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Venezuela, Oh Venezuela, Oh Happy Happy Land.
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Erm yes not sure I see the connection to Venezuela, apart from vague rhetoric on workers' ownership.
It's a fanciful and meaningless suggestion which does not address the real change that automation is going to bring - i.e. that it will make the skills of millions of people redundant and surplus to requirements.
The only way to counter this problem is to fundamentally alter the economy and society to one in which not all people are expected to work. How to do that is currently rather up in the air, but the sooner we start thinking on those terms, the sooner we might be prepared.
It's a fanciful and meaningless suggestion which does not address the real change that automation is going to bring - i.e. that it will make the skills of millions of people redundant and surplus to requirements.
The only way to counter this problem is to fundamentally alter the economy and society to one in which not all people are expected to work. How to do that is currently rather up in the air, but the sooner we start thinking on those terms, the sooner we might be prepared.
// society to one in which not all people are expected to work.//
That can never happen. No one is going to want to do horrid jobs that robots cant do or are not commercially viable whilst another sits on his/her jacksie for the same brass. Exactly the same problem Socialism has which is why that never works either.
That can never happen. No one is going to want to do horrid jobs that robots cant do or are not commercially viable whilst another sits on his/her jacksie for the same brass. Exactly the same problem Socialism has which is why that never works either.
//That can never happen//
Then expect society to fall apart. Because we need to figure out some way to make unemployment productive or not socially damaging - which the current system cannot easily cope with.
It's probably worth stressing that this is already starting to happen. My husband works at an international company where the most advanced new factories need only 15 people to run; in warehousing, storage, law, and finance, machines are already displacing humans on a significant scale. It's only a matter of time before robots are a sufficient improvement on human drivers (who are rather crap) and start replacing them in transport.
Ignoring this problem is not going to make it go away. We need to find some way to adapt, because at the moment there isn't an obvious alternative to the system we've got.
Oh and Corbyn's solution is vapid rubbish. It does not matter who owns the machines - they are still going to replace people, and that's the crux of the problem.
Then expect society to fall apart. Because we need to figure out some way to make unemployment productive or not socially damaging - which the current system cannot easily cope with.
It's probably worth stressing that this is already starting to happen. My husband works at an international company where the most advanced new factories need only 15 people to run; in warehousing, storage, law, and finance, machines are already displacing humans on a significant scale. It's only a matter of time before robots are a sufficient improvement on human drivers (who are rather crap) and start replacing them in transport.
Ignoring this problem is not going to make it go away. We need to find some way to adapt, because at the moment there isn't an obvious alternative to the system we've got.
Oh and Corbyn's solution is vapid rubbish. It does not matter who owns the machines - they are still going to replace people, and that's the crux of the problem.
Retirement at 50?
The problem is that any government needs to build up massive reserves of cash for when this starts to seriously take hold, which will be in the next 20/30 years, so not long.
Alternatively, people need to contribute a far higher %age to their personal pension pot from the moment they start work.
The problem is that any government needs to build up massive reserves of cash for when this starts to seriously take hold, which will be in the next 20/30 years, so not long.
Alternatively, people need to contribute a far higher %age to their personal pension pot from the moment they start work.
The government can move the massive reserves of cash from the Welfare budget as, for every individual that retires, that's one fewer younger person unemployed. Unless one feels that massive reserves of cash are going to be needed for welfare anyway, but then that's a different issue than at what age folk should retire.
cassa333
Please explain the Venezuela reference.
In the meantime, Corbyn's thinking is a bit muddled to say the least.
Robots have already taken over the workplace, and because of them our economy is growing, not shrinking, and whole swathes of new industry rely on them.
These robots are called computers.
Effectively they have automated vast amounts of work that had to be done manually.
The world has not come to an end. What will happen is that a number of manual trades will disappear. Schoolchildren in the future will have to deal with that and study for subjects that industry demands.
This has been happening since the Industrial Revo...
No...I can't go on.
What is the Venezuela reference, and can't we pick on a country that's easier to spell???
Please explain the Venezuela reference.
In the meantime, Corbyn's thinking is a bit muddled to say the least.
Robots have already taken over the workplace, and because of them our economy is growing, not shrinking, and whole swathes of new industry rely on them.
These robots are called computers.
Effectively they have automated vast amounts of work that had to be done manually.
The world has not come to an end. What will happen is that a number of manual trades will disappear. Schoolchildren in the future will have to deal with that and study for subjects that industry demands.
This has been happening since the Industrial Revo...
No...I can't go on.
What is the Venezuela reference, and can't we pick on a country that's easier to spell???
//It's only a matter of time before robots are a sufficient improvement on human drivers (who are rather crap) and start replacing them in transport. //
in public transport, that won't ever happen completely. reference Qantas 032 - no machine could have brought that aircraft in for a safe landing.
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in public transport, that won't ever happen completely. reference Qantas 032 - no machine could have brought that aircraft in for a safe landing.
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