Re: [Vo]:automation and its economics effects

[Ron Wormus]

It's not necessarily a bad thing. Watson is likely better at diagnosis 
than most doctors & computers can read x-rays and mammogram's better than 
humans  but there needs to be a new economic model in place before most of 
the jobs are gone.


--On Tuesday, February 21, 2017 12:51 PM -0500 "a.ashfield" 
 wrote:



Ron, I'm glad to see the press is starting to take notice of the
problem.  The article is wrong about nobody" taking notice of the
situation or of the forecast that 45% would lose their jobs in twenty
years.
Lots of people did: I did and wrote about it for several years. It's
true neither the government nor the MSM paid attention to it.

What has happened is that the wealth of American workers was distributed
to the low wage countries and the elites who arranged it.  As the work
is automated the real problem will be overseas countries where they have
come to rely on the low wage work and after that is lost aren't wealthy
enough to stop people starving. Here in the West, there are various
solutions like Universal Basic Income, although I doubt our politicians
will start to discuss it seriously until after there is blood in the
streets.

AA

On 2/20/2017 5:17 PM, Ron Wormus wrote:

This is fairly interesting.  The video at the end is fascinating:


https://medium.freecodecamp.com/bill-gates-and-elon-musk-just-warned-us
-about-the-one-thing-politicians-are-too-scared-to-talk-8db9815fd398#.4
6edoyjxi

Ron

[Vo]:automation and its economics effects

[Ron Wormus]

This is fairly interesting.  The video at the end is fascinating:


https://medium.freecodecamp.com/bill-gates-and-elon-musk-just-warned-us-about-the-one-thing-politicians-are-too-scared-to-talk-8db9815fd398#.46edoyjxi
Ron