Keynes suggested that by 2030, we’d be working 15 hour workweeks, with the rest of the time used for leisure. Instead, we chose consumption, and helicopter money gave us bullshit jobs so we could keep buying more bullshit. This is fairly evident by the fact when the helicopter money runs out, all the bullshit jobs get cut.
AI may give us more efficiency, but it will be filled with more bullshit jobs and consumption, not more leisure.
He was extrapolating, as well. Going from children in the mines to the welfare state in a generation was quite something. Unfortunately, progress slowed down significantly for many reasons but I don’t think we should really blame Keynes for this.
> We live in a time that the working class is unbelievably brainwashed and manipulated.
I think it has always been that way. Looking through history, there are many examples of turkeys voting for Christmas and propaganda is an old invention. I don’t think there is anything special right now. And to be fair to the working class, it’s not hard to see how they could feel abandoned. It’s also broader than the working class. The middle class is getting squeezed as well. The only winners are the oligarchs.
> progress slowed down significantly for many reasons
I think progress (in the sense of economic growth) was roughly in line with what Keynes expected. What he didn't expect is that people, instead of getting 10x the living standard with 1/3 the working hours, rather wanted to have 30x the living standard with the same working hours.
Throughout human history, starting with the spread of agriculture, increased labor efficiency has always led to people consuming more, not to them working less.
Moreover, throughout the 20th century, we saw several periods in different countries when wages rose very rapidly - and this always led to a temporary average increase in hours worked. Because when a worker is told "I'll pay you 50% more" - the answer is usually not "Cool, I can work 30% less", but "Now I'm willing to work 50% more to get 2x of the pay".
> Throughout human history, starting with the spread of agriculture, increased labor efficiency has always led to people consuming more, not to them working less.
Can you give a single example where that happened?
During the industrial revolution it was definitely not what happened. In the late 1700s laborers typically averaged around 80 hours per week. In the 1880s this had decreased to around 60 hours per week. In the 1920s the average was closer to 48 hours per week. By the time Keynes was writing, the 40 hour work week had become standard. Average workweek bottomed out in the mid 1980s in the US and UK at about 37 hours before starting to increase again.
That never was the case (except for short periods after salary increases).
And this is not a question where there could be any speculation: in those days there were already people collecting such statistics, and we have a bunch of diaries describing the actual state of affairs, both from the workers themselves and from those who organized their labor - and everything shows that few people worked more than 50 hours a week on average.
Most likely, the myth about 80 hours a week stems from the fact that such weeks really were common, but it was work in the format of "work a week or two or a month for 80 hours, then a week or two or a month you don't work, spend money, arrange your life"
There is also agriculture, which employed a significant part of the population in the past. There, on average, there was usually even less than 40 hours of productive work, it's just that timing is of great importance there, and there are bottlenecks, and when necessary, you have to work 20 hours a day, which is compensated by periods when the workload is much less than 6 hours a day.
It most certainly was the case. As you correctly point out, people were collecting such statistics at the time, we know how much they worked and they worked a lot. In London from 1750 to 1800 the average male laborer worked over 4000 hours per year, and the typical year had 307 workdays. We have records of employment that list who worked which days at particular businesses, and court cases where witnesses testified about their work schedules, and we know of complaints from people at this time about the excessive amount of time they worked.
Take the Philadelphia carpenters' strike in 1791, where they were on strike demanding a reduction in hours to a 60 hour work week. The strike was unsuccessful. In the 1820s there was a so called "10 Hour Day" labor movement in New York City (note that at this time people worked 6 days a week). In the 1840s mill workers in Massachusetts attempted to get the state legislature to intervene and reduce their 74 hour workweeks. This was also unsuccessful. Martin Van Buren signed an executive order limiting workdays for federal employees to 10 hours per day. The first enforceable labor law in the US came in 1874, which set a limit of 60 hours in a workweek for women in Massachusetts.
The words 'have to' are doing a lot of work in that statement. Some people 'have to' work to literally put food on the table, other people 'have to' work to able to making payments on their new yacht. The world is full of people who could probably live out the rest of their lives without working any more, but doing so would require drastic lifestyle changes they're not willing to make.
I personally think the metric should be something along the lines of how long would it take from losing all your income until you're homeless.
> I personally think the metric should be something along the lines of how long would it take from losing all your income until you're homeless.
What income? Income from job, or from capital? A huge difference. Also a lot harder to lose the latter, gross incompetence or a revolution, while the former is much easier.
