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No, no it is not, for fuck's sake. Automation is not new. The spinning Jenny was invented in 1764. Robot labor has been here since industrialization started and
by astazangasta 11y ago
No, no it is not, for fuck's sake. Automation is not new. The spinning Jenny was invented in 1764. Robot labor has been here since industrialization started and there is NOTHING new in the last twenty years. Automation is only the replacement of manual labor with machine labor, a.k.a productivity growth. If you've noticed, economies have been growing for centuries. In fact, growth is slower now than in the past. Automation is happening less now.
Stop believing all this 'robots are coming for our jobs' crap. The robots have always been here.
- kruczek 11y agoNew or not, there are more and more jobs which are becoming automated and it is a valid question to ask how society should be organized when all jobs would be automated.
- astazangasta 11y agoNo, this is the wrong question to ask. First of all, the rate of automation has not so far resulted in the disappearance of new work - we all survived the contraction of agriculture from employing some 50% of the population to less than 3%. There is plenty of work. An astonishing amount of work is available for people to do that isn't being done, and it's not because people are obsolete. What is lacking is capital directed at hiring people for that work. You can argue about why this is, but the basic reason to me is the general lack of demand because, more or less, the rich have all the money. Here is Krugman on the subject: http://www.nybooks.com/articles/2015/12/17/robert-reich-challenging-oligarchy/ http://www.nybooks.com/articles/2015/12/17/robert-reich-chal...