Why Automation Won't Displace Human Workers (diginomica.com)
"There was never a job opening for a drone pilot until there was something to fly," writes the founder of market research firm Beagle Research Group, arguing that automation won't inevitably lead society to a universal basic income "free lunch" because new jobs arise when "new capabilities, technical and otherwise, innovate them into existence."
Heck, computer programmers had no existence until computers. At one point a computer was just someone who was very good at math performing calculations all day...it took a year to check all of the calculations needed to produce the atomic bomb and that work was all done by humans. Imagine how history might be different if even one of them had a pocket calculator. You get the idea. New technology inspires new jobs.
He also argues that historically automation eliminates jobs that were "dull, dirty, and dangerous," and that automation also ends up performing previously-nonexistent jobs -- or work that was forced onto customers in self-service scenarios.
He also argues that historically automation eliminates jobs that were "dull, dirty, and dangerous," and that automation also ends up performing previously-nonexistent jobs -- or work that was forced onto customers in self-service scenarios.
New jobs - due to innovation or due to other reasons - is what macroeconomics call "growth".
Less jobs for the same effect - due to automation or for other reasons - is what they call an increase in "productivity".
Both effects are measured and reported by various sources.
For the last decades growth has been lower thant productivity gains. These measurements include all the effects he is listing.
The projections for the future are worse. Some of these projections take all these effects into account.
No, it doesn't depend. Most people are not creative in any way or form and you don't need creativity in routine situations. Most of what we consider a job today also does not require creativity. Sure, creative, knowledgeable and smart people will find jobs in post-automation world. This is maybe 10% of population, what the rest of 90% of population would do? Starve to death? It used to be service, but we killed that culture in the Western world - very few have a cleaner, cook, live-in nanny, butler and so on.
Excuse me? Show me any company that is willing to pass those savings onto customers! When any company reduces costs, they automatically think "It was our business direction that reduced these costs, therefore we shall reap the benefits."
Costs are never going down, no matter how much automation there is.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.