Technology used to replace dumb people doing dumb jobs.
But now the internet is destroying the economic industries that support music and journalism.
The interview mentions that these professions are like the canary in the mine. And soon technology will find ways to replace other professions as well. University teaching and legal services is one that I see comiing under pressure in the future.
So - the old arguments that technology is just replacing crappy jobs needs to be changed slightly.
Also - alot of the work that used to be done as paid labour. Is now being outsourced to ordinary people who are doing it for free. And that is bubble type thinking which is unsustainable. And at the same time - the economic value generated is being siphoned off by the owners. As opposed to being spread amongst paid employees.
This is all taken from the interview I originally linked to. But I find it interesting since it fits well with alot of the thinking about capitalism I have come across through the work of Karl Marx.
But now the internet is destroying the economic industries that support music and journalism.
The interview mentions that these professions are like the canary in the mine. And soon technology will find ways to replace other professions as well. University teaching and legal services is one that I see comiing under pressure in the future.
So - the old arguments that technology is just replacing crappy jobs needs to be changed slightly.
Also - alot of the work that used to be done as paid labour. Is now being outsourced to ordinary people who are doing it for free. And that is bubble type thinking which is unsustainable. And at the same time - the economic value generated is being siphoned off by the owners. As opposed to being spread amongst paid employees.
This is all taken from the interview I originally linked to. But I find it interesting since it fits well with alot of the thinking about capitalism I have come across through the work of Karl Marx.