Global Tech Forum 2018: Blockchain:

"How we approach Universal Basic Income is a heated debate. I actually debated against UBI in Oxford Union, Not because I don't support individual people... if they don't get a job they shouldn't be helped, but because I don't think there will be a sensible model for government to produce UBI.
However, if we give the pricing power to individuals, in an AI economy where data is really the fuel of an AI economy then selling data is potential income source for UBI."
-Jennifer Zhu Scott, Founding Principal, Radian Partners

"The reason I am excited about blockchain is that it is really transforming the world in the sense that... redesigning the role of corporations and redisigning how wealth is being distributed. If you look at the past 30 years, internet has become the driving force of wealth growth but internet is a very monopolizing economy. Theres no other industry that has such a big networking effect that has favoring the guy on the top. I even think the internet boom could be blamed as part of the reason for the populism politics because even though the global wealth is being driven up tremendously because of internet and digital economy, only a fraction of the population got richer. If you look at blockchain it actually transformed the relationship between consumers and enterprize. Consumers are stakeholders in the beginning of the project. Secondly I think it will challenge the current data ownership mechanism scheme of today. Because I think data of the people should be by the people and for the people. I believe 10 years down the road when we look back we will see peoples data, a person's data the same way we are seeing her intellect and her labor. If you are making a profit based on the users data the user needs to be compensated. I think blockchain can lay the foundation for that and it really has a much deeper and social impact for the entire world.
-Chen Lei, Founder and CEO, Xunlei




https://www.youtube.com/watch?v=3AJmafRdkSs

Self checkout meme

I love self-checkout. When Albertson's bought out my local Safeway they got rid of the self checkout machines and I really miss them. I really believe that the purpose of machines is to free humans from mindless tasks. I think we should support automation rather than try to "save jobs".

So many things are done now by machines which used to be done by people and this is actually a good thing. There used to be switch-board operators and people who took down phone messages. Now we have answering machines and computers. There even used to be a man whose job it was to operate the elevators. The list of obsolete jobs is vast. Should we bring them back? Should we move backwards for the sake of "jobs"?

I don't like the idea of another human standing on that hard concrete floor 8 hours a day ringing up groceries when such a thing can easily be done by a machine. Humans are so much more valuable and creative than this.






Bring back the elevator man too!! And the "switch board operator". Get rid of your answering machine or voicemail app on your phone so that we can all hire some worker to write down our messages for us. Bring back the pony express. So many jobs have already been automated. Automation is a long process, not an event. Why choose this particular step in the process to be against and ignore the






Seriously though. I absolutely hate going to a register and having someone stand there serving me, asking how my day is. They don't care about me, they ask because of MONEY. They are paid to smile, paid to bag the food that I will eat. Am I a child? Am I a prince to be served? Surely a human has not evolved on this planet for millions of years to stand 8 hours at a stretch to scan products, going "Beep Beep Beep". To think that labor for income, for the right to exist, is some thing to perpetuate and defend until the indefinite future... this is a sad result of brainwashing.






Unions should be embracing automation rather than inhibiting it. The gains from automation could be something that is dispersed among the people (call them union members if you like). If unions cannot adapt to new technologies, if they cling to the protestant work ethic then perhaps they belong on the dust bin of history where they have been headed. Where are the Union Members who face modern reality?






Joe Biden is a great example of a fossil who lives in the past when it comes to the issue of work and automation, telling stories of how his father and grandfather viewed the subject. "A job is about so much more than a paycheck, its about having dignity, its about being able to come home and tell your kids its going to be ok." -Biden says.


Well, WHY does a job allow you to go home and tell your kids 'its ok'? Because of the PAYCHECK. Circular logic. So why not just get the paycheck without the job? Have the machines do the work and we the people collectively benefit via UBI? This is the old fashioned thinking disconnect. As for a job giving "dignity"? The fact is that for the majority of us, the paycheck IS the only dignity involved in our jobs. Jobs with intrinsic dignity and a sense of meaning do exist but those are not the kind of jobs most of us have.

