[extropy-chat] 'Unskilled jobs to go in 10 years'

[Brian Lee]

We get the benefit that the capital that would have gone to labor can now go 
to more useful things.

The money you save buying cheaper goods allows you to purchase more goods 
and services, etc etc.

Jobs are really just displaced, not eliminated.

BAL

>From: Max M <maxm at mail.tele.dk>
>To: ExI chat list <extropy-chat at lists.extropy.org>
>Subject: Re: [extropy-chat] 'Unskilled jobs to go in 10 years'
>Date: Tue, 09 Nov 2004 23:39:06 +0100
>
>Damien Broderick wrote:
>
>>The prediction is based on the growth in "outsourcing" manufacturing and 
>>sales jobs abroad to economies where staff are hired at a fraction of the 
>>cost.
>
>
>A cannot really see anything good about outsourcing. Shure we can get stuff 
>cheaper. But it is acheived by people working for less money. Not by people 
>working more efficiently. So it is a net loss.
>
>Furthermore if we "rationalise" by using cheaper labor we will not get the 
>benefits of automation, as there will be less motivation to automate.
>
>--
>
>hilsen/regards Max M, Denmark
>
>http://www.mxm.dk/
>IT's Mad Science
>
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