Posted on 04/16/2018 6:57:24 AM PDT by C19fan
The Governor of the Bank of England has warned that the rise of robots in the workplace could cause a revival in Communism and 19th-century wage stagnation.
Mark Carney, 53, said automation of millions of jobs would result in more support of Communist ideas within a generation.
'Marx and Engels may again become relevant' if mechanisation forces down pay and raises inequality, he warned.
To alleviate the damage, Carney suggested workers should train for jobs that require higher emotional intelligence, for example in care and leisure.
(Excerpt) Read more at dailymail.co.uk ...
Yep.
And two things:
1. Whenever I see a clumsy robot prototype doing things, I see it as the equivalent of Henry Ford’s first car he built in his garage.
2. To that end. The first “self driving car” I ever saw was on a PBS show back in the 1990’s. The car would go forward a foot, calculate its next move for 45 minutes, and then correct course and do it again.
They’ve gotten better.
All robots will get better. And that includes the one that have not even been imagined yet.
I have real deep seated problems with offshoring. I have zero problems with modern automated factories INSIDE THE USA!
Those ambulatory gyroscopically balanced robots that can run really bug me, what would they need to chase? Not a ball or a stick, that’s for sure.
Idle hands are the devil’s workshop.
They'll be Spandex jackets, one for everyone.
Japan has more robots than anywhere in the world and they are nowhere close to becoming communist. What the problem is outside of Japan is the old families don’t know how to keep vast amounts of people poor in order stay in power while robots are doing all the work. The establishment would rather kill regular people than lose power.
Of course there was the loss of unskilled production jobs over the past 50 years but now there is even more need for the skilled maintenance personnel to work on the equipment. Hopefully more schools will start focusing on industrial shop classes to prepare kids to move on to legitimate trade schools instead of colleges.........
I say "legitimate" because Detroit has a Focus Hope trade school that isn't worth crap. All they cared about was enrollment numbers due to federal funding and didn't give a rat's butt whether the inner city students showed up or not........most of the time they didn't
Well, there are all sorts of reasons, and all sorts of things they could be used for. But when you see them as just the “Model T” of their type, the future is, um, interesting.
Here is the problem with the “robots taking our jobs” theory... let’s say robots are wildly successful and take all the jobs in an area, including making hamburgers... who will then be left who can afford a hamburger? No one... so the price of hamburgers will start to fall..., but as more people get displaced, they will also stop buying hamburgers... so while on the surface, robots seem great, over time, they will erode the purchasing power of the individuals in the economy, thus erasing their value.
In short, robots will have short term value to early adopters, but will only drive down the price of goods and services produced as companies all adopt robots or get driven out of business. Companies will have to produce more product, for less profit, to sell to fewer people who can afford the offer.
Higher emotional intelligence but lower average salary.
Really?
As opposed to what switchboard operators, bank tellers and secretaries used to do? How about typesetters? You don’t want to begin to count how factory work has already changed.
We’re going to be facing them down one of these days. The things give me the creeps.
What is the name your plantation and how many slaves work it, massah?
I think that everyone should be able to vote at eighteen and even after they have served time for non-violent felonies. Perhaps a better way to do it would be proportional voting where 18 year olds get 1 vote, 21 and over get two, married parents of children get 3 each, and anyone on welfare gets a point taken away.
Which could result in a violent revolt.
Its hard to automate a factory in the USA when the factory was OFF SHORED to the third world by the Free Traitors™.
Veterans get 10 votes!
Nope. Try again.
Robots are only deployed as burger makers if they are cost-savers. Then with fewer cooks back there, the cooks are more productive and a higher wage is justified/commanded.
Don’t fall for the hysteria.
The hysteria should be where government control is the guiding motivation and justification. We have plenty to fight back there. As opposed to fighting the market forces that make individual workers more productive.
Yes. It’s a scare tactic.
I agree. It seems a circle of death to me.
Amen.
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