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Dev.SN ♥ developers

posted by janrinok on Monday March 17 2014, @08:03PM   Printer-friendly
from the borg-revisited dept.

sl4shd0rk writes:

"Bill Gates says everyone needs to prepare to be out of work in 20 years due to Robots/software taking over most jobs. In preparation for this, Gates recommends people 'should basically get on their knees and beg businesses to keep employing humans' and reduce operating overhead for businesses by 'eliminating payroll and corporate income taxes while also not raising the minimum wage'. Bill Gates, you may recall, is the former CEO of Microsoft whose business acumen has brought the technology sector such things as Metro, Windows Phone and Xbox One.

BusinessInsider took a similar theme earlier this year."

 
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  • (Score: 2) by gallondr00nk on Monday March 17 2014, @09:19PM

    by gallondr00nk (392) on Monday March 17 2014, @09:19PM (#17877)

    I'm not disagreeing with the premise of automation killing jobs, I'm just objecting to the way we resolve the problem.

    If you're going to run a consumer economy based on economic growth from consumption of services and products, the easiest, least unequal way to do so is to distribute a generous amount of money directly to individuals.

    Fucking hell, our system *as it stands* is barely capable of supporting that economy now because of increasing underemployment and wage stagnation, to the point where we fuelled the last boom by having everyone run up enormous debts and crossing our fingers. It was the only way to fuel growth.

    What's it going to be like when job creation is in negative figures and the majority of the few created are minimum wage? Who will buy their shiny trinkets and pump the value of their CDO's then?

    His argument is the equivalent of saying that we should combat climate by rendering the planet uninhabitable.

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