Can The Chinese Push For Robust AI Development Forces The World To See Rapid Job Losses?

In the video right after the break, David Harvey said that it seems the Chinese will become the top dog of capitalism which would dictate how the future of capitalism would become. This is the first time I’ve heard of the man and so I don’t know much about him. Nonetheless, much of what he says in the video seems to make a lot of sense. Near the end of the video, he argues China, as a top dog capitalist, decides that the future of capitalism is all about Artificial Intelligence. Then he goes on to say that AI is all about removing the labor from the production process.

Let’s say that David Harvey is correct about how the Chinese will push the world to speed up the development of AI, then we have to ask ourselves how many more jobs we will see the world will lose? Furthermore, it’s not only in the United States that we will see people who are not going to be able to work to support themselves, but people of the whole world will experience the same dire situation! This means even if whoever in the United States decides to move across the sea to find a job won’t be able to do so! Basically, even if you have the mean and the will, you still won’t make it in a future where hardware and software will overtake human labors through AI developments!

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China’s Robots To Replace Humans In Factories

Imagine our world is lacking of modern technology, thus labor units would go to the highest bidders.  The manufacturing groups would minimize cost and push their factories to wherever in the world which could offer the lowest labor cost per unit.  What would become of the manufacture industry if such a world would standstill forever?  It wouldn’t change much I assume, and companies would seek out the cheapest labor cost environment to install their factories.  Unfortunately, our real world is full of robots.  This means the future of manufacture industry will eventually exclude the human factor.  China’s manufacture industry is already experiencing the robot invasion.  China is smart though!  China is willing to retain the prowess of the manufacture industry, and so China doesn’t mind how robots would replace humans in factories.  This way China is still able to sell stuffs at bargain prices, pushing costs down, and outcompeting competitors.  Check out how robots have invaded China’s factories in the video right after the break.  Enjoy!