Elon Musk: Robots will take our jobs, government will have to pay your wage.
Industry 4.0 is here... will we be ready when its effects really take hold?
Industry 4.0 is here... will we be ready when its effects really take hold?
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When we have a basic minimum work requirement from people.
When we have a basic minimum work requirement from people.
Income shouldnt be a requirement for basic shelter, nutrition and transportation.
Dont know if a minimum income is the best way to achieve this though.
Jobs are gone and they aren't coming back. If a basic minimum income isn't the solution to Industry 4.0... what is?
if you want to earn a decent income you need to make yourself more valuable in the marketplace to command that income. you need to be educated in a professional field or trained in a technical field. basic education and basic skills will command basic wages. I have little sympathy for those who squandered their opportunities to better themselves and now make demands for things that they don't deserve.
It isn't the economic impact that concerns me, It's the world's population with nothing to occupy their time.
if you want to earn a decent income you need to make yourself more valuable in the marketplace to command that income. you need to be educated in a professional field or trained in a technical field. basic education and basic skills will command basic wages. I have little sympathy for those who squandered their opportunities to better themselves and now make demands for things that they don't deserve.
It isn't the economic impact that concerns me, It's the world's population with nothing to occupy their time.
I don't think it is that simple.
If tens of millions of people become idled by automation and artificial intelligence, it will mean taking identity away from those people and causing massive loss of self esteem. Some people will retreat into endless hours of television or drug/alcohol fueled orgies, or video games. Others will become depressed and wither away. Another group may pick up arms and cause trouble, because they have nothing to do and a grievance to resolve.
Any solution the worker's problem that arises from automation and AI will have to take into account the human factors as well as the economics. This is about much more than numbers.
Now I myself, will excel when everyday is Saturday!
If you go back and look at early hunter/gather societies, they spent most of their time sitting around and socializing with nothing to "occupy their time". Our modern industrial economy has people working many more hours.It isn't the economic impact that concerns me, It's the world's population with nothing to occupy their time.