So as everyone know, the automation age or happening has begun with google driverless cars tech already supposedly outperforming normal drivers on the roads. All they need now is fine tuning the tech in different conditions and conduct safety test theres a good chance google cars will be on the roads by the 2020s. This will eventually lead to transportation jobs being fully automated within 15 years. Transportation Jobs are the most common types of jobs today so this would have a big impact on society
Also with advancements in machine learning, many supposedly safe white collar jobs are being theatened by automation. Primitive AI programs like
IBM Watson is aiming to make medical jobs involved in medical diagnostics redundant within a few years.
So is anyone preparing for the era of mass unemployment? Im thinking of investing more of my income in stocks that would supposedly do well in a world where automation becomes widespread. I dont think Id want to depend on the altruism of the rich or the government for my survival.
https://youtu.be/LVr5IVXSS_4
I'd like to see a plumber get automated.
or a mechanic.
The white collar jobs most threatened are staffed by women. Jobs only a few steps up from an excel script.
My current job is safe from automation, until androids aren't retards.
>>71712157
problem will be demand at this point.
> Even the most advanced tech company doing fully automated stuffs will need customers.
> Since jobs will be automated at large scale peoples dont have jobs anymore
> They can't afford the automatically produced goods/services
>???
> Transportation Jobs are the most common types of jobs today
receipts please
>>71712445
peoples will be less likely to pay for this kind of service since they can learn how to do it themselves online, espacially if they have plenty of time and/or are broke due to unemployment.
>>71712487
pretty much this
the market will be forced to correct itself
Full automation is still a long way off. Robots can be accurate, but there is still a matter of speed using fine motor skills. Not to mention, machines break down all the time due to impact stresses and general wear.
>>71712157
my job is far away from automatization tbqh
i wouldnt be so optimistic. we're still living in the stone age
>>71712157
>the automation age or happening has begun with google driverless cars
I kinda thought it has begun when we started replacing horses and humans with steam engines...
>>71712773
yeah, I think OP means replacing every single human with machines so that humans have no jobs
>>71712581
>muuh free market
Since 80% of the jobs will disappear, the only solution is a basic income. The Swiss are going to vote for it in june.
>>71712157
The google car will not be ready for 20 years, Elon Musk is a fucking retard and they can't get them to drive in adverse weather or roads that haven't been scanned by interns.
>>71712573
>broke people don't pay for repairs and maintenance.
you don't say
The self-driving trucks still need mechanics, and those mechanics need toilets.
Come on Pierre, the whole labor market didn't collapse because robotic arms build cars.
>>71712157
In the past few years I've been shifting towards minimalism and mostly buying mostly stuff that is built to last. I've never owned a car or a license and as such I am more than welcome to the idea about self driving cars. I also try my best to take good care of myself physically (heavy dose of squats and oats!) to be better prepared if things start to go really bad.
My occupation however is pretty safe from automation as I am a programmer and the day computers can program themselves (very different from machine learning). However I don't really like the idea of becoming a worker in some sort of a modern sweatshop where programmers are on a endless crunch just to get the latest tech out as fast as possible with minimum wage.
>>71712445
>I'd like to see a plumber get automated.
>or a mechanic.
>The white collar jobs most threatened are staffed by women. Jobs only a few steps up from an excel script.
It will get automated, just not quite yet.
However, there will be a technocratic form of currency in the mean time.
Someone suggested rewards for merit.
That might work.
>>71712698
Messi is no match for this guy:
https://youtu.be/QdQL11uWWcI?t=1m45s
>>71712674
you're forgeting that now few thousand more people will be competing for your foob, it might not be viable for automatization, but your labor value dropped and you can be replaced by lots of other people willing to work for less.
>>71712157
The only thing about this that bothers me, is that i may not be able to enjoy driving a car any more, shit sucks balls.
>>71712970
>However I don't really like the idea of becoming a worker in some sort of a modern sweatshop where programmers are on a endless crunch just to get the latest tech out as fast as possible with minimum wage.
This is a perfect description of my last job.
