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Robots Will Steal Your Job #9: Unemployment Tomorrow
Many argue that as new technologies eliminate jobs, they create new jobs. This chapter analyzes why that is an unlikely outcome with automation this widespread.
Chapter Index
00:00 | Intro
00:25 | Chapter Begins
23:19 | Outro
Figures
Figure 1.1: Americans not in the labour force, by age, as of 2011. Image courtesy of CNN, data comes from the US Bureau Labor of Statistics.
Tables
Year
Total Population
Employed
2000
281,421,000
136,891,000 (48.6%)
2010
308,745,000
139,064,000 (45.0%)
Table 1.1: Total US workforce in between 2000 and 2010.
Occupation
Number of workers
Percentage of workers%
Driver/sales workers, bus and truck drivers
3,628,000
2.61%
Retail salespersons
3,286,000
2.36%
First-line supervisors/managers of retail sales workers
3,132,000
2.25%
Cashiers
3,109,000
2.24%
Secretaries and administrative assistants
3,082,000
2.22%
Managers, all other
2,898,000
2.08%
Sales representatives, wholesale, manufacturing, real estate, insurance, advertising
2,865,000
2.06%
Registered nurses
2,843,000
2.04%
Elementary and middle school teachers
2,813,000
2.02%
Janitors and building cleaners
2,186,000
1.57%
Waiters and waitresses
2,067,000
1.49%
Cooks
1,951,000
1.40%
Nursing, psychiatric, and home health aides
1,928,000
1.39%
Customer service representatives
1,896,000
1.36%
Laborers and freight, stock, and material movers
1,700,000
1.22%
Accountants and auditors
1,646,000
1.18%
First-line supervisors/managers of office and administrative support workers
1,507,000
1.08%
Chief executives
1,505,000
1.08%
Stock clerks and order fillers
1,456,000
1.05%
Maids and housekeeping cleaners
1,407,000
1.01%
Postsecondary teachers
1,300,000
0.93%
Bookkeeping, accounting, and auditing clerks
1,297,000
0.93%
Receptionists and information clerks
1,281,000
0.92%
Construction laborers
1,267,000
0.91%
Child care workers
1,247,000
0.90%
Carpenters
1,242,000
0.89%
Secondary school teachers
1,221,000
0.88%
Grounds maintenance workers
1,195,000
0.86%
Financial managers
1,141,000
0.82%
First-line supervisors/managers of non-retail sales workers
1,131,000
0.81%
Construction managers
1,083,000
0.78%
Lawyers
1,040,000
0.75%
Computer software engineers
1,026,000
0.74%
General and operations managers
1,007,000
0.72%
Total of Occupations Listed Above
63,383,000
45.58%
All Other Occupations
75,681,000
54.42%
Total Employment
139,064,000
100.00%
Table 1.2: Number of jobs per occupation with at least 1 million workers in the US.
Company
Employees
Revenue per employee
McDonald’s (1940)
400,000
$60,000
Walmart (1962)
2,100,000
$200,000
Intel (1968)
100,000
$540,000
Microsoft (1975)
90,000
$767,000
Google (1998)
32,000
$1,170,000
Facebook (2004)
3,000
$1,423,000
Table 1.3: List of multi billion-dollar companies over time and their revenue per employee.
References
ftp://ftp.bls.gov/pub/special.requests/lf/aat11.txt
http://www.bls.gov/news.release/empsit.nr0.htm
ftp://ftp.bls.gov/pub/special.requests/lf/aat1.txt
http://www.huffingtonpost.com/2012/05/02/eurozone-unemployment-hits-record-high_n_1470237.html
http://money.cnn.com/2012/05/03/news/economy/unemployment-rate/index.htm
http://www.ted.com/talks/ken_robinson_says_schools_kill_creativity.html
http://www.ted.com/talks/sir_ken_robinson_bring_on_the_revolution.html
http://www.telegraph.co.uk/technology/facebook/8917836/Facebook-faces-EU-curbs-on-selling-users-interests-to-advertisers.html
https://www.facebook.com/help/?faq=152637448140583
http://thinkexist.com/quotation/if_you_can-t_explain_it_simply-you_don-t/186838.html
Attributions
Copyright
The Robots Will Steal Your Job, But That’s OK Audiobook is released under a Creative Commons — Attribution-NonCommercial-ShareAlike 3.0 Unported license. Feel free to use any or all of it as long as you link back to https://thenexus.tv/rsj9, you do not use it for commercial purposes, and you release any derivative works under the same license.
Listen to more at The Nexus and follow us on Twitter and Google+ for our latest episodes and news.
