Milton Friedman recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: “You don’t understand. This is a jobs program.” To which Milton replied: “Oh, I thought you were trying to build a canal. If it’s jobs you want, then you should give these workers spoons, not shovels.”
There'll always be someone to buy. For me this validates Karl Marx even more. The tendency towards overproduction & underconsumption had always been a staple of capitalism, that's what leads to all these recessions. So if capitalism can survive all these recessions then it can survive robots taking over.
@@barbudania Exactly bro, its almost like he thinks there's a difference between outmoding jobs into a more sophisticated sector and outmoding them via automation. How can he not see how these two things will produce the same results like you do🤡.
@@davidmilton5887 Good question, time to think ahead. What the most brilliant minds of the day have already figured out. And who is the most brilliant mind of the day, do you ask? If you don't know the answer already, telling you won't help.
And then they will make robots that can fix the malfunctioning robots. Sou you only need a couple workers to fix the repair robots, to maintain thousands of autonomous machines at once.
What are you talking about, wages have been stagnant sine the 70s, and the minimum wage from that "extortionary" government has remained at 7 dollars, this is in spite of inflation and price gouging from massive corprations. If anything, any face calue rise in wages is driven by market demands. Workers are not gonna be paid peanuts when they need money to live. I thoyght you guys were FOR the free market, oh I c, the free market is only for employers (the people selling the jobs and goods) not for the restor us (who only have our labour to sell), so we shouldn't be allowed to set prices for our labour? What a hypocrite. This isn't being done becuz emplyers aren't making a profit with their current emplyment structure. It's being done not to make a profit, but as Dr Michael Parenti has said many times, "to make the highest possible profit". & so its an exercise in choice, will B make me more money than continuing to do A, if the answer is yes I switch into doing B, & if I don't, I have competitors who will. Furthermore most board of directors would probably remove me as CEO becuz this company is not a philanthropic venture, we're here to make money, & if outmoding most of our input infrastructure is what its gonna take then we'll do it.
Stop crying this is what you wanted. Communism bad remember. What do you think is meant by FREE-MARKET Capitalism. As long as there's a market and I have money, I'm "FREE" to do as I plz. That's why its called a free market
Hello Dear,this is Ken from Gurki Pack,we are 25-year-old factory on packing machine,top supplier in this field.Many e-commerce and warehouse customers use our machine to cut their packing cost. Welcome to ask when in need.
Rich billionaire will even richer trillionaire buy taking aways their employees job and handling it to robots , eventually rich will get richer poor will get poorer .We never understand why billionaire with such high wealth still not satisfied with these much bills.
Awesome, with the explosion of just in time manufacturing and next day shipping logistics is becoming a nightmare. More and more stress is being put on those people and automating the hardest part of their job would be nice.
this should be a wake up call.... NO JOBS NO MONEY!! Then what happens we lose our homes and now the GOVERMENT OWNS US!!!! WAKE UP PEOPLE ITS HAPPENING NOW!!!!!!!!!!!!!!
Nobody is stealing jobs..starting of robotics revolution, it will be a problem.but just think ..most of the job will be done by robot..so there must be a common income to feed everyone and for their health...and people can do what ever passion they have..
No wonder I have been receiving items from Amazon that have been used before. Robots, check the condition of products before putting them back to the shelves!
If this kind of industry comes another definitely unemployment will growth more, automatically poor people will increase Then GDP will down, later counter will be becoming more poor..
All cargo is tracked and dimensions and especially the weight are known. Parcel carriers charge by weight to a degree so for vehicle and airplane safety even small weights are known.
I’ll be the first to start a Union for Rights for Robots and will justify if it can think it is human campaign. 😄 now pay me those union dues so I can pretend I care about your rights. 🥲
Bill Stankiewicz GEORGIA MANUFACUCTURING ALLIANCE Board Member COASTAL WORKSOURCE Board Member-Reports into Savannah Mayor Van Johnson Member of Câm ara Internacional da Indústria de Transportes (CIT) at The International Transportation Industry Chamber Professor FORKLIFT SAFETY TRAINING/OSHA/ VR Virtual Reality Training SAVANNAH TECHNICAL COLLEGE Savannah Supply Chain-CEO
Jesus Christ the Son of God loves you. The Bible tells us how he was born from a virgin, died for your sins so you wouldn't go to Hell and he was raised from the dead after three days. He is coming very soon for those who believe in him and will take his Church to Heaven. Please prepare. You will go to either Heaven or Hell. You get to decide.
@@The_Uberfly The Bible tells us there is either Heaven or there's Hell. We use Jesus' life and death to keep our years. And we use what the number of days it took God to make everything for our weeks. He's trying to show everyone he's real. And you really go somewhere when you die. Don't wait to realize the truth. "The greatest trick the devil ever did was convincing the world he doesn't exist."
