Sounds good to me, who would say no to free money?
I mean I dont know how I can explain it anymore, if you give everyone money especially poorer people, then the economy benefits, which means "everyone" is better off. I think you might be assuming I am poor, maybe even unemployed because of my posts. Certain people may not benefit directly but they will indirectly.
It is no coincidence once a country adopts social security their economies explode vs before adopting it.
Swedish Growth in International Perspective
The century-long period from the 1870s to the 1970s comprises the most successful part of Swedish industrialization and growth.
Table 1 Annual Economic Growth Rates per Capita in Industrial Nations and the World Economy, 1871-2005
Sweden
1875-1971 - 2.4
1975-2001 - 1.7
Rest of Nordic Countries
1875-1971 2.0
1975-2001 2.2 (Caracus2k note - I imagine this figure is *very* heavily skewed due to the mass extraction of Norwegian oil and gas in this period so isn't indicative, necessarily, of anything to do with the welfare states in the other Nordic countries in this time)
Rest of Western Europe
1875-1971 - 1.7
1971-2001 - 1.9
United States
1875-1971 - 1.8
1971-2001 - 2.0
Japan
1875-1971 - 2.4
1971-2001 - 2.2
World
1875-1971 - 1.5
1971-2001 - 1.6
Note: Rest of Nordic countries = Denmark, Finland and Norway.
Rest of Western Europe = Austria, Belgium, Britain, France, Germany, Italy, the Netherlands, and Switzerland.
Table 6 Annual Growth Rates per Capita 1971 - 2005
Sweden
1971 - 1991 - 1.2
1991 - 2005 - 2.5
Rest of Nordic Countries
1971 - 1991 - 2.1
1991 - 2005 - 2.5
Rest of Western Europe
1971 - 1991 - 1.8
1991 - 2005 - 1.7
United States
1971 - 1991 - 1.6
1991 - 2005 - 2.1
World
1971 - 1991 - 1.4
1991 - 2005 - 2.1
During the 1980s some of the constituent components of the Swedish model were weakened or eliminated. Centralized negotiations and solidaristic wage policy disappeared. Regulations in the capital market were dismantled under the pressure of increasing international capital flows simultaneously with a forceful revival of the stock market. The expansion of public sector services came to an end and the taxation system was reformed with a reduction of marginal tax rates. Thus, Swedish economic policy and welfare system became more adapted to the main European level that facilitated the Swedish application of membership and final entrance into the European Union in 1995.
Indeed... though the same arguments will keep on getting presented that this time it is different because [reasons]. In this case super duper magical AI.
You are misrepresenting the position. In many cases, it doesn't require any AI at all. Do you, for example, regard a website as "super duper magical AI"? The automated food ordering system in some food outlets as "super duper magical AI"? Automated stock monitoring using RFID as "super duper magical AI"? Etc, etc. I don't. I doubt if you do, either. It's just a convenient phrase to use to dismiss a line of argument you can't make a counter-argument towards.
No it's fine, you don't need super duper AI for computers in general or for steam power etc... I'm not seeing anything new here that is all. Just the same old luddite argument. super duper AI just seems to be the reason put forth by some as to why this time it will be different.
You're arguing that there is no significant difference between early (and very primitive) partially automated looms and suchlike and the recent proliferation of modern "phones" and a global comms system being used for numerous tasks that would otherwise require quite a few person-hours of work (to give just one example of increasing automation).
You're assuming that billions of person-hours of paid work per week will automatically appear in currently unknown areas of work for unknown reasons.
It's not a strong argument, to put it mildly, and you give no evidence or reasoning in support of it.
Of course this time is different - the technology is far better and far more integrated.
No it's fine, you don't need super duper AI for computers in general or for steam power etc... I'm not seeing anything new here that is all. Just the same old luddite argument. super duper AI just seems to be the reason put forth by some as to why this time it will be different.
Seems a pretty good reason to put forth why it will be different to me.
OK what technological advancement is being referred to if not AI?
I refer to technological advancement in aggregate.
Ok so why the record high employment we have at the moment?
because it includes zero hour contracts. I think the actual definition was that 10 hours work in 2 weeks is considered employed.
@Diddums — It's happening.
What has?