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Recession, Tech Kill Middle-Class Jobs
Un pobre guey writes
"'To understand the impact technology is having on middle-class jobs in developed countries, the AP analyzed employment data from 20 countries; tracked changes in hiring by industry, pay and task; compared job losses and gains during recessions and expansions over the past four decades; and interviewed economists, technology experts, robot manufacturers, software developers, entrepreneurs and people in the labor force who ranged from CEOs to the unemployed.' Their findings: Technology has consistently reduced the number of manufacturing jobs for 30 years; people with repetitive jobs have been easy to replace in the past, and task jugglers like managers and supervisors will be likely targets in the future; companies in the S&P 500 have expanded their business and increased profits, but reduced staffing, thanks to tech; and startups are launching much more easily these days. The response to the article includes the dutifully repeated bad-government-is-at-fault and don't-worry-it's-like-the-Industrial-Revolution memes. But what if this time it's different? What if delegating everything to machines is a radical and fundamental new change in the course of human history?"
What if the sky is really falling?
The idea that our government could plan anything this complex and succeed is preposterous.
The death of the middle class over the past 30 years has been intentional. Our leaders seek to return us to feudalism, and have been very successful at that. Remember that, next time you see a politician crying about the middle class.
So, since this article posits that the rise of technology is also what's killing middle-class jobs, our leaders are... us. Right here in this tech-centric website. Discussing and promoting tech. The tech that's killing middle-class jobs.
Nope, nope, too inconvenient. Has to be teh evul shadow comspeeracy and teh evul evul gummervents lookin' to take our guns and our jobs! Whew! That's much less depressing, and way easier to polarize!
A lot of intelligent, educated people can still get too caught up in ideologies to see the big picture.
In order to be viable in the market, a labor-saving device must, by logical necessity eliminate more work than it creates. This is the only way to get the total cost of ownership down below the cost of hiring people to do the work. When successfully applied widely enough, this processes has serious economic implications.
There is a finite (and, ultimately, small) demand for brain-work (you only need one genius to invent a trinket in order for everybody to be able to have one), so the majority of displaced workers cannot simply promote themselves to more interesting work. When production is very high but the labor cost is very low, you wind up with large masses of people who can't find *any* work (or at least nothing that provides a livable wage). That results in severe crime and upheaval.
As tech puts us all out of work, we either start adopting more socialist policies, we put most of our population in jail (where we pay for their needs anyway), or we experience a violent mess.
Sadly, many people would rather believe that some powerful, competent and malevolent group is in charge and causes all the bad shit that happens. Whether that group is the government, corporations, the UN, the Illuminati, or whatever.
The idea that sometimes shit happens because someone just screwed up is scary. The idea that sometimes shit just happens and it isn't even possible to stop it is scary. No one would have had to come up with the adage "Never attribute to malice that which can adequately be explained by stupidity" if people weren't so eager to believe that there was someone to blame for intentionally causing all their problems instead.
Note of course this does not deny that governments, corporations, and other groups _can't_ purposefully do shitty things to people, just that people have a strong tendency to exaggerate the power, maliciousness and competence of those groups.
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Most of those who are filthy rich were originally from lower to middle class, just like you guys.
(citation needed)
There are plenty of mechanisms in place which make it easy to assume most of the filthy rich made it because they were born into wealth, either directly through inheritances or indirectly through financial help, family connections, and better schooling. Just as an example, 4 of the top 20 richest people on earth are part of the Walton family, which inherited their wealth from Sam Walton.
That isn't to say I dismiss your point outright, but I think I need to see some actual data before I accept your point.
"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."
Exactly... like the Rothechild's, Jim Walton, Bill Gates, who started at the top and worked his way up, Warren Buffet, who also started as a child of privilege, ...
In fact, well over 2/3 of the current wealthiest americans all started rich.
They got their because their PARENTS were already wealthy and in America, your parents' income now accounts for 50% of your adult income potential- that's worse then many companies in EUROPE where it only accounts for 10%.
America HAS some benefits- like forgiving you if you go bankrupt. You actually can start over again here unlike so many places (unless the reason is student debt- then you are frakked).
But "land of opportunity" isn't one of them in the way you are talking.
You can work your way up a rung or two. The rest is all connections, family names, and inherited money.
And now those guys are using the money to buy machines which have been destroying jobs for almost a generation (15 years).
Once you stop employing people- you can't use the capitalist model any more.
If you have a job- do what I did. Save over half of what you made. Don't carry any debt. Then when they lay off 500 of you and take a SEVEN figure raise for "saving money on salaries", you will be safe.
Worst run offshoring/outsourcing I've ever been part of. Our replacements didn't even arrive until 4 months after the layoffs- most of us were already gone. Companies probably screwed... but wait- that just means the executives are all going to get TWO YEARS PAY for highly damaging the company.
She was like chocolate when she drank... semi-sweet at first and then increasingly bitter.