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Re:Markets, Rent and WFH by jedberg on Thursday July 02, 2020 @01:13PM (#23715448)
The US economy is fairly diverse and adaptable. While a lot of jobs you are used to have or will disappear, new jobs will take their place. It's already happening.

I just saw an ad for a "contactless remote video broadcast studio". It's like an RC cart with a pro camera and teleprompter. Someone comes in a van and drops it at your front door, and then it gets remotely driven around your house until they find the filming spot. Then the director controls it remotely while directing you.

So we have the "camera delivery driver" and "cart maintenance" jobs that were created. That business will also need vans to drive the equipment around. And the director gets to keep their job and so does the actor.

There will for sure be a lot of short term pain as people adjust to the new reality, but the jobs will shift and people will come up with new ideas. The existing diversity of our economy will help a lot.

Re:Markets, Rent and WFH by paulcole on Thursday July 02, 2020 @01:54PM (#23716025)
> So we have the "camera delivery driver" and "cart maintenance" jobs that were created.

How many jobs were lost to create 2 jobs? The cameraman? The union goes who do lighting, sound, etc.? The support staff for the on-site crew?

Re:Markets, Rent and WFH by jedberg on Thursday July 02, 2020 @03:23PM (#23716978)
That's just automation losses though. But the point is, the economy is already shifting and adapting. The adaptations take time, but it will come.