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This would have to be in a different industry though, no? Inherently the point of automation is to shrink the amount of labor required to do a task. So as to yo
by ar4s 14y ago
This would have to be in a different industry though, no? Inherently the point of automation is to shrink the amount of labor required to do a task. So as to your comment and in my example of customer service, employees laid off from company A would need to acquire technical skills to manage the new automation in that industry (likely that company B has already, or will adopt), or move to a different industry completely.
The problem I see is that everyone is automating though. Or is it assumed that enough tasks can't be automated to actually effect unemployment?
- crazygringo 14y agoIt could be. The surplus flows to the owners of the company. They can choose to a) re-invest it in the company, creating new jobs there, b) re-invest it in new/other companies, creating new jobs there, c) spend it, creating new jobs wherever the money is spent. But yes, retraining is generally required to some degree -- as jobs become more productive, people need to learn how to do those jobs!