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Experts Believe Almost A Third Of Global Workforce Will Be Replaced By Robots By 2030
Posted on 10/15/18 at 4:56 pm
Posted on 10/15/18 at 4:56 pm
quote:
Had you popped into the equity trading floor at Goldman Sachs’ New York headquarters in 2000, you would have walked into a bloodbath of the senses: 500 men and women projectile swearing, phones blaring, the dizzying aroma of adrenaline oozing from every human orifice. These days you might just make out the lifeless whir of 200 high-speed servers over the ticking clock. Because those 500 people have been whittled down to three. The other 497 have been usurped by complex algorithms.
These were not working stiffs: cleaners, receptionists, or other service-industry hirelings already humbled by computers. They were university graduates with hard-fought degrees in subjects like business, finance, or economics. Trouble was, for all their brainpower, passion, and pedigree, algorithms just did the job better. They aren’t the only victims. The computers, now, have caught the scent of blood.
“A lot of people assume automation is only going to affect blue-collar people, and that so long as you go to university you will be immune to that,” says Martin Ford, the author of Rise of the Robots: Technology and the Threat of a Jobless Future. “But that’s not true, there will be a much broader impact.”
quote:
This raises the question: As we grope toward the brave new automated world, is a university degree in, say, economics, philosophy, English, or anything else that isn’t to do with fixing cobots (collaborative robots) or writing algorithms, worth the PDF file it was exported on? Or is it, practically speaking, no more use than a degree in unicorn dreams and fairy farts? And if so, what are universities doing about it?
“Most universities are simply not doing enough to prepare students for the automated workforce,” says Nancy W. Gleason, PhD, the director of the Centre for Teaching and Learning at Singapore’s Yale-NUS College and the author of Higher Education in the Era of the Fourth Industrial Revolution. “We need to teach students to be cognitively flexible, to have the skills and confidence to try different jobs throughout their lives. In the gig economy, you’re not going to have seven employers, you’re going to have seven careers. People might say, ‘Oh my degree in history didn’t do me any good.’ Well, guess what, neither will a degree in radiology, dentistry, or law.”
You can read the rest here. It is too long to post all of it.
LINK
Posted on 10/15/18 at 4:59 pm to OweO
Too soon, but I'll be retired, so it's ok with me.
Posted on 10/15/18 at 4:59 pm to OweO
Won't that just make things cheaper to buy?
Posted on 10/15/18 at 4:59 pm to OweO
shite's fricked up. They're even getting drunk like us. The one thing we still had.
Posted on 10/15/18 at 5:00 pm to OweO
They been claiming this shite since atleast the mid-80s
Posted on 10/15/18 at 5:00 pm to OweO
So where would anyone work and also, if no one can work, how does the economy survive?
Posted on 10/15/18 at 5:00 pm to OweO
Does this mean you’re getting a Hover-round?
Posted on 10/15/18 at 5:01 pm to OweO
Yes, yes we have this thread at least once every 3-4 months. Automation, we got it
Posted on 10/15/18 at 5:02 pm to OweO
What do we do with all the extra people with no jobs?
Posted on 10/15/18 at 5:05 pm to OweO
I could see this in 50 years but not 12.
Posted on 10/15/18 at 5:06 pm to BRgetthenet
quote:
So where would anyone work and also, if no one can work, how does the economy survive?
Glass half full: Goods and services become so cheap and plentiful as to be free or nearly free. People have the wherewithal to do whatever they want. Paint pictures, spend quality time with the family, frequent the ubiquitous robot brothels. Benevolent robots take care of everything. This would present its own set of problems, as humans, for the first time in their existence, would no longer have to struglle for survivial. People being people, many or most would become slothful layabouts.
Glass half empty: The robots will see us as a nuisance and let us starve or proactively wipe us out.
Posted on 10/15/18 at 5:07 pm to chryso
Oweo will be back any minute now to suggest that we should start phasing in a UBI for all citizens
Posted on 10/15/18 at 5:07 pm to OweO
Truth
You young ones will have to fight for human rights. The wto will crush your balls if you dont.
Union
You young ones will have to fight for human rights. The wto will crush your balls if you dont.
Union
Posted on 10/15/18 at 5:08 pm to OweO
How long before they automate the Popeye's drive thru?
Posted on 10/15/18 at 5:09 pm to castorinho
They even get drunk cheaper and better.
Posted on 10/15/18 at 5:10 pm to kywildcatfanone
What a wonderful outlook you have.
Posted on 10/15/18 at 5:10 pm to Jim Rockford
quote:
People being people, many or most would become slothful layabouts.
Glass half empty: The robots will see us as a nuisance and let us starve or proactively wipe us out.
This is how the rise of robotics will ultimately end. Luckily, stupid and low bred humans will die first. Us good looking folks may get to stick around as the robots pets.
Posted on 10/15/18 at 5:11 pm to OweO
Not a chance. You can’t get this kind of customer service from a robot.
Posted on 10/15/18 at 5:12 pm to chryso
People look at this all wrong. If you look at the amount of automation now compared to the turn of the century, or even just 20 years ago, there isn’t an equal amount of rising unemployment. In fact, we’re current at record low unemployment and high for individuals in the labor force (thanks, Trump!).
Automation allows individuals to be productive in some other facet of their life with their time. It’s a good thing, and universal basic income will never be necessary for this reason.
Automation allows individuals to be productive in some other facet of their life with their time. It’s a good thing, and universal basic income will never be necessary for this reason.
Posted on 10/15/18 at 5:15 pm to castorinho
It’s probably possible but it won’t happen. Can’t have that many people out of jobs
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