[quote=dumbrenter][quote=no_such_reality]
Finally, I don’t expect to a rewarded for the work my father did. Labor needs to quit talking about what they did in the past and talk about what they will do in the future.[/quote]
That’s the biggest disconnect I see from posters arguing from the labor-side. They take your trends of looking into future and ask if you can get a robot to do tiles in your home today.
With the relentless pace of mechanization and automation, it is pretty clear that the labor component of any product is trending down and one of the primary drivers for this today is the cost of labor.
So what happens to the extra labor? Where do they go?
Unfortunately, the labor side folks only think of bygone days of the past or look for regulation help (tariffs, visas etc.).
What they don’t get is that when it comes to regulation, they stand no chance against the capital. Its like a lamb picking up a fight with a tiger.
Ask them to frame an argument that does not involve regulation or past and you’ll hear nothing.[/quote]
The first 20 min segment on “60 Minutes” tonight is about robots taking the jobs of what appears to be warehouse workers.
