It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Between 1993 and 2007 (the timeframe studied by Graetz and Micheals) the United States increased the number of robots per hour worked by 237 percent. During the same period the U.S. economy shed 2.2 million manufacturing jobs. Assuming the two trends are linked doesn’t seem farfetched.
Of course, correlation is not causation, and there is no shortage of alternative explanations for the decline in U.S. manufacturing. Globalization, offshoring, and skills gaps are just three frequently cited causes. Moreover, some researchers, like MIT’s David Autor, have argued that workers are benefiting from working alongside robots.
Another way to look at this is to ask: How many jobs would each economy have lost if the decline in manufacturing employment was proportional to the increase in robots?
By this metric the United States should have lost one-third more manufacturing jobs than it actually did and Germany should have lost 50 percent more, while the United Kingdom lost five times more than it should have. The lesson is that the net impacts of automation on employment in manufacturing are not simple, and at least during the time frame studied here [1993 to 2007] they cannot be said to have caused job losses.
originally posted by: ScreenBogey
Marx presciently stated that humans would have to compete with machines. In the 70's it was widely reported that the computer revolution would mean more leisure-time. Well, that didn't work out. Now women work as well as men for the same household standard of living. To further reduce pay, the authorities are mass importing cheap labor from abroad. In other news, the robotization of car factories require less workers. Where will it end? Let's face it--the uber-rich must be thinking with the development of robots what do they need all that labor for? Plus over-population...They won't give up their controlling wealth. Killing time, I guess. Maybe they figure that a natural plague will do the job. But an unnatural one would be better (one that they have a vaccine for).
originally posted by: undo
originally posted by: EternalSolace
This type of technology just goes to show how fast our society is moving toward automation. Jobs will continue to be lost at an ever increasing level as we go further into the world of automation. I can even see how the technology behind self driving cars can used on garbage trucks, delivery trucks, and taxis. It leaves society with a question that needs to be asked; Do we continue to look at the unemployment as a bad thing, or do we start moving toward a leisure based society?
Unfortunately, I don't see technology such as this brick layer lowering the cost of homes. All that will happen is this robot will replace a human brick layer and the contractor will pocket that wage instead of lowering the cost of the house. The same goes for any job lost to automation. The wage will be pocketed and prices stay the same. That's just the type of mindset that humanity has.
in a non-regulated environment they would just try to price cut each other till the price was more reasonable.
originally posted by: woodwardjnr
a reply to: doobydoll this is why I believe it's not just people on the left concerned about the inequality of wealth, business owners and capitalists are also concerned that having such gaps in the inequality of wealth will eventually effect their bottom line.