Automation Won’t Create New Jobs Like Technology Did In The Past

Automation Won't Create New Jobs Like Technology Did In The Past

(Photo by Jeff Spicer/Getty Images for Westfield) “Increased productivity leads to more wealth, cheaper goods, greater spending power and ultimately, more jobs ,” said the Wall Street Journal in the latest entry in the counterpoint to articles declaring the end of work.

This essentially is the problem with calls to put aside worry about automation. They sit on an assumption that, somehow, something will come along to save the day, even though no one has the slightest idea of what it might be. Call it the Magical Job Savior, the inexorable and unstoppable unforeseen something that increases the number of jobs even as technology eliminates them but somehow enables the rescue.

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CNN Host’s Attempt to Explain the U.S. Economy Was So Bad I Started Yelling at the TV

CNN Host's Attempt to Explain the U.S. Economy Was So Bad I Started Yelling at the TV

Young technician checking solar panels on factory roof Photo Credit: zstock/Shutterstock Honestly, I don’t usually talk back to the TV. But I couldn’t contain myself during Poppy Harlow’s December 10 interview with John Feltner, the United Steelworkers vice president of the Rexnord local union where 300 jobs are moving from Indianapolis to Mexico.

In discussing the move, Harlow twice resorted to the much repeated trope that the loss of American manufacturing jobs is really about automation and technology.

HARLOW: What is the number-one thing you would like to see the incoming administration do that you think will help people in […]

How robots will change the American workforce

How robots will change the American workforce

Let’s Make San Diego ‘Robot Valley’. Henrik Christensen, director of the Contextual Robotics Institute at UC San Diego discusses the affect of robots in the workpalce. Thirty of the world’s top scientists will meet at UC San Diego in February to discuss the toughest challenges in robotics and automation, including making driverless cars safe for a mass audience.

The researchers are being brought together by Henrik Christensen, the prominent Georgia Tech engineer who was hired in July to run UC San Diego’s young Contextual Robotics Institute.

Christensen said at the time, “I want to build a research institute that, ideally, will […]

Trump’s Carrier Deal is Even More of a Fraud Than We Thought

Trump’s Carrier Deal is Even More of a Fraud Than We Thought

Though Donald Trump will likely never stop bragging about the handful of jobs he negotiated to save at a Carrier manufacturing plant in Indiana, but though there are several major holes in his hero narrative, one major one has just been discovered that should put Trump’s bragging to an end for good.

According to CNBC , the carrier plant plans to use investments into the company in order to automate the factory, eventually resulting in the loss of many more jobs than any overseas move might have caused.

United Technologies CEO Greg Hayes admitted to CNBC ‘s Jim Cramer that the […]

The despicable inequality and cruel egalitarianism of wealth: towards a draft wealth tax to fund a basic income

The despicable inequality and cruel egalitarianism of wealth: towards a draft wealth tax to fund a basic income

Part 3 of a series. To those who have, more shall be given. Cities get more investment. From those who have little, more shall be taken. Small towns are finding that they are excluded from the excitement happening everywhere else and little investment goes their way.

The idea of capitalism – that goods should bear market prices, that justly acquired property is yours, and exchange between willing participants be free of encumbrances – is everywhere under threat.

There is, however, little policy difference between the extreme-left and extreme-right populist response. Both demand a remarkably statist approach to government, and both are […]

Why Am I Yelling At CNN’s Poppy Harlow?

Why Am I Yelling At CNN’s Poppy Harlow?

Honestly, I don’t usually talk back to the TV. But I couldn’t contain myself during Poppy Harlow’s December 10 interview with John Feltner, the United Steelworkers vice president of the Rexnord local union where 300 jobs are moving from Indianapolis to Mexico.

In discussing the move, Ms. Harlow twice resorted to the much repeated trope that the loss of American manufacturing jobs is really about automation and technology.

HARLOW: …. What would you ― what is the number-one thing you would like to see the incoming administration do that you think will help people in your situation? Because, you know, […]

The answer to America’s working class job crisis is hard, but not mysterious

The answer to America's working class job crisis is hard, but not mysterious

View Caption Melanie Stetson Freeman/The Christian Science Monitor/File

Malden, Mass. — Antonio Blanc, a senior at Malden High School, knows the risk of being left behind.

He’s struggled to keep up at school, distracted by family instability and the part-time kitchen jobs he needs to pay the bills now he’s living alone. His plan after graduation is to enroll in a technical college and get a certificate in precision machinery.“I want to learn a skill, something I can do when I’m done with school,” he says.For students like Mr. Blanc, that step of education beyond high school holds the […]

Vietnam’s low-skilled labor force threatened by robots

Vietnam’s low-skilled labor force threatened by robots

A woman works at a furniture factory in Hanoi. Photo by Reuters/Kham 86 percent of garment workers could lose their jobs in the coming decades, according to the International Labor Organization.

Vietnam’s workforce is made up largely of untrained and low-skilled workers who are at high risk of being replaced by automation and robots in the near future, labor experts said at a conference in Hanoi on Tuesday.

Dao Hong Lan, vice minister of labor, said Vietnam currently has 54.36 million workers but nearly 80 percent of them have not received any training or degrees for their jobs.The country’s […]

job automation

job automation

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Venkat: It’s automation, not manufacturing, Trump should ponder

Venkat: It’s automation, not manufacturing, Trump should ponder

Tesla co-founder and CEO Elon Musk makes an appearance at the Tesla factory in Fremont, Calif. on Saturday, Oct. 1, 2011. Customers who have reserved a Model S came for a tour of the factory and a test ride in a beta model. (Jim Gensheimer/Bay Area News Group/MCT) While Donald Trump has promised “consequences” for companies seeking to move operations overseas, the more interesting question is what he plans to do about automation. Globalization and trade deals have taken the brunt of the blame this election year for job losses, but this misses the crucial role that technology plays […]