What do each of US feel about Wealth Inequality.

Tucker said:
Yes you are rewarded more than your peers who don’t….but only to a point. Once you start earning too much, they come for you.
Even those who appear uber successful and become billionaires are totally controlled. They are ALLOWED to be this successful as they play the game they way the system tells them they should. Once they deviate, the system shuts them down very quickly. There are heaps of examples where billionaires lost it all….or should I say had it taken away?
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Can you expand on what you mean here with an example?
 
Tito Santana said:
People with disabilities have set backs and yes they need help. I actually believe the NDIS is a good thing to help those in need.

Outside of that, it’s game on. Like footy, the harder you work makes you create your own luck.

Cant stand people who feel sorry for themselves.
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Tito you work for yourself? Having your own businesses is where the real money is at. You should see the way online businesses are monetizing content with AI. Crazy world out there soon we won't know the difference between what is real and what is AI. And yes certainly the harder you work the luckier you get.
 
BZN said:
A machine may take your job one day.
Have you seen a '3D printed concrete house' yet? like the one on TV a couple of nights ago.
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Ai is not as extensive as we all think.

I actually work in this field,

Anyway thats another thread for another day
 
Spartan117 said:
No, I dont

But I certainly dont believe socialism or such is the answer either.

I handed out Bonus' and Pay increases to my team this week. Not everyone got the same. The Best and Hardest workers got More.
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Handing out the cheques must have made you feel good eh!

Oh, nearly forgot...did you see Donald Trump, who is a convicted Rapist and Felon's loyal servant handing out blank cheques to loyal workers a couple of days ago?
 
Deep topic, but I'll throw my hat in.

AI is changing the game. Jobs that were once a rite of passage, like working at Maccas, stocking shelves at Woolies or getting an internship after Uni will be pretty much gone by 2035.

The goal appears to be a society where people are placed into jobs based on their IQ and abilities. Everyone fulfils their roll, and somehow we become a more enlightened and prosperous society.

The question of inequality, is actually a question about value. The circumstance is that we currently value money over people.
 
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Spartan117 said:
Life should be a MERITOCRACY but it isn't.

For the most part Those who work hard get rewarded.
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Hard work in certain industries mate. I get paid very well in my job, but i know there those in aged care, hospitals, social work who are better people and dont focus on money.

Equating hard work to money is not correct. And if everyone focused on paypacket, we'd be a horrible place.

But regardless, the issue is actually not income. Its asset accumulation. Disparity will continue to grow as the outgoings, as a percentage of wealth, for super wealthy are a smaller than the rest. Meaning it just compounds and continues to grow.

We need better taxation on asset gains held in Australia. It also solves the problem of people moving overseas from income tax.
 
Tim Sheens said:
What "is not helpful to this discussion" for mine, is pretending that anyone other than the right is overwhelmingly responsible for our current disparity.

How about you come back to me on positive legislative measures that the right, both here and elsewhere has put in place and then we can have a discussion. Please search it up, along with those opposite. I'll wait.

I have hardly looked at home grown politics for 3 or so years, simply because I know that those in power are always moving the needle back towards relative equality, even though I want a lot more done and a lot quicker too. Still, for starters, the current mob lifted up care workers, made the coalition's tax cuts a hell of a lot fairer and still provided a couple of surpluses. More recently, we have seen bulk billing practices undergoing a resurrection, plus just this past week, student loan debt being substantially cut and an environment reform agreement.

Plenty more in between too, but not enough for me.
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Tim Sheens V Tom Shines...that's got a certain ring to it.
 
Leck said:
Deep topic, but I'll throw my hat in.

AI is changing the game. Jobs that were once a rite of passage, like working at Maccas, stocking shelves at Woolies or getting an internship after Uni will be pretty much gone by 2035.

The goal appears to be a society where people are placed into jobs based on their IQ and abilities. Everyone fulfils their roll, and somehow we become a more enlightened and prosperous society.

The question of inequality, is actually a question about value. The circumstance is that we currently value money over people.
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AI won't replace jobs. Those who are using AI will replace those who don't.
 
Leck said:
Deep topic, but I'll throw my hat in.

AI is changing the game. Jobs that were once a rite of passage, like working at Maccas, stocking shelves at Woolies or getting an internship after Uni will be pretty much gone by 2035.

The goal appears to be a society where people are placed into jobs based on their IQ and abilities. Everyone fulfils their roll, and somehow we become a more enlightened and prosperous society.

The question of inequality, is actually a question about value. The circumstance is that we currently value money over people.
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Good post Leck, and thanks for "throwing your hat in" on such a vitally important topic.

We were told many years ago, probably before you were born, that with the introduction of computers 'we would have so much spare time on our hands we wouldn't know what to do with it'.
As it's turned out the only ones with that spare time are the jobless.
Now it's AI 🙁.
But there should be space provided by all the Baby Boomers like me falling of the perch by 2035.
 
upthetigers said:
Tito you work for yourself? Having your own businesses is where the real money is at. You should see the way online businesses are monetizing content with AI. Crazy world out there soon we won't know the difference between what is real and what is AI. And yes certainly the harder you work the luckier you get.
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I do.
 
BZN said:
A machine may take your job one day.
Have you seen a '3D printed concrete house' yet? like the one on TV a couple of nights ago.
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Haha. Not going to meet compliance - and still needs to have land remediated, structural piers completed etc.

Also, if wanted to, I could focus 100% of my time on remediation. Effectively, fixing up all the shit buildings being built. Not glamorous but the amount of work there is and the rates I can charge, I’m not worried. In fact, I’m turning work away.

But that’s ok boys. Keep the AI is coming for me argument coming my way. Until a robot can do the FULL job of a plumber or an electrician, or a trade, spare me.
 
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