March 21, 2018 - Health Ranger - Mike Adams
12:15
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| Shockingly, we really are headed for an era of mass human unemployment, and I say human because it's in contrast to the robots that will be employed. | |
| I'm watching all the big trends happening today. | |
| We've got all these people marching on college campuses demanding a $15 an hour minimum wage. | |
| We've got fast food workers all across the country protesting demanding $15 an hour minimum wage. | |
| At the same time, we have our colleges graduating students who are utterly clueless and wholly incapable, expertly unintelligent. | |
| That's a term. | |
| They graduate as complete morons who cannot accomplish anything. | |
| Most of them. | |
| Not all of them. | |
| There are some good students that are graduating, but by far the masses of kids coming out of college today with a college degree are utterly incapable of doing anything. | |
| I mean, really, they've studied gender studies or something, and they have no skills applicable in the real world, and yet they think they're automatically worth $50,000 a year. | |
| Well, they're not. | |
| Many of them, in fact, with a college degree, are not even worth $15 an hour. | |
| Many of them, technically, you'd be kind of hard-pressed to even justify a minimum wage for the complete lack of skills and intelligence that they demonstrate. | |
| So... | |
| This push is on for mandatory minimum wage hikes all across America, $15 an hour. | |
| Now, I'm not going to turn this into an economics lesson because I've already done that. | |
| I'll just summarize it and say, look, if you force businesses to pay an artificially high wage of $15 an hour, you're going to drive a lot of them out of business because they can't afford to pay it. | |
| They're working on very slim margins, especially in fast food and the service industry. | |
| They're going to go bankrupt or they're going to slash jobs or both, you know, first slash the jobs and then go bankrupt. | |
| And mostly what this is going to cause is massive, massive unemployment. | |
| But Those businesses that do manage to stay in business will be desperately investing in automation that does not involve humans. | |
| And this is the point of this particular talk, is that the bigger pain in the ass that these protesters become demanding $15 an hour wages, the more aggressively all the big corporations are going to be pushing for replacing them. | |
| And I mean permanently. | |
| Replacing them with robots or automated systems that avoid the entire pain in the ass factor of having... | |
| Humans work for you, especially young, clueless humans who have a very high trouble factor and they smoke weed on the job and they sexually harass their co-workers and they file lawsuits or screw things up or drop hair or saliva into the fast food hamburgers or whatever. | |
| Getting rid of the humans is now a top priority of companies like McDonald's and fast food industry. | |
| So this is crucial to understand. | |
| By marching in the streets, by demanding these wage hikes, these people are in fact accelerating the timetable during which, or at the conclusion of which, they will be obsolete. | |
| Now, when that happens, we are going to have a society with virtually no middle class whatsoever. | |
| We're going to have a society of a mass, mass unemployment across probably, I'm saying 50 to 60 percent of the population will be unemployed. | |
| Think about it. | |
| If you replace all the truck driving jobs and all the toilet cleaning jobs and the floor scrubbing jobs and the trash collection jobs and the fast food jobs and the service industry jobs and the painting jobs and the light construction jobs, factory work assembly jobs, and so on and so forth, if you replace all those with robotic humanoid systems that never complain, never call in sick, never harass workers, never show up drunk or stoned, and so on... | |
| Then you're going to have about a 50-60% unemployment rate across the board. | |
| Those who are employed are going to be the smaller number of people who actually are intelligent and capable, who have actual skills. | |
| And that's not people coming out of college these days, necessarily. | |
| I mean, there are some. | |
| But people who have skills tend to be people who... | |
| They can learn on their own often. | |
| They can learn from mentors. | |
| They can learn from on-the-job experience where they just bypass college and learn things on their own. | |
| Now, I happen to be someone who went to college and I graduated with a bachelor's degree. | |
| But the things that I learned after that, I learned mostly myself. | |
| They're not the things I learned in college. | |
| So I today, if I had to do it over again, I probably would have bypassed college and just gone right into innovation directly and saved four years of my life. | |
| I don't know. | |
| Who knows? | |
| There are some benefits to college even beyond academic. | |
| But nevertheless, the wealthy class will be those who own the robots or who reap the benefits of robotic automation. | |
| They'll be the companies that lease the robots. | |
| For example, if you own, let's say, a Chipotle franchise and You're gonna fire all the workers, the human workers, and you're gonna replace them with robots that make the burritos. | |
| That's what you're gonna do. | |
| And then you're gonna have a perfect little cash cow there. | |
| Well, you only need maybe two employees instead of 20. | |