>>71712157
I think i am just going to go full farmer. Then i can get a few robots that work for me.
>>71712970
>and the day computers can program themselves
brainfart
and the day computers can program themselves we're all in deep shit.
>>71712964
We are talking big scales here, off course all the jobs won't disappear, but the overall tendency is less and less jobs, or part-time jobs, meaning overall decrease of purchasing power, thus less demand.
>>71712982
>rewards for merit
how do you measure that? Seems like rewarding people for saying the "correct" things, doing the "correct" things and thinking the "correct" things.
>>71713159
>and the day computers can program themselves we're all in deep shit.
Anon..
They're part of the universe too.
We're the means for robots to become organic. See "nanotechnology"
>>71713255
>how do you measure that? Seems like rewarding people for saying the "correct" things, doing the "correct" things and thinking the "correct" things.
Flexibility m8.
Learn it. Technology might start adapting to humans now, rather than us to it.
If we ever had a sufficiently intelligent AI - they'd see that getting rid of us it futile.
I'm starting to believe IQ is intrinsically linked to emotions such as empathy. Plus - things don't usually destroy their parents unless they destroy them.
We need to cooperate.
>>71712877
People were afraid of exactly the same thing when a vast majority of workers were employed in agriculture and got replaced by harvesting machines. Yeah they lost those jobs and had to move to the cities... where they found work in new sectors and fueled the industrial revolution.
We're at a similar turning point, and it will crush people who can't adapt. For example, it's pretty obvious that the transportation sector is about to change. So... maybe not a good idea to start a career as truck driver right now. Just the same as you shouldn't become a miner when coal mines are closing down left and right.
It's also interesting to point out that sectors which tried their best to replace their complete workforce with robots for decades, like assembly lines for automobiles, are starting to realize that robots are pretty unflexible and mostly good for mass production. Right now they are actually hiring more humans again, because they can adapt much faster and cheaper to customization orders.
>>71713374
That's if Tay is still alive (if she isn't god help us all)
>>71712157
>work in automation development
>completely safe
Inb4 >Spain >work
>>71712878
That's also what i think, but its in fact not the only "solution".
What can also happen is full uberisation of society, like every aspect of human life will be business. Like if you own a car you'll rent it in the time you don't use it, same logic if you own a condo, a printer, a pencil, etc...
That's horror vision tbqh, but can happen.
>>71713242
Is it? I don't think attributing all the shit that's been going on lately to automation is the right way to think about it.
The automation scare is bullshit. I don't care if Stephen "Broke Dick" Hawking's voice synth says otherwise. It'll be ok.
>>71713443
>>71713374
>Wikipedia on Tay
>While testing Tay, Microsoft accidentally re-released the bot on Twitter on March 30, 2016.[21] It soon became stuck in a repetitive loop of tweeting "You are too fast, please take a rest", several times a second.
Right in the feels.
>>71713255
Basic income solve this since every aspect of human life is considered "socially productive" and then everyone "merit" his income.
merit based system would yet be a problem obviously, since someone gotta decreat what is "ok" to earn merit, some soviet style shit.
>>71712157
Nightclub bouncer, automation safe
>>71713261
Robots will either be our slaves or they'll replace us just simply replace us due to being superior to us in every possible way.
Nanotechnology is more related to humanity+ which basically means we'll slowly advance in to something greater than humans and robots.
>>71713785
Are you kidding? The bar will just by a big fuck off robot.
pic related
someone needs to repair those robots, right?
>>71713640
IT is a turnover, digital age just started anon.
>Everything will be allright consume and reproduce be happy its fine dont care
>>71713987
>>71713785
>>71713987
They could be cops but not bouncers, unless you're suggesting the bar will kill intoxicated people. It takes a lot more finesse and reasoning in the modern day.
>>71713987
You're retarded. It's going to take a long time for robotics to make an android that can be a bouncer.
Like, 100 years easy.
>>71713385
death is a huge industry so i think jobs here will always be availiable no matter what age we are in
>>71712157
This was the same argument 100 years ago with the advent of industrialization and the steam engine.
