People are finally awakening to the fact there may not be any future jobs due to robotics. Some good ideas, such as Bill Gate's suggestion to tax robots that take away human jobs, are welcome but most likely will fall flat due to the power of the wealthy individuals who will oppose this form of taxation. A somewhat futile and frenetic effort is now underway to predict which jobs for parents to steer children into for future careers. This, in my view, does not seem to have a promising long term outcome because of the rapidly changing influence of technological innovations over a prolonged period of time. Heartache will accompany a parent's guidance as the pool of jobs begins to evaporate.
From my prior post #2,
I recently read a TechCrunch article with the title, "Robots To Eat All The Jobs." I offer the link for your review: http://techcrunch.com/2015/11/09/basic-
... eateathon/ It is an interesting piece of journalism given the bleak and depressing subject matter of what to do with the masses once the Robots take our jobs. How do you provide financially for so many people let alone give them purpose and meaning in their lives? But the one thing missing from the discussion, the silent elephant in the room, was what do you do with that many slaves?
Parents and educators are staring into their crystal balls trying to guess what future educational opportunities will be best for getting the new round of premium jobs in an ever dwindling pool of opportunities. It is an attempt to define which jobs will be the last for algorithms to control. Yet given the long time frame to deliver a child from primary education to a finished product ready for the job market, and a continual shifting of trend lines as robotic technology redefines itself, this will become a smaller and smaller moving target with little long term predictive value.
How to robot-proof your children's careers
Experts say a rethink of education is needed to keep humans employed
Sarah O'Connor, Employment Correspondent April 6, 2016 https://www.ft.com/content/0c7906d6-be8 ... b8d15baec2
Pity school careers advisers. If economists are to be believed, vast numbers of jobs will have evaporated by the time today's pupils reach the labour market. Oxford university's Carl Benedikt Frey and Michael Osborne say almost half of the jobs in the US are at high risk from computerisation in the next two decades, together with two-thirds of those in India and three-quarters in China.
While workers worry about whether robots will take their jobs, teachers are wondering how to use education to insulate the next generation from such a fate. This has worked before. When the last wave of automation swept the developed world at the start of the 20th century, policymakers decided education was the answer. If machines were going to substitute for brawn, they reasoned, more people would need to use their brains.
The US invested heavily in education, with good results. Workers reaped the benefits through better jobs and higher wages. Economists Andrew McAfee and Erik Brynjolfsson summed it up like this: The industrial revolution started a race between technology and education and, for most of the 20th century, humans won that race.
But the next race will be against technology that replaces brains and brawn. Machine learning algorithms are already starting to supplant the likes of mergers and acquisition bankers and currency traders. Some experts argue we need to respond with another fundamental rethink of education.
The issue of robots really taking human jobs and the outcome of such actions are starting to come more into focus as the following article dictates new financial problems that will need to be addressed.
New Futurist Fear: Economic Singularity Could Kill Jobs Forever
Automated workplaces are no good if people don't have the incomes to support them.
Dan Robitzski, March 19th 2019 posting.php?mode=reply&f=26&t=16&p=140
If robots automate all of our jobs, what use will the goods and services they produce be without people who can afford them?
That's the big question posed by Electronic Engineering Journal's editor-in-chief, Kevin Morris, who defines the moment robots and artificial intelligence surpass humanity's abilities in the workforce as an "economic singularity" and suggested that it could lead to dire consequences for us humans.
In a new essay for EE Journal, Morris paints a picture of a world in which society has passed that singularity: robots and AI have taken all the jobs, and now they plug away, manufacturing goods that a world of unemployed humans can't afford to buy.
Morris suggests that the economic singularity is the natural endpoint of hypercompetitive, self-consuming capitalism, where large corporations are incentivized above all else to maximize profit. In other words, megacorps would realize that algorithms are cheaper than employees, leading to an insidious robotic revolution in which unconscious machines won't share humanity's competitive, world-dominating ambitions but will be prioritized over people.
As more businesses opt to automate their workforces, Morris predicts that we'll see two competing trends: increasingly cheap but high-quality goods manufactured by automated businesses and an increasingly impoverished population that can't afford them.
This brings us to the issue of a safety net to provide for all of those who have lost their jobs.
To keep people from getting left behind, many have suggested that the government ought to step in and provide for those who get laid off in favor of a robot or AI algorithm.
Otherwise, Morris envisions a world where corporations deem that having any human employees at all is bad for profits.
Something has to give, because if we follow all these trendlines, work itself will no longer have value, only ownership, Morris wrote. And, ironically, if only ownership has value, we will no longer need owners either. It will be interesting to watch.
One of the better ideas I like, at least as a transitional element, is the idea by Bill Gates that robots should pay taxes if they take away jobs.
The robot that takes your job should pay taxes, says Bill Gates
By Kevin J. DelaneyFebruary 17, 2017 https://qz.com/911968/bill-gates-the-ro ... pay-taxes/
Robots are taking human jobs. But Bill Gates believes that governments should tax companies use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment.
It's a striking position from the world's richest man and a self-described techno-optimist who co-founded Microsoft, one of the leading players in artificial-intelligence technology.
In a recent interview with Quartz, Gates said that a robot tax could finance jobs taking care of elderly people or working with kids in schools, for which needs are unmet and to which humans are particularly well suited. He argues that governments must oversee such programs rather than relying on businesses, in order to redirect the jobs to help people with lower incomes. The idea is not totally theoretical: EU lawmakers considered a proposal to tax robot owners to pay for training for workers who lose their jobs, though on Feb. 16 the legislators ultimately rejected it.
You ought to be willing to raise the tax level and even slow down the speed of automation, Gates argues. That's because the technology and business cases for replacing humans in a wide range of jobs are arriving simultaneously, and it's important to be able to manage that displacement. You cross the threshold of job replacement of certain activities all sort of at once, Gates says, citing warehouse work and driving as some of the job categories that in the next 20 years will have robots doing them.
Although a good temporary idea, is it practical? We all know how much the wealthy like to pay taxes. I suspect they would rather put an appendage into a meat grinder before they do this. We also know how much they like the role of big government and its regulatory agencies interfering with their businesses. Ditto the loss of another appendage before they will consider such an option.
Like other safety net measures, the crumbs left for the masses will be meager at best. In fact, the narrative will be shaped to indicate the wondrous and care giving role big business will have in providing for us all. Like the Jews of World War II who were sent in rail cars to a new location where they were told they would have a better life, our fate will be not much better. Unless we act now to counter their smothering grip upon the face of society for their own selfish goals, the outcome looks more like a world of algorithms than humans.