Yea, should have been clearer. Income from work (or unemployment benefits) in this case. Someone who works to essentially supplement their income, but could live off their capital, is in a very different position than someone for whom work is their only source of income or wealth.
Now it comes down to how you define 'for a living'. You still need to differentiate between people who work to survive, people who work to finance their aspirational lifestyle, and people who have all the money they could possibly need and still work because they either see it as a calling or they just seem to like working. Considering all these people in the same 'class' is far too simplistic.
So someone on the edge of poverty, balancing two or three minimum wage jobs just to make ends meet, should be considered part of the same class as the CEO of Microsoft or Google? Hell most people on the Forbes list 'work' in at least some meaning of the word, even if many of them effectively work for themselves.
What about the trust fund kid working part time at an art gallery just because they like the scene and hanging out with artists? Same class?
And on the flip side, are pensioners, the unemployed, and people on permanent disability part of the same class as the dilettante children of billionaires?
We are talking about class, and if we should be making distinctions between groups of people who work for a living based on their wealth, income, and economic stability. I believe there is a fundamental class difference between people who work, but are rich enough to stop working whenever they want, those who can't quite stop working but are comfortable enough to easily go 6 month without a pay check, and people who are only a couple of missed pay checks away from literal homelessness.
I guess I lost the plot. Same point, either you work or you don’t. I grew up not knowing if I would have dinner that night because we were so poor. I learned I needed to work to eat. I don’t care that rich people are rich, I only care about myself and my family.
Coddling poor people is so severely out of touch with their reality, they most likely resent the hell out of you for it, I know I did.
Nobody's coddling anyone here. Acknowledging the reality of class in society isn't doing anything but analysis.
The original claim was a proposal to increase the resolution of class analysis one degree "higher" than Marx and no longer differentiate between the modern proletariat (working class), bourgeois (middle class), and aristocracy (upper class), in this case proposing to lump together the bourgeois and proletariat because they both have to work or they'll starve to death.
In this world, being born from the orifice of an aristocrat means you never have to work (have meaning, "or you'll die of exposure"). That's a frank reality. If your reaction to being born from a non aristocratic orifice is to shrug your shoulders and accept reality, great, nobody's trying to take that from you.
However you seem to be taking it a step further and suggesting that the people pointing out that this nature of society is unfair are somehow wrong to do so. I disagree. I think is perfectly valid to be born from whatever orifice and declare the obvious unfairness of the situation and the work to balance things out for people. That's not coddling, it's just ensuring that we all benefit in a just way from the work of your grandfather. Cause right now, someone has stolen the value of his work from you, and that's why you (and I) had to work so hard to get where we are today.
If you love that you had to work so hard, fine. I could take it or leave it. Instead of working a double through school I would have preferred to focus more on my studies and get higher grades, find better internships instead of slinging sandwiches. Personally I look at the extraordinarily wealth of the aristocrat class and I think, "is it more important that they're allowed to own 3 yachts or that all the children of our society can go to college?" I strongly believe any given country will be much stronger if it has less yachts and more college-educated people. Or people with better access to healthcare. Or people with better transit options to work. Etc.
There was the articles on AI, that linked to how its used in Microsoft.
Satya Nadella doesn't read his emails, and doesn't write responses. He subscribes to podcasts and then gets them summarised by AI.
He turns up to the office and takes home obscene amounts of money for doing nothing except play with toys and pretend he's working.
They are "working", but they are actually just playing. And I think thats the problem with some of these comments, they aren't distinguishing between work and what is basically a hobby.
> What about the trust fund kid working part time at an art gallery just because they like the scene and hanging out with artists?
Its a hobby. They don't have to do it, and if they get fired for gross misconduct then they could find alternative things to pass the time.
Homeless or loose current house? Downsizing and/or moving to cheaper places could go a long way. Yet loosing current level of housing is what most people think want to avoid.
Either work, but homeless is more absolute. For some downsizing means moving into their car and for others it means moving into a 3000 sq ft house, with a smaller pool, in the third nicest neighbourhood in town. But yea, losing your house and being forced to drastically downsize against your will is no doubt traumatic in both cases.
“from losing all your income until you're homeless.”
I’m willing to bet you haven’t lived long enough to know that’s a more or less a proxy for old age. :) That aside, even homeless people acquire possessions over time. If you have a lot of homeless in your neighborhood, try to observe that. In my area, many homeless have semi functional motor homes. Are they legit homeless, or are they “homeless oligarchs”? I can watch any of the hundreds of YouTube channels devoted to “van life.” Is a 20 year old who skipped college which their family could have afforded, and is instead living in an $80k van and getting money from streaming a “legit homeless”? The world is not so black and white it will turn out in the long run.
