informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted Feb 24 2014, 12:50 PM Category: Economy Source: YouTube Print

No, Robots Won't Take All Our Jobs Away



Economist George Reisman joins Tom Woods to explode the "robots will take all our jobs" argument.





Latest Economy
- Payday Loans: Leave this Industry Alone
- Give'em the Old Razzle Dazzle
- "BitLicense" Foolishness
- The Costs and Benefits of Ethanol
- Bureaucracy Unlimited
- Who Will Regulate the Bank Regulators?
- New Report Shows How Western-Imposed Prohibition Policies Hurt Poor Countries
- Venezuela To Start Fingerprinting Supermarket Shoppers









Comments Add Comment Page 1 of 1
Anonymous

Posted: Feb 24 2014, 8:01 PM

Link
98149 here's a great rebuttal in the youtube comments from someone who actually understands technology

"I've been a software developer for over forty years, and Reisman is wrong EVERY TIME he says that computers or programs "can't do" something, not only theoretically, but in real world practical applications today. The straight argument from economics still applies; he should have stuck to that, or consulted someone knowledgeable about artificial intelligence."

As for my own view on this. When most discuss that "robots won't take our jobs, they'll make us able to get better jobs!", I have to just laugh at whatever imaginary world they live in where the job market isn't already horrible slanted in favor of the employers. People are clamoring for entry level medial jobs as it is, if we lose those to robots where are those people going to find work?

I want tech to continue to advance just as much as the next guy, but to ignore the potential perils it will bring without drastic changes to our society shows a lack of economic reality which is a common occurrence for economic theorists.


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Bureaucrats Panic As Traffic Ticket Revenue Plummets Across U.S. - 03/30South Florida Parole Officer Rapes Woman Who Records The Entire Act On Video - 03/30Female Cop Sucker Punches Handcuffed Man in the Face for No Reason, Fellow Cops Do Nothing - 03/30Woman Exonerated After Spending 22 Years on Death Row Based on Cop's Lie - 03/30Vancouver Police Officer Smashes Driver's Window After Refusing to Tell Him Why He is Under Arrest - 03/30Cop Indicted for Tasering a Teen, Leaving him in a Coma, for Asserting his Rights During Stop - 03/30Texas Politician Expected to Withdraw Anti-Cop Watching Bill After Opposition From Police Union - 03/30Two Former Feds Charged With Stealing Bitcoin During Silk Road Probe - 03/30

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top