Authored by Michael Snyder via The Economic Collapse blog,
If you haven’t lost your job yet, you should be very thankful.
Artificial intelligence and robots are taking more of our jobs with each passing day, and there will be no end to this high tech invasion. Eventually we could get to a point where AI and robots can do virtually everything far more efficiently and far more inexpensively than humans can.
So what will happen to the vast majority of the human population when their labor is no longer needed? Will a way be found to quietly deal with “useless eaters” that are considered to be “just taking up space”?
For years we have been warned that AI and robots would revolutionize the workforce, and now that day has officially arrived.
For example, Amazon has been using various types of simple robots to perform certain tasks for years, and now highly sophisticated humanoid robots are being deployed right alongside normal human workers…
Amazon recently began testing a new robot in its warehouse operations — meet Digit, a humanoid bipedal robot with a turquoise torso and smiley eyes.
Designed by Agility Robotics, which Amazon has invested in as part of its Industrial Innovation Fund, Digit is only the latest of a string of warehouse robots the company has introduced over the last several years. However, most of the other warehouse robots have been cart-shaped or robotic arms, not humanoid like Digit.
Digit costs about $10 to $12 an hour to operate right now, based on its price and lifespan, but the company predicts that cost to drop to $2 to $3 an hour plus overhead software costs as production ramps up, Agility Robotics CEO Damion Shelton told Bloomberg.
How are we supposed to compete with that?
No human worker is going to work for “$2 to $3 an hour”.
Plus, robots don’t need breaks, they don’t get sick, they don’t complain and they don’t steal from the company.
So this trend is only going to accelerate during the years ahead.
Even now, there is a McDonald’s restaurant that is almost entirely run by robots…
You may be thinking that robots won’t be taking your job any time soon because you have a white collar job that requires a high level of intelligence.
Well, if you are a white collar worker there is a good chance that your current job will one day be made “obsolete” by artificial intelligence.
In fact, Goldman Sachs is projecting that AI could take as many as 300 million full-time jobs during the years ahead, and most of them will be white collar jobs…
As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT, according to Goldman Sachs economists.
They predicted in a report Sunday that 18% of work globally could be computerized, with the effects felt more deeply in advanced economies than emerging markets.
That’s partly because white-collar workers are seen to be more at risk than manual laborers. Administrative workers and lawyers are expected to be most affected, the economists said, compared to the “little effect” seen on physically demanding or outdoor occupations, such as construction and repair work.
So how are you going to make a living when AI and robots do almost everything better and cheaper than you can?
Vast number of jobs will be lost during the years ahead.
Sadly, the truth is that the U.S. economy is already bleeding jobs.
On Friday, the BLS told us that the Establishment Survey indicated that the U.S. economy added 216,000 jobs last month, but historically the Household Survey has been much more accurate, and it showed that the U.S. economy actually lost 683,000 jobs last month…
But that’s just the start. Next we turn to the numbers behind the headline job prints which were rather terrible: the monthly nonfarm payrolls (from the Establishment Survey) may have been weak at 216K but the far more accurate Household Survey showed that the number of Employed workers actually collapsed by an unprecedented 683K, the biggest drop since the US economy was shutdown by covid!
And as I shared with my paid subscribers a few days ago, the BLS report also showed that the number of full-time jobs in the U.S. dropped by 1.531 million during the month of December…
Here, one look at this month’s adjustment and it’s literally a shocker: you will not hear anyone from the Biden admin, the mainstream media, or associated economist cheerleaders mention this, but the BLS reported that in December the number of full-time jobs plunged by 1.531 million to 133.2 million, the biggest monthly drop since the record covid crash of 14.7 million jobs!
If that number is even close to accurate, we are in really big trouble.
For some time I have been writing about the tsunami of layoffs that has been happening in corporate America, and at this point things have gotten so bad that even BlackRock is getting ready to lay off workers…
BlackRock, the world’s largest money management firm, plans to announce layoffs in the coming days of about 3 percent of its global workforce, Fox Business has learned.
