Sunday, May 15, 2016

"automation is set to replace human jobs across broad sectors of the U.S. and world economies"

“[T]he Bank of England is preparing for automation to shed 80 million American jobs and 15 million British jobs within the next 10 to 20 years. This is approximately 50% of the U.S. and British workforce. Forbes has put the number at 45%.”

 ...robots and technology can liberate humanity from manual labor.

..automation of the world’s economy will reshape society as we know it. Minimum wages will no longer protect workers as employers shift to using robots who will never ask for breaks, pay, raises, or healthcare. Worker unions may essentially be rendered useless. Militaries will eventually no longer need humans to fight wars. Additionally, Uber, Lyft, taxi and limousine drivers, and other driving jobs could soon be replaced by self-driving cars as automation also changes the way we think about transportation altogether..."