Quote:
Originally Posted by Barry-xlovecam
I don't have any children so my opinion is not influenced by emotion.
I entered the job market in 1973 and endured recession after recession as well as the first effects of automation. Things were not easy. Things are the same today really it is just that the Millennials are facing the same crisis albeit more inequitable.
|
Things won't be the same tomorrow.
Quote:
|
A lot of the wealth in China is from limited capitalism in the communist state. The products made in China with cheap labor (where possible) will be made by robotics (robot workers) in the nations that are technically able to do it. The workers in the Chinese factories will return to the fields as substance farmers unless they can develop a locally supported market that is not reliant on massive exports.
|
Will those robots be in the US and the profits shared. Or the Far East and profits in the hands of a few?
Quote:
|
Workers in the USA will not be that greatly affected. Those with good skills have good jobs. The McJobs and Wally World Workers will still be needed but less and less as automation and robotic jobs displace some.
|
What skills are you referring to? Think of a World like the late 19th Century. High Skilled Blacksmiths worked for very little. Same as most of the people who built the magnificent houses of the era. Again what skills do you think you can acquire that can't be done cheaper in China, that's assuming China isn't #1 and employing only Chinese.
Quote:
|
The Romans had the Colosseum and handed out bread to the hungry -- that is minimal support for people that give minimal work -- for whatever reasons.
|
And we have TV, the Internet and cheap imports. For now.
Quote:
As for the education system:
The school district here (K-12) spent $50 million on one new elementary school and remodeling the high school (originally built in the 1970s) -- I am paying $150 a year for 20 years assessed on my property taxes to pay off that school district bond debt. A large part of the remodel expense was in building computer labs and other technically oriented learning centers towards training of the basic skills for the kind of work that will be available.
If there was a county wide assessment of $200 a year on my property for vocational community college school facilities, fixtures and equipment that was making a serious effort to deal with this coming issue I would probably vote for it.
|
You're assuming they will have decent jobs to go to after school.
Quote:
|
A basic annual income tax would be maybe cost 15% in an across the boards tax increase. No, I don't want to donate 15% of my taxable income to people that cannot or wont work if they are physically able but mentally deficient for retraining -- you are out of your fucking mind?
|
What happens if Xlovecam goes to the wall or is bought out by Mindgeek? you might be one3 of te people woring in Wallyworld.
Quote:
|
Maybe 50 million workers are going to be displaced -- 50% of them can find new work and 20% can learn new skills. The other 30% are going to have a shitty existence. But that is not my fault ...
|
Maybe only 10% of them can find a new job paying the same amount. The rest have to tighten their belts or have a shitty life. These are your customers. so your income drops.
When Budda was alive, the world wasn't changing. Today you have to think of tomorrow.
Quote:
|
^ that said I got work to finish by the end of the month.
|
Imagine losing 5% of you market every year due to the people not being able to afford to buy. Add 20% going to the new Cam sites.
You obvioulsy can't think of adapting. So what comes next?
