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June 14, 2011

Obama Has a New Fall Guy For Jobless Economy: Damn Dirty Robots

We're just so... "automated."

President Obama explained to NBC News that the reason companies aren't hiring is not because of his policies, it's because the economy is so automated. ... "There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don't go to a bank teller, or you go to the airport and you're using a kiosk instead of checking in at the gate."

In a vibrant, healthy economy, in which innovation and experimentation and risk are rewarded, what happens is that when man-hours are saved via automation for some task easily automated (giving you $100 in five twenty dollar bills), those man-hours are soon after diverted towards a need which people wanted fulfilled but there simply weren't enough man-hours to cover (such as my dream start-up venture, GAP for Dogs).

In an economy where no one dares risk for the government is determined to seize the natural fruits of successful risk, people don't bother. Lost jobs stay lost.

Two videos. Old Glory, and Prince.

Six months ago I couldn't find any Prince on the internet, now I'm finding deep cuts from 1999. I guess he gave up.



Thanks to Slublog.

Oh, One More:

Oooh, Forgot This One:


Styx - Mr. Roboto by manon42

digg this
posted by Ace at 09:37 PM

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