New technologies and job losses

Sheltie

Fratty and out of touch.
I've been thinking a lot lately about the dramatic changes we've seen in the working world in the last few years.

Most of the jobs I worked when I was in my 20's no longer exist because they've been eliminated due to automation or outsourcing. I worked for years as an accounting clerk, for instance, reviewing spreadsheets and paying bills. Many of the clerical office jobs are now done by computer and bills are paid electronically.

Technology increases exponentially. Many of the changes will occur before we even have a chance to notice.

It's estimated that self-driving vehicles alone could eliminate more than 3 million jobs in the US. Trucks, taxis, delivery vehicles, fork lifts, all will be self driven sooner than we realize.

The bulk of jobs being created in the US are highly skilled, extremely specific jobs that a limited number of highly educated people will be able to perform. I have serious fears about what the future economy will be like for people in their teens and 20's today.
 

nivek

As Above So Below
Add to what you said an ever faster growing population and things get more unbalanced...The number of humans on this planet is growing at a fast pace, about as fast as the development of automaton technology taking jobs away...

...
 

SOUL-DRIFTER

Life Long Researcher
Population growth is a problem and will remain one until it is stopped or reversed.
Yes and automation will get cheaper and become much more reliable. Making products cheaper and with more accuracy.
CAD/CAM will be the norm one day soon which for large industries will vastly reduce the need for workers.
Crime will rise drastically then.
How soon will it be that we will see robot police?
Artificial humans or androids.
Teleportation, the next big leap forward in transportation?

Technology will change the world we know that. It just becomes a question as to what will be discovered next and become the norm.
 

pigfarmer

tall, thin, irritable
I look at what my brother and I did for a living, and what our older relatives did. A lot of this has already come true.
Each generation has its own angst.
 

nivek

As Above So Below
I look at what my brother and I did for a living, and what our older relatives did. A lot of this has already come true.
Each generation has its own angst.

Once the personal computer became more cost effective and spreading more through all parts of life I saw the need for myself to make many changes and adjust my working knowledge and experience to keep up with the times and fortunately keeping myself still relevant as the times did change over the course of my 40 years of work and education, a history that's behind me now coming up on 55 years of age...

...
 

spacecase0

earth human
the job of secretary is almost gone already
more will follow
but as more and more people don't work, they will not have money,
so the price of the few things left for sale will drop
I expect the final result to be something like was depicted in star wars
you will see a mix of super high technology and primitive technology that costs only labor
 

pigfarmer

tall, thin, irritable
I have remained quite current but have essentially flamed out; technology is welcome to my old technology job. It was a literal, proven killer in my experience. I figure after all these years I can keep myself amused elsewhere and continue breathing.

I do not envy the employment path for anyone under the age of 20 anymore. I will say though, that people who can motivate themselves will always do reasonably well. All too often we prefer to sit on our asses, complain and play victim.
 

Standingstones

Celestial
I’ve thought that those younger people who have a meaningful degree, such as medicine and computer technology will do just fine. Those with no skills or training will end up scraping by.
 

Sheltie

Fratty and out of touch.
I was talking to an old friend yesterday who works in the production control room at a local television station. He has worked there for 6 years and before that he worked at the local PBS station for over 20 years.

Local television is experiencing many of the issues local newspapers and radio stations are experiencing. They're no longer highly profitable. There have been a lot of mergers and acquisitions in the industry. His station was recently purchased by a big conglomerate who has made it clear that many jobs will be eliminated. He is fairly confident he will lose his job but there is always a chance they might keep him.

He's already looking at other fields where he might be able to start a new career. His years of experience in local broadcast have given him a strong local network of contacts he can hopefully rely on.
 

Sheltie

Fratty and out of touch.
the job of secretary is almost gone already
more will follow
but as more and more people don't work, they will not have money,
so the price of the few things left for sale will drop
I expect the final result to be something like was depicted in star wars
you will see a mix of super high technology and primitive technology that costs only labor

I worry about this also!
 

Sheltie

Fratty and out of touch.
I’ve thought that those younger people who have a meaningful degree, such as medicine and computer technology will do just fine. Those with no skills or training will end up scraping by.

I hope you are right. I have friends and relatives who work in the IT field and they tell me that the skills in demand are constantly changing. It's a mad race to keep up with the specific skills employers want. Even if you do stay on top, many of the IT jobs can be outsourced overseas.
 

Standingstones

Celestial
My neighbor lady is a reporter for the local newspaper. She is crossing her fingers that she will keep her job. The paper is down to publishing three times a week. The Sunday paper is thin. There is virtually no advertising these days. I don’t envy those folks who work in these dying businesses.
 

coubob

Celestial
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The Impact of Artificial Intelligence - Widespread Job Losses | IoT For All
 

Georgek

George
I've been thinking a lot lately about the dramatic changes we've seen in the working world in the last few years.