View all episodes
By The Nexus TVMany argue that as new technologies eliminate jobs, they create new jobs. This chapter analyzes why that is an unlikely outcome with automation this widespread.
Chapter Index
00:00 | Intro
00:25 | Chapter Begins
23:19 | Outro
Figures
Figure 1.1: Americans not in the labour force, by age, as of 2011. Image courtesy of CNN, data comes from the US Bureau Labor of Statistics.
Tables
Year
Total Population
Employed
2000
281,421,000
136,891,000 (48.6%)
2010
308,745,000
139,064,000 (45.0%)
Table 1.1: Total US workforce in between 2000 and 2010.
Occupation
Number of workers
Percentage of workers%
Driver/sales workers, bus and truck drivers
3,628,000
2.61%
Retail salespersons
3,286,000
2.36%
First-line supervisors/managers of retail sales workers
3,132,000
2.25%
Cashiers
3,109,000
2.24%
Secretaries and administrative assistants
3,082,000
2.22%
Managers, all other
2,898,000
2.08%
Sales representatives, wholesale, manufacturing, real estate, insurance, advertising
2,865,000
2.06%
Registered nurses
2,843,000
2.04%
Elementary and middle school teachers
2,813,000
2.02%
Janitors and building cleaners
2,186,000
1.57%
Waiters and waitresses
2,067,000
1.49%
Cooks
1,951,000
1.40%
Nursing, psychiatric, and home health aides
1,928,000
1.39%
Customer service representatives
1,896,000
1.36%
Laborers and freight, stock, and material movers
1,700,000
1.22%
Accountants and auditors
1,646,000
1.18%
First-line supervisors/managers of office and administrative support workers
1,507,000
1.08%
Chief executives
1,505,000
1.08%
Stock clerks and order fillers
1,456,000
1.05%
Maids and housekeeping cleaners
1,407,000
1.01%
Postsecondary teachers
1,300,000
0.93%
Bookkeeping, accounting, and auditing clerks
1,297,000
0.93%
Receptionists and information clerks
1,281,000
0.92%
Construction laborers
1,267,000
0.91%
Child care workers
1,247,000
0.90%
Carpenters
1,242,000
0.89%
Secondary school teachers
1,221,000
0.88%
Grounds maintenance workers
1,195,000
0.86%
Financial managers
1,141,000
0.82%
First-line supervisors/managers of non-retail sales workers
1,131,000
0.81%
Construction managers
1,083,000
0.78%
Lawyers
1,040,000
0.75%
Computer software engineers
1,026,000
0.74%
General and operations managers
1,007,000
0.72%
Total of Occupations Listed Above
63,383,000
45.58%
All Other Occupations
75,681,000
54.42%
Total Employment
139,064,000
100.00%
Table 1.2: Number of jobs per occupation with at least 1 million workers in the US.
Company
Employees
Revenue per employee
McDonald’s (1940)
400,000
$60,000
Walmart (1962)
2,100,000
$200,000
Intel (1968)
100,000
$540,000
Microsoft (1975)
90,000
$767,000
Google (1998)
32,000
$1,170,000
Facebook (2004)
3,000
$1,423,000
Table 1.3: List of multi billion-dollar companies over time and their revenue per employee.
References
ftp://ftp.bls.gov/pub/special.requests/lf/aat11.txt
http://www.bls.gov/news.release/empsit.nr0.htm
ftp://ftp.bls.gov/pub/special.requests/lf/aat1.txt
http://www.huffingtonpost.com/2012/05/02/eurozone-unemployment-hits-record-high_n_1470237.html
http://money.cnn.com/2012/05/03/news/economy/unemployment-rate/index.htm
http://www.ted.com/talks/ken_robinson_says_schools_kill_creativity.html
http://www.ted.com/talks/sir_ken_robinson_bring_on_the_revolution.html
http://www.telegraph.co.uk/technology/facebook/8917836/Facebook-faces-EU-curbs-on-selling-users-interests-to-advertisers.html
https://www.facebook.com/help/?faq=152637448140583
http://thinkexist.com/quotation/if_you_can-t_explain_it_simply-you_don-t/186838.html
Attributions
Copyright
The Robots Will Steal Your Job, But That’s OK Audiobook is released under a Creative Commons — Attribution-NonCommercial-ShareAlike 3.0 Unported license. Feel free to use any or all of it as long as you link back to https://thenexus.tv/rsj9, you do not use it for commercial purposes, and you release any derivative works under the same license.
Listen to more at The Nexus and follow us on Twitter and Google+ for our latest episodes and news.