You all better learn how to program software, do website design and development, and how to teach pieces of metal how to talk and debate about how they like their coffee. Robots are coming...
Take a look at the chart above. What should be
immediately apparent is that as the number of oil rigs declined due to
falling oil prices, so did the number of workers the oil industry
employed. But when the number of oil rigs began to rebound, the number of workers employed didn’t.
That observation itself should be extremely interesting to anyone
debating whether technological unemployment exists or not, but there’s
even more to glean from this chart.
First, have you even heard of automated oil rigs, or are they new to you? They’re called “Iron Roughnecks” and
they automate the extremely repetitive task of connecting drill pipe
segments to each other as they’re shoved deep into the Earth.
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