> "There is going to be a huge glut of unskilled poor living like animals in ghettos. It's going to be a humanitarian crisis of a 3rd world calibre."
It's depressing and hard to accept, but I think this is the way it'll go down.
The sexy young waitress can, with some training, take on other low-skill labor jobs. A hit to earnings? Perhaps, but livable in the old days.
This has been the story for the unskilled labor class for decades - industries rise and fall, but when training is a matter of days and weeks, instead of years, labor mobility is extremely fluid, and retraining for a new position is possible.
A degree takes years, and tens of thousands of dollars these people don't have. Not only that, how many have the educational foundation to take on a job that requires strong understanding of maths and science? America's failure with STEM is really biting its ass right now.
It's depressing and hard to accept, but I think this is the way it'll go down.
The sexy young waitress can, with some training, take on other low-skill labor jobs. A hit to earnings? Perhaps, but livable in the old days.
This has been the story for the unskilled labor class for decades - industries rise and fall, but when training is a matter of days and weeks, instead of years, labor mobility is extremely fluid, and retraining for a new position is possible.
A degree takes years, and tens of thousands of dollars these people don't have. Not only that, how many have the educational foundation to take on a job that requires strong understanding of maths and science? America's failure with STEM is really biting its ass right now.