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Ariella 7/28/2017 | 12:52:11 PM
jobs <Pundits say the people working on maintenance and operations can shift over to innovation and developing new products. But can they?> 

@Mitch you hit on something very central here. Obviously, not everyone who has worked in maintenance and operation can move into innovation and develoment. One: there are never as many positions to fill in those area as there have been in day-to-day work. Two: those positions require more advanced skills and abilities that not everyone displaced by automation will possess.
JohnMason 7/28/2017 | 5:27:13 PM
universal income I understand there are some experiments going on with guaranteed universal income, in Finland, for example. That would be one solution. Someone in IT right now, or planning to enter, shouldn't count on that, though.
Ariella 7/29/2017 | 9:44:56 PM
Re: universal income @JohnMason you refer to this? http://money.cnn.com/2017/01/02/news/economy/finland-universal-basic-income/index.html That's only as experiment for 2,000 people now. That number of people is really small in a whole country, especially in the US.  Also $587 a month doesn't really go far in this country. You would still need food stamps, Medicaid, Section * housing, and other subsidies to just survive. So it's hardly a solution to replace jobs that give people a real living wage, not to mention a sense of purpose and pride. 
Susan Fourtané 7/30/2017 | 5:32:50 AM
Re: universal income Ariella – Here is a video explaining the reason of the universal basic income in Finland: https://youtu.be/8xPAlEkT0kk The sample of 2,000 people chosen at random to participate in the trial are not taken from the totality of the population, i.e. 5 million people. The 2,000 are part of the umenployment group of 170,000. All of those people are already receiving unemployment benefits, housing, and everything else. The problem that is presented many times is that those who are unemployed and receiving the benefits, housing, etc., can be too comfortable and not accepting a job that will pay them less than what they already get for doing nothing, or if the income they can earn doing some part-time work, or some freelance work will result in the reduction of the unemployment money they receive wthout the certainty that such part-time income will be stable after their unemployment money was reduced. So, the easy and safe way for keeping that money is not to take those jobs. What the experimental universal income proposes is to give the 560 Euros to those 2,000 people in the trial on top of the housing benefits they already have. If the current unemploment benefits they receive is higher than the 560 they can apply to receive more to equal the amount. The money is not taxable and they keep on receiving the same amount during the trial even if they get a part-time job, a freelance gig, or anything else. They keep all the money they get plus the universal income money. What they expect to see in the experiment is if with this universal income people are more motivated to look for employment and to accept part-time jobs which could put them back into the working life, and therefore increasing their confidence, social life, health, and motivation to get more work and stay employed. If it works, the current social system will be upgraded. The experiment is not intended to replace jobs lost. Its intention is to free people from stress and to give them support and motivation to have the right mind to look for emploment, to accept work even if it’s a partial income, to upgrade their skills according to the current labour market, and to get back into a working life.
Susan Fourtané 7/30/2017 | 5:34:45 AM
Re: universal income John – I think you would be interested in reading what I wrote here below about Finland’s universal income experiment.
mhhfive 8/1/2017 | 3:25:25 PM
Re: universal income There are several UBI experiments going on:


The results will probably be scattered successes and failures, as most economic experiments are. But hopefully, we'll just create a generous AI that can day-trade and create wealth from thin air to fund a UBI system that we can all benefit from.... 
Susan Fourtané 8/1/2017 | 6:24:38 PM
Re: universal income Mhh – Yes, I know there are several more universal income projects. There is one in Ireland as well that is not mentioned in that article, which, by the way, has a few inaccuracies. I explained how the one in Finland actually works because it was the one mentioned in the previous comments. Again, the point of the one in Finland is to improve an existing system which already gives money to the unemployed so there will not be much difference to how it is today. There are no homeless in Finland. The government takes care of the unemployed, reason why the current experiment is a variation to improve the existing system at the same time that tries to activate employment.
mhhfive 8/1/2017 | 6:46:58 PM
Re: universal income > "There are no homeless in Finland."

That is awesome. I didn't know homelessness had been solved anywhere, but apparently Finland did it. I wonder if their solution can be expanded anywhere else? How does Finland avoid a flood of immigrants...?
Susan Fourtané 8/2/2017 | 6:00:40 PM
Re: universal income Mhh — Yes, it has been solved by providing immediate permanent housing. It’s also a way of preventing health related issues. The government takes care about this. Studies have shown that providing permanent housing is more cost-effective for the government and is a humane way of dealing with homelessness. It’s heartbreaking to see people sleeping in the streets in countries where the problem exists. Finland doesn’t avoid taking immigrants. Free language courses are available to immigrants. There are also some projects that provide skills to help immigrants integrate into the society and find a job. With working and language skills they can be integrated rather than becoming a burden. There are some centres as well where they can participate in social and cultural activities related to their culture. This is very much promoted and supported. When you integrate people you don’t have problems. Once they are integrated they also become tax payers. Have a look: here http://www.caisa.fi/en/frontpage and http://www.caisa.fi/en/about
mhhfive 8/2/2017 | 6:45:32 PM
Re: universal income Very interesting info! I agree that immigrants can be a net benefit to any Economy once they've been integrated into society. I have to look into US case studies of Vietnamese refugees again. If I'm not mistaken, they have been a model example for how the US can absorb large numbers of immigrants with positive outcomes.
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