Business & Finance5 mins ago
Technology
5 Answers
IS new technology increase the unemployment?
Answers
Best Answer
No best answer has yet been selected by jhondonad. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.If I understand the question correctly then technology brings with it both destruction of older jobs and the creation of new. Ultimately one hopes it will remove the tedious dangerous and otherwise unpleasant jobs and yet leave the creative enjoyable ones. Not totally convinced that is inevitable though. Data input is very boring. But for sure the upheaval will affect some folks lives adversely, at least for a while. And almost certainly it will affect those who work and not so much those who are able to control and take financial advantage (or who never work anyway).
You can go back hundreds of years to see that new technology puts some people out of a job, but makes new opportunities for others.
I was watching a program about the history of London's bridges the other day.
For many years the only bridge across the Thames was the old London bridge, so if you were nowhere near the bridge there was a group of men who rowed people across the Thames in boats. They has their own union called The Company of Watermen.
http:// en.wiki pedia.o rg/wiki /Compan y_of_Wa termen_ and_Lig htermen
Whenever a new bridge was planned to be built The Company of Watermen would complain and say it was going to put their men out of work, so they were paid a sum of money to keep them quiet.
Of course as more and more bridges were built across the Thames less and less men were needed to row across the Thames, so that now there are probably none.
However the increase in bridges has allowed London to grow and become one of the largest and wealthiest cities in the world.
But would that be the case if we still only had one bridge across the Thames?
With all new technology there are winners and losers.
See luddites
http:// en.wiki pedia.o rg/wiki /Luddit e
I was watching a program about the history of London's bridges the other day.
For many years the only bridge across the Thames was the old London bridge, so if you were nowhere near the bridge there was a group of men who rowed people across the Thames in boats. They has their own union called The Company of Watermen.
http://
Whenever a new bridge was planned to be built The Company of Watermen would complain and say it was going to put their men out of work, so they were paid a sum of money to keep them quiet.
Of course as more and more bridges were built across the Thames less and less men were needed to row across the Thames, so that now there are probably none.
However the increase in bridges has allowed London to grow and become one of the largest and wealthiest cities in the world.
But would that be the case if we still only had one bridge across the Thames?
With all new technology there are winners and losers.
See luddites
http://
look at the car industry that we have here such as Nissan etc all assembly is mainly robotic now instead of hundreds of people doing this and yes some jobs created but not near the amount robots have displaced
as far as i can see the robotics are either from far east, germany, and italy.
look at the series on the quest tv channel "how its made" very interesting to watch
as far as i can see the robotics are either from far east, germany, and italy.
look at the series on the quest tv channel "how its made" very interesting to watch
-- answer removed --