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That hasn't happened yet though. Stock brokers, on the other hand, once the quintessential white collar job, have been completely replaced by automated trading

• wsxcde 9y ago
  Because robots aren't cheap, at least for now. We're still at a stage where compute is cheap but interacting with real world using interfaces that go beyond screens and keyboards is still cumbersome and expensive. But coming back to stock brokers, is there an epidemic of college educated stock brokers ending up unemployed due to automation? I don't think so and that's because they have other skills they gained from their education. Automated trading algorithms don't make stock brokers useless in the same what that automated garbage collection doesn't make programmers useless.
  • ThomPete 9y ago
    It's not just that they aren't cheap. They don't exist yet.
    • wsxcde 9y ago
      What do you think roomba is, if not a house-cleaning robot? ED: yes, they're not perfect but give it about 20 years. I'm pretty sure we won't have human cleaners by then.
      • ThomPete 9y ago
        You are joking right. Have you ever had a cleaning job? A Roomba isn't going to solve your cleaning needs, not even by a longshot.