Massive Unemployment Incoming

Wild self

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I gotta ask. Why do some of you say shyt like this when it's clearly not the case? On top of that, the replacement of unskilled labor jobs STILL thrusts millions into unemployment.

The only way the American Western economy as you know it has been able to flourish is BECAUSE of "unskilled labor". What do you think happens when cashiers, burger flippers and fry cooks have been replaced by automation? There are people - young and old, black and white - who rely on those jobs to (barely) sustain themselves. What exactly do you think happens when tens of millions of them are out of work? You think the low IQ busboy at Denny's is somehow capable of going into engineering?

And what happens when the market gets flooded with "skilled" workers who possess the necessary degrees? Imagine there are 1M jobs in a particular sector yet there are 10,000,000 candidates all vying for a slot. What then? They can't all be employed so what happens to them?

I noticed you mentioned learning trades as a solution meanwhile half the trades you listed are on their way to being replaced within our lifetimes.

The medical field is often the first to glom on to new tech so sonographers and lab techs will largely be out of jobs. Automated trucks are already a thing and will become even more so over the next few decades. Plumbing remains one of the most unskilled, "skilled" labor jobs out there and it's hardly irreplaceable thanks to robotics and a lot of welding can also be done by trained robots if given the time (which isn't much).

Everything you've said here speaks to you either being an upper middle class cac or an out of touch negro. Neither of which puts you in a position to speak on these things with any authority.

People are out of touch and inhumane. They have no concept of humanity or dignity for their fellow man.
 
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This isn't the begining or the very beginning of anything and again technology expanding creates more human jobs and the ability for people to move into other areas to work where they can be more efficient or maybe in which effieciency isn't even the primary objective, and maybe an enlarging of artisan industries.

It doesn't make financial sense to switch to automation, if the cost to do so doesn't outweight the benefit of staying the same and either increasing human capital (hiring more workers). Again its not about cost benefit all the time with these decisions.

Obviously you are fearful of technology if you claim we have to think about other people who aren't leading the development or investing in the new technology.
Fact is technology and the development of technology owes nothing to anyone except the one pursuing it, and as a worker and a person, we adapt, we have an history of adapting and to think it won't happen is to show a complete ignorance of human history when blessed with the benefits of new technology.

We're seeing machines that are able to compete with human intelligence, which I'd argue is new. Historically, technology expanding has created more human jobs, but this isn't necessarily the case now.

Point is..if machines produce more, then you have more product to sell so in total you can make more money if there's a market for your product.The World Bank and I agree that two thirds of jobs in the third-world may disappear due to automation, but you're of course free to disagree: Request Rejected

I'm not fearful of new technology, I'm addressing issues related to AI and automation. I'm happy to discuss positive aspects of new technology, but that's not what the thread is about.

I'm not saying coal mines are the way to go forward, but I do think it's naive to simply tell coal miners to "do better". I actually think that type of rhetoric could lead to social and political unrest, as they might not understand the situation they're in.
 
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No moving to other jobs isn't only possible in certain partso f the world, that is a lie. Unless you are talking about totalitarian nations where the government forces people to work specific jobs or kills/jails them. In that case the issue isn't jobs, its the totalitarian government in power.

Youth unemployment in Spain, Greece, Portugal says otherwise. Structural unemployment in France says otherwise. The employment crisis in Canada says otherwise. There are too many people available for too few jobs. In those circumstances the least established are losing out - i.e. youth.

So NO. It is not even arguable that 'other replacement jobs are created' all over the 'civilized/advanced' world.

I am clearly talking about automation and that includes full automation and partial. So if you didn't know that now you do.

So under full automation what would humans do?

Outsourcing costs low skilled jobs, but as shown to come with job increases domestically and increase in wealth and lower cost of living and higher standard of living in the west.

As this video points out this is NOT true in the West. Replacement jobs are not being created and it doesn't only costs low skilled jobs. Not sure where you got that from. India, Bulgaria, Ukraine, Romania and others attract high value skilled positions.

Yes immigration does create downward pressure, why? Increase of supply with demand holding or dropping will see a lower pricing of the labor in question. This isn't unknown. Immigration and outsourcing don't have negative effects.

Downward pressure on wages is negative. (Not to mention social costs but that is not the topic here). Outsourcing without replacement jobs is negative. See numbers in previous video as an example. Isn't the removal of worker pricing power negative?

