Summary:
Why do we think the world is about to see the resurrection of the “comrade culture club” over the next ten years? Make no mistake; there will be a visceral political reaction to the coming acceleration of labor disrupting technology. We got a little taste of it in the 2016 election. Just wait until it hits the doctoring, lawyering, and accounting class.... Technology replaced the farmers. Now it is coming for the industrial workers and many types of service workers, too. Soldiers and sailors are also increasingly being replaced by robots and drones and that is set to take off.What are the new redundant people going to do? Global Macro MonitorKarl, The Comeback Kid?macromon
Topics:
Mike Norman considers the following as important: capital share, disruptive technology, Friedrich Engels, Innovation, Karl Marx, labor share, labor substitution, productivity
This could be interesting, too:
Why do we think the world is about to see the resurrection of the “comrade culture club” over the next ten years? Make no mistake; there will be a visceral political reaction to the coming acceleration of labor disrupting technology. We got a little taste of it in the 2016 election. Just wait until it hits the doctoring, lawyering, and accounting class.... Technology replaced the farmers. Now it is coming for the industrial workers and many types of service workers, too. Soldiers and sailors are also increasingly being replaced by robots and drones and that is set to take off.What are the new redundant people going to do? Global Macro MonitorKarl, The Comeback Kid?macromon
Topics:
Mike Norman considers the following as important: capital share, disruptive technology, Friedrich Engels, Innovation, Karl Marx, labor share, labor substitution, productivity
This could be interesting, too:
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Why do we think the world is about to see the resurrection of the “comrade culture club” over the next ten years?
Make no mistake; there will be a visceral political reaction to the coming acceleration of labor disrupting technology. We got a little taste of it in the 2016 election.
Just wait until it hits the doctoring, lawyering, and accounting class....Technology replaced the farmers. Now it is coming for the industrial workers and many types of service workers, too. Soldiers and sailors are also increasingly being replaced by robots and drones and that is set to take off.
What are the new redundant people going to do?