Originally Posted by fan4ever
"Because there are a whole different set of dynamics in play than in the 80s. Take unemployment for instance. I do not think we will ever see it below say 6% simply because of the automation and computers performing tasks that people used to do."
Sounds like you're tagging it as the main culprit to me.
No it doesn't. You must have missed the part where I said "for instance."
Originally Posted by redsurfer11
So...there are no jobs created by automation and computers.
If you think that's what I said then it's your problem. not mine. Manpower is needed to build computers. But Computers, robotics etc, are built to reduce man's labor. What manpower it takes to create technology is increasingly more than offset by the tasks the very technology is assigned to do.
Stands to reason that sometime in the Utopian future - if this planet ever survives our indiscretions - man will hardly have to work. the "unemployment" curve may fluctuate up and down some, but I believe it is on an ever-increasing tangent.