Food: Dropping As A Share Of Disposable Income

We are repeatedly told how the value of our money is not going very far and we can purchase a lot less than we could in the past. People mistakenly tell us how inflation is killing our standard of living making us all poorer. Of course, they tell us this communicating to people around the world for free on devices that have more computational power than what could be purchased for millions of dollars decades ago.

The reality is that technology, which is fueled by money, ends up accelerating over time, raising our standard of living. Most do not consider what cost money in the past yet is free today.

Consider this article. How much would it have cost 40 years ago for me to get this information?

It is hard to tell but the analysis starts with some type of newsletter. Thus, it would have to have a mailing list with everyone on it. If a stamp cost 10 cents, that would mean sending it to 100 people is $10 in postage. Of course, we need to add in the cost of producing the newsletter along with the envelop to mail it. Would that run another $10? Perhaps it would be $20 to reach 100 people.

Of course, if I was a "professional" journalist, my article might appear in a publication. In that instance, the readers would have to spend anywhere from a quarter to a couple dollars for the publication.

Today, this is simply posted without cost to me on Leofinance while there is no charge to anyone for reading it.

Is this a simple case? Of course. But how often do we repeat this event in our lives today?

Technology penetrates most areas of life. Those industries where it has not, are the ones that have, so far, failed to see technological deflation. This is on its way though.

image.png
Source

Food Consumption

We all heard the fears that we will not have enough food. The fact the global population is growing, we are told, means there will be billions starving. This was the mantra since the 1960s.

However, the reality is our food production keeps increasing. We have more than enough food to feed everyone in the world. The issue is not with our production but, rather, the distribution. Since we do not get it to where it needs to be, many are going hungry. Hence, the fear for all those decades was unfounded.

Time is our most constant element. We each have only 24 hours in a day. Because of that, we can break down the hours we pu tin earning each facet of our basic sustenance. When we view things from this perspective, we can understand how much better things are getting.

Another way to look at it in terms of where does our money go. We already covered how Energy Prices Dropping As A Percentage Of Total Expenditures. Since this is a vital component of any budget, it is essential to have a firm grasp on it.

There is a second necessity that no household budget can overlook. That is f in how much of our overall expenditures are going to that.
ood
. This is something that we also need to frame properly to understand how things are truly going.

It should come as no surprise, as technology allowed for the increase in food production, we see a radical shift
Here is a chart detailing what took place over the last 60 years.

image.png
Source

It is evident that going out for food is on the rise although that as much as on would expect. Nevertheless, there was an increase in that category. However, what is happening with food at home, it tells a completely different story.

In 1960, roughly 13.75% of disposable income was spent on food at home. By 2018 this dropped to 6%, a decline of 56%.

Perhaps people eating out more caused a decline in the at home numbers. Even so, we can see the overall went from 17% of the disposable income in 1960 to 11% almost 6 decades later. That is still a drop of 35%.

Of course, this is a much different story than we hear from the masses. We are told how we are spending more for the basic necessities when, in reality, we have more income to spend on other things. As food and energy consumption requires less of our income, we can afford things such as Netflix, Spotify, or a new smartphone.

Exponential Technology

Many will look at this and claim the trend is over. The above chart cuts off in 2018 so many will state that, since we saw a recent run up in prices, that will last forever.

If we look closely at the chart, we can see there were periods where the trend did temporarily go the other way. It was not a reversal, just a momentary condition that, ultimately, resulted in a return to the longer term norm.

As for this concept stopping, just take a look at what is taking place right now.

image.png
Source

Many do not think of agriculture as high-tech but this shows how this is one of the most advancing industries there is.

Just look at some of those categories:

  • Drones and Robotics
  • Smart Irrigation
  • Sensors
  • Animal Data
  • Farm Management Software

This is advanced stuff. Agriculture is a technology industry and here are 100+ firms that are working on pushing things even further ahead.

And one thing we know about technology, when it enters the picture, it drives costs down.

Therefore, do not buy into the claims that we are falling further behind. The reality is that technology is penetrating every industry. This disruption is going to eliminate obsolete companies while allowing more efficient entities to take over.

This is simply how it works. We are in an exponential technological era. We are going to witness exponential deflation.


If you found this article informative, please give an upvote and rehive.

gif by @doze

screen_vision2025_1.png

logo by @st8z

Posted Using LeoFinance Beta



0
0
0.000
39 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 83 of my contest just started...you can now check the winners of the previous week!
14

0
0
0.000
avatar

I'm always learning. Facts put the fear messaging into perspective.

