Biotech, 3-D printing to lead to 5m fewer jobs: WEF
AFP News – 2 hours 36 minutes ago
Ricky L • Remove
Disruptive technologies do kill jobs.Reply
Without conscious efforts by Government worldwide to create jobs - massive job losses will be the norm going forward.
WEF is correct, with more people unemployed, the richer will get even richer. Poorer will get even poorer.
The consumer base will be eroded - and it will result in huge social problem for the Government worldwide triggering many "Arab Spring" or "Occupy Wall Street" events.
Ricky L • Remove
Sometimes, tweaking technologies is not the best solution to solving an economic problem.
WEF should consider tweaking economic model, reward system, allocation of scarce resources etc ------ to solve unemployment problem and ensure distribution of wealth to feed as many people as possible ---- will most probably be a better solution.
Ricky L • Remove
Otherwise, it will be a noose-tightening situation - waiting for explosive situation to unfold in the future years ahead.
Huge social upheaval could be in store - face by Countries Worldwide.
Ricky L • Remove
And produce more ISIS terrorism worldwide.
Ricky L • Remove
Else the World will descend into "Hungry Ghost realm" instinct where a few amass tremendous wealth (strong attachment to wealth) --- but the rest in "Hunger" (physically going hungry) ------- this is the state of 2nd Paranormal realm - the Hungry Ghost realm.
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