Robots Aren’t Destroying Enough Jobs
wsj.com
wsj.com
I'd argue that this shift in worker/employer leverage balance is long overdue, and focusing on improving the gross inequality between the classes should be more important than having our economy continue some sort of exponential growth. We are currently living the future, it's just not distributed evenly.
This is essentially a corollary of Baumol, though he didn't write about it.
[+] Like the Dow, the value they bring is a little bit of temporal comparison capability. But they were designed to give a back-of-the-envelope view that could be calculated by pencil and paper. But people mistake the map for the landscape...
For those who don't have huge capital stocks and thus have little but wage labor to turn to earn a living, technology that competes with labor deepens their economic subjugation rather than effecting liberation.
Now, obviously, getting farther away from capitalism in the economic structure may change this, but that isn't an automatic consequence of the technology.
That said, if we imagine that there is productive marginal work to be done, then replacing drudgery with automation frees up the money being spent there to be spent elsewhere, and presumably increases demand for the better work.
Obviously there are some assumptions, and "liberation" may still be hyperbole, but it doesn't necessarily benefit only the capitalists.
In addition people are fighting back, they use low technology or pretend that something that is already automatized does not work:
Every time I rent a car on the Web, when I go picking it at the local agency, they ask me every details that they record again and again on their computer.
When I did work, every manager asked us to use both the Intranet and a spreadsheet on the local file server to record our activity.
Once the HR director who should have know how many people were on the payroll, went at every team with his computer, to record how many people there were in each team, how many time they did work per week, etc...