Self-Driving Cars Will Boost the Job Market, Says Marc Andreessen (recode.net)
A future with self-driving cars has induced a lot of anxiety about a resulting loss of jobs, but in fact, they'll create tons more jobs, Silicon Valley investor Marc Andreessen (Wikipedia) said at Recode's annual conference on Tuesday evening. "The jobs crisis we have in the U.S. is that we don't have enough workers," he said. From a report: "It's a fallacy," Andreessen said (specifically citing the lump of labor fallacy and the luddite fallacy). "It's a recurring panic. This happens every 25 or 50 years, people get all amped up about 'machines are going to take all the jobs' and it never happens." Andreessen used the example of the rise of the automobile industry a century ago, which many thought would cost the livelihood of everyone whose jobs were to take care of horses. But "the car then created not only a lot of jobs creating cars" but everything else that happened because of the car: Paved streets, restaurants, motels, movie theaters, apartment complexes, office complexes, the entire buildout of suburban America, etc. "The jobs that were created by the automobile on the second, third, and fourth order effects were 100X, 1000X the number of jobs that blacksmiths had," he said.
'Playing Russian Roulette is perfectly safe, I've done five rounds so far'.
The jobs that went away in the past were the trivial ones, where you may literally have been able to replace a person with a transistor or automatic valve. (Elevator/lift operator).
There were plenty of newly available jobs for people of average skill to move into.
The game-changer today is not that any particular field is being automated, but that in many places, the robot is equal to 'the person of average skill'. ... jobs go away, that is an enormous hollowing out, with masses out of work.
If all of the delivery, warehousing, farming,
The new jobs may be around, but increasingly the new jobs leverage computers to solve with a team of 20 (that may get very rich) problems that used to take thousands of employees.
Humans Need Not Apply
Cui bono, Marc Andreessen?
As they say in the stockmarket:
Educating our general populace to a higher degree will help, but at some point the knowledge curve will be too steep for most people to get educated enough to get a job that really adds to production. There will be jobs gains for sure from new and novel activities, but I'm willing to bet starting in 5-10 years job destruction will far outpace job creation. You really think all the truckers in America are going to become coders or entrepreneurs?
Letter To Iran
Perhaps the healthcare savings from the ~40 million people per year injured in car crashes, and their increased productivity and incomes, will create a lot of jobs. Plus the 1.3 million people who die every year in car accidents are able to buy nothing currently, and will become active consumers.
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there were decades of unemployment and social strife during the industrial revolution before tech caught up (and wars thinned the herd) and we returned to near full employment.
,etc. They're done. They don't want to pay anymore.
Also, everything he described was infrastructure bought and paid for by tax dollars. Folks don't want to pay those taxes anymore and the infrastructure spending has more or less stopped. The build out of suburban America was financed by tax payers. They paid to pave the roads, run electricity, phone & internet, etc
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What Marc Andreesen doesn't understand, is that we don't know what second or third order effects lowering the nominal rate of shipping within the US will have, therefore it will have no effect.
I mean, if you can make it dirt cheap to ship anything within the US, that will pretty much do nothing for small scale manufacturing, will have no coincidental effects to on-demand manufacturing made possible by CNC and 3d printing, nor will it have any effect on inter-state trade. It will also kill the auto industry, because if you lower the bar for driving a car to almost nothing, and if you make it dirt cheap to rent cars for small amounts of time, people won't use them as much.
We've seen this time and time again. Computers destroyed the job market for secretaries, and lowered overall employment. PCs destroyed the market for mainframes, and now there are far fewer IT jobs. And, just recently, AirBnB gutted the hotel industry - just look at all of the empty and shuttered hotels all over the place, and Lyft and Uber has destroyed the taxi industry. I was just in NYC a few weeks ago and saw barely any taxis.
We are not inventing anything new, cars exist, we are only taking the human out of the picture....that is not at all what happened when cars took over horses.....there were no cars when that happened, an entire industry was created....now we are calling taking the human out of the car a new industry? Duh, this will cost jobs, lots of them....and the few that get created will be specialized higher end jobs that will do nothing to offset the millions of taxi drivers, truck drivers, where house workers, boat crews, docking workers.....the list is huge of humans that robots can replace and the only new jobs will be the people making the robots which will be only a fraction of the people displaced.
