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Automation has been putting people out of jobs since 95% of the population were farmers. The new theory isn't "will automation put people out of a job?". Of cou
by crdoconnor 10y ago
Automation has been putting people out of jobs since 95% of the population were farmers. The new theory isn't "will automation put people out of a job?". Of course it will. It always has.
The weird new theory put forward by a cadre of politicians, billionaires and economists is that this is somehow a new thing (sometimes referred to as "the luddite fallacy"), and somehow a process that it is largely responsible for all of the jobs that were deliberately offshored and destroyed via austerity.
Of course, I couldn't possibly comment on why this cadre would want to scapegoat the inevitable forward march of technology and baby boomers for the problems caused by their corrupt backroom trade deals and lobbying.
You can tell if somebody is a REAL believer in the power of robots to eliminate the need for human labor:
They won't object to increasing wages. They won't object to increasing government spending. They won't object to any policy decision that is "inflationary". Because, if robots really were going to soon do, say, 60% of jobs the countervailing deflationary pressures would be staggering.