Skip to main content

Signals of an unsustainable future coming from Davos

Hyper-automation impact on unemployment rise - further shrinking of the middle class - creation of a working elite - substitution of saturated Western consumers with other emerging consumer tanks


The general conclusions from the report The Future of Jobs, of the 2016 World Economic Forum, leave little room for optimistic thoughts about the future. They reflect what already most of us have realized: that the combination of the current socio-economic model with the rapid hyper-automation of production, lead to further imbalance and inequality in favor of the very few.

As Stephen Hawking mentioned recently: “If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.”

Some key points from the study:

Recent discussions about the employment impact of disruptive change have often been polarized between those who foresee limitless opportunities in newly emerging job categories and prospects that improve workers’ productivity and liberate them from routine work, and those that foresee massive labour substitution and displacement of jobs. Academics, chief executives and labour leaders hold strong and diverse views on the debate, as do policymakers. It is clear from our data that while forecasts vary by industry and region, momentous change is underway and that, ultimately, it is our actions today that will determine whether that change mainly results in massive displacement of workers or the emergence of new opportunities. Without urgent and targeted action today to manage the near-term transition and build a workforce with futureproof skills, governments will have to cope with ever-growing unemployment and inequality, and businesses with a shrinking consumer base.

Overall, our respondents seem to take a negative view regarding the upcoming employment impact of artificial intelligence, although not on a scale that would lead to widespread societal upheaval—at least up until the year 2020. By contrast, further unpacking the bundle of technological drivers of change in the mould of the Fourth Industrial Revolution yields a rather more optimistic picture regarding the job creation potential of technologies such as Big Data analytics, mobile internet, the Internet of Things and robotics. [...] Our respondents expect strong employment growth across the Architecture and Engineering and Computer and Mathematical job families, a moderate decline in Manufacturing and Production roles and a significant decline in Office and Administrative roles. [...] Conversely, 3D printing, resource-efficient sustainable production and robotics are all seen as strong drivers of employment growth in the Architecture and Engineering job family, in light of a continued and fast-growing need for skilled technicians and specialists to create and manage advanced and automated production systems. This is expected to lead to a transformation of manufacturing into a highly sophisticated sector where high-skilled engineers are in strong demand to make the industrial Internet of Things a reality.

The expected global decline in total Manufacturing and Production roles is driven by labour-substituting technologies such as additive manufacturing and 3D printing as much as by more resource-efficient sustainable product use, lower demand growth in ageing societies and threats to global supply chains due to geopolitical volatility. Some cautious optimism is warranted due to increased manufacturing demand for advanced materials and comparatively favourable expectations around robotics, pointing to the latter’s potential for labour-complementing productivity enhancement rather than pure job replacement.

The study estimates that there will be no “widespread societal upheaval—at least up until the year 2020”, due to the takeover of jobs by artificial intelligence, but is this realy a reason not to worry seriously? Think about it: 2020 is only four years from now! Say, at the end of the new US presidency.

Secondly, the study actually confirms the trend for a limited working elite between the top 1% (or less) and the bottom 99%. The 99% (or more), which will be equalized in poverty due to the gradual elimination of the middle class. This is expected to have a major impact on the socio-economic stability, even of the most advanced societies.

As already mentioned in previous article: “In the middle of the pyramid, a restructured class will serve and secure the domination of the top. Corporate executives, big journalists, scientific elites, suppression forces. It is characteristic that academic research is directed on the basis of the profits of big corporations. Funding is directed increasingly to practical applications in areas that can bring huge profits, like for example, the higher automatization of production and therefore, the profit increase through the restriction of jobs. The base of the pyramid will be consisted by the majority of workers in global level, with restricted wages, zero labor rights, and nearly zero opportunities for activities other than consumption.” [fa.ev/a-more-simple-model-in-favor]

However, by far the biggest expected drivers of employment creation are demographic and socio-economic in nature; in particular, the opportunities offered by young demographics and rising middle classes in emerging markets and the rising economic power and aspirations of women. [...] The Consumer industry is likewise reducing its Manufacturing and Production roles but anticipates at least stable overall demand for Sales and Related jobs, as rising middle classes in emerging markets, changing consumer values and, in particular, the rising economic power of women, are significant drivers of job growth in the sector.

As also mentioned: “The consumption-saturated and aging West, cannot longer contribute to the rise of profits of the global economic elite and therefore, through the economic crisis, the middle class is systematically eliminated so that its consuming power to be "aligned" with that of the majority of the huge populations of developing countries.” [fa.ev/a-more-simple-model-in-favor]

There is a huge potential of consumers due to unprecedented human population. Once wages will further rise in China-South East Asia, to be aligned with the shrinking Western wages, there will be plenty of consumers to buy more products. However, this is probably only a transition phase. It's not a matter of money, they can print as much as they want. It's a matter of power and control. Once the elites reach the point to control all the resources and the means of production, the model will change from capitalism to global feudalism.