Most of the jobs I worked when I was in my 20's no longer exist because they've been eliminated due to automation or outsourcing. I worked for years as an accounting clerk, for instance, reviewing spreadsheets and paying bills. Many of the clerical office jobs are now done by computer and bills are paid electronically.

Technology increases exponentially. Many of the changes will occur before we even have a chance to notice.

It's estimated that self-driving vehicles alone could eliminate more than 3 million jobs in the US. Trucks, taxis, delivery vehicles, fork lifts, all will be self driven sooner than we realize.

The bulk of jobs being created in the US are highly skilled, extremely specific jobs that a limited number of highly educated people will be able to perform. I have serious fears about what the future economy will be like for people in their teens and 20's today.

Not if you are plumber my son!

Be a plumber and you are made for life.

Try and get one and it is almost impossible.

As for being cultured, there is less coarseness in a sheet of sandpaper than what comes out of their mouths.

They charge about $275 an hour or £135 and make sure that you get 6 or 7 to come as you will be lucky if you get one.

We had 2 out of 4 radiators working 4 weeks ago and now we have none. So I am gonna do the jb myself and have bought a new radiator and fixed the gas fire. It's the toilet that I don't like doing.


Pretty much like builders here in the UK...oh my God!

They start a job, leave your house in bits and go for other work, hoping to come back next year?

Poor Robert next door wanted a a Summer house building. It is like living in a cool house with air con but back to front as we have to go to Spain or the States to keep warm.

I still have his bits in our driveway.

Over here in February they start wearing Bermuda shorts in January cos the y can't tell the difference when it is July.

If it does get to about 23 degrees they end up jumping into the River Trent a bit like your Malibu but not as warm.

As for jobs....they have about twenty kids and never have to work and go to Tesco for the latest food banks.

If you ever do save any money here, the government will take it legally.

They built a new taxation office just across the canal where they have their car park and invite you for a coffee.

Some of the poor souls never make it past the canal back to the car park I recon.:eek:
I was happier when I was poor and totally disillusioned after wards.

Stay poor my son. You end up with more people feeling sorry for you, (they like to show to their friends what caring people they are) providing you work for nothing and die young.

I thought they would love me more if I succeeded but they hate me more!

3d-render-of-an-android-fixing-a-leak-E3NNWX.jpg


George
 
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pigfarmer

tall, thin, irritable
in the IT field and they tell me that the skills in demand are constantly changing. It's a mad race to keep up with the specific skills employers want

Yes. Skillets have become very granular and certifications more so. Shelf life of either is limited. Broadband and cloud providers give you access to Prettymuchwhateveryouwant-As-A-Service. Times are changing and you either change with them or get left behind. Or voluntarily get off the bus.
 

Georgek

George
Are you trying to say you're full of s**t ? :) (easy, just kidding ......)

Not everyone is cut out for academia, fortunately.
Lol.....it is just what I may discover round the 'U' bend?

We have a Septic Tank at our other house.

Neighbours seem to be disappearing, so I will take the cover off one day and see what is down there.

What a away to go....not even a coffin or the contents of a flying wallet!

Reburial will be a concern. Every time the cess pit gets a clean out, it is like one of these nuclear fall out contamination sites with dead hedge hogs , rats and moles with four legs sticking up in the air.
There are five cess pits there and when there is a major clean out you need to wear a gas mask for a week. Nearly killed the whole village...lol
 

Sheltie

Fratty and out of touch.
Even the professions that are always in demand, such as doctors, plumbers, and auto mechanics, are often more difficult to practice than people realize.

A lot of neighborhood doctors, for instance, have moved, retired, or found new professions because the cost of insurance, supplies, and labor has risen so much. Running a small independent business is a lot more difficult than most people realize.
 

Standingstones

Celestial
The urologist I was seeing some years ago "retired" at an early age. He was seeing patients under the table who couldn't afford to pay and that wasn't allowed under Obamacare. I was told he had the shits of it and decided to call it a day. Too bad, he was a damn fine physician.
 

SOUL-DRIFTER

Life Long Researcher
the job of secretary is almost gone already
more will follow
but as more and more people don't work, they will not have money,
so the price of the few things left for sale will drop

I expect the final result to be something like was depicted in star wars
you will see a mix of super high technology and primitive technology that costs only labor

No, it will probably go up.
Price and demand. Greater the demand, the greater the supply and the lower of price due to competition.

If sales slump to much businesses will go out of business or go into a different business.
Commerce as we know it will change greatly over time.
Eventually we will become a free society.
Work is done free and in return all necessities are free.
But that is a world many centuries away yet.
 
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