What happens when most low skilled jobs get replaced by machines?

How are businesses going to flourish when they need money from consumers, but the amount of consumer has shrunk substantially thanks to there not being any low skilled jobs available? What happens then?

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youtube.com/watch?v=7Pq-S557XQU
youtu.be/7Pq-S557XQU
wsj.com/articles/u-s-productivity-dropped-at-0-5-pace-in-the-second-quarter-1470746092
youtube.com/watch?v=M60UVXlkbn8
nytimes.com/2016/04/29/upshot/why-is-productivity-so-weak-three-theories.html
en.wikipedia.org/wiki/Truck_system
en.wikipedia.org/wiki/Company_store
cnbc.com/2016/09/01/wal-mart-to-cut-7000-back-office-store-jobs-report.html
twitter.com/NSFWRedditGif

Bump

What happens when most farmers get replaced by tractors?

Oh they got different jobs that didn't exist yet?

Same thing will happen with automation in other industries, new industries and areas of employment will be created the likes of which humanity has never seen.

The death of capitalism.
Less consumers forces companies to automate further to save money which produces less consumers.

Its a circling of the drain.
You're retarded, automation is reaching all industries, not just farming.

ALL of them.

fap every fucking day

shut up commie

You're retarded, read my post you fucking gook.

NEW industries will be created, and we can't possibly know what they will be.

Just like farmers never knew their kids would be sitting in a call centre.

Slim eyed fuck

There are already self driving busses here in Helsinki and I don't see why they would create more jobs. Could you explain?

You're retarded animefag, the farming example was an example not the only situation

>menial labor replaced by low-cost machines
>quadrillions of dollars saved annually
>put into things that actually matter, i.e. research and development
>massive shortage of skilled labor in those areas forces corporations to offer free education and training to individuals from the general population
>most of the general population is now employed advancing the human race through science and technology
>idiots are able to assemble, watch over, and care for the machines that produce our innovations at an obscenely high quality of life
>utopia.jpg

it will create even more jobs. who is going to repair the machines?

Once again, retarded.

Cute but you're being a hopeless romantic.
Not to mention that the loss of jobs would far outweigh job creation.
Even IF new industries popped up it would not be able to absorb the sheer amount of people that are being unemployed.

The fact of the matter is, at the turn of the century over 90% of the work force was farm labour, now it is less than 2%.

Do we see ~80% unemployment? No, because people who were freed from the labour of farming were able to use their energy and time for better things and create different fields of employment.

The same thing will happen when ~80% of today's jobs are replaced by automation, we will make new ones that we don't have the ability to automate yet.

>thanks to there not being any low skilled jobs available?
You realize this has happened countless times over in history? You luddites have put forward the same arguments every 50 years.

A few centuries ago, 90% of all humans alive were farmers. Then technology made farming easier. Today, less than 50% of all humans alive are farmers. Does that mean 40% of all humans are unemployed since we don't need them as farmers anymore? That's what Luddites were saying in the 19th-20th century, they thought technology would put every farmer out of work and then there's be no one who could afford food because nobody has a job. You're doing the exact same thing, just with a different technology

So prove it

Maintaining the busses, refueling the busses, cleaning the busses. Security to see that no one commits crimes in the bus. Dunno, simple jobs.

It is a terrible example.

Our automation capabilities were extremely limited back then.
This is different, very different when our automation have become advanced.
This isn't everyone working as farmers we already have a HUGE industry the idea that we can just concoct more new industries out of thin air like back then that our advanced automation wont be able to do themselves is silly.

Its fucking retarded.

>Not to mention that the loss of jobs would far outweigh job creation.
Empirically untrue.
There are millions more jobs today than there were a decade ago, and billions more jobs than there were a century ago. More jobs are being created than are being destroyed. That's the purpose of capitalism, it's about creative destruction

90% of liberals become useless and we prune them.

>There are millions more jobs today than there were a decade ago
Yet unemployment rates are higher.

Engineers, but I wouldn't really say that being an engineer is a low skilled job. Also it's not like one machine is going to break every single week. Also maybe in like 2040-2050 there are machines that repair other machines.

I don't know a lot about farming, but before tractors it used to take multiple people to do the work, now it takes one person. I don't really see how tractors created more jobs.

>Our automation capabilities were extremely limited back then.
We're still using the same technology now you retard.
You see tractors as primitive but there's a reason farmers are still using them. You're a Luddite, your vision of the future is not based on reality

I've worked on a farm for years.

The difference between a one furrow plough pulled by two horses and a 32 furrow plough pulled by a 450 horse John Deere with 2000lbs of torque is vastly greater than the difference between a guy on an assembly line torquing down a head bolt on a motor than a robot torquing down a head bolt on an assembly line.

