Thousands of Software Engineers Say the Job Market Is Getting Much Worse::9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they’d get another job with the same pay.
Thousands of Software Engineers Say the Job Market Is Getting Much Worse::9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they’d get another job with the same pay.
The job market is worse now than it was a couple years ago. It’s not AI’s fault, blame the Federal Reserve Bank and the interest rates. Blame VC, who’ve been relying on 0 interest loans for so long they don’t know how to actually take a risk any more, and will no longer fund startups. Blame cowardly executives of established companies, who are no longer seeing sales numbers increase exponentially forever.
This is what non-zero interest rates do to a motherfucker.
We need universal basic income.
Universal Basic Income to mean sounds like trickle up economics with extra steps. All of does is reward automation and inordinately support the wealthy.
What we need is a society that takes little stock in currency.
Edit: read my comment under here for better understanding. UBI is a capitalist solution to a capitalist problem.
In the long term yes. But we need a complete systems revamp before that’s possible without creating a situation where a lot of people starve to death. UBI works great as a patch over, and while automation is still getting off the ground. As a solution to an automated economy it sucks. It’s asking to have questions like, “how many loafers can we remove from the system without people revolting this year?” Or the creation of premium dollars that seem to only go to the owner class and goes with scarcity of supply as the wealthy become more and more detached from everyone else and shut down facilities to save on costs.
Basically it risks A Brave New World. Instead we need to make it clear that an automated economy is there for everyone and thus is owned by everyone.