[CoachKandSportsguy]

or the cost will get better?

The Baby Boomer Retirement Surge Will Spark a Forever Labor Shortage

part time jobs for cash to eat out / golf outside the bubble, should be plentiful for the boomers moving into TV

late boomer guy

[Stu from NYC]

Interesting article.

I do think that this labor shortage is going to spur automation.

Why not program a robot to cook fries? Broil burgers? etc.

More restaurants are going to be self service. They call your number and you go and get your dinner. Or Robby the robot will bring it to your table.

Less demand for unskilled labor.

[kkingston57]

Originally Posted by Stu from NYC

Interesting article.

I do think that this labor shortage is going to spur automation.

Why not program a robot to cook fries? Broil burgers? etc.

More restaurants are going to be self service. They call your number and you go and get your dinner. Or Robby the robot will bring it to your table.

Less demand for unskilled labor.

Agree with the article and it showed reasons why we have this problem. Do agree that businesses which rely upon un skilled labor are going to have problems.

On occasions, wife drags me to Marion Market. For the life of me I do believe that most of these "entrepreneurs" could make more money working these low skilled jobs as opposed to selling their goods at this market and other similar markets. This would help the situation, but would not solve the problem.

[golfing eagles]

Originally Posted by Stu from NYC

Interesting article.

I do think that this labor shortage is going to spur automation.

Why not program a robot to cook fries? Broil burgers? etc.

More restaurants are going to be self service. They call your number and you go and get your dinner. Or Robby the robot will bring it to your table.

Less demand for unskilled labor.

Or the Amazon drone will dump it in your swimming pool

[Stu from NYC]

Originally Posted by golfing eagles

Or the Amazon drone will dump it in your swimming pool

Yee of little faith!

[CoachKandSportsguy]

Originally Posted by Stu from NYC

More restaurants are going to be self service. They call your number and you go and get your dinner. Or Robby the robot will bring it to your table.
Less demand for unskilled labor.

The 21 century will be highlighted by technology capital versus historical land and machinery capital against labor.

The economic problem is the island economy problem.

The technology capital owners have an office building as the only office building on the island. The technology capital owners are 1% of the population.

The technology capital owners own the only robotic restaurant on the island, having put the other labor restaurants out of business.

There are two other employers on the island: the government and the fishing industry.
The fishing industry earns money by selling fish / food to the government employees.
The government earns its money from the taxes on the restaurant income and the fishing income. . . The only people who can afford eating at the restaurant are the 2% of the labor who waits on the technology capital owners.

There is no one left to afford eating at the restaurant because all the fishing income is taxed to pay for the governmental employees to buy the fish. . . except the two percent who go out once a week

Its a welfare state spiral with residents who can't afford to spend money at the automated restaurant.

[Stu from NYC]

Originally Posted by CoachKandSportsguy

The 21 century will be highlighted by technology capital versus historical land and machinery capital against labor.

The economic problem is the island economy problem.

The technology capital owners have an office building as the only office building on the island. The technology capital owners are 1% of the population.

The technology capital owners own the only robotic restaurant on the island, having put the other labor restaurants out of business.

There are two other employers on the island: the government and the fishing industry.
The fishing industry earns money by selling fish / food to the government employees.
The government earns its money from the taxes on the restaurant income and the fishing income. . . The only people who can afford eating at the restaurant are the 2% of the labor who waits on the technology capital owners.

There is no one left to afford eating at the restaurant because all the fishing income is taxed to pay for the governmental employees to buy the fish. . . except the two percent who go out once a week

Its a welfare state spiral with residents who can't afford to spend money at the automated restaurant.

I am here from the govt in order to help you.

[fishon]

The article sounds like it is a boon for skilled workers.
The future looks bleak for people with degrees that have no value to business or are otherwise unskilled. Serving fries and wearing backpack blowers for them.

[OrangeBlossomBaby]

Originally Posted by CoachKandSportsguy

The 21 century will be highlighted by technology capital versus historical land and machinery capital against labor.

The economic problem is the island economy problem.

The technology capital owners have an office building as the only office building on the island. The technology capital owners are 1% of the population.

The technology capital owners own the only robotic restaurant on the island, having put the other labor restaurants out of business.

