What will we do when machines do all the work?

Source: The Job Market of 2045 What will we do when machines do all the work?

Category: Employment, Video

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8 Responses to “The Job Market of 2045”

  1. DeDude says:

    The real question is: How will people make a living after the machines have stolen all the jobs? I am sure a lot of people would have no problem finding something to do, but in a free market capitalist society, how will they get money to purchase what they need?

  2. biggerpicture says:

    and what will power these machines in 2045?
    fossil fuel resources will be in steep decline by then.
    and it seems that most all “alternative energy” devices are manufactured by using fossil fuels.

    he doesn’t have an answer if 2045 will be utopia or dystopia.
    I think it’s fairly obvious.

  3. AtlasRocked says:

    The kids have to be growing up wondering about this now….truly mankind is at a very conflicted cross roads.

    Letting the gov’t decide how to spread the money around always ends is oppression and abuse.

    Either we (A) create a strong charity infrastructure, independent of gov’t, or (B) we succumb to communism, until they kill off the unneeded in the name of the state, or (C) some measure of tribal anarchy probably ensues where the smart-haves organize to keep the the don’t-haves from eating them.

    Probably won’t be pretty to watch. Option A will have the least amount of violence. Option B will kill off the unneeded the fastest, unneeded == least politically connected, could be those at the top or the bottom. Option C could be the best solution, so each tribe start searching for answers.

    We could be using the “50 states, 50 ideas” solution if we weren’t so federal-centric now.

    A centrally-planned economy is the WORST idea possible. Decentralization is most powerful in times of turmoil, and the US is INCREASING central decision making in the name of compassion.

    Incredibly ignorant management choice.

    • Joe Friday says:

      AtlasRocked,

      We could be using the ’50 states, 50 ideas’ solution if we weren’t so federal-centric now.

      That is SO early 20th Century.

      What in the world is the point of 50 different license plates, 50 different driver’s licenses, and 50 different sets of insurance regulations, and on and on ?

      Why do I still need state governments, when we could eliminate an entire layer of useless, anachronistic, bureaucracy as well as an entire level of inequitable and unnecessary taxation ?

      The federal and local governments (municipal or county/townships) are plenty.

  4. Joe Friday says:

    What will we do when machines do all the work?

    Consultants !

  5. dsawy says:

    Twaddle like this is why I’m no longer a member of the IEEE. They went downhill rapidly in the late 90′s when they started hiring liberal arts majors to scribble for their magazines and media.

    Here’s a tip from a retired EE: When you hear someone quote “Moore’s Law” as the evidence for some huge sociological change? They’re full of crap. All Moore’s “law” said is that the gate density in chips (in particular, memory chips) roughly doubled every 18 to 24 months.

    Moore’s Law said nothing about how fast software could be developed to do things like autonomous vehicles, which won’t come to pass due to the concentration of liability into the company that makes the sensors and software for such vehicles. Moore’s Law says nothing about how quickly technology might be adopted. And, because most of the people babbling about Moore’s Law don’t know jack about semiconductor physics, they are also unaware that there are actual quantum physical limitations on how tight gate pitches can become. Gate pitches and density increases are going to slow down in the next decade.

  6. quadrillion.me says:

    The solution is print money and give it to citizens.

    If people have issues with simply giving money, they can ask half to dig ditches and other half to cover them.

    Keynes was simply brilliant and foresaw this issue. That’s why he didn’t buy into ‘resource constraints’ and hence need to efficiently allocate it through capital.

    That’s why Keynesian model works in an Automated Robotic world, while Austrian economics leads to riots, under-utilization of capacity.

  7. Frwip says:

    Steven Cherry: So what professions will still be around in 2045, and in particular, what are the remaining sweet spots for our listeners, the sort of people who today are engineers and scientists?

    Moshe Vardi: You know, it’s really hard to say, because there are things that computers do that we really never imagined them doing. You know, we can think of the things that really require soft skills. Okay, the more it requires human contact and soft skills, the more I think this is going to be the piece that we’re very far from having. You know, we’re very far from having robots as salespeople that make cold calls to convince people to buy something. We are very far from this, okay, because these jobs really require human-to-human contact.

    Mmm. I have my doubts about “soft” anything. The very “soft” sale job he’s describing is the typical parasitic occupation our society can do very well without, a bit like car salesmen (all hail Elon Musk). It’s probably more a matter of jobs having to deal with the unexpected and the non-repeating. And I see a lot of that everywhere I look, at every levels of qualification. So I’m not too worried for humans, not even at the 2045 horizon, at least not from that robotic overlord threat.

    Also, funny they talk about shop clerks getting automated. But it’s not the shop clerks who are getting zapped into obsolescence by automated checkouts, but the shops themselves.