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
What no one saw was that freeing up the most important capital, human labor, from inefficient application to the task of growing food for other purposes. What those who looked at the farms failing and saw disaster were missing was that now the farmer was able to go to the city and be basically as well off working in a factory, and that the farmer's children would go on to become doctors or lawyers or engineers or skilled laborers. Indeed, the industrialization could not have happened without the farm failures.
True, but you miss the point of the article, which is that the upcoming wave of automation won't just make farmworkers or industrial labourers or any other arbitrary sector of the working population redundant, it'll make damn near everyone redundant. It'll be a long wave, but it's coming. Damn, I was in an internet cafe an hour ago. Last time I was in they had staff, who would take your payment and give you a ticket for your purchased time. Tonight they have vending machines. OK, it's a trivial example but I was surprised.
We are heading towards a world where the only use for people is thinking up what to do next, and as plain as your nose, that isn't a job for everyone, not when we have seven or eight billion people [census.gov] in the world.
Mass automation is a huge opportunity and also a huge risk for billions of people. It has to be managed, not left to the whims of the market, which will be increasingly controlled by fewer and fewer extremely wealthy people.
If we continue to do what we did yesterday to meet the problems of tomorrow, we are destined to fail at every step. Mankind cannot rely on the market of the last millenium to meet the dizzying challenges of the new one. And if think it's all pie in the sky, look at the pace of change right now. It's only going to accelerate.
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:4, Insightful)
True, but you miss the point of the article, which is that the upcoming wave of automation won't just make farmworkers or industrial labourers or any other arbitrary sector of the working population redundant, it'll make damn near everyone redundant. It'll be a long wave, but it's coming. Damn, I was in an internet cafe an hour ago. Last time I was in they had staff, who would take your payment and give you a ticket for your purchased time. Tonight they have vending machines. OK, it's a trivial example but I was surprised.
We are heading towards a world where the only use for people is thinking up what to do next, and as plain as your nose, that isn't a job for everyone, not when we have seven or eight billion people [census.gov] in the world.
Mass automation is a huge opportunity and also a huge risk for billions of people. It has to be managed, not left to the whims of the market, which will be increasingly controlled by fewer and fewer extremely wealthy people.
If we continue to do what we did yesterday to meet the problems of tomorrow, we are destined to fail at every step. Mankind cannot rely on the market of the last millenium to meet the dizzying challenges of the new one. And if think it's all pie in the sky, look at the pace of change right now. It's only going to accelerate.
Which is why we have problems with terrorism (Score:5, Insightful)
When wealth isnt distributed, crime goes up, terrorism goes up, etc etc.
The idea that we can fight terrorism with bombs isnt very smart, in the end the only way to solve this problem is with jobs, education, etc.
This isnt going to work because I refuse to give up my job to fight terrorism.