Incidentally, Obama did address the employment and "made in America" problem forcefully, in a speech yesterday. See:

<http://thepage.time.com/prepared-remarks-obama-on-the-economy-in-cleveland-ohio/>http://thepage.time.com/prepared-remarks-obama-on-the-economy-in-cleveland-ohio/

QUOTE: ". . . We see a future where we invest in American innovation and American ingenuity; where we export more goods so we create more jobs here at home; where we make it easier to start a business or patent an invention; where we build a homegrown, clean energy industry – because I don't want to see new solar panels or electric cars or advanced batteries manufactured in Europe or Asia. I want to see them made right here in America, by American workers. . . ."

He has some concrete proposals to reduce the kind of thing I described in the development of the CFL, where GE invented it but Ellis Yan developed it.

Other politicians have also made a serious effort to come to grips with this.

Anyway, Robin van Spaandonk wrote:

>Hal Fox thought that cold fusion would bring about so many new
>technologies that overall it would expand employment . . .

Cheap energy => cheap recycling
        "   ?=> cheap water ?=> more agriculture
        "   => cheaper transportation => lowers cost of everything

...so look for more jobs in every field, but especially in recycling and
agriculture.

Yeah, those are some of the things I covered in my book. No doubt cheap energy will spur the development of new fields and some increase in employment. But I do not think it is a foregone conclusion that the jobs created will outnumber those that are lost. Looking at previous innovations, it depends on the nature of the new technology, the market, the absolute limit to how much of the product people need or want, and various other complex factors that may be difficult to anticipate. For example:

Ice. This used to be a major industry. First people cut ice from ponds and shipped it to Florida. Later, when my father was a boy, they made it in factories and the iceman delivered it by horse and wagon. That provided lots of employment overall. Nowadays practically no one works in the ice business, except for a few companies that sell ice in grocery stores. The reasons are that we can make ice ourselves, and there is a natural upper limit to how much ice most people want.

Hydroelectricity. Dams in Georgia that used to employ hundreds of people now have one or two, or zero. (Except during overhauls.)

Automobiles. These seem to generate more work then they save! What with road construction which "costs as much as a small war, with similar casualties" (Clarke) and need to constantly manufacture and repair the things, the automobile is the politician's dream machine. Everyone wants one and they call for massive employment. On the other hand, auto factories have far less workers than they used to.

Food. In the 20th century the farm population declined from 30% to less than 3%. Lots of people are now employed making and marketing fast food, but it seems to be a major threat to our health, and I do not think that industry has much of a future.

I expect that indoor factory farms will employ practically no one, only robots, because that is more hygienic. Within 100 years I expect that will be the only kind of farm we have. The Japanese food factory I described in the book is out of business, but others are springing up and becoming popular. Some restaurants in Japan feature fully-automated machines that grow lettuce. This was featured on the news.

It is very difficult to judge whether the new industries spawned by cold fusion will cause a net increase or decrease in employment. Energy is critical for physical industries -- manufacturing, transportation, agriculture and so on. Not for twiddling bits or making entertainment. Programming, managing and the like are not energy-intensive, and a large decrease in energy cost will not affect them much, or change the way they do things. The trend in all physical work is relentlessly toward less employment -- fewer and fewer people -- until you have things like a YKK zipper factory in Georgia that makes a significant fraction of all the zippers in the world with maybe 6 people present in the room with machine, judging by a photo I saw. It seems to me that cheap energy is likely to accelerate this trend. In recycling, for example, cheap energy will allow the Molten Metals Technology approach, in which you drop all of your trash and scrapped goods into a sealed vat of molten metal -- iron -- and then you sort out the gas-phase products, which are mainly individual elements, not compounds. Break everything down, in other words. Obviously this has to be completely automated! It should be far less labor intensive than sorting out cans and old computer parts by hand, or shipping computers off to China where people use 17th century technology to recycle parts while they poison themselves and the environment.

(Molten Metals Tech. also went out of business. Just about every company I get interested or recommend does. Either I am inept at picking winners or I am attracted to companies that are 20 years ahead of their time. Fortunately for me I do not actually invest in these things.)

I may be wrong about YKK. An on-line source says that YKK Georgia employs 1,400 people:

<http://www.globalatlanta.com/article/17159/>http://www.globalatlanta.com/article/17159/

I'll bet more of them are doing administrative work (sales and whatnot) than operating machines.

- Jed

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