
Preview: March of the Machines
January 11, 2013 6:00 AM
Steve Kroft reports on technological advances, especially robotics, that are revolutionizing the workplace, but not necessarily creating jobs. Watch Kroft's report on Sunday, Jan. 13 at 8 p.m. ET/PT.
Robots on the rise in the workplace



The answer is on the supply curve, the whole complete curve. As you probably know I can't draw here. I will give you the book. "ON THE OTHER HAND: The Economic, Financial, and Administrative Considerations of Achieving and Maintaining a Totally Automated Global Society," B. F. Anderson, Jr. Trafford Publishing, ISBN 1-4120-3598-8.
I have some additional ideas on the left side of the curve and a model of the business cycle that superimposes over this quadriant that I have not yet published.
Also, on-the-job training is not provided to employees to sufficiently operate such machines. This would mean that a degree in a technical field is required to operate and program these devices. Not everyone is fortunate enough to attend college to obtain such a degree, and, even if they were, not everyone could afford to attend school while pursuing such a career. The use of robotics drastically decreases the potential for employment.
In addition, robotics fail much more often than people think. When a robot fails, again, someone with a degree must be called upon to repair it. Not to sound too cold, but when a human is damaged it can be very easily replaced.
Finally, if the use of robotics increases costs and decreases employment, who will purchase the products that are manufactured by robotics? Who could afford to? If the remaining amount of people who are employed, or wealthy enough to afford these products are capable of maintaining the economy then the rest of us will have to huddle over our fires in the alleys, I suppose!
My husband HATES computers has never learned to use one. want's nothing to do with them bcause he knows it wiped out his job, he could see what was going to happen long before many others could.
He is 80 now weather he will see his two friends when we o back this year, who knows.
Here's a great column from the Washington Post on this issue:
http://www.washingtonpost.com/opinions/matt-miller-the-robots-are-coming/2013/01/09/caac3e0a-5a57-11e2-88d0-c4cf65c3ad15_story_1.html
Anyone concerned about this should read the book referenced in the article above, "The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future"
http://www.amazon.com/Lights-Tunnel-Automation-Accelerating-Technology/dp/1448659817
The migrants that do work we Americans don't want to do can send money home and survive on what they are paid for only so long, but this depresses the labor rates for domestic natives and drives up the expense on the enterprising and the inheriting wealthy that have not automated their operations. The choice is simple, fix the immigration or automate and teach humans to run fleets of drones, robots and automatons.
Efficiency at its best and to me its sort of like a dance being pulled off without anyone missing a beat or step.
I wonder through how they make money with a system like this? The costs involved to set it all up and then maintenance on the robotics and building plus the computer system needed. I'm surprised they even had any real people working!
I'd love to learn more about the whole project.