So the introduction of the automobile necessitated a lot of infrastructure build out that created jobs. Where do the jobs come from when you're dealing with a refinement to existing technology that takes this same infrastructure and just uses it more efficiently?
Robots can't pick up trash off the streets. They cant even mow lawns properly. Humans may be able to get the help of robots but we are nowhere near AI that has the level of discernment of humans in complex situations. Human jobs are safe and will only grow with automation. At least for the next 150 years until we nuke ourselves after which we can get our old jobs back.
Because before, human-operated technology was replaced by other human-operated technology. That is, for the first time in history, not the case anymore.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
Back when jobs were disappearing for horse care and such they didn't have the automation options we have today for jobs. I'd argue that the fear of losing jobs is more real today because of automation. If they're talking about having places like McDonalds and such being automated with no people imagine when that's realized and how it will impact other areas.
Will there be repair jobs? Sure but I bet it won't be near as much as people doing the actual work. Maybe something new will come along but then again maybe it will be automated as well.
We won't have self driving cars anytime soon anyway, so I wouldn't worry about it.
"In the long run we are all dead." - John Maynard Keynes
There is a lot of debate on this, so why not hedge our bets and rollout UBI? Either you believe more jobs will be created, in which case UBI just reduces the tax liabilities of everyone or you believe jobs will just disappear, in which case the UBI prevents an economic collapse. Win-win, all around. Can we just roll out UBI and move on with life, already?
If you are worried about people not working after UBI, make it low enough to live off of but not LIVE off of.
Sdelat' Ameriku velikoy Snova!
The Laffer Curve for taxation is mostly just a fraud used to justify low taxes on high earners. But that doesn't mean there's not a 'valid' thought experiment involved. Yes, a 100% total tax rate would probably provide 0 revenue. That doesn't say anything about a 90% marginal rate, and in fact, the 50's kind of demonstrate that a 90% marginal rate is still in the section of the curve where higher rates bring in more revenue.
But it sounds similar to the argument that once the robots get smart enough to do any job, they'll end up doing all the jobs - and then what will the humans do... And yeah, that's probably true - assuming the robots can actually ever get smart enough. And maybe, for specific industries (cab/bus/truck drivers) they will. In any case the 'what about the buggy whip factory workers?' argument doesn't really apply. You're not replacing taxis/buses/trucks with a whole new industry, after all. You're only replacing the drivers. And there's no new corresponding industry being created to replace them. Robot manufacturing? Well, okay, until the robots can do that.
Of course, there used to be elevator operators...
Posted from my Android phone. Oh, I can change this? There, that's better...
I for one DO NOT WELCOME these half-assed robotic nightmares on wheels. I'd rather WALK than set foot inside one. You morons go right ahead, though, preferably before you've had a chance to breed and pass on your obviously defective genes. Meanwhile the SMART people will be over here with me, being the true masters of the tools we use, instead of being SUBJUGATED by our tools like you fucktards. Be sure to enjoy your moment of utter terror just before you die when it runs you into a concrete abutment at 100mph, and also be sure to enjoy being carjacked remotely by criminals AND GOVERNMENTS. Idiots, ALL OF YOU ARE IDIOTS.
The paradigm of creating new jobs is ceasing to be an option. Human productivity has gone up, so we should be looking at a UBI and/or shortening the work week.
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When the weavers in the Industrialized Revolution were canned for machines, they were screwed. They were cast aside and IF they were hired by the automated mill, it was as unskilled labor at unskilled labor wages.
They were NOT retrained as machine operators because for one, they already spent most of their lives as apprentices to be weavers and no one took adults to be machine operator apprentices. Only children.
Secondly, they were not taken on as supervisors because their skills did not transfer.
They were screwed. They usually ended up beggars or in the workhouses - that's why they were so bent out of shape. They had nowhere to go - contrary to the propaganda we hear here in the US from the business community.
Here's more from the article cited in the cite.
(Historians have been using big data techniques on English Church records and have discovered many new things about the English Industrial Revolution - and what the "Internet" knows is wrong. A lot of people got screwed. Charles Dickens wrote about them,, btw)
Now the lump of labor "fallacy" doesn't take into the account of how employers operate. Unless your skills are an EXACT match, they will have nothing to do with you. We see it all the time in the technology profession. Even though we may have gone to school and learned algorithms, computer science,, theory, etc ... if you can't code C# on Windows or Java on Linux and know SQL for Oracle (DB2/2 doesn't count) but have done Java on Windows and SQL for MySQL on Windows, sorry, you don't have the skills.
