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Millennials will be the 1st generation to see the end of work


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2014 May 20, 11:41pm   21,115 views  115 comments

by Rin   ➕follow (12)   💰tip   ignore  

The primary thing which defines the WWII & Boomers was that they were the generations which had actually experienced an era where one's labor was of value to society. And this, coupled with a proliferation of infrastructure and widespread use of technologies, gave them the greatest opportunities in life.

Then, something changed ... the development of information technologies and the automation of work. In the beginning, it was small stuff like calculators replacing slide rulers but then, it had expanded all over the place. Today, Gen X, as it's entering full adulthood, will be seeing many jobs disappear by retirement. In fact, I'm convinced that if one doesn't make money in the next 20 to 30 years, it's game over.

Thus, Millenials despite all their adoration for smart phones and automation tools, will see that their actual work is of no value. A certain percent of them, like 1% to 3%, will be architects of high end robots/AI tools but a vast majority, will be getting laid off, in place of automated systems, which can do former white collar tasks like market analysis and portfolio management.

My hope is that I'm safely tucked away in some New England town, with robot sentries, guarding my residence. I suspect that Millenials will be wanting to rob me, since it'll be clear to them, that I'm one of those, who'd survived the age of automation to retire comfortably.

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107   Reality   2014 May 22, 1:32pm  

It's not cheap to run a masion. You'd need a gardener, etc, then the gardener's daughter will be way too distracting to allow you indulge in your scientific pursuits when you are young and creative.

108   Rin   2014 May 22, 1:35pm  

Reality says

It's not cheap to run a masion. You'd need a gardener, etc, then the gardener's daughter will be way too distracting to allow you indulge in your scientific pursuits when you are young and creative.

You don't know me then.

I'd have an esc*rt gal up in Montreal [ everything is 'ok' legally up in Canada ], ready to serve me, when I'm on R&R.

As an offspring of a rich person, Rin Rockefeller, they'd be very proud of me and my perseverance in the arts and sciences.

What sucks is when you're middle class and trying to appease a bunch of corporate bozos.

109   Reality   2014 May 22, 1:50pm  

Well, there's also the chance that Rin Rock might follow Michael Rock into the stomachs of some cannibals in Borneo. Having a wing of the museum named after you would be small consolation.

Visiting brothels in Montreal might also be a security risk. At least the family would not be proud of you at all in that case. You'd better fall in love with the gardener's daughter "Sabrina" style, or was she the chauffer ' daughter?

110   Rin   2014 May 22, 10:57pm  

Reality says

Rin Rock might follow Michael Rock into the stomachs of some cannibals in Borneo. Having a wing of the museum named after you would be small consolation.

Visiting brothels in Montreal might also be a security risk. At least the family would not be proud of you at all in that case.

I think I'll survive that dangerous passage of i-87, between Westchester NY and Montreal QC :-)

As for security, since we own a few of the Ritz-Carltons & Four Seasons, the security detail can check out the esc*rt before she enters the room.

Reality says

You'd better fall in love with the gardener's daughter "Sabrina" style, or was she the chauffer ' daughter?

That's the problem with this generation, everyone is into chick flicks. It's time to leave that stuff to Hollywood and live a real life.

111   Rin   2014 May 23, 5:31am  

Strategist says

So where will the jobs be?

Reference loop to an alternate thread on robots

/?p=1243117

113   Tenpoundbass   2019 Apr 24, 10:47am  

Every 3 or 4 generations there are a lost generation of people who for what ever reason exempted themselves from the normal human social contract.

The Millennial will go down as one of those. While they impact our current affairs. History will find them boring and pointless.

Thousands of years of human evolution requires we innovate or be productive. People will not stop working because the lunch vending machine is spitting out quarters.
114   komputodo   2019 Apr 24, 10:52am  

Rin says
Thus, Millenials despite all their adoration for smart phones and automation tools, will see that their actual work is of no value

Most govt. employees, despite all their adoration for affirmitive action, have seen that their actual work is of no value
115   Rin   2019 Apr 24, 12:49pm  

komputodo says
Rin says
Thus, Millenials despite all their adoration for smart phones and automation tools, will see that their actual work is of no value

Most govt. employees, despite all their adoration for affirmitive action, have seen that their actual work is of no value


That's already been established for at least one generation.

What's not established is when a sizable majority of ppl formally working for places like State Street, Ernst & Young, MetLife, etc, discover that their work is automated and that those companies could suffice with 10-15% of today's headcount.

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