0
0
0.000
avatar

I hear your points and at a intellectual level, it sounds right, but I bought some $12 milk today, which isn't that big of a problem for me, but I'm watching my kids try to raise young families in this economy and it's rough.

I hear your points, but I guess I haven't digested the message yet.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Certainly right now prices shot up. We had disruptions all over the global supply chains, one that have not resolved themselves. This is something that will take time.

Sure car prices are up right now. But how many take time to consider they go twice as far as once from the 1970s and 1980s? Whereas those were dead at 120K, a new car today will go 240K without much issue. Also, the MPG is much higher.

People look at things right now and that is all they focus upon.

Finally, looking at the price of milk for the young families does not take into account what they are making. If they are making 1970s wages, that is a problem. Since most are not, things are different in terms of their income statement.

Hard for people to believe this when pries are elevated yet short term focus, which is what humans excel at, skews what is truly taking place.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Yes, food dropped as a percentage of total expenditure over the past few decades. But food prices have been rising over the past two years, and more steeply over the past few months. If this trend continues, food will once again account for the most expenditure in many people's budgets before long. I'd love to see that chart with 2019-2021 added on.

0
0
0.000
avatar

Yes they have yet the mistake is to believe that food prices will continue to go up. While they might have some higher side, there is a limit to what people can spend.

However, to get an idea of historic proportions, just look at the commodity prices of food on 10 and 25 year charts. This will tell you what some of the different food prices are in terms of their all time highs.

https://tradingeconomics.com/commodity/wheat

Posted Using LeoFinance Beta

0
0
0.000
avatar

You have left out many facts that need to be addressed. While food production has increased, food quality has decreased. In order to grow more, we have modified our agriculture. GMO's are prevalent in the food chain and the run-off from fertilizers in many cases has resulted in the contamination of local groundwater sources which in turn are causing health issues for the residents in these communities that use well water. Vegetables today which are mass-produced are not nearly as rich in nutrients as produce grown 50 years. These conditions have led people back to organic alternatives, and don't even get me going on the meat industries, anti-biotics, steroids, chemical feeds. Remember whatever they eat you're basically eating too! So let us look now at what it cost to eat if you don't want to eat pre-processed or mass-produced unhealthy foods. Hmmm, guess we just added about 30-50% cost to eat quality food that won't cause cancer or birth defects over the course of your lifetime. Seems like there is a cost involved with your analysis that you failed to include - oh now let us add in the cost of medical bills for later in life from eating a poor quality diet of GMO's, antibiotics, steroids, and the rest. WOW, food just got really expensive!!! Now add to all THAT inflation and look again at what happens to your chart. Beef prices in stores are up by 20-30% where I live, produce is up about 8%, chicken is creeping higher at about 5%, fish is through the roof, dairy products 7-10%. Nah my disposable income is indeed eaten up by an ever-increasing grocery bill. I'm upvoting you but not for the accuracy of content but because of your sincerity and the time you put into writing a posting.

Another thought about world population - at some point, the scale will tip and we will no longer be able to produce enough to feed everyone. When that starts to happen the food supplies will hyper-inflate and people WILL begin to starve. With more people comes less land for agriculture, less land means less production. Fortunately, at current rates of growth, you and I will not be here to experience those times but it will start accelerating at some point, the more people the more births. Sorry for being a buzz kill but that is mathematics and science,

0
0
0.000
avatar

While I am not too sure about your first point, I kind of disagree a bit about the world population since the population growth is going down. So I don't think it will hyper-inflate.

Posted Using LeoFinance Beta

0
0
0.000
avatar

You might find this interesting.

World Population Clock

While the population growth has slowed slightly there is no statistic I have seen that shows it "going down" at any point. Even with the many Covid deaths in the last 2 years.

Also regarding my first point, the following article is just one of many written over the last two decades regarding food quality decline. This one appeared in Scientific American on April 27th, 2011.

Have Fruits and Vegetables Become Less Nutritious?

There are also many reports and research papers written on fertilizers and groundwater contamination.

0
0
0.000
avatar

While the population growth has slowed slightly there is no statistic I have seen that shows it "going down" at any point.

There might be no statistic that it is going down at this point, there is clear evidence that we are seeing where it is going.

Here is the math:

  • Fertility rate in China: 1.6 admitted by the CCP (believed to be closer to 1.0 by demographers who study it)

  • Child bearing age women outnumber men in that age bracket by 30%. So while the fertility rate is one thing, the number of women who can get pregnant is way down. China is the world most populous country and many believe they are already starting their population decline.

  • India, the second most populated country, latest fertility rate 1.9, below replacement level.