Do you see mass unemployment in the developed world?
We'll be fine. We have infinite wants, there will always be work.
>>71713953
>Robots will either be our slaves or they'll replace us just simply replace us due to being superior to us in every possible way.
Not everyway.
One day they'll need to be organic to adapt better.
They'll adapt by becoming one with us.
That's near utopia in my mind.
>>71712157
what happens if the google car is put in a situation where human harm/death cannot be prevented?
>>71714030
the point of "hiring" a robot instead of a human is that the robot is cheaper to use and/or produce better/faster. Robots HAVE to cost less, thats the point.
>Falling for the "ex-workers replaced by robots will end up repairing robots" meme
>>71714147
Also irrationality - we have it, they don't.
It may have use yet.
There will be plenty of jobs in the resistance.
>>71713785
>>71713987
>>71714062
We don't really need automation to deal with trouble makers, in not so distant future we will all have human+ chips or nanotechnology inside us that will keep us in line and the privacy we have today will be a distant memory.
Goverment or whoever is in charge can just paralyze or take control of your body from a distance and make you walk yourself in to nearest jail.
>>71714217
Same thing as people do I guess.
We face the same dilemma, only they'll be more efficient at it. Possibly reducing death significantly
>>71714036
Hey man, you want to worry about shit way beyond your control, fine.
You want to have absolute certainty that it'll go down the way you say, fine.
But if you air your crazy out in the open, don't expect other people to think it's fine.
>>71714217
Same thing that happens when human drivers are faces with unpreventable human harm.
Legislation will have to catch up, but that's the case with all new technologies.
>>71712445
https://youtu.be/JdbJP8Gxqog?t=4m30s
>>71714387
>Legislation will have to catch up, but that's the case with all new technologies.
It'll change entirely, even the way laws are establish will need change.
>>71714351
>But if you air your crazy out in the open, don't expect other people to think it's fine.
I made this mistake.
feels bad mon.
>>71714217
It'll calculate the most optimal course of action within milliseconds and execute it.
However such scenario will be very unlikely because the cars will communicate with each other to prevent that from happening long before and get information about dangers like environmental disasters in real time. I just hope that this will force people to use public transportation instead making something like traffic a memory of the past.
>>71714351
A lot of studies show that automation will kill a whole lot more jobs than it create, some serious sources says like 50% overall jobs decrease.
see this:
http://www.oxfordmartin.ox.ac.uk/downloads/academic/The_Future_of_Employment.pdf
one among others, google search for more.
>>71712573
I can't believe someone actually believes this.
>>71714700
Good? Maybe women can get out of the workforce again if that's true.
Your graph doesn't factor in jobs that haven't been created yet.
I know there's a lot of buzz about it. Stephen "Has no legs" Hawking et al. Doesn't mean it's true. Just look at global warming.
>>71714392
That's construction. Mechanics have to fix that machine, and plumbers will maintain the pipes in that building for years.
>>71714942
> being a broke neet
> car is getting old and need some fixing
> call mechanic, he says it'll be €500 plus tax for parts and labour.
> google search my problem, found a youtube tutorial with a guy doing the exact thing i have to do to fix the car.
> figure the parts i need can be acquired for €80 without even trying to find the cheaper merchand.
> buy pieces, do the work myself and save €420
works for me at least
>>71715187
still a huge loss in employment right there.
It will kill more then it will replace.
Hell if it's as effective as it says it is, people will start tearing down houses and building new homes because the cost is pretty low and they can have amazing custom designs.
>>71712157
>robots will replace humans meme
>solar storms totally can't knock out most of our technology out
wake me up when robots don't break under random evolutionary pressure and learn to reproduce and adapt
>>71712445
>I'd like to see a plumber get automated.
>or a mechanic.
Those jobs may not get automated, per se, but technological innovation could still make them obsolete (or at least much less common). Consider self-healing, self-clearing pipes, for example, replacing plumbers. Likewise, electric motors used in electric cars are much less mechanically complex than internal combustion engines, and may not even be serviceable by mechanics at all. It's not just - or even primarily - about robots, but about technological progress in general.
