Limited earning potential always beats **zero** earning potential.vina wrote:This Gadkari guy seems to be a classic Luddite. Saw a report in today's Al-Hundi where he pompously declared that "We wont allow driverless cars in India as it will lead to job losses" . He claimed that 55 Lakhs (i.e. 5.5 million ) drivers will be needed in India. Think of it. An entire population equivalent to Ireland stuck in a dead end, low productivity job with very limited earning potential and that condemns close to roughly 22 million people (1driver, 3 dependents) to a dead end, poverty ridden existence.
This guy should be in the Congress , along with his perpetuating poverty politics. What will it take for people in India to realise that Productivity == Wealth and Health. Anti Productivity == Condemned to poverty , disease and squalor
The US is a prosperous country with automation and AI eating away jobs. In any case, even with all this technology, US labor productivity is stagnant and barely growing. The technology trends of the past few decades seems to help cement in place the divide between haves and have-nots. The result is a politics that elects a Trump.
India is a poor country, the effects of automation and AI will be even worse than in the US.
If productivity is the argument, one should note that so far labor productivity has not improved in the US with these technologies.