Comment Missing Two Very Important Points (Score 1) 732
The lackluster jobs reports have almost nothing to do with automation and worker replacement. Big companies don't hire in the mass needed to move the unemployment stats much more than a few tenths of percent. This is because they already have hired people. They've been hiring people for years as the grow. At some point you can decide to get a little more out of the people you hire by pushing them a bit, or maybe making their jobs a little more productive. But either way, the last thing a modern business wants to do is hire a bunch of people they'll have to layoff down the road.
Small business is where the growth in employment happens. Small business expansion is at an all-time low, and has been since the rise of stupid laws like Sarbanes/Oxley, that can devastate a small company while just adding to the accounting burden of big companies (who can absorb it or pass it along to their customers). Until the US becomes small-business friendly again, there's not going to be much job growth.
And what about all that automation? The whole point is that robots are getting cheap. That means it's going to be possible for small businesses and entrepreneurs are going to be able to buy them. What will they do with them? How about custom manufacturing everything? If you've ever remodeled a kitchen, you know that there's a lot of activity around building cabinets, designing the space, picking materials, etc. It's one of those things that produces a lot of activity and is expensive, but not so far out of reach that average people can't afford it. Now think about the automotive aftermarket, custom motorcycles, even additions to homes. All of these things are somewhat custom today. Imagine if those same ideas were applied to cell phones, where a designer could build a model of a phone just for you, have the circuit board made, 3Dprint the case in any color(s) you want, Assemble the phone in the back room and finally, gets you a detailed breakdown of the cost, which is surprisingly not much more than today's iPhone 5S.
Oh, and when you drop it, can easily fit a new glass cover on it because he knew you were going to do that.