart like yourself.

 

[LotusBud]

Yes I agree. something has to be done to level the playing field @LotusBud

We have to help the younger generation find jobs OR build successful livelihoods through self-employment.

In reality, this is a return back to a time when people created their own jobs or employment.

ie - people used to be farmers or tradesmen before the factories came along and wiped out their jobs.

So now perhaps it's going in full reverse where people will have to create their own employment.

Yes, but the problem is, who will their customers be if no one is gainfully employed?

 

[LotusBud]

FAKE

Brilliant post!

 

[Weeg]

Brilliant post!

FAKE!! It is FAKE!!

 

[Dove]

Holy fuck.

LotusBud is such a moron.

Does she ever have an original thought?

She's pointing out the entire premise of MAGA and doesn't even know it.

10 years late. Better than never?

 

[The Prowler]

Showing them how to start small businesses.

Since large companies seem to no longer want to hire a large workforce anymore, people will have to create their own employment.

But this isn't that different than the model which existed before the Industrial Revolution.

1 or 2 centuries ago, many people were self employed in one way or another.

They were shopkeepers, farmers, tradesmen.

Now, I don't suggest that this would solve the problem of unemployment or underemployment

Or replace a full time well paying job.

But it might make people/workers less reliant on governments, corporations and become more self-sufficient.

And when I see you lurking all the time on these forums, wasting your life/retirement pm, I don't want to be like you Lex @The Prowler.

You're one of the most useless tools I've ever encountered on these forums.

Christ, don't you have anything better to do than gaslight people all day long?

You've actually inspired me to start a side business.

Find something meaningful to do, so I don't become a useless old fart like yourself.

The vast majority of young people are not equipped to start their own business, Senile @Joe.

Your ideas are what I would expect from a teenager.

And stop trying to figure out my life.

I am off to referee a charity hockey game in a few minutes. If not for that, I would take the time to post a schedule of my next week so you could have a good cry.

 

[The Prowler]

Yes, but the problem is, who will their customers be if no one is gainfully employed?

Oh, that is the only problem with his idea!!!

Great Minds Unite!!!!!!!!

Haha!!!

 

[Holy Holliday !]

ever have an original thought?

LoLz, the pot kettle brigade is on the march this morning.
. Left right left right companyyyyyy HALT!

 

[Seamajor]

Save yourselves saps. Fatso is hell bent on saving his

 

[The Prowler]

No, YUO!!!!!

You have to pick your spots better, you moron.

LotusTard copied a link and copied text from an article. That was her entire post.

Not a single thought of her own.


It is amazing that I have to explain things like this to you.

 

[Holy Holliday !]

LotusTard copied a link and copied text from an article. That was her entire post.

So what? For that you went completely apeshit on a personal attach rather than commenting on the article and its content. Why, couldn't you find the Ministry of Truth's counter argument?
Dude you are perhaps the dumbest no-thinky low IQ idjit on the internets. Do not attempt to insult others - it only makes YOU look more foolish.

Why don't you go blow a few snot rockets? (Prowlers pet name for his boy friends' pee-pees) At least that will make you useful to someone.

 

[LotusBud]

What it requires is public ownership of the things that are going to replace our jobs. If we don’t own a share, if we don’t own a controlling interest in the entities and technologies that replace American workers, we’re screwed. Taxes and UBI will not solve this. Fighting trillionaires and centi-billionaires that control our means of production is not a fight we need to have.

You, the top 20%, needn’t join me and my fellows in Appalachia and the Rust Belt. We can join you. We can join you in access to a life of plenty through American Equity. That is us, we the people, owning what we produce, owning what our knowledge and generations of labor is leading to.

And to the crowd already warming up the “seizing the means of production” line, let me remind you of something. Over the past 50 years, Wall Street sold our means of production to China and to anybody else who would do it cheaper. They didn’t give a damn about keeping it. They gave it away. So this isn’t about seizing anything. This is about rebuilding what they sold out from under us and owning it this time. AI and robotics can do that. But we have to own it, because these same people have already proven they are too greedy to be trusted with it.

We cannot be conned by words like socialism or communism, because the only alternative to American Equity is American Feudalism.

 

[Joe]

What it requires is public ownership of the things that are going to replace our jobs. If we don’t own a share, if we don’t own a controlling interest in the entities and technologies that replace American workers, we’re screwed.

Senator Bernie Sanders has recommended distributing company shares to workers so that they can once again share in the American Dream @LotusBud .



Socialist? Not really since billionaires Ray Dalio and Michael Dell have created investments accounts through a pilot project for children in Arizona and Conneticut.



Makes sense since providing and ownership in these companies will create a future generation of consumers. This favor should also be exended to lower income Americans so they can build equity to keep the consumer economy alive. Really it's not so different in concept from Henry Ford who sought to make the Model T affordable for his factory workers.



Or Steve Jobs who facilitated personal computer ownership for the Middle Class and school children.

