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Forget the question of full automation. Think about the percentage increase in productivity, meaning companies can fire lots of people without impacting output.
by hackerlight 3y ago
Forget the question of full automation. Think about the percentage increase in productivity, meaning companies can fire lots of people without impacting output. Obviously companies can also choose to keep the same number of people and simply produce more. But not all will.
- visarga 3y agoIt doesn't mean that companies "can fire lots of people without impacting output". It just means we're going to produce more instead of working less. Competition will raise the bar in affordability, quality and novelty. That means everyone is going to compete on a different level. Working like it's still 2020 won't cut it anymore.
- hackerlight 3y agoThat's what I said was one of the possibilities. But it is not the only possibility, and it will become less likely over time. Eventually the lift operators and steam engine dudes get deprecated. More trains are running, but the steam engine dudes got fired because they're not needed. Maybe you'll be the first non-customer facing profession in history that doesn't go through deprecation in the face of automation. Good luck with that bet.