I've done much warehouse work in my lifetime. No windows or natural light. Mind shrinking work.😵 The robots are most welcome to it!😂
Yup
Still a lifeline to some of us though
You had a job that paid. All jobs are crap.
Milton Friedman recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: “You don’t understand. This is a jobs program.” To which Milton replied: “Oh, I thought you were trying to build a canal. If it’s jobs you want, then you should give these workers spoons, not shovels.”
Workers cannot be trusted with tools.
@@whereswaldo5740That's not the point of the story lol
Only matter of time before they start hunting down those who overworked them day and night. Lol.
yeah whatever
Bhai ye kaise hunt kerega
They are more likely to hunt unemployed thiefs stealing from them.
Robots are not lazy.
I hope they join a solid workers Union.
Beautiful , Now when the Robots will start purchasing from Robots ? 😂
There'll always be someone to buy.
For me this validates Karl Marx even more. The tendency towards overproduction & underconsumption had always been a staple of capitalism, that's what leads to all these recessions. So if capitalism can survive all these recessions then it can survive robots taking over.
Robots will make wonders in Next generation logistics
And replace humans.
I don't know if I should be amazed or scared of this..
The beautiful thing about robots is you don't have to deal with complaints, they just work. If rather work with robots than people anyday
I wanted to see a video on this for a long time
Now import millions of unskilled immigrants to add icing on top of automation.
Me:In future what is the most in demand jobs
Friend : software developer
Me : no, hammering of robots
Imagine how many jobs are lost to robots
Imagine how many jobs were lost in the candle industry when light bulbs were invented. Damn technology
@@barbudania you missed his point robots doing the mundane jobs raises the iq level of work entry so he has a point.
@@barbudania Exactly bro, its almost like he thinks there's a difference between outmoding jobs into a more sophisticated sector and outmoding them via automation. How can he not see how these two things will produce the same results like you do🤡.
And they thought, "now how to get rid of humans......."
These robots are stealing many people's employment ☹️
They're most welcome to it!
Won't last.
Who will buy the products,if the robots have all the jobs ?
@@davidmilton5887 Good question, time to think ahead. What the most brilliant minds of the day have already figured out. And who is the most brilliant mind of the day, do you ask? If you don't know the answer already, telling you won't help.
These people are stealing many robots employment ☹
Get a new job!😊
If those bots are gonna reshape it then the best job to get is how to fix them when they malfunction.
Only need a few techs for that
And then they will make robots that can fix the malfunctioning robots. Sou you only need a couple workers to fix the repair robots, to maintain thousands of autonomous machines at once.
The effect of Govt extortion from employers to increase low-skilled wages for no reason at all other than to collect payroll taxes
What are you talking about, wages have been stagnant sine the 70s, and the minimum wage from that "extortionary" government has remained at 7 dollars, this is in spite of inflation and price gouging from massive corprations. If anything, any face calue rise in wages is driven by market demands. Workers are not gonna be paid peanuts when they need money to live. I thoyght you guys were FOR the free market, oh I c, the free market is only for employers (the people selling the jobs and goods) not for the restor us (who only have our labour to sell), so we shouldn't be allowed to set prices for our labour? What a hypocrite.
This isn't being done becuz emplyers aren't making a profit with their current emplyment structure. It's being done not to make a profit, but as Dr Michael Parenti has said many times, "to make the highest possible profit". & so its an exercise in choice, will B make me more money than continuing to do A, if the answer is yes I switch into doing B, & if I don't, I have competitors who will. Furthermore most board of directors would probably remove me as CEO becuz this company is not a philanthropic venture, we're here to make money, & if outmoding most of our input infrastructure is what its gonna take then we'll do it.
Ruining lives dont you mean?
How many jobs are lost daily to computers and AI ..
A lot are created too. The minimum skill level just tends to increase.
Stop crying this is what you wanted. Communism bad remember.
What do you think is meant by FREE-MARKET Capitalism. As long as there's a market and I have money, I'm "FREE" to do as I plz. That's why its called a free market
Hello Dear,this is Ken from Gurki Pack,we are 25-year-old factory on packing machine,top supplier in this field.Many e-commerce and warehouse customers use our machine to cut their packing cost. Welcome to ask when in need.
Rich billionaire will even richer trillionaire buy taking aways their employees job and handling it to robots , eventually rich will get richer poor will get poorer .We never understand why billionaire with such high wealth still not satisfied with these much bills.
Ever work for Amazon ? No one wants these jobs. The work sucks.
Add to this Robo Taxis, self driving long rang semi trucks, automated shipping ports. Everyone will get UBI and play video games all day.
👍
@@litiviousspartus4611 👍👍
Where is the money to buy Video games, food, water, a house to live? Please answer.
@@skyclear563 UBI
Awesome, with the explosion of just in time manufacturing and next day shipping logistics is becoming a nightmare. More and more stress is being put on those people and automating the hardest part of their job would be nice.
WE LOVE YOU!
The sortingrobotis not from Shentong, Shentong is just end user, Libiao robotics is the provider.
