Quote from: LiteCoinGuy on December 05, 2014, 04:17:24 PM

The surprising workforce crisis of 2030 -- and how to start solving it now

http://www.ted.com/talks/rainer_strack_the_surprising_workforce_crisis_of_2030_and_how_to_start_solving_it_now

I believe he is wrong about some aspects and the aspects he is correct about, I was writing about in 2010 as quoted below.

I claim the TED speaker is wrong about an unskilled labor shortage. The coming global economic implosion will radically shrink global GDP and leave us with a huge unemployment problem (unless a pandemic can solve that with megadeath).

The skills shortage is main problem because I claim we are moving from the Industrial age to the Knowledge age.

And I claim the TED speakers top-down solutions will not work. Instead I claim what will solve the technological skills gap is radically proliferating decentralization paradigms to dissolve the government which subsidizes people (incentivizing them to not develop the market demanded skills) and educates people with the wrong education, since the skills they need are to a significant extent autodidact.

Quote from: AnonyMint on December 03, 2013, 08:45:34 AM

Quote from: laowai80 on December 03, 2013, 05:45:32 AM

That is the last few years news.

If you mean I wrote those in roughly 2010, then correct. If you mean they are not still applicable, then I disagree.

A recent Oxford study predicts 47% of all existing jobs will be replaced by automation by 2033.

Quote from: CoinCube on December 02, 2013, 11:08:59 PM

Quote from: AnonyMint on December 01, 2013, 04:49:21 AM

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions. It is sad unstoppable and will devastate the lives of much of humanity.

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Quote from: contagion on December 16, 2014, 12:03:09 AM

Unlike Armstrong, I don't believe the masses can ever be saved. Never has that been the case, e.g. in the French Revolution they accomplished in the end totalitarianism under Napoleon. Nature purges the masses such as with the Black Death that killed a majority of Europe's population. I believe the powers-that-be will win control over the mainstream monetary system and they and the masses will decline together in a morass. I hold my hope in the bifurcation of the economy into a dying Industrial Age (which the powers-that-be and masses control) and a fledgling Knowledge Age which is controlled by the hackers and knowledge creators.

I understand Moldbug's "Only One Currency Can Win" which Satoshi also apparently validated.

And I have explained how I think a bifurcated economy could violate Gresham's Law and allow for two monetary units to coexist globally analogous to how national currencies coexist due to a Coasian barrier of individuals not trading directly internationally.

The one unit will be controlled by the banksters and the masses and this will be the 666 slavery system. The other crypto-currency unit will be for those who hold their "unit-of-account" in "units-of-knowledge". You see as a hacker, you don't care about money as a store-of-value, power-law distribution enslavement paradigm. We care about code and the freedom (power) to build (software, 3D printing designs, etc). The models of remuneration employed thus far for "open source" have depended mostly on large corporate funding. This has locked us hackers into the Theory of the Firm rigor mortis paradigm but remember knowledge can't be enslaved nor financed monetarily. Whereas what we really need is direct remuneration via micro payments.

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Do understand that everyone who is creative and likes to build things is a hacker