I posted some time ago on the prospect that increased automation in factory, auto-related and service sector jobs will lead to millions less jobs and perhaps the need for a more socialistic society. I am not a fan of socialism, but if the jobs are gone what else is left?
Well, as pointed out in the attached article, we have been here before. Farming jobs, for example, occupied 90% of the population a couple hundred years ago and now, at least in the U.S., only 2%. Factories have been going through automation for decades. And despite all the jobs that have disappeared over the years, new ones have shown up to replace them. Indeed, if you look at Elon Musk and his various enterprises, which includes autonomous cars, they now employ around 30,000 people, which is not bad. So perhaps there is hope for my kids to have jobs. No one knows what the jobs will be 20 years from now, but maybe, just maybe, they will be better. Either way, a good point made in the attached article is that it is foolish to fight progress in an attempt to preserve jobs that are no longer needed. Yes, we have to plan for the change and allow time to adapt, but it is happening whether we want it or not.
https://mishtalk.com/2017/03/04/does-technology-destroy-jobs-if-not-what-does/#more-44478
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I didn't know were back (still) at it!
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