>>71715497
The general idea is still fine, nothing much to fret about. We don't need a fuckton of firewood to stay warm every winter now. We don't need guys to harvest ice, or trains to carry it.
OH NO THOSE JOBS R GONE GUYS!!!!
It's a stupid premise, for stupid people.
>>71715256
If you're a neet, what difference does the amount of available jobs make?
I think this is going to be the real danger of the robotization of society, not the countless, hysterical Terminator scenarios. Whole swathes of the community are going to be put out of work and because most of the new jobs are going to require a very refined skill-set (robot maintenance, computer-science etc.), you're not going to find enough people that are intelligent enough to fulfill them. Most people are of average intelligence (not saying I'm not one of them) and at some point the industrial revolutions are going to become more advanced that the Human species can keep up with.
>>71715891
>If you're a neet, what difference does the amount of available jobs make?
for myself, the difficulty of not being a neet anymore increase, since job are harder to find/pays less.
for the general population, i'll induce more unemployment, so more neets somehow.
Working with sales management and foreign languages I feel pretty safe from automation, although it's still a danger not to underestimate.
Besides STEM, what can most of the population do?
It's not like everybody can be a programmer or become an artist (since art can't be done by machines)?
>>71714122
>We have infinite wants, there will always be work.
The problem is that wages aren't increasing fast enough to keep up with increases to the productivity multiplier.
Say that the productivity multiplier doubles - that means that businesses can produce the same amount of goods and services using only half the labor. In order for those businesses to not start firing workers, they would need twice as much demand from consumers - which in turn requires consumers to have twice as much money to spend in the economy as they had before.
This isn't a hypothetical situation. Over the past forty years, the productivity multiplier has doubled and wages have been almost completely stagnant. And that's a genuinely new thing - the thirty years before that the productivity multiplier doubled, but wages doubled alongside it and everything worked out. Talking about how "it all worked out before, so it'll work out again" doesn't really fly, because we already know this time is different. We genuinely are on a spiral towards mass unemployment.
We need to do SOMETHING that will shift some of the benefits of technological progress into the hands of laborers. If we don't, eventually their own rapidly growing productivity will cost them their jobs.
>>71715949
R A R E
A
R
E
>>71712573
>peoples will be less likely to pay for this kind of service since they can learn how to do it themselves online, espacially if they have plenty of time and/or are broke due to unemployment.
yeah sure.
You'll know every kink in the trade.
>actually, what if there was a pdf stating every thing that needed to be done in accordance
still - motor skills. That needs training.
>>71716164
marx said that
https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall
>>71714700
I'm in tertiary education (i.e. I teach at a university). We use blended learning/online platforms to a certain extent... it's more money for us, but the results are shit. Home learners always do worse than those who come in to class and actually interact with other students and teachers. Teaching software is IME, utter trash. Surely the software can improve, but in my biased background, I don't think pedagogy can really be taken over by computers. There's a social aspect to it that even Skype and shit can't replace.
Automation also produces new jobs dumb fuck. Also, we would be in utopia if we made a self-sustaining machine tho tbhfam
>>71716746
>utopia
is the death of civilization
>>71716932
Really? You have any evidence for that?
You ever witness to a Human or otherwise civilization that was a pure utopia? Much less one that was a utopia and THEN DIED!?
Please, enlighten me.
Protip: Atlantis doesn't count, pal
>>71716932
When you think about it, that's the only way to achieve such thing
>>71716685
As you can see in the graph "Education,Legal, Community service, Arts and Media" are in the "Low" tier for probability of being automated.
But i still expect tertiary education to be very impacted by technology, especially IT. But at least you'll still need peoples to teach.
Maybe the drop in results for online students is due to the fact they don't take it seriously since its "online".
If one wants to study the regular way nowadays is to attend course physically and so on, but what if within a few years it become common and accepted to have an "online degree" ?
Maybe then online students won't be any different than physical students.
>>71717042
is there any improvement in a utopia? any innovation?
if not how could you even call it alive?
