Comments on: If jobs are replaced by technology, what replaces jobs? http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Whipsplash http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1104880 Thu, 17 Sep 2015 18:50:50 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1104880 Need a job? kill a robot.

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By: augso http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1104873 Thu, 17 Sep 2015 16:36:05 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1104873 Twenty years ago I was invited by Seiko to visit their plant in Japan. I was totally shocked by the technology of the Japanese that from process of assembling the movement of the watches to completely produce the watches. All the process are finished by robots. At that time I worried that technology will replace human and escalate unemployment. However,the unemployment rate of Japan has not seriously affected. The Japanese just changed their product to high-tech product such as HD and 3D television,digital camera and hybrid car etc. When the technology replaced the tedious work, people have more time to spend on creative writing, tourist industry, green farming etc..So don’t worry! Source: http://aug.so

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By: Galactus4333 http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1104677 Thu, 17 Sep 2015 06:56:55 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1104677 It seems to me that good jobs create increased value to society. The problem is that the value of training/education continues to drop as the cost of education continues to rise. Why hire a software engineer at 100K when an H1b visa slave can be hired for 43K? Illegal aliens will work for less than minimum wage for cash and drive down wages for the poorest people in society. Then automation cuts the number of human jobs as people become more efficient at work or that job is totally automated.

All this leads to ever higher unemployment and greater dependency on wealth distribution through the Government. The real answer is more R&D, and a system to incentivize the creation of new companies creating new products and services.

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By: Solidar http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103954 Mon, 14 Sep 2015 15:09:05 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103954 Return to 20% tariffs. That’s what China charges us? We now charge them only 1%? Why is that?

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By: TZODnmr2k5 http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103780 Mon, 14 Sep 2015 06:51:16 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103780 Lost jobs are just the tip of the iceberg…Crime should be these pampered ivory tower dweller’s concern as the working class will transition to the working poor while the working poor will have descended into the already filled ranks of the criminal caste.

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By: painman http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103721 Sun, 13 Sep 2015 23:02:22 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103721 And no one is really addressing this. With robots and technology replacing human workers, where will these workers go? It’s practically proven by other articles how “over qualified” employees, those people already affected by technology, are applying in the fast food industries. Maybe that’s the plan, keep as many at minimum wage and on government assistance, giving corporations MORE net income for the big shots.

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By: BraveNewWrld http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103575 Sun, 13 Sep 2015 15:20:00 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103575 Read the article once more – indeed an excellent piece. This is the first meaningful article that I have read by Mr. Lloyd in years. I am really wondering – is this the same John Lloyd?

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By: Laster http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103563 Sun, 13 Sep 2015 04:43:10 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103563 @Alkalne State..er..Solidar wrote:

“This problem is not new. There are more people one earth, than jobs that need done.”

um, no. There exists considerable room for productive employment when the economy gets wrested from the clutches of the troglodytes advocating an extractive supply side economic theory.

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By: BraveNewWrld http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103562 Sun, 13 Sep 2015 04:24:43 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103562 Player Piano. K. Vonnegut. 1952.

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By: Solidar http://blogs.reuters.com/great-debate/2015/09/11/if-jobs-are-replaced-by-technology-then-what-replaces-jobs/#comment-1103542 Fri, 11 Sep 2015 22:02:30 +0000 http://blogs.reuters.com/great-debate/?p=43330#comment-1103542 This problem is not new. There are more people one earth, than jobs that need done. It will get far worse. It is is an accelerating spiral. Because technology also allows for more people on earth (better medicine, sanitation, air conditioners in ridiculous places like Arizona and Sudan…). Each day, there are more people on earth than there ever has been before. That same technology does more of our work for us. What used to require 20 editors at Reuters can now be done with spell check and nasty comments. These conflicting forces (more people on earth, less need for people on earth) will intensify.

So we need a different concept. I say let the robots do all the work. Let’s all retire.

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