Skip to content

Comment on How Technology Is Destroying Jobs

Comments

The problem is not technology.

The problem is that technology is being centralized by a few owners. A computer in every pocket, 3d printers and CNC machines are very near to us.

Companies grow bigger and bigger, not because they are more efficient, on the contrary, but because they could black mail society to sustain it. Too big too fail became the motto of the new era, banks and industry companies so inefficient with huge losses that nobody could touch it without breaking society itself.

Those companies had done well, who needs to make cars when you can take $50 billion by the government to speculate in the stock market? A stock market that is fueled by printing dollars by a central bank(inflating and raising taxes of millions people).

Don't make me started with software patents in order for a few to own all ideas. Society is collapsing to sustain unproductive parasites.

It will have to get worse before it gets better.

Technology could be making EVERYONE's lives better and decrease all of our work hours, however the average American's work hours are not decreased because instead of using technology to make everyone's work easier, the rich guy uses tech to replace workers and pockets the profits from that.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.