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Full employment ....keep dreaming

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virtuoso:
I have been reading with unrelenting frequency of how the economy's are turning round and now the target has to be full employment. Now the very words uttered are in reality utter bullshit, but now we have crossed the point of no return in technological terms therefore there is not a theoretical possibility.

Here is the deathknell to this absurdity,....in 2011 Foxconn announced they would be introducing a million robots within the next 3 years. Now, let's put this into some kind of context, one million robots, 1.3 million workforce.

It goes deeper still, go onto DARPA's website and you can see the emerging usage of robots relatively soon. Of course in there demonstration videos there is just one, but when they are ready to roll, thousands upon thousads will come flying off the conveyer belt.

Heck, robots can now be employed in warehouses, effortlessly carrying huge quantities of stock back and forth 24/7 if needs be.

Self checkouts are becoming the norm

I have been keeping up with the trends in robotics and the future for employment is not good, these current employment figures (real ones) are going to look extremely rosey compared to what is around the corner.

Comments?

TraceOneInfinite:
We could go back to the hunter gatherer days and have full employment.  Would that make you happy. 

Bro... the premium should be on STANDARD OF LIVING and not employment numbers.  All that matters is our standard of living or even more pointedly, our feeling of well-being.  Full employment ain't shit.

Technically, if you eliminate minimum wage jobs, then there already is full employment.  Philosophically, human desires are limitless.  Therefore, since human desires are limitless they could always think of more things that they want, it's just a matter of how much would they pay for those things.   But I could think of a million things I'd give some one 5 cents an hour for.

virtuoso:
Somehow you have not managed to grasp the most fundamental aspect of this. The usage of superior, cheaper, more efficient technology when implemented in a broad sense drives down the standard of living because the value of labour diminishes greatly. Therefore as to your comment regarding 5 cents an hour, well not surprisingly theres are people all over the world who are on similar sums and it results in hoards of desperately poor people. Do the math, the structural changes gathering pace are diminishing the need for labour.

MUHFUKKA:

--- Quote from: Infinite African Westcoastin 2012 and 13' on February 26, 2013, 10:17:04 PM --- Therefore, since human desires are limitless they could always think of more things that they want, it's just a matter of how much would they pay for those things.   But I could think of a million things I'd give some one 5 cents an hour for.

--- End quote ---
uh oh, that slave owner mentality comes through again. no trip to africa can wipe away the generations of your ancestors keeping people down

TraceOneInfinite:

--- Quote from: virtuoso on February 27, 2013, 12:27:32 AM ---Somehow you have not managed to grasp the most fundamental aspect of this. The usage of superior, cheaper, more efficient technology when implemented in a broad sense drives down the standard of living because the value of labour diminishes greatly. Therefore as to your comment regarding 5 cents an hour, well not surprisingly theres are people all over the world who are on similar sums and it results in hoards of desperately poor people. Do the math, the structural changes gathering pace are diminishing the need for labour.

--- End quote ---

If technology bothers you then why don't you move to Africa.  Seriously, I was in upcountry villages there that get by without electricity.  It's not a bad life, it has it's advantages.  But at the end of the day, you have to question yourself as to why they are steady appealing to people outside to bring them in more technology?

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