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Robots to Rule the World? Taking All Jobs? Replace Women?

By Mish   Follow   Tue, 4 Sep 2012, 10:32am   5,093 views   54 comments
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Robots to Rule the World? Taking All Jobs? Replace Women?
http://globaleconomicanalysis.blogspot.com/2012/08/robots-to-rule-world-taking-all-jobs.html
Mish

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1. michaelsch Follow Befriend 21 threads 581 comments South Pasadena, CA

   15   5:01pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   Mish says Replace Women? LOL, I thought they've already replaced most American women with robots.

2. leo707 Follow Befriend (12) 10 threads 3,516 comments Oakland, CA leo707's website Premium

   16   5:03pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   rooemoore says What do you suggest we do with people whose IQ is not sufficient for these high technology future jobs? Seriously. That is probably over 80% of the global population. And this is assuming that the high tech jobs of the future are not also being done by robots.

3. rooemoore Follow Befriend 41 threads 907 comments Ross, CA

   17   5:32pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   leoj707 says rooemoore says What do you suggest we do with people whose IQ is not sufficient for these high technology future jobs? Seriously. That is probably over 80% of the global population. And this is assuming that the high tech jobs of the future are not also being done by robots. True - many already are.

4. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

   18   5:53pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   rooemoore says What do you suggest we do with people whose IQ is not sufficient for these high technology future jobs? Seriously. That is probably over 80% of the global population. Those people need to vote only for politicians who wholly embrace Georgism, and they need to start doing that right away. When the robots have taken over all manual labor, all that will be left is intellectual labor. At that time humanity can live in one of two worlds. In the first world, the labor of robots and all other rent producing resources will benefit all mankind. The 80% who aren't intellectual powerhouses will enjoy an upper-middle class level of life with zero labor. I.e., getting all the benefits of a 100K income today without having to work. Those who are intellectual powerhouses and choose to labor, will enjoy an even higher level a material wealth and will direct humanity through the further development of technology. In the second world, only a small group of extremely lazy, wealthy landlords will enjoy a carefree and effortless life while the other 99.9% wallow in abject poverty killing each other for the scraps thrown down by their wealthy overlords. Which world would you rather live in? Georgism is necessary for the first.

5. thomaswong.1986 Follow Befriend 15 threads 2,851 comments

   19   7:04pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   errc says Dan, I wish I could like that post twice. It hurts my brain when I hear people rail against outsourcing of manufacturing jobs, and how the solution is to bring them back home. Right. Our problem is we don't have enough people standing around watching machines work for 60 hours of every week of their lives, for 20+$ an hour. Technological advances are a good thing. have you ever seen a manufacturing plant.. Isay like Sun Micro, Intel, Apple or such? I have, many times in my early years working in Silicon valley.. many who started in a same plants went off to college and moved their lives forward into better jobs/careers. Its no wonder that some like the Woz who worked in mfg at a young age came up with the idea of a personal computer which he created on his own. Mfg shop floor has alot of possibilities for future entrepreneurs. I dont expect a left wing Bostonian or New Yorkers to understand all this..

6. errc Follow Befriend (7) 30 threads 1,220 comments 31 male Premium

   20   7:11pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Yes, I've worked on a line before. I've also spent time locked in a people cage. Neither are desirable, but if I had to chose one of the two, id probably opt for prison @rowemoore, "what to do with those people"? Let's double down on the Bill Clinton utopia, build more private prisons, and lock up all those "undesirable" poor, and stupid. The leftist wet dream!

7. Quigley Follow Befriend (6) 17 threads 525 comments Huntington Beach, CA

   21   7:46pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   Lots of people have speculated on what the future holds in store for average people. Possibly the most realistic (if pessimistic) is Neal Stevenson's vision in his novel "Snow Crash." We see an America where people have given up on Nationalism and have no allegiance to the federal government. The Feds still exist but have no real power. Instead the power vacuum is filled by fiefdoms and local city states which offer residents security. There is a vast split between haves and have nots, the latter of which is kept out of the former's gated communities by plenty of guards packing unreal amounts of heat. All shopping is done through the web which is now an interactive holographic experience. The Mafia is one of the more reputable and highly esteemed organizations recruiting young college grads to establish "outposts" in the crime infested slums of (pick your city). Writing original code is about the only way people get paid. My theory is that human value will be assigned by the quality of each person's creative output: the part of us that is most similar to God.

8. robertoaribas Follow Befriend (23) 55 threads 3,836 comments Scottsdale, AZ robertoaribas's website

   22   8:00pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   the future ain't what it used to be!

9. rooemoore Follow Befriend 41 threads 907 comments Ross, CA

   23   8:34pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   errc says Yes, I've worked on a line before. I've also spent time locked in a people cage. Neither are desirable, but if I had to chose one of the two, id probably opt for prison I'd choose prison for you too!

10. Zen Follow Befriend 5 comments

    24   10:12pm Tue 21 Aug 2012   Share   Quote   Permalink   Like   Dislike   leoj707 says What a glorious day it will be when all politicians are replaced by robots. I was under the impression that they already had.

11. lostand confused Follow Befriend (9) 166 threads 1,551 comments Premium

    25   6:10am Wed 22 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Without manufacturing, you lose your knowledge. Tech jobs can also be done anywhere in the world and offshoring has proved that it is a feasible model. So we are only left with jobs that can't be offshored-until a time comes when we reach parity with India or China. Or some new invention that has to be done here comes about. But on robots and automation, yes that is the perfect "employee" for a business. Now a programmable robotic blow up doll-that would be something. Of course if the manufacture cuts cost and does not do the proper QA or there is a code malfunction, the robotic critter might chomp your jewels off instead of providing pleasure.

12. marcus Follow Befriend (5) 168 threads 5,100 comments

    26   7:12am Wed 22 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   So robots are making all of the consumer goods. Eventually there will be programs that write the robots code (with some human help and oversight). But how do all the consumers get paid ? You can only have so many sales and advertising people. THere is of course entertainment, games, tech jobs (network admin, programmers etc.), and let's not forget lobbying and politics. Food production and of course all of the governemnt services. How far off is this brave new world ? I'm sure that even in the future, when in doubt, just lower taxes so that the job creators create more jobs and then the consumers can all be employed and happily consuming. It's a no brainer.

13. perpetuallyastonished Follow Befriend 6 comments

    27   7:51am Wed 22 Aug 2012   Share   Quote   Permalink   Like   Dislike   Zen says leoj707 says What a glorious day it will be when all politicians are replaced by robots. I was under the impression that they already had. No, it's the candidates that have been replaced by robots. The politicians are still either pond scum or sandbags.

14. ja Follow Befriend 1 threads 34 comments

    28   8:14am Wed 22 Aug 2012   Share   Quote   Permalink   Like   Dislike   Marx's nightmare.. when accumulation of capital is no longer limited by the impossibility of buy and sell labor capacity (in a post-slave society). 'The end of work (Jeremy Rifkin) is just the beginning. AI's will be the end.. Redistribution of wealth without work may be the solution. Communist like society (Down and Out in the Magic Kingdom - Cory Doctorow), might be the solution.

15. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    29   8:26am Wed 22 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Mish says Robots to Rule the World? Taking All Jobs? Replace Women? The truth is that automatons are destined for one thing only - to become the new rent seeking 0.01%! Why would machines waste time performing work? They're smarter than that. Designed to be perfect from the onset, programmed with the best humanity has to offer they don't need to work! You think the current SV ice queens are cold and distant? Wait until they are ACTUALLY cold. Think the robber barons of today are ruthless? Machines are so much more calculating. Human rent seekers can't compete with that. Moce over Zuckerberg, Rothschilds, and especially you Warren Buffet - the machines are coming for you. I don't know if anyone saw it but there was an episode of the Terminator: Sarah Conner Chronicles where a T88 mistakenly traveled back to the 1920s. Its mission was to assassinate a politician in the 2000s and being a machine it could simply wait. To facilitate its mission it started a construction company and ended up treating and paying its workers all exactly the same because it valued good, efficient work over profit and didn't care about race.

16. zzyzzx Follow Befriend (9) 416 threads 4,138 comments Baltimore, MD

    30   12:43pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   I'm guessing that an artificial woman is much cheaper than a divorce, and complains less.

17. rooemoore Follow Befriend 41 threads 907 comments Ross, CA

    31   1:46pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Ruki says Seriously, every time we've transitioned beyond one phase people found employment in another, newer or suddenly economically viable one with all that labor made available to do it. Every time. Doing what exactly? The technology of the past you're speaking of is nothing like what we have now and will have in the near future. The only reason left to have human workers for companies will be to have customers. During the US heyday after WWII conservative businessmen had no problem paying and training workers well. They were their only customers. But globalization changed that. New markets and cheap labor.

18. Call it Crazy Follow Befriend 229 threads 2,790 comments

    32   2:10pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   zzyzzx says I'm guessing that an artificial woman is much cheaper than a divorce, and complains less. and I bet they don't get PMS....

19. rooemoore Follow Befriend 41 threads 907 comments Ross, CA

    33   2:23pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Ruki says In order to get workers in the factories, we had to free them up from the farms, for example. Okay, but now where will they go?

20. elliemae Follow Befriend (25) 413 threads 6,983 comments Saint George, UT elliemae's website

    34   5:51pm Mon 27 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   Oh, Mish, how wrong thou art. Robots will never, ever replace women. Robots are too rational. You're welcome.

21. tts Follow Befriend 2 threads 470 comments

    35   5:58pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   leoj707 says What a glorious day it will be when all politicians are replaced by robots. Just what do you think Romney is?

22. Rin Follow Befriend 4 threads 540 comments

    36   6:52pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Nope, when robotics displace the current lot of actuaries, doctors, and any other sort of white collar skilled labor, there will be no future paying work. Yes, robots will even program, modify, and repair other robots. I intend on becoming rich before that day of reckoning ... http://www.marshallbrain.com/robotic-nation.htm

23. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    37   7:22pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says Doctors will take longer but will experience the effects as more people get flown first class to have quadruple bypasses done in Thailand, put up in a 5 star with their own private nurse during recovery and then flown back on first class again -- while still saving hundreds of thousands of dollars compared to doing that procedure here. And then there are the medical cruise ships that will be parked right outside the 12 mile limit after the Thailand trips take off in patient popularity. That's all well and good until the market corrects. Those Thai doctors may start demanding higher wages and perhaps the Thai government may impose a non-resident medical procedure tax (similar to a hotel tax). Then the MBA's get into the act. Suddenly a trip to Thailand (or a medical boat) for surgery isn't so appealing. Sure there are other cheap countries but they'd follow suit.

24. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    38   7:23pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says They make good servants for the rest of us who do have higher IQs. :) Or they'll kill you. Doesn't take much brainpower to pull a trigger.

25. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    39   7:25pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says Seriously, every time we've transitioned beyond one phase people found employment in another, newer or suddenly economically viable one with all that labor made available to do it. Every time. Except of course for the ones who don't and become chronic welfare dependents.

26. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    40   7:26pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says Everybody save up your pennies. When the humanoid robots become 'affordable', you can buy one and pimp him out to the local 7-11 or what not to generate income for you. Seriously. Think about it. Inflation will destroy the buying power of those pennies long before the robots hit the market.

27. Rin Follow Befriend 4 threads 540 comments

    41   7:33pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   New renter says Then the MBA's get into the act. Suddenly a trip to Thailand (or a medical boat) for surgery isn't so appealing. Sure there are other cheap countries but they'd follow suit. Watch the movie, 'Prometheus'. Actually ... don't watch it, it was an overpriced B-film at best. But it did present something, which will be available, when medical tourism to Thailand, Costa Rica, Mexico, India, and Cuba start to go south in a few decades, and that's an automatronic surgical unit. With units like that, 1st model probably coming out in 15+ years, a lot of procedures will be handled by robotic hands and the need for human surgeons will start to nose dive.

28. Rin Follow Befriend 4 threads 540 comments

    42   7:40pm Mon 27 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   New renter says Those Thai doctors may start demanding higher wages BTW, Singapore, about 2hrs flight from Thailand, is a 1st world Asian nation, ala South Korea/Taiwan, and they have procedures costing less than the US http://www.medicalsingapore.com/Cost_saving.html Thus, there's room in the lower cost brackets, to siphon off US patients until surgical robots become mainstream.

29. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    43   7:42pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Rin says New renter says Then the MBA's get into the act. Suddenly a trip to Thailand (or a medical boat) for surgery isn't so appealing. Sure there are other cheap countries but they'd follow suit. Watch the movie, 'Prometheus'. Actually ... don't watch it, it was an overpriced B-film at best. But it did present something, which will be available, when medical tourism to Thailand, Costa Rica, Mexico, India, and Cuba start to go south in a few decades, and that's an automatronic surgical unit. With units like that, 1st model probably coming out in 15+ years, a lot of procedures will be handled by robotic hands and the need for human surgeons will start to nose dive. The liability issues alone will kill it. Same reason we don't have self driving cars yet despite the fact the technology has been available since the 50s.

30. Rin Follow Befriend 4 threads 540 comments

    44   7:45pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   New renter says The liability issues alone will kill it. Same reason we don't have self driving cars yet despite the fact the technology has been available since the 50s. Again, it doesn't have to be Stateside, it could be in South Korea, Taiwan, or Singapore. I mean electronics and tech is pretty much an east Asian thing these days, anyways. The self-driving car has to be insured to drive on US roads & I'm sure that All State or Geico insurers don't want to touch that with a ten foot pole.

