ALERT: READ THIS, Even the Huff Post agrees with us. https://www.huffingtonpost.com/entry/minimum-wages-vs-universal-basic-income_b_7957850
All our suspicions have been confirmed. The Manufacturing jobs are not coming back. There are three problems in politics with average people. 1,the consensus bubble, 2, Paradigm restrictions 3, cognitive dissonance.
1, People live in the past and don’t realized times have changed 2, People cannot change or accept new realistic ideas. 3, People cannot digest reality nor accept change or learning about it.
For the first time in history the Department of Labor projects, profits and productivity are up, employment is decreasing. Do you get it yet?
Technological unemployment is considered to be part of a wider concept known as structural unemployment. Example of technological unemployment When labor-saving machines are introduced into the productive process, a firm can get rid of workers and produce the same amount of goods than before.Productivity usually equals more jobs, at least in the 20th Century.
The factory of the future — the smart factory — is a paradise of efficiency where defect and downtime, waste and waiting are long forgotten issues of a long forgotten age. In it, plant managers and CIOs scheme together in a seamless blend of data and production, of IT and manufacturing, to illuminate every turn of every machine, every cut of every blade, every move of every piece in its global dance to delivery.
Smart factories are revolutionizing manufacturing by enabling a 7X increase in overall productivity by 2022. Capgemini found smart factories will be able to accelerate on-time delivery of finished products by 13 times, with quality indicators improving at more than 12 times the rate of improvement since 1990. Capital Expense (CAPEX) and inventory costs are predicted to be rationalized at 12 times and material, logistics & transportation costs expected to be rationalized at 11 times the rate of improvement since 1990. The following graphic provides a comparison of manufacturer’s annual gains since 1990 versus expected annual gains attributable to smart factory technologies in the next five years.
(There is a little nonsense to this video, since the service sector doesn’t offer quality jobs. In fact, the big Government lie in the USA was for every one job lost eight are created. There will be no jobs when these people are laid off because there are no endless jobs.)
Despite an initial huge outlay, automated systems do provide significant cost savings. However, this outlay is quickly paid back with the increased efficiency of the system and the reduced number of staff required to perform labor intensive tasks and reduced wastage of faulty materials and products. In warehouses, driverless automated vehicles are capable of operating in “lights-out” conditions from the receiving area to the shipping dock, so now these machines can ensure that work is carried out around the clock, making the most of the rental of the property.
By automating manufacturing the resulting products have a guarantee to be the same every time and any errors or defects are picked up by automated quality control. With automation these processes can be regulated and controlled so the time and efficiency.
Several commentators have argued that traditional forms of welfare payment may be inadequate as a response to the future challenges posed by technological unemployment, and have suggested a living basic income as an alternative. People advocating some form of basic income as a solution to technological unemployment include Martin Ford, Erik Brynjolfsson, Robert Reich and Guy Standing. Reich has gone as far as to say the introduction of a basic income, perhaps implemented as a negative income tax is “almost inevitable”, while Standing has said he considers that a basic income is becoming “politically essential”.Since late 2015, new basic income pilots have been announced in Finland, the Netherlands, and Canada. Further recent advocacy for basic income has arisen from a number of technology entrepreneurs, the most prominent being Sam Altman, president of Y Combinator.
LUBI lobbys for a Living UBI.
Control freaks and moralists desire a Job Guarantee because they feel people have to work. But Libertarians and Social Democrats allow people the liberty to control their own lives. The Job Guarantee should be democratically controlled so people can create their own work or have others devlop work for employment with out govern intervention.
Rapidly advancing technologies, the economic fallout and possible solutions to near full automation and the loss of most jobs at all levels and surprisingly a large number of the jobs to go first are those jobs that are at middle level and are mostly dealing with repetitive data to which even at this early stage of automation, machines and sophisticated algorithms are far better suited than humans are.
This is a tough pill to swallow for moralists and people who desire control government. The LUBI will be Unconditional. No “Have to” or “obedience.”