  • The developed world fertility rate: 1.7

  • Sub-sahara Africa fertility rate dropped 50% in the last 25 years, from 10 to 5.

So while there is no drop as of yet, it is so 1970s to believe in the overpopulation mantra. The evidence (and math) is clear that child births are dropping like a rock. We know that as economies move away from agrarian, there are less births. There is also decades of evidence that when urbanization takes place, kids are more expensive, hence couple reduce the number.

Thus, even though there might be a migration in the developed world from urban to rural to some degree, the reality is the highest birth areas are going to enter their urbanization process just like we saw in China. This will result in their fertility rates coming down even more.

So once again, while one could make the case of overpopulation in 2010, as of 2020 it is a far-fetched theory.

Even research funded by Gates, a known over-populationist (and some say eugenicist) says the peak will be in the 2060s. This was done last year.

Do not be surprised that if we see research in 10 years that pull this forward into the 2050s and an expected peak that is lower than the 9.7 billion projected in this report.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Still what you are stating is only theory at this points well and the world population clock keeps ticking on. It's kind of like predicting where the crypto market will be tomorrow, next week, or a year from now. China is also known to have already instituted population control in urban areas requiring citizens to have "permission" to have a child. The almost slave-like conditions of rural Chinese with poverty level supplies of food and water has deterred population growth because hey, who wants to have a child when you can't even feed yourself. Looking to China for an example or demonstration of proof lacks credibility because of this. I'm really not overly worried either way, like I said we will both be long dead before this proves out. As long as the replacement number is above 1.0 worldwide the population is growing.

0
0
0.000
avatar

"I'm really not overly worried either way, like I said we will both be long dead before this proves out."

i'm not shocked this makes sense why the world is such a crazy place. that thought process

Posted Using LeoFinance Beta

0
0
0.000
avatar

At least reply with a full sentence that makes sense and explains why you feel the way you do. Criticizing someone else's thought process with a poorly crafted response doesn't do much to justify an argument.

0
0
0.000
avatar

Well let me explain. Alot of the world thinks the same way as you. For example alot of the world is interested in short term gratification and the condition of the world and our systems only as it pertains to them. It's like the guy who dumps toxic waste in his backyard to avoid a $10k dumping fee.

He'll save money and the only fallout will be maybe in 5 to 10 years everyone in that neighborhood receives cancer. Based on him dumping the toxic waste or being complicit in the contamination. Eitehr way it wouldn't directly harm him. It may harm his children and future generations etc.,

The hive community is exactly this way. Now i do agree with many of the things you said about the confusion of production over the quality of production. The author of this article constantly talks about production and namely likely profit and if people can be more profitable.

Now profit doesn't necessarily consider quality nor care if there is any. So you could end up with a ton of crap food like in the novel soylent green. Where you eating all this crap and all the agricultural farms eventually have been seized by a corporatist government which uses the same system of capitalism they use now. However nobody cares or can do anything about it because they already had signed their own lives away. Based on false assumptions and ideas about what freedom is.

People who really care and want to change things do the necessary things. They don't sit around talking about what the big bad governments do. We know these people we seen them in history. They all the freedom fighters and people who fought and got some change they want us to do the rest.

You accomplish that by doing things that make sense. Profit over quality productivity is not a win. Wallstreet and investment companies that make peanut butter taste more peanut buttery and chocolate taste more chocolately not a signficant issue that fixes problems in the world.

Business after business after business built on the blockchain is not the solution and be all end all for the height of what we can accomplish on the blockchain. That's small insignifant thinking. The world doesn't need some new ragtag small penny stock unregistered security company. Let's think bigger and design projects that change the world. Thats why we here and get excited about being here. We not excited about doing the same silly things we do already in our capitalistic economy.

I see in you all shortsidedness and purpose for short term gratification. This is how i view the hive community as a whole. As a hive mindset that unfortunately has cheapened this technology. Has cheapened this technology all controlled now by those who lack vision.

Maybe i should have kept my response short, lol.

