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View Diary: The Nano Revolution: America's Future (13 comments)

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  •  Tsk, ts, tsk (0+ / 0-)

    You say my diary is "silly and uninformed" --- I'd like to think it's "abstract and thought-provoking". It wasn't meant to be an historical study of technology and it's affects on the labor market, but a more far-reaching look into the possible future of its applications, no matter how extreme (as I just presented it).

    But I won't insult you, but only thank you for your lengthily comment.

    The United States is now well into a de-industrialized, information age in which the economy is not producing enough good jobs to sustain a strong middle class. That's a well-documented fact, not my personal opinion. There have been numerous studies, reports, and op-ed articles on this subject.

    Tell me how you think American workers have shared in the increased corporate profits that automation has provided for the last 40 years. Do we have too many high-paying jobs? Do prices keep going down too low? Can we buy too much with far less of the too much we're earning? No, no, and no. Only wealth inequality and wage disparity has increased, and is exponentially increasing, in both gap and time.

    The argument about "horseless carriages" is as obsolete as carriages. But I agree with you...technology in itself is neither good nor bad; only the uses to which it is put are good or bad.

    CEOs use technology to increase corporate profits --- to increase executive paychecks, not to hire more people and pay them higher wages. To believe THAT might be even more "silly and uninformed".

    If people won't go protest in the streets, then they'll end up sleeping on them instead.

    by Bud Meyers on Tue May 14, 2013 at 01:19:49 PM PDT

    [ Parent ]

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