So what are they going to do? Retail isn't for the faint of heart, either.
I did some retail as a teen, mostly in little boutiques. Last one closed on me and never paid me my final wages due.
If all you're bringing to the job market is two hands and an open schedule, you're not going to find easy or well-paying jobs.
There’s non-good reasons for that. Average employee wages have increased at a much slower rate than executive compensation and inflation. And it’s worse in the USA than in other developed nations.
One
anecdote I was reading recently was supplied by a person who opined the apartment he lived in during law school and paid rent on with a minimum wage job had become so expensive he couldn’t afford it as an attorney.
Simply put, relative to 40+ years ago, the job market’s economic factors are hostile to anyone below the upper middle-class, and it’s trending worse
Around here, automation at fast food is accelerating. Actually ordering from a Human is definitely on the way out.
I’ve discussed this elsewhere, but automation is coming for almost everyone’s job in some way.
In 2012, there was a prototype manufacturing modular robot that could be programmed to go 200 different jobs, with a 5 year operating cost lower than an average
Indonesian factory worker’s wages.
About the same time, medical diagnostic programs were 60% as accurate as a human MD.
Self-driving automobiles will impact the trucking/delivery business.
And we’ve been watching in real time how much improvement things like ChatGPT have shown in their writing. They’re now just good enough to be dangerous:
With A.I. behind more books, the possibility of getting disastrous guidance is increasing.
fortune.com
But
eventually, someone’s AI program will be able to draft pretty good legal documents in minutes for a fraction of the cost of using an attorney. Now, that’s not ALL we do, but it’s a significant enough chunk that it will definitely impact attorneys’ incomes- depending on their legal specialty.
There’s a LOT of sci-fi written about post-scarcity societies. Not much is written about transitioning from our current economic situation into those kinds of settings. What happens as increasing numbers of people can’t find work that pays enough to sustain themselves, and thus, the economy?
The answers will determine whether we’ll become more utopian or dystopian.