With Pandemic Job Losses, Labor Shortages, Employers Innovate and Automate
5th September 2021
A devastating pandemic with massive unemployment, followed by a shortage of workers during the recovery is forming a boon for the automation industry.
The shortage of workers is exacerbated by the generous government welfare and unemployment benefits.
So, businesses are forced to automate more whether they like it or not, thus eliminating more jobs.
Ultimately, when the workers who are lounging at home now eventually want (or are forced) to go back to work won’t have as many jobs to go back to.
So the political pressure will build to provide more taxpayer-funded welfare benefits.
Eventually we will wind up as Eloi and Morlocks, except that the Morlocks will look like Jeff Bezos and the Eloi like Stacy Abrams.
I’m glad I won’t live to see it (I hope).