Post
Topic
Board Economics
Re: Technological unemployment is (almost) here
by
Rassah
on 06/12/2013, 14:49:51 UTC

Are you a blacksmith, a barber, a merchant, or a farmer? No? Then which woodwork your new job came out of?

Automation is done through computers , which is relatively new mainstream invention, you can't compare algorithms with tractor that was used to mechanize agriculture .....

Tractors replaced a group of farmers with one tractor driver. Computers will replace a group of tractor drivers with one computer operator. It's not THAT different. Really, the biggest difference is that we can now have "tractors" that have way more dexterity and skill to be able to perform more complex tasks, and we call them "robots." This new mainstream thing has been happening for decades now.

Quote
The new jobs will not magically come out via almighty market hands. It is really pathetic and faith based to think that.

This is your claim. I don't have to have faith in, or believe, in anything, since it's on you to prove that new jobs will not come out, despite them doing so for centuries to date.