But there are many new technologies that do employ many people. We only have to look back 60 or so years to the advent of computers. That industry now employs 10s of millions of people.
All Iām doing is talking about the technology that is currently out there and what potential impact it can have. Iām not making any definitive predictions nor am I claiming that specific jobs will go completely extinct.
Good post! Some will argue that technology has been around for decades now and we have been able to increase the number of jobs in the US over that time. What that argument fails to realize is that growth came with the switch to a Global Economy. Thereās only so much internal growth a country can have, which also moves much slower.
In this next phase I completely agree with you. For every 100 jobs technology eliminates we will be lucky to see 10-20 new oneās to take itās place.
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I agree. But in the end itās self defeating. Businesses want people to spend their money, but donāt want to pay people in the process. Can we see the problem there? Where I live they can pay tipped servers $2.13 an hour. Is there any logical reason to replace them?
mbus
167
In 1961, in grade school, we were made to debate the impact of this sci-fi thing that was coming called computers, and would they replace humans.
Yes, they will and have with no dramatic detriment to the economy. But I am not considering such things as wealth disparity, health care, deteriorating public education and crime, etc., as aspects of the economy. Just the hard indicators: GPI, CPI, etc. Whether the two are connected is for another thread.
Nice to read an OP that isnāt meant to provoke. Thank you.
How hard is it to flip frozen patties? No skill involved
zantax
169
AI is pretty good at making friends now too.
zantax
170
One of my first jobs, working the grill at the local McDonalds. And yes, it did take skill when it was busy. But they arenāt hard skills for a robot to learn.
zantax
171
Oh look, forums like this and social media may be doomed.
tnt
172
This is all so silly.
Anyone who wants a stable, growing economy, an America where stable homes are the norm, not the exception, which helps everything from education to unwanted pregnancies, should want American workers to earn more than they do right now.
zantax
173

tnt:
This is all so silly.
Anyone who wants a stable, growing economy, an America where stable homes are the norm, not the exception, which helps everything from education to unwanted pregnancies, should want American workers to earn more than they do right now.
Well they are beginning to raise wages but I see an awful lot of very cheap labor crossing the border lately, so that probably wonāt last long.
Pay Americans to sit at home and then cry about how we need massive levels of immigration.
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zantax
175
Thatās a negotiation, come on man. creepy whisper pay them more.
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zantax
177

TommyLucchese:
No itās not.
Yes it is, watch a kid use Alexa some time.
It still comes down to how easy it is to fill the position for what youāre willing to pay.
Every year a town called Point Pleasant here in NJ hires people to stick and pick garbage from parking lots. What skill does that take? Yet they have to pay 24 dollars an hour because no one would do it.
janer
179
Popular NJ resort town now has āPeanut the Robotā as one of the servers. To be fair, most of the restaurants down the shore are suffering labor shortages - I know a formerly 24 hour diner that is now only open 7 am- 3 PM because they canāt staff the evening and night shifts.
Robots are much friendlier to deal with than people. No scheduling, no sick time, no holidays off. My supermarket and Costco have both installed about 20 self serve ācashiersā, and they are great- quick, accurate, and easy to use. This has nothing to do with minimum wage.
Popular resort town? I guess. As long as you donāt want a drink.
janer
182
True - Ocean City, NJ is one of a few towns in NJ that has alcohol sale bans.
And this summer, you are hard-pressed to find a rental, a parking space or a cafe where you donāt have to wait in line. Not only have the crowds exceeded many previous summers (checking license plates is a revelation) but the year-round population, which is rather small saw a significant boost because people would rather live in a friendly, very safe town with good K-12 schools that were open last year than in Philly, North Jersey or NYC.