Yawn. Yet another writer who covers economic topics but understands virtually nothing about economics, and thus is frightened of automation.
“When people confidently announce that once robots come for our jobs, we’ll find something else to do like we always did, they are drawing from a very short history.”
Yes - a really short history of at least a couple thousand years - and a history that not only has no examples of people not finding new jobs and expanding new markets, but a history where said market expansion occurred while aiding and abetting a population increase of several orders of magnitude. If there is one actual, factual thing you can draw from economic history, it is that demand is literally infinite, and people will produce to meet that demand.
“It was not “they came for our jobs, and we simply and quietly just moved to new ones.””
Well, it might have been, except for the sociopaths in charge of the governments at the time. Markets do not have armies, and markets benefit from expanded trade, not war. And even considering the chaos, is the author seriously going to argue that people were worse off after the industrial revolution than before it? That things like ending slavery, women’s suffrage, better education, and vastly more free time to expand the arts and sciences were bad?
“So, what’s the trade-off here? In general, we are safer (automation makes airline flying safer, in general) except in the long-tail: pilots are losing both tacit knowledge of flying and some of its mechanics.”
There is no trade-off here. Pilots may be losing that tacit knowledge, but it is still far safer to fly than it was even thirty years ago, let alone a hundred years ago. And not only is it far safer, it’s so cheap that virtually anyone can fly to the other side of the world. Rocketing through the air thousands of meters above the ground at hundreds of kilometers per hour, surrounded by an aluminum can that’s barely air-tight enough to keep you from asphyxiating is never going to be completely safe. And that doesn’t even consider the fact that pilots can always go back and get that tacit knowledge by learning to fly on less sophisticated planes.
“But as I said in my review of Piketty, there’s a real scarcity of economists willing to think about the possibility that abundance makes markets obsolete altogether.”
Economics is the study of scarcity, ways to allocate scarce resources. Do you see a lot of economists that study the allocation of vacuum in the solar system? Do you think that’s because it might be, I don’t know, abundant, and thus not an economics problem? If things are truly abundant, you don’t need economics to deal with them - people can just take what they need. You don’t need “railroad rules”, or any rules at all, and it would be completely useless for a economist to study such a situation. And the author is simply daft to believe that “thinkers” haven’t been putting a lot of thought into what a post-scarcity society looks like and how it might work - in fact, Cory is one of them.
And until we reach that society, I’ll stick with the markets that improved our lives many times over in the past couple of millenia.