But, my avocation is economic history (I actually written a paper with cites from academic journals and no one seems to be interested. Oh well, I learned a lot and it was kind of fun in a tedious way.)
CEO's gather around and laugh at the ones that have the most employees left. I think this is different. There is a specific drive aimed at reducing employees. That won't be done by spinning up jobs for new employees. Some work will be created for buffer companies that drive down the wages for the big guys but not to the extent that jobs are lost. Even burger flippers are targets now.
Self driving vehicles will have a profound affect on:
* The truck driving industry ($726 billion industry)
* The auto insurance market ($200 billion)
* Speeding ticket revenue ($6.2 billion annually - only counting speeding tickets and not other moving violations)
* Taxi and limousine services ($19 billion)
Just to mention a few of the obvious ones I bothered to get some numbers on. Self driving vehicles will represent the largest and fastest impact on humanity that technology has ever caused. Even the introduction of the automobile itself was of limited and slow impact, because the primitive road system and lack of fuel sources severely curtailed their use. We will hit some critical adoption point in self driving cars which will cause an avalanche in adoption. When self driving semi trucks reach a point of stability and usability, trucking companies will have no choice but immediately adopt them or else their competitors will crush them with lower shipping rates (say it costs $40,000 add-on for self-driving technology, which is the average annual salary of a truck driver - it would pay for itself in about 3-4 months, as a self driving truck can operate 24/7 without stopping, driving the equivalent amount a truck driver does in an entire year in just a few months).
At some critical threshold, government will begin to designate certain lanes, and then entire roadways, for self-driving car use only, as a 100% system of self driving cars can operate at much faster speeds and dynamically adjust speed to match terrain in order to optimize energy efficiency. A 100% self driving car system needs no road signs, stop signs, or traffic signals of any kind, and vehicles will not ever have to stop until they reach their destination. All of these benefits will accelerate adoption of self driving cars significantly once some certain threshold of adoption occurs.
Better known as 318230.
But "the car then created not only a lot of jobs creating cars" but everything else that happened because of the car: Paved streets, restaurants, motels, movie theaters, apartment complexes, office complexes, the entire buildout of suburban America, etc.".
Is this guy trying to feed the stereotype that Americans don't know history? Out of his list only "suburban America" did not precede the invention of the car by at least 2000 years (movie theaters don't count because they are just another form of theater). Perhaps he meant "cart" not "car".
...that most of the new jobs, even if they come, will not be for the same people.
What's the average monthly ((car + fuel + maintenance) - (self-driving car expenditure))?
That's if we all switch, and somehow cheap driver labor is added into the workforce and doesn't drive wages down, which seems unlikely in the short term. He is far too optimistic with this assertion.
Before you all keep blathering on and on about 'self driving car' this and 'robot AI automation' that, how about you go on Netflix, or to Redbox, or the Internet, and go find a copy of Idiocracy to watch, and a copy of Wall-E to watch; that's the world we're headed towards. People needing to learn fewer and fewer things becuase they don't need to. A general attitiude of laziness. Why even exercise? You can just take a pill. Then when everything starts breaking down, no one will know how to fix anything. Cautionary tales on this theme have been written over and over again for decades and apparently none of you paid them any heed. If you can't see it happening then you're not looking hard enough.
I love the fact that IBM is currently running ads on YouTube showing off Watson in situations where THE... WHOLE... PREMISE.... of the ad is that it's taking jobs away from skilled workers.
Ok,
I'm not seeing it, but is there a way, beyond limiting posts to 0 or above, to remove this from my view of this page? It's obviously quite annoying and obviously meant to be such.
If there is no way to do this then come on Slashdot give me a way to hide this crap.
Caution: Contents under pressure
"The jobs crisis we have in the U.S. is that we don't have enough workers," he said.
I don't understand. If that was true, why have wages remained stagnant? If wages can't beat inflation, then surely, the supply of workers is really high and demand for workers is low. If demand for workers was high because the supply of workers was low, then you would expect to see a laborer's market.