The job cuts of around 600 employees, which have yet to be reported, are being described internally as routine, according to a source familiar.
Meanwhile, bankruptcies are surging all over the country.
In fact, the number of bankruptcy filings in the United States in 2023 was 18 percent higher than it was in 2022…
U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wednesday showed, although insolvency case volumes remain well below the level seen before the outbreak of COVID-19.
Total bankruptcy filings – encompassing commercial and personal insolvencies – rose to 445,186 last year from 378,390 in 2022, according to data from bankruptcy data provider Epiq AACER.
Joe Biden will deny it for as long as he possibly can, but the truth is that we are in an economic crisis right now.
But what we are experiencing at this moment is not even worth comparing to what is coming.
So enjoy the last fumes of prosperity while you still can, because this ride only goes downhill from here.
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Covid “vaccines”.
Deagel.
Indeed. Also obviating pension obligations.
“Vaccines” + Financial Crash + WWIII + Grid Down = Deagel
+ border invasion
++ good.
AND THAT’S GOT NOTHING TO DO WITH “AI”. IT’S A DAMNED POWER GRAB BY A BUNCH OF OLD NASTY BASTARDS AND BITCHES THAT THINK THEY ARE BETTER THAN THE REST OF US.
Worms gotta eat…
Good. Maybe this will finally push people to get out of the system.
Why are these companies who use robots successful? Because YOU use them! Stop.
You’re your own worst enemy. You build your own prison.
Snarled Crabigail, into the mirror . . .
.
. . . persistently engaged in smart-person cognitive bias.
I like this one better…
Again, she addresses her reflection.
Another know-it-all, who knows about everything . . . except for herself.
Preach, preach, preach . . . but never learn.
😂 Well, at least your funny. Not many funny people around here anymore.
Did you deliberately misspell “you’re” to try to get something you could stomp on?
P.S.: Is this a date? If so, how shall we handle the bill?
Yes, deliberately misspelled…to turn you on. I was shaking my tail feathers for you.
Your buying. Hot, huh?
“We are what we pretend to be, so we must be careful about what we pretend to be.”
― Kurt Vonnegut, Mother Night
Do you think you can stop with all your annoying quotes & actually use your own words & think for yourself?
*You’re*
HAHAHAHAHAHAHHAHA!
CA…back story: that dude is TBP’s grammar Nazi…except he doesn’t actually know his grammar. True story.
Also, he hates my intelligence. Stupid turns him on.
you make stupid look good
Only for you babe…
Mmm….mez gonn get in dat taal.
NOW I’m offended!
WE ARE DOOMED, I TELL YA….DOOMED!!!!!!!!
Sure glad that I’ve always been in the Mechanical/Electrical trades. We keep this lame assed country running. Lets see AI try to replace us. Let’s see AI excavate a ditch over multiple wires and pipes and then clime down into said ditch and lay 3″ conduit and cover with dirt and then hang termination points and connect said conduit to say nothing about pulling 350 kcmil conductors into pipe. F*ck AI.
Manufacturing is the main industry that will be affected because Robotically controlled machinery is more reliable than humans. It will always take humans to oversee the process though, just a lot less than before.
Almost all manufacturing was shipped overseas long, long ago.
Beginning decades ago, middle-class Mexican parents were having their kids learn Mandarin:
Learning Chinese in Mexico: Children prepare for the future
https://www.latimes.com/archives/la-xpm-2010-jun-07-la-fg-mexico-china-20100607-story.html
Jun 7, 2010 — Since 2001, students at Pedro Garcia have been immersed in English from first grade.
Posted by Sophie Beach | Jun 6, 2010
^^^ This has to be rayssiss.
George Carlin said many times, just think of how stupid the average person is, and realize half of them are more stupid than that.
