What To Do About The Long-Term Implications of Automation

How about good old competition?

With tariffs...US workers cannot survive! Just because you slap tariffs on everything that moves from China do you actually believe all that crap is going to suddenly be built in the US? That US companies are going to trip over each other investing billion$ in new factories to build crap?

 

Where am I pretending anything??

Companies are not stupid...you mean like Sears or GM or GE or any of the other major companies that fail each year?

 

Where am I pretending anything??

Companies are not stupid...you mean like Sears or GM or GE or any of the other major companies that fail each year?

 

Where am I pretending anything??

Companies are not stupid...you mean like Sears or GM or GE or any of the other major companies that fail each year?

 

I'm not sure of your point here.

Are you suggesting that these companies failed BECAUSE they put in effort on corporate strategy?

Are you suggesting that those companies that were more competitive (thus driving out Sears) did so without thinking about how to do that?

 

What do you think the end purpose of trade is to the chinese dictatorship?

The negative balance with china might bother you more if you were paying closer attention to what they are doing

 

We are gifting china with $350 billion dollars a year of our weath

That represent a stratigic and military threat as well as lowering the living standard of American workers

 

My point has been and continues to be that all large companies are not inherently business smart. No matter how they fail, whether it be competition or automation, etc., the management was not smart enough to be effectively proactive and/or reactive. And these companies don't fail overnight...their problems that lead to their eventual demise are in place for months and years...like Sear's or GM or Detroit all that time and they still can't solve their problems. IMO those companies who embrace business and societal evolution, along with technology and innovation, including automation, are the ones who stay alive the longest...

 

It's not the Chinese dictatorship who is doing all the consuming? It is US consumers who are voluntarily consuming imports...

 

Yes American consumets are buying the stuff

Bt too much of that is bad for the country

 

The 'we' you talk about is US consumers? No one is gifting anything?? If you increase US exports by $350 billion then your problem goes away.

In no way does the China trade imbalance threaten US strategy and military? China is only one of many nations who import into the USA so why focus on China? China does not take any direct actions that effects the American standard of living?

There is such a failure here to understand how things work in a global marketplace. US companies make 100% of their decisions of where to invest and what to produce and sell...China does not impede these decisions! If you truly cared about all this stuff you should question why US companies cannot produce all the crap imported into the USA?

 

Then your problem is with US consumers...not China...

 

The obal economy is good for coolies in china and the dictatorship ib. ijing but not Americsn citizens

 

Well sure

We ate not demanding war with china

Just tariffs to reduce chinese imports

 

First, it is disgustingly disrespectful to use your racist words!

Second, you are clueless why the US has grown into the economical powerhouse it is today...much of it is directly attributable to the global economy...

 

All respect meta, but i think this thread is a fools errand. I am not denying the importance of the issue. It is very important and will dramatically impact society.

However, i think the issue is so confoundingly complicated that we cannot hope to hope to come up with a plan to address the issue. Imo the issue will be reolved organically... which means that we will deal with issues as they arise. We will make mistakes, and then try something else. Maybe (probably) there will be social disasters. Ultimately there is almost no job that will not be dramatically impacted by automation and/or artificial intelligence. And so our idea of compensation based upon the value of work product will be prgressively eroded. But, unfortunately, our entire social/economic order is inextricably rooted in this concept. And so this inexorable future reality will inevitably be denied and resisted. People without jobs will be viewed as slackers... even though they have few if any productive options. What will the unemployed auto workers and coal miners do? Work at mcdonalds? And what will their children do? What will happen when self driving trucks take the jobs of legions of truck drivers? Imo there is simply no way to plan for this future.

 

A coolie is what poor laborors in china are called

And many workers in china are slaves from north korea

 

Its not good for American workers who are experiencing lower standards of living

It makes us weaker as a manufacturing power

We are lising wealth to china at a rate of $350 bil a year

Which is funding the chinese militsry buildup to kill American soldiers in a future war

 

These people are not in America they are in china taking jobs away from Americans

 

Globalism is the interconnection of nations through trade and international treaties and governing bodies

What is your defination?

 

compensation for capitalism's natural rate of unemployment is market friendly.