Posted on 03/29/2016 5:57:04 AM PDT by C19fan
A viral video released in February showed Boston Dynamics' new bipedal robot, Atlas, performing human-like tasks: opening doors, tromping about in the snow, lifting and stacking boxes. Tech geeks cheered and Silicon Valley investors salivated at the potential end to human manual labor.
Shortly thereafter, White House economists released a forecast that calculated more precisely whom Atlas and other forms of automation are going to put out of work. Most occupations that pay less than $20 an hour are likely to be, in the words of the report, “automated into obsolescence.”
(Excerpt) Read more at latimes.com ...
Economics will dictate that it isn’t cost effective to employee 100% robotic workforce as it will too greatly affect the purchasing power of said business’ customer base. Prices will have to drop in order to make those goods and services affordable to a population that has been replaced by robots. At the end of the day, will businesses invest heavily in robots when it will have the long term effect of driving down prices and gross revenue?
The concept of a “business” will be obsolete once resources and labor become free. Everything will be given to you and working for things will be obsolete.
It’s only a question of who decides who gets what and how much. Since there is no opportunity to work for things, it would be decided purely by lottery or old social ranking.
But if we are able to leave this planet and automatically colonize others without limits (or even create new planets), material things would become completely unlimited for ALL
They couldn’t pay a robot enough to do my job. The robot would quit, break down, and begin whining like a gdam millennial. Plus, my company needs someone to blame when sht goes wrong. They would never be able to blame I.T., because I.T. would see the real crap they do all day online and expose them to save their own jobs. The repair costs on robots, in one session, would be more than I make in a year anyone, so I’m not worried at all. Bring it on.
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