India will ban driverless cars in order to protect jobs

Re:India will ban driverless cars in order to protect jobs by nashashmi on Monday July 24, 2017 @10:03PM (#14844508)

What's the point of making things cheaper when it centers the wealth on just a few owners? When there are lots of workers working low income jobs versus just a few workers working high income jobs, it creates a healthier more distributed economy.

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Re:India will ban driverless cars in order to protect jobs by tomhoward on Tuesday July 25, 2017 @02:34AM (#14845598)

An estimated 2.3 Billion people now own smartphones. That number is growing at about 10% per year. All those people have access to the sum of all human knowledge and the ability to educate themselves almost as well as (some would argue even better than) the students of the most expensive universities.

They can communicate with anyone else at almost zero marginal cost, and can sell products and services to basically anyone else on the planet. All because things keep getting cheaper.

That's the point of making things cheaper.

Sure, a consequence of that is that the founders and executives and financiers of Google, Samsung, Apple etc are wildly rich. And that means they can (and do) invest in new products and services to keep improving peoples' standard of living, as well as funding benevolent projects.

It's pretty amazing if you ask me.

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Re:India will ban driverless cars in order to protect jobs by dorian-graph on Tuesday July 25, 2017 @02:59AM (#14845705)

> All those people have access to the sum of all human knowledge and the ability to educate themselves almost as well (some would argue even better) than students of the most expensive universities. They can communicate with anyone at almost no marginal cost, and can sell products and services to basically anyone else on the planet.

Is this even happening though?

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Re:India will ban driverless cars in order to protect jobs by tomhoward on Tuesday July 25, 2017 @03:25AM (#14845806)

Out of Coursera's 18 million registered learners, 1.3 million are from India with top registered learners hailing from Bengaluru, Delhi, Mumbai, Chennai and Hyderabad, the website said today.

Driven by the vast interest coming from Bengaluru, technology hub, nearly half of enrollments in the country are in technology courses such as computer science (25 per cent) and data science (18 per cent).

- http://economictimes.indiatimes.com/industry/services/educat...

Top Freelancing countries on Elance:

India $312,865,112/649,566 freelancers

United States $310,023,579/1,123,935 freelancers

Ukraine $72,429,514/29,341 freelancers

Pakistan $71,061,107/176,011 freelancers

United Kingdom $35,320,646/126,670 freelancers

Canada $31,379,228/85,639 freelancers

Romania $28,062,831/44,305 freelancers

Russia $27,416,743/21,045 freelancers

Philippines $18,261,489/178,725 freelancers

Argentina $17,796,295

China $17,518,704/28,752 freelancers

Serbia $13,600,638/18,577 freelancers

Bangladesh $11,092,326/66,970 freelancers

https://www.elance.com/trends/talent-available/geo#GeoRankin...

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Re:India will ban driverless cars in order to protect jobs by nashashmi on Tuesday July 25, 2017 @08:59AM (#14847328)

And when you try net income per person, you get:

   Ukraine  $2,468.54 
   Russia  $1,302.77 
   Serbia  $732.12 
   Romania  $633.40 
   China  $609.30

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Re:India will ban driverless cars in order to protect jobs by tomhoward on Tuesday July 25, 2017 @09:38AM (#14847590)

Thanks, I'm capable of using a calculator :D

There will naturally be a distribution of incomes among those people, with some people earning little or nothing, and some people earning a lot.

The point is that whatever the income a given person is earning, that is income that was unavailable to them before modern computing and communications devices became affordable to them.

That's money that people are using to build better lives for themselves, their families and their communities.

As I said, that is the point of making things cheaper.

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Re:India will ban driverless cars in order to protect jobs by closeparen on Tuesday July 25, 2017 @12:16AM (#14845082)

The point is that it delivers real, tangible quality-of-life factors, which typically matter more to someone's well-being than his feelings about aggregate wealth inequality.

I could stick it to the rich bastards who own energy stocks, but I'd rather be warm in the winter and cool in the summer.

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Re:India will ban driverless cars in order to protect jobs by alasdair_ on Tuesday July 25, 2017 @03:58AM (#14845970)

If wealth was a zero-sum game, thia would make sense. Fortunately, it's possible to create new wealth so that everyone is better off, even if some get richer than others relatively.

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