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Old 05-09-2018, 07:44 PM
 
Location: Washington State
15,349 posts, read 8,020,336 times
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Quote:
Originally Posted by hitpausebutton2 View Post
https://qz.com/1269525/capitalism-is...arx-predicted/



So when this comes true in a 100 percent factory driven by robots, what going to happen to the people who need to work? ( not everybody cut out to work in the tech industry) Business need people not machines?
The fact is, Marx was right about some things and wrong about other things. He was correct that increased mechanization would occur leading to less employment to produce goods. We still face this dilemma but I think society will do what it has always done, adapt and expand to other areas.

I work in the oil and gas industry and there are millions of very intelligent and skilled people working in this industry so what happens if/when we finally come up with a magic pill to no longer require oil and gas? That intellectual and economic capital will move to another industry, it won't die.
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Old 05-10-2018, 12:55 AM
 
Location: Honolulu, HI
4,550 posts, read 1,138,948 times
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Quote:
Originally Posted by jrkliny View Post

This is a very small and somewhat strange list. What about the hundreds of other existing occupations and the new ones being created virtually daily?
You want a chart with hundreds of categories? Please let us know whenever you find one.

Charts only provide an estimation or probability, obviously they can't predict the future. But it still paints a pretty alarming trend to the amount of potential job loss in the future.

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Old 05-10-2018, 01:46 AM
 
Location: NYC
11,818 posts, read 7,691,265 times
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Amazon is very good at automating their logistics but they still need people to oversee the robots. But it will come to a point when the overseeing will be automated too. As Stephen Hawking has warned that AI and automation will be the biggest danger to societies. China doesn't even attempt to fully automate even they could they know what could happens if they go down that path. Populism in the last election is a clue to how people in general feels about our government for big corporations.

You cannot have capitalism and automation bonded together it will one day lead to anarchy.
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Old 05-10-2018, 06:00 AM
 
697 posts, read 263,309 times
Reputation: 718
Quote:
Originally Posted by jrkliny View Post
If you have not figured it out, now is better than never. Low skilled jobs have been vanishing. The declines have been especially rapid in agriculture, ranching, manufacturing and retailing. There is an excess of people without college or any important skills, training or experience. Higher skilled jobs are in demand and for a great many occupations predicted manpower needs will greatly out pace people who have the necessary skills. Get and education or get skills that are in demand!!! You don't have to work in one of the STEM fields. There are lots and lots of opportunities now and projected for the future.
There is an excess of people WITH college degrees, which is making it more difficult for people WITH degrees to find white collar jobs. The more people you send to college the less valuable the degree becomes. Supply vs demand. A 4 year degree USED to guarantee a middle class job and existence. Not anymore and will only get worse as we've simply turned college into 4 more years of high school, except you have to pay for it and go into major debt. Government should start mandating many jobs drop the 4 year degree requirement for a job like a police officer. A hs diploma is fine for many jobs like that. Record numbers matriculating to university every single year. It will get worse if regulations aren't made forcing companies to drop the degree requirement for many types of jobs that clearly don't really require a degree to DO the job.
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Old 05-10-2018, 06:34 AM
 
5,598 posts, read 4,204,310 times
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Quote:
Originally Posted by BeyondtheHorizon View Post
There is an excess of people WITH college degrees, which is making it more difficult for people WITH degrees to find white collar jobs. ......
BS!!!


Data shows that the demand for employees with college degrees has been high for years. Immediately following the Great Recession, companies were not hiring at any level. Within a few years, unemployment for college level jobs dropped to about 3% while unemployment for most non college jobs was twice as high or even worse.


Future demand is going to be even higher. There are acute shortages developing in many fields as baby boomers start to retire. A young, career oriented individual would be advised to spend some time doing research into the occupations that are likely to be in high demand for decades to come.
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Old 05-10-2018, 07:49 AM
 
697 posts, read 263,309 times
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Quote:
Originally Posted by jrkliny View Post
BS!!!


Data shows that the demand for employees with college degrees has been high for years. Immediately following the Great Recession, companies were not hiring at any level. Within a few years, unemployment for college level jobs dropped to about 3% while unemployment for most non college jobs was twice as high or even worse.


Future demand is going to be even higher. There are acute shortages developing in many fields as baby boomers start to retire. A young, career oriented individual would be advised to spend some time doing research into the occupations that are likely to be in high demand for decades to come.
BS? LOL

So the number of people entering and graduating college hasn't gone up in the past couple of decades? Would you like data?

1940 to 2017 Number of people with a college degree.
https://www.statista.com/statistics/...her-by-gender/

You don't think it was easier to get a job with a college degree a few decades ago vs now? It's now common for many people to graduate college and get a job at starbucks. That was unheard of. You were competing with less people.

Majority of jobs are in the service sector. We are a service economy. Not everyone is going to be a ceo or high level executive even if you send everyone to college. If you send everyone to get computer science degrees then you will depress the wages in that sector and make it difficult to find employment. There's a reason medical schools have a very competitive LIMITED admissions process. Too many doctors would depress the wages and make it difficult to find work. Most of the time when companies complain about not finding people it's because the pay is too low for their requirements or they are looking for a ridiculous amount of experience/education for that position. An example would be if the nypd lowered the requirements to a hs diploma. They'd be flooded with applicants. There used to be a nursing shortage. Now it's become harder to find your first job and nursing schools now have a competitive admissions process as the economy weakened. People saw that as one of the few professions to make a decent buck.

