Re:Predictions of massive job losses to automation miss data...
by mc32 on Sunday May 14, 2017 @03:42PM
(#14337209)
It seems like while the developed mature economies (Europe, NAmerica, NEast Asia) will fare okay if they can "retrain" their workforces, lesser developed economies will suffer because: developed economies will not need to export labor to cheap labor locales and two the demographics of developing nations mean they won't have jobs for those people. So either they put a lid on their pop growth or they will suffer from lack of jobs for all those people since developed nations will not be vacuuming cheap labor up and instead will automate those jobs in their economies.
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Re:Predictions of massive job losses to automation miss data...
by bluedino on Sunday May 14, 2017 @04:39PM
(#14337464)
We still have all the laid off manufacturing workers from the last 20-30 years that we couldn't retrain
Re:Predictions of massive job losses to automation miss data...
by beaconstudios on Sunday May 14, 2017 @04:08PM
(#14337321)
here's hoping that this leads to less labour arbitrage and exploitation, and more developing nations investing in their own locally-beneficial industries.
Re:Predictions of massive job losses to automation miss data...
by intended on Monday May 15, 2017 @01:17AM
(#14339325)
By definition of global trade, the locally beneficial industries won't survive if the firms in the west take off - those firms will undercut even developing world prices and sell to those markets.
The question is what do those markets offer in return?
Re:Predictions of massive job losses to automation miss data...
by beaconstudios on Monday May 15, 2017 @04:03AM
(#14339931)
not necessarily, with logistical costs to transport goods. The alternative is that those firms start up local factories, but then that's helping the local economy. With digital goods, many Western products aren't translated or localised. Even with translation, there are a lot of cultural artefacts built into software products that may translate to a poor user experience in other cultures.