60 Minutes Segment on Robots and Jobs Stirs Controversy (Video)

 

Are robots hurting job growth  60 Minutes  CBS News

There is no question that rapidly advancing robot and AI technology are enabling companies to bring back work previously done overseas, especially in China. At the same time, they are eliminating the need for human involvement in the manufacturing and assembly processes, no matter where the 'manufacturing' takes place.

This excellent "Are Robots Hurting Job Growth?" segment on 60 Minutes explains the accelerating trend along with the benefits and the challenges it's creating. In the end, it may pose more of a severe problem for blue collar workers in China, India, and Asia than it will for their counterparts in 1st World nations, though no one will be able to completely escape its impact.

If I had to make one critical observation about the 60 minutes segment it would be to say that the title, "Are robots hurting job growth?", is misleading. To understand what is really taking place, and the eventual impact on individuals, governments, and societies, we need to take a much deeper, and more focused, approach. Robots, or more specifically 'robotics', is only a tool or technology.

The real 'problem', if we consider it to be a problem, is our focus on ever increasing efficiency and profitability, apparently without regard or a second thought to the impact on the quality of human life in general.

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