Taxes and UBI will not solve this. Fighting trillionaires and centi-billionaires that control our means of production is not a fight we need to have.

Oligarchs like Elon Musk are pushing ubi because he knows he won't have to pay for it. On top of a decimated workforce, Elon or Jeff Bezos won't have to pay any more workers' salaries which will reduce their costs substantially and boost their company share prices. They'll just get the US government to keep printing more money to devalue the dollar further till it's worth nothing and those on UBI won't have any purchasing power nor will they own anything. Plus it'll make their corporate debts cheaper to pay back.

That's why they don't care if the US National debt goes sky high because they won't be paying it back. Your government will always bail them out and servicing the debt will fall on the American worker and the disappearing middle class in the US.

Nor do they even care if the US Dollar goes inta the toilet. Just replace with something else like electronic currencies such as CBDC''s or stablecoins privately issued by the banks and corporations

Like your described, this is just a modern form of feudal serfdom Silicon Valley style.

You, the top 20%, needn’t join me and my fellows in Appalachia and the Rust Belt. We can join you. We can join you in access to a life of plenty through American Equity. That is us, we the people, owning what we produce, owning what our knowledge and generations of labor is leading to.

While it would make sense to distribute shares to the American worker to keep the economy humming, the Billionaire Oligarchs in reality want none of it. To them Wealth means power. The more of they have, the more power they have. Why share it when they can keep it all to themselves?

It would take a real cataclysmic event like the Great Depression or World War II to seize their ill gotten wealth and re-distribute it back to the masses.

And to the crowd already warming up the “seizing the means of production” line, let me remind you of something. Over the past 50 years, Wall Street sold our means of production to China and to anybody else who would do it cheaper. They didn’t give a damn about keeping it. They gave it away. So this isn’t about seizing anything. This is about rebuilding what they sold out from under us and owning it this time. AI and robotics can do that. But we have to own it, because these same people have already proven they are too greedy to be trusted with it.

We cannot be conned by words like socialism or communism, because the only alternative to American Equity is American Feudalism.

And Trump gave the rest of it away in his Big Beautiful Bil - a $3.4 Trillion tax break for the Ultra rich.

Ideally, these tax cuts should be rescinded and the money should be paid back particularly since companies like amazon pocketed the money and then turned around and fired a good swathe of their workforce. Probably sent a lot of jobs overseas to places like India. So these corporations got rewarded for offshorng American jobs.

 

[The Prowler]

LotusTard copied a link and copied text from an article. That was her entire post.

So what?

She is brain dead.

She does it all the time.

Not one point is her own. Not one tidbit of her own thoughts.

 

[The Prowler]

If we don’t own a share, if we don’t own a controlling interest in the entities and technologies that replace American workers, we’re screwed.

Have you heard of this thing called "The Stock Market"?

Hahahahahahaha!!!!!

 

[The Prowler]

Over the past 50 years, Wall Street sold our means of production to China and to anybody else who would do it cheaper. They didn’t give a damn about keeping it. They gave it away.

Holy fuck.

Dovey nailed it and LotusTard has no idea.....

She's pointing out the entire premise of MAGA and doesn't even know it.

10 years late. Better than never?

Un

Fucking

Believable

 

[The Prowler]

While it would make sense to distribute shares to the American worker

Not how it works.

You do not decide.

The people who own the shares decide.

You people are ridiculous. This is a new situation unlike any we have encountered before. It requires new ideas.

 

[Iggy McLulz]

FAKE!! It is FAKE!!

Why do you even exist? One-word posts should be banned.

 

[Joe]

Not how it works.

You do not decide.

The people who own the shares decide.

You people are ridiculous. This is a new situation unlike any we have encountered before. It requires new ideas.

Well there are already pilot projects in the United States to provide investor starter accounts for young children which were sponsored by billionaires Ray Dalio and Micheal Dell of Dell Computers.



So believe it or not, this is. not initiated by the likes of Bernie Sanders, but hardcore capitalists who benefited immensely from the system.

I kind of think these American billionaires have come to he realization if American workers or their children aren't provided with ownership in these companies, there won't be any consumers to buy their products in the future.

This is not so different in concept from Henry Ford and his Model T cars.

Create a middle class so everyone can share in the American dream.

BTW, Ford was very right leaning conservative businessman who hated Jews & was a Nazi sympathizer Lex @The Prowler.



Apparently Henry Ford liked Hitler.

But even he understood the importance of ownership so that workers could participate in a consumer economy

 

[The Prowler]

Well there are already pilot projects in the United States to provide investor starter accounts for young children which were sponsored by billionaires Ray Dalio and Micheal Dell of Dell Computers.

So they can BUY shares. Not have them "distributed" like LotusTard is "thinking".

People have always been able to buy shares of publicly traded companies, as long as shareholders are willing to sell.

And Employee Share Ownership Programs are not a new idea. They have been around in their current form in the USA for about 70 years. Probably a similar time frame in Canada.

I do not think you understand even the basics of the stock market, Senile @Joe.