Posted Using LeoFinance Beta

0
0
0.000
avatar

You see in me short-sightedness? I'm the guy who calls out the author on the fact that quantity is not the solution and creates an inferior product, not only that but creates additional problems like groundwater contamination and long-term health issues!!! You say my way of thinking is the problem? I'm the guy that raises organic food in his backyard using soil amendments and not chemicals. I'm the guy that's composting his waste to use in the garden. I'm the one looking at inflation from a REAL standpoint from facts because quality food that is healthy is becoming more and more expensive. I think you're mistaken here on who really cares. It's easy to defend a point when you refuse to accept statistics and facts, under that pretense I can prove that the world is spinning backward because any science that is used to argue against me is politically tainted and motivated. My attitude was a factual statement, he is arguing he is right, I'm defending my viewpoint, the point was neither of us will be alive when the time comes that will prove which is right. At least I had links to some real data supporting my standing which is more than the author had. The think ahead generation isn't as smart as they think they are either, the state of California in the United States and its population like to boast how green they are and how climate aware they are, and yet their highways and cities are littered horribly with garbage. They will go so far as to ban drinking straws and yet the San Joaquin valley flushes tons of fertilizer runoff into groundwater and streams that pose a threat to human, animal, and aquatic life. Everyone is big on the fact that we farm more food now than we ever have without taking into consideration the expense not only to the consumer but to the food chain itself. Bees are being affected at an alarming rate by chemicals used in farming and genetically engineered crops. How much food will they produce when the bees are gone? So please explain to me again how I and the way I think am the problem!?

0
0
0.000
avatar

You did and i give credit for that. I think the problem is i know people in the future have to live on the earth. Same as i was born on a earth that isn't totally destroyed yet. People on hive live and exist on a ponzi scheme pyramid like system. Which mostly includes themselves. They don't think on a wavelength of make the world better for others. They don't think on a wavelenght of make the chain something beneficial to everyone and that most people would want to use.

They treat this like a limited supply product they gotta dump before someone else does lol. that's the problem i had with you. That thinking is similar. however i do give you credit for atleast understanding the flaw in their argument of abundance. That yes we may have some crappy form of abundance. We got it now and we still keep opportunity and food and quality of life out of the peoples hands.

This post has received 1 BBD coin

Posted Using LeoFinance Beta

0
0
0.000
avatar

You don't know me or my motivation for being here. I was driven to hive by a company called Facebook and another one called Twitter. The censorship and manipulation of information were what drove me. While I like the monetization aspect that wasn't my motivator. I seldom venture into Leo Finance, and while I have crypto investments it's not really my cup of tea. I'm a gardener, photographer, and amateur chef. My wife and I are also philanthropists of sorts and I am semi-retired. HIVE for me is an outlet to share some of my creativity and life loves with others much like I use to do with friends on Facebook. You might laugh but Splinterlands was how I discovered this place. I was an old-school Magic the Gathering player and ran across Splinterlands accidentally following internet rabbit trails one day after installing the Brave browser. You see for an old fart I'm pretty forward-thinking and Brave, HIVE, Splinterlands all screamed to me of a different and better way to do things - taking the money from the hands of corporations and putting it back in the pockets of people. Yeah, so here I am, writing posts on eating healthier, sharing my photographs, and playing Splinterlands. If I want to make money I'll do it on Coinbase where my investments are.

0
0
0.000
avatar
(Edited)

Yea it's nothing wrong with any of that playing splinterlands which is a good project and not taking things seriously. That's fine, however what many of us are trying to sell to the world is that the blockchain is a viable solution to solve many issues. Splinterlands did well but splinterlands can't do it alone. They are like the only project worth anything. Im a philanthropist as well. It's nothing wrong with just blowing off time on the chain. My calling is different. It involves using technology and society to advance mankind. So not everyones calling is my calling. That's why i only engage with people here on posts and information that talk about serious stuff. As i'm not here to play.You know what the problem is. You see facebook i know it has it's issues. However the company is trying to implement ideas like universal basic income that's going to help people forward in this destructive economy. The problem with many of these blockchains hive being one of them

It's corporatism masked as freedom and liberation. For example here you do have censorship. They use the downvotes to censor your post and take away money they say isn't yours. Guess who else says that when they do it? The government

They rule from an oligarchy and most of the participants have bad distribution and holdings of the coin. Which is completely opposite of projects like bitcoin myk and bbd coin which is free mining and a free coin you earn based on what you do and not who you do.

So the original idea behind this blockchain was good. Dan larimer was a buddhist a guy who really wanted to help the world. THey wouldn't let him do it. So he did the wise thing and left. i'd leave as well. Only reason i stay is the system seemingly allows free transactions. We know it's not actually free but it's better than some blockchains. THat's the only good part. THe rest is a total pyramid scheme. So what you do with that? I don't know but i do know this.. THe narrative of facebook is bittersweet. you use facebook at zero cost to everyone. the servers have to be paid. you don't pay them your data pays them.

I don't particularly have an issue with that in our version of capitalism is evil but you should reap the seeds you sow to an extent as well. Meaning i'm against theft and robbery which is how capitalism came into existence. I"m not against fair wages for fair work. So none of this is an escape from that. THis place is just another version of that with different players i would'nt call it liberation or free. You'll see how free it is if you offend the wrong people around here with power.