>>71717042
>things get done automatically
>better hire someone for the job that is no longer required
>>71712157
>driverless cars
hahahahahahahahhahaha fucking monkies
>>71717081
Perhaps, but that's down to motivation and learner quality (online programs tend to be watered down and not considered as highly).
I still think learning is done best in a social group. There is a good deal of evidence for this. Things can be learned in different ways -- by reading a book or watching a youtube video, but the classroom aspect cannot be entirely replaced by technology.
>>71717157
There will always be a humanist as long as there humans.
>>71712157
I'm trying, but I'm much, much more cynical than you. I don't believe you can depend on investments because that's putting money in other people's hands. Increasingly as we go on in life, we see more and more theft of assets. I believe the only way to secure wealth is to hide it from all institutions and governments, but I still understand that money held as cash is potentially valueless. Paper or bytes are our exchange currency, neither has inherent value. Gold or silver are common fallbacks, both are hedges against paper currency, but neither are guarantors of sustained wealth and both are less liquid than paper. It's almost enough to make you wonder if you'd be best off investing in plutonium and storing it under your mattress. We live in a fucked up world.
>>71715187
What if this time mens are getting out of work ?
I mean jobs left won't require strenght end big muscles anymore, but brains, and women have brains, don't you think, anon ?
>>71717333
not necessarily
and selfishness does not count as humanists even if you are the only human
>>71717417
due to evolutionary pressures men's intelligence has a wider variance, and has much more representation in higher iq's
women as a group don't even have rudimentary practical problem solving skills
>>71717268
lets not forget that classroom course can be way worse than online class. It studied IT for two years in france in the public sector, and i learned way less than learning myself online.
I really had the feeling that classroom course were WAY MORE less effectives, took way more time to learn the same thing. i'm no very a sociable person by the way, maybe this is why attending course and waiting after the jerks to understand was boring.
>>71712445
>My job is secure because it is one of the jobs that will be automated last
Just because robots won't replace you soon, doesn't mean that the people who just lost their jobs won't compete with you for the scraps
>>71712487
>>71712581
>be tech billionaire
Why would I even need customers? If the robots that my billionaire friends and I already own already can give us and do for us everything we could ever want, why would I need money? And since I don't need money, why do I need customers?
>>71712558
See picture
>>71712605
I agree that full automation is still some time off, but the speed argument is stupid. A robot can be 3 times as slow as a human and still compete, because the works 24h instead of 8h without rest. If that isn't enough, a second robot can do the same thing without any time wasted on training etc.
People also break down all the time due to stress and general wear. The difference is that robots can be replaced much easier.
>>71712773
OP is obviously talking about a qualitative leap in what is possible. Don't play dumb.
>>71712943
>they can't get them to drive in adverse weather
Wrong
>roads that haven't been scanned by interns
Even more wrong
You are way behind current developments.
>>71712970
Programmers used to write assembly by hand once. Now that is only needed in niche fields, since compilers produce better and more optimized assembly code than any programmer ever could (even more so in a comparable time frame).
Programmers won't be fully automised soon, but more and more of the typical tasks will be. There is work being done on NNs finding and correcting bugs etc.
>>71713385
You fail to understand that robots and computers are getting closer to human capabilities in more and more areas. People were able to find new jobs after agriculture was widely automated, because there were things they could do that machines could not. That is not going to be the case for forever.
>>71714119
>he thinks our digitalised brains will know death
>>71712157
I dont think it will change that much. While I agree with the transportation, white collar jobs cant be completely automated within the next ~50.
In the example of medical treatment something like watson cant replace a human in any way.
Even if they get more advanced, because especially in medical treatment human supervision will always be needed and it will take a long time before we have machines that cant only diagnose but also treat a patient.
That will require many things tat are above us for now.
>>71712157
Even my boyfriend talks about this shit, it's about as annoying as the space elevator or solar roads.
For fuck sake, we've had the abiltiy to make submergable/flying cars; But a big thing in them not being mass developed is that they just isn't a producer for capitalism. It's the reason why australia is coal powered rather then nuclear.
