Todd William

A Brief Thought Experiment ~ Technology & Jobs

What if there were no longer enough jobs to support society?

One of the big fears of technological advancement is the displacement of workers. If humans create machines capable of replacing most jobs, a lot of people will end up out of work.

Yet history has shown that employment is not a zero sum game. Technology can displace a massive number of workers while simultaneously producing new opportunities. Less than 200 years ago over 80% of the employable population held jobs in agriculture. Thanks to technology and a lot of human ingenuity, that number has been reduced to well under 5%..

The Value of Efficiency

This is a good thing, not because displacing workers is favorable, but because making any process more efficient is a win for society. It is this reason why you can walk into a grocery market with a few bucks in hand and find more than enough options to feed yourself for the day. 

But we forget, because we're not after mere nourishment ~ that's beneath most of us. We buy items based on flavor, and thus, a few bucks doesn't cut it. 

Consider what it would take for you to produce some of the meals you regularly eat on a farm of your own

How many hours (more likely days) would it take for you to produce even a crappy version of eggs, bacon, toast, and orange juice. 

Make no mistake, technology will replace jobs. This is something that has continually occurred for centuries, and history has proven that not only should you be happy about it, but that you overlook how grateful you ought to be. 

Why? Because technology makes things more efficient, and that efficiency vastly improves the average quality of life for everyone, even those that lose jobs in the short term. 

What if it's Different This Time?

As the saying goes, past performance is not necessarily indicative of future results. What if technology really does eliminate the need for enough jobs for everyone. Suppose we're all fighting for a much smaller portion of working hours. What then? 

Perhaps we're not asking the right questions. 

If you knew that you'd earn a little less money in the future, but you'd only have to work 50% as much, would that necessarily be so problematic? 

Stretch it out a little further. If you knew that you could maintain close to the same quality of life while having to work only 1 hour a week instead of 40, wouldn't you jump at the chance? 

Maybe the right question should be what we're aiming for as a society.

Why is Employment even the Goal?

The folly is trying to measure everything by a static definition of what is "good". If your income dropped 10% but everything you buy gets 20% cheaper, this is a good thing - but not if you judge by income alone. 

Until the early 1900s, the 8 hour workday was not the norm. The average workers put in 12-14 hour days to make ends meet, and often worked 6 or 7 days of the week. 

You're asked to do a lot less today just to be average. 

But let's be honest. You don't compare yourself to people in history, you compare to those around you, so these benefits go completely unseen.

Objectives

Our standards change with the technology we build. Why is working an 8 hour/day job so vital? 

We're so obsessed with trying to ensure that everyone can find employment that maybe we're shortchanging ourselves. What's really important in the big picture? 

The most important thing is time. We want as much time as possible to do the things we love doing. 

Maybe we should be aiming to maintain the same quality of life by having everyone work 4 hours a day, or even less. That seems to be a much better goal than ensuring everyone is working 40 hours a week. 

But that would require embracing technology in lieu of the possibly of job losses, something not everyone is ready to do.  

Are you?

Todd William

About Todd William -

My name is Todd William and I’m an indie author. I like to focus on the positives in life. I’m like kryptonite for cynics. I’m a dedicated father and husband, a science and tech buff, a psychology enthusiast, chess and MMA fanatic, and noble introvert. My biggest fault might just be that I’m annoyingly happy all the time.

I’m addicted to books. I read constantly on a variety of topics, the result being that I tend to know a little about a lot of things yet not a whole lot about any one thing. I lay no claim to superior wisdom. I merely have an unyielding appetite for knowledge coupled with a strong desire to contemplate intriguing thoughts.

6 comments

Write comments
Robert
AUTHOR
December 13, 2017 at 2:59 PM delete

An interesting topic. I have to admit that I am worried about the use of technology and how it could replace everyday jobs. However as you rightly put it, I don't think I would mind this as much if it meant I could just work a four hour day. This would really improve my quality of life but not if my wages dropped by 50%. I do believe there is a good balance to suit all.

Reply
avatar
David
AUTHOR
December 14, 2017 at 8:53 AM delete

Tim Ferris, in his book the 4 Hour Workweek would argue that the best way to live one’s life is to automate everything so that we are only required to work a bare minimum number of hours, and have technologically automated systems take care of the “busy work” we often find ourselves doing. It’s an interesting point you make, as with the world’s first robot citizen that apparently has the ability to emotionally reason, it might only be a matter of time before technology does replace a lot of our jobs.

Reply
avatar
Susan
AUTHOR
December 14, 2017 at 9:32 AM delete

Looking back 10 years, you can see how technology has come on. Who would have thought that you could do all of your banking online through a mobile phone app. This for sure is reducing the need for humans to be employed in banks, but they are not replacing the need for humans all together. Apps need to be designed and then debugged. I guess that in time these skilled people could work less hours, for more money but what about the unskilled people. Their jobs would be taken over by technology meaning more people would slip below the poverty line.

Reply
avatar
abc123
AUTHOR
December 15, 2017 at 10:34 AM delete This comment has been removed by the author.
avatar
Edward
AUTHOR
December 15, 2017 at 12:31 PM delete

Tim Ferris, in his book the 4 Hour Workweek would argue that the best way to live one’s life is to automate everything so that we are only required to work a bare minimum number of hours, and have technologically automated systems take care of the “busy work” we often find ourselves doing. It’s an interesting point you make, as with the world’s first robot citizen that apparently has the ability to emotionally reason, it might only be a matter of time before technology does replace a lot of our jobs.

Reply
avatar

6 comments:

  1. An interesting topic. I have to admit that I am worried about the use of technology and how it could replace everyday jobs. However as you rightly put it, I don't think I would mind this as much if it meant I could just work a four hour day. This would really improve my quality of life but not if my wages dropped by 50%. I do believe there is a good balance to suit all.

    ReplyDelete
  2. Tim Ferris, in his book the 4 Hour Workweek would argue that the best way to live one’s life is to automate everything so that we are only required to work a bare minimum number of hours, and have technologically automated systems take care of the “busy work” we often find ourselves doing. It’s an interesting point you make, as with the world’s first robot citizen that apparently has the ability to emotionally reason, it might only be a matter of time before technology does replace a lot of our jobs.

    ReplyDelete
  3. Looking back 10 years, you can see how technology has come on. Who would have thought that you could do all of your banking online through a mobile phone app. This for sure is reducing the need for humans to be employed in banks, but they are not replacing the need for humans all together. Apps need to be designed and then debugged. I guess that in time these skilled people could work less hours, for more money but what about the unskilled people. Their jobs would be taken over by technology meaning more people would slip below the poverty line.

    ReplyDelete
  4. This comment has been removed by the author.

    ReplyDelete
  5. Tim Ferris, in his book the 4 Hour Workweek would argue that the best way to live one’s life is to automate everything so that we are only required to work a bare minimum number of hours, and have technologically automated systems take care of the “busy work” we often find ourselves doing. It’s an interesting point you make, as with the world’s first robot citizen that apparently has the ability to emotionally reason, it might only be a matter of time before technology does replace a lot of our jobs.

    ReplyDelete