the fact is, right now they don t have jobs. and we are in a transition. and with the optimism, the transition will end somewhere, but it doesn t end yet. i think in the middle, you have a lot of these low-paying jobs that are created. maybe you sell something on etsy, not for very much, maybe you re on taxgrab or odesk and that to me is the future, the distopic version of the future is what i would call the butler economy, and what the butler economy looks like is, all the warehouse jobs become robots, right? and the products get flown to you and everything is super efficient, right? and the jobs that are left that involve labor are being yoga instructors, personal cooks, home care nurses and butlers to people with a lot of money. essentially, the thing you can t get rid of it care, and care becomes what the economy does and care is what the economy does for the increasing robert, yes. now, that s what s happening already. i mean, you have as retail jobs, really, the number
industries fall away, but in general, these sorts of innovations are a good thing. it s good that it s easier for people to buy and sell things, and in general, in the past, the economy has figured out new things for people to do. yes, right, so, there s a thing called the lump of labor fallacy, which is this idea that every time there s a new labor-saving device that no one s going to have jobs anymore and people have been writing about this specter of automations since the 1700s, in fact. right. but there is worry that automation is getting to a point now where you really do start to encounter a real problem, right? like, how are people if you have these frictionless shops of all these interactions commercially or frictionless, like, where are the jobs going to come from? well, on main street right now it s tough, right? i mean, he said it before, all of the main streets that are working right now are in these wealthy areas, and the other places, people don t have jobs. the
wealthy areas, and the other places, people don t have jobs. the fact is, right now they don t have jobs. and we are in a transition. and with the optimism, the transition will end somewhere, but it doesn t end yet. i think in the middle, you have a lot of these low-paying jobs that are created. maybe you sell something on epsy, not for very much, maybe you re on taxgrab or odesk and that to me is the future, the distopic version of the future is what i would call the butler economy, and what the butler economy looks like is, all the warehouse jobs become robots, right? and the products get flown to you and everything is super efficient, right? and the jobs that are left that involve labor are being yoga instructors, personal cooks, home care nurses and butlers to people with a lot of money. essentially, the thing you can t get rid of it care, and care becomes what the economy does and care is what the economy does for the increasing robert, yes. now, that s what s happening al
factor tip of the day in a moment. a smear directed at me. first the mail. toronto, canada. 50 years ago some americans were called communists to diminish them. same thing today is down with racism. it s the new mccarthyism. you and bernie have more insight on black crime than most other journalists combined. good for you. bill, there you go again blaming single parent homes for black crime. the reason there are single parent homes is because black men don t have jobs. good grief. they abandon children because of selfishness. if you re unemployed you can spend more time with your kids, right? get a grip. rick from indiana. reverend degraaf says we can t read the minds of young black men who commit crimes but
factor tip of the day in a moment. a smear directed at me. first the mail. toronto, canada. 50 years ago some americans were called communists to diminish them. same thing today is down with racism. it s the new mccarthyism. you and bernie have more insight on black crime than most other journalists combined. good for you. bill, there you go again blaming single parent homes for black crime. the reason there are single parent homes is because black men don t have jobs. good grief. they abandon children because of selfishness. if you re unemployed you can spend more time with your kids, right? get a grip. rick from indiana. reverend degraaf says we can t read the minds of young black men who commit crimes but apparently he can read the minds