So i'm for the best situation for the people. Facebook wants to do ubi at some point i'm for that. i'm not for them taking your data without your permission or removing you from the platform without justifiable cause. However it's many ways to silence people on the chain or off.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Ok, I get that. And it makes sense, I understand where your coming from. I can't say I agree 100% but I don't think we are all that different at the core. I think we both want to create positive change in the world though we approach that from different directions. I think vilifying ALL capitalism is a bit extreme and this is why -

What about the guy that works like crazy, saves, and has a dream of someday working for himself and having a small successful business. He succeeds in this, in the end, due to his hard work, long hours, and self-sacrifice. His business eventually becomes prosperous and he is able to employ several people at a decent wage in turn allowing them to earn a good living and provide for their families. I see no evil in a system that rewards hard work.

That leads to my next question - How do you expect universal income to work? Will everyone just be locked into a specific amount and never be able to rise above it? Will everyone be required to work the same amount of time to pay for what they receive? We there be work requirements at all? Where will the money come from to pay everyone? Without capitalism where will tax dollars come from? or will there be taxes?

You have to understand, I'm 57 years old. I have heard this idea brought up time and again over the course of my life. I heard teachers talk about it in the 1970s. I read about it in books and newspaper articles. No one has ever come up with a viable way to make it work that creates a level playing field for ALL participants. I'm not saying the dream isn't appealing or not admirable even. I think personally I'd rather single-handedly try to solve global warming.

There used to be a saying that "If you are young and not a liberal you have no heart, and if you are old and not a conservative you have no wisdom."

Also, I get what you said about censorship here on the blockchain, I've seen whales and curators manipulating the system for their own benefit or reasons, the systems here is not perfect but it is pretty revealing. It's harder for them to hide and lie about what they are doing. I'll still take it over Facebook, I might get downvoted but at least my followers (friends) will still see my post and it can't be deleted. Right? You are an interesting character, I'm glad we met.

0
0
0.000
avatar

Yes but if we were the same you'd villify capitalism as well, lol. You'd know just how evil and misguided it is. So i probably have about 30-40k social media followers. I'm not big but people know me from my content and videos and advocacy. The thing is i started as an unapologetic capitalist.. I was really bad. I was a hotshot on wallstreet at 22. I worked for some of the biggest financial firms in the country.

I hold a series 3 and 7 license. I worked in mergers in aquisitions the last part of my career. So i was a really really bad and excuse my language shitty person. That's why i know how bad capitalism is and the amount of trouble we're going to have. I have a long vast history with money and systems.. I've run several successful businesses as well.

here's a problem and here's an interesting video you may relate to. it's a video about a robotic gourmet chef as you mentioned you were a chef.

So in your example you talk about the employer who works hard and his dream is to get to the level where he runs his own business etc., So that's a very common story right? How many times have you heard that story? Probably many times. Now often times the story doesn't result in a successful ending.

So what happens is there are a few terms that need to be corrected. The first term is capitalism being capitalism and not really neofeudalism. So this bedfellow of capitalism and government or what some may deem corporatism.. These are these mutated capitalisms that can only exist in a capitalistic system which is an issue. So to me intentionally or not they may as well be the same thing.

This type system isn't producing those type of outcomes. People are actually poorer than they were 50-60 years ago. in the 60's one job could support an entire family. Today if you meet a family where only one person has to work. We'd probably consider what was normal family life in the 60's rich compared to now where it's a miracle to find a household where one job can support a family.

So the hardworking guy in your example. The boots are often times so tight on his neck after taxation and cheap employers the chances of him going on to save enough money and get enough skill and education is so hard likely they won't ever fulfill that dream. This capitalism will simply end up a serfdom a feudal system. That's not just my idea. That's what prominent economist are calling it. It's that and it's becoming more of that everyday.

It's evil because slavery is evil. they are effectively saying do this or starve. Do this you won't be able to do anything else but this. This video is a great message from karl widerquist a big ubi advocate that explains a great deal in detail why it's so evil. THe people in it are unconsciously evil. They are they may not understand. Not everyone studies the markets and political systems. However they are vessels for not only the perpetuation of message to the defense of capitalism. They defend it. its like the opening verse in the matrix construct.

What does it say in the opening scene to the simulated matrix " the people are so hopelessly depended on the system they will do everything they can to protect it".. they don't know they are ignorant to the mechanism So the people can't see the evil per se , however just like in the matrix they knew something was wrong just like we do.

So if capitalism is totally evil and it is. No question about it after years of being a worshipper at the altar of capitalism. if it's so evil then what is the way forward. The way forward exist in something called the robot economy.