10/11/2019

So, I read the book "In Sam We Trust" about a year ago. It is an exhaustively detailed book about the history of Walmart. It is so detailed in fact that the writer also researched the histories of retail in general, Sears, Target, Kmart, Kroger and a bunch of other retail giants you never heard of.


One of the interesting points in the book to me relates to the complaints about self-checkout. 100 years ago a similar change took place and some people also complained but history forgot and we don't really care about it anymore. In fact we assume the way shopping is done now, is how it always has been done, but it isn't. You know, walking around the store, pushing a cart, putting items in the cart, pushing the cart to the front of the store where a clerk rings up your items and you pay them, then you push the cart to your car and load them in and drive off.


100 years ago, you would walk into a general store, and order items from the clerk at the front. He would send the "bag boy" into the back and the boy would put your order together. Then you would leave. You had no business wandering around in the back of the store. Later that day if you were lucky, the "boy" would deliver the groceries to your house or farm. They would send you the bill or it would be added to your tab.


Larger Department Stores were the only places you might wander around in where the items were kept. But they had clerks standing at counters in each separate "department" to help you and take your orders. You didn't walk out with the items right then. Your order was put together form the various departments and sent to your house or farm after you left.


My point is that the system we have now is not the way it has always been. It has changed and it will change again. When the system we have now came into practice it was called the new "self-service" shopping store. Some people claimed it got rid of jobs, but here we are used to it and not remembering or caring about the obsolete ways of the past. And so it will be again.

rh bal

Deposit Nov 7, 2018+$50.00
Deposit Oct 25, 2018+$50.00
Deposit Oct 23, 2018+$20.00
Deposit Oct 18, 2018+$20.00
Deposit Oct 5, 2018+$50.00
Deposit Sep 28, 2018+$15.00
Deposit Sep 21, 2018+$50.00
Deposit Sep 19, 2018+$5.00
Deposit Sept.18,2018+$5.00
Deposit Sep,17,2018+$8.00
Deposit Sep 17,2018+$10.00
Deposit Sep 12,2018+$30.00
Deposit Aug 27,2018+$25.00
Deposit Aug 23,2018+$4.00
Deposit Aug 16,2018+$25.00
Deposit Aug 14,2018+$25.00
Deposit Aug 10,2018+$25.00
Deposit Aug 9,2018+$1.00
Deposit Aug 1,2018+$10.00

Deposit Aug 1,2018+$1.00

Deposit Jul 26,2018+$25.00

Deposit Jul 19,2018+$5.64

Deposit Jul 11,2018+$50.00

Deposit Jun 27,2018+$50.00

Deposit Jun 12,2018+$25.00

Deposit May 25,2018+$25.00
Withdrawal May 18,2018+$1700.00

Deposit May 14,2018+$50.00

Withdrawal May 9,2018-$100.00

Withdrawal May 8,2018-$23.00

Deposit Mar 2,2018+$25.00

Deposit Feb 7,2018+$20.00

Deposit Feb 2,2018+$25.00

Deposit Feb 1,2018+$160.00

Deposit Jan 23,2018+$63.75

Deposit Jan 19,2018+$40.00

Deposit Jan 11,2018+$700.00

Deposit Jan 5,2018+$25.00

Deposit Jan 3,2018+$25.00

Deposit Dec 28, 2017+$50.00
Deposit Dec 28, 2017+$150.00
Deposit Dec 26, 2017+$40.00
Deposit Dec 22, 2017+$50.00
Deposit Dec 21, 2017+$10.00
Deposit Dec 18, 2017+$200.00
Deposit Dec 13, 2017+$50.00
Deposit Dec 13, 2017+$150.00
Deposit Nov 30, 2017+$100.00
Deposit Nov 28, 2017+$100.00
Deposit Nov 16, 2017+$40.00
Deposit Nov 9, 2017+$50.00
Deposit Nov 1, 2017+$35.00
Deposit Oct 25, 2017+$125.00
CHK Oct.29,2017+$3.78
GRPN Oct.22,2017+$4.82
ZNGA Oct.21,2017+$3.94
ZNGA Oct.19,2017+$3.91


Total= $1,086.84
Actual=$804.
Difference=$282 

Corolla 2014

Date:       Payment:             Principal:          Total:  (interest)

5/11/18           $0                                      $16,890.67                     $24,406.08

5/12/18           $1500.00 (down pymt)     $16,890.67                     $22,906.08
6/26/18           $318.14   (monthly)          $                 (-$110.20)   $22,584.08 (-$207.94)
6/26/18           $80.00     (extra)               $16,714.88 (-$65.59)     $22,503.07 (-$14.41)

Convo

"because nobody's poor in socialist or communist countries."


