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Will we see job losses worse than the 80s?

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    Will we see job losses worse than the 80s?

    Rise of the Robots Will Eliminate More Than 5 Million Jobs - Bloomberg Business

    sad but likely, I remember huge factories closing down as they were offshored now automation is coming. Remind me why we import half a million people a year?
    Always forgive your enemies; nothing annoys them so much.

    #2
    Originally posted by vetran View Post
    Remind me why we import half a million people a year?
    Because, as members of the EU, we have an open market for labour within the EU, about 500 million people.

    Many are lower paid jobs, although higher paid if you are coming from Poland, Romania etc.

    The increased living wage will pull even more of these workers in the coming years, attracted by the higher wages.

    The amount contributed to the UK economy is doubted, they tend tube lower paid so pay little tax, many also remit spare cash back home so they don't spend it in the UK economy and they can claim tax credits etc, so cost the taxpayer lots of cash. Added to this they put pressure on the public services, health, roads, schools etc.

    More should also be done to get the hardcore layabouts to work , actually remove benefits if they refuse.
    "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero

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      #3
      Originally posted by vetran View Post
      Rise of the Robots Will Eliminate More Than 5 Million Jobs - Bloomberg Business

      sad but likely, I remember huge factories closing down as they were offshored now automation is coming. Remind me why we import half a million people a year?
      To sustain the housing ponzi scheme, and to support the EUSSR
      Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

      No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

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        #4
        Originally posted by vetran View Post
        Remind me why we import half a million people a year?
        It's to increase GDP.
        Work in the public sector? Read the IR35 FAQ here

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          #5
          Originally posted by OwlHoot View Post
          It's to increase GDP.
          As in future Guantanamo Detainee People
          Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

          No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

          Comment


            #6
            If robots start doing all the crap jobs, then maybe people can start spending more time on poetry, arts etc?

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              #7
              Originally posted by AtW View Post
              If robots start doing all the crap jobs, then maybe people can start spending more time on poetry, arts etc?
              This! Robots need to be made to produce cheap food, household chores, etcetc. Then we can all have leisure time.

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                #8
                Originally posted by BrilloPad View Post
                This! Robots need to be made to produce cheap food, household chores, etcetc. Then we can all have leisure time.
                and what makes you think when they do all that any of the cash will trickle down to the populace?
                Always forgive your enemies; nothing annoys them so much.

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                  #9
                  Rise of the Robots is frightening.

                  The power of computers to think for themselves is chilling

                  You can't help but fear the end of life as we know it.

                  Barclaycard have installed a neural network that checks for credit card fraud. It formulates its own rules and learns! It's only a matter of days now before we feel the impact.

                  Oh, sorry. I've just remembered... That was 20 years ago
                  "Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark Twain

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                    #10
                    When the machines become self-aware, be afraid....be very afraid....

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