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And therein lies the problem with the argument that we need a more educated workforce.
It's not that we don't, we actually do ...
You really need to work on not contradicting yourself.
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- the problem is when we do turn all those low end workers into PhD-holding engineers,
the value of those high-paying engineering jobs will implode because...
Close enough. But it starts much lower on the pay scale than high level engineers.
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Nope, no country is taking our place. Machines are taking our place.
Mostly correct. But they'll be taking jobs everywhere... probably at a 10:1 ratio or even greater.
This fast coming reality is the idea behind shifting to a UBI ...at some point.
Last edited by MrRational; 08-16-2020 at 03:30 AM..
Nope, no country is taking our place. Machines are taking our place.
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Originally Posted by MrRational
Mostly correct. But they'll be taking jobs everywhere... probably at a 10:1 ratio or even greater.
This fast coming reality is the idea behind shifting to a UBI ...at some point.
The meme that machines are rapidly replacing human workers is a myth. The low hanging fruit was picked long ago and yes automation did in fact replace workers in low-precision manufacturing jobs. Attempts to use discrete machines in jobs that require cognition or manual dexterity have largely been failures. Flippy the burger robot: fail, Foxconn’s iPhone assembly ‘bot: fail, various farm worker ‘bots: fail, autonomous taxis: fail, etc.
We are going to UBI schemes because the 1% find it’s expensive and annoying to replace broken windows.
Yeah man Cuba, Venezuela, and North Korea are doing great. Standard of living off the charts...
Shhh! That all comes later. The Revolution is all about the now!
Reminds me of title of a rather bad book I once read: "It gave everybody something to do" LINK
This aspect might just be the biggest risk in all of this... too many with too little and too little to do.
You mean the "lowest paid" sector of their economy.
Service jobs pay utter crap. That's why half of American jobs out there pay under $30K a year!
A little off on numbers - according to Federal BLS stats, half of jobs in us is at $49.8K, and average "traditional service job" is $34.6K, not "under $30K". Lets not have facts get in the way of rants.
Professionals earn an average of $80.9K - if talking about 80% of US being service jobs, these probably need to be included - they are providing services, just different type.
Actually according to the stats - education is one of the biggest determiners of wage brackets - Average is $31.6K if no HS diploma, $39.9K with HS diploma, college grad $72K.
Someone could have asked how viable an industrial based economy after it supplanted agriculture. The world changes, it's entirely possible to have a primarily services based economy that flourishes.
That would be more reassuring if the industrial based economy had not collapsed.
Don't even start with me on domestic medicine. It's in such a deep s..thole that it became probably worst in the world.
Don't get extreme. By recent rankings, the US medical system is only 38th worst.
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