Posted on 05/02/2017 6:28:43 PM PDT by 2ndDivisionVet
The tech industry collectively face-palmed when Trump's treasury secretary said earlier this year that the threat of robots taking human jobs was "not even on our radar screen."
There is a growing evidence that robots and artificial intelligence could displace huge swaths of the American workforce....
(Excerpt) Read more at businessinsider.com ...
How “progressives” become anti-progress.
I’m a lifelong nerd and no man can call me a Luddite but to simply sit on our thumbs while people are permanently unemployed by robotics - not merely displaced like in the 1800’s - it’s going to lead to severe social chaos if not outright violence. As other Freepers have pointed out, you cannot leave a significant portion of Americans without any real possibility of employment because they got ‘bot-sourced’. Either a Socialist savior will rise up or people will eventually explode in frustration. This isn’t some 4th world dungpit where people just quietly starve.
That being said, I am CERTAIN that the liberal enclave’s ‘solution’ will absolutely suck pig balls.
And this is how the Butlerian Jihad begins...
“How can we put that money in our pockets?”
...The First Law of progressive governance.
“Nobody talks about the First Law.”
The Second Law of progressive governance.
So the machine that makes me a cup of coffee in the lunchroom is a job thief?
Who knew.
Good one.
First such reference Ive seen.
A straightforward conservative response would be to allow the lower capital gains tax only on money that is reinvested.
Reinvested capital creates more jobs.
Honestly, automation isn’t really an issue.
It only gets blamed for job loss because people forget about the other side of the equation: output.
Think of it like this: if productivity improves by 5% a year because of automation, you’ll need 5% fewer workers to make the same output, right?
All things being equal, you’ll lose jobs. This is what people think is happening.
But, if output also increase by the same amount, there’s no net loss of jobs. In other words, if the economy grows at the rate of technology, or faster, automation won’t cause a loss of jobs.
That’s why, in the long run, automation hasn’t caused mass unemployment (and it’s been going on non-stop for the last 1000 years). All that’s changed is our prosperity.
That brings us back to the present: automation is being blamed right now because our output isn’t increasing as fast as our productivity. Why? Offshoring.
When we build our new factories in China or Mexico, they get the output, and the jobs, and the jobs we have are subject to erosion caused by automation.
So it’s not really about automation, it’s about offshoring & economic globalization.
Some nerd will invent the ultimate viagra pill where you never stop cumin’. Case closed. Trade it for Moozlem oil. No more terror. We get the leftover virgins.
He also thought very little of homosexuality, apparently.
@1’st century luddites
A true luddite
21’st century luddites
That’s funny. That’s pretty much what they said about looms. You don’t burn and smash those, do you? (I’d insert a smiley face here, if I wasn’t so computer inept, to show I say this kiddingly with just a touch of seriousness.)
Nonsense. As nations or people become more affluent and wealthier, they have smaller families. Eventually, population will drop. Consider this; there are more people now than ever and waaaaay more mechanical means to do things than ever, yet unemployment isn’t out of control because of that.
Other than certain economic crisis that can affect employment, regulations is a biggies along with minimum wage requirements, mandatory bennies and payroll taxes and insurances. machines are cheaper.
However, it now appears that technology is capable of replacing people ... permanently.
What is happening now is not your grandpa's industrial revolution.
There is more and more talk of a UBI: Universal Basic Income that will be doled out to one and all so that no one needs to work in order to survive.
Those who choose to work (and can find a job to do) will be free to do so in order to make more money for a better lifestyle.
But an ever-increasing section of the population may be destined to become videogamers, vloggers, and vagabonds.
So cut off their “human rights” to USG/State’s paid Internet, Phone service, etc., and make them all do volunteer work 40-hours a week if they are on the gov dole - they want utopia well it’s gonna take their sweat and tears too.
So the machine that makes me a cup of coffee in the lunchroom is a job thief?
= = =
But if you ask your Secy to make a cup of coffee, prepare to meet the guillotine.
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