White House: The robots are coming for jobs that pay $20 an hour or less

MW-EF989_automa_20160222113602_NS

http://www.marketwatch.com/story/the-robots-are-coming-for-jobs-that-pay-20-an-hour-or-less-white-house-finds-2016-02-22

It’s intuitive that automation will take low-wage jobs.

But the White House, in its annual economic report of the president, has broken down just how much that is so.

There’s an 83% chance that automation will take a job with an hourly wage below $20, a 31% chance automation will take a job with an hourly wage between $20 and $40, and just a 4% chance automation will take a job with an hourly wage above $40.

The White House used the same data that underlines other research in the field of labor and robots to arrive at the conclusion.

The key question is what happens when a robot takes one of these low-wage jobs.

Traditionally, innovation leads to higher income, more consumption and more jobs, but the question is whether the current pace of automation may in the shorter term increase inequality.

One study found that higher levels of robot density within an industry lead to higher wages in that industry, the White House notes. However, that could be because the absence of lower-skills biases wage estimates upwards.

The White House says the findings demonstrate the need for training and education to help displaced workers find new jobs.

———–

luddites!

but its factual..

“There’s an 83% chance that automation will take a job with an hourly wage below $20, a 31% chance automation will take a job with an hourly wage between $20 and $40, and just a 4% chance automation will take a job with an hourly wage above $40.”

get used to working on robots that will be working on your jobs..that will be the only jobs left to do for the most “unskilled”..

“The White House says the findings demonstrate the need for training and education to help displaced workers find new jobs.”

i thought the “green” jobs would save us all??

401

~ by seeker401 on February 26, 2016.

6 Responses to “White House: The robots are coming for jobs that pay $20 an hour or less”

  1. We already have robotics that can replace a large number of menial task jobs. They are not used because they are expensive to purchase, they are expensive to maintain, they are not reliable, and when they screw up they can do some serious damage.
    So far, the simplest of human tasks such as cleaning a room are beyond the ability of any machine, even the multi-million dollar prototypes. The best we’ve been able to do is to get them to deliver mail, and even that needs a controlled environment such as an office building, they could never do it in a residential district on a house-to-house basis (not to mention that if hoodlums kill a real mailman it is murder, while killing a mail-machine is just vandalism & fun).
    We are FAR away from building a device that can do the simple tasks that a human can, I have lived a long life & constantly read where we “just about” to replace people with robots. While it has happened in extremely controlled manufacturing environments, it has never translated into a machine that cleans the toilets.

  2. There’s always “crisis acting” the biggest growth sector – being able to bring forth tears on a whim is an advantage .

  3. coming for your jobs… coming for your jugular vein? lol

  4. Hillary clone ?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: