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Old 06-22-2011, 04:20 PM
 
3,421 posts, read 4,387,871 times
Reputation: 4908

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Obama, what a joke.

The story goes that Milton Friedman was once taken to see a massive government project somewhere in Asia. Thousands of workers using shovels were building a canal. Friedman was puzzled. Why weren't there any excavators or any mechanized earth-moving equipment? A government official explained that using shovels created more jobs. Friedman's response: "Then why not use spoons instead of shovels?"

That story came to mind last week when President Obama linked technology to job losses. "There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers," he said. "You see it when you go to a bank and you use an ATM, you don't go to a bank teller, or you go to the airport and you're using a kiosk instead of checking in at the gate."

The president calls this a structural issue—we usually call it progress. And it isn't exactly a new phenomenon. It's been going on for centuries, and its pace has accelerated over the past 50 years. Businesses relentlessly look for ways to replace workers with machines. The machines get better and smarter. We go from spoons to shovels to excavators, not the other way around.

Russell Roberts: Obama vs. ATMs—Why Technology Doesn't Destroy Jobs - WSJ.com

In the next election, can we put an adult in charge?
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Old 06-22-2011, 04:24 PM
 
Location: planet octupulous is nearing earths atmosphere
13,620 posts, read 11,682,117 times
Reputation: 20029
acually obama pointed out the obvious,, automation takes jobs, and it will only get worse in the future..
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Old 06-22-2011, 04:36 PM
 
5,765 posts, read 10,780,803 times
Reputation: 3850
Quote:
And it isn't exactly a new phenomenon.
That's a fatuous, meaningless statement. Labor displacement is a very old phenomenon. Labor replacement due to radically-increased efficiencies is not; it's a trend that has only become possible with the rise of computerized control systems that take the need to make "decisions" of all types away from human workers.

The unanswered question is this - how far can we go with automation? What happens as systems improve and become more versatile and "intelligent"?

New jobs don't just magically appear because we wish they would. They have to arise out of specific demands for human labor, that only human labor can accomplish at the most efficient price.
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Old 06-22-2011, 04:38 PM
 
Location: Riverside
4,088 posts, read 3,954,975 times
Reputation: 3085
Quote:
Originally Posted by Teak View Post
Obama, what a joke.

The story goes that Milton Friedman was once taken to see a massive government project somewhere in Asia. Thousands of workers using shovels were building a canal. Friedman was puzzled. Why weren't there any excavators or any mechanized earth-moving equipment? A government official explained that using shovels created more jobs. Friedman's response: "Then why not use spoons instead of shovels?"

That story came to mind last week when President Obama linked technology to job losses. "There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers," he said. "You see it when you go to a bank and you use an ATM, you don't go to a bank teller, or you go to the airport and you're using a kiosk instead of checking in at the gate."

The president calls this a structural issue—we usually call it progress. And it isn't exactly a new phenomenon. It's been going on for centuries, and its pace has accelerated over the past 50 years. Businesses relentlessly look for ways to replace workers with machines. The machines get better and smarter. We go from spoons to shovels to excavators, not the other way around.

Russell Roberts: Obama vs. ATMs—Why Technology Doesn't Destroy Jobs - WSJ.com

In the next election, can we put an adult in charge?
"The adults are in charge now"

That is always the line we get when the GOP wins an election. It is insulting and condescending. I'm sure that is intentional. It is why Limbaugh often refers to Obama as a "man child". Insulting, and subtly racist too.

That's what we heard when Bush/Cheney took over from Clinton... "The adults are in charge. An Admin of CEOs. These guys relly know what they're doing"

Haw!!! We all saw how THAT turned out!

Let's shelve that "adult in charge" crap, OK?
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Old 06-22-2011, 04:41 PM
 
Location: Sango, TN
24,874 posts, read 22,335,020 times
Reputation: 8656
Technology does destroy jobs, they destroy jobs that people want.

Sure, there will always be jobs, I could go and get a job at McDonalds right now. But someone with a college degree in engineering getting a job at wal-mart is a bit of a waste.
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Old 06-22-2011, 04:53 PM
 
Location: The Republic of Texas
75,964 posts, read 39,469,082 times
Reputation: 17283
Quote:
Originally Posted by Gurbie View Post
"The adults are in charge now"

That is always the line we get when the GOP wins an election. It is insulting and condescending. I'm sure that is intentional. It is why Limbaugh often refers to Obama as a "man child". Insulting, and subtly racist too.

That's what we heard when Bush/Cheney took over from Clinton... "The adults are in charge. An Admin of CEOs. These guys relly know what they're doing"

Haw!!! We all saw how THAT turned out!

Let's shelve that "adult in charge" crap, OK?

I know, it is really hard to argue with the truth.
Now if we can get a true to the bone Conservative and not a RINO in the White House, adult would actually be the truth, instead of big brother.
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