4 ms·
Human labor is not obsolete. Take the old trope that the infrastructure in the U.S. is crumbling--is it crumbling because we've run out of bricks, or because we
by mrfredward 8y ago
Human labor is not obsolete. Take the old trope that the infrastructure in the U.S. is crumbling--is it crumbling because we've run out of bricks, or because we don't want to pay anyone to do the work?
There is tons of work for people to do. The real problem is twofold:
1. Global trade makes unskilled labor in wealthy countries compete with laborers in developing countries. This pushes their wages to converge, which is really ugly for the people on the developed world side.
2. Utility is hard to measure in skilled labor positions, and companies are clumsy, so offices end up with a lot of bullshit jobs, and bullshit jobs are about signaling, not productivity. As more people work in cubicles, this gets worse.
There are too many unskilled or weakly skilled jobs left undone for the cause of our current economic ills to be human beings becoming obsolete.
- specialist 8y agoWhat is the USA's (fed, state, local) public investment as % of GDP? What do you think it should be?