This quote doesn't appear to be in TFA so I'm not sure where it comes from or what the context is. I don't know if there's more to it but it seems a prima facie absurd statement.
> The jobs crisis we have in the U.S. is that we don't have enough workers,
We have PLENTY! I know three people who have engineering degrees who cannot find a decent job in the Silicon Valley.
What we actually have is too many CEOs who will not hire perfectly capable Americans.
Caution: Contents under pressure
The suburb exist because of cars.
When I get my new robot car I'm going to move out of the city. Maybe 2 or 3 hours out of the city. Buy a cheap middle of nowhere home. Of course I'll keep my high paying city job.
My Magic robot car will drive me to and from work while I sleep during the commute. And the money I save from not having to pay insane city rents? I'll just use that to buy more stuff.
(High speed rail would do this a lot more efficiently but that wont happen in the US)
The sad reality is that unlike Marc don't believe that this is 1:1 replacement of job x by a newer better job y . Many jobs will be taken over by automation technologies, and a lot fewer new ones will be created.. Its easy looking back int the past and saying but look at all the new jobs.. but the future as its turning out won't necessarily be like the past , we're about to hit a major inflection point for traditional labor markets.
Think about it, the US shifted from agricultural to manufacturing to service sector work, each time a major technological shift occurred, mostly as a result of improved inefficiencies (aka automation) , so now another shift if happening, the problem is there's no clear next sector for most employees to shift too, sure there are still a bunch of service sector jobs that wont be easily automatable (soccer coach, yoga instructor, home health aid, manicurist , dental assistance source: https://www.boston.com/jobs/untagged/2013/12/23/in-the-year-2016-the-30-fastest-growing-jobs ) , but those jobs also don't pay very well, have little security and worse are more fickle to economic cycles . because they tend to be in discretionary parts of the economy.
Bottom line I think everyone can agree there is going to be some major pain points over the next 10-20 years as this happens..hopefully thats long enough to come up with some alternatives...
As the post subject says, jobs may be created. But the ten or twenty million cab and truck drivers will not be qualified, by age, location, skillset, or social contacts to get those jobs. And especially in the case of well-paid truck drivers, tens of millions who depend on the income of their driver family member will be impoverished as their wages are cut 75% or more, with all the crime and drug use that engenders.
The point of the Luddites was not to stop the future; they wanted to be compensated by those newly enriched by their destruction so that they would not be driven into destitution. They failed in this, and like many on-point labor and social contract protests since the 18th century, they were villified and made into a mockery, while at the same time being exactly right. They weren't cut in on the new profits, so they were driven into destitution. London filled up with the new poor and turned into a jungle of desperate grifts and prostitution, the hallmarks of a sudden removal of incomes from a society. Of course, as since the 17th century, the ruined population was blamed for their moral shortcomings for being poor, and savagely policed and imprisoned, while a small group at the top enjoyed their former wealth, newly diverted into their pockets. World War II temporarily reversed this condition, but we're back at it again.
We need to get out of this cycle of incinerating the middle class, then blaming and ostracizing them for what was done to them. We need to literally share the wealth. We've a new cycle of greed and ideology on the rise.
He just wants to push his technocracy. Firstly, jobs aren't an aim, they're a means to leisure. Secondly, to suggest that cars were good because they created the need for paving is fucking hilarious. They were good because they provided an opportunity to build fast, clean transport. Self-driving cars don't provide anything that human-driven cars do - and before you give me an answer "well, if you're not driving then you can work or sleep", please fuck off.
In the seventies and early eighties, as IT was coming in hot and heavy, they'd talk about all the good jobs that will be created in the information economy.
This fool has *no* realistic ideas at all. And as a billionaire, he has no idea how working class people - that's 80% of us (even if you don't think you are, you *are*) start working, or earn money between other jobs, or even just want a job that doesn't need a lot of thinking while you're working on your Masterpiece....
He needs to be taxed, along with all the other billionaires, so we can have a Basic Income.
Let's extrapolate.
AI and automation continue. Accountants, lawyers, some engineers, coders, logistics planners, truck drivers, project managers slowly, then instantly, disappear.
