Lower our Corporate Tax Rate to a competitive level and businesses will flock TO and BACK TO our shores.
Then, let the robots run things, and the rest of us can supervise them, re-program them and fix them when they break.
P.S. But, I, personally, am NOT going back to work. I could use a robot on my farm, though. ;)
“If all companies have access to the same cost-saving, service-expediting technologies, competitive advantage may come from differentiated customer experience – the sort of unique customer experience that comes from human creativity.”
Yep.
Good article, all the way around. :)
Past performance is no guarantee of future results. I see a big storm a'commin.
It’s been downhill for workers ever since the “elite” started using draft animals.
If we banned the use of draft animals everyone would have a job again, whether they wanted it or not.
It is a somewhat similar environment to that when desktop computers were making their way into offices in the mid-late 1980s and early 1990s.
There were many tasks they could do much more rapidly. They were displacing people, but at the same time, they were creating new job title/positions. Of course, those new job titles/positions required workers with a more specialized set of skills.
Adaptability became an issue. Those who could adapt — learn for the new environment — found good jobs.
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In the robotic world, they still need to be programmed and they still need maintenance.
Ping
The AI/robots do all the work and the humans service them.
I think I saw this in a movie once, and it did not turn out good for the humans.
Yup, computers enabled that job in Experian for that music major as head of IT.
Ain’t it wunnerful?
Nope, not against them, but just had to bring this up.
:-)
As has always been the case.
A company I used to work for was bought out by a German company. We did things mostly through skilled labor, the Germans believed in automation. Our skilled workers could run rings around the machines, which needed constant retooling and maintenance from some very expensive specialists.
Machines are great for a specific process, doing the same thing over and over - but not so great when the product mix keeps changing and more flexibility is needed. Even robotic burger flippers will require constant maintenance (by highly paid, not available at a moment’s notice during a breakdown specialists) and upgrades, and they won’t readily switch to grilling sausage patties for breakfast.
Bottom line is robots are not the panacea some think they are, and skilled workers will not go obsolete overnight.
I bet AI and Robots could create better newspapers than the New York Times and the WaPo!! :-)