Andrew Yang's ideas on automation and mass unemployment are not based in reality
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Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#2Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#3I'm not sure if the author is claiming that the job displacement will be 1:1. Does anyone honestly think it would be 1:1? I don't think so. And if more jobs are disappearing than are being created, there is a net job loss; also the author agrees that the new jobs would be lower pay. Whether jobs will be created in entirely and unpredictably new industries is besides the point. Yang's point is that everyday people are inadequately prepared to make that transition to new jobs. He frequently cites data that the US federal government sucks at job retraining.
IF various tech companies are successful in their endeavors (and yes, that's a big if), it will be true that a lot of people will need to transition to something new. And given recent demos by various tech companies for voice AI tech (yeah, Google's really was impressive when it came out, and it will probably get better until it's commercialized one day), self-driving tech (I'm a skeptic for the short-term, but it will probably happen in the long-term), and etc, I think the subject is ignored at the working population's peril. Never mind self-checkout, which is already a reality and steadily gaining ground.
Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#4So they claim AP and Yang are incorrect but also state there is no consensus. This piece seems more like it is trying to justify the warren gaffe in the last debate by muddying the waters. The truth is be it automation or outsourcing our economy is changing and we need to be prepared for it.
Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#5Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#6Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#7The key takeaway seems to be while Yang says automation has displaced jobs there's a lack of academic consensus on the weight placed between trade policy and technology improvements; but everyone agrees both have had a significant effect.
Ok... so we shouldn't be coming up with a plan for how to address economic changes due to technology based on "it's historic effect has possibly been outweighed by other factors" even though we all agree it will continue to have an effect in the future?
Also just want to point out that anyone using the reported federal unemployment rate as a measure of overall employment health has already lost all credibility to write on the topic.
Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#8Uhm, that's halfway decent careers turning into far fewer and shittier jobs. That's jobs disappearing. And it ignores that eventually someone will automate even that part away, it'll just take a bit longer.
The article just seems to just be a series of quibbles that don't show Yang to be wrong in any meaningful sense.
Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#9I also don't think he believes it will put everyone in those industries out of a job. I can see how the sound bites from the debate sound that way, but unfortunately he probably has to use the worse-case scenario type examples.
Re: Andrew Yang's ideas on automation and mass unemployment are not based in reality
#10I read the whole thing. It’s not so much that Yang is wrong but that the automation-is-taking-all-the-jobs mantra is incomplete and that outsourcing to places like China is a substantial part of it. From what I can tell from Yang-like arguments outsourcing could be seen as a form of automation. The general idea is that companies are incentivized to reduce labor costs so whether it’s outsourcing or automation the end…