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Innovation (including robots) will eliminate 5 million jobs by 2020, study finds
ABC News ^ | January 20, 2016

Posted on 01/20/2016 2:22:58 PM PST by presidio9

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To: CMB_polarization

That’s ok. Keep the left in power, they will tax the evil corporations and redistribute the profits from the technology sector.
There will never be a need for individuals to innovate as long as we have the ‘Progressives’ in power.


21 posted on 01/20/2016 3:17:37 PM PST by griswold3 (Just another unlicensed nonconformist in am dangerous Liberal world.)
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To: Trumpinator

That’s what I hear people say but I don’t believe it. Just like power equipment took the place of much manual labor, so robots may take he place of much manual labor. But just as the emergence of power equipment thrust us into a new and better age with lots of economic opportunity, so a robotic age should do the same.

I believe every threshold of a new economic frontier has had naysayers that say there will be less wealth and economic opportunity. I don’t believe it for a second. Uncomfortable for some? Yes. Difficult transition for some? Yes. But economically disadvantageous? No. Economically benefiting most, if not all, individuals? Yes.


22 posted on 01/20/2016 3:28:56 PM PST by Jim W N
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To: Jim 0216

My fear is, what jobs will there be for people with below-average intelligence? Those are the jobs that have been automated. What are they doing to do?

And on top of that, a good portion of those jobs go to illegals.


23 posted on 01/20/2016 3:31:22 PM PST by dfwgator
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To: presidio9

Innovation + capital creates jobs. Innovation + taxes destroys jobs.
So, the author’s probably right.


24 posted on 01/20/2016 3:34:26 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: VanDeKoik

There will be shifts in economics opportunities and retraining needed in certain sectors, but overall, we will benefit from it.

As in the past, sometimes we don’t see where it will come or where it will go. Part of it comes right down to faith in God that He, not man or his government, is guiding us through greater knowledge, inventions, and technological breakthroughs into a better future with a higher standard of living as He as done so in the past.


25 posted on 01/20/2016 3:34:57 PM PST by Jim W N
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To: SeekAndFind

Two things, among others, will remain with all this upheaval.

1) There will always be the need to maintain these things despite what the naysayers say. Somewhere up and down the supply chain, man will be directly involved.

2) Demand always drives supply in the economy. In the service industry for example, I think there will always be demand for the touch of human warmth, graciousness, and expertise when it comes, for instance, to waiters, matire d’s, and chefs in restaurants.


26 posted on 01/20/2016 3:41:58 PM PST by Jim W N
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To: presidio9
I know one job that will emerge.

Combat Soldier, Tech Com, DN213 Forward Recon, Human Resistance.


27 posted on 01/20/2016 3:42:52 PM PST by Lazamataz (If the Oregon occupiers are occupying a National Wildlife REFUGE, are they not now REFUGEES?)
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To: dfwgator

Supply and demand. That is what makes the free economy work, the world go ‘round, and creates wealth and a growing economy. There will always be jobs that are cost-effective for manual work rather than expensive robots.

Fear and man’s government are the great enemy of innovation and economic breakthroughs to new frontiers. Forward Ho!


28 posted on 01/20/2016 3:45:45 PM PST by Jim W N
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To: Jim 0216
We're all gonna die!!!!

HAVEN'T YOU WATCHED TERMINATOR ????!?

29 posted on 01/20/2016 3:47:36 PM PST by Lazamataz (If the Oregon occupiers are occupying a National Wildlife REFUGE, are they not now REFUGEES?)
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To: Trumpinator; Jim 0216

The term is “creative destruction”.

Blacksmiths replaced by cars, etc.. I’m not sure we’re heading toward a new paradigm where this concept doesn’t apply, I don’t think so though. Robot’s require manufacturing, engineering, software, etc.. I’m not sure it’s any different. Robots have been doing many jobs people used to do for decades.

It just seems that new markets keep opening up with technological advances. The main question is - how will the unskilled fair? There may be lots of jobs but they may require skills that leave the unskilled behind. For as much as I’d like to see everyone rise to their potential, it isn’t realistic.


30 posted on 01/20/2016 4:12:52 PM PST by fuzzylogic (welfare state = sharing consequences of poor moral choices among everybody)
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To: Lazamataz

Oh, man I forgot!!!!!!!

What was I thinking????!!!!????


31 posted on 01/20/2016 4:21:22 PM PST by Jim W N
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To: fuzzylogic

Nope, as long as God is still on his throne, there will be opportunity for the unskilled. The only thing that could screw that up is fear and government, which operates through fear.


