Post
Topic
Board Economics
Re: Technological unemployment is (almost) here
by
anu
on 27/03/2014, 20:42:58 UTC
Have you read anything in this debate? There are Engineers, Lawyers; people that have professional degrees that cannot find work (myself included) because automation are reducing even the numbers of professionals needed for projects. This isn't something that just affects manual labour jobs (however it does definitely affect them more than high tech jobs), but everyone that actually relies on income to survive.

Is the market for your services saturated? You are an engineer, you say? Where are the interplanetary ships? Where are the launch facilities like this:
http://en.wikipedia.org/wiki/Launch_loop
Why are you not working on 3-D Printers or super efficient cars or at least better compound bows? Is there no demand? I'll pay BTC 10 for a 100lbs 400 fps compound bow. Don't tell me nobody else is interested in carbon whiskers!

Tech unemployment means that machines plus a minority of human workers can saturate any conceivable market. This is not the situation we presently find. It is really ridiculous that one has to explain that on a Bitcoin forum: The present problem is the fiat money system. I suggest you read E.G. Griffin's book:
http://www.pdf-archive.com/2011/12/28/creature-from-jekyll-island-by-g-edward-griffin/creature-from-jekyll-island-by-g-edward-griffin.pdf
which pretty much explains the true nature of the FED, why it was introduced in 1913 for who's benefit.