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A comment on Robots to Cut 200k U.S. Bank Jobs in Next Decade, Study Says. Parent comment

Re:Robots to Cut 200k U.S. Bank Jobs in Next Decade, Study Says by justaguyhere on Wednesday October 02, 2019 @08:15AM (#21135549)
There are usually two arguments presented when someone says software and robots are coming for many jobs - first, this has been happening in history, so nothing new. Second, the people who lose their jobs will move on to different and hopefully better jobs.

Both are true, but this time the scale and speed is the difference. Even in software which is considered a safe job, I am much more productive today than just a few years ago because of better tools, third party services, libraries etc. We are able to do a lot more with a lot less with every passing year.

This time it is different and it is not going to be pretty, unless we take a step back and look at ideas like Universal Basic Income etc.

One other mindset that is quite difficult to change (at least in the U.S) is tying a person's self-worth to the amount of hard work they put in.

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Re:Robots to Cut 200k U.S. Bank Jobs in Next Decade, Study Says by pnongrata on Wednesday October 02, 2019 @08:48AM (#21135789)
> Second, the people who lose their jobs will move on to different and hopefully better jobs.

They do move to different jobs, but most likely not better ones. An observable consequence of automation is to put pressure on the 'labor market', leaving fewer and fewer opportunities with increasing requirements for job seekers.

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