Quote:
Originally Posted by Relentless
Incidentally, you might call it 'trickle up economics.' A hard floor that nobody can fall below and everyone can use if they choose... It will only be a transitional phase for decades. Centuries from now, do you really think more than 10% of us will be needed to keep everything running? I'd be shocked if more than 1% of us have a job by then. Considering the fact that people on this board are webmasters automating massive amounts of work every day, I find it ironic that most have not considered the fact that we will eventually produce more than we need with very few of us working.
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I don't necessarily agree with your claim, over the past decade, unemployment was always <10%... I don't see any reason why next decade would be much different...
You pointed out earlier in the thread that some jobs are now gone...
sure, we no longer have bank tellers, but now we have webmasters, we no longer have "Street Light / Exterior Electrician", but now we have satelite dish installers... we have fewer check out clerks, but we have more computer repairmen... etc
Those that are willing to retrain, have a job now and will have a job in the future...
