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It's people relying on the market to fix everything. It works quite well for some things but not so much as a social contract. CEOs in the past were not makin

It's people relying on the market to fix everything. It works quite well for some things but not so much as a social contract. CEOs in the past were not making the same kind of percentages but most of that was not based on the market, it was based on push back such as unions and not wanting to appear greedy.

jandrese 7y ago
The market is only good for optimizing cashflow. It doesn't care one bit about human needs or happiness. External factors are needed if you care about humans. Having a bunch of factory jobs replaced by a machine is an excellent example of this. People are blaming the management, but really it's the market forcing it. If the management here doesn't do this and their competitors do, they'll become uncompetitive and eventually go out of business. The worst part is that there isn't an easy solution to this. You can try to re-train those workers so they can get new jobs, but eventually those jobs will be automated away as well. You can try to make laws to protect the jobs, but this makes it inefficient and prone to corruption.
- conanbatt 7y ago
  My argument is the opposite though..the market is NOT targeting the most profitable places to attack. I would extend the "automate" to more the more generalized "innovate".
conanbatt 7y ago
Unions are plenty greedy. In SF, police officers make 400k, bart officials make 300k+ and firemen make 200k+. They are also part of the (general) problem. And all of those jobs should also be targets of automation.
- dahart 7y ago
  > In SF, police officers make 400k Where are you getting this data? “San Francisco offers excellent benefits and the current starting salary is $87,230 per year. After seven years of service a Police Officer may earn up to $129,896 per year.” https://www.sanfranciscopolice.org/your-sfpd/careers/sworn-job-openings/salary-and-benefits https://www.sanfranciscopolice.org/your-sfpd/careers/sworn-j...
  - conanbatt 7y ago
    https://transparentcalifornia.com/salaries/search/?q=police+officer https://transparentcalifornia.com/salaries/search/?q=police+...
    - dahart 7y ago
      So when I sort by pay, what I see is only one single record with a police officer making more than 400k, out of what it says is more than 200,000 people in 4,200 pages in that database. And there are only 9 people shown with base pay over 200k in all of California. I have no idea what the story is with Paulo Morgado, but you simply cannot claim he's representative of all SF police officers. That makes your comment seem pretty dramatically misleading... so how do you reconcile this with your comment above? Are you reconsidering your thoughts here? Doesn't the data you posted tend to not point at unions, or possibly point in the opposite direction, that unions aren't a factor?

jandrese 7y ago

The market is only good for optimizing cashflow. It doesn't care one bit about human needs or happiness. External factors are needed if you care about humans. Having a bunch of factory jobs replaced by a machine is an excellent example of this. People are blaming the management, but really it's the market forcing it. If the management here doesn't do this and their competitors do, they'll become uncompetitive and eventually go out of business. The worst part is that there isn't an easy solution to this. You can try to re-train those workers so they can get new jobs, but eventually those jobs will be automated away as well. You can try to make laws to protect the jobs, but this makes it inefficient and prone to corruption.

conanbatt 7y ago
My argument is the opposite though..the market is NOT targeting the most profitable places to attack. I would extend the "automate" to more the more generalized "innovate".

conanbatt 7y ago

Unions are plenty greedy. In SF, police officers make 400k, bart officials make 300k+ and firemen make 200k+. They are also part of the (general) problem. And all of those jobs should also be targets of automation.

dahart 7y ago
> In SF, police officers make 400k Where are you getting this data? “San Francisco offers excellent benefits and the current starting salary is $87,230 per year. After seven years of service a Police Officer may earn up to $129,896 per year.” https://www.sanfranciscopolice.org/your-sfpd/careers/sworn-job-openings/salary-and-benefits https://www.sanfranciscopolice.org/your-sfpd/careers/sworn-j...
- conanbatt 7y ago
  https://transparentcalifornia.com/salaries/search/?q=police+officer https://transparentcalifornia.com/salaries/search/?q=police+...
  - dahart 7y ago
    So when I sort by pay, what I see is only one single record with a police officer making more than 400k, out of what it says is more than 200,000 people in 4,200 pages in that database. And there are only 9 people shown with base pay over 200k in all of California. I have no idea what the story is with Paulo Morgado, but you simply cannot claim he's representative of all SF police officers. That makes your comment seem pretty dramatically misleading... so how do you reconcile this with your comment above? Are you reconsidering your thoughts here? Doesn't the data you posted tend to not point at unions, or possibly point in the opposite direction, that unions aren't a factor?