While you’re not wrong in what differentiates those with wealth to those without, I think ignores a lot of nuance.
Does one have savings? Can they afford to spend time with their children outside of working day to day? Do they have the ability to take reasonable risks without chancing financial ruin in pursuit of better opportunities?
These are things we typically attribute to someone in the middle class. I worry that boiling down these discussions to “you work and they don’t” misses a lot of opportunity for tangible improvement to quality of life for large number of people.
It doesn't - its a battle cry for the working classes (ie anyone who actually works) to realize they are being exploited by those that simply do not.
If you have an actual job and an income constrained by your work output, you could be middle class, but you could also recognize that you are getting absolutely ruined by the billionaire class (no matter what your level of working wealth)
I'm really not convinced that I and my CEO share a common class interest against the billionaires, and I'm not particularly interested in standing together to demand that both of us need to be paid more.
I don't know how to convince you that both of you are struggling against each other when you should be in common cause, but in my experience if the CEO thinks even more they are a temporarily embarrassed billionaire then I can see why you'd resent them. That doesn't change the facts of the matter though.
Traditionally there were the English upper class, who had others work for them, and the working class who did. Doctors and Bankers were the middle class, because they owned houses with 6-8 servants running it, so while they worked, they also had plenty of people working for them.
I agree with your point. Now doctors are working class as well.
That's reductive. The middle class in the US commonly describes people who have access to goods and services in moderation. You aren't poor just because you can't retire.
It is very possible that foreign powers use AI to generate social media content in mass for propaganda. If anything, the internet up to 2015 seemed open for discussion and swaying by real people’s opinion (and mockery of the elite classes), while manipulation and manufactured consent became the norm after 2017.
Italian party Lega (in the government coalition) has been using deep fakes for some time now. It's not only ridiculous, it's absolutely offensive to the people they mock - von Der leyen, other Italian politicians... -
Yes. She’s not an elected representative. And she’s been utterly ineffective at threatening Russia with her soft stance (Yes, in war, strong words are weak actions). Her place is back in Hunger Games, starving everybody for the greater good of the elite class.
He also lived in a time when the intense importance and function of a moral and cultural framework for society was taken for granted. He would have never imagined the level of social and moral degeneration of today.
I will not go into specifics because the authoritarians still disagree and think everything is fine with degenerative debauchery and try to abuse anyone even just pointing to failing systems, but it all does seem like civilization ending developments regardless of whether it leads to the rise of another civilization, e.g., the Asian Era, i.e., China, India, Russia, Japan, et al.
Ironically, I don’t see the US surviving this transitional phase, especially considering it essentially does not even really exist anymore at its core. Would any of the founders of America approve of any of America today? The forefathers of India, China, Russia, and maybe Japan would clearly approve of their countries and cultures. America is a hollowed out husk with a facade of red, white, and blue pomp and circumstance that is even fading, where America means both everything and nothing as a manipulative slogan to enrich the few, a massive private equity raid on America.
When you think of the Asian countries, you also think of distinct and unique cultures that all have their advantages and disadvantages, the true differences that make them true diversity that makes humanity so wonderful. In America you have none of that. You have a decimated culture that is jumbled with all kinds of muddled and polluted cultures from all over the place, all equally confused and bewildered about what they are and why they feel so lost only chasing dollars and shiny objects to further enrich the ever smaller group of con artist psychopathic narcissists at the top, a kind of worst form of aristocracy that humanity has yet ever produced, lacking any kind of sense of noblesse oblige, which does not even extend to simply not betraying your own people.
That a capitalist society might achieve a 15 hour workweek if it maintained a "non debauched culture" and "culture homogeneity" is an extraordinary claim I've never seen a scrap of evidence for. Can you support this extraordinary claim?
That there's any cultural "degenerative debauchery" is an extraordinary claim. Can you back up this claim with evidence?
"Decimated," "muddled," and "polluted" imply you have an objective analysis framework for culture. Typically people who study culture avoid moralizing like this because one very quickly ends up looking very foolish. What do you know that the anthropologists and sociologists don't, to where you use these terms so freely?
If I seem aggressive, it's because I'm quite tired of vague handwaving around "degeneracy" and identity politics. Too often these conversations are completely presumptive.
> That there's any cultural "degenerative debauchery" is an extraordinary claim. Can you back up this claim with evidence?
What's the sense in asking for examples? If one person sees ubiquitous cultural decay and the other says "this is fine," I think the difference is down to worldview. And for a pessimist and an optimist to cite examples at one another is unlikely to change the other's worldview.
