GLOBALIZATION and AUTOMATION – How they are Causing Poverty, Economic Inequality and Insecurity
Published on July 2, 2016
By: Jerry D. Gish CEO: Teamworks Marketing Group, Inc. ExecutiveFoundersTeam@gmail.comMarketing Group, Inc.
( There is a wave coming, a big one and others will follow. Have you taken action ? )
What is is the driving force behind poverty, economic inequality and insecurity?
Two big and unstoppable forces:
GLOBALIZATION – is where someone in America or Europe, as an example, who is accustomed to earning $25/hour to $40/hour…… loses his/her job because current political policies make it very easy to give that job to someone in China or Vietnam who is willing to do the same job for $1/hour to 2/hour. If you live outside America, you might say, who cares what happens in America? You should care, because it WILL affect you too, as I’ll explain in a moment.
As jobs move away, sometimes seemingly overnight, the people losing their jobs do not have time to retool and/or re-educate themselves to move into another career. The changes happen so fast that employees have little ability to react, if at all. Everyone is left feeling overwhelmed. And many are feeling angry.
AUTOMATION – is where jobs are replaced by software or robots. This is happening around us very quickly. For example – Skype, with only a few hundred employees, is rapidly replacing millions of jobs that once supported long distance telephone companies around the world….
Walmart, using smart centralized “big data” has wiped out 10’s of thousands of mom and pop shops…… only to have Amazon beginning to do the same to Walmart.
Or when digital music, distributed over the web, decimates the entire global music industry…… or e-books wipe out bookstores around the world…when millions of travel agents have been replaced by a few dozen travel websites that employee no more than a few hundred employees. You get the picture. Software and automation are wiping out jobs at an ever increasing pace! 20 years ago, if you predicted these changes would happen this quickly, you would have been laughed out of the room. And it is only going to get worse as the pace accelerates.
The rate of change is increasing.
In the next few years, the effects of automation will be felt in even bigger ways. Need an example? Let’s take a look at the #1 most popular job in many countries around the world (the job that more people do than any other type of job) — the U.S. included.
The number one type of job involves driving a vehicle. Truck drivers, bus drivers, taxi drivers etc., …… and self-driving automated (driver-less) cars are on the way. Massive competition is underway between all of the car companies in addition to the tech giants such as Google, Apple, Uber, etc.
In the next decade, almost all drivers will be replaced by self-driving vehicles. In fact, it’s easy to predict that, soon after self-driving cars become the norm, in many/most parts of the world, it will slowly but surely become illegal for humans to drive a car on public roads….… because humans, unlike computers, don’t have hundreds or thousands of sensors noticing every little movement on the road and talking to all other computerized vehicles in the vicinity at the same time.
It will simply be too dangerous to have humans driving on those same roads. Motor vehicle accidents are the #1 leading cause of death for young people globally. Road traffic injuries are the number 1 cause of adolescent deaths globally and the second largest cause of illness and disability for them. Humans will not be able to compete with the safety that automated cars can provide; so driving on most public roads will likely eventually become illegal around the world in an attempt to drive down road traffic injuries and death.
If you look at most of the other top types of jobs, it’s getting easier to see the same pattern and It takes very little imagination to see that eventually most job, from doctors to waiters to teachers to factory workers will be replaced by more efficient, harder working, cheaper and more effective software applications and robots.
Great wealth will be (and IS already being) generated
The companies that bring these technologies to the world will create massive wealth for their founders, major shareholders and a few key employees. But for everyone else, these technologies will wipe out their jobs; they and their labor will simply no longer be needed.
The result will be unemployment like we have never witnessed before – not even in the greatest of depressions.
In the past, when technology replaced workers, the workers eventually found new jobs. For example, when new technology (such as tractors, fertilizer, etc.) pushed workers out of the farms, those folks moved on to all the new factories that new technology was enabling. But this time, automation is coming to everything so quickly that the world will hardly be recognizable in just ten or so years.
Summary: Globalization and Automation are about to usher in a new era of unemployment, poverty and inequality on a global scale of epic proportions. Are you ready? Ask yourself, “what skills do I have that cannot be replaced by a robot or an updated software program”. Scary, isn’t it!
This article makes it obvious that new and sustainable means of earning an income that will provide a quality level of living is becoming more and more important for Americans and people around the world. Let me also note that Markethive ( Market Networking – Inbound Marketing ) is leading the way for more and more individuals to make a living working out of their homes. If you would like to learn more or get involved, click the links below.
Venable Dance, Enterpreneur