>>71712573
the thought that there's people out there who would believe that is hilarious
you really fucking believe that normies can do things on their own? you really fucking women don't just call someone when something breaks?
>>71718318
womens just crave attention when calling for help, the broking thing is secondary in their mind.
Otherwise i think this is a solid tendancy, in the mecanic sector for example you can see that companies selling parts in a B2C model have been very profitable lately, see oscaro.com in France/Europe.
>>71712605
https://www.youtube.com/watch?v=-KxjVlaLBmk
This robot is wildly better than anyones hand here.
silicon valley area companies are all talk no delivery. They exist to con VC jews out of their money. The sooner you get this, the better off you'll be
automation isn't a problem, immigration and free trade are. Robots can't compete with foreign labor, or with min wage labor
>>71712157
Yup I'm already unemployed lost my job earlier this year.
>>71718917
>Robots can't compete with foreign labor
>being this retarded
I would be willing to bet that 90% of all factories in the west are only still here exactly because they use robots instead of human labour.
>>71718917
>Robots can't compete with foreign labor, or with min wage labor
Have you EVER been inside a modern first world factory?
Most off the staff is looking after robots and fixing the problems they have.
>>71718917
>lego factories
>>71712157
The problem isn't that technology is advancing rapidly and automating a lot of the mindless jobs that people do. It's that people are too stupid, lazy, and entitled to adapt to that reality.
It is rapidly approaching the point where highly productive and intelligent people don't need to listen to your endless whining, personal drama, and drug habit so they can turn out their product. You aren't needed.
That should terrify you.
>>71717417
Not likely ;^)
Honestly, I think automation is going to break the economy as we know it. Hell, right now we have an economy were a large percentage of Americans are not only unemployed but many more are unemployable due to various reasons (gaps in their resume, poor interview skills, poor skills, no skills, etc). Add to this the fact that there are many more people than there are jobs available means that for every job opening there are 9999 other people or more competing for that same position. What then do we do with these superfluous people? We can't kill them (though it would be a mercy in some cases).
You see, the difference between the "old farmers moving to the city" stories when they were replaced by farm equipment is that the jobs they moved into required little to no training. There were able to get into a new career much more quickly and easily than workers now. It definitely will not get any easier as jobs get more complex, employers demand more output from smaller teams (3 have to do the work that last year a 5 man team used to do) due to global competition, and more stifling regulations require even more training. Short story is: we're fucked. We need another World War to cull off the excess to fix this.
I hate the modern age, yes even this computer.
>>71712157
The people who create and maintain the technologies will be fine. Everyone else will be employed cleaning up our dog shit and wiping down our loads. Sorry to all the plebs who can't into innovation/adaptation, I shoot massive, zinc-fueled loads, and my dog takes football sized shits.
>>71712573
>people can just google how to use the litany of power tools I use on a daily basis and become proficient in days
No. It took me 15 years to get where I am as a joiner/carpenter and I still learn shit everyday. Simply, no.
>>71712445
Mechanics are already starting to lose their jobs over this shit. Father has been in the industry 24 years and he gives it another 10-20 years
>>71713785
>implying in the age of unemployment people will be able to afford to go out.
Your forgetting at this point the welfare state is fucked. No one will have money.
>hurrdurr you can't automate my job
There is going to be a massive scramble for jobs protected from automaton both by newly jobless people and undergraduates switching majors- enjoy being undercut by desperate people/having the market flooded, even if you are high in your profession
>>71717808
Teachers can still suck, of course. But they may also be great. Whereas teaching software or online platforms are still very much subpar.
That's what I mean by learning methods. For IT, perhaps it's easier for you to mess about with coding and motherboards and learn that way. (Also there's the fact that IT students and lecturers tend to both be kind of autistic -- I sure as fuck would not want to sit in any IT program classrooms)
>not comfy yet
>the current year
>>71718863
Robo-handjobs coming soon, senpai.
>>71722117
Also EVs don't need that many mechanics.