If a pessimist said, "the opioid crisis is deadlier than the crack epidemic and nobody cares," would that change the optimist's mind?
If a pessimist said, "the rate of suicide has increased by 30% since the year 2000," would that change the optimist's mind?
If a pessimist said, "corporate profits, wealth inequality, household debt, and homelessness are all at record highs," ...?
And coming from the other side, all these things can be Steven Pinker'd if you want to feel like "yes there are real problems but actually things are better than ever."
There was a book that said something about "you will recognize them by their fruit." If these problems are the fruit born of our culture, it's worth asking how we got here instead of dismissing it with "What do you know that the anthropologists and sociologists don't?"
Sure some things are subjective but wide-ranging and vague claims are unactionable and therefore imo should simply be ignored. If someone's going to say something like that I think it's worth challenging them to get specific and actionable.
I also wholeheartedly disagree that, vaguely, diversity has something to do with the reduction of material conditions, or gay people, or whatever tf, so I wanted to allow the op the opportunity to be demonstrably wrong. They wouldn't take it of course, because there's no evidence for what they claim, because it's a ridiculous assertion.
The reasons things are they way they are today are identifiable and measurable. Rent is high because mostly because housing is an investment vehicle and supply is locked by a functional cartel. Homelessness is high mostly because of a lack of universal healthcare. Crime is continually dropping despite what the media says, and immigrants commit a lower crime per capita than any other demographic group - but the jails remain full because the USA engages in a demonstrably ineffective retributive justice system.
I'm so tired of conservatives walking around flinging every which way their feelings as facts. Zizek has demonstrated the potential value of a well considered conservative ideology, and unfortunately today all we get from that side is vague (or explicit) bigotry.
The OP didn't just claim that there's cultural degeneracy happening (which again, they didn't definite very well), they blamed real-world outcomes on it. That's a challengeable premise.
Oh the prized Asian magic, more civilized, less mixed, the magical place.
Capitalism arrives for everyone, Asia is just late for the party. Once it eventually financializes everything, the same will happen to it. Capitalism eventually eats itself, doesn't matter the language or how many centuries your people might have.
If you work 15 hours/week then presumably someone who chose to work 45 hours/week would make 3x more money.
This creates supply-demand pressure for goods and services. Anything with limited supply such as living in the nice part of town will price out anyone working 15 hours/week.
Presumably the reduction to a 15 hour workweek would be much the same as the reduction to the 40 hour workweek - everyone takes the same reduction in total hours and increase in hourly compensation encoded in labor laws specifically so there isn't this tragedy of the commons.
Unless the law forbids working more than 15 hours per week, the numbers will shift around but the supply-demand market equilibrium will remain approximately the same.
If minimum wage goes up 40/15 = 267%, then the price of your coffee will go up 267% because the coffeeshop owner needs to pay 267% more to keep the cafe staffed.
The 40 hour work week is something a cultural equilibrium. But we've all heard of doctors, lawyers, and bankers working 100h weeks which affords them some of the most desirable real estate in the world...
> Unless the law forbids working more than 15 hours per week, the numbers will shift around but the supply-demand market equilibrium will remain approximately the same.
Require anyone working over 15 hours to be paid time and a half overtime. If you want to hire one person to work 40 hours per week, that is 30% more expensive than hiring 3 people to work the same number of hours. In some select instances sure, having a single person do the job is worth the markup, and some people will be willing to work those hours, just like today you have some people working over 40, but in general the market will demand reduction in working hours.
Similarly, there is a strong incentive to work enough hours to be counted as a full time employee, so the marginal utility of that 35th hour is pretty high currently, whereas if full time benefits and labor protections started at 15 hours, then the marginal utility of that 35th hour would be substantially less.
> If minimum wage goes up 40/15 = 267%, then the price of your coffee will go up 267% because the coffeeshop owner needs to pay 267% more to keep the cafe staffed.
That would be true if 100% of the coffee shop's revenue went to wages. Obviously that's not the case. In reality, the shop is buying ingredients, paying rent for the space, paying off capex for the coffee making equipment, utilizing multiple business services like accounting and marketing, and hopefully at the end of the day making some profit. Realistically, wages for a coffee shop are probably 20-30% of revenue. So to cover the increased cost of labor, prices would have to rise 53%. Note that in this scenario you also have 267% more money to spend on coffee.
