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posted by takyon on Wednesday February 14 2018, @03:33AM   Printer-friendly
from the nostradamus dept.

Bain consultants' macro trends department have released a report examining trends in demographics, automation and inequality to produce a set of predictions.

This kind of report seems to be all over the place these days, but this one seems more detailed and perhaps a little less optimistic than most.

In the US, a new wave of investment in automation could stimulate as much as $8 trillion in incremental investments and abruptly lift interest rates. By the end of the 2020s, automation may eliminate 20% to 25% of current jobs, hitting middle- to low-income workers the hardest. As investments peak and then decline—probably around the end of the 2020s to the start of the 2030s—anemic demand growth is likely to constrain economic expansion, and global interest rates may again test zero percent. Faced with market imbalances and growth-stifling levels of inequality, many societies may reset the government's role in the marketplace.

They predict that governments will assume a larger role in markets to combat inequality and boost demand, but will our corporate overlords decide that's in their interests, or continue to squeeze the lower and middle classes forever?

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More Than 70% of US Fears Robots Taking Over Our Lives, Survey Finds
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Skilled Manufacturing Workers in Demand in the U.S.


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  • (Score: 1, Troll) by VLM on Wednesday February 14 2018, @01:23PM (6 children)

    by VLM (445) Subscriber Badge on Wednesday February 14 2018, @01:23PM (#637576)

    Dont forget demographic replacement via invasion and energy in your list.

    If you move the residents of Cancun to Mexico City, then they remain the same, which doesn't change much. The propaganda insists if you move the same people from Cancun to Texas, the magic dirt somehow transforms them into tanned white people in terms of low crime rate, high education, high productivity. Oddly enough a near infinite number of experiments seem to prove otherwise. Did the magic dirt of Australia turn the English into native aborigines, LOL? I live in former indian country in the USA, did magic dirt turn invading Scots and Germans into native Americans a century ago? No? Huh, how bout that...

    The real world of course is not like that, and Scandinavia and various parts of euro-land already have more than 50% of their child population from invaders. Germany in 2040, for example, isn't going to be Germany from 2000 with a tan, its going to be North Syria in aspects of life including economic activity, or lack thereof. Eastern Europe at present course will remain successful and prosperous but "former NATO" in general is going to be an islamic "north north africa" in all factors of demographics. Which affects them a lot, but their total collapse also affects the rest of the world. For similar reasons the USA is unlikely to remain united under current boundaries for much longer.

    Another discussion is middle class requires low cost cheap energy much more than either extreme. Which has been / is going away, so the middle class will likewise disappear.

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  • (Score: 0) by Anonymous Coward on Wednesday February 14 2018, @05:26PM

    by Anonymous Coward on Wednesday February 14 2018, @05:26PM (#637687)

    SN is being invaded by nazis!! We gotta kill em' all or deport them back to the moon asap!

  • (Score: 3, Touché) by julian on Wednesday February 14 2018, @05:55PM (1 child)

    by julian (6003) Subscriber Badge on Wednesday February 14 2018, @05:55PM (#637708)

    Germany in 2040, for example, isn't going to be Germany from 2000 with a tan, its going to be North Syria in aspects of life including economic activity, or lack thereof.

    We now take you back to the 19th century, where an entitled and somewhat dim-witted Protestant nativist, himself a son of immigrants from England and in a land only recently stolen from its original (non-white) inhabitants, is nailing a poorly argued and printed screed to a pub bulletin board,

    "New England in 1865, for example, isn't going to be New England from 1845 with more potatoes, its going to be Ireland in aspects of life including Papism, economic activity, or lack thereof."

    • (Score: 0) by Anonymous Coward on Wednesday February 14 2018, @08:27PM

      by Anonymous Coward on Wednesday February 14 2018, @08:27PM (#637845)

      Are you saying we have a real vampire on SN? Or maybe its another immortal cave man like from that one movie? VLM care to explain your longevity? Are you still protestant?

  • (Score: 3, Insightful) by Azuma Hazuki on Wednesday February 14 2018, @08:32PM (2 children)

    by Azuma Hazuki (5086) on Wednesday February 14 2018, @08:32PM (#637855) Journal

    It usually takes a couple of generations for assimilation to complete, yes. What's your point? Are you still asspained over Cheddar Man being a nice shade of cherry wood rather than "so white he gets capsaicin headaches from afternoon sunlight" or what?

    --
    I am "that girl" your mother warned you about...
    • (Score: 2) by VLM on Thursday February 15 2018, @01:32PM (1 child)

      by VLM (445) Subscriber Badge on Thursday February 15 2018, @01:32PM (#638222)

      It usually takes a couple of generations for assimilation to complete, yes.

      Seriously? Does anyone non-ironically believe my great grandchildren are going to magically turn into members of the Cheyenne Native American culture? Invasions don't work like that.

      • (Score: 2) by Azuma Hazuki on Thursday February 15 2018, @03:47PM

        by Azuma Hazuki (5086) on Thursday February 15 2018, @03:47PM (#638262) Journal

        Ah, so you're worried about being genocided then. Karma's a bitch isn't it?

        --
        I am "that girl" your mother warned you about...