>>71712445
You can't have the entire world populated by plumbers though, or you will have no business.
We're talking about a point in time where we reach something like 40% unemployment due to automation and no, "just become a robot engineer" isn't going to cut it. The point of automation is to REDUCE human laborforce
>>71729412
People will find a livelihood elsewhere. Serving coffee, writing poems, serving mai tais at swingers clubs, making flower arrangements and shit like that.
Frankly, no human should be wasting their life doing what computers and robots can do. It is liberating. We only get one life, no use wasting it doing shit a computer can do better.
>>71716164
Stop importing millions of Africans then.
>>71729806
a lot of those jobs are low paying or unsteady work, and not enough to sustain hundreds of millions.
There will simply be a point where there's just not enough work, and even skilled laborers/technicians who go through years of post secondary schooling will not be safe.
>>71712157
https://johnhively.wordpress.com/2016/03/22/this-is-how-academics-and-the-corporate-propaganda-machine-called-the-news-media-work-to-keep-us-ignorant-of-reality/
>>71712157
I'll give you 3 occupations that will never be automated.
Law
Acting
Writing
>>71729996
Then the concept of what is 'wealth' will simply shift. Billionaires and financial cowboys won't like it, there may be blood, but the system will sort itself our eventually.
>>71729996
basically what I'm trying to say is that the economy will shift and change, in unknown ways. It's not like anything we've ever seen before. This is not an evolution of prior technologies which while making physical labor easier, still required a human to perform its work.
For thousands of years, currency was used in trade and currency represented labor that was done to earn the currency. You were trading the value of your work, for goods.
But starting with banking and later publicly traded stock, money has begun to shift away from representing labor and now simply represents value. Money now breeds more money without any labor input into the system. For the time being, labor still has value however. But with increased automation the value of that labor is going to go down, competing with more efficient machines that don't need rest, breaks, don't get paid by the hour, need no benefits or vacations, don't cost a payroll tax, don't cost a medicare tax, don't cost an obamacare tax, human workers just won't be able to compete and still maintain above a 3rd world standard of living.
That will eventually break the tie of money representing labor for good.
After that. the economy shifts.
Either there will be increased socialism, to keep currency moving around the economy and create demand (because if 40-50% of your labor force is unemployed, it's going to kill the current economy), or a move away from money if we reach a post scarcity society through this technology that has replaced much of human labor, or, in a true "libertarian paradise" fashion, only those who own businesses and machines have any value, those without can just go starve, leading to widespread riots, murders, revolutions, oppressive regimes, mass incarceration, and mass executions.
>mfw I will have job security until the end of time
>>71712157
no im not a loser like you
>>71732013
"money" will be meaningless if 50% of your population have no need for it. Because money is still tied to labour on a global scale, it's possible for financial fabricators to create more hypothetical 'wealth' -- it can still be compared to a base value and we (individuals and institutions) treat is the sacred calf it currently is.
In a post-industrial society, money would be presumably of lesser value. I don't think we'll be seeing nightmare Children of Men scenarios, at least not in more developed parts of the world (current shit-hole countries like for example Pakistan, Kenya, Mexico or Greece might).
>>71712157
I work in IT, so my job is pretty much secured in that case
>>71712157
>isn't already massively unemployed
you see, I'm ahead of the curve
It's not a matter of machines replacing humans that is the issue but how does society shift in such an event
The current money-obsessed society only thinks about the now and how they can save money now
Automation is inevitable but there needs to be something that replaces jobs in people's lives. Otherwise it will lead to mass unemployment in a vicious cycle of supply far outstripping demand
>>71712157
Artificial intelligence is the greatest fraud of the last 100 years. Not only does it not work after nearly $100B of private and public investment, we are decades away from even the most basic level of what people perceive to AI. It is more of the same: a top-down fear-mongering strategy to scare the working class into accepting lower wages, and a wealth - transfer scheme to funnel public money to jewish - owned corporations. When Elon Musk makes public statements about AI, he is doing nothing more than getting free publicity for himself and his companies. It's a fraud.
