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Also it's worth pointing out that even low skill service sector jobs typically only have employment for rigid demographics. When that sexy young waitress turns

Also it's worth pointing out that even low skill service sector jobs typically only have employment for rigid demographics. When that sexy young waitress turns 30 her earning potential plummets and they really don't want her back. They want another 22 year old. What does that waitress expect to be doing when she is 55? Where does her value come from? What will her pension look like? There is going to be a huge glut of unskilled poor living like animals in ghettos. It's going to be a humanitarian crisis of a 3rd world calibre.

potatolicious 15y ago
> "There is going to be a huge glut of unskilled poor living like animals in ghettos. It's going to be a humanitarian crisis of a 3rd world calibre." It's depressing and hard to accept, but I think this is the way it'll go down. The sexy young waitress can, with some training, take on other low-skill labor jobs. A hit to earnings? Perhaps, but livable in the old days. This has been the story for the unskilled labor class for decades - industries rise and fall, but when training is a matter of days and weeks, instead of years, labor mobility is extremely fluid, and retraining for a new position is possible. A degree takes years, and tens of thousands of dollars these people don't have. Not only that, how many have the educational foundation to take on a job that requires strong understanding of maths and science? America's failure with STEM is really biting its ass right now.