You do know that there are 3 different types of unemployment, right? The unemployment you are warning us of is completely different from the type of unemployment we are currently experiencing.
You're economically illiterate

>we're still using the same technology
>driver-less cars and buses

These retards believe that people LOSING their jobs will mean that magically new jobs will come out of thin air.

Because when everyone is at home unemployed jacking off just SOMEHOW someone will totally think up of something new, have the funds to create it and employ the gorrillion of people unemployed like back in the olde times!

>new industries and areas of employment will be created

Tractors anihilated employment in farming that's the point.

All the people who lost jobs in farming were free to create other jobs, and more of them.

It's already happened dipshit.

>These retards believe that people LOSING their jobs will mean that magically new jobs will come out of thin air.
Its happened every time since the dawn of man

You guys are the equivalent of the tin foil homeless nut shouting about doomsday on the street corner. You luddites are wrong EVERYTIME, and Everytime you just say "well this times different, we're more advanced now"

>Spotted the burger flipping retard who is afraid of having to develop a skill

You don't understand economics at all if you think you're posing a legitimate question.

Production is what's important, not consumption. You can produce by doing a literally infinite number of things - people have this absurd conception that people *must* work in x or else they won't do anything else. If you're going to sit on your ass and not do a single thing, that's up to you. But hardly anyone is going to do that unless you have a massive welfare state that encourages it (like you Finns!).

>Complains that farming is a terrible example and doesn't cover the full picture
>Uses driverless busses as an example.
Do you realize the agricultural industry is much bigger than the driverless car market? It's like a drop in the bucket

So when the majority of farmers lost their jobs they remained unemployed till they died correct?

Nope not what happened at all you dense fucking gook.

Open your eyes and read a history book you fucking coin slot.

>I-i-i-it happened once guize when we were all famers!!213
>so t-t-totally it will happen again when we have such a diverse industry already when we have automation affecting each and every one of those industries
I'm sorry to burst your bubble faggot, comparing the two is a false equivalency.

>people cannot change what they do
I'm sorry to burst your bubble faggot, but you've got a really absurd position there.

How fucking dumb are you nip?

The industries that get automated DONT MATTER it's nothing but good for humanity.

New industries get created all of the time

Many will be frivolous, like movies, vidya, and shitposting on/pol/

we'll need to tax the machines

Those jobs already existed though.

Good goy, removal of a large portion of society don't matter.

When we have automation capable of doing everything a low skilled worker can do and by that I do mean EVERYTHING not just farming, EVERYTHING thanks to our advancement this will cripple capitalism.

How has this bit been posted yet?
youtube.com/watch?v=7Pq-S557XQU

The jobs are NOT coming back.

>it's a Sup Forums uses the "buggy whip manufacturers will just have to become astronauts" excuse to deny basic guaranteed income thread
Imbeciles. 90% of jobs in America only exist because people don't want to makes themselves redundant. The revolution is coming.

Most of the people who will be displace by machines in the next decade are too simple to do the menial shit they are doing now. No amount of training can bring them to an acceptable level of usefulness.

>Does that mean 40% of all humans are unemployed since we don't need them as farmers anymore?

Depending on what numbers you go with, there are 40% of people unemployed.

Yeah I suppose, but they won't disappear just because busses are self driving. Programming of the bus routes and errors must get looked into and that could create more jobs I suppose.

>hurr durr replace shovels with spoons for more low skilled jobs in construction
>hurr durr let me use my productivity ruler to ban new technology
>hurr durr muh gooberment

>make a mess everywhere you go
>create thousands of cleaning jobs
>destroy robots that can clean mess

There problem averted

Low skill jobs will be shifted to service industry, baristas, care for the elderly, stuff like that

Humans will be free to do WHATEVER they want with automation keep trying to enclave us gook

Your an idiot that doesn't think of the ramifications of this in terms of its effects on an industrialized and urbanized society.

I own all of the busnisess.
I hold all of the power.
I give you a trickle of money to spend on things.

Your going further back than a luddite would.
Its about power and who holds it, how and why. Not about a dislike for gadgets.

Your just like those who cry racism and fail to realize HOW one race or group is being utilized as a tool for completely different objectives.

Oh, so you think you're the state?
Makes sense that you'd try to promote yourself with falsities then.

Watch this whole video (or skip to 12:45) and get BTFO
youtu.be/7Pq-S557XQU

>Guys!
>Guys listen!
>GUYS!!!
>I know we've been wrong absolutely every time we bring this up, but this times different
>Guys are you listening?

>What happens when 20 years ago?
Now happens.