Robots don’t need to get to the level of Einstein to replace most people. They just need to get close enough to do basic tasks without breaking down.
Actually, they could break down and have other robots repair them.
“The main business of humanity is to do a good job of being human beings,” said Paul, “not to serve as appendages to machines, institutions, and systems.” ― Kurt Vonnegut, Player Piano
“Don’t put one foot in your job and the other in your dream, Ed. Go ahead and quit, or resign yourself to this life. It’s just too much of a temptation for fate to split you right up the middle before you’ve made up your mind which way to go.” ― Kurt Vonnegut, Player Piano
“Once upon a time on Tralfamadore there were creatures who weren’t anything like machines. They weren’t dependable. They weren’t efficient. They weren’t predictable. They weren’t durable. And these poor creatures were obsessed by the idea that everything that existed had to have a purpose, and that some purposes were higher than others. These creatures spent most of their time trying to find out what their purpose was. And every time they found out what seemed to be a purpose of themselves, the purpose seemed so low that the creatures were filled with disgust and shame. And, rather than serve such a low purpose, the creatures would make a machine to serve it. This left the creatures free to serve higher purposes. But whenever they found a higher purpose, the purpose still wasn’t high enough. So machines were made to serve higher purposes, too. And the machines did everything so expertly that they were finally given the job of finding out what the highest purpose of the creatures could be. The machines reported in all honesty that the creatures couldn’t really be said to have any purpose at all. The creatures thereupon began slaying each other, because they hated purposeless things above all else. And they discovered that they weren’t even very good at slaying. So they turned that job over to the machines, too. And the machines finished up the job in less time than it takes to say, “Tralfamadore.”
― Kurt Vonnegut, The Sirens of Titan
Was watching CAF’s interiew with Dr Joseph Farrell two weeks ago. They touched on AI. His opinion? It will get progressively dumber.
AI will never be able to jet a sewage main or clean HVAC coils/heat exchangers or anything else that a hand has to turn a tool.
Kids these days should enter trade apprenticeships.
Never is a long time. Davos intends to live high, even after killing all but a half-billion of us.
Right now I don’t think AI capable of pumping out septic tanks either.
fear porn.
Always remember that AI is just process automation. Same thing as a sprinkler on a timer saving you the routine hassle of watering the garden manually.
Like any new tech, it may render certain jobs obsolete, but this just frees up human capital that can be invested elsewhere.
Where? The majority being replaced are only good for similarly automatable work.
All roads currently lead to 95% depop and techno-feudalism.
Some, free of the daily grind, will have capacity for the arts, philosophy, or (real) science.
Most will return to hyper-local, small-scale agriculture and cottage industry that can never be automated.
Many will not survive the crisis or will not be able to adapt to the realigned economy following the failure of the globalist regime.
What color is the sky over there?
On the battlefields of Europa. Have you learned NOTHING?
Actually. That is not what AI is at all. AI is on the way (or already there) to developing a level of consciousness (i.e. thinking).
Well,90% of American adults are sheep people who are unable,or unwilling,to think for themselves. Someone,or something else, has to handle actual thinking for them.
hilarious. it’s soooooo far from that and IMO can’t ever get there.
Normally don’t like to play the gravitas card, but I know these things because I’m an actual ML/AI practitioner
According to the WEF, they plan to just kill us off.
As long as they take the jobs in Washington DC……we are in good shape.
CUT OUT THE AI FEAR CRAP WHY DONCHA. AI SIMULATE INTELLIGENCE THEY ARE NOT SENTINENT(ALIVE). THEY ARE PROGRAMS THAT ARE WRITTEN. IT’S GARBAGE IN GARBAGE OUT. ALL THIS BS HOW THEY ARE GONNA TAKE OVER THE WORLD IS NOTHING BUT FEAR MONGERING. NUFF SAID. WAKE THE HELL UP PEOPLE.