Where it is mentioned, the artificial intelligence and machine learning driver is expected to lead to negative employment outcomes in job families such as Education and Training, Legal and Business and Financial Operations. However, it appears our respondents do not believe that these technologies will have advanced significantly enough by the year 2020 to have a more widespread impact on global employment levels. [...] current trends could lead to a net employment impact of more than 5.1 million jobs lost to disruptive labour market changes over the period 2015–2020, with a total loss of 7.1 million jobs — two thirds of which are concentrated in the Office and Administrative job family — and a total gain of 2 million jobs, in several smaller job families.

Despite that the mixture of all above is quite explosive, there is no intention by the governments and forces of the market to change the current model. On the contrary, there is a tension for further privatization of public property and businesses, and further deregulation of the market in every level. Which means that the only way for the elites to control the growing instability of this system, is by absolute suppression:

Having secured the new labor force through fully automated machines, what has left for the dominant elite now, is to take all the resources. Big corporations are grabbing huge cultivable areas especially in the developing countries in order to control food production. [...] We see a rise of private armies that act in various battlefields, like in Ukraine, exactly because in the absence of the nation-states and the national armies, someone has to protect the natural resources and the new means of production for the dominant elite. But when the arms industry will fully automate the new weapons, private armies will only serve as assistance to fully automated war machines. We already see the test fields of the weapons of future˙ the drones in Afghanistan, Iraq and elsewhere. It's not accidental that the arms industries demonstrate new weapons designed to be used inside urban areas for suppression of potential riots. There will be no "outside enemy" in the future. The threat for the dominant system will come from the interior, the big urban centers. Soldier-robots will protect worker-robots and resources.” [fa.ev/the-dominant-elite-ready-to-break.html]

Comments

Popular posts from this blog

Confirmed: Alex Jones' popularity rises after Infowars banning from social media

globinfo freexchange
We wouldn't expect to be confirmed so fast on this.
A few days ago in the article IT and social media supergiants have just made Alex Jones a hero in the eyes of the ultra-conservative audience, we wrote that Alex Jones' wet dream has just become reality thanks to the combined move by Facebook, Apple, YouTube and Spotify to ban Infowars. These private IT and social media companies couldn't give a better gift to him right now. At a time where Infowars was going through a saturated period according to the best scenario, the corporate giants actually saved it with that stupid(?) strategy.
Suddenly, a corporate branch of the liberal establishment gave real value to Alex Jones' awful performance, pretending to be the 'anti-establishment' hero - just like Donald Trump - and made him a real hero in the eyes of the ultra-conservative audience that has been brainwashed by his absurd conspiracy theories.
Only a couple of days later, Kyle Kulinski of the…

Corporate media begin typical operations to make progressives comply with the establishment

The operations will multiply and become more aggressive towards 2020
globinfo freexchange
Corporate media of the ultra-conservative side made already a ridiculous attempt to present Alexandria Ocasio-Cortez as totally unreliable. In the video, TYT hosts analyze very well the specific strategy followed by Conservative Review TV.
The strategy is quite simple: you create a fake video, you upload it on social media and after being watched by thousands you admit that it was created for satire purposes. Yet, the propaganda will be definitely effective because only a small portion will notice that this was satire. Most of the viewers (especially from the conservative audience that has been heavily brainwashed for decades to love corporate America and believe whatever comes from the Fox apparatus) will believe whatever transmitted from the ultra-conservative propaganda machine.
But the corporate media of the liberal side have a very big problem right now. It is almost impossible to start an open …

While you've been occupied with that Infowars-banning story, the establishment machine already started a covert censorship operation against leftist independent media

globinfo freexchange
Developments are coming like storm. Just when the prediction that Infowars banning will actually strengthen Alex Jones' popularity became true, it seems that our second 'prophecy' (and prediction by many progressives), also becomes true. According to this, Infowars banning will be used as a blueprint by the establishment machine to shutdown progressive independent media and voices, based on that 'fake news' narrative.
We wrote that a corporate branch of the liberal establishment gave real value to Alex Jones' awful performance, pretending to be the 'anti-establishment' hero - just like Donald Trump - and made him a real hero in the eyes of the ultra-conservative audience that has been brainwashed by his absurd conspiracy theories.
Max Blumenthal speaks with Aaron Mate and gives details about Alex Jones' dark role in the whole story:
Alex Jones has always served establishment priorities. First, by taking the 9/11 truth movement, whi…

‘I knew and approved the assassination of Maduro’ claims TV show host

globinfo freexchange
Peruvian journalist Jaime Bayly claimed in his TV show Bayly, that he was aware and had personally approved the attempted assassination of Venezuelan President Nicolas Maduro.
"My reliable sources have called me and told me 'on Saturday we will assassinate Maduro' and I told them 'do it'," he said in his show and added: "When they asked me if I would condemn their move I replied that if they want I can buy them another drone."
Referring to Maduro, the journalist called him to be on alert. "My friends," he said, "are very capable, they have already scared you and there are more to come".
In a press conference, Maduro wondered how it is possible a host of a show in the US stating openly that he was aware of the attempted assassination.
Info from:
https://info-war.gr/gnoriza-kai-enekrina-ti-dolofonia-madoyro-ischyrizetai-paroysiastis-sto-maiami/