Of course there are some more nuances as prices in general inflate. Ultimately though, the equilibrium you reach is that people working minimum wage for a full workweek wind up able to afford 1 minimum-wage workweek worth of goods and services. This holds true in the long term regardless of what level minimum wage is or how long a workweek is. Indeed you could just as easily have everyone's wages stay exactly the same but we are all working less, then we all have less money and there is a deflationary effect but in the long term we wind up at the same situation. Ideally, you'd strike a balance between these two which reaches the same end state with a reasonably steady money supply.
> The 40 hour work week is something a cultural equilibrium.
No, it isn't. It is an arbitrary convention, one in a long series which had substantially different values in the past. It has remained constant because it is encoded in law in such a way that it is no longer subject to simple pressures of labor supply and demand.
> But we've all heard of doctors, lawyers, and bankers working 100h weeks which affords them some of the most desirable real estate in the world...
There are a lot more than just doctors and lawyers and bankers working long hours. 37% of americans work 2 full time jobs, and most of them aren't exactly in a position to afford extremely desirable real estate. If the workweek were in a equilibrium due to supply and demand, wouldn't these people just be working more hours at their regular jobs?
I think something Keynes got wrong there and much AI job discussion ignores is people like working, subject to the job being fun. Look at the richest people with no need to work - Musk, Buffett etc. Still working away, often well past retirement age with no need for the money. Keynes himself, wealth and probably with tenure working away on his theories. In the UK you can quite easily do nothing by going on disability allowance and doing nothing and many do but they are not happy.
There can be a certain snobbishness with academics where they are like of course I enjoy working away on my theories of employment but the unwashed masses do crap jobs where they'd rather sit on their arses watching reality TV. But it isn't really like that. Usually.
The reality of most people is that they need to work to financially sustain themselves. Yes, there are people who just like what they do and work regardless, but I think we shouldn't discount the majority which would drop their jobs or at least work less hours had it not been out of the need for money.
Although in democracies we've largely selected that system. I've been to socialist places - Cuba and Albania before communism collapsed where a lot of people didn't do much but were still housed and fed (not very well - ration books) but no one seems to want to vote that stuff in.
The thing about those systems is you'd have to forgo the entire notion about private property and wealth as we currently know it for it to work out. Even then, there would be people who wouldn't want to work/contribute and the majority who would contribute the bare minimum (like you're saying). The percentage of people who'd work because they like it wouldn't be much higher than it is now. Or it might be even lower, as money wouldn't be as much of a factor in one's life.
It seems like a democratic system could both maintain private property and make sure all of their citizens have basic needs are satisifed (food, housing, education, medical). I don't see how these two are mutually exclusive, unless you take a hardline that taxation is theft.
I think more people take a soft line. Taxation isn't theft, but too much taxation is theft.
I don't know that I've ever heard this rationally articulated. I think it's a "gut feel" that at least some people have.
If taxes take 10% of what you make, you aren't happy about it, but most of us are OK with it. If taxes take 90% of what you make, that feels different. It feels like the government thinks it all belongs to them, whereas at 10%, it feels like "the principle is that it all belongs to you, but we have to take some tax to keep everything running".
So I think the way this plays out in practice is, the amount of taxes needed to supply everyones' basic needs is across the threshold in many peoples' minds. (The threshold of "fairness" or "reasonable" or some such, though it's more of a gut feel than a rational position.)
While they didn't do much at work and could coast forever, they still had to show up and sit out the hours. And this does seem to correlate highly with ration books. Which are also not amazon-fulfilled, but require going to a store, waiting in line, worring that the rations would run out, yada yada.
I'll take capitalism with all its warts over that workers paradise any day.
Well it was in the middle period when some communism collapsed but Albania was communist still. They did tourist day trips from Corfu to raise some hard currency. It's only about a mile from Albania at the closest point.
What percentage of people would you say like working for fun? Would you really claim they make up a significant portion of society?
Even myself, work a job that I enjoy building things that I’m good at, that is almost stress free, and after 10-15 years find that I would much rather spend time with my family or even spend a day doing nothing rather than spend another hour doing work for other people. the work never stops coming and the meaninglessness is stronger than ever.
I think a lot of people would work fewer hours and probably retire earlier if money were absolutely not in the equation. That said, it's also true that there are a lot of things you realistically can't do on your own--especially outside of software.
Well - I guess you are maybe typical in quite liking the work but wanting to do less hours? I saw some research that hunter gatherers work about 20 hours a week - maybe that's an optimum.
Not to undercut your point - because you’re largely correct - but this is my reality. I have a decent-paying job in which I work roughly 15 hrs a week. Sometimes more when work scales up.
