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If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
They should get tax breaks, not be punished. Investments in capital allow products to be produced more efficiently, and can potentially allow production to stay in this country and not chase cheap labor around the globe. Not to mention that it frees people up from the drudgery of low skill jobs.
If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
#EconomicTerminators
Scratch a leftist, find a wannabe totalitarian dictator.
If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
#EconomicTerminators
An expanding economy will always provide more jobs, but the unfortunate fact is that most of those jobs will either require more education, plus starting over at on the bottom rung of a new "company ladder", and/or revolve around personal service, a prospect which seldom appeals to introverts, and probably tends to intensify for a lot of us as we advance in years.
That same society also continues to provide a larger "safety net"; so I don't think too many people are going to be "homeless" -- just unwilling to accept the responsibilities of full societal participation; and life among the dependent class is seldom very stimulating.
The behavior of our OP is a by-product of the human condition, peculiar to the First World alone, and compounded by advances in both technology and communication; but I don't see an "easy" answer to it -- at least, not in the mindset of the unmotivated.
Last edited by 2nd trick op; 11-05-2015 at 01:15 PM..
If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
Those machines have to be designed by a someone or group.
The materials to make the machines have to be mined and processed.
The factories to make those machines have to be designed, materials sourced, built and staffed.
The logistical connection between all of the above have to be in place and staffed.
So there are many more jobs created for that machine than the persons they replace.
If a company replaces a worker with a machine, then they are putting someone out of work.
So they make more money , and then fewer jobs are available, so less of that money gets redistributed through paychecks.
The engineer and mechanics who manage the machines get work, but with durable machines you don't need as many mechanics as you would need workers beforehand.
Otherwise, machines will replace every job , and all the humans will be homeless besides the tens of people who own the machines.
#EconomicTerminators
Way to encourage innovation and advancement! With your ideology, we would still be rubbing sticks together to build a fire.
Those machines have to be designed by a someone or group.
Increasingly automated. And as better VR comes into play the automation for creating things will only get better.
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The materials to make the machines have to be mined and processed.
Austrailia is probably one of the world leaders on automating this, with some mines hoping to be almost 100% automated within the decade.
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The factories to make those machines have to be designed, materials sourced, built and staffed.
Also increasingly automated for most things. And with 3D printing showing up the automation will advance even faster.
Quote:
The logistical connection between all of the above have to be in place and staffed.
You mean like with say....self driving vehicles?
Quote:
So there are many more jobs created for that machine than the persons they replace.
Only true in the past because humans have always had many ways that they could out think, or outperform a machine on. This time its different as software may very well be able to out think most humans at some point.
Increasingly automated. And as better VR comes into play the automation for creating things will only get better.
Austrailia is probably one of the world leaders on automating this, with some mines hoping to be almost 100% automated within the decade.
Also increasingly automated for most things. And with 3D printing showing up the automation will advance even faster.
You mean like with say....self driving vehicles?
Only true in the past because humans have always had many ways that they could out think, or outperform a machine on. This time its different as software may very well be able to out think most humans at some point.
Should you be paying a secretary to type that up?
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