13 hours ago, Mike_Hunt said:

socialism always fails in the end. 

 

People defending capitalism at all costs as though it's a perfect system.

Lots of Thais working 6 days a week, 12 hours a day for low wages.

You're defending this? 

 

1 hour ago, Mike_Hunt said:

socialism always fails in the end. 

Norway?  Sweden?

12 hours ago, Jim Blue said:

Norway?  Sweden?

 

But not all countries are equal.

Some have large populations and little natural resources to share among its large population.

 

4 hours ago, HighPriority said:

So Musk is going to cancel his Tesla paycheck…?

 

I doubt it very much. 😆 

55 minutes ago, atpeace said:

Possibly but I do think he has stated he will increase incentives for top performers.  I don't know but he seems to be a smart fellow and assume he will pay those that are producing.  I definitely don't know enough about him. 

 

 He is anti-woke and definitely leans to the right but is that a reason to hate him ( not that you do)?  He is just looking after number one while he claims to be trying to save the world.  So he is acting as humans do...

 

I don't hate the man.  I am disappointed by the way he does business. 

 

Years ago I was reading about he spied on some of his employees. 

 

I read about a public spat he had with the owner of LIDAR technology who refused to meet his price demands and Musk in retaliation went vision based.  I think he makes some decisions on negative emotions, and I think vision based FSD will ultimately be banned by regulators.

 

I didn't like that he blocked Ukraine from Starlink at a critical juncture and I wasn't happy about the fatal crash where Tesla marked the data on the car for deletion (presumably to prevent the plaintiffs from accessing it) and claimed they had no record of it themselves.  Subsequently a hacker retrieved it from the car and Tesla found it when challenged.  They were ordered to pay a few hundred million dollars IIRC.

 

I don't like that he supported Trump and created DOGE.

 

I don't like the fact there is no oversight on what he does and his board are sycophants.

 

Most of my concerns could be addressed with proper corporate oversight.

 

Regarding shares, will he expand the share base and dilute existing shareholders?  I don't know how else he can do it.  That would p?ss me off if I was one of his execs.

 

I admire what he has achieved.

11 hours ago, NickyLouie said:

 

Bitcoin 

So one day a loaf of bread will be one price and the next day 10% up or down?

Sure,that will work out just fine.

10 hours ago, worgeordie said:

Good job I won't be around then,` for me cash is still king , been a very old bastard,

if I ask my daughter to get something for me at 7- 11 ,I say here's a 100 Baht , she

replies "I don't want cash" this is what the World has come too ,another thing why

doing certain things on the Internet ,like confirming your account on Google ,think

everybody has a mobile phone ,

If money is phazed out ,how will say the local mechanic do a job for cash and no VAT,

the tax man and government is going to know EVERYTHING....

 

regards worgeordie 

 

People will start to barter again,just like in the old days.

The governments will not like that at all.

3 hours ago, Mike_Hunt said:

socialism always fails in the end. 

Tell that to the Maga masses that are now depending on food aid!

They should totally refuse to eat!

Oh no! Social food!

Actually, Musk is making an interesting point but it takes getting past one's Pavlovian reactions to understand what he is about. Economically speaking, robots are the equivalent of slaves. The don't get paid for the value they create. Basically, their only cost is the cost of their manufacture and maintenance. So, if robots are working essentially for nothing and can substitute for human workers, who is going to consume what they produce? Well, if all  citizens and others specified parties are distributed government credits, they will. As Musk points out, for those who want to work, they can. Maybe earn some extra credits that way. Anyway, it doesn't seem that hard to get what he was driving at. 

His speech may appeal to those, many in the modern world, fulfilling thankless, unskilled, repetitive jobs carried out in an a-social environment.  But his vision is pie-in-the-sky.  He does not explain how the world he envisions will actually function.  No road-map.  One is invited to make a colossal leap of the imagination.

 

In pre-industrial communities and even to a degree in industrial times life could be harsh for the unprivileged majority, but had some sense of purpose provided by social relationships.  That is increasingly lacking today.

 

Work of one kind or another is necessary as both an economic and a social activity.  Without it society falls apart and life becomes meaningless.

 

Of course, the way things are going, with a plethora of mad-cap politicians, bureaucrats and plutocrats intent upon promoting warfare on an ever grander scale, we could soon be back to very primitive life-styles.  With much of our electronic-dependent world knocked out by radiation.

