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True to a point but you're trying to handwave around some very simple math. We are not seeing new industries emerge that require large pools of labor which mea
by knieveltech 10y ago
True to a point but you're trying to handwave around some very simple math. We are not seeing new industries emerge that require large pools of labor which means the jobs being wiped out by automation are not being replenished.
- chrisfosterelli 10y ago> We are not seeing new industries emerge that require large pools of labor which means the jobs being wiped out by automation are not being replenished. Do you have a citation for that? I would be interested in seeing that. According to the Chinese government (which has been accused, in fairness, of fudging the numbers) their unemployment rate is highly stable. Historically, as countries transition from developing to developed their workforce will shift from primarily non-skilled labour to primarily skilled labour [1]. China appears to be following this line naturally, if you trust their reported unemployment rates. [1]: http://images.slideplayer.com/21/6263323/slides/slide_12.jpg http://images.slideplayer.com/21/6263323/slides/slide_12.jpg
- knieveltech 10y agoI do not have a citation. Are you aware of any combination of industries that have emerged in the last 30 years that have produced strong demand for unskilled or semi-skilled labor? Housing & construction hasn't blown up, manufacturing sector jobs have vanished. Mining is in sharp decline. Forestry has automated away most of it's workforce. Infrastructure is also in the toilet. So what am I missing?
- namsral 10y agoIt will take time, most likely a generation. The generation preceding the current generation will be better educated and take-on the more skill demanding jobs.
- knieveltech 10y agoWhat more skill demanding jobs, specifically? Where?
- douche 10y agohttp://strikemag.org/bullshit-jobs/ http://strikemag.org/bullshit-jobs/ Basically hiring people to dig and fill up white-collared holes.