Comment

Comment by bambax

Yeah.

> Self-driving cars, for example, could potentially put 5 million people involved in transportation jobs out of work. And creating 5 million new jobs for them seems impossible with net monthly job gains typically in the hundreds of thousands. “Five million jobs seem like a lot of jobs. It is a lot,” Andreessen says. But looking at the big picture shows that “every year in the U.S. on average about 21 million jobs are destroyed and about 24.5 million are created,” Andreessen says. “So the real answer to how do you replace 5 million jobs is, we already replace that in less than a quarter [of a year] today.”

This is disingenuous, bordering on stupid.

If a McDonald's closes and another one opens, 20 jobs are destroyed and 20 new ones are created, but they're the same!

What we are talking about with self-driving cars is an entire category of jobs being destroyed, and 5 million people doing the same thing, becoming unemployed at the exact same time (a time when their job doesn't exist anymore).

Very different from the normal life of the economy.

parent bambax 9 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton