Over 70 million jobs for low-skilled Americans could be lost to automation. And there is no planning to help those affected. Result? Riots. Starvation. Destitution. Death.
How could Bomber Trump stop this apocalypse? With a JFK-style investment tax credit which was only given if it was shown that jobs for humans were being created.
To sum up, the coming jobs apocalypse driven by debt, demographics, and automation could displace tens of millions of bottom-tier jobs. In return, this transition could trigger significant economic disruptions, which could only accelerate into the 2020s. The magnitude of today’s workforce shift is expected to match that of the automation of agriculture from 1900 to 1940. The automation of farming transformed America’s economy and severely disrupted labor markets, ultimately climaxing into the Great Depression and subsequent world war.
America Is Unprepared For The Coming Jobs Apocalypse https://t.co/ZZv6C4G3jQ— zerohedge (@zerohedge) 12 June 2018