| You're still going to need just a few, like top-level people to keep an eye on the place, make sure the robots don't screw things up, keep the supply lines coming, keep an eye on customers and so on. | |
| So you might be able to cut 90% of your workforce, still hire 10% of what you used to hire, but then you're going to be raking in like a cash cow because, yeah, you'll pay a lease on every robot, But that lease price is small compared to what the $15 an hour was going to be. | |
| You see, by demanding $15 an hour, what these protesters are really doing is they are accelerating the adoption of robot workers by... | |
| By lowering the threshold of financial payback to companies that invest in robots. | |
| In other words, if minimum wage is really, really cheap, then it's cheaper to hire humans for minimum wage. | |
| Rather than invest in robots. | |
| But when that minimum wage keeps climbing higher and higher, if it's $15 an hour, then it means that all you've got to do to invest in a robot is get a robot system that costs less than $15 an hour. | |
| And there will be companies that manufacture robots. | |
| This is coming soon in the next maybe 20 years, maybe sooner. | |
| They will be able to lease you robots for less than what you would pay a human worker. | |
| So you see how the higher the human worker wage demand is, the more rapidly companies can afford robots to make humans obsolete. | |
| So in this way, the people who are demanding $15 an hour wages are, of course, accelerating their own financial demise and their own unemployment. | |
| and yet they're all so economically illiterate that they have no clue that this is what they're doing to themselves so when this happens when they lose their job who will they blame not themselves even though they're the ones who did who they're the cause they will blame the one percent they will blame you know mr rich richie or whatever the one percent the man well it's not the one percent that put them out of business | |
| it was their own demands for a higher and unreasonable minimum wage effectively inducing the employer to invest in robots instead and So it's not going to be long before we have a society where we have mass, mass unemployment. | |
| Again, 50% and up. | |
| And then we have a wealthy class of people who either create the robots or program the robots or maintain the robots or lease the robots to produce other things such as hamburgers or burritos or whatever. | |
| Textiles. | |
| You name it. | |
| How about... | |
| You know, auto body repair. | |
| One day there'll be robots that can do that too. | |
| How about operating road-based delivery trucks on the highway to deliver road base to customers? | |
| You don't need a human to do that in 20 years. | |
| You don't. | |
| That'll be all done by robots. | |
| So everything that robots can do will result in mass unemployment of people. | |
| And these people will become more and more desperate, and we are headed for a real collision in our society. | |
| And I'm warning you now, just because I think ahead and I want you to be aware that this is coming, we're going to have a time where we have the masses, I mean again, half the country, unemployed, marching in the streets, demanding handouts, demanding food, shelter, housing, Obama phones, Demanding everything because they have no jobs. | |
| The jobs don't exist anymore. | |
| They put themselves out of the jobs. | |
| The employers all brought in robots to replace them. | |
| Can you imagine the kind of friction that we're going to have in society when that day comes? | |
| I mean, it's already contentious right now. | |
| We already have people marching in the streets right now. | |
| Imagine when the unemployment rate is 50% and when even having a college degree doesn't mean you're going to have a job at all. | |
| Can you imagine that? | |
| I say this is going to set off the Soylent Green chapter of human history, where some enterprising government agency is going to figure that, hey, we could provide free food to the masses if we just harvest some of the other masses and chop them up and shape them into burgers, burger patties. | |
| And call it soy. | |
| You know, obviously I'm half joking. | |
| This is a reference to the movie. | |
| Well, I don't remember the movie name, but it was, of course, where they were harvesting humans and turning them into food to give out to the other humans. | |
| Soylent Green. | |
| They called it Soylent Green. | |
| Trying to make people think it's made out of soy, which at that time was okay. | |
| Charlton Heston was, of course, the star of that movie. | |
| In any case, it's not hard to imagine that this era could actually happen. | |
| So what's your answer to all of this? | |
| The answer is, you better have more skills than a robot. | |
| In other words, if you're just doing physical labor that doesn't require thinking, then you need to boost up your skills and educate yourself in something or acquire a skill set that is way beyond anything that a robot could accomplish relatively soon. | |
| Or become an expert in robot programming, robot repair, robot systems, automation systems. | |
| And that is how you can always maintain value because somebody always has to repair the robots, at least for a little while, but then, you know, fast forward another 20 years, it's going to be the robots repairing the robots. | |
| So even then, you're not guaranteed longevity as a skilled worker. | |
| But these are some issues that society is going to be facing very soon. | |
| And you heard it here first on TalkNetwork.com. |
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