Comment: Apologies for my tone

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Apologies for my tone

It's sometimes hard to see who's on the other end of a comment since the same point made could be uneducated and naive while at the same time be very educated and insightful, depending on the level of depth.

You're probably not going to find a more optimistic person on technology. I've been pushing to use as much of it as possible but to do it 'the right way' for so long I can't remember. My utopian future has robots doing all but 5% of the jobs and everyone takes a 4 year term in those slots. But we have a long long way to go first.

Believe it or not, when designing a path to get to that future, it's not the technical issues that are holding us back. The problem is that it will destroy our civilization to just unleash such automation without a corresponding shift to giving the workers the fruits of that change. (Picture all the factories fully automated and the workers unemployed.) After designing such a business plan (basically pushing the entrepreneur to borrow from many small local people), we determined that there was no need for the big banks, the stock market or retirement funds in this new community. The rest of the plan just kind of fell into place from there.

This leads to the last piece that you may be seeing differently than I'm proposing. By taking the banks out of the picture, we're eliminating the excessive interest paid them (about 1/3rd of lifetime expenses) and replacing it with object you buy once, not rent forever. If we play this out, it leads to having all a person would normally buy in 40 years, paid off in about 8. So they can work 9 (extra one for savings, retirement) and then retire. I understand your suggestion that they may go spend that money on more goodies and grow the economy further, but once you're secure and the things you bought were lasting, not disposable, wouldn't many people choose to not work? I think that by placing the workers in the driver's seat on wage rates and work conditions, we can expect much less litigation on worker rights and unemployment. We can also expect reduced wasteful "fluff" jobs. (the jobs that are easily eliminated by tech).

The root key issue in all this is that now the banks steal most of our productive value from us and if we make some simple changes we can realize we don't even need anything from them so we could keep that value ourselves. I see a majority of today's society as uninformed of this fact while still trying to maintain their place on the social ladder (now transformed to be the economic ladder). It's not their fault they keep fighting for more money and compromising more all the time for it. They know not of any real solution.

Agreed, it's been a good discussion.