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17th May 2017, 05:35 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,797
| Robots Aren't Destroying Enough Jobs In a contrarian piece, one writer argues that robots destroying jobs isn't what we should be worried about: the actual concern is that they are not destroying enough of them, particularly in so-called "low-productivity" sectors that include health care and hospitality. He seems to suggest that unemployment is being exaggerated, especially in these areas, which happen to be resistant to automation and are "holding back the entire country's standard of living." ...low productivity sectors such as education, health care, social assistance, leisure and hospitality have added nearly 7 million jobs. Meantime, information and finance, where value added per worker is five to 10 times higher, have cut or barely added jobs. This calls for a change in priorities. Instead of worrying about robots destroying jobs, business leaders need to figure out how to use them more, especially in low-productivity sectors. Someday robots may replace truck drivers, but it's much more urgent to make existing drivers, who are in short supply, more efficient. Clean energy advocates boast about how many people work in solar power when they should be trying to reduce the labor, and thus cost, involved. http://www.hardocp.com/news/2017/05/...g_enough_jobs/ |
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