Quit your whining. This is a good thing people and it's an example of what makes capitalism great.
Read up on Joseph Schumpeter [newschool.edu], arguably the most brilliant economist to come out of Austria. One's inability to see that the move of IT labor offshore is a good thing is largely due to a failure of most people to understand Schumpeter.
Schumpeter's primary focus was on capitalism as a dynamic system. It continually evolves through creative destruction. There are countless examples of this phenom
Quit your whining. This is a good thing people and it's an example of what makes capitalism great.
Sure... if you subscribe to the theory that a class-based culture is a healthy thing.
If you've read this gentleman's writings, you'll glean that this isn't just another routine shift in employment - we're heading toward a watershed event, a singularity. In the past, as old industries became obsolete, the work force laid off from one profession got dumped into the "generic labor" pool... y'know, the Walmart greeter, etc. What Marshall Brain is arguing - quite insightfully - is that the "generic labor" pool itself will be obsolesced, which has never happened before. What happens when the only jobs are those that you need serious skill and training to perform? What happens to the 90% of the population who has no such skills and can't develop them?
Moreover, and even worse: People claim all the time that the economy has survived everything before it, and will adapt. But some trends, promoted by such shifts, have just continued to go in an unhealthy direction. One of them is the concentration of wealth: the increasing percentage of resources owned by a tiny fraction of society. Another is the shift in wealth from individuals to corporations - never before has the economy dealt with gargantuan bodies like AOL-Time-Warner.
The impact of these trends is unknown, and ominous.
I suspect that we're heading toward a two-class society, comprised of the working skilled and the unemployed masses. Already, these two groups exist and rarely interact, but the differences are growing more visible stark by the day.
Honestly, I don't see robots as being as big a deal as the transition from an agricultural to an industry society! As the previous poster said, in the last century the jobs that 90% of people had had FOR THE ENTIRE HISTORY OF CIVILIZATION went away in a couple of generations. Now THAT'S a watershed.
Also, rapid change erodes static classes, it doesn't save them. If what the jobs look like change every generation, you'll have a lot more social mobility between generations. Class is already an extremely fluid thing in America, in a way that they really wouldn't be considered "classes" by a 19th century Brit, and definitely not by an 18th century Javanese.
People will adapt (Score:-1, Redundant)
Read up on Joseph Schumpeter [newschool.edu], arguably the most brilliant economist to come out of Austria. One's inability to see that the move of IT labor offshore is a good thing is largely due to a failure of most people to understand Schumpeter.
Schumpeter's primary focus was on capitalism as a dynamic system. It continually evolves through creative destruction. There are countless examples of this phenom
Re:People will adapt (Score:5, Insightful)
Sure... if you subscribe to the theory that a class-based culture is a healthy thing.
If you've read this gentleman's writings, you'll glean that this isn't just another routine shift in employment - we're heading toward a watershed event, a singularity. In the past, as old industries became obsolete, the work force laid off from one profession got dumped into the "generic labor" pool... y'know, the Walmart greeter, etc. What Marshall Brain is arguing - quite insightfully - is that the "generic labor" pool itself will be obsolesced, which has never happened before. What happens when the only jobs are those that you need serious skill and training to perform? What happens to the 90% of the population who has no such skills and can't develop them?
Moreover, and even worse: People claim all the time that the economy has survived everything before it, and will adapt. But some trends, promoted by such shifts, have just continued to go in an unhealthy direction. One of them is the concentration of wealth: the increasing percentage of resources owned by a tiny fraction of society. Another is the shift in wealth from individuals to corporations - never before has the economy dealt with gargantuan bodies like AOL-Time-Warner.
The impact of these trends is unknown, and ominous.
I suspect that we're heading toward a two-class society, comprised of the working skilled and the unemployed masses. Already, these two groups exist and rarely interact, but the differences are growing more visible stark by the day.
- David Stein
As big a watershed as leaving Agriculture behind (Score:5, Insightful)
Also, rapid change erodes static classes, it doesn't save them. If what the jobs look like change every generation, you'll have a lot more social mobility between generations. Class is already an extremely fluid thing in America, in a way that they really wouldn't be considered "classes" by a 19th century Brit, and definitely not by an 18th century Javanese.