WUOMFM

Automation

Association for Advancing Automation

 

The economy that today’s students will soon enter is rapidly changing. That’s the reality that fueled the creation of a recent report from Michigan Future, Inc., a non-partisan think tank. The report outlines major issues and suggestions for how to help graduates thrive in a new economy that requires adapting to changing technology throughout their careers.

Patrick Cooney, a policy associate at Michigan Future, Inc., joined Stateside to discuss the report’s contents.

Association for Advancing Automation

At this very moment, there are workers in Michigan painting vehicles, assembling things, making welds, packing products, and more.

They don’t need lunch or bathroom breaks. They don’t take sick days or go on vacation.

They’re robots.

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The Next Idea

 

What if governments just gave money to people?

 

That’s the big question that Thomas Weisskopf​, professor emeritus of economics at the University of Michigan, is asking.

Since automation is replacing human-powered labor in fields like manufacturing, robust employment may be a thing of the past. A permanent surplus of labor has massive consequences, driving down wages and even contributing to social unrest. According to Weisskopf, such a dramatic problem demands a dramatic solution.