The profits go into the pockets of the management, the CEO layer, and capital funds who own the companies. Stockholders, sure, but as we've seen, corps do not pay dividends any more. You make money by playing guess-the-future-price in a casino where the capital funds are the house and take a huge payday. You can win, or lose, but the house always wins.
What happens?
Wealth is driven into a comparatively tiny group of interlocking "families" of capital wealth that become our first trillionaires.
AIs run the capital fund complexes.
Hell, the AIs litigate and negotiate with each other.
It's a world of god-princes and goddess-princesses that inherit all the wealth and don't interact with the norms, making literally all the new money. They use the money to complete the cycle and own all the resources and governments (see Russia). Nothing can touch them, as we're seeing now, not laws, not lawmakers, not a single government. The only conflict will be the gods fighting amongst themselves in arenas we're not even privy to know exist.
What happens to us? You tell me.
Consider that automation could eliminate a great many jobs, leaving only a market for people who can teach the automation new things or do jobs that automation is simply not suited for because they have a "human" element which is essential to them. Consider that this might really eliminate the jobs that are all that 50% of people are capable of for good.
This gives us two choices: provide a basic income, or let all of those people starve and die.
There is going to be a very strong political force on the "starve and die" side. Not that I like it. I bet there are lots of people right here on Slashdot who would argue for it.
Bruce Perens.
I am sure that I would have a positive outlook for the future if my net worth was like Mr. Andreessen's in the one billion dollar neighborhood. Wouldn't be too worried at all. Poor people? Fuck 'em.
"It's a fallacy," Andreessen said (specifically citing the lump of labor fallacy and the luddite fallacy). "It's a recurring panic. This happens every 25 or 50 years, people get all amped up about 'machines are going to take all the jobs' and it never happens."
Easy to say for him as he's well insulated from changes. Not so much if you have AI/ML and self-driving cars attack multiple industries in one fell swoop - with no clear, comparable replacement.
In reality, there are no fallacies that can explain anything here.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
If we can't advance everyone, perhaps we should at least slow down until we can.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Education alone will not fix the problem - it requires the employer being shaken of its entitlement mentality (to perfection or offshore pliancy).
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
...defends venture capitalism. He's wrong BTW. VC investment works by finding ways to reduce the number of employees to do jobs by a target ratio of around 10:1. That means getting the same productivity with 90% fewer employees. They use the term "disruptive" to embody and obfuscate this concept.
education = an 4-6 year 50-200K piece of paper. And that loan can't be discharged with chapter 11 or 7.
cut full time down maybe 32 hours to start and add an X2 or higher OT level on top the 1.5 level in place now.
I find it weird that Marc is described simply as a "Silicon Valley investor", like he's just one of innumerable rich people interested in tech, instead of describing him as the founder of Netscape, who first brought web browsers to the masses, which seems like the much bigger deal if you're going to say who he is and why anyone should care about his opinions.
-Forrest Cameranesi, Geek of all Trades
"I am Sam. Sam I am. I do not like trolls, flames, or spam."
Sure, prioritize more jobs by reducing the number of hours people work (making sure they are receiving higher wages so they can still live). That's definitely a good step while we're still ramping up to full automation :D
Can I mod something +1 Scary if it's true but I wish it weren't?
UBI assumes that people do not have the desire for seeking gainful employment. Plenty of people do, and will not be content being idled in lower-tier activities while not having work.
On the other hand, if you wipe the arrogant smirk off an employer's face and take away their alternatives to (directly) hiring people, that will fix it.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
lowering the age of Medicare eligibility can help / have an limited expanded SS age lowering for people automatized out a job and don't fit to in a token safety driver job to run out the clock till Medicare that are to old for HR to hire them as entry level in an different field.
You also make the same mistake of giving employers too much.
People will still want to work and that's not going to be shaken by automation. The desire to pursue gainful employment beyond BI levels will only be strengthened.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
It won't make sense to an economist, but it will make sense if you want to keep peace amongst all - by employing them anyway.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
You're asking for something counter to humanity, which is something that Will Not Happen.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
I suspect the finger pointing at "big government regulations" will dramatically increase as right-wing voters lose jobs. The writing on wall that the coal train isn't going to last forever has been there quite a while, and it's not rocket science that natural gas and automation are causing coal jobs to disappear, yet the useful idiot GOP voters of coal country are still convinced it was Obama deciding he didn't like white people.
