/biz/ - Business & Finance

>>16813490
>accountant
Here and still have a job. And trust me it could be automated if they weren't dumb as shit. So I do dumb shit all day like manually enter hundreds of transactions from one software to another.

>>16813490
Zume has a woman CEO.

>>16813490
Whatever moons my ARPA bags.

>>16813513
chainlink will fire you lmao

>>16813513
there is already 1 acountant left for every 15 compared to 20 years ago.
Most finance jobs are getting replaced, by bots on the trding side, by ERPs ion the financial management side. In another 30 years, the only finance jobs left will behigh-level controlers with IT skils and accountants with tax expertise (in the of fiscal law).
Number crunchers aren't "going to go", they're 50% gone already

>t.headhunter in corporate finance

>>16813490
So.. automation is going to cause intense competition for the remaining jobs, right?
But.. at the same time, pay will be reduced all around since less and less people can afford products and services. Not even the rich will get richer since nobody buys their shit anymore.
Buuuuuttt.... certain things will never become cheaper to produce. Things that require real material and energy inputs, as resource depletion makes mining and oil extraction ever more costly.

Markets (for anything) can only exist under certain conditions:
Producers only produce when the cost of production is lower than the price they can demand (producer's price floor) and buyers only purchase when the price is at or below the affordability ceiling (determined by wages).
What's going to happen here is that the space between the affordability ceiling and the producer's price floor will vanish for ever more markets, causing them to be snuffed out, which will cause further affordability issues.
Basically, the entire economy will go into a death-spiral once automation reaches a certain level.

>>16813853
Yeah, that sure happened when tractors automated farming. (Used to take the whole village to plow a field, no one farmer can work 100 acres of crops)
It's not like corn and wheat just became so cheap (efficient to produce) that anyone could afford as much as they want.

>>16813880
Right, so long as there are other jobs for people to go to, things are fine. Problems emerge when automation reaches some critical proportion of economic activity.
Everyone can afford the cheap goods because they still have non-automated jobs to work.

>>16813541
I’m currently in college for accounting, should i ditch it?

>>16814073
Probably:
https://willrobotstakemyjob.com/13-2011-accountants-and-auditors
https://www.replacedbyrobot.info/4106/accountant

Nothing's really certain though:
https://www.knowablemagazine.org/article/technology/2018/future-work-will-robots-take-my-job

>>16813490
Based food automation needs to happen ASAP to decrease the risk of niggers spitting in your food. Remember the people that make your food usually have a shit salary and are bitter and cynical, would you trust them not to mess with it?

>>16814172
I can't even trust the retarded fucks to even make it right. They always forgot critical ingredients and fail to even come close to stacking the bread and meet in a somewhat aligned manner. I want them to lose theic job and starve to death because they are worthless, society is actually worse off for every second they continue to draw breath.

>>16814205
Based ASD-poster

>>16813513
Learn to write scripts that do it for you.
Then use that free time to learn another trade, assuming you're not old.

>>16813880
The science articles are mostly bullshit things no one cares about. In fact its worse because there is so much shit to sift through.

>>16814172
I swear I think some Taco Bell employee spit in my Baja freeze because I thought she said her name was Amanda instead of Samantha. Felt like a loogie at the bottom when I drank it. Not much you can do.

>>16814849
sounds kindda hot, did u tip her?

>>16814932
No

>>16814073

No, in addition you should take up programming too.

I work in automation. It's gonna be slow as fuck for a few reasons:

1. Laws and safety. If a big robot comes in that can do 50% of the cooking by reaching out and grabbing a pan, then it needs a whole dedicated area cordoned off since there is the small risk of it spazzing out from an electric fault or something. This makes it impractical to just buy and put in. Also fear of use by terrorists

2. Steps and doors and debris: getting around these makes a robot way more complicated since it's so much to just handle this shit. A wheel can't get over it, legs are expensive and inefficient, and door handles can't be opened without expensive dedicated arms. I have solutions to this but it requires changes in building design, which isn't gonna happen soon

3. Economics. If my robot can cook only 50% of your food (usually way less) why buy it? I mean you still need to hire a chef to do the other 50%, and most places don't hire big workforces doing the same thing, it's usually just one or two guys so you can't realistically replace half of them everywhere either

4. Customers don't want it generally: a barista making a coffee or an artist making a painting will always seem better than a robot doing it so consumers won't buy it often.

