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Economy

PoindexterOglethorpe

(28,488 posts)

3. We've been through this many times before.

Reply to mahatmakanejeeves (Original post)

Wed Feb 4, 2026, 01:06 PM

Feb 4

I recall a recession in the 1950s when it was being claimed that all work was going to be automated, done by robots. Well, all the jobs didn't go away then, and they won't go away now.

Some jobs do disappear entirely. Probably not too many buggy-whip makers these days. But the unemployment rate is all of 4.4%, which means almost everyone can get a job.

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Highlight:

NYT Opinion Round Table: What if Labor Becomes Unnecessary? [View all] mahatmakanejeeves Feb 4 OP

I'd like to see AI come fix my burst water pipes Wicked Blue Feb 4 #1

Labor is always necessary. markodochartaigh Feb 4 #2

my life would be poor without work rampartd Feb 4 #4

We've been through this many times before. PoindexterOglethorpe Feb 4 #3

How do you sell capitalist output if labor is a diminishing asset? bucolic_frolic Saturday #5