When you create regulation after regulation specifically targeting coal, you are attacking a specific industry that has been clean enough for decades.
Perhaps turnabout is equitable and we should be looking at curtailing rampant environmentalists.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
This is a classic case of linear human thought, which deals particularly poorly with quantum leaps and exponential curves. We've been picking away at the easily replaceable labor force with mechanization and automation for a century and a half or two while humans moved farther up the skill pyramid. Now we have absorbed much of the low-skill repetitive labor and are moving aggressively into thought/decision-based labor automation. This is the employment realm into which humans have retreated and there's really no where else to go but into higher thought-based work. The robots are hot on our trail in this area. There are no more large resevoirs of low-skilled thought industries, much less repetitive labor industries, to absorb displaced workers as there have been in the past. The human skillset hasn't improved at nearly the rate of the mechanization/automation skillset. Evolution is slower than silicon valley. Just do the math.
This is way inaccurate. At the turn of the century, Industrialization allowed for more to be produced from less putting a lot of folks out of work. Farms got tremendously larger because they got more efficient at producing food for example, but everyone didn't go unemployed you say? BUT you're forgetting one important fact, consumption went up! If you look at the thing we have have now including our computers / electronics and technology, they use more resources and energy than our ancestors ever did!
Sure a cellphone is tiny but the resources and energy behind it's production is something you would never see as a consumer.
Sadly in the next wave of "automation" we can't keep cranking up consumption for the simple fact that we're already dangerously close to burning out all the natural resources we have. This only work if resources are unlimited but in reality they're not. It's for this reason we're in trouble.
The biggest danger is when the few who control the factories and the robots start seeing the total UBI-only folk as resource leeches rather than human.
The few who control the wealth right now already DO see low-wage workers as resource leeches, and they've pulled the wool over the eyes of most other people. That's an attitude that has to change. The attitude is the bug of the current economy.
Can I mod something +1 Scary if it's true but I wish it weren't?
Availability of autonomous cars will change the way we travel and live:
Sleep to work; a 2 hour trip could be 2 hours sleep, twice daily.
Live hours farther from work; property values & residential areas will change greatly.
Night car trips can replace much of time, emotion & $ now wasted on TSA, airlines & rental cars.
Where I live, today such a car could go to car service shop, use "curb pickup service" at HEB, Sam's Club & Walmart, take kids to events and fetch me after work. Other stores would quickly adapt, so sutonomous cars could fetch laundry, pizza, prescriptions, donuts...
Soccer Mom might be unemployed.
My perpetually self losing daughter could car to destination by best route on first try. Garmin, smart phones & erouting maps have not fixed her problem. What is she arrives on time?
I want a second generation autonomous car with sleeper for 2.
Medicare is a separate function of Social Security. We do have the ACA and 100% subsidies for people with no income, remember? (I highlight the universal social security as not counted as an income for reasons; this is one of them.)
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Basic income would be great if it weren't for our flawed human nature. The problem is, if your ability to sustain life is outsourced to somebody else (i.e. government), they own you. If they own you, you will be treated as such. That's why, if a basic income is ever implemented on a large scale, you should not be surprised when the government runs amok. If you think the government is bad now, just watch what happens when it literally owns the voter base. So far there hasn't been any mass joblessness from technology, in fact it's elevated us. Seriously, let's talk about mass unemployment when there's actually evidence and real, not speculated, causes for concern.
Keeping these systems tiptop for years will cost a fortune creating new jobs. There will also be more work in hospitals fixing the people who weren't able to keep their hyper advanced sensors in top condition.
This will lead to quarterly mandatory government checks on cars older than three years.. so more people will be employed doing this too.
If that is the case, then they should also remove all the cowards that hide behind a username, because they are not brave enough to use their real one.
Don't kid yourself. You're hiding, too.
"The jobs crisis we have in the U.S. is that we don't have enough workers,"
Oh, bullshit. The jobs crisis you have in the Bay Area tech bubble may be that you don't have enough workers (who are under 30, with Stanford CS degrees, and don't mind 95 hour work weeks and living 8 to an apartment), but the jobs crisis the rest of the country has is that the market wage for someone who graduated from high school 20-30 years ago and didn't finish college or reach master status in a trade is rapidly approaching zero.