That said, I’m not what you’d call a high-earning person (I earn < 100k) I simply live within my means and do my best to curb lifestyle creep. In this way, Keynes’ vision is a reality, but it’s a mindset and we also have to know when enough wealth is enough.
You're lucky. Most companies don't accept that. Frequently, even when they have part time arrangements, the incentives are such that middle managers are incentivized to squeeze you (including squeezing you out), despite company policies and HR mandates.
I am lucky. I work for a very small consultancy (3 people plus occassional contractors) and am paid a fraction of our net income.
The arrangement was arrived at because the irregular income schedule makes an hourly wage or a salary a poor option for everyone involved. I’m grateful to work for a company where the owners value not only my time and worth but also value a similar work routine themselves.
40 hours/week is of course just an established norm for a lot of people and companies. But two 20 hour/week folks tend to cost more than one 40 hour/week person for all sorts of reasons.
Well, for starters people probably want health insurance in the US which often starts at some percentage of full-time. Various other benefits. Then two people are probably just more overhead to manage than one. Though they may offer more flexibility.
Which is a shame because I bet most knowledge workers aren't putting in more than three or fours hours of solid work. The rest of the time they are just keeping a seat warm.
Spoken like middle management. If a knowledge worker is only putting in 4 hours they're either mismanaged or dead weight. Fire their manager and see if they are more effective, if not, then let them go. As a developer I routinely work 9 hour days without lunch and so do the others on my team and most people I've worked with as a developer. Myths like the 10% developer and lazy 4 hour knowledge workers are like the myth of the welfare queen. We really need to be more aware that when we complain about 5% of people that it becomes 100% to those outside of the field.
I'm working hard on this one. I'm down to a three-day week, and am largely keeping the boundaries around those other four.
It came about late last year when the current employer started going getting gently waved off in early funding pitches. That resulted in some thrash, forced marches to show we could ship, and the attendant burnout for me and a good chunk of the team I managed. I took a hard look at where the company was and where I was, and decided I didn't have another big grind in me right now.
Rather than just quit like I probably would have previously, I laid it out to our CEO in terms of what I needed: more time taking care of my family and myself, less pressure to deliver impossible things, and some broad idea of what I could say "no" to. Instead of laughing in my face, he dug in, and we had a frank conversation about what I _was_ willing to sign up for. That in turn resulted in a (slow, still work-in-progress) transition where we hired a new engineering leader and I moved into a customer-facing role with no direct reports.
Now I to work a part-time schedule, so I can do random "unproductive" things like repair the dishwasher, chaperone the kid's field trip, or spend the afternoon helping my retired dad make a Costco run. I can reasonably stop and say, "I _could_ pay someone to do that for me, but I actually have time this week and I can just get it done" and sometimes I...actually do, which is kind of amazing?
...and it's still fucking hard to watch the big, interesting decisions and projects flow by with other people tackling them and not jump in and offer to help. B/c no matter what a dopamine ride that path can be, it also leads to late nights and weekends working and traveling and feeling shitty about being an absentee parent and partner.
> Keynes suggested that by 2030, we’d be working 15 hour workweeks, with the rest of the time used for leisure.
I suspect he didn't factor in how may people would be retired and on entitlements.
We're not SUPER far from that now, when you factor in how much more time off the average person has now, how much larger of percentage of the population is retired, and how much of a percentage is on entitlements.
The distribution is just very unequal.
I.E. if you're the median worker, you've probably seen almost no benefit, but if you're old or on entitlements, you've seen a lot of benefits.
The trade is you need to live in VHCOL city to earn enough and have a high savings rate. Avoid spending it all on VHCOL real estate.
And then after living at the center of everything for 15-20 years be mentally prepared to move to “nowhere”, possibly before your kids head off to college.
Most cannot meet all those conditions and end up on the hedonic treadmill.
> you need to live in VHCOL city to earn enough and have a high savings rate
Yes to the latter, no to the former. The states with the highest savings rates are Connecticut, New Jersey, Minnesota, Massachussetts and Maryland [1]. Only Massachussetts is a top-five COL state [2].
> then after living at the center of everything for 15-20 years be mentally prepared to move to “nowhere”
This is the real hurdle. Ultimately, however, it's a choice. One chooses to work harder to access a scarce resource out of preference, not necessity.
CT & NJ being top of the list points to the great NYC metropolitan wage premium though doesn't it? MA at #4 picks up Boston, MD at #5 picks up DC, etc.
CA probably nowhere on the list because its such a small state that any Silicon Valley premium gets diluted at the state level average.
