Uber lost more than $800 million in third quarter 2016

Wild self

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I haven't smoked in a while so I know I'm not trippin.

Wouldn't

Paying people who aren't working

Be the

Same as

WELFARE???????

Call it what you want but the money HAS to come from somewhere to pay people who are on the Coli all day.

It comes from the super rich elites that have enough insight to not want pitchforks at their front gates. :whoa:

If they want the populace to have disposable income to buy their products, they better have basic income on deck in the age of automation. Besides humanity in this point in history want to do more than work 40-60 hours per week.
 

Wild self

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It would eliminate the need for a majority of welfare programs because if everyone is guaranteed a basic income it eliminates the need for ssi, section 8, food stamps, unemployment and in some cases I've read about supposedly eliminating medicare/caid in exchange for a mandatory portion to go towards a "health fund/insurance". This is the majority of our budget already. The universal income has a much lower price tag if you are able to eliminate and cut the other welfare programs. It would also cut dependence on corporations to keep us employed with shyt benefits. The power would come back to resting with the people and our bargaining power would be much better.

I was looking at a map of mandatory vacation by country. America doesn't have one. CHINA has one! I was shocked. I figured it at least had to be a few days, but nope. In a developed country this is ridiculous IMO. I could really go off into the weeds about how we've just been conditioned from school aged children to work these 40 hour, 9-5 work weeks, but I can never make long responses on here with my thumbs. Corporations make obscene amounts of money yet we never see any of it. Wages haven't gone up yet inflation continues to rise. With a basic living wage companies will need to be more competitive to find talent because if my needs are met, I can be a bit more picky. More cash will be able to flow into the economy and it's not like most welfare recipients don't work anyways. It's not like this is some new idea. Other countries already have extensive welfare systems, yes with less people, but I think it could be done.

Our economy and job market is rapidly changing. Not everyone will be able to ride the waves of that change and they have to eat too. Something needs to happen to quell this soon, or we will have soaring rates of poverty.

This would actually help the economy grow because people's basic needs are met and there would be more expendable cash. I think it's completely doable.

I'm on my phone, excuse he typos. It's also 3 in the morning, I can't sleep :francis:

:blessed: thank you brehette. If these greedy elites are smart, they rush to do it. You think that over 250 million people in America can be programmed to be engineers, doctors, lawyers, and bankers...and have enough jobs for them? :heh:
 

tater

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It comes from the super rich elites that have enough insight to not want pitchforks at their front gates. :whoa:

If they want the populace to have disposable income to buy their products, they better have basic income on deck in the age of automation. Besides humanity in this point in history want to do more than work 40-60 hours per week.

Not just that, but with the automation we already have, we have been increasing productivity yet we still work the same amount of time for the same amount of money. If anything we should be working less. But you know, that good 'ol Quaker work ethic :martin:.
 

L&HH

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It would eliminate the need for a majority of welfare programs because if everyone is guaranteed a basic income it eliminates the need for ssi, section 8, food stamps, unemployment and in some cases I've read about supposedly eliminating medicare/caid in exchange for a mandatory portion to go towards a "health fund/insurance". This is the majority of our budget already. The universal income has a much lower price tag if you are able to eliminate and cut the other welfare programs. It would also cut dependence on corporations to keep us employed with shyt benefits. The power would come back to resting with the people and our bargaining power would be much better.

I was looking at a map of mandatory vacation by country. America doesn't have one. CHINA has one! I was shocked. I figured it at least had to be a few days, but nope. In a developed country this is ridiculous IMO. I could really go off into the weeds about how we've just been conditioned from school aged children to work these 40 hour, 9-5 work weeks, but I can never make long responses on here with my thumbs. Corporations make obscene amounts of money yet we never see any of it. Wages haven't gone up yet inflation continues to rise. With a basic living wage companies will need to be more competitive to find talent because if my needs are met, I can be a bit more picky. More cash will be able to flow into the economy and it's not like most welfare recipients don't work anyways. It's not like this is some new idea. Other countries already have extensive welfare systems, yes with less people, but I think it could be done.

Our economy and job market is rapidly changing. Not everyone will be able to ride the waves of that change and they have to eat too. Something needs to happen to quell this soon, or we will have soaring rates of poverty.

This would actually help the economy grow because people's basic needs are met and there would be more expendable cash. I think it's completely doable.

I'm on my phone, excuse he typos. It's also 3 in the morning, I can't sleep :francis:
Here's a post that goes through all the FAQs anyone can have about a basic income. I can't say I'm for or against it but I'm certainly intrigued by the idea. I like that there's people willing to put up money to research the idea and will be keeping a close eye on the findings.

index - BasicIncome
 

Wild self

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Not just that, but with the automation we already have, we have been increasing productivity yet we still work the same amount of time for the same amount of money. If anything we should be working less. But you know, that good 'ol Quaker work ethic :martin:.

Some people just don't get it. It would be the closest thing to heaven on earth. No one would be homeless or broke, More people have time to develop themselves individually, and more time to travel the world.
 

tater

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Here's a post that goes through all the FAQs anyone can have about a basic income. I can't say I'm for or against it but I'm certainly intrigued by the idea. I like that there's people willing to put up money to research the idea and will be keeping a close eye on the findings.

index - BasicIncome

Good info, I'll read it later.

:salute:
 

tater

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Some people just don't get it. It would be the closest thing to heaven on earth. No one would be homeless or broke, More people have time to develop themselves individually, and more time to travel the world.

There are so many benefits even if you don't look at it through an altruistic lens. For the capitalists and the huggers...
 

Wild self

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There are so many benefits even if you don't look at it through an altruistic lens. For the capitalists and the huggers...

When their occupation been taken over by a machine, they too will be begging for it. It can also encourage people to be a lot bolder to go entrepreneurial.
 

tater

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I think one of the things the article touched on, the giving of the UBI to all Americans, is a mistake which makes the calculation even higher. I don't think children should be included. Some money should be given for kids, but every child should not be guaranteed a wage. You can't even work until you're 16, why would you need a wage which pays for rent and food when you live with your parents?

Otherwise, I will be looking forward to the outcomes of this little experiment. I'm happy this movement is gaining a bit more traction and mainstream attention. You saw how they said the elites are getting scared of political unrest because us peons are waking up? :sas2:
 

Warren Moon

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Uber won't be around in 5 years time. Maybe even 2.
They seem to be a company with a business model that allows for massive losses of this amount...yet they still keep on going.
They won't.
Once their IPO goes public if it already has it will continue to lose steam and eventually will be devalued in terms of the company's worth.

Naw amazon already did this and they're doing fine now. Uber will be fine
 

Ghost Utmost

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@tater @Wild self

I understand you not wanting to work and robots and aaallllllll that bullshyt.

You still haven't invented the perpetual motion machine that creates energy out of nowhere.
 
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Uber won't be around in 5 years time. Maybe even 2.
They seem to be a company with a business model that allows for massive losses of this amount...yet they still keep on going.
They won't.
Once their IPO goes public if it already has it will continue to lose steam and eventually will be devalued in terms of the company's worth.
A company filing an IPO in this day and age is only filing one when popularity is at an all time and to get even more investors and income. Filing an IPO does the exact opposite of devaluing a company.
 
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