Reply to post: Gawd this article is

Basic income after automation? That’s not how capitalism works

Boris the Cockroach Silver badge
FAIL

Gawd this article is

not exactly very good

Take one example, the company I attend every day

35 years ago it employed 4 lathe setters, 4 mill setters, 2 inspectors, and about 30 machine operators

It ran 18 hrs a day (double shift) and kept the owner in Jags and foriegn holidays (and the operators were treated like crap in a classic industrial setting)

Now, we have robots and computer controlled machines, the company employs 4 lathe setters, 4 mill setters , 1 inspector, and 7 operators, spread across the same double shift system

We produce about 50% more than 35 years ago

That is the cause of the unemployment in manufacturing , and more to the point, what does happen when 1000's more jobs go as a result of automation....... 25% of the workforce sitting idle anyone?

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