Helping robots, wow🎉
Nice
One Rat enough to destroy all thier root....
One day, I don't need to do anything. The robot do all. I don't have any job. No need human. Robot do the best.
That is amazing . It should reduce goods prices after Ten Years . Robots does not cost such as Humans .
So what are the plans for the human workers who will out of jobs once these plans come to fruition?
this should be a wake up call.... NO JOBS NO MONEY!! Then what happens we lose our homes and now the GOVERMENT OWNS US!!!! WAKE UP PEOPLE ITS HAPPENING NOW!!!!!!!!!!!!!!
😇 Awesome work
Do you not see the repercussions?
@@mickmamahawkmickmamahawk5829 yes, but it's still an awesome work, cant he say that?
@@The_Uberfly I believe he did.
Nobody is stealing jobs..starting of robotics revolution, it will be a problem.but just think ..most of the job will be done by robot..so there must be a common income to feed everyone and for their health...and people can do what ever passion they have..
Where can i buy this robot?
Coming to a neighbourhood near you.
That's unreal
What about GreyOrange from Gurugram India?
@Shanghai youtube greyorange and he your on judge.
It's a startup which will be going public in NASDAQ.
Cool tech . Are you guys into flying drones make deliveries to private homes yet ?
Maybe in 10 years or so.
No wonder I have been receiving items from Amazon that have been used before. Robots, check the condition of products before putting them back to the shelves!
Robots aren't processing returns, people do that. Those "used" items get put back into the stock by people.
@@jennraine Have mercy
Soon, goodbye humans... That is their goal anyways.
THERE GOES ANOTHER COUPLE MILLION JOBS. ROBOTS R TAKING R JOBS THIS MUST STOP OR MAKE THEM PAY TAXES. IF NOT WHO WILL? THE PEOPLE STILL WORKING?????
But who will buying the items,if the robots have all the jobs ?
Rich people, they will only care about luxury items
This is awesome. Somebody has a brain in his head. Just think, Amazon could replace its cranky workers this way.
That’s the reason they are hiring
Technology is a bane to humankind. Technology has deprived human from work and earning prospective.
These are used everywhere eveen in the new coles facility in Australia ❤
If this kind of industry comes another definitely unemployment will growth more, automatically poor people will increase Then GDP will down, later counter will be becoming more poor..
Please increase your technology please sir please
Bro how that forklift robot knows that the weight to be carried by it is within 1 tonne before loading? Please explain
It knows the weight of each box
All cargo is tracked and dimensions and especially the weight are known. Parcel carriers charge by weight to a degree so for vehicle and airplane safety even small weights are known.
This is a reason for unemployment 🙏
Over breeding also.
More jobs for robot and human to starve to death. How is that justified?
- แบบไหน DNA เหมาะสุดนะ
I see a pattern here...
For the wars
China power 💪💪💪 🇨🇳🇨🇳🇨🇳
好像蚂蚁一样，感觉这个东西看起来很可爱
& making people jobless
I’ll be the first to start a Union for Rights for Robots and will justify if it can think it is human campaign. 😄 now pay me those union dues so I can pretend I care about your rights. 🥲
For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.
John 3:16/
nice work! Sincerely,
Bill Stankiewicz
GEORGIA MANUFACUCTURING ALLIANCE Board Member
COASTAL WORKSOURCE Board Member-Reports into Savannah Mayor Van Johnson
Member of Câm ara Internacional da Indústria de Transportes (CIT) at The International Transportation Industry Chamber
Professor FORKLIFT SAFETY TRAINING/OSHA/ VR Virtual Reality Training
SAVANNAH TECHNICAL COLLEGE
Savannah Supply Chain-CEO
100% tru I’m a indrustial Mecanic and this it’s the new 2020 this or new sentruy
😂U gotta luv capitalism. All this technological innovation so one EXTREMELY small group of very rich individuals can benefit.
Capitalism to the end.
工人都無法休息
Senden abi benim robotum yapabilir misin🕵️🕵️♀️🕵️♂️🕵️🕵️♀️🕵️♀️🕵️♀️👨🏫🕵️🕵️🕵️🕵🏾♀️🧓🏻
ជេីងដេីរបរិមាណរាងតូចពេក
😡😠😡
Jesus Christ the Son of God loves you. The Bible tells us how he was born from a virgin, died for your sins so you wouldn't go to Hell and he was raised from the dead after three days. He is coming very soon for those who believe in him and will take his Church to Heaven. Please prepare. You will go to either Heaven or Hell. You get to decide.
No, there is only nothingness when you die
@@The_Uberfly The Bible tells us there is either Heaven or there's Hell. We use Jesus' life and death to keep our years. And we use what the number of days it took God to make everything for our weeks. He's trying to show everyone he's real. And you really go somewhere when you die. Don't wait to realize the truth. "The greatest trick the devil ever did was convincing the world he doesn't exist."