Robots and Jobs

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  • December 6, 2016 at 2:54 pm #60434
    Avatar photowv
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    Jobs:http://www.commondreams.org/views/2016/12/05/what-robots-are-doing-middle-class

    “….Based on analysis that one reviewer calls “some of the most important work done by economists in the last twenty years,” a National Bureau of Economic Research study found that national employment levels have fallen in U.S. industries that are vulnerable to import competition, without offsetting job gains in other industries. Bank of America Merrill Lynch estimates an annual $9 trillion in employment costs within ten years due to the impact of AI and robots. The McKinsey Global Institute concludes that technology and related factors are having “roughly 3,000 times the impact” of the Industrial Revolution.

    Recent reports by Pew, the IMF, and Randstad all confirm the phenomenon of job polarization, with new jobs trending toward either low-wage or upper-middle-class positions.

    The Reality: BOTH SIDES ARE RIGHT — The Middle Class is Splitting into Upper-Middle and Lower-Middle….see link”

    December 6, 2016 at 4:16 pm #60441
    bnw
    Blocked

    Protecting full time employment should be a priority of government. AI and robots that eliminate a job should be taxed at a higher overall rate than the worker it replaced.

    The upside to being a Rams fan is heartbreak.

    Sprinkles are for winners.

    December 6, 2016 at 4:29 pm #60444
    Avatar photowv
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    bnw wrote:

    Protecting full time employment should be a priority of government. AI and robots that eliminate a job should be taxed at a higher overall rate than the worker it replaced.

    ————–
    Fine by me, but they are coming. And they are gonna displace a shitload of working people.

    So something fundamental is gonna have to happen, like a ‘living wage’ just for being alive. Or something.

    w
    v

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