Justplain
19th April 2017, 02:47
Here we have the Bank of Canada giving a pep talk to the public about the need to increase productivity via robots and AI. How needed it is, and how we have to prepare for the downside of unemployment and greater wealth disparity.
http://www.financialpost.com/m/wp/news/economy/blog.html?b=business.financialpost.com/news/economy/automation-will-have-significant-impact-on-almost-half-of-all-jobs-within-20-years-bank-of-canada-warns
Here are some excerpts:
Automation will have significant impact on jobs, but don’t fear the robots says Bank of Canada’s Wilkins
The Bank of Canada says Canadians should not be afraid that robots are about to steal their jobs.
Canada’s central bank is counting on automation to provide a much-needed boost to Canada’s economic productivity, said Carolyn Wilkins, senior deputy governor of the bank, in a noon-hour speech Tuesday to the Toronto Board of Trade. For that to happen, Canadians need to embrace, not shun, the opportunities created by workplace automation, she said.
The bank believes productivity will contribute two-thirds of the average 1.5 per cent growth expected in the Canadian economy over the next few years. “Productivity growth is the only game in town when it comes to raising the economic and financial well-being of people over a long period,” she said....
Automation may be the answer to productivity, but the bank acknowledges that technology and automation can displace some jobs in the short term. Wilkins cited studies by McKinsey & Company and the Brookfield Institute that suggest around 40 per cent of tasks currently done by humans could be automated.
As machines replace humans, policy makers should confront the disruption with programs that foster skills training, education and continuous learning.
My question is, who's going to benefit from this agenda? The 1% 'owners' will. What of the middle and working class, how will they be benefited? How will being on an endless retraining gig wear down blue collar workers?
A better question is what programs will be in place to help people transition out of this gerble cage? I would suggest that getting off the grid is a good option to this automation phase. I think some tech might be useful, like three d printers and the internet, but for the most part i would choose to exit this society.
The next step after this is 'human augmentation', the eugenics strategy of having us all part robot, or cyborgs, so we can be programmed and controllable. The recent dystopia movie 'ghost in the shell' shows a near future snapshot of this future hell on earth.
I would recommend the next generations to embrace the good tech this world provides, but try to build a lifestyle that can be or is independent of it. An example being buying land, growing a garden, having an independent source of energy, and having an independent spiritual life connected with Mother Earth and our Divine Creator.
Avoid the automation treadmill and rat-race, and get something out of living that is worth the effort.
Peace and Love.
http://www.financialpost.com/m/wp/news/economy/blog.html?b=business.financialpost.com/news/economy/automation-will-have-significant-impact-on-almost-half-of-all-jobs-within-20-years-bank-of-canada-warns
Here are some excerpts:
Automation will have significant impact on jobs, but don’t fear the robots says Bank of Canada’s Wilkins
The Bank of Canada says Canadians should not be afraid that robots are about to steal their jobs.
Canada’s central bank is counting on automation to provide a much-needed boost to Canada’s economic productivity, said Carolyn Wilkins, senior deputy governor of the bank, in a noon-hour speech Tuesday to the Toronto Board of Trade. For that to happen, Canadians need to embrace, not shun, the opportunities created by workplace automation, she said.
The bank believes productivity will contribute two-thirds of the average 1.5 per cent growth expected in the Canadian economy over the next few years. “Productivity growth is the only game in town when it comes to raising the economic and financial well-being of people over a long period,” she said....
Automation may be the answer to productivity, but the bank acknowledges that technology and automation can displace some jobs in the short term. Wilkins cited studies by McKinsey & Company and the Brookfield Institute that suggest around 40 per cent of tasks currently done by humans could be automated.
As machines replace humans, policy makers should confront the disruption with programs that foster skills training, education and continuous learning.
My question is, who's going to benefit from this agenda? The 1% 'owners' will. What of the middle and working class, how will they be benefited? How will being on an endless retraining gig wear down blue collar workers?
A better question is what programs will be in place to help people transition out of this gerble cage? I would suggest that getting off the grid is a good option to this automation phase. I think some tech might be useful, like three d printers and the internet, but for the most part i would choose to exit this society.
The next step after this is 'human augmentation', the eugenics strategy of having us all part robot, or cyborgs, so we can be programmed and controllable. The recent dystopia movie 'ghost in the shell' shows a near future snapshot of this future hell on earth.
I would recommend the next generations to embrace the good tech this world provides, but try to build a lifestyle that can be or is independent of it. An example being buying land, growing a garden, having an independent source of energy, and having an independent spiritual life connected with Mother Earth and our Divine Creator.
Avoid the automation treadmill and rat-race, and get something out of living that is worth the effort.
Peace and Love.