patrick.net

mmmarvel says

But wasn't it cool to learn/finally know that you actually COULD divide by zero?

Is that what you learned ? You're wrong. It's also still true that multiplying by zero always gives you zero. This is why dividing something other than zero by zero is absurd. (but 0/0 is undefined too - possibly only by human agreement since anything close to zero divided by itself is 1).

I'm guessing you made some strange inference about a false deeper meaning of a removable discontinuity or something along those lines.

Rin says

New Renter says

Sales

That's exactly where I'm at today.

When I'd started in this hedge fund work, I was in the quant/IT support side for our prop trading algos, developing point-in-time risk analysis tracking with taxable audit trails. You might say that that was a "real" job in a BS sort of way, as it's far removed from industrial R&D.

Then, as funds flowed in and auditing protocols were finalized, I was spending more and more time, yakking with clients, to help sustain and grow the business.

Today, that's nearly 100% of the my job.

So yeah, Sales! Sales! Sales! I'm not the Wolf but perhaps, a Bobcat of Wall Street :-)

There you go - working in "hedge fund work" will completely remove any sense of reality. You won't even have to drink.

Rin says

I never learnt that part. Must have been sleeping in math class as usual.

No point is staying awake for those university classes as that theoretical convergence of the denominator towards zero, is based upon continuous function where dx - > 0 and then, you have an analytical solution for a derivative.

Real world data is discretized, in the 1/2, 1, 5, 15 min demarcations and thus, the denominator has to convergence upon a low noise threshold, for the result to be applicable, otherwise, it's just a random blip.

And that's all I can say, the rest is all voodoo.

You are worse then my professor. Have mercy, please.

monkframe says

There you go - working in "hedge fund work" will completely remove any sense of reality. You won't even have to drink.

"For the love of Money! Money! Money! And the fever getting higher

Desire, desire, desire, desire"

-Bono U2

http://www.marshallbrain.com/robotic-nation.htm

mmmarvel says

Strategist says

Most people cannot even add.

Sure they can ... just let me get my calculator out here. Wait, the calculator has been replaced by this app on my phone so ... what was the question? Oh yeah, so now I have the app loaded up, what math problem did you have again?

It's harder to use the apps then to add. Most people can't read either.

Rin says

http://www.marshallbrain.com/robotic-nation.htm

Seattle will be the first to have a massive robot invasion. They are doomed.

http://www.cnbc.com/id/101714388

Strategist says

Rin says

http://www.marshallbrain.com/robotic-nation.htm

Seattle will be the first to have a massive robot invasion. They are doomed.

http://www.cnbc.com/id/101714388

California is next.
Move over MMMARVEL, I'm coming to Texas.

Strategist says

Seattle will be the first to have a massive robot invasion. They are doomed.

http://www.cnbc.com/id/101714388

Psyche'd, as minimum wage laws are enacted, the rise of robots will accelerate. Soon, they'll be no more jobs and we'll have every man, woman, and child on welfare.

Rin says

Strategist says

Seattle will be the first to have a massive robot invasion. They are doomed.

http://www.cnbc.com/id/101714388

Psyche'd, as minimum wage laws are enacted, the rise of robots will accelerate. Soon, they'll be no more jobs and we'll have every man, woman, and child on welfare.

The teenagers will have a different minimum wage. I was more concerned about that. The school drop out rate is too high, and teenagers getting a job is too difficult. We don't need the crime.

Strategist says

The teenagers will have a different minimum wage. I was more concerned about that. The school drop out rate is too high, and teenagers getting a job is too difficult. We don't need the crime.

I think we're doomed, as a society. There's lots of unemployment in the 16 to 25 year old age bracket. Thus, gangs will grow and there will a lot of petty crime, as time goes by.

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Rin says

So yeah, Sales! Sales! Sales! I'm not the Wolf but perhaps, a Bobcat of Wall Street :-)

Remember the Turing Test?

Strategist says

Rin says

Rin says

Again it's a 10 to 1 compression ratio of former human jobs to future human jobs.

Is no one worried? Or has everyone accepted my prognostication?

