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Well said. Job creation is not the hard part. Eliminating jobs is. Every time a job becomes automated, the workers eventually find other industries/professions
by noego 8y ago
Well said. Job creation is not the hard part. Eliminating jobs is. Every time a job becomes automated, the workers eventually find other industries/professions to work in, boost aggregate productivity in those other sectors, and thus end up creating more wealth for society as a whole.
https://outlookzen.com/2019/01/05/prosperity-comes-from-eliminating-jobs-not-saving-them/ https://outlookzen.com/2019/01/05/prosperity-comes-from-elim...
- canjobear 8y ago“Eventually” is the key word. Lives can be ruined during that eventually, and some don’t make it.
- douglaswlance 8y agoThe same AI that puts people out of work, will be used to make complex tasks simple enough for unskilled workers, as well as training those unskilled workers to be more skilled.