Just as Henry Ford made automobiles ubiquitous to every family and workplace, robot researchers, developers, and manufactureres are predicting that life size artificial intelligence robots with human-like mobility will reside in many average households, offices, and workplaces in 5-10 years as workers, friends, servants, and even girlfriends and boyfriends. Will there be any need for you?
Friday, March 17, 2017
Wednesday, March 8, 2017
Why Work?
The philosophy of the purpose of work has changed over the ages---to hunt, scavenge, or grow food for survival, to make money to consume/acquire goods not requiring our direct labour, to self-fulfillment.
Likely, our future will come full-circle to the ideas of Aristotle in 335BC who claimed the prime purpose of existence was not work, but improvement of the mind.
This video, The History of Work, unfortunately, does not speculate about our work future, stopping as it does with the advent of the early computers without speculating on their impact to our future world of work.
Recent years, though, have defined that future without question, and in so doing, have also defined a roadmap of the future of human life.
Every innovation created more free time---think of the washing machine, and just as that innovation provided more time by freeing people from a consuming household chore providing time for other things, computerized technology and robotics will take that free time explosion to the extreme---back to Aristotle’s idea of a life of leisure doing what you want to do rather than imprisoning us from the need of work for survival!
During the transition, which we are undergoing now, our world will suffer severe disruption as we adjust our thinking, our expectations, our habits, our very way of life to a future of peace, eradication of poverty, equality of opportunity, and respect for our fellow man---a Shangri-La devoid of the burdens of work....the Utopia first proposed by Greek Philosopher Plato!
Your present political philosophy, your ideas of independence and self-sufficiency, your present role as a wealthy business owner, a worker, or a pauper, will make little difference in defining the future world and your role in it. Everyone will have only one objective---survival! Survival of life, survival of production means to provide human needs and wants, and survival of a working economy to sustain the needs of the population, and there are not many available options!
A world without work for humans will bring profound changes to the past rules that defined our world, its economy, and the roles of people---- And no matter what you think and believe now, you too will be swept up in the tsusami of social and economic change.---and acceptance of and adaptation to the profound changes will be your lifejacket to survival.
During the transition, which we are undergoing now, our world will suffer severe disruption as we adjust our thinking, our expectations, our habits, our very way of life to a future of peace, eradication of poverty, equality of opportunity, and respect for our fellow man---a Shangri-La devoid of the burdens of work....the Utopia first proposed by Greek Philosopher Plato!
Your present political philosophy, your ideas of independence and self-sufficiency, your present role as a wealthy business owner, a worker, or a pauper, will make little difference in defining the future world and your role in it. Everyone will have only one objective---survival! Survival of life, survival of production means to provide human needs and wants, and survival of a working economy to sustain the needs of the population, and there are not many available options!
A world without work for humans will bring profound changes to the past rules that defined our world, its economy, and the roles of people---- And no matter what you think and believe now, you too will be swept up in the tsusami of social and economic change.---and acceptance of and adaptation to the profound changes will be your lifejacket to survival.
Wednesday, February 8, 2017
Forget Everything You Know About Work And The Economy
The next social revolution is here---joblessness. And we have to start thinking about coping with the change. Be prepared to forget everything you know about how the economy works and how wealth is distributed. Silicon Valley agrees with me---jobs are disappearing
Friday, January 27, 2017
An Economic Model that Restores Jobs, Wages, and Profits in the Robotics Age
In response to inquiries, I have been inspired to dig deeper to further clarify thoughts I've expressed before but have never detailed through numbers. So following is an economic model that I've devised that returns and supports pre-robotics hiring and salary levels, as well as traditional corporate profit levels and that provides a reasonable and sensible model for the transition to the robotics future of little work.
The major problem faced in most economic systems of all political philosophies is to glorify greed by concentrating wealth in the hands of a few. In Canada, for example, the two richest Canadians are wealthier than the bottom 30%. The rich and powerful are concentrating wealth by replacing workers with robotics, who neither get paid nor consume the product they make. Without acknowledging that in the end this slows down consumption ultimately resulting in the bankrupting of their companies as well as in helping to bring down the entire economy.
The solution lies in evaluating merit of continuing the historical rules and ideas that are no longer working...Everything we know about economies and economic rules must change to alleviate the economic problems that we have to avoid upcoming revolution. In this case, historical practice and beliefs is a giant inert rock that is perpetuating a failing economy for most people.
Change may require full-fledged revolution or international war but my hopeful wish is that change will come voluntarily and peacefully when all the rich corporate guys start recognizing their ensuing bankruptcy when robotics steals most jobs resulting in few product sales.
A wise intermediate step would be to significantly cut work hours to retain nearly full employment with pay tied to productivity rather than hours worked.
For example GM Oshawa used to employ 30,000 workers but now robotics has resulted in increased production with only 2000 workers, and huge corporate profits generated by cost savings from the decreased workforce. So GM could afford to hire the former 30,000 40 hr/week workers for 3 hr/week at the traditional old salaries based on productivity and not hours of work while maintaining traditional profit levels.
Right now, the former salaries of the 28000 laid off employees is going to executive salaries and bonuses and record GM profits and investor dividends.
Robotics will continue to deflate employment to near zero in the future. Lock step with this is the hope that common sense will prevail to insure that necessary change and revision occurs as needed to insure both sustainable economic health and a peaceful social future. Without voluntary and peaceful change to more fairness in the distribution of the proceeds of our North American economies, the revolutions in China and Egypt will be repeated here.
Please note ---All figures quoted here are guestimates for illustrative purposes only---but principles used in their generation apply to the real situation.
Wednesday, January 4, 2017
Computerized Technology and Robotics Have Ushered In A New Era
The Intellectualist' magazine published the following table showing a shap change in economic performance in 1980---and someone asked me to account for the change.
The Intellectualist
"The Great Regression" - Do you notice where the change occurred? (Credit: The New York Times)
Thursday, December 8, 2016
Stephen Hawkins says, "This is the most dangerous time for our planet!"
Change is necessary to avoid revolutions of the kind experienced in both China and Egypt, the conditions of severe economic inequality and lack of opportunity for a decent life that i was able to witness first hand shortly before their uprisings.
Brexit and Trump's election, along with massive job losses via robotics, are early signs that revolution is near, something i have been writing about on this site since 2006.
Massive change in our thinking of how we cope with precarious part time, contract, and casual work, job losses due to technology, and in fairer sharing of the wealth and opportunity in our society is necessary to avoid revolution, rebellion, and impending gloom.
Wednesday, December 7, 2016
The Next Technology Revolution Will Drive Abundance And Income Disparity
The new technology revolution will result in dramatically increasing productivity and abundance but the process of getting there raises all sorts of questions about the changing nature of work and the likely increase in income disparity.
With less need for human labor and judgment, labor will be devalued relative to capital and even more so relative to ideas and machine learning technology.
In an era of abundance and increasing income disparity, we will need a new version of capitalism that is focused on more than just efficient production but one that also places greater prioritization on the less desirable side effects of capitalism---such as a fair distribution of the riches of the economy in light of few jobs.
Read what Vinad Khosla, Co-founder of Sun Microsystems, says about this!
With less need for human labor and judgment, labor will be devalued relative to capital and even more so relative to ideas and machine learning technology.
In an era of abundance and increasing income disparity, we will need a new version of capitalism that is focused on more than just efficient production but one that also places greater prioritization on the less desirable side effects of capitalism---such as a fair distribution of the riches of the economy in light of few jobs.
Read what Vinad Khosla, Co-founder of Sun Microsystems, says about this!
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