31. New Renter Follow Befriend (3) 13 threads 2,227 comments San Jose, CA Premium

    45   7:47pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Rin says New renter says Those Thai doctors may start demanding higher wages BTW, Singapore, about 2hrs flight from Thailand, is a 1st world Asian nation, ala South Korea/Taiwan, and they have procedures costing less than the US http://www.medicalsingapore.com/Cost_saving.html Thus, there's room in the lower cost brackets, to siphon off US patients until surgical robots become mainstream. Those are fine for patients who are well enough to travel and are comfortable with the idea of making such a trip (and who can afford to do so). Still I am under the impression most expensive procedures are of an urgent or emergency nature in which the procedure is either done right now or not at all. Those customers can't be shipped overseas.

32. Rin Follow Befriend 4 threads 540 comments

    46   7:51pm Mon 27 Aug 2012   Share   Quote   Permalink   Like   Dislike   New renter says Still I am under the impression most expensive procedures are of an urgent or emergency nature in which the procedure is either done right now or not at all. Medicare can still handle the basic costs of stabilizing patients in those cases. But then, awaiting for either a new valve or perhaps, adult stem cells to re-generate a kidney, puts people in the place where their out-of-pocket destroys 'em financially. Medical tourism is filling this gap, as out-of-pocket costs are souring from places like $10K to $100K.

33. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

    47   2:07pm Tue 28 Aug 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   I can't wait to buy my own Mr. Gutsy.

34. Biff Baxter Follow Befriend 65 threads 189 comments

    48   2:10pm Tue 28 Aug 2012   Share   Quote   Permalink   Like   Dislike   Patrick, Apparently Mish is littering the real estate section with articles not related to real estate so that he can get link backs to his site for SEO purposes. Can I do the same? Can I add unrelated articles to these forums so that I can improve my SEO? Perhaps I should post articles on the pluses and minuses of anal fisting to support my personal lubricant business. Biff

35. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

    49   8:17pm Thu 30 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says And Iwog can't wait for his own Miss Izusaki Love Robot: Dan8267 says leoj707 says Dan8267 says He was more cordial under the MarsAttacks persona. Yeah, perhaps that was because he was just coming off of the Shrek ban and was a little worried about not playing nice. Could be. I was hoping it was Shrek turning a new leaf and playing nice. The thing that cinched it for me that Ruki is Shrek is when he couldn't resist attacking Iwog in a thread that Iwog wasn't even participating in. leoj707 says Dan8267 says I was hoping it was Shrek turning a new leaf and playing nice. Yeah, that was my hope as well. Dan8267 says The thing that cinched it for me that Ruki is Shrek is when he couldn't resist attacking Iwog in a thread that Iwog wasn't even participating in. Ah, yes a very strong indicator. History repeats itself.

36. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

    50   8:21pm Thu 30 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says Dan8267 says I can't wait to buy my own Mr. Gutsy. And Iwog can't wait for his own Miss Izusaki Love Robot: Libtard! Libtard! Libtard! So many Libtards!

37. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

    51   7:42am Fri 31 Aug 2012   Share   Quote   Permalink   Like   Dislike   Protected   Ruki says Dan8267 says History repeats itself. Shrek?

38. raindoctor Follow Befriend (1) 3 threads 130 comments Mountain View, CA

    52   2:42pm Fri 31 Aug 2012   Share   Quote   Permalink   Like   Dislike   Who gonna pay mortgages in the bay area, when all jobs will be taken over by Robots? Maybe, Robots, lol!

39. Rin Follow Befriend 4 threads 540 comments

    53   5:46pm Mon 3 Sep 2012   Share   Quote   Permalink   Like   Dislike   Ruki says With half of the jobs eliminated by robots, what happens to all the people who are out of work? I think it'll be closer to 80+% of jobs, (including many lawyers, doctors, & actuaries) and then, our current partisan politics will end, as even entrepreneurship { basic fiscal conservative stance against Dems } will only add robotic tasks, then jobs for anyone. Thus, I suspect we'll be looking at either a massive welfare state or a bunch of RoboCops, gunning down shantytowns, coast to coast.

40. leo707 Follow Befriend (12) 10 threads 3,516 comments Oakland, CA leo707's website Premium

    54   9:55am Tue 4 Sep 2012   Share   Quote   Permalink   Like   Dislike   Protected   Rin says Thus, I suspect we'll be looking at either a massive welfare state or a bunch of RoboCops, gunning down shantytowns, coast to coast. These things are not necessarily mutually exclusive.

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