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In Reply to: RE: "Pointless point?" posted by E-Stat on May 10, 2016 at 06:05:24
Losing ground vs. disappearing is semantic quibbling.
61% to 50% is a large decline, and who knows where it will stop.
In any case the trend to ever more expensive "high end" equipment is a symptom of rising disparities of income. 45 years ago when I first became interested in hi-fi you could buy a complete SOTA system of maybe $5000 or say $30,000 in today's dollars. Nowadays you can scarcely buy a single top-end component for that price.
I love the music of Dmitri Shostakovich ...
Follow Ups:
That would be you.
Losing ground vs. disappearing is semantic quibbling.
Only for those who don't understand the meaning of the word "disappear". What I find in the dictionary is "cease to be visible". Half of anything isn't even close to that concept.
61% to 50% is a large decline, and who knows where it will stop.
There have been lots of changes since 1970! There is no question that automation has replaced many an unskilled labor job in the manufacturing arena along with mid level accounting functions elsewhere and will continue to do so. Do you think (increasing) computer technology and robotics might be here to stay? How about the internet? How many bills were you getting electronically and paying via ACH transfers in 1970?
45 years ago when I first became interested in hi-fi you could buy a complete SOTA system of maybe $5000 or say $30,000 in today's dollars. Nowadays you can scarcely buy a single top-end component for that price.
And today you can buy any number of $1M automobiles which, like the best audio gear available today, offer a vastly improved performance envelope over those distant predecessors. Conversely, with either product you can get more for your entry level models today than back then.
And now we return to more of the usual class warfare whining...
Dude, we just don't know...
how many young folks today fully understand the consequences of seeking careers that have been (or will soon be) replaced by automation.
The Pew Research report to which I linked earlier provides some data as to the effect of education level.
Even then, getting in debt to receive a degree in "European Literature" won't do much for you either.
... even for those who have done a good deal of research.
As for where the jobs will be, I'd guess China and India. Don't imagine that high-end jobs will remain in the USA when manufacturing and much of the service industry has have shipped off to those locations.
I love the music of Dmitri Shostakovich ...
Not very "economical" - at least not when you're part of the 99%.
is directly related to the value individuals bring to the table. Many "traditional" jobs no longer meet that criteria in today's world. Successful economics is not driven by "nanny state" objectives. Just showing up is not good enough.
For those who are just entering the workforce, I strongly recommend they do their homework and understand where modern jobs are to be found and prepare accordingly.
As a supply chain consultant who sells software and services, my job is to educate and deliver tools to improve the productivity and thus the success of the companies I serve. Prolonging marginal or obsolete jobs is not part of that equation.
Let the "economy", as you describe it, collapse. And it probably will. Who in their right mind would want to sustain such a thing?
Different types of people want and need to do a number of different things. If the economy cannot sustain THIS idea, then it has failed as an economy. The cart is before the horse and we are already dead.
Let the "economy", as you describe it, collapse. And it probably will.
Fortunately for all of us, economics and social engineering are two completely different disciplines. Successful economics will always survive since it is based upon logic and reason. If you believe that others owe you a happy existence, then I wish you the best of luck.
Different types of people want and need to do a number of different things. If the economy cannot sustain THIS idea, then it has failed as an economy.
Folks may choose to do whatever they please. The question is whether or not they whine about the consequences of those choices.
We have already witnessed evidence of the latter.
..: Those with loaded guns, and those who dig."
Have fun digging.
At least you're not claiming I'm a "loaded gun" type. :)
The gangsters who run our economies, look to them.
The economy is in DC , head East youngman .....
You do not have to spend a fortune to obtain the closest approach to live sound.
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