Posts Tagged ‘technological inventions’

Economy Without Employment

January 27th, 2012

Almost all economic projections that high levels of unemployment in many developed countries will continue. So, would not that fact that even discouraging forecasts the unemployment rate will be recorded in the future?

In line with the higher progress in the field of computers, robotics technology, and various types of jobs taken over by machines, many workers who lose their jobs.

Many economic analysts deny the possibility of long-term structural unemployment. In fact, this view of it is considered an insult. Media conservatives in the United States later mencibirkan U.S. President Barack Obama when he said that the machine can inhibit job growth. However, Obama is certainly not wrong.

What a lot of work to be done repeatedly with the routine. Presumably, along with the development of software and computer hardware, the types of occupations can be vulnerable to the impact of automation.

What happens is not part of the technological inventions of science fiction. However, it is part of the automation system that works better, slices of a special algorithm instrumental in landing the aircraft, automated stock trading on Wall Street, or the computer that beat the man in the game of chess. » Read more: Economy Without Employment