Sarcasm. Ok, no problem there. So you are saying 'people are still poor in socialist or communist countries, therefore poverty is NOT a byproduct of capitalism.

 Notice the OP says "poverty is a byproduct of capitalism." It does not have to be the only possible cause of poverty for it to still be 'a' byproduct. The claim was not that capitalism is the only possible cause of poverty. If that had been the claim, then yes poverty within communism and socialism would disprove the claim. But that claim was never made.

However, I agree with Pia here in that so-called communist and socialist countries still had many of the most harmful elements of capitalism, such as hierarchy, inequality, scarcity, and money. These countries and these forms of socialism/communism have even been more accurately referred to as "State capitalism". This is also a very common false Dichotomy in which people think that capitalism and socialism/communism are the only possible systems.






" Money is how you barter for something someone else has when you don't have anything they want. Money by definition does not create inequality. It is nothing more than a way to make barter work better. Example: I fix fences. Your fence needs fixing. You raise chickens. I am vegan so I don't need chickens or eggs. You are able, because of money, to sell some eggs, give me that money to fix your fence, and I can then use it to buy tofu from someone who doesn't even have a fence."

Its true, money is a means of barter and makes things easier than if you actually had to barter. For instance, if I sell a house to a person who makes toothpicks, I may have to accept trillions of toothpicks in exchange. Transporting the toothpicks is more trouble than its worth, never mind thet that I don't need all of those toothpicks, etc.. So yes, money is progress compared to what came before it. But it also has its own problems





" "Money by definition does not create inequality" By the same token, the lack of money would not create equality. It would just make it harder to do the things money is designed to facilitate."


"There was little or no money in feudal times, and hey, equality abounded.

Pia's Numbers

Daily:

Fri.                  2/23/18              $208.
Mon.               2/26/18              $231.
Tues.               2/27/18              $229.
Wed.               2/28/18              $228.
Thurs.             3/1/18                $250.
Fri.                  3/2/18                $253.
Mon.               3/5/18                $255.
Tues.               3/6/18                $253.
Wed.               3/7/18                $303.
Thurs.             3/8/18                $304.
Fri.                 3/9/18                $308.
Mon.              3/12/18              $310.
Tues.              3/13/18              $307.
Wed.              3/14/18              $306.
Thurs.            3/15/18              $306.
Fri.                3/16/18               $305.