I am not finding a clear definition of this index but it appears to be $saved/$income (or $saved/$living expenses) right? So 114% in CT dollars is probably way more than 102% Kansas dollars..
It's also worth noting the point I was making is - if you take a "one years NYC income in savings" amount of money and relocate to say, New Mexico.. the money goes a lot further than trying to do the opposite!
I for see that when people only employ AI for programming, it quickly hits the point where they train on their own (usually wrong) code and it spirals into an implosion.
When kids stop learning to code for real, who writes GCC v38?
This whole LLM is just the next bitcoin/nft. People had a lot of video cards and wanted to find a new use for them. In my small brain it’s so obvious.
i dunno, i have gotten tons of real work done with LLM’s. i just had o3 edit a contract and swap out pieces of it to make it work with SOW’s instead of embed the terms directly in the contract. i used to have to do that myself and have a lawyer review it. (i’ve been working with contracts for 30 years, i know enough now to know most basic contract law even though IANAL.) i’ve vibe coded a whole bunch of little things i would never have done myself or hired someone to do. i have had them extract data in seconds that would have taken forever. there is without question real utility in LLM’s and they are also without question getting better very fast.
to compare that to NFT’s is pretty disingenuous. i don’t know anyone who has ever accomplished anything with an NFT. (i’m happy to be wrong about that, and i have yet to find a single example).
Ha-ha, this is very funny :) Say, have you ever tried seriously using the AI-tools for programming? Because if you do, and still believe this, I may have a bridge/Eiffel Tower/railroad to sell you.
Sure man, maybe also share that bit with your clients and see how excited they'll be to learn their vital code or infrastructure may be designed by a stochastical system (*reliable a solid number of times).
My clients are perfectly happy about that, because they care about the results, not FUD. They know the quality of what I deliver from first-hand experience.
Human-written code also needs reviews, and is also frequently broken until subjected to testing, iteration, and reviews, and so our processes are built around proper qa, and proper reviews, and then the original source does not matter much.
It's however a lot easier to force an LLM into a straighjacket of enforced linters, enforced test-suite runs, enforced sanity checks, enforced processes at a level that human developers would quit over, and so as we build out the harness around the AI code generation, we're seeing the quality of that code increase a lot faster than the quality delivered by human developers. It still doesn't beat a good senior developer, but it does often deliver code that handles tasks I could never hand to my juniors.
(In fact, the harness I'm forcing my AI generated code through was written about 95%+ by an LLM, iteratively, with its own code being forced through the verification steps with every new iteration after the first 100 lines of code or so)
So to summarise - the quality of code you generated with LLM is increasing a lot faster, but somehow never reaching senior level. How is that a lot faster? I mean if it never reaches the (fairly modest) goal. But that's not the end of it. Your mid-junior LLMs are also enforcing quality gates and harnesses on the rest of your LLM-mid-juniors. If only there was some proof for that, like a project demo, so it could at least look believable...
It's a lot faster compared to new developers who still cost magnitudes more from day 1. It's not cost effective to hand every task to someone senior. I still have juniors on teams because in the long term we still need actual people who need a path to becoming senior devs, but in financial terms they are now a drain.
You can feel free not to believe it, as I have no plans to open up my tooling anytime soon - though partly because I'm considering turning it into a service. In the meantime these tools are significantly improving the margins for my consulting, and the velocity increases steadily as every time we run into a problem we make the tooling revise its own system prompt or add additional checks to the harness it runs to avoid it next time.
A lot of it is very simple. E.g a lot of these tools can produce broken edits. They'll usually realise and fix them, but adding an edit tool that forces the code through syntax checks / linters for example saved a lot of pain. As does forcing regular test and coverage runs, not just on builds.
For one of my projects I now let this tooling edit without asking permission, and just answer yes/no to whether it can commit once it's ready. If no, I'll tell it why and review again when it thinks it's fixed things, but a majority of commit requests are now accepted on the first try.
For the same project I'm now also experimenting with asking the assistant to come up with a todo list of enhancements for it based on a high level goal, then work through it, with me just giving minor comments on the proposed list.
I'm vaguely tempted to let this assistant reload it's own modified code when tests pass and leave it to work on itself for a a while and see what comes of it. But I'd need to sandbox it first. It's already tried (and was stopped by a permissions check) to figure out how to restart itself to enable new functionality it had written, so it "understands" when it is working on itself.
But, by all means, you can choose to just treat this as fiction if it makes you feel better.
