Will automation take away all our jobs? | David Autor

🎯 Key Takeaways for quick navigation:

A pesar de la introducción de cajeros automáticos en EE. UU., el número de empleados bancarios ha aumentado en los últimos 45 años.
La paradoja radica en que a lo largo de la historia, las invenciones para reemplazar el trabajo humano han aumentado la cantidad de empleo en lugar de reducirla.
Esto se debe a dos principios económicos: el principio del "anillo en O" y el principio de "nunca es suficiente".
El principio del "anillo en O" implica que muchas tareas requieren una variedad de habilidades y la automatización de algunas tareas aumenta la importancia de otras.
El principio de "nunca es suficiente" señala que a medida que la tecnología nos libera tiempo, creamos nuevos productos y servicios que generan más trabajo.
Sin embargo, el desafío actual es la polarización del empleo, con un crecimiento en trabajos altamente educados y de baja habilidad, pero una disminución en trabajos de nivel medio.
La clave para abordar este desafío radica en nuestras instituciones, como la educación, y en cómo utilizamos la riqueza y la tecnología creadas por la automatización.
A lo largo de la historia, se han planteado preocupaciones sobre la obsolescencia del trabajo debido a la tecnología, pero la humanidad ha demostrado una y otra vez su capacidad para encontrar nuevas formas de empleo y progreso.

Made with HARPA AI

Now let’s frame this new scenario. 2023 population decreases as AI investigation increases

People cheering on automation are typically very idealistic or lack the foresight to understand the issues with having a large percentage of the population unemployed

Is this guy a Robot? 🤔🥸😞

history...history...history. This person pretends to be a genius without knowing that AI is nothing like any of the technological advancements in the past.

Automation will allow humans to learn to redistribute richness and focus on artistic goals and we might don't have to overwork ourselves anymore.
We work to live not live to work and if machines can help to improve the economy for everyone, then we should push towards that.

One of the best Ted talks. Very eye opening.

Pay attention to the way these economists describe this issue, “Why are there so many jobs? Because of human creativity and ingenuity.” They forgot to mention that these people whose survival and livelihood are threatened have to come up with new ways of making money to not starve. To these people, humans are just statistics.

I hope I'll get high grade from L&S quiz))

17 MINUTES c'est beaucoup trop long frero pour raconter une histoire fais moins la prochaine fois ;)

Wise man, if we do not invest in education promote creativity will result in unemployment. Unfortunately this demands huge amounts of capital and a government that has the maturity to care for it's citizens.

Maintenance and technician jobs for machines will still exist. Most people, though, will work in creative jobs like artistry, streaming, video making, etc.

There's a big assumption that we will need to continue to work.

A factory owner replaces humans with machines, making all the workers without pay. More jobs than just the factory ones will make this happen. And it makes sense, machines don't need breaks or pay and they don't take sick days right? Well, if robots make half the population of the country lose their job, being without money, they will have no one to sell their products to, no one to drive around, no one to repair their fricking ovens to. Just my theory, ngl i think it makes sense

Use past examples to predict future events is not the smartest way to bet on humanity

You still need troubleshooters, technicians, and mechanics to fix the automation when it's down, but those jobs will require extensive education and training... The unfortunate part is that many of the younger generations are more obsessed with instant gratification, and don't want to put in the time and effort to be qualified to perform these occupations!

A positive outlook but one that i feel is missing something.
Before machines we brute forced out work with hard labor. Then we automated it.
Then we made computers and we have been brute forcing the coding now we are learning to automate it.

With the internet we learned to make stuff available online, It was a lot of brute forced labor that we are no making efficient. Automated even at times.
Transportation has been a long time issue we have brute forced as well. Now enormous resources are being pumped into making it automated and efficient.

In the 17-1800s machines took physical jobs sewing, farming, blacksmithing, It required energy and resources so mining freaking exploded in demand.
When computers removed a lot of industrial jobs, Coding swallowed huge amounts of workers alongside computer operators.

But now its not just a machine taking over a production line or doing craftsmanship better or a computer reducing the need of work on a menial task.
The machines are becoming better by large margins reducing the need for entire factory sections. Sometimes one machine can replace an entire factory.
Robots are reducing the need for workers in entire factories
AI are reducing the need for workers supplying the factories and managing the factories.

now lets move away from factories. Robots are being introduced into almost every market imaginable.
AI is also being used to enter as a digital robot into the computer market.
And Software is being developed to do digital work the way physical machines do mass production.

All i see left is. Research, development and education. That could be large workforce hogs swallowing the masses of people needing work.
I'm not worried about the jobs disappearing I'm worried about the jobs becoming too efficient. We can create new jobs today but our efficiency is so high we can practically automate half of it by tomorrow. That is my worry previous booms and revolutions still took decades to advance now we are down to a few years. Soon it will by the year and month count that is how fast its starting to get.

Just wow

Business investment in new technologies that replace work may ultimately not happen because they won’t be able to move the goods made by these machines off the shelves. Better to pay a workforce to contribute towards consumption.