There are two other employers on the island: the government and the fishing industry.
The fishing industry earns money by selling fish / food to the government employees.
The government earns its money from the taxes on the restaurant income and the fishing income. . . The only people who can afford eating at the restaurant are the 2% of the labor who waits on the technology capital owners.

There is no one left to afford eating at the restaurant because all the fishing income is taxed to pay for the governmental employees to buy the fish. . . except the two percent who go out once a week

Its a welfare state spiral with residents who can't afford to spend money at the automated restaurant.

So, the tech company needs a robot manufacturer. They can't operate robots that no one ever built. They need autocad experts to draft the plans for each robot. They need computer coders to code the bots. They need engineers to oversee the construction. They need welders, and the guys who dip the hot shaped metal into water (I don't know what they're called but it's a thing). They need centrifuge operators, and die cut operators. That's just to make the robots. Even if the bot manufacturer is 100% automated, they still need someone to make THOSE robots. And to walk through the plant to make sure all the bots are operating properly. And technicians to fix any that have problems. And programmers to tweak the programs if something isn't 100% correct, or if the end-user needs customization.

Those people need to go to the bathroom sometimes. So they need plumbers on the island. They also need electricity - so they need electric workers. They need communications, so they need someone to build and operate cell towers, and an ISP for wifi.

They need someone to pave roads. They need someone to repair roads that were already paved. They need all the exact same things that most communities need everywhere.

Since they can't all be automated, they'll need actual people on this island who make robots, do programming, run networks through buildings, swap out servers, pave roads, and yes - grow food. If it's not a food growing climate they'll need someone to build hothouses. That means they'll need accommodations for truckers - which means a hotel.

Now look at all the people living on or visiting this island who need goods and services. What started out as an exercise to prove how horrible it would be if robotics "took over" an island turns into an entire community created because - someone had to make the robots.

[Aces4]

Originally Posted by OrangeBlossomBaby

So, the tech company needs a robot manufacturer. They can't operate robots that no one ever built. They need autocad experts to draft the plans for each robot. They need computer coders to code the bots. They need engineers to oversee the construction. They need welders, and the guys who dip the hot shaped metal into water (I don't know what they're called but it's a thing). They need centrifuge operators, and die cut operators. That's just to make the robots. Even if the bot manufacturer is 100% automated, they still need someone to make THOSE robots. And to walk through the plant to make sure all the bots are operating properly. And technicians to fix any that have problems. And programmers to tweak the programs if something isn't 100% correct, or if the end-user needs customization.

Those people need to go to the bathroom sometimes. So they need plumbers on the island. They also need electricity - so they need electric workers. They need communications, so they need someone to build and operate cell towers, and an ISP for wifi.

They need someone to pave roads. They need someone to repair roads that were already paved. They need all the exact same things that most communities need everywhere.

Since they can't all be automated, they'll need actual people on this island who make robots, do programming, run networks through buildings, swap out servers, pave roads, and yes - grow food. If it's not a food growing climate they'll need someone to build hothouses. That means they'll need accommodations for truckers - which means a hotel.

Now look at all the people living on or visiting this island who need goods and services. What started out as an exercise to prove how horrible it would be if robotics "took over" an island turns into an entire community created because - someone had to make the robots.

Think AI. Eventually it will evolve to UBI provided by the government. (Universal Basic Income.). Some employees will be needed but not nearly the level we see now.

[CoachKandSportsguy]

Originally Posted by OrangeBlossomBaby

Since they can't all be automated, they'll need actual people on this island who make robots, do programming, run networks through buildings, swap out servers, pave roads, and yes - grow food. If it's not a food growing climate they'll need someone to build hothouses. That means they'll need accommodations for truckers - which means a hotel.

What is missing on the island is that everything is outsourced as the cost to import to construct is prohibitive. Also programmers are global, manufacturing is global, only 1 service person is needed for the restaurant robotics. . .

The point is that if the world progresses to complete automation, there will be a monopoly of robots against which the humans will have to compete, and since the humans need a lot more services than bots, humans lose out to capital.

If humans lose out to capital, there will be a very large percentage of socialistic governmental supported unemployed. . . with very few productive humans supporting just the corporate owners. . . and that's when revolutions happen. . and the world goes backwards. .