Wednesday, October 15, 2014

Robots vs. Minimum Wage

Yet another commentary about the threat of automation taking over human jobs and that minimum wage increases will speed up that takeover. I suppose I shouldn't be surprised that the writer, a libertarian, suggests the best way to deal with the advent of robotics is to get onboard:

"There is a way that Puerto Rico can benefit from this paradigm shift. Education officials could make robotics a core class beginning in grade school. It should be continued throughout high school and be required for graduation. Understanding how robots work and are programmed and maintained will give Puerto Rican school children and young adults a leg up in the new robotic world order."

I guess that makes sense in the short term. What else can you do? The problem as I see it is that automation, combined with artificial intelligence, is going to eventually take those jobs, too.


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