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The future of jobs: The onrushing wave

economist.com

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Re: The future of jobs: The onrushing wave

#2

Post by SideburnsOfDoom »

They estimate in their chart that Athletic trainers have a 0.007 chance of being automated, the third lowest chance after therapists and dentists.

it's hard to know exactly what they class as "Athletic trainers". For Olympic athletes, there will always be staff. For the rest of us, what would that "unlikely" automation of the coach look like? Perhaps it would start with a movement sensor on the wrist? A smartphone app to track and recommend exercise?

That's not looking unlikely to me, it's looking like it's already here in plain sight:

http://www.fitbit.com/

http://www.microsoft.com/microsoft-band/en-us

https://play.google.com/store/apps/category/HEALTH_AND_FITNE...

Re: The future of jobs: The onrushing wave

#3

Post by danmaz74 »

Very interesting analysis. But they don't consider at all one very relevant change that happened during the last 30 years in most wealthy economies, especially the USA: That the taxation of the rich and the highest-earners in general was massively lowered. This contributed a lot to the concentration of wealth and capital in fewer hands.

Re: The future of jobs: The onrushing wave

#5

Post by vixen99 »

danmaz74 wrote: post #3

Very interesting analysis. But they don't consider at all one very relevant change that happened during the last 30 years in most wealthy economies, especially the USA: That the taxation of the rich and the highest-earners in general was massively lowered. This contributed a lot to the concentration of wealth and capital in fewer hands.

The UK in the 70s had a tax rate of 95% thus encouraging payment of much higher salaries to make it worthwhile for talented staff. If the tax rate is thereafter lowered to something sensible then the differentials are going to be significant. Quite a number of higher earners now have an effective tax rate of 60% which is not exactly low - but that's in the UK.

Re: The future of jobs: The onrushing wave

#6

Post by danmaz74 »

vixen99 wrote: post #5
danmaz74 wrote: post #3

Very interesting analysis. But they don't consider at all one very relevant change that happened during the last 30 years in most wealthy economies, especially the USA: That the taxation of the rich and the highest-earners in general was massively lowered. This contributed a lot to the concentration of wealth and capital in fewer hands.

The UK in the 70s had a tax rate of 95% thus encouraging payment of much higher salaries to make it worthwhile for talented staff. If the tax rate is thereafter lowered to something sensible then the differentials are going to be significant. Quite a number of higher earners now have an effective tax rate of 60% which is not exactly low - but that's in the UK.

95% is crazy, but today there are lots of multi-millionaire CEOs who as a percentage of their income pay less taxes than their secretaries...

Re: The future of jobs: The onrushing wave

#7

Post by anon4 »

SideburnsOfDoom wrote: post #2

They estimate in their chart that Athletic trainers have a 0.007 chance of being automated, the third lowest chance after therapists and dentists. it's hard to know exactly what they class as "Athletic trainers". For Olympic athletes, there will always be staff. For the rest of us, what would that "unlikely" automation of the coach look like? Perhaps it would start with a movement sensor on the wrist? A smartphone ap…

So you're saying the future is in robotics.

Re: The future of jobs: The onrushing wave

#10

Post by SideburnsOfDoom »

anon4 wrote: post #7
SideburnsOfDoom wrote: post #2

They estimate in their chart that Athletic trainers have a 0.007 chance of being automated, the third lowest chance after therapists and dentists. it's hard to know exactly what they class as "Athletic trainers". For Olympic athletes, there will always be staff. For the rest of us, what would that "unlikely" automation of the coach look like? Perhaps it would start with a movement sensor on the wrist? A smartphone ap…

So you're saying the future is in robotics.

The future is monitoring and surveillance. That's what these systems do. That and a few data-driven suggestions here and there.
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