Actual OECD study: [1] The study says that, for the US, 9% of people are at "high risk" of automated out of a job. (That probably means "replaceable right now".) But 38% of people are potentially replaceable. There's an assumption in the OECD report that the entire job of a human must be replaced. But that's not how automation works. We're seeing this in the more advanced law firms. What used to take a senior attorne…
One for one replacement is a truly strange standard to hold to. After all, even trucking automation will not be a 100% loss - if nothing else, we'll see a rise in full-service highway gas stations to fuel driverless trucks. On the other hand, even 10% replacement of an industry (9 workers doing what 10 workers do now) is a big deal, and there are a lot of careers (legal, HR, document handling) that should expect to s…
Destruction of large numbers of jobs by robots unlikely, says new OECD Study
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Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#22Would seem that the 'low qualified' worker is the prevailing demographic. So that alone should make the risk, as an overall percentage, much higher than 10.
FWIW, my employer has been targeting all levels of workers for past several years. HR is gone, warehouse people down 65%, engineering down 40%, logistics down 30%, production down 35%. Mostly through process automation, some through robotics, and some through out-sourcing. And there has been a careful and selective 'firing' of customers. Both Net and Gross have significantly increased for three years. As for me, just sit here and write the code to do some of this. Am I evil?
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#23Earlier quoted context omitted.
One for one replacement is a truly strange standard to hold to. After all, even trucking automation will not be a 100% loss - if nothing else, we'll see a rise in full-service highway gas stations to fuel driverless trucks. On the other hand, even 10% replacement of an industry (9 workers doing what 10 workers do now) is a big deal, and there are a lot of careers (legal, HR, document handling) that should expect to s…
If driverless trucking takes off, why would the gas station need to be full service (staffed with humans)? Compared to building an autonomous truck, autonomous refueling seems like the easy part.
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#24Hm. The subtitle is "Destruction of large numbers of jobs unlikely, says new OECD Study", but the very first table gives a list of percent of jobs automatable by country. It ranges from 7-12%. That is a HELL of a lot of jobs. The argument is, "have no fear! it won't be 47% of jobs automated!" -- only 10%. 10% job loss is a labor crisis. Of course if you have all of those retrainable as other jobs (including automatio…
We've gone through radical change before.
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#25This piece is utter trash founded on baseless assumptions. >Arntz, et al. argue that the estimated share of “jobs at risk” must not be equated with actual or expected employment losses from technological advances for three reasons. So in other words, the title is false. Actual employment loss is what is at issue here. >The utilisation of new technologies is a slow process, due to economic, legal and societal hurdles,…
There's something to be said about this.
If there is unmet demand for something those people can do [1], and automation makes them more productive, and does not completely replace them; then reducing the price of those people work (by increased productivity) will make more jobs appear.
Note there are 3 "if"s there. I doubt many workers will see those three met for them.
[1] That means, people want more of it. Economists normally take this fact from granted, but it is not.
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#26Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#27Let's see if a deep learning system outperforms OECD economists on this question.
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#28Sigh. It doesn't matter. People have this bizarre conception of the economy as an exact lock-fit between jobs and work that needs doing, and they have a hard time imagining changes to that fit, even though throughout human history there has been constant change. In truth there is a nearly infinite amount of work that needs doing. We just get by with most of the work not being done. Just go back in time and think abou…
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#29Actual OECD study: [1] The study says that, for the US, 9% of people are at "high risk" of automated out of a job. (That probably means "replaceable right now".) But 38% of people are potentially replaceable. There's an assumption in the OECD report that the entire job of a human must be replaced. But that's not how automation works. We're seeing this in the more advanced law firms. What used to take a senior attorne…
One for one replacement is a truly strange standard to hold to. After all, even trucking automation will not be a 100% loss - if nothing else, we'll see a rise in full-service highway gas stations to fuel driverless trucks. On the other hand, even 10% replacement of an industry (9 workers doing what 10 workers do now) is a big deal, and there are a lot of careers (legal, HR, document handling) that should expect to s…
Re: Destruction of large numbers of jobs by robots unlikely, says new OECD Study
#30Sigh. It doesn't matter. People have this bizarre conception of the economy as an exact lock-fit between jobs and work that needs doing, and they have a hard time imagining changes to that fit, even though throughout human history there has been constant change. In truth there is a nearly infinite amount of work that needs doing. We just get by with most of the work not being done. Just go back in time and think abou…
And if it isn't, then those people who've been automated out of a job will find something to do, such as crime.