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To: discostu
Who says simply wait. The cycle will remain basically identical to how it works now. There is a hand-crafted, high on innovation luxury set of the world that sells to the rich. Then there is a “almost luxury” set that’s starting to commoditize those innovations for the upper middle class. Then there is the mass produced section that sells that same stuff to the masses. The difference between now and the future is that third step now still involves a few people and in the future it will not.

I was under the impression that we were talking about eliminating the jobs of a lot more than "a few people". I think the objective of automation technology should not be the elimination of those jobs, but shortening the time it takes new technology and innovations to work their way down the stack.

94 posted on 05/22/2015 1:05:14 PM PDT by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: tacticalogic

Each of the factories is a few people, they add up to a lot when they start hitting every single mass produced industry. Add in self driving trucks so you don’t need people to deliver those goods, and 3D printers so you aren’t even physically delivering most of your goods and a lot of people are out of work.

The goal of automation is to produce more stuff faster for less money. It’s not trying to eliminate jobs, but it inevitably will. That’s a significant part of “less money”, employees are expensive, even if you don’t pay them much. Finding them, hiring them, training them and losing them so you have to do it all over again adds costs. And they have performance limits. Which is why increased automation reduces head count.


95 posted on 05/22/2015 1:13:08 PM PDT by discostu (In fact funk's as old as dirt)
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