Meanwhile, Venezuelan Attorney General, Tarek William Saab, announced Wedn…

How normal human behavior became a false mental disorder epidemic

globinfo freexchange
In the early nineties, an epidemic of mental disorder was sweeping America and Britain. It had been uncovered by a new system for identifying disorders. Psychiatry had been attacked for relying on the personal and fallible judgement of psychiatrists.
But instead, a new objective method based on checklists had been invented. These listed only the objective symptoms, and deliberately did not enquire into why the individuals felt an anxiety. In the late 80s, nationwide surveys had revealed an incredible picture: more than 50% of Americans suffered from mental disorders.
But at the very same, the drug companies had announced that they had created a new type of drug, called an SSRI, which they claimed, targeted the circuits inside the brain that were causing these malfunctions. The SSRIs were marketed under names like "Prozac". What they did was alter the amounts of serotonin that flowed across the circuit connections within the brain, and they readjusted the …

Why the rapidly escalating and most disgusting propaganda against Jeremy Corbyn is actually a good sign

failed evolution
In the UK front, the liberal establishment machine is escalating its propaganda campaign against Jeremy Corbyn through that 'anti-Semitic' smearing. In reality, his only 'crime', of course, is that he is too lefty for the totally-occupied-by-neoliberalism Britain.
After the collapse of that ridiculous Skripal case - that ended to an embarrassing fiasco for the Western clowns - the establishment machine in the UK gave up its campaign to smear Jeremy Corbyn as a Russian stooge.
The new 'brilliant strategy' of the establishment tools is simply to paint Jeremy Corbyn as 'anti-Semite'. Which is actually the permanent smearing by the mainstream media and the liberal political center - many have been bought by the Israeli lobby- against anyone who has the ‘audacity’ to condemn the Israeli crimes against Palestinians.
The logical leap in this case is literally ridiculous: if you condemn the Israeli crimes against Palestinians, immediately means tha…

The US empire was always conducting trade wars that even included deliberately created cartels

globinfo freexchange
Donald Trump is using his trade wars to support the part of the US capital that has heavily lost from free trade globalization, which is more powerful than ever in our days. This is also part of the Trump agenda to persuade Americans for his "patriotic devotion" based on his "America First" slogan.
The reality is that the US empire was always conducting trade wars that included not only tariffs on specific products, but even deliberately created cartels.
In the early 90s the Clinton administration uncritically adopted the neoliberal doctrine from Ronald Reagan and continued the big fraud against the majority of the Americans.
On the one hand, the Clinton administration was selling the big fairy tale of neoliberalism to the American public: free market capitalism would bring prosperity for all through that trickle-down fiasco. And it was translated, as always, in further cuts in public spending - more tax-cuts for the super-rich. On the other hand, …

Former banking industry insider confirms that banksters take free money from the Fed and lend it back at interest!

The 21st century fraud by the banking mafia that has become a norm after the 2007-08 financial crisis
globinfo freexchange
Nomi Prins worked as a managing director at Goldman-Sachs for 2 years and as a Senior Managing Director at Bear Stearns for 7 years, and was a senior strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank.
From the description of her latest book Collusion: How Central Bankers Rigged the World, we read:
           Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles--with government support.
Speaking to Chris Hedges, Prins reveals the greatest fraud of all times by the banking mafia. What the establishment mouthpieces would be painting as ‘crazy conspiracy theory’ up until a few years…

The establishment tools have recently eliminated a very promising progressive - here is how they did it

globinfo freexchange
In the following video, Kyle Kulinski describes how he schooled Fox tools on progressive policies. The debate was set up on the occasion of another 'interview' (4:18 - 5:22 in the video) in which Cori Bush appeared to be quite unprepared to deal with Fox’s aggressive style. Unfortunately, shortly after this ugly attack, Cori Bush, a very promising progressive, lost in primaries, and 'surprisingly', most of the establishment media (both liberal and conservative), indirectly welcomed the result with a kind of relief.


Many progressives reacted with a kind of embarrassment on Cori Bush's response, yet in reality she did nothing wrong. It was certain tactics by the Fox tool that made Bush appear unreliable, and in this case, these tactics were (unfortunately) successful.
Examine again the video.
First of all, the Fox tool literally invaded in the place and started aggressively asking questions to Cori Bush about that tax issue. The tactic is very common…

Retired US army colonel implies that a war with Iran could start with a Vietnam-type false flag operation

globinfo freexchange
After Tucker Carlson brought additional embarrassment to the pseudo-Left warmongering liberals with his anti-war positions, he tried to make Trump appear, more or less, as a kind of peace defender. He was joined by Douglas Macgregor, a retired US Army Colonel.
Both Carlson and Macgregor attempted to blame Trump's warmongering officials and the war lobby for the fact that another devastating war, this time with Iran, becomes more and more possible. The truth is slightly different because Trump has enormous responsibilities for this development too. He was from the start very hostile against Iran, he did everything in his power to kill the Iran nuclear deal and put the most bloodthirsty, anti-Iran neocons in key positions.
Yet, it would be worth to focus on a peculiar statement by Macgregor at the end of this short interview. As he said:
           You and I know that there are lot of people who would welcome conflict with Iran, that's obvious. I think the presi…