FCC to make the Internet into another plodding government regulated utility. If tomorrow’s vote goes as expected by the progressive Left, the rapidly innovative years of the World Wide Web will be over for all Americans. The liberals’ dream of so-called ‘net neutrality’ will be achieved, sold to the true believers with the promotion of five prominent myths –
1. The internet has always been neutral;
2. Net Neutrality regulations are the only way to preserve an open internet;
3. Net Neutrality regulations improve broadband competition;
4. All prioritized network services are harmful to users;
5. Net Neutrality rules will make broadband cheaper and internet services like Netflix faster.
For anyone with even a smidgeon of knowledge about how the internet works and what motivates businesses, these pretensions are laughable. Unfortunately, the truth on all counts is exactly the opposite, but the entire initiative for additional government takeover is based on the tried and true Saul Alinsky rules (q.v.). The Mercatus Center at George Mason University gives a short and clear refutation of the matter here.
Robots will ultimately take your job, and give no guarantee to create another one that you can or are willing to do. That realization is even reaching the high towers of learning at government funded MIT Artificial Intelligence Labs. There a conclave of the country’s leading AI and robotics researchers meet monthly to discuss such matters. Heretofore, they and other such groups have been regularly issuing the pabulum that ‘not to worry, technology’s advance will create at least as many new jobs as the old ones it makes redundant.’ Well, that considerable bit of fiction hasn’t proved to be true in the recent past, and will continue to contribute to systemic unemployment with every passing year. But RR readers have known that for a long time now.
However, the advances in job eliminations are now proceeding at such a pace that it’s hard to keep putting out these agenda-driven dreams for public consumption, especially from those working in the field who still want to look at themselves in the mirror without blushing – “Experts rethink belief that tech always lifts employment as machines take on skills once thought uniquely human”. The truth, as reported here, is that the mid-level jobs are disappearing most rapidly. This leaves behind low-end jobs and more high-end jobs, but netting out to fewer jobs for humans as productivity continues to grow as shown in the nearby figure. (more here)