If you read here often enough, then you have read a couple of my suggestions to bring more jobs back to the US and how to keep more going in to manufacturing as when you watch this video it tells it like it is. People get recalled back to jobs but not exactly the same job. Automation has a huge place in healthcare but maybe not the point to where you leave the humans out as it is more of a business of humans working with machines.
My old favorite word that’s been in so many posts here is in this video, “algorithms” and about 4 years ago I started talking about it and in my prior life in logistics, which I left about 15 years ago, there already were automated warehouses with order picking, and of course not to where it is now but robots in warehouses with humans entering the commands were already picking orders, and we used infrared “freight guns” to read manifests and contents of pallets of freight right on the platform. Big Lots which used to be known as Pic N Save had one of the biggest automated warehouses years ago and again it is much more advanced today. “It’s all done with Algorithms and math”.
Technology has replaced some jobs but then they move on the the Tugs at El Camino and a drug prescription robots in hospitals. The conversation goes on to get some opinions at MIT and say the pace is accelerated. I agree and it will continue. The video moves on to IBM Watson and computer learning and again if you have read here then you have seen all of this.
We can forego the Wall Street side of this, as that is where it is really accelerated and errors are coming in because it is moving too fast. The economy is growing but not doing a lot for the consumer. One of the only ways is to give manufacturing a bigger swing and that is to balance both intangibles and tangibles as they will need the technology.
Rethink Robotics Introduces Baxter the Humanoid Robot Out of the Crate and Ready to Work in Factories and Healthcare And Eldercare Apps Could be Next
They even covered “Baxter” the assembly line robot and I covered that one a while back. If we are going to live with robots and create jobs, we need manufacturing and more of it instead of everyone selling data.
“Devaluate the Algorithm” And “Tax the Data Sellers”–A Cure for Both Healthcare and an Economy Based Heavily on Intangibles–We’ve Lost Our Balance
Watch Adam the robotic scientist (video below) designing it’s own experiments, again machine learning here.
They even say it in the video, bring the factory back to the US…the incentive to create a balance with intangibles and tangibles…license and tax the data sellers and use to fund the FDA, the NIH and a lot more. Walgreens in 2010 made short of $800 million selling data so again if you want more jobs make it more attractive for the manufacturing and less attractive to send bots out to mine data and sell it as the latter has not risk and very little government control. If you want to know more about what Wall Street does with their robotic investing, watch the 5 videos on the left hand side of this blog and come up to the 20th century with “fantasy” fiction in models and algorithms that take your money.
Congress To Investigate the Data Sellers - Need To Create a Law to Tax Them As The Algorithms Used For This Business Generate Billions of Dollars, Partly Why Corporate Profits Are So High - Remove the Medical Device Tax as They Produce Needed Jobs/Tangibles
If you want to see what happens when formulas go rogue with machine learning, and this is happening a lot more lately, read my story with Google Plus. We have to be prepared for this as more on the way and you never know when it might hit. BD