News for hackers. Stuff that matters.
Re:The Next Industrial Revolution Could Put Millions Out of ... by ekianjo on Thursday September 29, 2016 @10:30AM (#12605476)
> If things like Robots take over blue collar jobs, I bet we will need the same humans to operate those Robots at some capacity. Computers, anyone ? And yes, may be AI will change things a bit more but I am sure we will come up with a way to manage that as well.

Exactly. It seems like most people on HN reason with the "work revolutions" being zero-sum games or something. It's been proven over and over again it never ends up being like that, despite the numerous revolutions the Human Race has seen. It's getting a little old.

Re:The Next Industrial Revolution Could Put Millions Out of ... by jklinger410 on Thursday September 29, 2016 @10:34AM (#12605513)
So for autonomous trucks how will human truckers keep their jobs? For the auto manufacture industry, how many less humans does Tesla employ to produce a vehicle vs in 1996? For the service industry...how many jobs are being replaced as McDonalds rolls out kiosks?

You are uninformed if you believe these jobs are staying. There is no way, mark my words, that our economy doesn't experience a net negative in jobs during this next revolution.

It's not all bad though, it could push us towards UBI, maybe a supply based economy. Otherwise we're basically saying jesus take the wheel.

A guy can dream.

Re:The Next Industrial Revolution Could Put Millions Out of ... by reverend_gonzo on Thursday September 29, 2016 @10:50AM (#12605698)
Jobs will definitely disappear, and some people will definitely suffer, but new jobs and new industries will rise up. Those who can adapt to changes will do just fine, and the rest, well, they will get left behind.

The world is changing, faster than it has in the past. No one know exactly what will happen, but there's a whole new generation of people who have no idea what it used to be like, and they will do their best to survive.

The economy, and life, will find a way.

Re:The Next Industrial Revolution Could Put Millions Out of ... by jklinger410 on Thursday September 29, 2016 @10:56AM (#12605739)
>but new jobs and new industries will rise up.

At some point you have to admit that there is a limit to the potential jobs that a society can support. You can hope these hypothetical new jobs get created, but I don't know how you can prepare for them.

I sincerely believe there is no way to invent enough jobs, by convenience or necessity, to replace the amount of jobs that will be destroyed by automation.

Re:The Next Industrial Revolution Could Put Millions Out of ... by ekianjo on Thursday September 29, 2016 @11:00AM (#12605775)
> At some point you have to admit that there is a limit to the potential jobs that a society can support

How about the people Google and Facebook and Twitter employ ? That's a huge workforce and these jobs were not predicted by anyone 15 years back.

And I'm not even talking about the network effect, i.e. businesses and freelancers and individuals who were able to build their businesses on top of the services offered by such companies.

And that's just a single industry. Look at how the solar panel industry is growing, or the smartphone industry (it did not exist 10 years ago), and look at all these companies living off it making apps and services around those.

Seriously, opportunities arise by themselves.

Re:The Next Industrial Revolution Could Put Millions Out of ... by vkou on Thursday September 29, 2016 @11:22AM (#12605961)
Google and Facebook have a combined market cap of 900 billion, and employ 70,000 people between the two of them. Their profit last year was ~20 billion.

Ford alone employs 200,000 people, with a market cap of... 48 billion. And a profit of ~7 billion. GM also employs ~200,000 people. With a market cap of... 50 billion. And a profit of ~7 billion.

Tech employs very few people, compared to the amount of money it brings in.

Re:The Next Industrial Revolution Could Put Millions Out of ... by ekianjo on Friday September 30, 2016 @09:59AM (#12612443)
You are not counting the jobs they enabled.
Re:The Next Industrial Revolution Could Put Millions Out of ... by ekianjo on Thursday September 29, 2016 @10:56AM (#12605744)
> You are uninformed if you believe these jobs are staying. There is no way, mark my words, that our economy doesn't experience a net negative in jobs during this next revolution.

