More technology has always ultimately led to more employment opportunities for people, but I’m wondering if that could be coming to an end.
Even if more jobs could still be created, what do you do with a 55 year old man who has always gotten by with semi-skilled or low skilled work who cannot live long enough to get his education caught up to the point where he can be trained for these new opportunities?
Our jobs will be to build and service the machines.
But there will be many 100s of millions without work...living off welfare funded by the ENORMOUS increase in productivity.
Traditionally true. The difference (I think) is that now we are
1) Creating objects (robots) designed to do and completed entire jobs, not just parts as well as take over entire fields of employment, leaving no place for those workers to go.
2) Narrowing the field of what jobs are created as a result (Programmer, mechanical engineer, repair person.) There are not more job types being created but less - and if robot start building robots, all three of those go away as well.
If our damn schools were geared towards getting people to work, companies would probably hire people straight out of high school and train them. Instead, the teachers unions are more concerned about filling universities with warm bodies that don’t want to be there so that they look good on the world stage.