by Summary:
No-brainer. Increased efficiency and productivity, lower costs, and standardized production. The Luddite argument doesn't apply since jobs that can be automated and robotized are "shit jobs" that machines should be doing rather than people, whose time can be put to better use. Paid leisure is a better use but there are a lot of other substitutes for "shit jobs." Of course, this would require re-configuring the system, which is both an economic and political matter, but it is doable.NetNet CNBCOp-ed: Why everything that can be automated, should be automated: Levi Strauss CFOHarmit Singh, Executive Vice President and Chief Financial Officer at Levi Strauss & Co. Singh is a member of the CNBC Global CFO CouncilSee alsoProject SyndicateA Second Chance for Global DevelopmentRebeca
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No-brainer. Increased efficiency and productivity, lower costs, and standardized production. The Luddite argument doesn't apply since jobs that can be automated and robotized are "shit jobs" that machines should be doing rather than people, whose time can be put to better use. Paid leisure is a better use but there are a lot of other substitutes for "shit jobs." Of course, this would require re-configuring the system, which is both an economic and political matter, but it is doable.No-brainer. Increased efficiency and productivity, lower costs, and standardized production. The Luddite argument doesn't apply since jobs that can be automated and robotized are "shit jobs" that machines should be doing rather than people, whose time can be put to better use. Paid leisure is a better use but there are a lot of other substitutes for "shit jobs." Of course, this would require re-configuring the system, which is both an economic and political matter, but it is doable.NetNet CNBCOp-ed: Why everything that can be automated, should be automated: Levi Strauss CFOHarmit Singh, Executive Vice President and Chief Financial Officer at Levi Strauss & Co. Singh is a member of the CNBC Global CFO CouncilSee alsoProject SyndicateA Second Chance for Global DevelopmentRebeca
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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NetNet CNBC
Op-ed: Why everything that can be automated, should be automated: Levi Strauss CFO
Harmit Singh, Executive Vice President and Chief Financial Officer at Levi Strauss & Co. Singh is a member of the CNBC Global CFO Council
See also
A Second Chance for Global Development
Rebeca Grynspan, former vice president of Costa Rica and now Secretary-General of the United Nations Conference on Trade and Development
Also at PS
Overemphasis on RCT's maybe, but the idea of pilots and testing in policy-making is sound. Oh, and China does it. In the US and most other democracies, policy-making is political, meaning ideological rather than evidence-based.
Ori Heffetz, Professor of Economics at Cornell University and the Hebrew University of Jerusalem, and John A. List, Professor of Economics at the University of Chicago.