Behind the Curve

“More than a third of U.S. jobs could be at “high risk” of automation by the early 2030s, a percentage that’s greater than in Britain, Germany and Japan, according to a new report.

The analysis, by accounting and consulting firm PwC, emphasized Friday that its estimates are based on the anticipated capabilities of robotics and artificial intelligence, and that the pace and direction of technological progress are “uncertain.”

It said that in the U.S., 38 percent of jobs could be at risk of automation, compared with 30 percent in Britain, 35 percent in Germany and 21 percent in Japan.”

Again Tupelo leaders are not thinking ahead. The future is not what Tupelo economic planners are working for. They are milking the last few cents out of the government supported poverty. Tupelo needs to export value not try to attract tourism. Tupelo needs to attract the young professional not blue collar workers. Tupelo needs research and cutting edge design in electronics, aviation, medical biology, water treatment, food production, drugs, etc. this will not happen as the old mafia fathers practice the same old buddy system that makes young ideas leave. Tupelo should be ashamed of taking government money and not standing on its own two feet.

It is just a matter of time for that the local retail powers collapse.

“The industry most affected by automation is manufacturing. For every robot per thousand workers, up to six workers lost their jobs and wages fell by as much as three-fourths of a percent, according to a new paper by the economists, Daron Acemoglu of M.I.T. and Pascual Restrepo of Boston University. It appears to be the first study to quantify large, direct, negative effects of robots.”

John Galt Speaks

” You have cried that man’s sins are destroying the world and you have cursed human nature for the unwillingness to practice the virtues you have demanded .Since virtue, to you, consists of sacrifice, you have demanded more sacrifices at every successive disaster. In the name of a return to morality, you have sacrificed all those evils which you held as the course of you plight. You sacrificed justice to mercy. You have sacrificed independence to unity. You have sacrificed reason to faith. You have sacrificed wealth to need. You have sacrificed self-esteem to self-denial, You have sacrificed happiness to duty.”

Atlas Shrugged

Perhaps we need more debate about lifestyles.