>it is "terrifying" that capital makes humans more productive
So fucking funny.
Don't you have a petition to draft against the sun, candle maker?

Eventually if we can figure out a way around the confusing middle period we can have a completely automated society

>Another Luddite supports my Luddite argument by using the same argument that luddites have used since the dawn of time.
Yeah yeah, we get it, this time is different. Just like last time. And the time before that.

The guy who made this video doesn't even understand the differences between the 3 types of unemployment

40% is the number of people 16 or older who are not participating in the labor force. That number includes elderly, prisoners, the disabled, hell it includes people in comas

The numbers I was referring to were of the labor force.

wsj.com/articles/u-s-productivity-dropped-at-0-5-pace-in-the-second-quarter-1470746092
>The longest slide in worker productivity since the late 1970s is haunting the U.S. economy’s long-term prospects

>Nonfarm business productivity—the goods and services produced each hour by American workers—decreased at a 0.5% seasonally adjusted annual rate in the second quarter as hours worked increased faster than output, the Labor Department said Tuesday.

>It was the third consecutive quarter of falling productivity, the longest streak since 1979.

>Productivity in the second quarter was down 0.4% from a year earlier, the first annual decline in three years. That was a further step down from already tepid average annual productivity growth of 1.3% in 2007 through 2015, itself just half the pace seen in 2000 through 2007, and the trend shows little sign of reversing.

>Business investment has been a notable sore spot for the economy in recent months. A closely watched measure of business spending, fixed nonresidential investment, has declined for the past three quarters, according to Commerce Department data.

>A proxy for spending on new equipment—new orders for nondefense capital goods excluding aircraft—has declined on a year-over-year basis almost continuously for the past year and a half.

>If wages continue to climb, companies may seek to contain labor costs by ramping up their investments in new equipment to boost efficiency, aided by low interest rates, or by raising prices.

Human jobs are an impediment to profits, and will be reduced as much as possible.

Actually skilled labor would be even easier to automate, since it is mostly logical reasoning with little physical labor involved.

I love it. Your arguments devolve into nonsense the more rekt you get.
Give me a couple more posts and I bet I'll have you speaking in tongues

Without basic income we are FUCKED.

Unemployment rises.
Wages drop because of labor surplus.
Robots are replaced by humans who will do the job cheaper.

Motherfuckers act like robots don't cost anything.

We kill all the menial workers, its as simple as that.

That's a graph of change in productivity, not productivity itself. Workers are still being more productive, it's just that they're gaining productivity at a slower rate than they were.

Leave it to Wallstreet Journal to misrepresent the data in order to confuse the layman

People here are retarded.

They don't realize how this will utterly destroy capitalism.

Low skilled workers aren't as wealthy as farmers back then, if they remove low skilled workers those low skilled workers can't produce SHIT.

Nigger, your average low skilled worker can barely feed himself.
WHat the FUCK is he going to do?

Start a 10 billion industry?

youtube.com/watch?v=M60UVXlkbn8

30 minute video, explaining in simple terms why the whole premise of "der gonna tek da jawbs" is absurd. Even a mongoloid Finn can understand it.

Motherfucker, robots are getting cheaper and they don't have to pay robots hourly.

They ARE cheaper.

>Low skilled workers aren't as wealthy as farmers back then
What the fuck are you on?
Even niggers living in the ghetto have it better than farmers in the 19th and 20th century. We have luxuries that they could never dream of, and we take them for granted

>What is the marginal rate of technical substitution?
When will you realize that you are economically illiterate?

Wages for skilled employees will rise but less people will be working

nytimes.com/2016/04/29/upshot/why-is-productivity-so-weak-three-theories.html
>Productivity is one of the most important yet least understood areas of economics. Over long periods, it is the only pathway toward higher levels of prosperity; the reason an American worker makes much more today than a century ago is that each hour of labor produces much more in goods and services.

>Put bluntly, if the kind of productivity growth implied by the new data published Thursday were to persist indefinitely, your grandchildren would be no richer than you.

>During the 2008 recession, labor productivity soared. Was this because employers laid off their least productive workers first? Because everybody worked harder, fearful for their jobs? Or was it a measurement problem as government statistics-takers struggled to capture fast-moving changes in the economy?

>The productivity slowdown is real, and it’s not going away. Earlier waves of innovation in technology (a computer on every office worker’s desk, for example) and management strategies (like outsourcing noncore functions) have been fully put into place across corporate America, and so are no longer increasing productivity.

