Chris
03-02-2015, 05:33 PM
Robots, rather put people out of work, will put people to work.
Why Robots Will Be The Biggest Job Creators In World History (http://www.forbes.com/sites/johntamny/2015/03/01/why-robots-will-be-the-biggest-job-creators-in-history/)
...abundant job creation is always and everywhere the happy result of technological advances that tautologically lead to job destruction.
Robots will ultimately be the biggest job creators simply because aggressive automation will free us up to do new work by virtue of it erasing toil that was once essential. Lest we forget, there was a time in American history when just about everyone worked whether they wanted to or not — on farms — just to survive. Thank goodness technology destroyed lots of agricultural work that freed Americans up to pursue a wide range of vocations off the farm.
With their evolution as labor inputs, robots bring the promise of new forms of work that will have us marveling at labor we wasted in the past, and that will make past job destroyers like wind, water, the cotton gin, the car, the internet and the computer seem small by comparison. All the previously mentioned advances made lots of work redundant, but far from forcing us into breadlines, the destruction of certain forms of work occurred alongside the creation of totally new ways to earn a living. Robots promise a beautiful multiple of the same.
To understand why, we need to first remember that what is saved on labor redounds to increased capital availability for new ideas. Jobs aren’t finite; rather they’re the result of investment. For every Google, Amazon or Apple Inc. there are tens of thousands of failed entrepreneurial attempts to be like one of the aforementioned giants (all three are major employers), but in order for entrepreneurs to make big experimental leaps, they must first have the capital to do so. The profit-enhancing efficiencies that robots personify (even to their most ardent critics) foretell a massive surge of investment that will gift us with all sorts of new companies and technological advances that promise the invention of new kinds of work previously unimagined.
There are quite simply no companies and no jobs without investment first, and the investors whose capital creates companies and jobs are attracted to profits. If they live up to their labor-saving billing, robots will generate massive profits that will lure even more investment into the companies and ideas of the future....
Why Robots Will Be The Biggest Job Creators In World History (http://www.forbes.com/sites/johntamny/2015/03/01/why-robots-will-be-the-biggest-job-creators-in-history/)
...abundant job creation is always and everywhere the happy result of technological advances that tautologically lead to job destruction.
Robots will ultimately be the biggest job creators simply because aggressive automation will free us up to do new work by virtue of it erasing toil that was once essential. Lest we forget, there was a time in American history when just about everyone worked whether they wanted to or not — on farms — just to survive. Thank goodness technology destroyed lots of agricultural work that freed Americans up to pursue a wide range of vocations off the farm.
With their evolution as labor inputs, robots bring the promise of new forms of work that will have us marveling at labor we wasted in the past, and that will make past job destroyers like wind, water, the cotton gin, the car, the internet and the computer seem small by comparison. All the previously mentioned advances made lots of work redundant, but far from forcing us into breadlines, the destruction of certain forms of work occurred alongside the creation of totally new ways to earn a living. Robots promise a beautiful multiple of the same.
To understand why, we need to first remember that what is saved on labor redounds to increased capital availability for new ideas. Jobs aren’t finite; rather they’re the result of investment. For every Google, Amazon or Apple Inc. there are tens of thousands of failed entrepreneurial attempts to be like one of the aforementioned giants (all three are major employers), but in order for entrepreneurs to make big experimental leaps, they must first have the capital to do so. The profit-enhancing efficiencies that robots personify (even to their most ardent critics) foretell a massive surge of investment that will gift us with all sorts of new companies and technological advances that promise the invention of new kinds of work previously unimagined.
There are quite simply no companies and no jobs without investment first, and the investors whose capital creates companies and jobs are attracted to profits. If they live up to their labor-saving billing, robots will generate massive profits that will lure even more investment into the companies and ideas of the future....