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Humans Need Not Apply: a Video About the Robot Revolution and Jobs
Paul Fernhout writes: This explanatory compilation video by CGP Grey called "Humans Need Not Apply" on structural unemployment caused by robotics and AI (and other automation) is like the imagery playing in my mind when I think about the topic based on previous videos and charts I've seen. I saw it first on the econfuture site by Martin Ford, author of The Lights in the Tunnel. It is being discussed on Reddit, and people there have started mentioning a "basic income" as one possible response. While I like the basic income idea, I also collect other approaches in an essay called Beyond A Jobless Recovery: A heterodox perspective on 21st century economics. Beyond a basic income for the exchange economy, those possible approaches include gift economy, subsistence production, planned economy, and more — including many unpleasant alternatives like expanding prisons or fighting wars as we are currently doing.
Marshall Brain's writings like Robotic Nation and Manna have inspired my own work. I made my own video version of the concept around 2010, as a parable called "The Richest Man in the World: A parable about structural unemployment and a basic income." (I also pulled together a lot of links to robot videos in 2009.) It's great to see more informative videos on this topic. CGP Grey's video is awesome in the way he puts it all together.
Marshall Brain's writings like Robotic Nation and Manna have inspired my own work. I made my own video version of the concept around 2010, as a parable called "The Richest Man in the World: A parable about structural unemployment and a basic income." (I also pulled together a lot of links to robot videos in 2009.) It's great to see more informative videos on this topic. CGP Grey's video is awesome in the way he puts it all together.
If you have an all-robotic workforce, who's going to buy the products they produce?
SJW's don't eliminate discrimination. They just expropriate it for themselves.
Maybe it's time for the human race to stop working, and start playing.
We have not had 'industrial revolution' for all that long, so assuming that everything will work out and new jobs will be created is not that safe. The whole point of the argument was that as robots improve they will displace more and more jobs without creating sufficient new ones. It also pointed out that the 'new economy' jobs that have been created over the last few decades make up a small percentage of the workforce while the largest job types right now are ones that people are trying to develop automatic systems to replace them.
It should also be noted that historical cases did not go very well. They tended to produce a certain number of middle class benefits and significant upper class benefits, but with each leap forward poverty becomes a bigger and bigger problem. While the middle class dominates forums like this, we are not the whole population and stuff that benefits us can have consequences elsewhere... and every year there are fewer and fewer people in the middle class. So in the next big leap, a non-trivial percentage of us middle class people will end up dropping below the poverty line. A few will move up into upper middle class or even upper class, and they will look around and talk about how wonderful things have gotten, but others will not be so fortunate.