Providing gainful employment for everyone is the defining economic challenge of the 21st century. I do not believe the answer lies in capitalism, communism, or socialism. The only feasible answer I know of lies in widespread voluntary obedience to the Law of Consecration.
So, that's the solution. The below excerpt from this article tells you a bit more about the problem.
Vardi insisted that even if machines make life easier, humanity will face an existential challenge.
"I do not find this a promising future, as I do not find the prospect of leisure-only life appealing," he said. "I believe that work is essential to human wellbeing."
*snip*
Last year, the consultant company McKinsey published research about which jobs are at risk thanks to intelligent machines, and found that some jobs – or at least well-paid careers like doctors and hedge fund managers – are better protected than others. Less intuitively, the researchers also concluded that some low-paying jobs, including landscapers and health aides, are also less likely to be changed than others.
In contrast, they concluded that 20% of a CEO's working time could be automated with existing technologies, and nearly 80% of a file clerk's job could be automated. Their research dovetails with Vardi's worst-case scenario predictions, however; they argued that as much as 45% of the work people are paid to do could be automated by existing technology.
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If I esteem mankind to be in error, shall I bear them down? No. I will lift them up, and in their own way too, if I cannot persuade them my way is better; and I will not seek to compel any man to believe as I do, only by the force of reasoning, for truth will cut its own way.
I could not love thee, dear, so much,
Loved I not Honor more.
So, that's the solution. The below excerpt from this article tells you a bit more about the problem.
Vardi insisted that even if machines make life easier, humanity will face an existential challenge.
"I do not find this a promising future, as I do not find the prospect of leisure-only life appealing," he said. "I believe that work is essential to human wellbeing."
*snip*
Last year, the consultant company McKinsey published research about which jobs are at risk thanks to intelligent machines, and found that some jobs – or at least well-paid careers like doctors and hedge fund managers – are better protected than others. Less intuitively, the researchers also concluded that some low-paying jobs, including landscapers and health aides, are also less likely to be changed than others.
In contrast, they concluded that 20% of a CEO's working time could be automated with existing technologies, and nearly 80% of a file clerk's job could be automated. Their research dovetails with Vardi's worst-case scenario predictions, however; they argued that as much as 45% of the work people are paid to do could be automated by existing technology.
--
If I esteem mankind to be in error, shall I bear them down? No. I will lift them up, and in their own way too, if I cannot persuade them my way is better; and I will not seek to compel any man to believe as I do, only by the force of reasoning, for truth will cut its own way.
I could not love thee, dear, so much,
Loved I not Honor more.
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