Imagine the unemployment rate for people whose only skill in life is talking about, moving, investing, counting, loaning, or manipulating money.

1 minute ago, John Drake said:

Imagine the unemployment rate for people whose only skill in life is talking about, moving, investing, counting, loaning, or manipulating money.

Now there's a happy thought!

4 minutes ago, ericbj said:

He does not explain how the world he envisions will actually function. 

 

Exactly the same as today. More than 95 percent of people will eat, watch TV, obsess on sportsball, eat, play video games, eat, and fixate on social media.

1 minute ago, John Drake said:

 

Exactly the same as today. More than 95 percent of people will eat, watch TV, obsess on sportsball, eat, play video games, eat, and fixate on social media.

Although with a lot more folks being glued to their seats, I predict a sharp rise in couchectomies. Probably performed by robots.

1 minute ago, Alan Zweibel said:

Although with a lot more folks being glued to their seats, I predict a sharp rise in couchectomies. Probably performed by robots.

 

Everything will be done by AI/robots. Everything. Even the Thai bum gun will follow the automated path taken by Japanese toilets. There will be no need for anybody to do anything at all. Which will leave the five percent to flourish in the arts, science, or philosophy. The rest will just look at Tic Toc and worry about soccer and the NFL.

I would say he is already living in such a world.  

 

2 minutes ago, John Drake said:

 

Everything will be done by AI/robots. Everything. Even the Thai bum gun will follow the automated path taken by Japanese toilets. There will be no need for anybody to do anything at all. Which will leave the five percent to flourish in the arts, science, or philosophy. The rest will just look at Tic Toc and worry about soccer and the NFL.

I, for one, will salute that 5%. Or would but I suspect it would be too much of an effort to let go of the mouse.

Just now, Alan Zweibel said:

I, for one, will salute that 5%. Or would but I suspect it would be too much of an effort to let go of the mouse.

 

A long time ago, I read a science fiction short story, where people's job was to consume. Every person had a quota they had to consume every day. That went for clothes, appliances, everything. And nobody could cheat simply by destroying something, because that would eliminate the "value" of work used to produce these items. Until one day, when someone use a robot to put wear on pants/shirts/jeans. And does the same thing with a robot in an endless loop wearing out electronics "naturally." The elite in this world were the people who were not required to own or consume. They could set back and relax and breathe. Maybe we'll get something like that.

2 hours ago, JBChiangRai said:

 

I don't hate the man.  I am disappointed by the way he does business. 

 

Years ago I was reading about he spied on some of his employees. 

 

I read about a public spat he had with the owner of LIDAR technology who refused to meet his price demands and Musk in retaliation went vision based.  I think he makes some decisions on negative emotions, and I think vision based FSD will ultimately be banned by regulators.

 

I didn't like that he blocked Ukraine from Starlink at a critical juncture and I wasn't happy about the fatal crash where Tesla marked the data on the car for deletion (presumably to prevent the plaintiffs from accessing it) and claimed they had no record of it themselves.  Subsequently a hacker retrieved it from the car and Tesla found it when challenged.  They were ordered to pay a few hundred million dollars IIRC.

 

I don't like that he supported Trump and created DOGE.

 

I don't like the fact there is no oversight on what he does and his board are sycophants.

 

Most of my concerns could be addressed with proper corporate oversight.

 

Regarding shares, will he expand the share base and dilute existing shareholders?  I don't know how else he can do it.  That would p?ss me off if I was one of his execs.

 

I admire what he has achieved.

OK, you have your reasons 🙂

 

I feel he is free to support Trump and create DOGE.

 

I had no idea Tesla's board were sycophants and honestly I seriously doubt you know either.

 

What type of oversight?  Does oversight always produce positive results?

 

As for pissing off execs, the execs have made it blatantly obvious they love the package and the pay for performance aspects of it.

 

 

You admire his accomplishments.  Do you admire his intellect and drive?  He is human and has many flaws as we all do but because he supports a politician you don't like, is no reason to dislike someone IMO.  Many out there hate on anyone that is not 100% invested in their tribe ( again not you I assume ).  Not me and that makes me a happy "free" man 🙂

 

BTW, thanks for not shouting your believes at me and calling me an idiot.  Shouldn't have to say that but well,,,  it is rare.

 

If money is irrelevant then he should be OK with me taking one of the yachts.

