Today I wanted to harp on why an imminent job recovery will likely never ever transpire within the economy. Higher labor force participation rates do not always connote with an economy becoming significantly more economically productive. The automation of more laborious processes, the greater utilization of algorisms, the greater prevalence of intricate software programs, and the greater integration of machines into the workforce will be the catalyst that triggers unprecedented increases in levels of economic production that attributes to significantly raising standards of living of consumers throughout nations. It is unequivocally an asinine non-prudent decision for corporations to leverage costly human capital, that attributes to causing them to offer less value to their consumers, in the form of their service offerings, when they have the autonomy to alternatively implement the wise prudent decision of being able to offer significantly greater value to their consumers in their services offerings and product offers by utilizing machines, advanced software programs, algorisms, and automated processes to facilitate their business operations. Machines do not require fringe benefits, do not stipulate pension plans from their employers, do not take breaks, do not protest, do not formulate strikes with other machines, do not experiences fluctuations in their levels of productivity amid their working lifecycle, and can complete certain niche tasks far more efficiently, effectively, and more productively than a human being, within finite limitations, ever could complete.
The integration of automated processes throughout the industries liberates human beings since it enables them to have more spare time to pursue their ambitions, passions, hobbies, and personal goals without needing to resort to completing the same monotonous drudge work to earn a livelihood, that they used to complete on a cyclic basis, since their former abysmal job is now being outsourced to a machine. As automated machines displace more members of the workforce, there will be greater disparities in wealth amongst consumers. With very limited niche prospective job opportunities available for citizens to procure, consumer purchasing amongst the private sector will plummet exponentially. At this point in a time, a basic income guaranteed may needed to be implemented across nations that restores purchasing power to the private sector, that allows competitive corporations to generate wealth based on the autonomous purchasing decisions of consumers apart of the private sector which render products superior based on their discretionary purchasing decisions, and basic income guaranteed may needed to be implemented across nations that restores purchasing power to the private sector that allows consumers to have subsistence without being confined to working a job they detest.
The institution of the guaranteed basic income would also likely elicit increases in economic production throughout our global economy since wealth enables people to pursue their worthwhile endeavors without having to forgo prospective career opportunities that they are adamant about pursuing as a result of living a lifestyle where they are relegated to perpetually working a job they disdain just to have subsistence. All forms of taxes should also be abolished to further restore consumer purchasing power. If an unconditional basic income guarantee (BIG) is not implemented amongst machines displacing more human employees, and if an unconditional guaranteed basic income is not ratified amid an unprecedented contraction of private sector wealth then services and products can potentially become virtually free to procure since corporations will not be able to reap financial net gains for producing their products since their target market lack any monetary wealth. An abundance of resources and the depletion of consumer purchasing power can potentially render the antiquated monetary system moot and can potentially lead to the abolishment of the antiquated monetary system. In a world with an abundance of resources and in a world where automated processes can perform nearly every job eminently, there will be no viable reason why human beings should resort to being enslaved by working a job they despise working just to gain subsistence when intricate machines can provide human beings with extremely high standards of living without human beings having to be confirmed to working. The automation of more laborious processes, the greater utilization of algorisms, the greater prevalence of intricate software programs, and the greater integration of machines into the workforce will prompt the spawning of an abundance of resources, higher standards of living, and will enable human beings to experience greater levels of autonomy within their finite lives. Perhaps it is inevitable that our global economy is preordained to eventually experience a jobless recovery if investments in technology are further embraced throughout nations. Technology can liberate humans from ever experiencing a dreary dreadful life where they are perpetually enslaved until retirement.
The integration of automated processes throughout the industries liberates human beings since it enables them to have more spare time to pursue their ambitions, passions, hobbies, and personal goals without needing to resort to completing the same monotonous drudge work to earn a livelihood, that they used to complete on a cyclic basis, since their former abysmal job is now being outsourced to a machine. As automated machines displace more members of the workforce, there will be greater disparities in wealth amongst consumers. With very limited niche prospective job opportunities available for citizens to procure, consumer purchasing amongst the private sector will plummet exponentially. At this point in a time, a basic income guaranteed may needed to be implemented across nations that restores purchasing power to the private sector, that allows competitive corporations to generate wealth based on the autonomous purchasing decisions of consumers apart of the private sector which render products superior based on their discretionary purchasing decisions, and basic income guaranteed may needed to be implemented across nations that restores purchasing power to the private sector that allows consumers to have subsistence without being confined to working a job they detest.
The institution of the guaranteed basic income would also likely elicit increases in economic production throughout our global economy since wealth enables people to pursue their worthwhile endeavors without having to forgo prospective career opportunities that they are adamant about pursuing as a result of living a lifestyle where they are relegated to perpetually working a job they disdain just to have subsistence. All forms of taxes should also be abolished to further restore consumer purchasing power. If an unconditional basic income guarantee (BIG) is not implemented amongst machines displacing more human employees, and if an unconditional guaranteed basic income is not ratified amid an unprecedented contraction of private sector wealth then services and products can potentially become virtually free to procure since corporations will not be able to reap financial net gains for producing their products since their target market lack any monetary wealth. An abundance of resources and the depletion of consumer purchasing power can potentially render the antiquated monetary system moot and can potentially lead to the abolishment of the antiquated monetary system. In a world with an abundance of resources and in a world where automated processes can perform nearly every job eminently, there will be no viable reason why human beings should resort to being enslaved by working a job they despise working just to gain subsistence when intricate machines can provide human beings with extremely high standards of living without human beings having to be confirmed to working. The automation of more laborious processes, the greater utilization of algorisms, the greater prevalence of intricate software programs, and the greater integration of machines into the workforce will prompt the spawning of an abundance of resources, higher standards of living, and will enable human beings to experience greater levels of autonomy within their finite lives. Perhaps it is inevitable that our global economy is preordained to eventually experience a jobless recovery if investments in technology are further embraced throughout nations. Technology can liberate humans from ever experiencing a dreary dreadful life where they are perpetually enslaved until retirement.