Rubbish....
No YOU have been bamboozled hook, line and sinker.
What companies are not trying to save money through automation and A.I.?
It’s A LOT cheaper with Automation and A.I. that does not require companies to pay out, health benefits or vacation. Moreover, A.I. can work more than 40 hours a week.
People will initially service the machines, but you don’t need that many people compared to the number of people that were in a job field before. Furthermore, you will not need as many people in time servicing the machines as technology gets better. In other words Robots will service Robots, A.I., etc...
What industry needs will NOT be affected by technology?
You are trying to make an argument that was lost a long time ago. Good luck selling your lemon.
“You are trying to make an argument that was lost a long time ago. Good luck selling your lemon.”
Your missing his point. Robots make stuff. No one builds robots to make stuff unless there is someone to buy the stuff. If no one has a job and no one can afford to buy stuff then companies will not make it. There will be equilibrium. Most of the stuff we have in our homes was made, in part, by robots. 150 years ago they did not have robots... and they had less, and less complicated, stuff. So more robots = cheaper stuff = people have more stuff.
I am an engineer. I use a computer to get stuff done that would have taken longer by hand 80 years ago... but is there LESS demand for engineers? No. Ditto for lots and lots of industries. Someone made a device for bartenders to mix drinks faster... and bartenders still have jobs.
“What companies are not trying to save money through automation and A.I.?”
I would hope all of them so I can buy their products cheaper.
“People will initially service the machines, but you don’t need that many people compared to the number of people that were in a job field before. Furthermore, you will not need as many people in time servicing the machines as technology gets better. In other words Robots will service Robots, A.I., etc...”
Truly idiotic logic and ignorance of human nature and potential. Tell me, are the only jobs available today building, fixing, maintaining tractors, combines, sowers, weeders etc?? Over the years, close to 80 percent of the people have been displaced by those machines and yet most people today have jobs that have nothing to do with fixing those machines or working on the farm. What are these people doing today?
Same thing with the digital revolution - how many clerks, secretary, travel agents, tellers have been displaced by that revolution? Yet unemployment today is at 4.4% and illiterate, non english speaking illegal immigrants from AI-free countries are flooding across the border and getting jobs in our AI rich country where all jobs supposedly are going to robots?!
“What industry needs will NOT be affected by technology?”
Hopefully all of them - that’s what increases productivity and your standard of living. Or would you rather be living in AI free Burundi?
I see your handle is Enlightened1, a better one might be “Bamboozled”.