This article talks about different
ways that humans can beat the recent increase in robots. The increase in robots have caused many to
lose their jobs, and those whose jobs have been automated are having trouble
finding new ones. Economists came up
with some polices that they think could help.
One idea is people need to learn new
skills to work in the new economy. To
accomplish this, we need to see an increase in college enrollment and
graduation rates. More and more jobs
require a college degree and the unemployment rate for those who stopped their
education after high school is 6% higher than those who graduated from
college. A solution for those who do not
have the ability, the time, money, or drive to go to college could be
vocational training, where they would learn on the job. One problem could be
that these jobs might be next in line to be automated. This would set these
people back even further.
Another idea is to create new and
better jobs, jobs that cannot be automated easily. Jobs that provide services, like health care,
child care, elder care, and education are growing, which jobs in manufacturing
and warehousing are disappearing. The
government could subsidize private employment or even volunteer jobs. The public sector needs to create jobs if the
private sector is failing to do so.
Jobs in manufacturing are not going
to return and more will be lost as jobs continue to be automated. The automation of jobs will eventually crease
new, better jobs, or it will put many out of work. It will be interesting to see how this
situation is handled and how long it will take.
2 comments:
When talking about people learning new skills, it is important to note that these robots will still require humans to work them, whether that is maintenance, assembly, etc.. The U.S economy heavily favors the service industry and I believe that this where new jobs should be created that cannot be automated. It will be interesting to see how President Trump affects technological process and the new creation of jobs.
Interesting commentary on this issue comes from Bill Gates, sparking the larger debate on how to approach the next technical revolution.
https://qz.com/911968/bill-gates-the-robot-that-takes-your-job-should-pay-taxes/
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