The compression ratio in agriculture has been 40:1, from 80% of the population to 2%. The result was new industries, like movies and professional sports; i.e. leisure industries.

Nope, no worries.

By the time it happens, I will be with Pamela Anderson, Britney Spears and Madonna.

Exactly! New jobs for fine-tuning conversation skills of robots that mimic the bimbo bombshells. Wouldn't you want to have a personal hottie that looks just like PA, BS or M, yet can blow you like a fat chick, and pass the Turing Test? BTW, did the originals ever pass the Turing Test?

Reality says

The compression ratio in agriculture has been 40:1, from 80% of the population to 2%. The result was new industries, like movies and professional sports; i.e. leisure industries.

The next wave is no more human labor. Everyone will be living in a VR simulation and be b*ning models, like Raquel Welch & Sophia Lorens, living in their fantasies.

Rin says

The next wave is no more human labor. Everyone will be living in a VR simulation and be b*ning models, like Raquel Welch & Sophia Lorens, living in their fantasies.

What makes you think we are not already in one? What makes you think you are so lucky as to be born exactly to experience the change-over? What if the real change over already took place long long time ago, and everything you know is mere simulation? and why? Did something go wrong?

Reality says

Rin says

The next wave is no more human labor. Everyone will be living in a VR simulation and be b*ning models, like Raquel Welch & Sophia Lorens, living in their fantasies.

What makes you think we are not already in one? What makes you think you are so lucky as to be born exactly to experience the change-over? What if the real change over already took place long long time ago, and everything you know is mere simulation? and why? Did something go wrong?

Very simple, as I lay back on my coach, I should be feeling Raquel's b**bs, smothering my face. Well, it doesn't seem to be happening quite so automatically.

So, until that happens, I know that I'm living in the precursor era, before all of us, get what we want in a VR matrix.

Reality says

Rin says

The next wave is no more human labor. Everyone will be living in a VR simulation and be b*ning models, like Raquel Welch & Sophia Lorens, living in their fantasies.

What makes you think we are not already in one? What makes you think you are so lucky as to be born exactly to experience the change-over? What if the real change over already took place long long time ago, and everything you know is mere simulation? and why? Did something go wrong?

Interesting, calling this phenomenon " compression ratio"
The compression ratio is dynamic and tends towards a limit of zero.
All industries and all occupations would have the same limit - zero.

Reality says

Remember the Turing Test?

Why do we need a Turing test? If something, which looks like let's say Marilyn Monroe, goes up to me and says, "I want, your c*ck, inside me", she'd flunk the Turing test, as it's clear that no such phenomena would ever occur with a real human, however, it would definitely pass my test :-)!

Rin says

Reality says

Remember the Turing Test?

Why do we need a Turing test? If something, which looks like let's say Marilyn Monroe, goes up to me and says, "I want, your c*ck, inside me", she'd flunk the Turing test, as it's clear that no such phenomena would ever occur with a real human, however, it would definitely pass my test :-)!

Dude, it's clear you wanna hump something with circuits. Just build yourself a love robot and be done with it!

Strategist says

Seattle will be the first to have a massive robot invasion. They are doomed.

Strategist says

Move over MMMARVEL, I'm coming to Texas.

Sorry, no room. However, Illinois or Michigan look like they might have room (or houses) to spare. Sorry, borders here are closed.

Rin says

The next wave is no more human labor. Everyone will be living in a VR
simulation and be b*ning models, like Raquel Welch & Sophia Lorens, living
in their fantasies.

And somehow, deep down, I get flashbacks of how humans were portraited in the movie Wall-E. Sitting in comfie chairs, sipping on big gulps, watching everything via virtual; meanwhile they are fat as pigs and pretty much unable to accomplish even menial tasks that require any kind of physical effort.

Strategist says

All industries and all occupations would have the same limit - zero.

Which you can then divide by. And you thought calculus was a waste of time.

mmmarvel says

Strategist says

Move over MMMARVEL, I'm coming to Texas.

Sorry, no room. However, Illinois or Michigan look like they might have room (or houses) to spare. Sorry, borders here are closed.