Xenophobia and lack of economic education is the real issue, not immigration or outsourcing. We've seen immigration waves provide huge economic booms to the economy of the US historically and the same with outsourcing in the 80s. Seen the same fear of foreigners arrise during this time, enough to know what the real issue is.

Not quite. Pricing power of American workers started declining around the 1970's. This has been supplemented by two worker households and credit but guess what. Mom+Pop wages earning is a one shot effect and the credit binge has reached its limits.

Already been addressed. industrialization has been experienced over the whole world and created more economic opportunities and advancement for all. Jobs are being created in the Western world, to say they aren't is a lie.Post your abstract evidence of there being a mathmatical forumula for jobs not being created when the very effects of automatization requires the creation of jobs.

Mathematical formula? Mathematical proofs are not always in the form of a formula. They can be in the form of logical argument.

Proof by contradiction: (google)

You suggest that if we outsource 1 million jobs tomorrow, thereby removing 1 million jobs from the locals 1 million equivalent (or better) jobs will be created locally to offset the lost jobs. If that is the case then why is there any unemployment at all?

If the relationship that you suggest holds then each country could outsource their jobs to other countries until the other countries have zero (effective) unemployment and then the opposite could be done in reverse to eliminate unemployment (i.e. a living wage NOT simply 'something to do') everywhere.

Even if we argue that politics gets in the way why can this not be done internally (yes internally) or between allies.

ERGO: the relationship does not hold.

What you are going to say is that there is a significant time delay.. well that's a major negative as that increases unemployment and downward pressure on wages.

I am presuming in all of this that you know what the principle aim of a corporation is.. so I am not going to spell it out
 
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A video that traffics in luddite fears isn't proof or evidence of anything.


Further so I have to explain the effect of aggregation to you? it's illustrated in the video - fewer people doing more in extremis is a negative unless the produced goods and services are shared with those that do not contribute to their creation. That's almost self-evident. If you are not essential to the production pipeline you have less pricing power and less pricing power in capitalism means lower income.

As for luddite? I did my post-grad at the #3 technical school globally and my undergrad at a top 5 school in my country - both Ivy League level schools. It's not even my point of specialization but I would wager that I know more about automation (technology) than you.

In the 'full' automation scenario creation of a strong-AI singularity would defacto shift pricing power away from humans.
 

David_TheMan

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Youth unemployment in Spain, Greece, Portugal says otherwise. Structural unemployment in France says otherwise. The employment crisis in Canada says otherwise. There are too many people available for too few jobs. In those circumstances the least established are losing out - i.e. youth.

So NO. It is only even arguable that 'other replacement jobs are created' all over the 'civilized/advanced' world.
Is the youth employment issue due to technology ? No
The Mystery of Spain’s Perpetual Jobs Problem in spain its cultural and regulation related.
France's ridiculously old-fashioned labour market is killing its economy regulation cause in France
Canada's Unemployment Rate Drops to Lowest in Four Decades Canada has an unemployment rate drop and a job boom so your statement is factually incorrect.

That said I'm interested to know where you are pulling your statements from, post evidence or sourcing. Until then your contention is unsupported.

So under full automation what would humans do?
Full automation in what industry? If you think there will be a day when humans don't work at all, I think you don't know what full automation entails economically, because that isn't what it means. As I said before people have to program and create the AIs that you think will take over and they have to maintain them and set parameters..

As this video points out this is NOT true in the West. Replacement jobs are not being created and it doesn't only costs low skilled jobs. Not sure where you got that from. India, Bulgaria, Ukraine, Romania and others attract high value skilled positions.
Your video would be wrong.
Outsourcing is good for the U.S. economy
Numerous studies have indicated that outsourcing has had a minimal effect on job losses and, in the aggregate, may have actually added jobs. How can that be?

The reason a company chooses to manufacture a product outside of the U.S. is very clear: The company finds it is less costly, even considering the logistical costs of shipping raw materials and the finished goods. The cost savings are often significant. This allows the company to sell the products at much lower prices, so more Americans can consume them. And, of course, it increases profit.

That cost-reduction and profit improvement often results in an increase in employment. Consider, for instance, Delta Airlines in 2003. Delta moved 1,000 jobs to India. By doing so, it was able to reduce costs by $25 million. It used the money to fund 1,200 new reservation and sales positions in the United States, resulting in a net job gain.

