Ogie Oglethorpe wrote:
WaitingforRuffcorn wrote:
Ogie Oglethorpe wrote:
WaitingforRuffcorn wrote:
Ogie Oglethorpe wrote:
For me it's decreasing government regulation of the free market. I'm very much in the Friedman, Hayek, Mises, and Rothbard camp
That type of thinking is going to be dead soon.
https://news.fastcompany.com/elon-musk- ... on-4030576This gets said about every technological leap and the end result is that while some jobs get eliminated, new ones pop up to support the new technology.
Computers are already better than humans at many things, and given the rate of improvement it's not out of the question that we will have human level intelligence in the next few decades. When that hits, better than human level will happen rapidly. That's when it's really game over.
Self-driving cars will be enough to create Great Depression levels of unemployment. That disruption has already started, and by the time we vote for the next president we will already be in the first waves. People also tend to forget all of industries that will be affected by this disruption. No drivers mean no insurance for drivers. No need for all of the gas station marts, motels, or fast food places along the Interstate that cater to truckers.
In the long run there are some incredible possibilities, but the transition is likely going to be painful.
What people forget is that each leap of technology frees up people to move to other areas. A century ago, large portions of the population were required for agriculture. When technology eliminated those jobs, the end result wasn't depression, it was new industries popping up as more labor was available.
Right now we are talking about industries that will die, but what we do not see is the industries that will be born. No one in the 1950s could have foreseen the software industry for example. What industries will exist in 20-30 years that we in 2017 cannot even foresee?
Farm labor was millions of people, how many are in the software industry? It's going to be far fewer, but past that example. DO you think all of these disrupted truck drivers will be able to be trained to work in software or some other technology? As they are being trained there will be computers creating the next wave of disruptions. And this is just the simple, understandable part.
The only possible argument you could make is that you do not believe we will ever achieve human level intelligence in a machine, because if we do they will be able to do the work of an employee 24/7 without rest, vacation or sick time.
I had a meeting with a guy who does sales at IBM. They have a Watson marketing suite which is basically automating most of the marketing team with real time responses on social media. Labor is in some serious trouble.
_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?The Missing Link wrote:
For instance they were never taught that Columbus was a slave owner.