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Robots Help Manufacturing Recover Without Adding Jobs

Posted by samzenpus on from the john-henry dept.

kkleiner writes "For the last 30 years, automation has enabled U.S. manufacturing output to increase and lift profits without having to add any traditional jobs. Now, in the last decade, nearly a third of manufacturing jobs are gone. As manufacturing goes the way of agriculture, the job market must shift into new types of work lest mass technological unemployment and civil unrest overtake these beneficial gains."

2 of 559 comments (clear)

  1. Re:mass unemployment due to policies, not automati by invid · · Score: 5, Informative

    Capitalism does not guarantee low unemployment. It doesn't guarantee a meritocracy. We are fortunate that new technology has previously created new jobs for people to apply skills that gave them value to the rich. But as automation approaches human capabilities in more areas, there will be fewer opportunities available for humans. For those who don't already own capital, eventually the only jobs available to humans will be in the entertainment industry.

    --
    The Moore-Murphy Law: The number of things that will go wrong will double every 2 years.
  2. Re:What year is this? by Bobfrankly1 · · Score: 5, Informative

    But incomes went up.

    Yes, but for whom?