We're not talking about replacing a job. We're talking about replacing human beings. No longer needed. Of no useful purpose. Oxygen depleters. What to do with them all? How to keep them entertained, sedated. And don't expect me to get a job. I'm not a robot.
Visualizing the Jobs Lost to Automation
- Thread starter O(1)
- Start date
Just like computers to replace typists+secretaries!
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I don't dispute the facts stated , XEla,+ projection of less retail, top of chart.
I do dispute the fact they seemed to ignore new business creates more new business.
As a general rule, this has been the case historically. Capitalism is driven by profits as a result of reducing market inefficiencies or providing new services. The "human" element in markets is a big source of that inefficiency, and profits are maximized by eliminating the number of humans involved in the loop. Since early markets were grossly inefficient, technology that reduced the need for people in one area just placed them in another area of high inefficiency- so farmers lost their jobs, but they were needed to work in factories, for example.
This process and mass human jobs creation can work as long as there are big inefficiencies in the market to fill. However, technology and AI are now advancing to the point where inefficiencies as a whole are being eliminated, reducing the need for human participation in all aspects of the market chain. The amount of people needed to service/monitor the automated/AI services of the future will be far less than what current technology levels support.
If we ever reach the point of AI singularity, the need for human participation for any type of work, manual, or mental, will be nearly fully eliminated. As it stands now, it appears State governing agencies are not actively planning for these eventualities.
Right, the old analogies from buggies to car just won't hold up in the future. And the future is getting here quicker than it did in the past. The question isn't jobs, it's people. We just simply won't need people like we used to. Unneeded people make poor customers. Human beings could become more like house pets kept around because they are lovable? Perhaps cities and high population centers become obsolete.
well said, soulfire
as a trader, if I was responsible for the well being of others, my first instinct when facing uncertainty would be to diversify, because it is obvious one of these items in the basket is going to go to near zero. The guy who can figure out what to do with unneeded people who aren't even capable of becoming a customer should come out the other end profitable if there even is such a thing as a profit by then. We are talking about a Garden of Eden where all of Adam and Eve's needs are met. The Book doesn't really go into detail explaining what happens if you don't eat apples. Perhaps the message is, Don't worry, somebody will screw it all up and we'll be right back where we were before the Garden, looking for food.
well said, soulfire
as a trader, if I was responsible for the well being of others, my first instinct when facing uncertainty would be to diversify, because it is obvious one of these items in the basket is going to go to near zero. The guy who can figure out what to do with unneeded people who aren't even capable of becoming a customer should come out the other end profitable if there even is such a thing as a profit by then. We are talking about a Garden of Eden where all of Adam and Eve's needs are met. The Book doesn't really go into detail explaining what happens if you don't eat apples. Perhaps the message is, Don't worry, somebody will screw it all up and we'll be right back where we were before the Garden, looking for food.
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Right Mr Simples;
but WE DO NOT want machines to takes the place of nurses, traders, teachers. Its really that simple, Mr Simples.I love a good book, but that takes humans more than machines, even though machines are used more + more. Ever loved a stinking machine customer service rep LOL-LOL??
Actually; the USa Post Office has VERY good customer service robot on their eagle mail, toll free telephone; but that does NOT change my point. Thanks Mr Simples.
