Bill Gates says a 3-day work week where ‘machines can make all the food and stuff’ isn’t a bad idea::“A society where you only have to work three days a week, that’s probably OK,” Bill Gates said.
It’s not a bad idea, but it also can’t exist without a complete re-haul of what it means to live in modern society. Right now, replacing workers and cutting hours means people don’t have enough money to live. That is not an acceptable result of automation. I’m not qualified enough to have a reasonable solution to this, but I know it needs to be addressed before we get to that point.
Look at this guy who doesn’t have billions he made from the 90s and 2000s to rely on!
In 2010 Bill Gates was worth 50 Billion. He is now worth 117 Billion.
He ain’t exactly coasting. He just has a higher PR budget than he did back in the 90s.
The machine doesn’t require a salary but instead of sending the money it saves to the workers it replaces it is added to the yearly profits, a three day work week with more automatisation can’t happen before that last part is reversed or there’s extreme deflation happening to compensate for lower wages.
Some of you [all rich folks] may cry but its a sacrifice I am willing to make
I do wonder if this is even a money thing as even OpenAI has warned investors that money in the future is not certain. Maybe we are going to be forced to look to alternatives other than money as the means of value?
Let’s just keep doing what we’re doing now
Yeah no shit. The problem is that capitalism hates it.
“Hmmm… Solve world hunger…Why don’t we do that?..”
“Sir, your dinner is ready.”
“The flies were wild caught yes?”
“From Botswana sir. Just as you like.”
Slurp
The Netherlands, Switzerland, Austria, Hungary and Denmark are all capitalist societies and run on <5 day work weeks. Capitalism is not the problem, North American society in particular is what seems to have the problem.
Netherlands, Switzerland, Austria, Hungary and Denmark
Each of which have about 2-4x union participation than USA, for example. Which indicates to me that they’re doing a better job of keeping capitalism at bay, not that capitalism is more benevolent in those countries.
We will absolutely have automation but the workers will just be fired and all profits will be absorbed by the stockholder.
No cost savings will be passed on the other consumer either.
The problem is that would be wildly unstable. The capitalist class can’t sell automated-produced goods if people don’t have any money because they’re unemployed.
However, those mass layoffs will make this quarter’s numbers go up, and everything else is a problem for next quarter, which is why they’ll do it.
They’ll milk it until society crumbles putting Bandaids® on problems until revolution.
Once AI and robots can do/make anything they want on demand, they won’t even need money, so don’t need to make money by selling stuff. For sure, they will probably have a tough time transitioning from the idea of making money, but they won’t need to any more. The rest of us could split off our own fairer economy, but they’ll probably have the IP locked up on all the technology so we can’t use it and have to keep working 5 day or more weeks.
Sounds great. Only question is how we get paid well enough to live. A question which went conveniently unasked and unanswered.
We should stop measuring our productivity in hourly and need to go back to salary well paying positions, or everyone needs to share the costs with UBI instead.
Good luck convincing companies to change anything that won’t make them more money. I think the only way it can happen is with UBI, hopefully funded by the hoarded assets of the few biggest companies and billionaires where all the money is getting accumulated.
Salaried wages don’t make sense for a whole lot of positions tho - like you’d have 0 manufacturing employees.
machines will make money for us too, everyone gets a magic money machine
How in the world did Bill Gates go from being a scummy unethical monopolistic figure to now some trusted guru on everything? I need an explanation.
Money = Infinity Stone
Remember when he depended on the workforce and labor of others? Then remember when he stepped away from running a company and stopped depending on labor?
That’s when he magically turned “for” employee rights and sustainability. Weirdly coincidental, I know.
I applaud and respect Gates for what he stands for now and what his foundation achieves. But he would be the first one to mandate return to office and be against anything that cuts into his bottom line if he was still running a company.
His foundation is a stack of lies. His desire is the same as it always was, control of what should be free.
He strategically bought HUGE amounts of land on top of Aquivers in us and many many other countries…
What he menas here is, HE can provide you with food IF YOU WORK FOR HIM
Here’s what would happen in capitalist America: entities would own those machines and use them as a means of personal enrichment, it’d displace a ton of human workers, the taxes generated from profits generated wouldn’t offset the economic impacts, and then half of the lawmakers would introduce bills that would provide lucrative incentives to those entities if they maintain a certain ratio of human workers and they’d staple a bunch of regressive crap onto it like abortion or whatever, it wouldn’t pass because the other half of lawmakers would want to tax the hell out of profits made with those machines, government would shut down 4 times a year, Jeff Bezos builds a vacation home on the moon
He’s ok with it as long as the machines are all running Windows, and he gets his fair share.
I don’t think ol’ Billy cares much about Windows anymore, I’ll be honest.
Given that he has flirted heavily with Samsung as of recently.
As an end goal, with something like UBI and rescaled salaries etc … yes, this obviously true.
The catch is that there’d be a transition period, with uncertainties and states of incomplete capacity either from the AI or the implementation of the rearrangements of salaries etc.
In that phase, there will be opportunities for people or companies to acquire power and wealth over this new future. Who will make and sell the AIs? Who will decide what gets automated and how and with what supervision. That’s where the danger lies. It’s a whole new field of power to grab.
that’s not a problem because I plan on rising to power soon and will not let that happen
When someone says technology will make your work easier, they’re looking for an excuse to make you work harder.
Or replace you.
Or force everyone to work part time, and drop benefits…
Farmers would disagree
Yes, but farmers also need to know how a CLI works and how to solder microcontrollers in order to get their machines working without forking over their firstborn to John Deere
It would be a great idea except it’s incompatible with capitalism. It would take away a lot of jobs from less privileged people and society would do nothing to support them. These people could then be exploited even harder due to job scarcity.
Would be nice though if we could have nice things.
it will NEVER happen as long as we live in an oligarchy in which the rich are dependent on the lower classes not only for their labor but they also need us to exist for their feelings of superiority. They need people below them to feel good about themselves, they will NEVER let us escape the wage-slave to profit vacuumer dichotomy.
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The easy solutiont o that is getting rid of the oligarchs then.
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I disagree, I think it’s always just about money. Power hungry-ness comes from the fear of losing your current position, the fear of not advancing and getting left behind. With power they secure the position they have. And it’s not just exclusive to the rich. You can see the exact same pattern in a random fucking McDonald’s.
If it was more profitable (and possible) to automate 40% of work at any given company (the ratio Gates said in this article), everyone would do it in a heartbeat.
Exactly.
So some kind of techno quasi-socialism. Sounds great. I wonder who’s gonna get in the way of that, Bill?
But are we still paid the same? Otherwise it would be working 2 jobs which one during “weekends”. Much worse.
Not if you’re a chef.
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What a stupid ass… yeah we’re just gonna magically erase all the inequality that YOU HELPED CREATE because robots can make us sandwiches. Sure. That’ll totally work out.
How are we going to get there, Mr Philanthropist?
That’s The Jetsons, Bill. You’re describing the setting of The Jetsons.
I mean, I wouldn’t be opposed to that kind of lifestyle, so long as you don’t ascribe to the fan theory that the Flintstones takes place on the ground below the towers
