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Martin Leicht

Evidence That Robots Are Winning the Race for American Jobs - The New York Times - 0 views

  • For every robot per thousand workers, up to six workers lost their jobs and wages fell by as much as three-fourths of a percent,
  • the theory goes, new technology has created new jobs for software developers and data analysts
  • very little employment increase in other occupations to offset the job losses in manufacturing.
  • ...15 more annotations...
    • Martin Leicht
       
      What will the displaced workers do in the future? They all can not work at Starbucks? They can't go work at the movies either as iTunes makes it easier to see movies at home. Can they become software engineers?
    • Martin Leicht
       
      So do we ensure we/students have the skills to transfer jobs/roles easily? The challenge of manufacturing to healthcare is difficult. The ability to learn, stands at the forefront of skills to acquire.
  • worked in Detroit for 10 years, you don’t have the skills to go into health care,” he said. “The market economy is not going to create the jobs by itself
  • Steve Mnuchin, who said at an Axios event last week that artificial intelligence’s displacement of human jobs was “not even on our radar screen,” and “50 to 100 more years” away
    • Martin Leicht
       
      Is this not a red flag in itself that the Trump Administration does not see the rise of AI as a challenge a bigger challenge?
  • and that number will rise because industrial robots are expected to quadruple.
    • Martin Leicht
       
      2.4 million robots in the workforce. They do not give a time frame?
  • but the effect on male employment was up to twice as big.
  • In an isolated area, each robot per thousand workers decreased employment by 6.2 workers and wages by 0.7 percent. But nationally, the effects were smaller, because jobs were created in other places.
  • If automakers can charge less for cars because they employ fewer people, employment might increase elsewhere in the country,
    • Martin Leicht
       
      Is this our experience that automaton enters the equation and prices get cheaper? That would be a great research project to look into.
  • cannot replicate human traits like common sense and empathy
  • new jobs created by technology are not in the places that are losing jobs, like the Rust Belt
  • From 1993 to 2007, the United States added one new industrial robot for every thousand workers — mostly in the Midwest, South and East — and Western Europe added 1.6.
  • like machine learning, drones and driverless cars — will have similar effects, but on many more people
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