This is a misconception similar to how people thought computerization will cause shortage of jobs back in the 70s. Automation will not cause shortage of jobs. It might cause shortage of obsolete jobs but new jobs for design, service, management will always pop-up.
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- Thread starter Jeff Head
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No, we really aren't seeing the same amount of jobs spawning in those categories as the amoujt of jobs that are lost
History has proven otherwize many many times. Technology will never lead to shortage of things people can do. They will just make things easier and 1 person can do more than before.
If automations makes life easier, it means people will consume more. Even middle-class will live the life of luxury. But it will not lead to shortage of jobs.
No, it actually hasn't.
It has proved that as automation increases we're seeing more service jobs.
Part of them being those design, programming and whatnot, but also lots of others like say barista etc.
Which is exactly my point. No shortage of jobs. China will eventually have labour shortage due to higher prosperity and higher productivity. So, Again coming back to my original point, I expect China to have immigrants eventually.
And India has more than 1.x of China.
India having very similar population with very dissimilar outcomes should be informative to all the idiots thinking demographics are everything.
China having 4x population is clearly one of the factors that allows China to have such a large GDP, large engineer/PHD count, lower cost and so on. All factors are important.
India's population is the only reason China considers India a grave threat that must be neutralized. Sooner or later India will become China's biggest enemy instead of the US.
One among many factors, and far from the most important.
And no, to the extent that India is considered a "grave threat" in the first place (more like moderate annoyance), it's because of geographic location and political hostility rather than anything population-wise. Which is easily verified by looking at other countries; Indonesia for example is far more populous than the Philippines, but Chinese relations with the former are far better than the latter.