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> As automation replaces low-skill jobs, the wage premium may actually skyrocket for those who are able to get a job. There was an article recently about auto
by digitalzombie 9y ago
> As automation replaces low-skill jobs, the wage premium may actually skyrocket for those who are able to get a job.
There was an article recently about automation actually lower the cost.
I had a debate about this with my libertarian friend.
Buddy: "Automation is a great!"
I know he's libertarian I was curious if he would support government program for the job that's being displaced. I'm for automation too.
Me: "So what about the people who are displace?"
Buddy: Well for the job that left over from automation will go up. So if waiters got displace, the rest of the worker who sill wait table will have their wages rises.
I didn't have a response to this because I have no idea if it's true or not. Then on reddit and hacknews there was an article talking about automation will cause wages to go down for the job automation is taken over. As for your comment of either job wages going up or not.
Anyway, it goes on and on until his solution was: family, church, community, and he very very reluctantly states government assistance. Also throughout said talk, he never thought about these people or flesh out a real plan for this.
Your comment reminded me of this conversation.
I'm not entirely sure if you're talking about the people who's getting replace or the other job. Either way unskilled workers still need a skill/trade to even get a job that's not automated.
If we're going to automate away all or most of the low skill job then what happen to these unskilled people?
For the people that are able to land a job, I think it's your speculation, in term of wages will go up.
I think education either college or vocational school or online or whatever is going to help unskilled labor pool. And how are they even going to even do that given that the job pool for unskilled or low skill labors are going away? How do they train for skill while having no money?