Maybe those are one and the same.
Maybe those are one and the same.
http://www.humanesociety.org/assets/pdfs/hsp/soaiv_07_ch10.p...
On balance the development of cars was good, obviously, but let's not kid ourselves, the downsides were significant.
Rather most of them are indebted for decades to pay for their complex equipment.
I believe the introduction of robot will follow a similar pattern, some industry will see their number of employee reduced drastically but they won't necessarily increase their margin. The customer will likely win.
The thing is that people who were employed in farms moved to factory. Nowadays I don't know where people who lost their job to robots will move.
Some things are indeed not replaceable by robots and I think "most" professions* may not be able to be replaced by robots. These could be things like professional chefs (not fast food), programmers, and masseuse.
*By professions I mean the raw number of unique jobs not the number of people who work in those positions.
That being said in the U.S. with the "College Driven" economy I doubt it will ever affect 95% of the population at once. Generally professions will disappear one by one, but those people can retrain and if they don't it won't matter as the next generation will obviously not train to fill positions that don't exist (that's not logical). Eventually the new generations train to fill different job positions.
Even when ordinary people will reap benefits from robotization, the big bucks will go to the Google or Apple of the day. We might have our daily needs met by the future economy, but big companies will dominate the finances. We'll get to play with the new toys, though.
I would say it's far fetched and unlikely except that's kind of how the world is today.