BleedBlueGold
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How? Mass unemployment isn't a bug, but a feature of capitalism in this case. No self-respecting capitalist would ever employ 10 people where 5 would suffice; nor employ even 1 person where a robot can do the job more efficiently. During the Industrial Revolution, it was obvious that displaced farm workers would be needed in factories. But the whole point of automation is to remove the human element as much as possible; the technology itself isn't going to create a new industry that all of these displaced bank tellers, fast food workers, and shelf stockers can move into.
I'm not sure that is a fair analogy. But using that same example, I'm sure workers were concerned then too. What will happen to wagon/carriage manufacturers? What about the blacksmiths? The stable services industry?
They had no idea that auto would lead to an industrial revolution, lead to the essembly line which revolutionized what working in America meant, spawned completely new industries.
We don't know what automation will create, but the upcoming technological revolution will undoubtedly create new jobs. Just like every revolution has since that crazy dude decided to spurn the sled industry when he chiseled out a wheel.
I agree with Wooly, that something will come of this. What? I don't know. I don't have a crystal ball that will project what sector will create the next human job boom. But that doesn't mean I completely disagree that something will need to be done during a transition period. See coal country at the moment. Those people aren't retraining or transitioning. They're simply getting left behind. And we need a plan to help them. Idk if that's the UBI or a form of it, or what, but something will need to be done.
Not exactly a knowledge-drop for a post, but I guess it's just a gut feeling that some other sector will provide jobs for humans when automation takes all the others.