India will ban driverless cars in order to protect jobs

Re:India will ban driverless cars in order to protect jobs by poke111 on Monday July 24, 2017 @08:48PM (#14844129)

Because you create wealth by producing goods and services. Jobs are a cost, not the end goal. Sacrificing production for jobs gets it exactly backwards and makes us, in the aggregate, poorer, even though it makes a few people richer.

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Re:India will ban driverless cars in order to protect jobs by malchow on Monday July 24, 2017 @09:56PM (#14844476)

Nicely put.

I'd add that your response makes a tidy argument against the abusive public employee unions that hold public fisc hostage in the U.S. Right now, U.S. teachers' unions have crafted a public education industry that is a lot like what this technocrat in India might have conceived .

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Re:India will ban driverless cars in order to protect jobs by zghst on Monday July 24, 2017 @09:13PM (#14844254)

And it ensures that the economy is based on time and low pay rather than valuable skills or invention. It removes the incentives to innovate in areas of life that are time consuming but have lots of workers.

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Re:India will ban driverless cars in order to protect jobs by hackinthebochs on Monday July 24, 2017 @10:04PM (#14844511)

But jobs are how those goods and services are distributed. A country like India is not in a state to transition to basic income yet.

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