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WEF's Davos Report On Robots, Automation And Job Loss: A Trivial Result Of No Matter At all
forbes ^ | 1-18-2016 | Tim Worstall

Posted on 01/18/2016 8:34:55 AM PST by Citizen Zed

We don't all just sit here like milch cows chewing the cud until our time to be fired comes. The economy as a whole is a constant churning of jobs. If we count just people who are fired (or their employer goes bust) then it's about 10% of the workforce each year. If we add in quits (where we decide to leave a job for a better one) then it's another 10% of all jobs each year.

Meaning that we expect 50 to 100% of all jobs to change over those five years anyway: no, obviously not that all jobs will change but that as many jobs as 100% of all jobs will change. And here's the thing: each of those firings and quits involves some small amount of technological change.

(Excerpt) Read more at forbes.com ...


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Then there's that new robot union.
1 posted on 01/18/2016 8:34:55 AM PST by Citizen Zed
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To: Citizen Zed

They are over-hyping the future of employment, if only because of human demand for work / meaning and fear of machines.

The Great Shift Toward Automation and the Future of Employment
http://hubpages.com/business/The-Great-Shift-and-the-Future-of-Employment


2 posted on 01/18/2016 9:58:22 AM PST by tbw2
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To: Citizen Zed

two hundred years ago, 49% of the workforce were farmers. We should have banned tractors to save those agricultural jobs.


3 posted on 01/18/2016 10:19:04 AM PST by DugwayDuke
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