If you talk to someone in a labor-intensive business, someone who is an owner of the business who can't get the labor they need, they will say that illegal immigration laws are out of control, and need to be loosened, and we need to allow more work visa programs, and stop playing games. If you talk to someone who is a union worker, they might curse up and down about how illegal aliens are coming into our country, doing poor workmanship, and hurting our unemployment figures.
If you talk to someone in economics, they will explain to you that we need 2.2 people being born for every couple in our society or civilization, and without that birthrate, we cannot maintain our GDP growth, and the economy will falter, meaning there will be defaulted loans, businesses won't make enough money, and we won't be able to afford all of our obligations to retiring workers.
If you talk to a politician, they will tell you during times of high unemployment, that their number one concern is creating jobs. During times of low unemployment and high economic growth, those same politicians will tell you that they aren't worried about illegal immigration at all rather they want to streamline the rules to let more people in.
My question is; what are all these people going to say as we enter the "Dawn of the Robotic Age?" You know, it's merely upon us, and as artificial intelligence gets better, robots will be doing all the jobs, and as the cost to create these robotic workers is lower due to economies of scale, that's when things will get very interesting, just as they did when Eli Whitney brought forth the cotton gin. If robots are doing all the work, then what will people do to stay busy, or earn a living to pay for all the things that they need to survive, send their children to college, and pay for the retirement?
Will humans build the robots that replace them? And what happens when the robots start making their counterparts? An interesting case study along this line of thinking was when Germany built all the industrial machinery to be used in the factories in China. The Germans make great machines, but each time they sold a machine to China, then China was building things. Now the Chinese are making everything that the Germans used to make, including factory machinery, and they are making many of the things that the United States used to make, and they are looking to secure or take more of our specialized industries.
Yes, they have cheaper labor, and are using the same tools. Today it costs a lot to buy a robotic machine to use in a factory, therefore China can still compete with low-cost labor, but as those robots become cheaper, and as the Chinese wages goes up, then they will have the same problem as the rest of the world in the future Robotic Age. We need to solve this problem before it hits us, and all the world economies at the same time. It will be nice to live in that future utopia, but we are going to have to adjust our economic structure to do it. Indeed I hope you will please consider all this and think on it.
Need Get Cash In 60 Minute? No Credit Checks, No Hassles. Higher Approval Rate. Get Payday Loan Now!
Rating of best payday loan sites
Get Online Application at online payday loans.