g5000
Diamond Member
- Nov 26, 2011
- 125,230
- 68,952
The days of growing up to work in your daddy's factory are long gone. We need to retool our education system for the jobs of tomorrow, not the jobs of yesterday.
McKinsey: automation may wipe out 1/3 of America’s workforce by 2030
In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.
The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.
Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.
Read this, too: https://economics.mit.edu/files/12763
Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.
Read this: http://conexus.cberdata.org/files/MfgReality.pdf
"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”
Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.
When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.
We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.
Back to Axios:
Wake up, America. You're children are being robbed of a future by elected hucksters.
McKinsey: automation may wipe out 1/3 of America’s workforce by 2030
In a new study that is optimistic about automation yet stark in its appraisal of the challenge ahead, McKinsey says massive government intervention will be required to hold societies together against the ravages of labor disruption over the next 13 years. Up to 800 million people—including a third of the work force in the U.S. and Germany—will be made jobless by 2030, the study says.
The bottom line: The economy of most countries will eventually replace the lost jobs, the study says, but many of the unemployed will need considerable help to shift to new work, and salaries could continue to flatline. "It's a Marshall Plan size of task," Michael Chui, lead author of the McKinsey report, tells Axios.
Translation: Stop drinking the piss of politicians who tell you they will bring back the jobs that went overseas. The jobs didn't go overseas. They have been automated and are never coming back.
Read this, too: https://economics.mit.edu/files/12763
Between 1993 and 2007, every new robot replaced between 3 and 5.6 workers.
Read this: http://conexus.cberdata.org/files/MfgReality.pdf
"Almost 88 percent of job losses in manufacturing in recent years can be attributable to productivity growth, and the long-term changes to manufacturing employment are mostly linked to the productivity of American factories.”
Gone, baby, gone. Those jobs are not coming back. Ever. Anyone who promises you they are is a fucking criminal liar.
When a shitbag politician tells you he is going to bring back those lost jobs with tariffs and trade deals, he is talking out of his ass. He is being fucking lazy and hoping you are too ignorant to catch on.
We need to start burning those politicians at the stake, and start forcing their replacements to retool our entire education system.
Back to Axios:
- The transition compares to the U.S. shift from a largely agricultural to an industrial-services economy in the early 1900s forward. But this time, it's not young people leaving farms, but mid-career workers who need new skills. "There are few precedents in which societies have successfully retrained such large numbers of people," the report says, and that is the key question: how do you retrain people in their 30s, 40s and 50s for entirely new professions?
Wake up, America. You're children are being robbed of a future by elected hucksters.
