Skip to comments.We’re heading into a jobless future, no matter what the government does
Posted on 07/23/2014 11:33:45 AM PDT by C19fan
In an op-ed in The Wall Street Journal, former Treasury Secretary Lawrence Summers revived a debate Id had with futurist Ray Kurzweil in 2012 about the jobless future.
He echoed the words of Peter Diamandis, who says that we are moving from a history of scarcity to an era of abundance. Then he noted that the technologies that make such abundance possible are allowing production of far more output using far fewer people.
On all this, Summers is right. Within two decades, we will have almost unlimited energy, food, and clean water; advances in medicine will allow us to live longer and healthier lives; robots will drive our cars, manufacture our goods, and do our chores.
(Excerpt) Read more at washingtonpost.com ...
The government CAN do something.
In addition to repealing Obamacare, Dodd-Frank, Sarbanes-Oxley, and reining in out of control agencies such as the EPA and permitting more oil and gas drilling, the Federal Government could create tens of millions of private sector jobs by lowering or better yet completely abolishing corporate income taxes.
In before, ‘bring jobs back now. Just sayin.’.’
These futurists are nuts. I see the fall of Rome, they see Star Trek.
Our absolute reliance on technology and electricity has made our society more vulnerable to destruction than any in history. Just look at what the simple breakdown of roads did to Europe after Rome. Think of a world where electricity stopped overnight.
I’ll say “bring jobs back now, Just sayin”.
The new apple (6 I believe) is ramping up for production.
Millions are due to be produced.
Check my tagline.
Throughout all of human history, there have been jobs and tasks for the people. Without that, I guarantee mass murder, even if every need is catered to. Humans need to work, to have purpose in society.
I hope there's enough people around who know that
1) the first step to our future is cutting the poverty-creating $4 trillion government spending and taxes by at least 80% and get them out of meddling with our economic and commercial affairs.
2) the next step that naturally flows from small government is the rise of the wealth-creating free market economy that has always been the basis of our superior standard of living for the average person.
The key is cutting government. As Reagan once said (a truth that has not nor will ever change), "Government isn't the solution, government is the problem."
The more I read these articles and see what is happening in the U.S., the more I think Kurt Vonnegut’s “Player Piano” was prophetic.
I completely agree. All the jobs will be taken by all the illegal aliens.
Not unless the EPA,NSA, IRS, DEA, NLRB and almost all of the other government alphabet agencies are defunded and consigned to the oblivion they deserve. JMHO!
The machines also turned unskilled labor into skilled labor with higher wages to match.
Obama blamed the loss of jobs on machines like ATMs replacing bank tellers. So who designs and makes the ATM machines? Increased automation actually creates the need for more skilled workers and less need for the unskilled. Our highest unemployment levels are for those having the least education.
The problem with making the iPhone here in the US is that it would cost several times as much to make and it would price out most consumers. Few would pay $1200 for it. In addition to considering our trade policies we have to realistically look at how to make labor cheaper here. Not by lowering wages but all the associated costs with hiring and operating a business here.
The case for overseas manufacturing and labor is too strong right now. If I needed a team of programmers I would have to look at India as an option.
one minute fifty nine seconds
A new personal best.
Don’t bring facts to the table. It confuses trolls.
All I am saying is, currently we have destroyed millions of American jobs, sent those jobs to China, where the factories were re-assembled, and now all of those jobs are in China.
This is not a success story.
America is losing. This is not just about Apple.
We are running a MASSIVE trade deficit with China.
You can do two types of work: work with your hands, or work with your brain.
The Industrial Revolution removed many of the first kind of work.
The Information Revolution is taking care of the second.
So what’s next? What jobs are there going to be for the simpletons of the world to do? And when they are idle, well we know what they say about idle hands.
“If I needed a team of programmers I would have to look at India as an option.”
I wouldn’t. They charge only half of what the US charges and take 4 times as long to do 1/10th the quality of work.
“Ve r viry solly. Dat is not in da requirements.”
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