Never stopped the Mexicans.
Maybe the "border closed" sign should be in Spanish.

Grocery stores tried these kiosks. They work pretty well except that every 10 minutes or so, an idiot comes by and shows the system isn't, er, idiot-proof. The idiot doesn't know how to use a bar code, or won't click on the screen after they use their credit card, etc. So many stores yanked them out and went back to old fashioned checkout clerks.

Then there's the cost of maintaining the machines and keeping them up to date. As the IT sector discovered, those guys cost money. So they sought to import a million from India. And then we get healthcare.gov or as it's also known as: Error 404.

There's ALWAYS a need for labor. Don't let anyone fool you. The problem is that the oligarchs want CHEAP but also SKILLED labor (or at least labor that pretends to be skilled.) Democrats need new voters as working and middle class whites flee the genocidal policies of the left.

PolishKnight says

There's ALWAYS a need for labor.

That's cause software is still in the prior paradigm of the 80s/90s. Understand this, many Fortune 1000 firms still use Oracle Forms, the biggest joke for a front end GUI, where the default validation is still the tab function. So wherever you go, you'll find that an entire form is rejected, if ppl don't tab around between their entries. The lazy developers seldom change Oracle's default behavior. This is basically the world of the old MVS mainframe type of stupidity. So if that's corporate America, I wouldn't expect anything more from a checkout kiosk.

But fast forward to a time where robots pick up the groceries for you. Then, no more kiosks, no more checkout counters. It's then either a curbside pick or a home delivery.

Rin says

many Fortune 1000 firms still use Oracle Forms, the biggest joke for a front end GUI

Oracle APEX is much better.

zzyzzx says

Rin says

many Fortune 1000 firms still use Oracle Forms, the biggest joke for a front end GUI

Oracle APEX is much better.

Good to know, as something's got to replace that legacy garbage.

Rin says

Is no one worried? Or has everyone accepted my prognostication?

Just because accountants and possibly actuaries (although I question the latter more) are somewhat superfluous in certain contexts (which really seems to be your chief example) doesn't mean that every job is. Carl Frey and Michael Osborne at Oxford who studies this suggest that accountants are indeed at very high risk, but other high paying jobs such as chemical engineers or dentists are not -- they created an index that evaluates various jobs for automation, and towards the top are telemarketers and Patnet's favorite, realtors:

http://www.economist.com/news/briefing/21594264-previous-technological-innovation-has-always-delivered-more-long-run-employment-not-less

In addition, the article points out that previous technological innovations has usually resulted in higher employment and higher wages after a period of adjustment.

People are made for work. If a job becomes so easy that one person can do it instead of ten, that frees up labor for different jobs that can tackle problems that were heretofore out of reach because of technical or workforce requirements. All that's really required for this to continue is a functioning system of economic rewards for productive labor, security, and resources.

As far as accountants go: I think they are a long long way from being obsolete. Auditors will always be needed to go over company and government finances. A good auditor will justify many, many times their salary in cost savings. A poor auditor will save at least ten times their wage. Why would you not hire someone with a productivity so high?

corntrollio says

high paying jobs such as chemical engineers

I've actually studied applied chemistry/chemical engineering and a lot of that training is based upon designing unit operations, primarily distillation towers. Aside from the day-to-day maintenance & retrofitting of such facilities, a lot of that design work has been computerized. That's reduced the actual need for ChemEs, dramatically since the 80s. Today, with the resurgence of the energy sector, they are primarily hired to help support fracking operations and transport but many alternate engineers: mechanical, civil, petroleum, geologist, etc are also involved there. The US has not build a new refinery since the late 70s. I'm hearing that there are plans on the drawing board but that's from a design firm, which had shed up to 80% of their headcount since the mid-80s. If these go through, great, some jobs for a decade but then what?

As for dentistry, that's heathcare and much of ancillary healthcare is about having ppl around. I think no one wants to enter a clinic and not see a PA or nurse but a machine. And lower paid dental hygienist are actually eating away at dentist's business over time, performing the routine fillings and cleanings, as not everyone needs a root canal or bridge, every quarter.