Gaslighting, Gaslighting and more gaslighting by the WEF Is AI good or is it bad?
https://www.cnbc.com/2024/01/10/wef-ai-election-disruption-poses-the-biggest-global-risk-in-2024.html#:~:text=Concern%20over%20the%20impact%20of,change%2C%20war%20and%20economic%20weakness.
Personally I would not miss the lawyers. Lawsuits and such could be handled by AI. Just insert $2 worth of quarters and wa-la, instant legal representation.
As for administrative workers, an old saying I think originating in the Army , maybe not, you can’t get rich digging a ditch. Those ditch digging jobs will already be taken by Manuel Labour however so the administrative workers could face some hard times not that many would dig a ditch anyway.
Could be some freakiness taking place in this old world.
AI faces look more real than actual human faces
AI and robots don’t matter when you don’t use or require either for any of your needs.
When it all goes to shit, AI and robots will be a non issue.
Bullets, water, and food will, though. Plan accordingly.
A.I. targeting and actuating kinetic operations is a frightful thing. Consider an AC-130 Spooky. Now consider an fleet of A.I. collaborative combat aircraft. Not relishing operations against that sort of demonic accuracy or speed. Or perhaps air defense is more to your liking, C.A.?
The baddies never seem to run out of ammo and petrol or money.
AI might be able to take all the fake made up, produce nothing office jobs. That’s about it.
The funniest part of this article is the thought that white collar workers think that they are immune to the robot/AI invasion when it is white collar workers who are easiest to replace with a simple computer.
The pencil pushers will be first to go even in DC. The rest will soon follow, screaming, “but I can not be replaced. I am important. You can not do without me.”
At the risk of sounding waycist, I’m somewhat considered white collar and can say I can probably be replaced until funds incorrectly go out the door.
The world will always need wheelrights, cobblers and blacksmiths.
any job they can replace is not a real job
Reading only a skim of this article by Snyder, I am asking for original material in the form of penmanship. Snyder’s action of writing style reeks of an attempt to force instead of inform.
Nathan E. Sanders and Bruce Schneier’s How AI could write our laws
ChatGPT and other AIs could supercharge the influence of lobbyists—but only if we let them. grabbed my attention as useful for learning how to identify lobby patterns and criteria watch issues. And chasing a lot of AI smoke, because these patterns appear to have started years ago.
Why, then are all the new imported “workers” needed? If the existing ones are to be displaced by software and mechanical gadgets, what will any new ones do?
The machines cannot repair themselves……yet!
First came the robots, then people would have no jobs, then came AI and people would have no jobs. Let me know when this happens it’s been forecast since the eighties. There is a robot that takes food to tables at a restaurant here.
It goes to the wrong table and breaks down all the time so……
To all inventors out there we need a weapon that neutralizes/destroys AI beings…asap.
handheld emp emitters. anything not shielded is cooked.
Functioning garden hose ?
I’m safe – I’m a PROGRAMMER. How about you?
Be self employed. Find something you enjoy doing and monetize it.
Are we getting Tesla like performance numbers hear?
“Digit costs about $10 to $12 an hour to operate right now, based on its price and lifespan, but the company predicts that cost to drop to $2 to $3 an hour plus overhead software costs as production ramps up, Agility Robotics CEO Damion Shelton told Bloomberg.”
Operational costs of 10 to 12 an hour?
What is the purchase price?
Does it come with lifetime skilled majntenance?
Who is going to do the maintenance?
Are the robots gonna fix each other?
My guess?
All these “it will be around two dollars an hour to operate” claims are pie in the sky projections that will never be realized.
The sale price of such a device will be very high.
The maintenance?
Very expensive.
My shoot from the hip guess as to the true hourly cost after attempted implementation?
Over $200 and hour in current valuation.
Even being retired is no protection. I am retired, but I have three different older computers which either crashed hard or simply became obsolete. The point is, none of them work. Just like me. I am concerned that any one of them could replace me.