Via Drudge and CNBC:
Many experts worry about what robots in the service sector could do to employment. The national unemployment rate remains at 7.7 percent – not remotely close to the 4.7 percent unemployment in 2007 before the recession. Job growth isn't expected to return to pre-recession levels until 2017, and the recent sequestration could easily derail it. Manufacturing has already shed nearly 6 million jobs since 2000.
Points:
- “…[service sector] jobs have been offering a huge safety net to the middle class.”
- “One way to frame this is robots are taking human jobs away, but technology has, throughout history, transformed the nature of human jobs.”
- “…robots could create jobs in new industries we haven't even envisioned yet.”
Ponder: Good argument for the importance of orienting training toward helping people understand the dynamics of creating value rather than just learning a skill.
