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I'm not sure I agree. The technological revolution hadn't happened yet in 1913. We saw an increase in new types of jobs over the course of the 20th century beca
by Aqueous 13y ago
I'm not sure I agree. The technological revolution hadn't happened yet in 1913. We saw an increase in new types of jobs over the course of the 20th century because any innovation that occurred still required a significant amount of human labor. I believe we will see a slow acceptance that we are not going to see a high level of full time, high paying, high skill jobs. After the recession, employment has slowly creeped up again but you can see that the types of jobs that people are working now are different than they were in the early 2000s. More jobs might have been created, but they are of a lower quality in terms of hours, pay, benefits, and the amount of skill they require.
We are at a point with technology where any conceivable manual task that we do will almost certainly be automated away at some point, and many tasks requiring high degrees of skill - including intelligence tasks - will also be automated away. It will be increasingly hard for us to find pockets of value in areas that we can offer the marketplace that it hasn't already seen. I do believe the decline won't be rapid - our expectation for full employment will slowly but steadily fade away - but over the course of decades I think we will come to the idea that we are all entitled to a minimum quality of life, regardless of our ability to hold a job, and that we will have to be guaranteed such in order to maintain a stable society.