3 ms·
Improving the education system seems like a pretty obvious solution. It's a controversial subject and there are many strong opinions about which approach is rig
by wefarrell 9y ago
Improving the education system seems like a pretty obvious solution. It's a controversial subject and there are many strong opinions about which approach is right. I'm not sure what exactly the right course is but I do know that it involves more resources, smarter teachers, and higher teacher to student ratios.
- frgtpsswrdlame 9y agoEducation might help but it won't solve the problem. As a thought experiment, what if the government let everyone pursue phds for free, would we still have poor people? Of course! The way to fix this problem is through direct redistribution. Trade and globalization are not pareto efficient, they are kaldor-hicks efficient. And while we have been sending jobs overseas to the benefit of the upper class, we've also been lowering their tax rates, essentially benefitting the rich at the expense of the poor on both sides of the equation. High, progressive tax rates and strong social safety nets can get us out of this mess, everything else is a diversion.
- svachalek 9y agoIn the very short term, maybe it helps prevent the mass unemployment of new grads, but it doesn't change the structural situation -- over the course of this century, possibly in the first half of this century, machines are likely to surpass even the best-educated humans.
- anotherbrownguy 9y agoWhat would you educate people to do? For example, getting a degree in Library Science with hopes of becoming a librarian would definitely not help them get a job because people are moving to digital delivery for books and this will only increase. So, I hope you have courses in mind which would make them valuable even after all menial jobs that we can think of now are automated away.