We're going to see the return of company stores only this time they will Amazon gift cards or something, capital holders if they can't completely subjugate labor will attempt to claw back as much profit from escaping their payrolls as independent employee purchases as possible.
en.wikipedia.org/wiki/Truck_system
en.wikipedia.org/wiki/Company_store

Walmart is basically doing this now by increasing the wages of their front-end employees to purchase their stuff, while culling their better-compensated back-end staff by replacing them with central offices and automation.
cnbc.com/2016/09/01/wal-mart-to-cut-7000-back-office-store-jobs-report.html

>this is a pressing problem for Sup Forums
kek

Nigger are you fucking retarded?
And they weren't poor they were just not technologically proficient.


To create an industry in this time and place is much, MUCH harder than back then in the OLDE TIEMS that you feel the need to mention time and time again like some autistic retard.

They never say productivity is bad, they just say productivity growth is bad. More journalistic dishonesty and misrepresentation of data

>listening to some fucking jew
Yeah even more proof its going away.

We get closer to universal unemployment.

If birth control was implemented and resources were efficiently distributed this wouldnt be an issue.

I dont trust anyone to implement any of this, but in principle it would stabilize population and provide a slightly lower standard of liv8ng than we are familiar with to every person.

Ever read The Caves of Steel by Asimov? Thats how humanity will have to live in the future

It's not an issue.

yes.

instead of people assembling parts by hand you have machines, but you also have people that maintain those machines, people that inspect them, people who engineer them.

it does cut manpower, but not completely replaces it

This the elites are putting a lid on humanity

>listening to some random gay-voiced commie hipster
Wew lad. Such substantive rejections. Not a genetic fallacy at all ;)

>To create an industry in this time and place is much, MUCH harder than back then in the OLDE TIEMS
Is that why there are so many more industries today than there are before? Because it's harder to create?
You luddites ignore facts in order to support your misguided delusions. Wake up and smell the coffee

Those are very few.

The issue is low skilled workers, you replace them shit is going down big time.
There is no way society is going to be stable when a huge number of people are unemployed.

>muh economists are BRILLIANT
t. 20 TRILLION in debt
Yeah cool story.

No. Just no

>THIS TIME IS GOING TO BE DIFFERENT I SWEAR!

You're adorable

>you replace them shit is going down big time.
Unfounded speculation

>those guys
>responsible for state policy
Why would someone do that? Just go on the internet and spout falsities?

Nigger, your average low skilled worker can barely feed himself.
WHat the FUCK is he going to do?

Every task where consumers prefer human contact. Why do we still have shops when we have vending machines for a hundred years ?

Maybe a job working on repairing said robots that'll pay so much higher

>high number of unemployment wont disrupt the system
HAHAHAHAHAHHA

Show me a state or country that has high unemployment as is successful.

You are going to see more jobs to service the machines. For example you will start to see them bringing back people to pump cars with gas. You will have roadstops for trucks to check on material and to fill it up with oil etc.

It's hilarious how Luddites think they're putting forward new arguments, when it's pretty much word for word the same argument that's taken place since humans created tools

Man with spear can hunt 10 times better than others without spear? Obviously spears are going to put everyone but a few hunters out of work right?

Yeah just like how the roomba made maids, janitors, and cleaning services obsolete.

Your premise that low-skilled jobs will be eliminated because it *could* be automated is flawed. You have failed to make an economic argument as to *why* automation of low-skill work will happen.

I don't think everyone is capable or even needed to be an engineer.

Replace the simplest sorts of jobs, and you fuck over the simplest sorts of people.
Your factory workers, taxi and bus drivers.

These people aren't going to become engineers, and yet they are THE target for automation and are also the biggest parts of the employee world.

>Still thinks there's only one type of unemployment
You are economically illiterate. When you feel a drop of rain do you start screaming about how you're drowning?

It shows how much value an (((economist))) has.
Fuck off.

Literal goddamn jews.

>one type of unemployment
>one type of unemployment
You're either working or not working, dipshit.

I watched a video of a guy yesterday who created a job where he people walks. He wanted to be a dog walker but didn't wanna deal with poop, so he chose people. $7/mile he'll take you on a hike and just talk about shit. Hes making a lot of money off of it too.

That's just an example of a new job being created

you can't replace most physical labor jobs because machines can't tackle complex problems. they can only estimate how complex the problem is and what is needed to be done.
a good example would be machine made guns that gets broken down, yet 100 old military rifles that were assembled by hand still shoot

>da joos

It will happen once automation becomes cheaper dipshit.

Technology is ever advancing, automation is improving and its becoming cheaper just like every other piece of technology.
Are you this retarded?

>new job
>people walker
>this will replace MILLIONS UPON MILLIONS OF PEOPLE WHO HAVE LOST JOBS

HAHAHAHAHAHAH
AHAHAHAH

> I never took eco 101
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