Hacker News new | ask | show | jobs
by cadamsdotcom 222 days ago
Biggest problem is you need two types economy at once.

You need the big paradigm shifts that come from an innovation economy; for that, capital must flow easily, risk-taking (both companies and individuals) be rewarded not punished, and a stable job is kind of a bad thing (people get too comfortable)..

Meanwhile in more mature sectors, job security (so people can have mortgages and families) and market stability should be fostered and corporate overreach & power be checked.

Advanced economies are a mix of sectors which need almost opposite policy.

2 comments

No one can call software and AI mature, they are still innovating. We do not even know how they will look in give years. Premature regulation kills this innovation. Harms of AI are not the same as harms from traffic accidents.
That’s true - but social media is a different kettle of fish.

The problem is it all gets lumped under “technology”.

Unemployment insurance and redistribution is a much better solution than keeping people in jobs that have been obviated decades ago.