0 1 - just my two bits
But keep repeating that Reagonomics don't work.
Natural gas and automation killed coal. We didn't even begin to make the coal industry pay for its externalized costs.
This is the equivalent of England taxing the colonies to pay for it's army which it then quartered in the houses of Americans, then without provocation declaring the Colonies were declaring war on it.
"Andreessen used the example of the rise of the automobile industry a century ago, which many thought would cost the livelihood of everyone whose jobs were to take care of horses."
If you're going to cite this example, at least get your metaphor correct. The jobs that were being automated were those of the horses. So tell me, what new jobs have the horses found in the past hundred years?
making sure they are receiving higher wages so they can still live
This is the hard part and the important part that Joe Dragon above keeps ignoring every time he posts this same thing and I post the same retort. You can raise the minimum wage, sure, but then you can't mandate that everyone above the minimum wage gets some kind of proportional raise, without in the process having complete government dictation of what every single person gets paid, which would be a very bad thing.
Without doing that, cutting hours has the effect of shifting wealth from the middle class to the lower class (or at least from the fully-employed to the underemployed), without affecting the upper class (who aren't wage workers to begin with) at all, with the net effect that the gap between rich and poor gets even wider. You end up pushing people away from the middle, making the rich richer and the poor poorer and more people overall poorer... but at least they're more equally poor? Like that's supposed to help?
What you want to do is to push everyone toward the center, so it's easier to climb up from the bottom and harder for those at the top to rocket even further away from everyone else. If you give everyone a basic income of some fraction of the mean income, and then tax everyone that same fraction of their own income, that is exactly what happens. People with lower incomes see a greater boost in their income post-BI-and-taxes. That effect diminishes as your income gets closer to the mean income, and then reverses as you climb above it, pulling you back toward it, harder and harder the further above it you get.
Cutting everyone's hours without boosting everyone's incomes proportionately only hurts the middle class, and to boost everyone's incomes proportionately you need to implement what is effective a tax-funded basic income, so the first step is that tax-funded basic income... and then at that point there's no point in even mandating anything about hours at all because the basic income already takes care of everyone.
-Forrest Cameranesi, Geek of all Trades
"I am Sam. Sam I am. I do not like trolls, flames, or spam."
I guess the smoke really gets in your eyes from all those trains.
Here's the American track build-out {year, miles}:
1830_______39
1840____2,700
1850____8,500
1860___28,000
1870___49,000
1880___87,000
1890__160,000
At this point, the grand project is essentially finished.
The bigger difference, I think, is that fewer Americans back then looked up those numbers in under two minutes like I just did.
Nor did the mills of Manchester tip the assembly lines of Henry Ford, and neither did the great telegraph boom anticipate the soon heady growth of the information economy (I've previously read that the telegraph sand-grab of the 1860s sucked up a larger slice of global GDP than the internet boom of the 1990s).
The geopolitics of this deserve to be better known.
There also seems to be a second prophesy here about the concentration of power and wealth.
If the global economy turns into one great, giant banana republic because the plutocrats have gained a choke hold on the cream separator, a soaring unemployment rate could yet result from a great tinpot ceiling.
1.
When the *hamburger machine produces a mountain of hamburgers that none can afford to pay for on account of the $humanjob machines making all of the hamburgers instead of humans, how many will need starve, how much violence and misery must we endure, and how many torches and pitchforks must be carried, before we decide the hamburger machine makes free hamburgers?
*: You may replace "hamburger" with any physical good capable of being produced from raw materials.
You are being ripped off every second of every day, so that advertisers can help rip you off even more tomorrow.
the useful idiot GOP voters of coal country are still convinced it was Obama deciding he didn't like white people.
Nice broad-brush ad-hominem attack against a class of people.
Just maybe, people took his own words at face value.
Suppose I make $20/hr and the minimum was $10. If you suddenly raised it to $15 (and "suddenly" means over a decade in most places, don't forget).. So what?
I still make more than minimum. And if my job is hard and still only $20, I'll ask for a raise and probably get it. If not, maybe I will take an "easy" minimum wage job for $15 instead. Less stress for only 25% less pay, instead of half.
