Unemployment is set for record levels.

[Paul Markham]

The future is bleak for most workers.

Robots will replace a quarter of business services workers by 2035, says Deloitte

Simon Barnes, a Deloitte partner, said that the sector?s workforce would ?fundamentally change over the next 10 to 20 years?. Humans are likely to be liberated from ?repetitive and highly structured? roles, while new higher-skilled positions are expected to be created to replace them.

Mark Carney, the Bank of England Governor, said last month that many of the jobs and industries we are now familiar with ?will be gone tomorrow?. The rising speed of technological change threatens to make it difficult to choose a career, and for young people to plan their lives, he said.

A quarter of workers could be replaced by robots by 2035

Labourâ??s Share - speech by Andy Haldane | Bank of England

As our populations grow by birth rate and migration. What will all these people do to have enough money to live on?

Minimum wage, equal rights, etc. Mean nothing if there is no job to find.

[altmman]

New grocery stores are coming out with no cashiers and no baggers.
http://www.kare11.com/ext/news/natio...dciWGk2SyWeoYe

Better learn a computer skill, people are being replaced

[RyuLion]

If they haven't seen it coming then its their fault for being lazy..

[TheWorkingMan]

Interesting. Maybe it will get better under Trump. Maybe not, the future will tell.

[kane]

Originally Posted by TheWorkingMan

Interesting. Maybe it will get better under Trump. Maybe not, the future will tell.

It's not going to get better no matter who is in the White House.

Automation is the future. It might not be in the immediate future, but it is coming fast. I read the other day that 80% of the nearly 6 million manufacturing jobs lost in the US i the last 10 years were because of automation. Anything that can be handled by a robot or a computer soon will be. Add in auto driving cars and we aren't too far off from a situation where there simply aren't enough jobs for everyone looking for a job.

The only way to fend this off is if these technological advances open up new fields (like the internet did) and these fields can create enough jobs to replace those that were lost, and there will be ways for people to learn how to do these new jobs.

It could be bleak for a while.

[Coup]

There's gonna be really bad unemployment in China once The God Emperor brings all those jobs back to America.

[Paul Markham]

Originally Posted by RyuLion

If they haven't seen it coming then its their fault for being lazy..

I've been telling people this is happening and why migration needs to be controlled for a long time.

[Paul Markham]

Originally Posted by kane

The only way to fend this off is if these technological advances open up new fields (like the internet did) and these fields can create enough jobs to replace those that were lost, and there will be ways for people to learn how to do these new jobs.

It could be bleak for a while.

The only way to fend it off is to reduce the population.

The Internet is destroying jobs. "Amazon replacing Walmart".

[NewNick]

Originally Posted by Coup

There's gonna be really bad unemployment in China once The God Emperor brings all those jobs back to America.

Lol.

Good one.

[pimpmaster9000]

A lot of business is moving online, and the internet is a viable source of income only for a very small group of people and within that small group only a few players will dominate most of it (amazon, google, facebook, porn tubes etc...)

the argument "internet will create more jobs" is invalid...it is an elitist delusion that everybody can learn how to code/market and be successful at it...

those burger filppers at mcdonalds and the professional drives that automated cars will replace were YOUR customers...

[romeo22]

Seems no-one what to work an ordinary job

[slapass]

Originally Posted by Paul Markham

The future is bleak for most workers.





A quarter of workers could be replaced by robots by 2035

Labour?s Share - speech by Andy Haldane | Bank of England

As our populations grow by birth rate and migration. What will all these people do to have enough money to live on?

Minimum wage, equal rights, etc. Mean nothing if there is no job to find.

The country you live in will have less people by then as your birth rate is too low to sustain the population. Add in the baby boomers retiring and this is welcome news.