Newsletter: Economy Of The Future-Economic Democracy | PopularResistance.Org

This Labor Day weekend rather than looking at the history and current struggles of workers, we look to the future and imagine what will work be like in 2025 or 2050. What will the overall economy look like? What is our vision for an economy that works for the people?

RobotAutoManufacturingThe Future of Work

“There are some major trends that indicate we are in the midst of a radical transformation of what work means and how people will have income.

The most significant trend involves robotics, artificial intelligence and software that will do most current jobs. The research firm Gartner predicts that “one in three jobs will be converted to software, robots and smart machines by 2025.”Oxford University researchers estimate that 47 percent of U.S. jobs could be automated by 2033.  Already the official unemployment rate hides the fact only 63% of working-age adults are actually working.

These changes are happening alongside the demise of unions and worker power; as well as globalization resulting in lost jobs and a race to the bottom of low paid workers.  Workers are already in politically and economically weak positions to survive the onslaught of robots.”

Source: Newsletter: Economy Of The Future-Economic Democracy | PopularResistance.Org

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s