Musk On Automation Replacing Jobs

Elon Musk believes that even with automation, there will be a labor shortage. He also implies that the decrease in costs of goods and services from automation may raise the quality of life by a very drastic degree. What do you think? Will jobs no longer be a necessity at some point? Do those that might lose their job to automation need a support system to catch them, or will there be plenty of job opportunities for them to move on to as Elon suggests?
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Interview Credit: TED
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#elonmusk #musk #jobs #automation #motivation #learn #tesla #career

[@rbaleksandar]

1)Labor shortage is not universal across all professions around the whole world. What that means is that, while in country X a specific type of job is in short supply of workers, in country Y that same job might be fully saturated and even going over the current demand. In country X high degree of automation will improve the situation, however in country Y it will leave people on the streets.

[@kevine9474]

Elon is making a red herring, yes currently there is a labor shortage but that has nothing to do with the hypothetical.

[@omen2667]

If you replace all humans and they become jobless, who will consume your service?

[@boopro12]

The 15$ a hour job at McDonalds is looking for workers while the 30$ a hour job with the city has someone who has had the job for 30 years or the 85k a year technician role at XYZ company isnt hiring. Noone wants to work for 15 a hour id rather just be unemployed... The jobs worth my time are filled.

[@johnconnor3849]

Says the guy building the robots.

[@mannagirl8901]

How can Musk seem so positive here when he’s so cynical about AI at other times?

[@Termintor1]

As with introductions of all technology, some jobs will be lost and other will be created.

[@mcmilliftw1166]

Didn’t answer the question

[@jackofalldenton4347]

I like ole Elon but I’m not buying this. It’s going to be bad for the economy.

[@eyob4794]

?????