Quigley says

Auditors will always be needed to go over company and government finances. A good auditor will justify many, many times their salary in cost savings

Yes, but we already have these CPAs, bonded and licensed with the big three or independent. The field, however, currently has many more auditors than actually needed, once AI can churn through all the receipts and GL, within an 1/2 hour's worth of time. Then, the auditor's job is to put a human face at the end of the day and declare that the client's books are kosher.

Rin says

Quigley says

Auditors will always be needed to go over company and government finances. A good auditor will justify many, many times their salary in cost savings

Yes, but we already have these CPAs, bonded and licensed with the big three or independent. The field, however, currently has many more auditors than actually needed, once AI can churn through all the receipts and GL, within an 1/2 hour's worth of time. Then, the auditor's job is to put a human face at the end of the day and declare that the client's books are kosher.

I've dealt with auditors. A "good" auditor is a matter of definition. By the terms of the big auditing companies, a "good" auditor generates tons of work for the company being audited to justify their audits. Efficiency experts also seek to justify layoffs whether it makes the company more efficient or not. Lawyers sue companies not to make the companies more responsible and save consumers money, but rather to make a lot of money in legal fees.

Rin says

PolishKnight says

There's ALWAYS a need for labor.

That's cause software is still in the prior paradigm of the 80s/90s. Understand this, many Fortune 1000 firms still use Oracle Forms, the biggest joke for a front end GUI, where the default validation is still the tab function. So wherever you go, you'll find that an entire form is rejected, if ppl don't tab around between their entries. The lazy developers seldom change Oracle's default behavior. This is basically the world of the old MVS mainframe type of stupidity. So if that's corporate America, I wouldn't expect anything more from a checkout kiosk.

But fast forward to a time where robots pick up the groceries for you. Then, no more kiosks, no more checkout counters. It's then either a curbside pick or a home delivery.

Again, I've seen this attempted with home delivery here where I live. It's a great idea for seniors and such who can't drive but for most people, they like the idea of picking out their own fruits and vegetables and going though the milk counter to make sure they get the freshest milk (You know, take out the older milk in the front to get to the back.)

Walking through a supermarket, I can browse what's available more easily than on a web browser. I can look at the bread and make sure it's fresh. Or smells the way I like. I'm sure a virtual reality will eventually fix this, but for now, I think most people prefer old fashioned shopping when it comes to groceries and even clothes.

Rin says

zzyzzx says

Rin says

many Fortune 1000 firms still use Oracle Forms, the biggest joke for a front end GUI

Oracle APEX is much better.

Good to know, as something's got to replace that legacy garbage.

The same system that healthcare.gov was built on?

Sure, newer systems are great when they work and are built by qualified programmers and engineers who perform actual quality control on the work.

Yes, I've seen actual 33.3K modems used to transmit real estate orders to GSE enterprises. Most companies now communicate with those mainframes with the packets encapsulated over TCP/IP. Taxpayer money (30 million) was spent to port the tasks over to Java. After the money was sent to India, the port didn't work so they remained with the mainframe and outsourced it to CGI.

Sigh, that was 5 years ago. I remember back when 30 million was a lot of money...

PolishKnight says

es, I've seen actual 33.3K modems

That would be impressive. I've only ever seen 33.6K ones.

PolishKnight says

I've dealt with auditors. A "good" auditor is a matter of definition. By the terms of the big auditing companies, a "good" auditor generates tons of work for the company being audited to justify their audits. Efficiency experts also seek to justify layoffs whether it makes the company more efficient or not. Lawyers sue companies not to make the companies more responsible and save consumers money, but rather to make a lot of money in legal fees.

If that's your take on this, it sounds like you've only dealt with shitty CFOs who can't manage their auditors and shitty auditors, and also shitty General Counsels who can't manage outside law firms and shitty lawyers.

Rin says

Today, that's nearly 100% of the my job.

So yeah, Sales! Sales! Sales! I'm not the Wolf but perhaps, a Bobcat of Wall Street :-)

So if you're so awesome because you only deal with sales now, what's going to happen when there's no one to consume things, which seems to be the case according to your vision?

