by Sixstrings » Tue 02 Aug 2011, 04:18:47
$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('', 'W')HY am I going to want to work hard enough to provide the goods and services for the remaining 95% of the population?
You won't really be working harder than anyone else.
You'll probably be programming or designing robots, or maybe working in front of a control panel in a factory. You might not even be working full-time. It's just that you'll be making more money (per hour) than anyone else. Some people will simply choose to do this for a living because they either want the big paycheck, or they simply like doing it. Others will choose to do something else. Same as it is now.
OIlfinder, you usually don't get into speculative talk but I see that when you do you're even more wrong than usual.
What a myth you're perpetuating. Take the auto manufacturers.. robots and automation have resulted in fewer jobs.
And pay cuts for those jobs that remain.
The biggest fallacy you're pushing is the "everyone can be an iphone app designer" or "everyone can just be a robot engineer" myth.

What you don't realize is that the software programmer essentially works to serve a customer base of millions if not billions. The world will never, ever, need billions of programmers and robot engineers. Far fewer are required to handle those jobs,
the whole point of these technologies is to remove human resources cost in the first place, ergo they do not result in more jobs.
It's not like each software program is written from scratch per customer copy -- one guy does his work, gets paid, then that software can be sold and resold to millions or billions without ever paying another programmer again.
This is why companies like Google, Facebook, and all the web businesses hardly employ anyone. I think like 2,000 total employees for Facebook, a company on the verge of a $100 billion IPO. In the new economy, you only need a handful of employees to serve billions of customers.
Maybe everyone can be artists.. but honestly, how much art do you own Oilfinder? I doubt you have hundreds of pieces of artwork around the house providing jobs for local artists. Even if you do, once your house is full you have to stop buying. Also you probably listen to mainstream music that any of us would recognize, you probably watch the same movies and TV we do.. all that is mass media, that means very few people producing art for millions and billions of people.
The jobs crisis is all about extreme levels of efficiency. We don't need a theater company and vaudeville in every town, we have TV. We don't need millions of factory workers, we have Chinese for that -- and now robots, no humans at all. Efficiency everywhere.. software voice recognition has eliminated phone customer service jobs. ATM eliminate bank tellers. Netflix put the video stores out of business. Even simple efficiencies like how Walmart has the cashier also bag the groceries so voila no bag boy jobs. Before people started stealing too much, my local Walmart got rid of all cashiers in favor of self-checkout.
My argument here is the luddite argument, and it has been wrong in the past, but I think things have changed -- we've now reached the upper levels of efficiency to where jobs are no longer created by even more efficiency.