People were saying the exact same thing when sophisticated machines were introduced in automotive industry manufacturing. Sure, some people could not convert and lost jobs, but everyone else moved on to be productive in other areas.

This prophecy of Doom is happening every 10 years or so.

Re:The Next Industrial Revolution Could Put Millions Out of ... by jklinger410 on Thursday September 29, 2016 @11:01AM (#12605782)
>Sure, some people could not convert and lost jobs, but everyone else moved on to be productive in other areas.

Tell this to the midwest, where the lie of our government's unemployment reporting is most obvious. It's honestly kind of offensive that you said that as I am from Michigan.

And as I have said in other comments (https://news.ycombinator.com/item?id=12605690), there are factors like the stagnant minimum wage and self-interest at play that have kept jobs in these companies that could be replaced currently let alone in 10 years.

I am not here to convince you to change your mind about potential job loss. Understanding the technology, our current economy, and the political atmosphere around jobs should be enough to convince you of this truth.

As others have said, maybe there are imaginary jobs that will be invented to make up for these losses. I'm sure the banks will do their best to make sure that happens.

Re:The Next Industrial Revolution Could Put Millions Out of ... by vkou on Thursday September 29, 2016 @11:29AM (#12606014)
So, when is the entire Rust Belt going to pack up, and move to be productive in other areas? Where are they going to go? San Francisco?

Is there some demand for the general skills of former lathe operators, that we've all missed?

Should millions of people start building websites that make money by advertising other websites that make money by advertising other websites?

Re:The Next Industrial Revolution Could Put Millions Out of ... by Grishnakh on Thursday September 29, 2016 @10:37AM (#12605552)
If you put all the taxi and truck drivers and burger-flippers out of work, what exactly do you propose they do for work in the new automated future? Any job they can do, a robot can do better.

If you're answer is "fix robots", that's fantasy. If these people had the capacity for highly technical jobs, they wouldn't be working as burger-flippers. And for the few exceptions who might have the capacity for it, they're not doing it because they don't have money to go to school instead of work, and that's not going to change either if society has the mindset of refusing to adopt UBI.

Re:The Next Industrial Revolution Could Put Millions Out of ... by tw04 on Thursday September 29, 2016 @10:40AM (#12605586)
So when assembly line automation occurred in Detroit, those people moved on to what positions? Because... it would appear the entire place is now in shambles and never recovered. Lots of people living in what can only be described as abject poverty with no hopes of EVER getting another job that will pay them what they once earned.
Re:The Next Industrial Revolution Could Put Millions Out of ... by rdm42116 on Thursday September 29, 2016 @10:54AM (#12605731)
First, Detroit isn't a closed system. Yes, those jobs are gone in Detroit-but people moved elsewhere.

Almost every major manufacturing industry is now automated, we don't have to go to the future to see the effects of automation.

These assembly line workers had to have gone somewhere, because if they haven't, we'd be experiencing extreme unemployment now-let alone the future.

Re:The Next Industrial Revolution Could Put Millions Out of ... by unprepare on Thursday September 29, 2016 @12:02PM (#12606308)
>because if they haven't, we'd be experiencing extreme unemployment

Born and raised and still live around Detroit. There is staggering unemployment.

I'm amazed that anyone believes otherwise...

Re:The Next Industrial Revolution Could Put Millions Out of ... by ekianjo on Thursday September 29, 2016 @10:49AM (#12605679)
Detroit is in shambles because it was a town living on a single Industry. That kind of model always spell doom, just like towns based on coal mining who ended up with massive unemployment. That's actually very predictable but does not represent the economy as a whole at all.
Re:The Next Industrial Revolution Could Put Millions Out of ... by gallerdude on Thursday September 29, 2016 @10:36AM (#12605535)
It's different this time around. Video that can explain this far better than I ever could: https://www.youtube.com/watch?v=7Pq-S557XQU