Rin says

Today, with the resurgence of the energy sector, they are primarily hired to help support fracking operations and transport but many alternate engineers: mechanical, civil, petroleum, geologist, etc are also involved there. The US has not build a new refinery since the late 70s. I'm hearing that there are plans on the drawing board but that's from a design firm, which had shed up to 80% of their headcount since the mid-80s. If these go through, great, some jobs for a decade but then what?

I think you misunderstood the use of the index. These are jobs that are less susceptible to automation. It doesn't dictate what depend for these jobs may or may not be in the future. However, the increasing pay of ChemE and petroleum engineers suggests that they're doing okay so far.

ask yourself this -- how many companies make products which are bought by robots?

I still don't see the endgame of total automation.

Most of our companies produce products for a vast global marketplace.

Smartphones, automobiles...

Much of that technology and industry is used either business to busines (B2B) or in the service of work (commuter cars on highways or rush hour trains).

Humans are not only the workers, but the consumers of that work. Even javascript coders are employed to serve millions who order clothing on Amazon. No paychecks, no millions...no e-commerce?

Or if Robots replace humans in building cars, then people don't have to drive cars to the factory where the cars are built.

And so on...

So is robotization really de-industrialization?

Solar, wind and hydrogen as an energy source falls into this category as well.

If we don't have to mine energy, or build equipment to mine it, then we don't need the gasoline to power the dump trucks and oil rigs.

What do we do all day, and how many of us, are the big questions.

corntrollio says

Rin says

Today, that's nearly 100% of the my job.

So yeah, Sales! Sales! Sales! I'm not the Wolf but perhaps, a Bobcat of Wall Street :-)

So if you're so awesome because you only deal with sales now, what's going to happen when there's no one to consume things, which seems to be the case according to your vision?

It's called an exit strategy. Very few ppl in the sort of prop trading/hedge fund world plans to do it till the golden years. It's about getting in, making a lot of cash while the going is good, and then, exiting for either full retirement or some sort of part-time consulting work.

I'm seeing myself as among the last batches of ppl, who'll be able to find work, as future generations will find more and more of the paying tasks automated.

corntrollio says

Rin says

Today, with the resurgence of the energy sector, they are primarily hired to help support fracking operations and transport but many alternate engineers: mechanical, civil, petroleum, geologist, etc are also involved there.

I think you misunderstood the use of the index. These are jobs that are less susceptible to automation. It doesn't dictate what depend for these jobs may or may not be in the future. However, the increasing pay of ChemE and petroleum engineers suggests that they're doing okay so far.

What makes you think that the current oil patch boom can't experience automation, as AI/vision processing algorithms improve? What geologists & petroleum engineers do is take samples and analyze the yield characteristics and production dynamics. In fact, when the computer science folks have a vision processing algo of the caliber it takes to make real-time analysis of the materials in the well, I could probably get together a team of engineers and help develop the rules so that the software could do that work, without having a major cast and crew surrounding the project. For my current job, that's sort of what I did with our risk assessment and audit tools, so that I could shift more into sales and client support. A business executive does not think about labor, he thinks about bring money to the table, and thus, if he's discovered that all he needed were 5 tech crew per well, as oppose to let's say 50, he'd pocket the difference. And given the kinds of salaries they make in the Dakotas, that 45 headcount is probably over $10M per year not including benefits and insurance/liability overhead.

Rin says

What makes you think that the current oil patch boom can't experience automation, as AI/vision processing algorithms improve? What geologists & petroleum engineers do is take samples and analyze the yield characteristics and production dynamics. In fact, when the computer science folks have a vision processing algo of the caliber it takes to make real-time analysis of the materials in the well, I could probably get together a team of engineers and help develop the rules so that the software could do that work, without having a major cast and crew surrounding the project.

You say so, but petroleum engineers' salaries keep going up for a reason. Are you saying that the CEOs aren't imaginative enough?

Also, I'm not saying it can't -- the index is saying it's less likely.