In the News (from Business Insider): “Big changes are coming to the labor market that people and governments aren’t prepared for, Bill Gates believes.
“Speaking at Washington, D.C., economic think tank The American Enterprise Institute on March 13, Gates said that within 20 years, a lot of jobs will go away, replaced by software automation (“bots” in tech slang, though Gates used the term “software substitution”).
“This is what he said:
“‘Software substitution, whether it’s for drivers or waiters or nurses … it’s progressing. … Technology over time will reduce demand for jobs, particularly at the lower end of skill set. … 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.’
“In January, the Economist ran a big profile naming over a dozen jobs sure to be taken over by robots in the next 20 years, including telemarketers, accountants and retail workers.”
My Comment: There is only one way out: to reduce excess production completely and to replace the remaining by automation. Those who become free should be sent to open universities where they have to learn the method and practice of integral interaction, up to the point of unity in the common humanity.