I resteemed this but I feel the need to comment. This is a problem.
It has come to the point where only the top 10 percent of Americans are seeing their wealth grow while the bottom 90 get less and less of the pie each year. The driving force of this wealth chasm are the top 0.1 percent, who have seen their share of the nation’s wealth grow the most over the past decades, from 7 percent in 1979 to 22 percent today. In fact, the top 0.1 percent are now worth more than the entire bottom 90 percent of the U.S. population, according to the report, which adjusts for the shrinking size of the American family so as to enable comparisons across time periods.
It's more of a problem when the poor quality,(and getting worse) of the public schools is considered. In the Ghetto and other democratic run enclaves there is only public education in name, not in fact. The graduates can't even read. How are they going to earn a living?
Additional, and a much GREATER problem is technological unemployment.
It's not going to stop.
for example... taxi drivers will soon be obsolete as will truckers.
This is but the tip of the iceberg. Unemployment is NOT going down...it's going to skyrocket.
Then what?
You are right umemplyment will skyrocket.
And in principle, this is a good thing.
Especially since so many jobs are Bullshit jobs. We need to move away from the protestant work ethic which is dominating our culture however, and focus on what we want to do as individuals, and as a society, provide the services that people need.
Let´s automate all the tasks that needs to be done but are dangerous or boring, remove all the jobs that are useless,(like in corporate law and advertising. On that note here is a fun list of all the jobs you have in advertising:http://www.americasjobexchange.com/job-descriptions/marketing-and-advertising-jobs
By fun, i mean as in tragicically funny.
All these jobs are useless. The only way to remove useless jobs permanently is to go beyond the monetary system, to a post-scarcity society.
No activity whatsoever should be done unless it either: A, Fullfills a useful function, or B, is fun, or interesting or self-fulfilling.
Making a profit does not fulfill these functions, unless the profit making in itself is really a kind of gaming adddiction, which I suspect to often be the case.
We have lost track of how society works. You don´t eat, or own a computer because you have money,but because these things are produced.
If we for instance say that a certain building costs a million dollars, the real cost is the material and the work but into it. If the salaries of the workers were half then the cost is lower.
So we are not really conncting with reality when we talk about how much things cost. It´s based on an oppresssive abstraction.
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Technology is hitting an exponential point... even think about "Steemit" this website is incredible for what it can do for mankind. It will become a paid-topost-facebook. The same amount of bad as good will come from tech. Maybe more bad. Will see though... I followed you please check out my page! I look forward to reading more of your content.
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Once the technology for automation is perfected the insurance companies will probably raise their rates against human operators and companies which employ skilled humans.
But there is hope for mankind too. When commonly we understand dielectricity, magnetism, and the ways in which we can usefully harvest free energy with gadgets like the simple joule thief circuit, then new paths of opportunity can be found for all the biomass of humanity.
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