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It's Over, Inslee has Won

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Comments

  • MikeDamoneMikeDamone Member Posts: 37,781
    Imagine, all it took was a couple of executive orders and an economic depression to lower CO2. Who knew?
  • ThomasFremontThomasFremont Member Posts: 13,325

    More room on the freeway for me!
    Better seats on the bus for me!
  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,516 Standard Supporter

    Better seats on the bus for me!
    Get all that virus, fam, eat!
  • Bob_CBob_C Member, Swaye's Wigwam Posts: 11,695 Swaye's Wigwam
    dnc said:

    Yep butt his messages of UBI and keeping people employed over robots would be wildly popular right now.

    Not saying he missed his chance, just saying the dems missed theirs.
    Yangs premise that AI and automation is coming is certainly right. I think the part that he isnt taking into account into his equation is the supply chain piece. We are going to be an on demand economy. Companies are going to be carrying far less inventory coming out of this debacle, and will shift to a more build as demanded by the consumer model. Less inventory means shorter and nimbler supply chains are required, it frees up cash flow to invest in automation. More automation means less advantage for China on the labor side.

    It all leads things being built closer to when and where they will consumed. That should be a long term benefit to the US economy. Probably why China has been so focused on driving up its consumer spending all those years.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 16,964 Swaye's Wigwam
    Bob_C said:

    Yangs premise that AI and automation is coming is certainly right. I think the part that he isnt taking into account into his equation is the supply chain piece. We are going to be an on demand economy. Companies are going to be carrying far less inventory coming out of this debacle, and will shift to a more build as demanded by the consumer model. Less inventory means shorter and nimbler supply chains are required, it frees up cash flow to invest in automation. More automation means less advantage for China on the labor side.

    It all leads things being built closer to when and where they will consumed. That should be a long term benefit to the US economy. Probably why China has been so focused on driving up its consumer spending all those years.
    This, but also that automation won't eliminate labor in the long term, just jobs in the short term.
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