The robot economy is a scenario in which most of the labor required to sustain human life is automated. ... As jobs are displaced by automation.

Thats not a made up idea.. It's a real system. I completely get coming from the baby boomer generation etc., that this idea of work hard and you are rewarded for it seems right and true. However how often do you find that idea to be a false concept. This corelation between hard work in society.

The people who control the better part of this economy do you really feel like they work hard? I spent on years on wallstreet ethics in the workspace wasn't a strong trait for many of us there. They didn't care about ripping people off as long as they could skirt around the law. Where do you get this notion capitalism works that way? You may be talking about the guys struggling to feed their families that's their reality.

The even bigger issue is just like the video presented in the beginning to you the gourmet chef, there aren't going to be many jobs a person can do that a machine can not do. Now some would argue well that will just create new jobs in new areas.

The problem is the capacity of the cranium is only so big. Evolution hasn't rewarded us with more storage capacity. So likely the machines will outpace us in every way. What's funny is my uncle is a brick mason. He is in disbelief that a robot can lay brick faster than he can. People aren't really aware yet of the level of automation and in 5-10 years over 900 million jobs will be replacable by a robot.

To answer your question about ubi and how it works? So another misconceptoin about ubi is that it's socialism and that everyone is paid the same thing and every dime you make is controlled. That's not even remotely close to what ubi is. That is socialism. UBI is not socialism. I would argue it never was. UBI means universal. It doesn't give money to just needy people. It's not a welfare system. It does give what i would deem supplemental income what test better in phrase is a citizen's dividend.

Some would say it's the only true good capitalism that doesn't start at zero. Meaning of course you have the basic floor income and you're allowed to go on after that and make as much as you want or earn more whatever you desire. There is no precedence set that ubi would be the only wage you can earn.

UBI there are no work requirements it is unconditional often times. Some have proposed ideas like you have to finish school first atleast. You have to be 18 and older and be a citizen of the country. However there is no work requirement.

So as far as where the money comes from. There would be a robot tax and vat on automation itself namely any software transaction and any robot labor. i think this is more than fair in that people who own the ip on robots and create and pay people for that. yes they paid the person who sold it to them for it. they didn't pay us society who are heirs in this resource and rightfully so we contributed to there success in many ways and our contributions and these machines of theirs replaced human labor. So they should be made to pay up i think thats quite fair. I would also say this doesn't only need to include robot labor and software but as well land, resources and even human data which will be more valuable than oil or the oil of the 21st century.

Yes ubi been around for about 300 years now i believe it was first introduced to us by people like thomas paine and the citizen's dividend. Very american ideas etc., So yes i dont think those times were the right time. i think they could see this coming. However now the advancement of our systems and robotics is a concern i think it should be as big as global warming and nuclear proliferation to be honest. You talking about alot of people dying from complications of not being able to support themslves educate themselves. many will end up in prison and on drugs. it's going to create a big domino effect.

As far as hive fake idea about freedom and being censorship resistant. Yes you're right technically somewhere on the chain people can pull up your post. it can still be deleted by some of their front ends.. the posts that are hidden by downvotes sure you can still find it some place amongst tons of flags lol.

You can lose the money and etc., so you not free to earning it in that sense. However here's the only thing i would say about facebook taking your points of view into consideration. it is likely facebook will eventually implement some form of ubi and feed alot of people around the world. Hive is full of gamblers and people who participate in pyramid adn ponzi schemes,, lol. these casino personalities around here lol.

is it really likely that these guys will make the world a better place? its like 30 of them and the world is going to be greeat for them just not the rest of us lol. So what's more feasible? My thoughts are i'm always going to select the less suffering and most benefits to the people over some false idea of a person being free to exploit other users and people.

So some people around here call it freedom. A great philosopher once said freedom starts at breakfast. I don't care how free in idea or concept people think they are. What gives you freedom is the ability to have a meal and give your body sustenance so you can survive and be healthy lol. Facebook will probably solve that issue before hive.

Don't get me wrong. I don't support controlling peoples data. I believe one solution is opting for people to allow their data to be used and they be compensated for it. Seems simple enough to me. Doesn't have to be either or. I have a project bitcoin myk and bbd coin and a website. Totally free project. i'd invite you to check it out and subscribe to my youtube channel you can do that by clicking any video and type in ubi in the search and i have many many videos on it. Anyway good to talk to you didn't mean to type so long, lol.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Very interesting and definitely an inventive way to approach a very difficult problem. I do see two more problems though. First, when it comes to being a chef I have something your robot doesn't - creativity. Secondly, I'll only make a reference here to this to see if you have heard the term after your Matrix example - The Butlerian Jihad. There are three more minor problems to implementing this but I think they are going to work themselves out, those are Russia, China, and the United States. I going to watch some videos!