Downward pressure on wages is negative. (Not to mention social costs but that is not the topic here). Outsourcing without replacement jobs is negative. See numbers in previous video as an example. Isn't the removal of worker pricing power negative?

No downward pressure on wages isn't a negative, because wage is just another name for price, we wouldn't say downward pressure on prices is negative to the consumer, so same with wage. Outsourcing isn't a negative as studies have shown, so you are simply harping on a debunked xenophobic nativist slogan.

Not quite. Pricing power of American workers started declining around the 1970's. This has been supplemented by two worker households and credit but guess what. Mom+Pop wages earning is a one shot effect and the credit binge has reached its limits.
You would be incorrect.
1) Buying power of the US dollar started to fall in the 1920s with the creation of the Federal Reserve and their monetary policy of inflation to finance government expenditures. This has nothing to do with technology or the job market.
2) This is where you whole argument is destroyed, thanks to automation, outsourcing, and efficiency in means of production with processes (think Lean or Six Sigma) the dropping of price of goods has been able to trump the inflation and lowering power of the money supply. Leaving inhibitants of the west with the ability to work less hours, earn more money, and have a higher standard of living in each decade more than the previous.

A look at the hours dropping from 1870 to 2000
workhours.JPG



Mathematical formula? Mathematical proofs are not always in the form of a formula. They can be in the form of logical argument.

If your argument is a logical argument state it, if its mathmatical it would be in the form of a proof.


Proof by contradiction: (google)

You suggest that if we outsource 1 million jobs tomorrow, thereby removing 1 million jobs from the locals 1 million equivalent (or better) jobs will be created locally to offset the lost jobs.
I don't suggest it, its been proven in reality, read link above for just one example, or look at US economic explosion in its industrialization waves such as move from agriculture to manufacturing, and the optimization in manufacturing waves that occured of the history.

If that is the case then why is there any unemployment at all?
Easy unemployment doesn't occur simply because of technological innovation and outsourcing.

If the relationship that you suggest holds then each country could outsource their jobs to other countries until the other countries have zero (effective) unemployment and then the opposite could be done in reverse to eliminate unemployment (i.e. a living wage NOT simply 'something to do') everywhere.

Wrong because again, unemployment isn't solely caused by technology and outsourcing.

Even if we argue that politics gets in the way why can this not be done internally (yes internally) or between allies.

Why can what not be done internally? This question makes no sense logically. And again there is more to unemployment than technology and outsourcing.
You have political policies/regulation that force people out the market, you have individuals who make poor decisions or are unlucky in making investments in education, you have mental illness in some people that make them unemployable, you have mismatch of skills with physical ability and vice versa, and cultural beliefs than can contribute to unemployment. These are just a few examples.

ERGO: the relationship does not hold.
Your argument was built off an incorrect premise and with questionable assumptions as I've previously noted in this post.

What you are going to say is that there is a significant time delay.. well that's a major negative as that increases unemployment and downward pressure on wages.
I haven't said that.

I am presuming in all of this that you know what the principle aim of a corporation is.. so I am not going to spell it out
YEs the principle aim of a corporation is to generate a profit for the owners.

Your post was again filled with a lot of statements with no support, and poor logic applied to faulty premises built on strawmen.[/quote][/quote]
 

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Is the youth employment issue due to technology ? No
The Mystery of Spain’s Perpetual Jobs Problem in spain its cultural and regulation related.
France's ridiculously old-fashioned labour market is killing its economy regulation cause in France
Canada's Unemployment Rate Drops to Lowest in Four Decades Canada has an unemployment rate drop and a job boom so your statement is factually incorrect.

That said I'm interested to know where you are pulling your statements from, post evidence or sourcing. Until then your contention is unsupported.


Full automation in what industry? If you think there will be a day when humans don't work at all, I think you don't know what full automation entails economically, because that isn't what it means. As I said before people have to program and create the AIs that you think will take over and they have to maintain them and set parameters..


Your video would be wrong.
Outsourcing is good for the U.S. economy




No downward pressure on wages isn't a negative, because wage is just another name for price, we wouldn't say downward pressure on prices is negative to the consumer, so same with wage. Outsourcing isn't a negative as studies have shown, so you are simply harping on a debunked xenophobic nativist slogan.