47 minutes ago, John Drake said:

 

Everything will be done by AI/robots. Everything. Even the Thai bum gun will follow the automated path taken by Japanese toilets. There will be no need for anybody to do anything at all. Which will leave the five percent to flourish in the arts, science, or philosophy. The rest will just look at Tic Toc and worry about soccer and the NFL.

Could happen and this would probably produce the same number of winners and losers in the game of life.  I don't need to work to create value in my life.  Work has created value but I moved on from that as a 41 yo and don't miss it in the least. 

 

Many here in thailand struggle without work in the same way they struggled while  working back in their countries.  It isn't work or non-work that defines a person.  Is is the person's ability to act on their plan and adjust to reality.  Crap happens and then you get on with moving past it.  So many just complain endlessly and never really change course.  It is too difficult.

2 minutes ago, cjinchiangrai said:

If money is irrelevant then he should be OK with me taking one of the yachts.

When did he state money "is" irrelevant?  He didn't 🙂

 

Some like to take and other create. Your post puts you in the takers category 🙂

17 minutes ago, atpeace said:

OK, you have your reasons 🙂

 

I feel he is free to support Trump and create DOGE.

 

I had no idea Tesla's board were sycophants and honestly I seriously doubt you know either.

 

What type of oversight?  Does oversight always produce positive results?

 

As for pissing off execs, the execs have made it blatantly obvious they love the package and the pay for performance aspects of it.

 

 

You admire his accomplishments.  Do you admire his intellect and drive?  He is human and has many flaws as we all do but because he supports a politician you don't like, is no reason to dislike someone IMO.  Many out there hate on anyone that is not 100% invested in their tribe ( again not you I assume ).  Not me and that makes me a happy "free" man 🙂

 

BTW, thanks for not shouting your believes at me and calling me an idiot.  Shouldn't have to say that but well,,,  it is rare.

 

Yes DOGE was so succesfull it now no longer exists.

3 minutes ago, atpeace said:

When did he state money "is" irrelevant?  He didn't 🙂

 

Some like to take and other create. Your post puts you in the takers category 🙂

And yours puts you in the troll category.

1 minute ago, jvs said:

Yes DOGE was so succesfull it now no longer exists.

That probably was an inevitable conclusion.  Like the man but he lost the battle of egos.  Doubt if the hurt will last long.  Elon will probably be doing amazing things in the coming years.

3 minutes ago, cjinchiangrai said:

And yours puts you in the troll category.

Because?  I just replied to your post.  Everybody doesn't have to agree with what you post dude.  How about answering my question?  You made a silly post claiming he stated money is irrelevant which he never did.  Not a big deal and I don't need to call you petty names.  Is that how you interact with people that question you. Seems  childish but whatever floats your boat.

4 hours ago, spidermike007 said:

It's pretty easy for this numbskull to utter such a spectacularly ignorant statement being the richest man in the world. Why doesn't he try struggling to make a living and then talk about money? 

I just look at what money has done to this freak, and all the others out there.

who wants a world like that. 

 

"Elon Musk Says Money Will Stop Being Relevant in the Future"

 

Is this so very surprising?

 

After all, one not need be a ROCKET-SCIENTIST to be able to predict the obvious.

 

There are very many things which will stop being relevant in the future.

 

The only question is:  How Far

 

Elon has also stated that:  Work Will Be Optional

 

And, he has said that work will become optional within the next two decades.

 

Still, my friend, Elon, has not considered that his statement about work becoming optional is patently FALSE.

 

For example, as we age, we realize that just getting out of bed in the morning is plenty of work, for most of us.

 

Elon's heart is in the right place.

Elon's every action is driven, primarily, by his great curiosity.

 

I very much admire EM, and I am not alone in my admiration for this great man.

 

Sometimes, it flabbergasts me just how much flak he attracts, and almost always for illogical reasons.

 

I guess...people have always been illogically suspicious of that which they are unable to understand, no matter how benevolent.

 

 

 

 

2 hours ago, Alan Zweibel said:

Actually, Musk is making an interesting point but it takes getting past one's Pavlovian reactions to understand what he is about. Economically speaking, robots are the equivalent of slaves. The don't get paid for the value they create. Basically, their only cost is the cost of their manufacture and maintenance. So, if robots are working essentially for nothing and can substitute for human workers, who is going to consume what they produce? 

Why do I think that a lot of people are going to get screwed over and not the robots ?

It could work! Very well researched sensible and reasonable approach, please see these docs, especially the last of the Zeitgeist ones..     https://www.thevenusproject.com/learn-more/documentaries/