0
0
0.000
avatar

Sure but i'd have to push back a bit on saying creativity isn't something the robots don't have. I think creativity is also a version of experimentation and public acceptance. So a robot being able to come up with a gourmet meal, art, music.. evolving self learning ai's.. those type systems already exist.

You got ai performing better music than pop stars as holograms lol. you got cgi ai that can replace actors in the movies now. This tech is amazingly and quickly advancing. I think we may be overestimating human creativity lol. I don't think the machines will have as a big of a hurdle as some think. How many times have you questioned what looks good as art? lol

As far as works from Dune series etc., yea i do videos reviews on those type subjects. I'm familiar with the robot wars against humans etc., I also have reviewed the inspiration for Dune from Issac Asimov " Foundation" on the same channel. I do a variety of things on the channel .. crypto.. movies entertainment etc.,

Speaking of you being replaced by an ai as a chef. What if i told you that i'm the founder of a crypto project that already has an intuitive algo that can curate better than you can, lol.... Well technically anyway. bitcoinmyk.com if you post on there the system can directly tell what you posted. if you uploaded a photo or wrote an article. it then compares the post and activity to other posts and pays you certain tokens based on that.

Does all this automatically without human interaction. it knows to reward you based on what you do.. it's not an autovoter. it actually knows the difference between what you do on a post. This is why my project makes more sense. you don't have to live in fear with other whales etc., thats why they can't mass adopt hive but they don't understand that's not what people want. so likely they will adopt systems like bitcoin myk. i know it's just a matter of time. because although on bitcoin myk you can manually curate as well. its very inefficient that a human being will go to every deserving post on this network and find good articles to reward. it's just not efficient and we have a system that corrects that. So check it out.. check out my youtube channel you'll find tons of interesting things about robot economies and ubi and real important uses for the blockchain. not all this nonsense they do around here lol.

Posted Using LeoFinance Beta

0
0
0.000
avatar

ROFL "Thou shalt not make a machine in the image of a human mind!" Asimov and Frank Herbert are two of my favorite authors. I always wondered if psycho-history could actually be a thing with mathematics - if you have your way we could either end up with Omnious as our ruler or living on Trantor! Fiction is always most entertaining when it is on the edge of reality. Please don't write another long post LOL. You haven't made me a true believer but I will check your site. I find all this truly fascinating, I really do.

0
0
0.000
avatar

Haha, yea i'll keep it short and sweet. in chicago they already have a predictive crime ai to patrol areas in the future crimes should occur. So not psycho history but you can see how through computer data it's getting close to that. if you think about it ai is already pretty much our ruler. imagine if we try to really live now without computers. in conclusion i'll just repeat what Elon Musk said about robotics, ai and ubi. it's not something i wish would happen but is likely to happen. I guess. Maybe i'm the Hari Seldon of our time. You all are the galatic empire on the brink of collapse.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Sorry for being a buzz kill but that is mathematics and science,

People always say that when warping things so it carries no evidence of reality anymore. What people are promoting as science is bullshit and anyone with an objective viewpoint knows that science is nothing more than a propaganda machine.

Another thought about world population - at some point, the scale will tip and we will no longer be able to produce enough to feed everyone.

A concept that was started 50 years ago and was wrong for half a century. You even acknowledged that food production is going on yet you believe it will stop. What about vertical and climate controlled farming? Didnt we show there is a lot of innovation in that area?

While the quality of the food can be debated, the amount produced is evident.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think we will just agree to disagree, I will rely on science and research. So far they have done pretty well with the advancement of civilization.

0
0
0.000
avatar

Great post boss and thanks for sharing. Your facts are so true and I hope to see more

0
0
0.000
avatar

I also think it's a supply chain issue. I remember all those videos about how crops, eggs, meat and even milk were all destroyed since the farmers couldn't get them out. I have noticed that more and more of the produce is being made by larger farms (or corporate farms) and the smaller farmers are probably losing out. Then again the previous point I made is probably more of a guess after seeing what happened with the meat production plants.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I think it is beyond dispute that smaller farms are being squeezed out. This is sad but it was a trend set a number of years ago. Certainly there could be some issues as larger Ag corporations achieve the same status as Big Pharma.

And yes I do recall those videos. Fields of crops plowed over because the picking couldnt take place. Another factor is crop rotation was messed up, something that has an impact for a couple years.

