Wednesday, December 28, 2016

Robots are taking our jobs

Jobs will be disappearing:
Wharton School of Business at the University of Pennsylvania has warned that all the developed nations on earth will see job loss rates of up to 47 per cent within the next 25 years.

The statistic is based on a recent Oxford University study and includes blue and white collar jobs. So far, the loss has been restricted to the blue collar variety, particularly in manufacturing so no one has cared that much as this has been happening since the 1960s.

The new trend is not creating new jobs either. By 2034, just a few decades, mid-level jobs will be by and large obsolete.

So far the benefits have only gone to the ultra-wealthy, the top 1 per cent. This coming technological revolution is set to wipe out what looks to be the entire middle class.
By contrast, this TED Talk assures us that new jobs will be created somehow:
Here's a paradox you don't hear much about: despite a century of creating machines to do our work for us, the proportion of adults in the US with a job has consistently gone up for the past 125 years. Why hasn't human labor become redundant and our skills obsolete? In this talk about the future of work, economist David Autor addresses the question of why there are still so many jobs and comes up with a surprising, hopeful answer.
When farms were automatics, ppl moved to factories, and when they were automated, they moved to office work. What is next?

Sure, there will be work, like giving baths to elderly ppl. But I think that the first article is right that the good jobs will be disappearing, not increasing.

What are the policy implications? It seems to be that we need to reduce our population.

Besides robots taking our jobs, a few experts say marriage will be legal between humans and robots by 2050.

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