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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: 1) by prospectacle on Tuesday March 18 2014, @12:45AM

    by prospectacle (3422) on Tuesday March 18 2014, @12:45AM (#17928) Journal

    Your scenario is only a net loss if you assume the amount of production stays the same. Generally that's not the case. If producing X gets cheaper, more X will be produced, and more companies can enter the market to compete to produce more X, or better X, or more customised X.

    Look at any consumer product that's gone from hand-made to mass produced, and ask yourself if more people work in that industry now, or fewer?

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