No, I am not disputing whatever productivity gains you seem to be getting. I was just curious if it LLMs feeding data into each other can work that well, knowing how long it took OpenAI to make ChatGPT properly count the number of "R"s in the word "strawberry". There is this effect called "Habsburg AI". I reckon the syntax-check and linting stuff is straightforward, as it adds a deterministic element to it, but what do you do about the more tricky stuff like dreamt up functions and code packages? Unsafe practices like sensitive exposing data in cleartext, Linux commands which are downright the opposite of what was prompted, etc? That comes up a fair amount of times and I am not sure that LLMs are going to self-correct here, without human input.
It doesn't stop them from making stupid mistakes. It does reduce the amount of time I have to deal with the stupid mistakes that they know how to fix if the problem is pointed out to them, so that I can focus on more focused diffs of cleaner code.
E.g. a real example: The tooling I mentioned at one point early on made the correct functional change, but it's written in Ruby and Ruby allows defining methods multiple times in the same class - the later version just overrides the former. This would of course be a compilation error in most other languages. It's a weakness of using Ruby with a careless (or mindless) developer...
But Rubocop - a linter - will catch it. So forcing all changes through Rubocop and just returning the errors to LLM made it recognise the mistake and delete the old method.
It lowers the cognitive load of the review. Instead of having to wade through and resolve a lot of cruft and make sense of unusually structured code, you can focus on the actual specific changes and subject those to more scrutiny.
And then my plan is to experiment with more semantic checks of the same style as what Rubocop uses, but less prescriptive, of the type "maybe you should pay extra attention here, and explain why this is correct/safe" etc. An example might be to trigger this for any change that involves reading a key or password field or card number whether or not there is a problem with it, and both trigger the LLM to "look twice" and indicate it as an area to pay extra attention to in a human review.
It doesn't need to be perfect, it just need to provide enough of a harness to make it easier for humans in the loop to spot the remaining issues.
Right, so you understand that any dev who already uses for example Github Copilot with various code syntax extensions already achieves whatever it is that your new service is delivering? I'd spare myself the effort if I were you.
It didn't start with the intent of being a service; I started with it because there were a number of things that Copilot or tools like Claude Code doesn't do well enough that annoyed me, and spending a few hours was sufficient to get to the point where it's now my primary coding assistant because it works better for me for my stack, and because I can evolve it further to solve the specific problems I need solved.
So, no, I'll keep doing this because doing this is already saving me effort for my other projects.
Writing code is often easier than reading it. I suspect that coders soon will face what translators face now: fixing machine output at 2x to 3x less pay.
> "Bullshit jobs" are the rubbish required to keep the paperwork tidy, assessed and filed.
It's also the jobs that involve keeping people happy somehow, which may not be "productive" in the most direct sense.
One class of people that needs to be kept happy are managers. What makes managers happy is not always what is actually most productive. What makes managers happy is their perception of what's most productive, or having their ideas about how to solve some problem addressed.
This does, in fact, result in companies paying people to do nothing useful. People get paid to do things that satisfy a need that managers have perceived.
Washing machines created a revolution where we could now expend 1/10th of the human labour to wash the same amount of clothes as before. We now have more than 10 times as much clothes to wash.
I don’t know if it’s induced demand, revealed preference or Jevon’s paradox, maybe all 3.
I've done some 3rd world travel without washing machines for a while and my laundry was once a week dunk stuff in the sink for 5 minutes with shampoo + rinse water, wring and hang up. I don't buy the whole day being necessary thing.
Well, now we can own more clothes! And we can wash them more often! And rather than specialist washerwomen, everyone can/must use the laundry-room robots!
Before teaching your children to do chores: x hours per week for chores
After teaching your children to do chores: y hours per weeks to have annoying discussions with the child, and X hours per week cautioning the children to do the chores, and ensuring that your children do the chore properly. Here X > x.
Additional time for you: -((X-x)+y), where X>x and additionally y > 0.
I imagine standards have also shifted. It just wouldn’t have been possible to wash a child’s clothes after one wear before the invention of the washing machine. People also had far less clothing that they could have even needed to wash.
John Maynard Keynes (1930) - Economic Possibilities for our Grandchildren
> For many ages to come the old Adam will be so strong in us that everybody will need to do some work if he is to be contented. We shall do more things for ourselves than is usual with the rich to-day, only too glad to have small duties and tasks and routines. But beyond this, we shall endeavour to spread the bread thin on the butter-to make what work there is still to be done to be as widely shared as possible. Three-hour shifts or a fifteen-hour week may put off the problem for a great while. For three hours a day is quite enough to satisfy the old Adam in most of us!
AI may give us more efficiency, but it will be filled with more bullshit jobs and consumption, not more leisure.