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re: Is there an industry that will still be profitable in 100 years?

Posted on 11/17/17 at 7:06 am to
Posted by Martini
Near Athens
Member since Mar 2005
48859 posts
Posted on 11/17/17 at 7:06 am to
quote:

Is there an industry that will still be profitable in 100 years?
With all of the technological advances? Robots at McDonald’s...AI for engineering purposes...maybe we will all just be sitting on our asses?




If I could hire robots that could get a twic card my profit margin would go up tremendously and I wouldn't have to worry about letting Traneakia "hold 20" until Friday.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22185 posts
Posted on 11/17/17 at 7:09 am to
Tech and engineering. Always gonna build stuff.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68347 posts
Posted on 11/17/17 at 7:13 am to
quote:

will all just be sitting on our asses?



Like 40% of america today already does?
Posted by Errerrerrwere
Member since Aug 2015
38300 posts
Posted on 11/17/17 at 7:15 am to
Keep hearing a lot of about Engineering. Would artificial intelligence programs assist with this?
Posted by The Mick
Member since Oct 2010
43182 posts
Posted on 11/17/17 at 7:16 am to
St Pauls eh?
Posted by doublecutter
Hear & Their
Member since Oct 2003
6592 posts
Posted on 11/17/17 at 7:16 am to
quote:

St John the Baptist de la Salle... 



You must have a Christian Brothers education.
Posted by Errerrerrwere
Member since Aug 2015
38300 posts
Posted on 11/17/17 at 7:17 am to
You guys aren’t too keen.
This post was edited on 11/17/17 at 7:17 am
Posted by hogminer
Bella Vista, AR.
Member since Apr 2010
9649 posts
Posted on 11/17/17 at 7:21 am to
Funeral home.
Posted by Tortious
ATX
Member since Nov 2010
5141 posts
Posted on 11/17/17 at 7:25 am to
quote:

They'll still be teachers moaning with students


FIFY
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
66188 posts
Posted on 11/17/17 at 7:58 am to
prostitution
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37137 posts
Posted on 11/17/17 at 8:19 am to
In your doomsday scenario, it seems that the electronic manufacturing and service industries would be booming.

Maintenance, repair, service contracts, legal, supply chain, delivery services, software engineering, battery and utilities, the list goes on and on. And that's your worst case.
Posted by Arkapigdiesel
Arkansas
Member since Jun 2009
13296 posts
Posted on 11/17/17 at 8:25 am to
quote:

Paternity testing in Arkansas.

Supercomputers can’t handle the potential possibilities.

You have a really odd fascination with Arkansas. Did someone from Arkansas frick your wife/gf and you can't let it go? Seriously, your obsession with our state is truly disturbing.
Posted by Hankg
Member since Feb 2011
631 posts
Posted on 11/17/17 at 8:29 am to
Oil and gas / chemical plants
Posted by TigerinATL
Member since Feb 2005
61558 posts
Posted on 11/17/17 at 8:34 am to
quote:

Is there an industry that will still be profitable in 100 years?


The next 20-50 years are going to both be rough and magical. So many of us are going to be displaced by technology in such a short span of time that it may take a generation or 2 to figure out how to work with our robot overlords in the new economy. However, the notion that industries won't be profitable is wrong. The economic output will be higher than ever and innovation will continue faster than ever, it just will no longer require nearly as much human labor as an input. Companies will be wildly profitable and so will owning stock.

What won't be very profitable is being a human. I just don't see how we can avoid some sort of Universal Basic Income and serious wealth redistribution until we figure out where humans fit in the new economy. Like I said, that could actually take a generation or 2 because the answer to how we fit might be by merging with the tech and the older people will be against that just like my parents don't like using an ATM.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17147 posts
Posted on 11/17/17 at 8:55 am to
quote:

The next 20-50 years are going to both be rough and magical. So many of us are going to be displaced by technology in such a short span of time that it may take a generation or 2 to figure out how to work with our robot overlords in the new economy. However, the notion that industries won't be profitable is wrong. The economic output will be higher than ever and innovation will continue faster than ever, it just will no longer require nearly as much human labor as an input. Companies will be wildly profitable and so will owning stock.

What won't be very profitable is being a human. I just don't see how we can avoid some sort of Universal Basic Income and serious wealth redistribution until we figure out where humans fit in the new economy. Like I said, that could actually take a generation or 2 because the answer to how we fit might be by merging with the tech and the older people will be against that just like my parents don't like using an ATM.


Human beings have adapted to numerous global shifts in terms of technology and economic systems. While it may be terrifying I am sure the coming "Age of Automation" will disrupt but not destroy our common existence.

Posted by TigerinATL
Member since Feb 2005
61558 posts
Posted on 11/17/17 at 9:19 am to
quote:

Human beings have adapted to numerous global shifts in terms of technology and economic systems


I agree that long term people will adapt, I just think this will be more disruptive than anything we've ever experienced and large segments of the population may not get up off the mat after the robots knock them down.

The industrial revolution might come close to being as disruptive, but there wasn't much of a social safety net back then so there was a lot more motivation to figure out a new place in the new economy. When we see 20-40% of the work force become unemployed in the span of a decade I don't think today's population will have the same drive to adapt. They'll be looking for the nanny state to make it better because that's the road we've gone down.
Posted by Lou
Modesto, CA
Member since Aug 2005
8289 posts
Posted on 11/17/17 at 9:22 am to
food, toilet paper, booze, weed
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