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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (741094)9/23/2013 12:43:23 AM
From: bentway  Read Replies (1) of 1577172
 
"We really just don't need labor like we once did, and that is going to continue for the foreseeable future. I really don't know what people without skills are going to do 20 years from now."

That's true. But your missing that software like Watson will replace "brain" workers that rely on knowledge but only programmable creativity. So, those jobs will be going too. Those jobs pay more, and software can be much cheaper that a robot/software combination.

It's a real question how we will deal with that with an economy that runs on consumption and employment, when you have automated production and services but no one to buy all those products and services. It will require some major changes in a much more socialist direction.
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