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Do we need humans for that job? Automation booms after COVID

12 Comments
By MATT O'BRIEN and PAUL WISEMAN

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12 Comments
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Some economists worry that automation pushes workers into lower-paid positions. Daron Acemoglu, an economist at the Massachusetts Institute of Technology, and Pascual Restrepo of Boston University estimated in June that up to 70% of the stagnation in U.S. wages between 1980 and 2016 could be explained by machines replacing humans doing routine tasks.

Andrew Yang was prescient again. He said COVID would accelerate the pace of automation by 10 years. Just like he was suggesting a UBI before many nations started some form of basic income assistance due to COVID lockdowns.

When white collar jobs like accountants, lawyers and medical techs are replaced, which is very feasible now, where will these individuals go in the labor market of the early-mid 21st century?

-3 ( +2 / -5 )

UBI (Universal Basic Income) is the way to go.

Wondering how long will it take to move forward with something that is obvious. It is now just a matter of time.

-3 ( +2 / -5 )

When everyone is automated out of work, who will be able to buy the products?

5 ( +6 / -1 )

well it's not like we haven't been warned............unless automation is harnessed and controlled by society, for society, then the economic gap between the haves and have nots is going to widen to grand canyon proportions. Allowing capital to privatise the next leap forward in robotics and automation will produce a society firmly on the path of a Hollywood dystopian movie nightmare

-2 ( +2 / -4 )

"... so as long as automation doesn't come for my job I'm ok with it." says the air hostess whose own job may be on the chopping block in the near future.

Automation can be a good thing. Eliminates the sassy attitude of inept fast food workers(in USA). Robots also don't demand a "living wage" for menial, unskilled labor. Gardeners' jobs are likely to be safe, though.

Alexa! Bring me a double-tall iced cappuccino, chop-chop!

1 ( +2 / -1 )

The company I work for uses RPA tools to help our American clients automate their routine tasks and business is booming like never before.

0 ( +1 / -1 )

Robots also don't demand a "living wage" for menial, unskilled labor.

It will be some jobs considered menial, like carers and servers, that require that require a high level of EQ and dexterity, that are the hardest to fully automate.

Ones that rely on logic trees and can be more accurately done by machine learning expert systems, like accounting, are much easier to automate now.

0 ( +1 / -1 )

Its okay, nobody wants to work anymore anyway.

-2 ( +0 / -2 )

I prefer human interaction and that is the reason why I never use self check out registers or go to a restaurant where I have to order with a pad.

1 ( +2 / -1 )

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