Fortunately, there is a lot of tech going in this realm which means we are going to see massive advancements. The biggest challenge is to increase production where it is consumed. That will help a lot of the price along with starvation issues.

Posted Using LeoFinance Beta

0
0
0.000
avatar

We live in a paradoxical world. While our financial and political structures have deteriorated, technology has improved to such an extent that life is radically improving for most people on the planet.

Imagine how beautiful the world could be if people simply rejected the negative politics and if we had political leaders who stood against financial corruption rather than participating in the corruption?

Posted Using LeoFinance Beta

0
0
0.000
avatar

Politics are power and we know that institutions are purchased to help promote a particular agenda. Hence the media, scientific study, and other entities are promoting narratives made to scare people and force them to comply.

When we delve into the numbers, we see that what is being told to us by the mainstream media is not true. Yet people buy it from CNBC or Bloomberg the same way they do from CNN or FOX.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Oppositional thinking leads people astray. They tend to think that if a given group is wrong; then the opposition must be right. However, when the ruling coalition and opposition hold the same foundational views; then switching parties just changes the form of the underlying problem.

I think that, in the United States, the left is worse than the right at the moment. The left controls the schools; so it sets the foundations for the narratives that the ruling class uses to control the people.

The right fails because Conservative leaders seem to think that oppositional politics will somehow restore the principles of liberty. History shows that base oppositional thinking just leads to greater division.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Agriculture is getting better and everyday with the introduction of technology, food production has increased but in some areas as cost alot More because of bad economy.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Most of it is supply chain disruptions along with a cyclical move in commodities.

Over a couple year period, this happens (well the global supply chain screwup is new) but people do not look at longer trends.

Posted Using LeoFinance Beta

0
0
0.000
avatar

One of the big problems over that is that the people getting the less money from the food sales are often the farmers. I know that due to small salaries and bad work condition and bank pressure, in France one farmer commit suicide each 2 days.

There are a lot of things to do to make agriculture a better universe and most of that will be through social changes. Technology could really a big thing into that but one need would be to have more farmers and less technology.

For a long time I thought that would mean a more expensive food, because if the farmers need to pay 15 salaries per months instead of 4 and work slower they are loosing a lot of money. And that sounds totally normal, but nowadays the farmers are repaying enormous loans they used to pay their machines, drones, self driving tractors (that's a real thing). Things they pais often several millions with only the loans' interests bigger than their own salary.

Having the food on the speculative market is also making it really hard because the farmers don't really know how much they will earn at the end of the month, everything can change everyday. The industrialization making them need to buy more pesticides and fertilizers each year doesn't help.

In fact a lot of farmers who tried to work that way, with more people and less machines and a better respect for the environment with a natural culture are the ones who are making the more money for themself and who have the best results.

The problem is that making this would totally destroy a huge market of agriculture machines and AI research and not every farmer can choose to stop using some of their machines because they still need to repay the loan

!PIZZA

Posted Using LeoFinance Beta

0
0
0.000
avatar

Everytime i think you on the right track you bring it right back to this hive community thinking that is totally off lol. We know it's enough technology and machines and chemicals and drugs to grow food exponentially. Provided you may end up with 7 toes and 11 fingers after you eat it. You may still live to tell the story about it.

The problem has always been political and structurally. The issue is you all i call it insanity. In that you all say the same things, come to the exact conclusions but still act against the reality of the situation lol.

if you set up state controlled capitalism. In every single case the government with corporations will find a way to exploit it and game that system. Every single time. There will never ever be an exception to that. Now knowing that is how it's going to go. You know what you do?

You know what that is? You take the peoples money and value right off the table. You take their cut and give it to them. You don't worry about false ideas of what is fair. You don't worry about false ideas of what is freedom. "Freedom starts at Breakfast". The reality of mankind is that if you don't eat or can't eat because food prices are too high manufactured or nonmanufactured.

None of that matters. People die and get sick as a result of this. None of this what machines and technology can allow matters if the people don't get the benefits of it. I've said it before. I'll say it again. A microwave. Convection oven.. a high tech educational school, an autonomous vaccuum cleaner.

None of that matters if you can't afford to put the food you need to survive in that microwave. None of that matters medical science advancements if you can't afford healthcare. That is because your neofeudalist, corporate welfare controlling systems don't allow it.

I got an idea what about just try another system totally different from that? Not based on it's ideas they don't work for most of the people. if they don't work for most of the people you know what that means? It means it doesn't really work. No the answer is not double down on this approach. The people need to receive their money and resources off the top before anybody gets anything. Pay them first then do whatever they wanna do before the theft begins.

Posted Using LeoFinance Beta

0
0
0.000