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Venezuela, Oh Venezuela, Oh Happy Happy Land.

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cassa333 | 01:16 Sat 14th Oct 2017 | News
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That's what we will become if Corbyn gets his way.

http://www.bbc.co.uk/news/uk-politics-41614820
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Didn't realise Venezuela had so many robots. More technologically advanced than I thought.

Some workers supply their own work tool's now, but I can't see many being able to afford a robot. On the other hand workers control the company machines now, such as lathes or grinders, or the office printer.
Erm yes not sure I see the connection to Venezuela, apart from vague rhetoric on workers' ownership.

It's a fanciful and meaningless suggestion which does not address the real change that automation is going to bring - i.e. that it will make the skills of millions of people redundant and surplus to requirements.

The only way to counter this problem is to fundamentally alter the economy and society to one in which not all people are expected to work. How to do that is currently rather up in the air, but the sooner we start thinking on those terms, the sooner we might be prepared.
Cloud cuckoo thinking again from Corbyn.

So the workers ‘own’ the robots? Won’t these robots be fairly expensive, meaning that whoever invested in their design and construction will want recompense? How is this to be handled?

No joined up thinking.
Oh, and as for his Uber scenario where a cooperative decide their pay.......He seems to have forgotten that competition sets what people get paid. Yet more socialist clap trap.

God help us if this commercially illiterate eejit ever gets into power.
// society to one in which not all people are expected to work.//

That can never happen. No one is going to want to do horrid jobs that robots cant do or are not commercially viable whilst another sits on his/her jacksie for the same brass. Exactly the same problem Socialism has which is why that never works either.
//That can never happen//

Then expect society to fall apart. Because we need to figure out some way to make unemployment productive or not socially damaging - which the current system cannot easily cope with.

It's probably worth stressing that this is already starting to happen. My husband works at an international company where the most advanced new factories need only 15 people to run; in warehousing, storage, law, and finance, machines are already displacing humans on a significant scale. It's only a matter of time before robots are a sufficient improvement on human drivers (who are rather crap) and start replacing them in transport.

Ignoring this problem is not going to make it go away. We need to find some way to adapt, because at the moment there isn't an obvious alternative to the system we've got.

Oh and Corbyn's solution is vapid rubbish. It does not matter who owns the machines - they are still going to replace people, and that's the crux of the problem.
Retirement at 50?
The problem is that any government needs to build up massive reserves of cash for when this starts to seriously take hold, which will be in the next 20/30 years, so not long.
Alternatively, people need to contribute a far higher %age to their personal pension pot from the moment they start work.
I agree with you, Kromo. For what it's worth.
%age of their income, if that wasn’t clear.
The government can move the massive reserves of cash from the Welfare budget as, for every individual that retires, that's one fewer younger person unemployed. Unless one feels that massive reserves of cash are going to be needed for welfare anyway, but then that's a different issue than at what age folk should retire.
cassa333

Please explain the Venezuela reference.

In the meantime, Corbyn's thinking is a bit muddled to say the least.

Robots have already taken over the workplace, and because of them our economy is growing, not shrinking, and whole swathes of new industry rely on them.

These robots are called computers.

Effectively they have automated vast amounts of work that had to be done manually.

The world has not come to an end. What will happen is that a number of manual trades will disappear. Schoolchildren in the future will have to deal with that and study for subjects that industry demands.

This has been happening since the Industrial Revo...

No...I can't go on.

What is the Venezuela reference, and can't we pick on a country that's easier to spell???
Like Lichtenstein.
Kromovaracun
Erm yes not sure I see the connection to Venezuela, apart from vague rhetoric on workers' ownership.


So you can see a connection then?
//It's only a matter of time before robots are a sufficient improvement on human drivers (who are rather crap) and start replacing them in transport. //

in public transport, that won't ever happen completely. reference Qantas 032 - no machine could have brought that aircraft in for a safe landing.

https://en.wikipedia.org/wiki/Qantas_Flight_32
https://qf32.aero/2013/06/28/atsb-final-report-on-qf32/
Talbot

Only a flimsy rhetorical one. I'd hope Cassa was making it based on more than that.
cassa could have been clearer on whether she wanted to discuss robots or Corbyn and his brand of socialism.
Cassa is never clear on what she wants to discuss.
-- answer removed --

Since someone has already mentioned "Corbyn and his brand of socialism." he/that really has to be the biggest threat to our future that The UK faces atm.

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