The January 18th edition of the Economist contained a
number of fascinating
articles about automation and its effects on labor. The really interesting thing--lost in the huge push for "income equality" that seems to be
en vogue today-- is the fact that the situation for unskilled laborers will deteriorate rapidly over the next two decades. Placate the masses with a pay bump today that portends a bleak near-term future. It is history repeating itself, as outlined perfectly in the two articles linked above.
Naive and ignorant politicians like to give
speeches about how minimum wages need to be lifted, about how we need more "income equality" and "higher living wages"-- however this push to pay the unskilled more will only lead to higher unemployment for these unskilled in the near term, along with more automation to replace these same workers. Like Oscar Goldman famously proclaimed decades ago, "We can build it, we have the technology!"
So push for $12.00 cashiers at McDonald's and you will get an order taking ATM style machine like at the self checkout line at Wal-Mart--and there go the high school employees. Push for a $12.00 per hour bank teller, and you will soon get a lobby full of attractive, attentive tellers that are all capable and pleasant....and also happen to be robots. Push for bus drivers that are paid $15.00 to start, and you will get "Google Busses" driven by robots.
The drive for more income equality will actually work to accelerate the achievement of the opposite condition, because in the short-term the benefits of automation go to the capitalists, the rich and upper middle-class skilled workers. And people who clamor for "more income equality" are glib, like a bunch of rustics....they don't even see this coming.
Burger flippers, ditch diggers, and many others will go the way of the dinosaur. Gone.
It's coming.
What about teachers--will they be on the endangered list? I think that will depend upon what teachers teach.
But how can the education system of today help? What about the displaced workers? From the Economist:
"...One recent study by academics at Oxford University suggests that 47% of today's jobs could be automated in the next two decades..The main way in which governments can help their people through this dislocation is through education systems...there should be less rote-learning and more critical thinking. Technology itself will help, whether through MOOCs (Massive Open Online Courses) or even video games that stimulate the skills needed for work"
One important thing that policymakers must do right away is to emphasize training in the career academies in disciplines that are least likely to be automated within the next two decades. I think here in Escambia County we are on the right track with this. We have academies for Electricians, AC/Heating techs, Body and Fender work, and many other skilled trades that will be difficult to automate.
The chart on page 26 of the
Economist article lists those occupations at greatest risk for being replaced: telemarketers, accountants, retail salespersons, real estate agents, word processors and typists, and machinists. Looks like robots will be doing many of these jobs, thanks to the push this technology is getting from politicians who are trying to socially engineer equal outcomes instead of equal opportunities.
And the winners will be? Robots! (hopefully the nice ones, not the sky-net, terminator variety)