You would be incorrect.
1) Buying power of the US dollar started to fall in the 1920s with the creation of the Federal Reserve and their monetary policy of inflation to finance government expenditures. This has nothing to do with technology or the job market.
2) This is where you whole argument is destroyed, thanks to automation, outsourcing, and efficiency in means of production with processes (think Lean or Six Sigma) the dropping of price of goods has been able to trump the inflation and lowering power of the money supply. Leaving inhibitants of the west with the ability to work less hours, earn more money, and have a higher standard of living in each decade more than the previous.

A look at the hours dropping from 1870 to 2000
workhours.JPG





If your argument is a logical argument state it, if its mathmatical it would be in the form of a proof.



I don't suggest it, its been proven in reality, read link above for just one example, or look at US economic explosion in its industrialization waves such as move from agriculture to manufacturing, and the optimization in manufacturing waves that occured of the history.


Easy unemployment doesn't occur simply because of technological innovation and outsourcing.



Wrong because again, unemployment isn't solely caused by technology and outsourcing.



Why can what not be done internally? This question makes no sense logically. And again there is more to unemployment than technology and outsourcing.
You have political policies/regulation that force people out the market, you have individuals who make poor decisions or are unlucky in making investments in education, you have mental illness in some people that make them unemployable, you have mismatch of skills with physical ability and vice versa, and cultural beliefs than can contribute to unemployment. These are just a few examples.


Your argument was built off an incorrect premise and with questionable assumptions as I've previously noted in this post.


I haven't said that.


YEs the principle aim of a corporation is to generate a profit for the owners.

Your post was again filled with a lot of statements with no support, and poor logic applied to faulty premises built on strawmen.
[/quote][/QUOTE]

I see...

Let''s start with one thing at a time:

Why can't outsourcing be used to combat unemployment? (using the method that I stated above which is a direct implication of what you have posted)

A concise comprehensive statement would be appreciated.
 

David_TheMan

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Further so I have to explain the effect of aggregation to you? it's illustrated in the video - fewer people doing more in extremis is a negative unless the produced goods and services are shared with those that do not contribute to their creation. That's almost self-evident. If you are not essential to the production pipeline you have less pricing power and less pricing power in capitalism means lower income.

As for luddite? I did my post-grad at the #3 technical school globally and my undergrad at a top 5 school in my country - both Ivy League level schools. It's not even my point of specialization but I would wager that I know more about automation (technology) than you.

In the 'full' automation scenario creation of a strong-AI singularity would defacto shift pricing power away from humans.
Fewer people doing more has never been proven in reality to be a negative in society. That is what the whole industrialization age proved. So again your premises if demonstrably incorrect.

Yes I know and most know that lower value/skilled workers are less essential, therefor they command lower wages, and have less income than those with a skill in demand. You aren't stating anything new.

Yes luddite, there are plenty neo-luddites who work in the tech field. Doesn't mean you are uneducated, just that you hold a outdated proven wrong mindset with regard to the dangers of technological advancement on job creation.

Who creates the AI? who manages the algorithms that it uses to make decisions? Who makes the program that makes the program that allows the AI to refine ? LOL.
As for shifting pay, so what if it drops pay, the money saved by the corporation in implementing it will drop the price of the good being provided while granting them the ability to maintain their profit margins.

Like I said the needless panic you are doing is all old hat.
 

David_TheMan

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I see...

Let''s start with one thing at a time:

Why can't outsourcing be used to combat unemployment? (using the method that I stated above which is a direct implication of what you have posted)

A concise comprehensive statement would be appreciated.

Already answered your outsourcing question. Outsourcing isn't the sole cause in unemployment. You are trying to ascribe too much weight to it in your unemployment argument when there are simply too many variables, which makes your example usless.

IF you couldn't understand what I wrote before when I went more into depth, there is no point in me repeating it again for you. I would suggst you read again, and if you don't understand what I wrote ask a direct question for clarification.
 
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Fewer people doing more has never been proven in reality to be a negative in society. That is what the whole industrialization age proved. So again your premises if demonstrably incorrect.

Yes I know and most know that lower value/skilled workers are less essential, therefor they command lower wages, and have less income than those with a skill in demand. You aren't stating anything new.

Yes luddite, there are plenty neo-luddites who work in the tech field. Doesn't mean you are uneducated, just that you hold a outdated proven wrong mindset with regard to the dangers of technological advancement on job creation.