32 posted on 01/20/2016 4:23:05 PM PST by Jim W N
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To: presidio9

Really gonna mess things up when the sex robots appear.


33 posted on 01/20/2016 5:51:29 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: presidio9

Robots dont work without power.

They also have narrow operating parameters.

Theres a place for everyone.


34 posted on 01/20/2016 5:54:11 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Jim 0216; SeekAndFind
Two things, among others, will remain with all this upheaval.

1) There will always be the need to maintain these things despite what the naysayers say. Somewhere up and down the supply chain, man will be directly involved.

2) Demand always drives supply in the economy. In the service industry for example, I think there will always be demand for the touch of human warmth, graciousness, and expertise when it comes, for instance, to waiters, matire d’s, and chefs in restaurants.

------------------------------

1) Yes, but you will need less people.

2) Yes, as robots/automation takes over jobs that need a human touch like in the fine dining will see still need human labor but unless you are an executive chef, etc service jobs pay less.

35 posted on 01/21/2016 6:13:06 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: fuzzylogic; Jim 0216
Robot’s require manufacturing, engineering, software, etc..

The new paradigm is robots making robots. Computers self writing the software and then programing the robots to make more robots - we have that now with robots or devices that learn as they do a task and pass on that knowledge in self correcting software, etc.

Again, I think everyone is falling into the trap of thinking where the past dictates what the future will look like. Autos came and put the horse and buggy business out of business but we had more jobs, etc is the old paradigm.

The new paradigm replaces human labor and the new innovations reduce the need for human labor substantially.

I am not a Luddite - the opposite actually. I think this is inevitable and we need to prepare our kids for it. I don't have a solution as to what that preparation may be. Maybe have your son become a tailor or a carpenter or some skill where his craft is in demand and is wanted for being hand made. I think Amish made furniture will be in demand in the future as it is today.

36 posted on 01/21/2016 6:19:40 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Trumpinator
you will need less people

If that were true, then there should have been massive unemployment upon the emergence of power machinery and power equipment that took the place of whole swaths of manual label. But the problem didn't materialize because the need for human labor didn't disappear, it shifted to other areas. Same is true here and with every threshold of innovation.

The enemy of wealth, economic growth, and well-being isn't innovation. Innovation CAUSES economic growth, wealth creation, and a higher standard of living. The enemy of economic growth is fear and government, which is fueld by fear.

37 posted on 01/21/2016 7:35:28 AM PST by Jim W N
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To: Jim 0216
If that were true, then there should have been massive unemployment upon the emergence of power machinery and power equipment that took the place of whole swaths of manual label. But the problem didn't materialize because the need for human labor didn't disappear, it shifted to other areas. Same is true here and with every threshold of innovation.

The enemy of wealth, economic growth, and well-being isn't innovation. Innovation CAUSES economic growth, wealth creation, and a higher standard of living. The enemy of economic growth is fear and government, which is fueld by fear.

--------------------

Again, the emphasis on paradigm shift. The power machinery still needed a human brain and hands to operate. The paradigm shift I am seeing (or reading about and pondering) is that the power machines will not need a human behind them. From design to build to deployment to maintenance - no humans. No human repair people, no human programers.

38 posted on 01/21/2016 7:44:11 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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To: Trumpinator

Again, if what you say is true, then past automated innovation should have caused economic hardship. And every time we have reached a new threshold of automation, the naysayers have said, “This is different. This type of automation will cause economic woes.” But research, development, and innovation has always been the catalyst for new vistas of economic opportunity, wealth creation, and economic growth.

The problem is those that tend to fear the future do so because they can’t SEE what will happen and conclude that if they can’t see it, then it won’t exist. At some point, people have to decide whether they’re going to live in fear of the future or in bold faith in a brighter future. Innovation, invention, entrepreneurship all at some point require that gut-level faith in something they don’t yet see but believe in - what they are doing and in the resulting future betterment. And God, who is man’s friend, has something to say about all of this as well.


39 posted on 01/21/2016 7:46:37 AM PST by Jim W N
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To: Jim 0216
The enemy of wealth, economic growth, and well-being isn't innovation. Innovation CAUSES economic growth, wealth creation, and a higher standard of living. The enemy of economic growth is fear and government, which is fueld by fear.

---------

Wealth is being created. But less people are needed in an enterprise. 350 work for Twitter. Facebook has only 4,000 or so people. That is a lot of company wealth to employee ratio compared to a car manufacturing concern.

So the way you think about the world needs to change from 19th and 20th century ways of thinking.

40 posted on 01/21/2016 7:47:29 AM PST by Trumpinator ("Are you Batman?" the boy asked. "I am Batman," Trump said.)
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