I for one would love to see those damn tip jars go away. Raise the price of my Mcburger a nickel. I don't care. Raise my real burger price by a dollar and I can still afford it. Raise the price of the iPhone my kids get $10, it doesn't matter if everyone of the working poor is getting an extra five an hour.
Yes, the switch from horses to automobiles required (or allowed, in some cases) the replacement of livery stables with garages and blacksmiths with mechanics, new manufacturing jobs, paved streets, restaurants, office buildings, suburbs, etc. But all that infrastructure is already in place. Driverless cars will be built in existing factories, will travel on existing pavement to existing restaurants, offices and suburban homes. This switch from one form of automobile to another will not necessitate many, if any, additional jobs IMO, but it will eliminate the whole field of professional drivers - taxi, limo, bus, and truck drivers.
I think you got distracted by the mention of minimum wage, which isn't what the bulk of my post was about. Most of what you write I agree with but it's beside the point of discussion.
The people I was replying to were saying that cutting full-time work hours would increase wealth equality by spreading the work and thus the wealth around. I was retorting that that only spreads wealth from the middle class (specifically from fully-employed working-class people) to the lower class (specifically to underemployed working-class people). If you make $20/hr and work 40hrs a week and someone else makes $20/hr but can only get 20hrs a week of work, and then full time is cut down to 30hrs, you now have 10hrs less work and $200 less income per week, and the other guy respectively gets $200 more income for his 10hrs more work. But the people employing both of you, who don't work by the hour but make money by owning things, keep all the same money. It doesn't cost the people at the top anything, it just moves money from the middle to the bottom. Which then means that there's fewer people in the middle, and it's harder to get from the bottom to the top.
The people I was replying to were saying that to offset that effect, you make sure that everybody gets paid more. But how do you do that? This is where I mentioned minimum wage, only to say that it's not enough. In the above scenario, someone who was working 40hrs/week for your hypothetical minimum of $10/hr would be down $100/week if full time was cut to 30hrs, and you could fix that by raising minimum wage to $13.33, so that minimum wage worker benefits from the combination of changes (he makes the same money for less work), and the underemployed guy making $20/hr benefits as described before (he gets more work hours and so more income), but the fully-employed person is still just SOL (fewer work hours and so lower income, unless he can win a steep uphill fight for a 33% raise just to get back to where he used to be), and the people at the very top who should really be bearing the burden still get off scot free.
The fundamental error the people I was replying to make is assuming that the people at the top are at the top because they have more work hours to do. The people at the top don't work hours to begin with, and the people at the very tippy top don't work at all. Everyone who has to work is, at best, middle class, if they're in the tiny sliver of people who have capital sufficient for their own needs but insufficient to live off of, and otherwise lower class. So shifting around the amount of work just shuffles money around the people at the bottom. It's the people at the top making money off of owning everything without doing any work at all that are the problem, and you can't fix that by redistributing the nonexistent work they do to other people.
-Forrest Cameranesi, Geek of all Trades
"I am Sam. Sam I am. I do not like trolls, flames, or spam."
The real long-term solution is to see to it that ownership of the factories and robots is widely distributed, so that there aren't just "the few" who control them, we all do.
Maybe the next step after an UBI to just solve rudimentary poverty would be a different kind of UBI, this time where the "I" stands for "Investment". Give everyone not just a monthly cash payment, but a monthly share of an index fund, so that people gradually become owners of the automated capital generating the income. Then maybe, in the very long run, the first UBI (where the "I" stands for "Income") can be phased out entirely, since everyone would have a steady stream of income from their investments anyway.
-Forrest Cameranesi, Geek of all Trades
"I am Sam. Sam I am. I do not like trolls, flames, or spam."
so what kind of jobs is automated cars creating? Uber drivers are out of work...less cars on road mean less manu jobs ...less mechanics...no gas in cars mean less cash stations less attendants ,,, no gas delivery drivers....not hearing about any new jobs here....
We have a massive labor surplus and have for _decades_.
Hence the explosion in bullshit jobs in areas like HR, marketing and middle management, the massive worldwide bubble in education as people desperately try to make themselves more "employable" and the collapse in job security.
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Nice try, but that's Carlos Slim's fishwrap.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Yep, Undertakers will get raises, cops will get raises, and the unemployment rate will go down due to all the automated car crashes. Easily 10 to 15 years too early for this tech in the wild.