Who creates the AI? who manages the algorithms that it uses to make decisions? Who makes the program that makes the program that allows the AI to refine ? LOL.
As for shifting pay, so what if it drops pay, the money saved by the corporation in implementing it will drop the price of the good being provided while granting them the ability to maintain their profit margins.

Like I said the needless panic you are doing is all old hat.

Jumbled response so we will break it down one step at a time. See my previous post ^
 

David_TheMan

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We're seeing machines that are able to compete with human intelligence, which I'd argue is new. Historically, technology expanding has created more human jobs, but this isn't necessarily the case now.

Point is..if machines produce more, then you have more product to sell so in total you can make more money if there's a market for your product.The World Bank and I agree that two thirds of jobs in the third-world may disappear due to automation, but you're of course free to disagree: Request Rejected

I'm not fearful of new technology, I'm addressing issues related to AI and automation. I'm happy to discuss positive aspects of new technology, but that's not what the thread is about.

I'm not saying coal mines are the way to go forward, but I do think it's naive to simply tell coal miners to "do better". I actually think that type of rhetoric could lead to social and political unrest, as they might not understand the situation they're in.
No we aren't seeing machines compete with human intelligence at all.
We see machines able to work in fixed environments and limited parametrs function fasters and more directed than before, but in terms of general human intelligence AI is nowhere close to what the human brain does.

Machines always produce more than people, even simple machines, again this isn't new. You confuse the ability to produce quicker with a market demand for more of the product. That is a terrible mistake on your end. If the demand is the same, me producing it quicker just means I am ableto produce it quicker and lower my cost and make money at a higher margin, doesn't mean I will suddenly make more, its the market that determines what you produce not your technical capability to do so.

The World Bank doesn't write the rules of economics. The fact is this, if there is no benefit, economically, in eating the cost to make the switch to automation over continuing on with no automation or in the status quo, the status quo will be maintained. In the case that the price of automation falls in those undeveloped nations where it makes financial sense to do so it will happen, until it does it won't. This is axiomatic.

Everything you have said is fearful of new technology, its only an issue if you are concerned or fearful of it. This thread is about a video trying to make a argument aobut the dangers of new technology, I"m simply disagreeing with its contention. I've never told you, you should say anything positive or negative about new technology either. So I don't understand why you would try to act like I implied you did.

Its not naive to tell low skill workers that your industry is dying, learn something new or be jobless. No different than telling a company that made consumer grade film cameras that they need to adapt or be out of business, or companies that made horse and buggy carriages that they need to get out and find a new skill or they'll be jobless. Its reality. I don't see how it would lead to social or political unrest unless you had another entity involved offering those without jobs the ability to steal from those who are more productive, but thats another discussion.
 

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Already answered your outsourcing question. Outsourcing isn't the sole cause in unemployment. You are trying to ascribe too much weight to it in your unemployment argument when there are simply too many variables, which makes your example usless.

IF you couldn't understand what I wrote before when I went more into depth, there is no point in me repeating it again for you. I would suggst you read again, and if you don't understand what I wrote ask a direct question for clarification.[/QUOTE]

And there you have it. Math(s) again. You have the direction of implication wrong and with that I am gone. The bolded part in your post is YOUR strawman.

It doesn't matter what the cause is. The question is about combating. The order of the implication in my statement '=>' (single and double implication arrow?) is the opposite of what you are basing your argument on.

AGAIN: For the purposes of THIS question it doesn't matter what the cause is. I.E. you can combat a symptom without KNOWING the cause and the QUESTION was 'can outsourcing be used to combat unemployment (of all kinds) as per the implication of you saying 1 million jobs outsourced leads to at least 1 million (similar) additional jobs in total'.

Coli strikes again.... the gaps in your education are showing. It would be funny if it wasn't for the fact that broader society lumps people like you together with people like me. :picard: #MNIA
 

David_TheMan

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Jumbled response so we will break it down one step at a time. See my previous post ^
Not jumbled at all, responded to your post line by line.
If you don't understand simply state what you don't understand and we'll move from there. If not just be honest and say we disagree fundamentally on baseline principles.
 

Balla

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What skills u think are good to learn


Not jumbled at all, responded to your post line by line.
If you don't understand simply state what you don't understand and we'll move from there. If not just be honest and say we disagree fundamentally on baseline principles.
 
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