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Yea I see that in the long run, it's after all how we ended up with our current labor composition. But these jobs will be for other people in other places. As
by chillacy 7y ago
Yea I see that in the long run, it's after all how we ended up with our current labor composition. But these jobs will be for other people in other places.
As an example, jobless auto workers didn't become car dealers in LA: by the numbers they seem to have dropped out of the labor force [1], hopped onto disability [2], and/or died from drug overdoses [3].
[1] https://www.brookings.edu/wp-content/uploads/2017/05/ccf_20170517_declining_labor_force_participation_sawhill1.pdf https://www.brookings.edu/wp-content/uploads/2017/05/ccf_201...
[2] https://apps.npr.org/unfit-for-work/ https://apps.npr.org/unfit-for-work/
[3] https://www.prb.org/people-and-places-hardest-hit-by-the-drug-overdose-epidemic/ https://www.prb.org/people-and-places-hardest-hit-by-the-dru...
Will our economy evolve to its next phase? Yes. Will many people suffer along the way? Yes.
- CryptoPunk 7y agoAutomation creating a net increase in opportunity means that generally, people who lost from the industry they work in being automated will see that more than made up for by what they gain when other industries are automated. Amazon's automated deployment of web servers eliminated jobs in server hosting companies that set up dedicated servers for people but generated massively more opportunities by making it much cheaper, in time and money, for people at large to deploy their own server. The proliferation of web based businesses in turn expands new classes of occupations that provide people with more niche services that enhance their quality of life.
- chillacy 7y ago> generally Yes, generally this is the case. I'm just pointing out that historically, not everyone has won equally, and some have lost.
- CryptoPunk 7y agoThat goes with life in general. Equalizing gains with mandatory measures comes at the cost of a less responsive economy with less gains overall.