Why Robots Will Be The Biggest Job Creators In World History

Forbes ^ | 3/01/2015 | John Tamny

[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...

[Enlightened1]

Here look,

Anyway go to 1:48 seconds if you are in hurry. This is where it repeat what I wrote above. Overall it’s a short video on the Quantum Chip.

https://www.youtube.com/watch?v=m3TOWanwuO8

Here is a second video with the same college professor (this is a continuation from the second link in my last email) that explains the 2^300th power.

The professor comes in at about after 60 seconds.

https://www.youtube.com/watch?v=g_IaVepNDT4

Finally, can you solve this?

https://www.youtube.com/watch?v=vKA4w2O61Xo

[tbw2]

I can imagine where having paid human servants becomes a status symbol again, imagined as a social good because it provides employment.

[discostu]

It could happen. Technology constantly allows us to have a higher number of people with a higher standard of living requiring less effort (from individuals and often times from the whole). It’s entirely possible, maybe even inevitable, that said effort level can drop to the point where don’t need the majority to be employed. Heck when you look at us with 47% of the population getting some sort of government dole and having big screen TVs and smartphones it’s possible we already crossed that line.

As automation gets better and cheaper it eventually WILL make humans too expensive. Simply the fact that machines don’t get sick, go on vacation, or need to sleep periodically means makes a machine a really good idea for most jobs. The only real question is how many years of salary does it cost, when that number gets low enough (and that’s a when not an if) bye bye person.

[Enlightened1]

So where were you between 2/27/2015 and 9/27/13?????

Oh but over the last 3 days you posted about 50 times. All of a sudden you have a lot to say right???

LOL! Wow you just made my day :)

For the record, I am in the certainly in the Cruz camp. I think he is the best for the job. So to accuse me of being a die hard Paulbot is ridiculous.

Anyhow, I have a little story for you and a lesson. During the second World War B-17 pilots would intentionally fly into the flak. This was because where there was the most flak... was when you were directly over the target.

Obviously I struck a nerve. If what I said was not true, then you would not have focused THAT MUCH attention. Maybe post a reply one or two times? Although, you certainly would not have a conniption fit, go into psychopathic orgasmic rage like it's the end of the world. And its WHY you are still talking about it....

Now you know why I am laughing. You are making my point.

People do not go into a lunatic rage if something is not true unless there was some truth to what I said. That's psychology 101 that's clearly over your head.

Nevertheless, since the thread got so much attention. I want to thank you for it. Hopefully, more Freepers will just look at your names and see how often you post.

Finally, I posted 1 thread from a conservative web site about CPAC and you accuse me like a lunatic that I'm all in the Paul camp. LOL!

I've been posting on here most days for quite some time about various topics. Not like you (about 50 or so posts) since 2/28 and noting before since 2013. Even back then there are maybe less than 12 posts in few years. Then all of a sudden about 50 in 3 days.

Oh but you are not a Troll... LOL!

[dfwgator]

But those jobs more and more are going to be from thinking rather than from manual effort. There were plenty of manual jobs out there for those who weren’t blessed with those kinds of smarts, what will there be for them to do?

Idle hands are the Devil’s Playground.

[SunkenCiv]

Anything that increases productivity increases wealth, but alas, that won’t lead to an age of philosopher kings, it’ll lead instead to a crime-ridden drug-soaked welfare-addict society in parts of the country (the urban areas) and gated communities everywhere else.

[discostu]

Yep, I’ve got no idea what we do with folks. I suppose ideally we get to some sort of Star Trek where people can be colonists, explorers or at least artisans. Might explain why even though they talked a good game when you really look at it the Federation had a pretty casual disregard for the value of human life, a huge ships with hundred maybe thousand of crew disappear in some space thingy nobody knows anything about and they just go send another one. Because if the tech ever actually gets to that point pretty much everybody is expendable.

[dfwgator]

I suppose ideally we get to some sort of Star Trek where people can be colonists, explorers or at least artisans.

Just give them all red shirts. ;)

[CatherineofAragon]

Dude, the crazy is strong in you. Industrial-strength strong.

I wish I could hang around to see the festivities which ensue, but I can’t. I’ll have to check in later.

[SunkenCiv]

http://www.afterdark.io/

[fieldmarshaldj]

This is how the Butlerian Jihad got started.

[ansel12]

Why won’t you return to your vanity threads that you posted as a sleeper troll?

You have hundreds of responding postss on this one alone, but you refused to respond after everyone started calling you out.
http://www.freerepublic.com/focus/f-chat/3262821/posts?page=238#238

Why haven’t you figured out how to check someone’s posting history after days of people telling you how?

Why do you have two of your vanity threads accusing people of having sleeper accounts, but you avoid those threads now? Why are you avoiding your own threads of your bizarre ravings and why are you going days pretending that you can’t find a search history?

[LonePalm]

I hate, loathe, despise, and detest printers.

Ben Franklin would be deeply saddened. ;-)

"Ceterum censeo 0bama esse delendam."

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

[Mr. Jeeves]

Their called tariffs, and our founding fathers knew haw to use them. It isn’t a new concept.

Unlike Colonial times, the US economy is now heavily import-dependent. Thanks to our current tax and regulatory environment new tariffs wouldn't result in any mass return of manufacturing to American shores - they would just wipe out the hundreds of thousands of small- and medium-sized businesses who currently import their products and materials out of necessity - because the skill to produce them no longer exists in the USA.

In fact, tariffs would destroy the remaining white middle class economy and advance the Socialist agenda so effectively I expect Obama desperately wishes to impose them, himself - but his international Communist masters would hardly allow that.

[Mears]

bfl

[central_va]

Unlike Colonial times, the US economy is now heavily import-dependent. Thanks to our current tax and regulatory environment new tariffs wouldn't result in any mass return of manufacturing to American shores - they would just wipe out the hundreds of thousands of small- and medium-sized businesses who currently import their products and materials out of necessity - because the skill to produce them no longer exists in the USA.

Ok then. What we have now is not sustainable painful tariffs would let the USA know that it is time to pay the piper for out stupid greedy ways. And you are wrong, manufacturing would come back big time.

[1010RD]

Good. You’re getting it, now. Let’s start with fixing corporate taxes, capital gains taxes, estate taxes and then cutting the regulatory nightmare that makes businesses flee. They also make it very expensive to hire American workers.

[shibumi]

One question, Troll.

What is your first language?

(Personally I'm taking bets that it's from the Sino-Tibetan Group, probably Nepali or Mandarin. But I wouldn't be too surprised if it turned out to be Slavic.))

[x]

I believe the article is correct; robots will eliminate LABOR based jobs, freeing those with the intellect and skills to pursue more productive and interesting work than many have been able to find in the past. On the flip side, those with an IQ at or below about 105-110, who have relied on skilled labor jobs in the past because they were not capable of excelling in these types of careers, will feel that robots have destroyed their lives by taking their “jobs” and become a permanent underclass.

I don't know. A lot of "interesting" and "creative" work is BS, or can be more burdensome than manual labor. The old joke about progressive education had the kids complaining to the teacher, "Do we really have to do what we want to do again today?" In the same, way, always having to be engaged or creative or competitive may wear people down, and many (ourselves included maybe) could come to miss "an honest day's pay for an honest day's work," and regret having to give more than 8 hours to "the man."

[JoeFromSidney]

century ago the very word "computer" referred to a worker whose job it was to well, "compute".

When I was an undergraduate we used to joke about one of our math profs who took a calculator on his honeymoon. That was her job, to run a mechanical calculating machine in an office.