University not only cost the student, but it cost the tax payer. We subsidize millions to these public universities and that will increase as they have more students. It's not productive to have everyone going to college.

Automation is actually a good thing as long the rich don't pocket all the economic advantages of it. It reduces cost get things done and increases production. Think about an excavator vs a 50 guys with shovels. Or the invention of using cows for plowing fields in farming hundreds of years ago. It helped reduce widespread famine.

Oh and finally, employers are requiring college degrees for jobs that did NOT used to require them. There was a mcdonalds in Massachusetts that wanted a bachelors degree for a cashier. That's not a real college JOB. That's where the data shows increased demand for degrees by employers. That's a BAD thing

Last edited by BeyondtheHorizon; 05-10-2018 at 08:01 AM..
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Old 05-10-2018, 08:22 AM
 
5,598 posts, read 4,204,310 times
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Quote:
Originally Posted by BeyondtheHorizon View Post
BS? LOL

So the number of people entering and graduating college hasn't gone up in the past couple of decades? Would you like data?

..........

You don't think it was easier to get a job with a college degree a few decades ago vs now? It's now common for many people to graduate college and get a job at starbucks. That was unheard of. You were competing with less people.

....
Yes, total BS!!!


Of course the number of college grads has gone up and the number keeps increasing. There are still more jobs than graduates.


Was it easy to get a job in past decades? Sometimes but there were a great many times when unemployment for college grads was high. For the past several years it has been at or less than 3%. The supporting data is readily available. Look at the BLS webpages. You can look up unemployment by occupation, sex, location and all sorts of other factors. Unemployment for college grads has never been this low. And it has been low for years and if possible seems to be getting even lower. Employers are scrapping the bottom of the barrel Can you find people in the bottom 3%? Certainly. Unemployment is not at zero. It does take some doing or poor choices to end up in the bottom 3%. You need to live somewhere without jobs in your chosen profession or you need to have a really bad personality and/or history such as criminal behavior or drug abuse.
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Old 05-10-2018, 08:40 AM
 
5,598 posts, read 4,204,310 times
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Quote:
Originally Posted by BeyondtheHorizon View Post
....

You don't think it was easier to get a job with a college degree a few decades ago vs now?.......
In case you are not able to look up unemployment statistics, here is a current and short summary by occupation. Rates, especially for professional level jobs, are about as low as they can go.


https://www.bls.gov/web/empsit/cpseea30.htm
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Old 05-10-2018, 08:47 AM
 
5,598 posts, read 4,204,310 times
Reputation: 10552
Quote:
Originally Posted by BeyondtheHorizon View Post
.......
Oh and finally, employers are requiring college degrees for jobs that did NOT used to require them. There was a mcdonalds in Massachusetts that wanted a bachelors degree for a cashier. That's not a real college JOB. ......
Nor was this true. An independent employment agency made an error in listing the job. The McDs in question did not have any such requirement.


https://www.huffingtonpost.com/2013/...n_3013838.html


Apparently you are looking far and wide to try to find anything to confirm your opinions regardless of the facts.
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Old 05-10-2018, 10:12 AM
 
17,203 posts, read 14,805,597 times
Reputation: 32762
Quote:
Originally Posted by jrkliny View Post
BS!!!


Data shows that the demand for employees with college degrees has been high for years. Immediately following the Great Recession, companies were not hiring at any level. Within a few years, unemployment for college level jobs dropped to about 3% while unemployment for most non college jobs was twice as high or even worse.


Future demand is going to be even higher. There are acute shortages developing in many fields as baby boomers start to retire. A young, career oriented individual would be advised to spend some time doing research into the occupations that are likely to be in high demand for decades to come.
Aside from tech jobs, no one knows what jobs are going to be in demand. This is the problem. Fields that were well paying not that long ago, like paralegal are no longer in demand due to outsourcing, and soon (per the links I posted) automation. Radiologist seemed like a job that should always be in demand, but now they have begun to develop computers that can diagnose imaging better than a radiologist. Many of the fields listed in those links are degreed professions that would have been great fields 2 years ago before people knew they could be automated.

I think you’re thinking of automation mainly as robots that can work in warehouses but the things they are developing threaten many fields that require a degree. Even aside from automation, predicting the future within a rapidly changing world is tough. When my bff went to pharmacy school it was one of the hottest jobs around, now it’s been saturated for at least 10 years, with more grads than jobs and lower salaries.

And again you are ignoring that not all kids are college material and more narrow still are those who will thrive in STEM jobs. Do you think every truck driver can just go for a degree as a scientist when his truck becomes self-driving?

Like the other poster said as well, if you send every kid to college it devalues it and the demand for workers will be less than the number of grads.


People like to point out jobs that disappeared in the past, but the changes took place over a much longer time period, where now they are happening rapidly. There were also new low skilled jobs that replaced the lost ones, people who repaired tractors could transition to being auto mechanics, people who repaired trains could be trained to repair planes or assembly line equipment. The skill sets were more transferable then, they didn't require returning to school for 5 years and $150,000 to transition into new fields.

Last edited by ocnjgirl; 05-10-2018 at 10:49 AM..
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