Society/Culture The Impact of AI on Society, School, and Work

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Is our government going to be forward thinking enough to tax large companies an AI tax, or efficiency tax? Of course not but its the obvious

Local small business, whatever. Theyre exempt
Woolworths culling service staff and banks getting rid of branches costing 1000s of jobs. Tax them companies out the arse to cover the incoming welfare need
 
That one eatery at Marvel Stadium where you get the food and you simply walk out is actually just 100 people in a room in Bangalore
 
Telstra cutting nearly 10 percent of its workforce largely from AI driven streamlining of services. Boom.


Fair enough. These are the accumulators at Telstra that add no value other than accumulate information from others. These people are at risk across all organisations because AI can accumulate information that already exists faster and cheaper.
 
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AI - peaked?

Some papers show the diminishing margin of returns and a point where the next improvement won't be worth the effort to achieve it, if there is even enough training material available.

 
AI - peaked?

Some papers show the diminishing margin of returns and a point where the next improvement won't be worth the effort to achieve it, if there is even enough training material available.


Yep, It was never intelligent to begin with, glorified chatbots or image amalgamators, cool sure

Any company that uses it will just end up with worse services and a lower labour budget, gotta love capital

Some brilliant uses so far in 'AI' targeting of civilians in Israel and schemes like robodebt
 
Yep, It was never intelligent to begin with, glorified chatbots or image amalgamators, cool sure

Any company that uses it will just end up with worse services and a lower labour budget, gotta love capital

Some brilliant uses so far in 'AI' targeting of civilians in Israel and schemes like robodebt
Capital in the long run improves the living standards of everyone. Capital doesnt create unemployment. It just relocates workers to better uses of our time and pays us higher wages. Without capital 95 percent of us would all be working on farms earning basically nothing like everyone did back before the industrial revolution. so yes. Gotta love capital.
 

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Data says different.
No it doesnt. In the era of capital real wages continually grow. Its just expected. That hasnt always been the case.

And you dont even need to make the case overtime. If you were to rank countries based on quality adjusted capital intensity you would find that order would be almost exactly the same as the country ranking of average pre tax real wages.
 
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Capital in the long run improves the living standards of everyone. Capital doesnt create unemployment. It just relocates workers to better uses of our time and pays us higher wages. Without capital 95 percent of us would all be working on farms earning basically nothing like everyone did back before the industrial revolution. so yes. Gotta love capital.
The invisible hand is around your throat too seeds, or will be soon enough

Capital in the long run ends up with a couple of trillionaires and a dead planet, it seeks to expand and extract ever more to the detriment of all else. There are no other long term considerations.
This is why it needs to be regulated, shackled, nationalised, and put to use for the '95% of us that would be on farms'

Farm life doesn't sound too bad with some good union representation tbh
 
The invisible hand is around your throat too seeds, or will be soon enough

Capital in the long run ends up with a couple of trillionaires and a dead planet, it seeks to expand and extract ever more to the detriment of all else. There are no other long term considerations.
This is why it needs to be regulated, shackled, nationalised, and put to use for the '95% of us that would be on farms'

Farm life doesn't sound too bad with some good union representation tbh
Have you heard of wealth taxes? Inheritance taxes? Things I strongly advocate for. Private sector creates and runs capital (with government regulation) and then wealth is redistributed through taxes afterwards.

Nationalism tends to lead to gross waste, failure to technologically innovate and either high prices or long queues. Just look at the national broadband roll out. The nationalised nuclear roll out will be even worse.
 
Have you heard of wealth taxes? Inheritance taxes? Things I strongly advocate for. Private sector creates and runs capital (with government regulation) and then wealth is redistributed through taxes afterwards.
Cool, how's that going? oh yeh it's probably the highest inequality in human history, sweet
Nationalism tends to lead to gross waste, failure to technologically innovate and either high prices or long queues. Just look at the national broadband roll out. The nationalised nuclear roll out will be even worse.
If it's a natural monopoly then it should be nationalised, pretty basic economics tbh thought you'd be all over smith and co.

How has privatisation of these natural monopolies gone? oh that's right terrible, profit is extracted, maintenance is skipped, infrastructure is degraded, the consumer pays more
 

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Society/Culture The Impact of AI on Society, School, and Work

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