I agree completely. It’s government’s job to protect the downtrodden & redistribute income. Even people like Warren Buffett have pushed for higher taxes on the wealthy. So what actually happened? The tax cuts of 2017 went mostly to the top 1%. Sheldon Adelson saved 700 million. Not a bad return for the 30 million he gave Republicans for the 2018 midterms or the donations he made in 2016.
AI is going to cause many currently in the middle class and below to drop further down. I think UBI, universal basic income will be necessary. Finland has experimented with it and has seen promising results. Some US cities have tried or are trying it. Other countries are implementing it. Most countries not spelled America have universal healthcare. And WHO rates them higher than the US. (WHO rates US healthcare 37th, France is number 1) You’re also correct that income disparity causes other societal issues. Higher crime & earlier deaths to name two. Your kids deserve a fighting chance and if necessary government help. Sent from Yahoo Mail for iPhone On Tuesday, May 2, 2023, 12:30 PM, Matt Hogstrom <m...@hogstrom.org> wrote: Perhaps I’m just entering that golden period where I look at news like this and consider that technology like AI being unleashed has secondary, and negative, consequences of people losing jobs, income, etc. It makes the divide worse and causes angst, bitterness and redistribution of wealth as a necessity. One of my adopted foster kids will have difficulty crossing the chasm to make a living given some of his disabilities. It’s not just technology but there is an increasing societal consideration to be factored in. Matt Hogstrom “It may be cognitive, but, it ain’t intuitive." — Hogstrom > On May 2, 2023, at 12:11 PM, Lionel B. Dyck <lbd...@gmail.com> wrote: > > So sad. No more entry level, or trivial, jobs for those just starting out in > the job market. No more mail room to board room opportunities. > > > Lionel B. Dyck <>< > Website: https://www.lbdsoftware.com > Github: https://github.com/lbdyck > > “Worry more about your character than your reputation. Character is what you > are, reputation merely what others think you are.” - - - John Wooden ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
