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Rumor Mill News Reading Room, Current Archive

Dems are stuck in their old mindset thinking that the U.S. needs more workers when trends indicate that AI will take over many jobs

Posted By: NaturalWisdom
Date: Wednesday, 13-Jan-2021 05:52:06
www.rumormill.news/92404

On Friday the US Dollar Index finished just above the 89 level.

Parabolic January?
George Ure's Urban Survival Blog
January 26, 2018
https://urbansurvival.com/parabolic-january/

[snip]

The stock futures when I looked were up again this morning. Several reasons for that, but the main one seems to be the U.S. is beginning to abandon the “strong dollar policy” around the edges.

This has massive implications, but let’s start with the basics.

The “strong dollar” idea is that the U.S. dollar should reign supreme in many aspects of the modern world: Most international trades and debts are settled basis the USD (US Dollar). And, that’s a good bit of financial clout, but when you have the pre-eminent military – not to mention some of the world’s best financial engineers, what the hell, right?

EXCEPT that a strong dollar distorts the world economy and literally drives up-and-coming countries to make financial decisions that may not be in our best interests...

Let’s assume what will happen if the U.S. Dollar’s purchasing power (now strong) is cut in HALF.

Not going to be that extreme, but it is likely to come down.

First, a look at the import side: If the US buck is halved, the price of goods from other countries will double...

You will be almost compelled to BUY AMERICAN because all that stuff coming in from elsewhere would double in price. America(n) cars. American everything.

With the corporate tax rate down to 21 percent, what’s the point for Apple to sink more money into China when the landed cost of their phones and such stand to go skyward? Tim’s no fool – he sees it clearly. The US is back.

At the same time that import prices would be doubling, the value in onshoring would become dramatic. Maybe those call centers in the Philippines and Guyana seem like sweet deals now (sweet financially, not user-comprehensible, mind you) but if the US Dollar is whacked in half, suddenly ALL those jobs will be coming back to the USA.

Except, of course, when they get here, they will be automated...

Here’s the point most people will miss: When the US dollar comes down internationally, the economics will shift toward the AI/telephony folks (like Avaya) and we will begin to reap many of the promised benefits of AI, not the least of which is getting the low-end jobs done…just not with people...

...there is a schism between the major ownership classes in the world: Some want more and more people – with more and more concentration of power. Such folks are promoting their (heavily socialist) way of thinking – which I’d categorize George Soros, et al in.

But then, there’s this other class of “future owners” – and these would include the Trump-like thinkers who see the future quite differently: If we are going to be the world’s preeminent tech country, we don’t need dispersion of focus. We need one language, one concept, and not as many people. We need clean environment, reliable energy, more time off, but more brains. We need to move toward stability by modulating the changes of tech to something we can all live with – and prosper from.

Naturally, the political parties are too busy fighting with one another to even think – let alone articulate – this big picture stuff...

Those who don’t comprehend the new model of makers and doers, who have been busy spawning ineffective me too social media useless texters would have to be removed. An empowering class of thinking skill promoters instead of ultraliberal social engineering shills would emerge.

You see, this is why the democrats are on the losing end of history right now: They are trying to represent the workers…but that’s what’s going away. The UAW isn’t going to benefit from the onshoring of autos so much as the companies that make robotic assembly lines. Democrats are still promoting massive immigration, rather than massive AI, you understand. They are on the wrong side of a massive historical wave. Even many RINOs don’t get it.

But that IS where the future’s going – with ’em or without. It’s why Hillary lost. It’s why the would-be election manipulators in the FBI are going down. Because at its core, there’s still enough American Knowhow to see a Future and go for it – with gusto!

The picture comes into focus, though, only if you take the time to consider trends at their extremes. Like this halving of the dollar idea. Most people don’t have the ability to do that; to see it at the grand strategy level.

SOURCE



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AN EXPLANATION OF THE FACTIONS