TECH UNEMPLOYMENT

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15 items in TECH UNEMPLOYMENT

Do you make it, move it or sell it? Tyler Cowen of Bloomberg predicts we are all going to move into marketing in the robot economy. He’s wrong though - sales requires imperfect market information to work. 
Issue #43 published 23 Apr 2020
The answer is ‘no’ in absolute terms (i.e there are more jobs than ever before) but 'yes’ in terms of value added jobs (i.e new jobs created are low value). It’s the HG Wells vision of Eloi vs Morlocks, according to this paper from David Autor and Anna Salomons. PS: 5 minute video summary here
Issue #76 published 23 Apr 2020
'Shit Life Syndrome'
TECH UNEMPLOYMENT
Essential piece of journalism from the FT. Blackpool is the seaside town in North West England. Could be a town in the American MidWest or anywhere else that neoliberalism has left behind. Conversation continuing on this twitter thread. Must read. (non-paywall link here - thanks Wim Dammans!)
Issue #59 published 23 Apr 2020
Some insight, some charts, some interactive. It’s all doom in any case, and we’re running out of time to find some answers.
Issue #42 published 23 Apr 2020
Divorce & Occupation
TECH UNEMPLOYMENT
FlowingData is a fantastic example of telling compelling human stories by using data visualisations. Society and economy are intertwined this is this example here. 
Issue #45 published 23 Apr 2020
“Antonio told me in the race between technology and politics, the technologists are winning. They will destroy jobs and economies before politicians can react to them.”
Issue #45 published 23 Apr 2020
Amazon Go, Debuts
TECH UNEMPLOYMENT
Amazon’s assault on retail continues with the open of the world’s first Amazon Go store. Arstechnica attempt a stress test - a.k.a shoplifting - and fail due to 100’s of camera’s in store. Funny and informative post on the inevitable future of retail.
Issue #68 published 23 Apr 2020
Interesting trends analysis by Ilia Blinderman, who correlates jobs at risk of automation, white / non-white ethnic status and political sentiment. Superbly presented, with the insight and conclusions left for the reader to decide. 
Issue #41 published 23 Apr 2020
US Bureau of Labour Statistics latest 10-year forecast makes sobering reading. It’s over for retail, logistics, manufacturing. It’s all going to be about the ‘3 C’s - care, computers and clean energy. Accessible summary from Atlantic and a great companion piece to The Great Decoupling post earlier. 
Issue #57 published 23 Apr 2020
The Great Decoupling
TECH UNEMPLOYMENT
That technology is reducing the value of human labour is indisputable. It’s always useful to see it in charts though. Outstanding analysis and commentary from Sean Patrick Hughes on the great social challenge of our times. 
Issue #57 published 23 Apr 2020
The Matrix might solve unemployment for the unemployable. UBI + video games, might be enough to stave off societal collapse. What do you think?
Issue #40 published 23 Apr 2020
“Turning numbers into shapes so idiots can understand it”. Google AI is going to end the work of spreadsheet specialists, and is augury for the future of white collar disintermediation.
Issue #40 published 23 Apr 2020
The era of offshoring manufacturing is coming to a natural end. The race is one to be the one who can automate production. Keep an eye on this trend. 
Issue #46 published 23 Apr 2020
Dustin McKissen with a fine essay on how the future of work - and why his father-in-law doesn’t have a shot at it. He’s right of course, and we need to join his call for a society wide conversation on the economics we need to transition to in the face of inexorable tech unemployment. It’s a conversation we need to be having now. 
Issue #50 published 23 Apr 2020
According to this research from the University of Arizona, 40% of the ants just sit around, not doing very much. Why are the ‘lazy ants’ tolerated? Reserve labour / emergency food source is the fashionable theory. The things we can learn from mother nature. Original research here. Downloadable PDF here.
Issue #50 published 23 Apr 2020