Posted on 03/02/2015 4:49:50 AM PST by expat_panama
As robots increasingly adopt human qualities, including those that allow them to replace actual human labor, economists are starting to worry. As the Wall Street Journal reported last week, some “wonder if automation technology is near a tipping point, when machines finally master traits that have kept human workers irreplaceable.”
The fears of economists, politicians and workers themselves are way overdone. They should embrace the rise of robots precisely because they love job creation. As my upcoming book Popular Economics points out with regularity, abundant job creation is always and everywhere the happy result of technological advances that tautologically lead to job destruction.
Robots will ultimately be the biggest job creators simply because aggressive automation will free us up to do new work by virtue of it erasing toil that was once essential. Lest we forget, there was a time in American history when just about everyone worked whether they wanted to or not — on farms — just to survive. Thank goodness technology destroyed lots of agricultural work that freed Americans up to pursue a wide range of vocations off the farm.
With their evolution as labor inputs, robots bring the promise of new forms of work that will have us marveling at labor we wasted in the past, and that will make past job destroyers like wind, water, the cotton gin, the car, the internet and the computer seem small by comparison. All the previously mentioned advances made lots of work redundant, but far from forcing us into breadlines, the destruction of certain forms of work occurred alongside the creation of totally new ways to earn a living. Robots promise a beautiful multiple of the same.
To understand why, we need to first remember that what is saved on labor redounds to increased capital availability for new ideas...
(Excerpt) Read more at forbes.com ...
I already miss the simple physical work I did as a youth, but those kinds of jobs barely exist today and aren't even sufficient to provide basic sustenance. As I became more educated, and took on jobs that required more creativity and free thinking (in the hard sciences mind you, I wasn't thinking of artistic endeavors) the pay got better, but I had more responsibility, more stress, and much less free time. If you read about the transformation from feudal peasantry to industrial economies you see the same trend. I forget the details, but some of the early businessmen went around to try to improve business models/productivity, and found that in Russia the peasants basically engaged in what they considered play for most of their day, interspersed with a few hours of hard work. At that time they were incapable of being trained to focus on a particular task (factory) for a whole ten hour day. So perhaps this is an old trend, that continues to push all of us to strive harder, while reaping slightly greater rewards.
Robots that are strong are intrinsically expensive, there’ll always be a market for physical laborers, and laborers with skills.
The break-even point for replacing such labor can only come down slowly.
Factory labor jobs however are indeed going to quickly become roboticized.
But the capital created by the robots will be free to create unknown new jobs, whole new industries!
Except that the government is going to take all that new capital and spend it on debt interest and welfare.
Slavic? Hmmmm.
I’m going to tune in tomorrow to see if you ever received a response.
I’m not holding my breath.
BTW I threw out those choices based on the unusual word order the troll uses.
He definitely does not have a command of idiomatic English.
Somehow over my morning coffee all I can think about is the joke about the constipated math prof that had to work it out with a pencil.
It was to alert the real Freepers of possible hacked accounts by Trolls?
The funny thing was I never called anyone out on that thread..... Although you called out yourself. LOL! Too funny.
That is another lie, you have two vanity threads on the subject and you do identify the posters that you are accusing of being sleeper accounts and going years between posts, interestingly, you are an actual sleeper account that you didn’t start using until almost a year after signing up, and only months ago.
Why won’t you return to those vanity threads of yours to discuss this with all the posters that are mocking you and exposing you?
Why are you avoiding going back to your own thread making the attacks?
“It Appears There Are Hijacked Freeper Accounts”
http://www.freerepublic.com/focus/f-chat/3262821/posts?q=1&;page=1#1
Geeze but are you a piece of work sonny. Why haven’t you responded to all of the posters calling you out on your ‘hijacked thread’ crap? You had better try a bit harder keeping your B/S charges straight noobie. (Maybe when you get a little older you might get a bit better at it.) You are over matched here junior.....maybe the DUmp might be more your speed.
Post #109 should be directed to #107....not ansel12’s #108.
I'm not saying you are one, but you exhibit the behavior of one.
Now, ANSEL12 is definitely NOT an internet troll. I can vouch for that. He is just a plain old troll. Lives under a bridge. How do I know ? I live under the bridge by the fifth girder, he lives by the fourth.
Here is a selfie of us getting ready to boil some water to make soup.
LOL!
Ping for later.
True story. She’s now thinking of going back to junior college to learn to become an EMT.
Home of The "Enlightened1"
The World's First Bona Fide
Internet Buddha Troll
That troll cartoon fits him PERFECTLY!!! Okay, listen up you FRee Republic, no posting, ‘hijackers’.....no more of that jazz okay!? (None of you has posted here since 1946 or 1947 and I know that because that young’n, enlightened1, is all over it!) Damn, trolls like this kid are fun to bat around aren’t they?
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