I've often wondered what will happen to the world once automation brings the value of human labor down near $0/hour.In China, 77% of jobs are threatened by automation https://t.co/x2SlHENeTx pic.twitter.com/BHGt7LljtX— The Economist (@TheEconomist) January 31, 2016
The questions is especially interesting for countries like China and India that have built their whole economies on cheap labor. Here, we've already sent almost as much labor as humanly possible overseas, so we're a little less susceptible, but it's still not hard to imagine a time when robots make literally everything and the only people who can earn any money are people who can afford to buy robots.
I've tried to write about this issue several times. The first was in "Centurion Six", which was supposed to have a backbone of economic unrest, with the larger superheroes-working-for-the-government premise as the foreground plot. I still think of it that way, but alas, that stuff was all too much to cram into one story.
China landed a civilian aircraft carrying “tourists” on one island in the South China Sea https://t.co/yRRn46tilS pic.twitter.com/wvMEs3p5Cn— The Economist (@TheEconomist) January 31, 2016
All else aside, this looks like an awesome spot for a long weekend.
I'm obviously not the only one who misses Army Football this month. Gonna re-up my Season Tickets on Monday.
John Kasich would give Republicans a chance to reset https://t.co/cotG1juaZc via @nytopinion pic.twitter.com/4YSvkv5X4S— The New York Times (@nytimes) January 31, 2016
I agree, but saying it is like telling people not to vote. No one is listening. They're all too damned angry.
On the other hand, if Bloomberg decides to run as a 3rd party candidate, he could pick Kasich as his running mate and try to split the GOP in a very deliberate way. I'd quite like to see that.
Andy Reid thinks Terrell Owens belongs in the Hall of Fame https://t.co/nsLKgddhWr— ProFootballTalk (@ProFootballTalk) January 31, 2016
If we're talking about the dude's contributions to the sport on the football field, then this is certainly true. I personally think that's what we ought to talk about.
Is today's price of $27 the bottom of the barrel for oil? https://t.co/jWBdXQTLlR pic.twitter.com/PyEBMHpdEN— The Economist (@TheEconomist) January 31, 2016
Depends entirely on overseas demand. We're probably close, though, considering that even the mainstream press has started asking this question.
***That's all I've got, folks. Happy Sunday!