Week #1 @ 5%: $208.       #1 @ 10%: $208.            #1 in reality: $208. (+$0.32(+0.16%))
Week #2 @ 5%: $218.       #2 @ 10%: $228.            #2 in reality: $253. (-$2.47(-0.97%))
Week #3 @ 5%: $228.       #3 @ 10%: $250.            #3 in reality: $308. (+$11.73(+3.95%))
Week #4 @ 5%: $239.       #4 @ 10%: $275.            #4 in reality: $305. (-$4.32(-1.39%))
Week #5 @ 5%: $251.       #5 @ 10%: $302.            #5 in reality:
Week #6 @ 5%: $263.       #6 @ 10%: $332.            #6 in reality:
Week #7 @ 5%: $276.       #7 @ 10%: $365.            #7 in reality:
Week #8 @ 5%: $289.       #8 @ 10%: $401.            #8 in reality:
Week #9 @ 5%: $303.       #9 @ 10%: $441.            #9 in reality:
Week #10 @ 5%:$318.      #10 @ 10%: $485.          #10 in reality:
Week #11 @ 5%:$334.      #11 @ 10%: $533.          #11 in reality:
Week #12 @ 5%:$350.      #12 @ 10%: $586.          #12 in reality:
Week #13 @ 5%:$367.      #13 @ 10%: $644.          #13 in reality:
Week #14 @ 5%:$385.      #14 @ 10%: $708.          #14 in reality:
Week #15 @ 5%:$404.      #15 @ 10%: $778.          #15 in reality:
Week #16 @ 5%:$424.      #16 @ 10%: $855.          #16 in reality:
Week #17 @ 5%:$445.      #17 @ 10%: $940.          #17 in reality:
Week #18 @ 5%:$467.      #18 @ 10%: $1,034.       #18 in reality:
Week #19 @ 5%:$490.      #19 @ 10%: $1,137.       #19 in reality:
Week #20 @ 5%:$514.      #20 @ 10%: $1,250.       #20 in reality:
Week #21 @ 5%:$539.      #21 @ 10%: $1,375.       #21 in reality:
Week #22 @ 5%:$567.      #22 @ 10%: $1,512.       #22 in reality:
Week #23 @ 5%:$595.      #23 @ 10%: $1,663.       #23 in reality:
Week #24 @ 5%:$624.      #24 @ 10%: $1,829.       #24 in reality:
Week #25 @ 5%:$655.      #25 @ 10%: $2,011.       #25 in reality:
Week #26 @ 5%:$687.      #26 @ 10%: $2,212.       #26 in reality:
Week #27 @ 5%:$721.      #27 @ 10%: $2,433.       #27 in reality:
Week #28 @ 5%:$757.      #28 @ 10%: $2,676.       #28 in reality:
Week #29 @ 5%:$794.      #29 @ 10%: $2,943.       #29 in reality:
Week #30 @ 5%:$833.      #30 @ 10%: $3,237.       #30 in reality:
Week #31 @ 5%:$874.      #31 @ 10%: $3,560.       #31 in reality:
Week #32 @ 5%:$917.      #32 @ 10%: $3,916.       #32 in reality:
Week #33 @ 5%:$962.      #33 @ 10%: $4,307.       #33 in reality:
Week #34 @ 5%:$1,010.   #34 @ 10%: $4,737.       #34 in reality:
Week #35 @ 5%:$1,060.   #35 @ 10%: $5,210.       #35 in reality:
Week #36 @ 5%:$1,113.   #36 @ 10%: $5,731.       #36 in reality:
Week #37 @ 5%:$1,168.   #37 @ 10%: $6,304.       #37 in reality:
Week #37 @ 5%:$1,226.   #38 @ 10%: $6,934.       #38 in reality:
Week #39 @ 5%:$1,187.   #39 @ 10%: $7,627.       #39 in reality:
Week #40 @ 5%:$1,246.   #40 @ 10%: $8,389.       #40 in reality:
Week #41 @ 5%:$1,308.   #41 @ 10%: $9,227.       #41 in reality:
Week #42 @ 5%:$1,373.   #42 @ 10%: $10,149.     #42 in reality:
Week #43 @ 5%:$1,441.   #43 @ 10%: $11,163.     #43 in reality:
Week #44 @ 5%:$1,513.   #44 @ 10%: $12,279.     #44 in reality:
Week #45 @ 5%:$1,588.   #45 @ 10%: $13,506.     #45 in reality:
Week #46 @ 5%:$1,667.   #46 @ 10%: $14,856.     #46 in reality:
Week #47 @ 5%:$1,750.   #47 @ 10%: $16,341.     #47 in reality:
Week #48 @ 5%:$1,837.   #48 @ 10%: $17,975.     #48 in reality:
Week #49 @ 5%:$1,928.   #49 @ 10%: $19,772.     #49 in reality:
Week #50 @ 5%:$2,024.   #50 @ 10%: $21,749.     #50 in reality:
Week #51 @ 5%:$2,125.   #51 @ 10%: $23,923.     #51 in reality:
Week #52 @ 5%:$2,231.   #52 @ 10%: $26,315.     #52 in reality:

Week #53 @ 5%: $2,342.
Week #54 @ 5%: $2,459.
Week #25 @ 5%: $2,581.