Tech jobs are drying up and graduates are no longer guaranteed a role
businessinsider.com
businessinsider.com
Today the race between human and machines is not so much 'unfair' because of the machines' speed and efficiency, but moreso because of unfair taxes: people and businesses get to pay taxes for each hour of human labour, but receive tax deductions for using all non-human resources like energy, machines and offices.
It's time to rethink the tax and economic models such that a lot of people will benefit from machines' efficiency, not only the happy few who happen to be in control.
- filing taxes for each machine (companies may have millions of machines)
- determining how much income all machines make (for machines used by humans, e.g. sewing machines, how do you determine what percentage of the income is made by the human vs the machine)
- taxing cloud usage (How to determine netflix's % income made by cloud vs by advertising, by original content, etc)
Yes. It may be harder to figure out the definition of a machine - e.g. a computer can have multiple programs running, is it one machine? - but this is one direction.
> - determining how much income all machines make
Yes, it's tricky, but we can try. For example, some temporary measurements which can be updated every few years?
> - taxing cloud usage
Yes, we can measure power, bandwidth, network sessions for that.
Profit equals revenue minus costs. It is financially relatively interesting today to have a high cost (typically going to machines, buildings, energy, advertising, financial services and business trips), because it makes the (tax on) profits lower.
While this kind of behavior isn't new, I think its happening more often now.
Will software development be considered national security later down the road (like how making chips are) when most of it is done overseas? As I imagine it will be, along with AI.
Of course the bootcamps flooded the market as well, but H1B visa workers are another way to saturate the market, to keep costs low. I know they say they need workers with experience or training we can't get here, but you know most of the workers hired are just doing CRUD software, they aren't building an AGI-atomic-surgeon.
We don't need more people working for ad companies endlessly rewriting chat apps in the flavor of the month JavaScript framework. We need people doing useful jobs like building houses (or making house building easier), basic research, medicine, social work, plumbing, or HVAC.