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RE: CAPITALISM #2: Why robots will create more jobs then they could ever destroy

in #economics8 years ago

Nice. I like how you bring the value of human experience into the conversation. The main point of my response to the post of @calaber24p, though - which also applies to the @kyriacos rebuttal and this post as well - was that the most significant impacts of embracing automation will probably be extremely varietal, and might not even fit into our current framework for understanding such things.

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In practice the automation is a gradual process. More of the business sectors we a knowing now will be automated, i.e. the jobs of truck drivers will be replaced by autonomous trucks. The bird that Homer used to automate his job is a good illustration for this. But new jobs are emerging at the same time. And most of them we could not imagine now. As you said.