Structural unemployment?

Wookster

Here is a prime example of why I think we are in for a rocky ride:

http://www.businessinsider.com/apple-new-data-center-north-carolina-created-50-jobs-2011-11

With the efficiencies brought about by the technological age (internet & mobile) jobs will be permanently lost.

TruckerT

Your link reads like any armchair economist's post on MSE - the £1bn which Clegg is promising to spend on short-term youth furniture recycling projects would be better spent on building houses

TruckerT

daveyjp

Wait until 3D printing becomes the norm. Need a spare part? Print it.

vivatifosi

daveyjp wrote: »

Wait until 3D printing becomes the norm. Need a spare part? Print it.

Bizarrely though the good news there may be that there won't be the need to transport things from the other side of the world that can be printed locally. I would argue that this could be worse news for China and potentially good news for British early adopters.

CLAPTON

I believe the spinning jenny was to be the end of employment as we know it.

Masomnia

Wookster wrote: »

With the efficiencies brought about by the technological age (internet & mobile) jobs will be permanently lost.

Isn't that what the Luddites said?

ILW

CLAPTON wrote: »

I believe the spinning jenny was to be the end of employment as we know it.

Apparently we were all supposed to be working two day weeks by now.

CLAPTON

ILW wrote: »

Apparently we were all supposed to be working two day weeks by now.

I don't remember that quote

but to get an equivalent standard of living as in the 18th /19th century then you won't need to work that long
indeed it's easily achieved by not working at all

kabayiri

Why do we think that the mega corporation is good for our local communities ?

Go back several decades and Tesco was the place to go to get food.

Now they will put the clothes on your back; provide food; medicine and glasses; insure your valuables; even sell you a house.

I think we can see where this is going.

I never realised the phrase "working for the man" meant Sir Terry Leahy!

CLAPTON

kabayiri wrote: »

Why do we think that the mega corporation is good for our local communities ?

Go back several decades and Tesco was the place to go to get food.

Now they will put the clothes on your back; provide food; medicine and glasses; insure your valuables; even sell you a house.

I think we can see where this is going.

I never realised the phrase "working for the man" meant Sir Terry Leahy!

that's because everyone else is less intelliegent and perceptive than yourself which is why they choose to shop there

Wookster

kabayiri wrote: »

Why do we think that the mega corporation is good for our local communities ?

Go back several decades and Tesco was the place to go to get food.

Now they will put the clothes on your back; provide food; medicine and glasses; insure your valuables; even sell you a house.

I think we can see where this is going.

I never realised the phrase "working for the man" meant Sir Terry Leahy!

Just as kingdoms rise and fall, so do corporations.

I used to do the bulk of our shop at our local Tesco but decreasing staff numbers have made it an absolute nightmare and I've had a number of recent visits where I've spent up to 30 mins queuing at the checkout, where I couldn't help but notice that only half the available checkouts were open.

There are the self-checkout machines but they are just as bad for queues and for breaking down half way through your checkout.

While technology can help, it can also definitely hinder.