Will a robot take your job?

Discussion in 'Economics & Trade' started by LafayetteBis, Jul 12, 2019.

  1. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,086
    Trophy Points:
    113
    Gender:
    Male
    From the Economist (Shumpeter) - Will a robot really take your job? - excerpt:
    Automation has its virtues. Economies benefit by lower-costs that allow products/services to be more affordable to more consumers. So, automation is not all bad.

    Nonetheless, there is no doubt about it: The Industrial Age is way, way behind nowadays the advanced nations (like Europe, Japan, the US, etc.) The Information Age is not coming - it is upon us. So what?

    So this: The job-requirements in terms of education are not the same as they once were. They are even higher! And of the only 45% of American students that do go on to a post-secondary schooling, no more than half will complete their studies. And, whyzzat!

    Because the costs of a tertiary-level education in the US are too damn expensive!*

    *Which should lead directly into why Education Debt is the largest type of debt in the US. But that's for another day.
     
  2. Socratica

    Socratica Well-Known Member

    Joined:
    Jul 11, 2019
    Messages:
    1,075
    Likes Received:
    382
    Trophy Points:
    83
    Gender:
    Female
    At the risk of appealing to authority, my background is in financial engineering. So, from my perspective, yes, you allow them the opportunity, a robot really will steal your job.
     
  3. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,086
    Trophy Points:
    113
    Gender:
    Male
    Yes, just like the steam-engine "stole the jobs" of thousands upon thousands of farmers in the 19th century. And did the motor-car "steal the jobs" of those who built horse-drawn carriages?

    Just what is your problem? The word "progress", I suggest - which is a challenge that we must confront with postgraduate higher-education (that is free, gratis and for nothing)!
     
    Last edited: Jul 13, 2019
  4. Socratica

    Socratica Well-Known Member

    Joined:
    Jul 11, 2019
    Messages:
    1,075
    Likes Received:
    382
    Trophy Points:
    83
    Gender:
    Female
    Can't tell if you're talking to me or just complaining.
     
  5. kazenatsu

    kazenatsu Well-Known Member Past Donor

    Joined:
    May 15, 2017
    Messages:
    34,722
    Likes Received:
    11,268
    Trophy Points:
    113
    The population of the country increased, the number of good-paying jobs did not.
     

Share This Page