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Automation to cause 40% unemployment by 2030 leading to a housing crash?
Topic Started: 22 Dec 2016, 12:32 PM (3,618 Views)
Jon Snow
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Mallard
24 Dec 2016, 07:56 PM
The surname 'Fuller' is common in Australia. The fullers used to trample sheep fleeces in their own piss. It was a job. Nobody does it now.

There are new jobs for old. If we still paid people to fuller wool there would have been no room for other jobs and clothes would cost more of our wage

The Luddites started this and they would have found this forum welcoming, at least as bears.

Progress is scary if you aren't part of the train.

Well yes, Luddite property bulls who don't want the world to move on from the feudal age are a terrible drag on the economy and society as a whole.

In the same way those who believe in a benevolent man living in the sky keeping a moral ledger on each of us are holding back social evolution, feudal peasants who want to become feudal lords of the land are holding back technological and economic progress.

Anyway, here is a relevant article from those Doomster Luddites at the New York Times.

http://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs-killer-is-not-china-its-automation.html?_r=1
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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Mallard
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Thread killer

Jon Snow
24 Dec 2016, 09:57 PM

Well yes, Luddite property bulls who don't want the world to move on from the feudal age are a terrible drag on the economy and society as a whole.

In the same way those who believe in a benevolent man living in the sky keeping a moral ledger on each of us are holding back social evolution, feudal peasants who want to become feudal lords of the land are holding back technological and economic progress.

Anyway, here is a relevant article from those Doomster Luddites at the New York Times.

http://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs-killer-is-not-china-its-automation.html?_r=1
If you want to see the worst in everything, you'll be a good bear here.

Stories in the paper fill the space between the ads.
Collecting desperation.
Ex-Bp Golly April 2 2015. "I see with a slight overshoot -70% [fall in Sydney house prices] as being well within possibility"
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Jon Snow
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Mallard
24 Dec 2016, 10:16 PM
If you want to see the worst in everything, you'll be a good bear here.

Stories in the paper fill the space between the ads.
Worst? Automation and robotics will bring an end to the parasitic class to which you belong. A great day for humanity indeed.

No need to fear the end of employment. It is just another system of slavery to throw off when we no longer have any use for it.

For slavers like you though, there will be a large adjustment.

Anyway, Seasons Greetings and a Happy New Year.
Edited by Jon Snow, 24 Dec 2016, 11:26 PM.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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herbie
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I'm torn - Become a robotics engineer 'n have a job for 15 yrs? Or a shrink; 'N have one for life ... :)
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Foxy
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Zero is coming...

Gigolo Herb,

Herb the cougar tamer..

Buy a ticket machine, tell the bitches to take a ticket, sit down and wait their turn...

Then take out the mutton gun, the wife will understand.


https://www.youtube.com/watch?v=nR7hI-Pa-FA

Herb, it is a mercy killing, take out the mutton gun and drill em...

The only medication i need is right here.


https://www.youtube.com/watch?v=7Jt92Z00_FA

The only treatment for yellow fever is more yellow beaver...

https://www.youtube.com/watch?v=1GcxQRXbo08&list=PLYmDb9ZMh8UAuYZ4png_OcCRRLc0e46XC
Edited by Foxy, 25 Dec 2016, 12:11 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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herbie
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Whilst such stuff will always contain a large element of personal preference I 'spose Musty (well, for anyone wif a few brains anyway hopefully?), I think I'd personally rather be a robotics engineer than a gigolo; 'N a gigolo rather than a shrink ... :)
Edited by herbie, 25 Dec 2016, 09:57 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Foxy
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Zero is coming...

herbie
25 Dec 2016, 09:29 PM
Whilst such stuff will always contain a large element of personal preference I 'spose Musty (well, for anyone wif a few brains anyway hopefully?), I think I'd personally rather be a robotics engineer than a gigolo; 'N a gigolo rather than a shrink ... :)
So Gigolo it is then.

Good luck Herb, and remember the customer always cums first...
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Trollie
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Jon Snow
24 Dec 2016, 07:42 PM
Trollie
24 Dec 2016, 02:08 PM
This is where your premise is wrong.

Even in the most blue collar shit shoveler jobs there's a surprising degree of skill. Robotics by definition are unskilled - Skill is defined as a professional knowledge and artistry at a task.
Well, thanks for sharing your ignorance on the current state of robotics.
Quote:
 
Robots have none of this, they are simply good at repeating a task, they have no concept of what they are doing or well it's being done.
Incorrect.
Quote:
 
Take concreting as an example. As blue collar as it gets. Looks like the perfect job for a robot, so why do we still have concreters? Because it's so dynamic you'd throw a million bucks at a robot that wouldn't do 50% of the job of a worker who you can pay $75k/pa. Workers also have the advantage of being sackable when they suck at a job. Sink capital into a robot which is no good, your money is gone so the risk is high
What about bricklaying?
http://fbr.com.au/

Faster and better than a human. In fact, faster and better than 5 humans.
Your link proves i'm spot on. It's only operating in a highly controlled environment, f*** it's not even putting down mortar!

FBR and similar firms are in a never ending state of searching for investors. I think I saw those guys around in 2012, and they still haven't commercialised it let alone built a house with it.

Looks like you're the ignorant one here.
Jon Snow
24 Dec 2016, 11:23 PM
Worst? Automation and robotics will bring an end to the parasitic class to which you belong. A great day for humanity indeed.
I love technology, it's made getting my rental payments easier than ever. Thanks John.
Edited by Trollie, 26 Dec 2016, 01:39 PM.
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herbie
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Me daddy woz a fuller all his life 'n he trained me up ta be a fuller so's I can carry on tha family vocation of fullerin' all me life?

'Spect things just don't quite always work that way no more? ...

Shute, it's even possible people wot wants ta remain employed/employable/advance 'emselves/not die of boredom doin' wot they've done for tha last 15 yrs for tha next 15 (or wotever) just might gets ta retrain occasionally throughout life perhaps? :)
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Bardon
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Has anyone ever noticed that despite the continous roll out of inventions and labour saving devices we are all still working as long as our parents and our grandparents. This is because at the end of the day the land takes up all the increased value that is created, it manifests in the form of increased land values. Which is why the value of land always stretches our buying power. That's why renters are always financially challenged and rarely achieve economic freedom as the odds are stacked up again them unlike landlords that somehow seem to fare better.

Its because of ever increasing land prices that we will always have a 40 hour week, unless our land ownership and credit creation systems change then this economic fundamental will not change either. David Ricardo's Theory of Economic Rent still holds true today ie that land values will always take up any economic profit and added value that is created regardless of its origin.

"Take now... some hard-headed business man, who has no theories, but knows how to make money. Say to him: "Here is a little village; in ten years it will be a great city—in ten years the railroad will have taken the place of the stage coach, the electric light of the candle; it will abound with all the machinery and improvements that so enormously multiply the effective power of labor. Will in ten years, interest be any higher?" He will tell you, "No!" "Will the wages of the common labor be any higher...?" He will tell you, "No the wages of common labor will not be any higher..." "What, then, will be higher?" "Rent, the value of land.

Go, get yourself a piece of ground, and hold possession."

Henry George
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