I for one will happily give up my job to a robot. SOB can have it and deal with all the dumbasses and government bullshit I do each and everyday. Rust in my chair you steel bastard. LOL
So uh...who will the robots sell their crap to when the humans don’t have jobs?
The US should produce most all that it consumes so remaining jobs will be performed in the US by US citizens.
But if automation eliminates as many jobs as some forecast, we’ll eventually have a monstrous, centralized, redistributionist government. And we’ll have some form of socialism as a tiny group of super-rich will not be allowed to own and control all the factors of production while the large majority own little or nothing.
Will the large number of people with no source of income be allowed to have children? How many?
I can’t believe companies are worse off today then in the older years. Companies don’t give pensions, vacation days, matching funds, or anything hardly. The CEOs sure do alright though.
For most of human history, very few people had "money" as we understand it today. It is only since the dawn of the Industrial Revolution in the late 18th century that the foundational equation of modern economics was developed:
It used to be "If you want to eat you have to work" but this changed to "If you want to eat you have to have money" combined with "If you want to have money you have to work". A subtle but powerful change.
The emerging robotic economy will be so productive that very few people will have to "work" in any traditional sense. But currently we have no way to rationally distribute the fruits of that productivity to those who don't have "jobs". This is the Star Trek paradox. Their society wanted for nothing but nobody had "money" or "jobs" in any sense we'd recognize today.
Not having a job doesn't imply idleness. People will still have "careers" in the sense of lifetime pursuits, it's just that technology will enable such pursuits to be decoupled from the need to survive (or thrive).
If you want a Nobel prize in economics, figure out a convincing solution to this paradox that doesn't collapse into some form of dystopia in short order by allocating all of the robotic output to an elite oligarchy that runs a planet-wide welfare state of peasants (essentially the New World Order's vision of the future).
they forgot the cost of employee lawsuits for ridiculoous reasons...
Funny what with this huge ‘debate’ going on with Carrier and whosoever packing up and going to another country.
I seem to remember Carrier as a SYRACUSE NY (area) company that fled NY and its outlandish taxes and draconian Union goings on. (As for years Manufacturers left New England and moved to Dixie - and when the ‘bad things’ caught up with the companies, the next move was out of the country).
When R Limbaugh moved his operation from NY to FL some idiot (Cuomo or the sitting GOV) in NY actually said - Good riddance to bad rubbish as they were losing a pretty good chunk of money by his departure.
Jf’nKerry the Patriot (heard he served in Vietnam) lived in MA and berthed his Yacht (Made in ????(not USA)) in RI because less taxes.
Again, the other day while clumsily putting my card in the new reader and after the second attempt (goes on an angle not straight in?????) I turned to another ‘SC’ in line and proclaimed...
“I always shied away from the job of Cashier because I didn’t want to mess with Credit Cards, Money and figuring change etc.” (OF course today they are NOT cashiers or even employees, they are Sales Assistants (put the card there) and workers (although if I have to process my own card, who is doing the ‘work’?)
The young lady gave me the ‘look’ (Actually they don’t realize that MY generation ‘invented’ the ‘look’) you know - Hey ‘Old Man/Woman’ how did you ever survive this long’?
I looked her straight in the eye and LOUDLY said - (you know the line ALWAYS gets longer when there is a ‘dummy’ at the front of it)
“You must feel pretty good training ME how to use YOUR replacement”
I don’t remember which generation figured they should start off as President or CEO of the company (Surely not ours) and I do seem to remember the flock of ‘youngsters’ that arrived at my job site - looking for work - that didn’t know which end of a broom to use BUT admittedly they did figure out the the ‘big thing on the end’ was better on the ground when it came to leaning on something.
Never thought I would have the wherewithall to look at my grandson complaining about college— where he gets to expand his Baseball playing a few more years— and not mentioning what I was doing at the same age...etc etc etc...
Of course MY grandfather and his generation had the same thoughts about me and ‘us’ (well we ALL know ‘I’ was the ‘apple of my grandfathers eye’ and could do no wrong)
Yes, the more some things change, the more they remain the same.