Thursday, 8 December 2016

The Third Industrial Revolution

"Change does not roll in on the wheels of inevitability, but comes through continuous struggle. And so we must straighten our backs and work for our freedom. A man can't ride you unless your back is bent." ~ Martin Luther King, Jr



What direction to go?



  1. Factories were created in the 18th c.
  2. The age of mass production was ushered in the 20th c.
  3. Now we see manufacturing going digital, this is considered by many to be the third industrial revolution.
  
I recently read an article in the Courier mail Qweekend November 12-13 2016. that postulated that about half of the jobs that exist today will no longer  be in existence in 20 years due to automation.   Jan Owen, CEO of the Foundation for Young Australians is quoted in the article as saying the question for young people today is no longer 'What do you want to be when you grow up?' but 'What kind of opportunities do you want to create?" Which really sounds like a meme rather than actual guidance for today's youth. But I guess the general idea is that today's workers need to have a more entrepreneurial take on managing their work life. I don't say career as many people in the workforce are not career orientated. They just want a job to pay for the things they need to pay for.




However those of us who are in the work force now and who will continue to need to earn an income for some time to come, might want to take note that the era of automation rolls on and it is changing the face of industry. The taxi industry wasn't prepared for the effect of the entry of Uber drivers into their market. One wonders if the Uber drivers are prepared for the advent of driverless vehicles. Anyway it may be worth all workers today to think about the opportunities we want to create that might provide us with incomes.


If anyone has any ideas on that score, please let me know, I am all ears.

8 comments:

  1. I really have no idea where all this will lead, since money is becoming digital also, perhaps we will all live in a socialist type community and let the computers do the work for us. Kind of scary in a Orwellian sort of way. Or perhaps just as the buggy and wagon builders at the turn of the last century learned to adapt, so will we.

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    1. Mmmm, sounds like Skynet ;-) But you are right, how can we know where it will lead? I think the good and the bad will always be present. We are gifted with creative intelligence to use in navigating the tides of change.

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  2. Great post. I wish I had ideas, but you certainly have me thinking.
    Here in the US, Carrier was offered tax breaks to keep labor in the US. The owners of Carrier have publiclicly stated they plan on using those "breaks" in invest in more automation. Jobs only being temporarily saved. Was this a good thing then?
    Thanks for getting me thinking about this.
    Jen

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    1. Our society today is so complex, it has become too hard to see the forest for the trees. I suppose those people whose jobs were temporarily saved would appreciate the breathing space though.

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  3. My husband and I have given this a lot of thought, and haven't nailed down any major ideas to run with yet. But it has been on our minds over the last few years. That we cannot continue to depend on wages alone. Because what if things do change?

    I think they call it a "side-hustle", to your paid employment. If it's successful enough, you can jump ship from wages completely. I personally like the idea of it, because we live rurally. I'd like to think we could start something which keeps us at home more. At present, David has to travel 25 minutes, both ways, six days a week. Half that to do business, would be a step in the right direction.

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    1. Developing multiple income streams seems like a good idea to me, Chris.

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  4. That is food for thought, Sherri. At my age I have seen many changes throughout my lifetime. Whoever thought when I was a child that one day we would be communicating to others around the work on computers and not with letters and telegrams :-)

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    1. I know what you mean Chel, remember the advent of VCR's, microwaves and fax machines? All revolutionary in their effect on our lives and now two of those are already obsolete.

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