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I'm looking at the big picture. Human beings being replaced by machines. |
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You don't see a knee happening in the worker-displacement curve?
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Don,
Knee? I tried to google and found nothing definite. I am sure it is a common term over my head. I assume it is a peak followed by a roll off, kind of forming the shape of a knee. Correct? If so,, I don't think I see it, maybe a leveling off. But I also see our country becoming a manufacturing giant again. Mostly due to chronic global warming changes. I think we will be one of the countries that can best weather that, and thus produce goods for the rest of the world. |
Knees are seen in exponential curves. Exponential curves show up in all kinds of situations, where you have a sort of compounding change happening, like population growth. What happens is growth seems slow at first, then it takes off like crazy. A sort of informal word for the area when it goes from slow to fast is the 'knee.'
The idea I was suggesting to Finn was that the displacement of workers by machines has been building for a while, but slow growth in the past doesn't mean it won't get real fast in a short time. Picture shows a mark at the middle of the 'knee' of an exponential curve: https://i.stack.imgur.com/a39nO.jpg |
Got it and then yes. I do see many reasons a "knee" may occur.
thanks! |
Here's an interesting article on the subject of a guaranteed minimum income.
https://www.theguardian.com/commenti...l-basic-income Quote:
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Give poor people money, and they act better, like other people with money. Wow! When you get over the shock, read the link, and get a few details. |
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