: How were job losses tackled after industrial revolution.

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Recent AI discussions makes it almost certain that jobs would be affected. It makes me wonder what happened when suddenly humans were replaced by machines. Assuming a lot of jobs were lost was it that lots of people suddenly found it difficult to afford meals or was it not disastrous at all and was a smoot h transition? Can we compare it to today’s AI revolution in terms of adjustment with jobs?

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Anonymous 0 Comments

Jobs were created by the Industrial Revolution. The problem was the inequality and injustice of the system.

This is the reason Marx criticized the system. That critique is called socialism. One possible answer to capitalism, based on the criticism in socialism, is communism, but that doesn’t usually work. It needs to be enforced, which causes violence.

When AI replaces call centers, lawyers, paralegals, legal assistants, copywriters, tech support, coders, computer programmers, software engineers, data analysts, advertisers, content creators, technical writers, journalists, teachers, financial analysts, personal financial advisors, traders, graphic designers, accountants, CS agents etc etc etc…

Which will happen in the next five years, we will need a new type of politics. I don’t think politicians are taking it as seriously as we are in business/investment.

We’ll need something that takes the best of capitalism and curbs the worst parts of it. Tony Blair called his solution “Third Way” socialism. And then he ruined it by invading Iraq. Meaning Britain has had to have a progressively more and more far right government since.

We will all have to pull together. Everyone. Around the world. Because this time it’s not just working class factory workers getting screwed, it’s everyone, from all classes. It could get very messy.

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