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Job market of the future


Squawk 1200

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Given ever-increasing automation of everything, how will the job market look like in 2030 or 2050? Will the idea of a "job" even exist?

 

People (in western world) will learn in school how to build robots, how to program computers, etc. etc. Then they will build their own robot, and tell him "go to work for me".. :)

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Well it certainly isn't likely a robot will replace a politician​

 

 

They won't replace doctors, nurses, teachers or hospitality workers either. Most people like to be able to talk to a person not a robot.

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People (in western world) will learn in school how to build robots, how to program computers, etc. etc. Then they will build their own robot, and tell him "go to work for me".. :)

 

Or they will do it in China.

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Maybe there won't be a "job Market" Looking at history, "Jobs", as in "go to work" are, for much of the population, a relatively new thing in society. Look at what a large percentage of the US population in the 1800's simply provided for themselves but did not "go to work" anywhere. May be we're headed for a future where what people do is what they choose to do but don't work for someone else as such. I have a relative who technically has a job in that he has a license to sell used cars, and has a auto paint shop on his property,but what he really does is trade his work for other's work, "flip" cars (as in buy, fix, and sell for more), buy and rent out property, and anything else he feels like doing when he gets up in the morning-- and he's providing for his family just fine.

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Ray Kurzweil is a scientist, researcher, and futurist who predicted AI and robots will take all jobs, and humans will augment themselves to have better and better connections to the internet, including (one day in the future) nano technology entering our bodies to establish a live online link between our brain and the internet.

 

The story of old AT&T illustrates how the goals of a corporation were achieved, goods and services became inexpensive due to automation and economies of scale, until long distance became free. In the 50s AT&T established itself as a near monopoly of telephone service, owning both local and long distance calling services. Long distance was expensive, several $ per minute. Over the years tech improvements reduced the price of long distance voice calls so much that we can now call almost anywhere in the world as part of our monthly phone service, essentially $0 for long distance calls. As companies automate, their costs fall, and prices fall. Eventually, 3D printing and automation will produce goods for $0.

 

lettuce factory

automated Wendy's

automated retail

automated shelf stocking

3D house printing

self driving car

AI sports writer

AI cancer diagnosis

AI fighter pilot

and many more

 

The age of automation replacing human workers is now. How quickly this evolution will occur is unknown. Will it be difficult, that depends on how much social services provide for people, rather than making them suffer; I expect difficult times. Why do we let people starve; although, there is or could be food for everyone. In the US more food is trashed than needed to feed the poor.

 

The number and variety of AI and robot applications in the pipeline nearing delivery is large, and this economic evolution will transform our lives in currently unseen ways. AI needs to be democratic, not controlled by a few. Elon Musk started OpenAI.com to work towards that goal.

Edited by EdEarl
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