1/2

2/2

5. Restructuring infrastructure: we could have had self driving cars years ago if we banned regular cars and had tracks on every street, so that it would be like lots of mini trains everywhere instead (as an example). Requires lots of changes though so it won't happen

6. Limited amounts of engineers. We can only automate so much at once and there's a lot to do. It's gonna take time

7. Custom designed solutions: if all websites, houses, stores etc. followed a standard template you can easily make a general solution that can be filed out instantly (eg robots to make buildings) but they don't, so any robot needs to be designed around every possible solution. This is impossibly hard to do.

I know a few more but you can start to get the gist of it. Give me a few (you) to validate my existence if you're interested

>>16815106
>Restructuring infrastructure: we could have had self driving cars years ago if we banned regular cars and had tracks on every street, so that it would be like lots of mini trains everywhere instead (as an example). Requires lots of changes though so it won't happen

horseshit for many reasons. The tech wasnt here, even big companies that pretend like its ancapistan cant seem to put it together properly

everything else you posted 10/10. rare high IQ post

>>16815102
Not as worried about physical jobs as, white-collar jobs being automated by Ai conjunct with Smartcontracts w/ mass data
The Rungs on the ladder seem to be getting farther and farther apart

>>16813853
That's basically Marx's TRPF.

>>16814849
Only time when you are in contact with female saliva anyway. Enjoy.

>>16813515
that would have explained it but no
https://www.linkedin.com/in/agarden

i guess it's just too early for robot pizza makers, simple as that. either too expensive equipment/upkeep or the pizzas don't turn out great

>>16814096
https://willrobotstakemyjob.com/47-2152-plumbers-pipefitters-and-steamfitters
>35%
hm i really dont see a robot capable of replacing pipes in all the random situations the real world requires

https://willrobotstakemyjob.com/23-1011-lawyers
>4%
uh, i totally see AI being able to assist lawyers in looking up old cases and cross-referencing things to such a degree that one lawyers can do the work of 10 today, meaning there will be much less jobs in that field in the future

>>16815106
here's a (you) for your two good posts

>>16815154
Same anon just on a different device. You literally could. I mean to do it as follows:
1. Every car has a location gps-unit transmitting it's location to a city-central data center
2. Every car has a set of distance sensors locally mounted for any comms loss

As soon as you turn on the car it stays on the tracks and is connected to the server managing traffic, which you handle like a gps. Since everything is on tracks and monitored by the server everything could be directed to follow a single route

>>16813490
but muuuuuh coders will be replaced first
stay being brainlets biz never change

>>16814096
thats made of surveys brainlet,no real analysis

Food production, any sort of food is the only thing that survives every economy.

>>16813880

>>more is better

What a dog shit plebbit tier infograph, i assume you own trash like link

>>16814172
>>16814205
>>16814849
Stop eating fast food you zogged out boomers

>>16815525
how bout some bugs instead

>>16815689
If you're regularly eating fast food you unironically eat the most bugs in the USA

>>16813490
Of all the things that could/should be automated, I think making food is pretty far down the list.

>>16813513
>>16813533
This lol

best stock up on your shitcoins before this happens.

>>16813880
>new movies
jews are making more shitty jewtainment propaganda than ever
>women's right to vote
invariably destroys every civilization
>science
99% of science articles/studies are bullshit funded by the kikes
>cereal yield
grains to produce goyfeed to make the goyim fat and sick
>democracy
rule by jews at worst, rule by the mediocre herd at best
>literacy
do we want literate niggers? this isn't helping
>good things increasing

>>16815102
You need to hang around this site and pay more attention to the stinky ERC-20 shitcoin threads more often. No one is worried about physical labor jobs being taken over by robots; it's as >>16815163 said, the wage slave administration and white collar jobs will be the first to go as soon as smart contracts gain adoption. We're going to be at the point where one person can essentially create his own virtual company via smartcontracts
as they will automate a lot of simple jobs and bookkeeping. Throw in AI in the mix and you'll be able to target high IQ but repetitive positions, like people using machine learning to make medical diagnoses like determining if a mole is cancerous (see the founder of Udacity's research), or recently, one medical breakthrough of using machine learning to make diagnoses in radiology, a field that is underserved and requires years of training on top of the medical track to get your feet off the ground.

>>16815420
I don’t think a centralized design would be wise... if the central data center goes down or gets hacked, what happens to all the vehicles on the road? I think individual cars need to be able to fend for themselves adversarially.

>>16813490
This headline is so confusing. So from what I gather, their advances in kitchen automation were so successful that they're no longer actually making/serving food and have become a company solely focused on automation?

>>16816693
Looking at other sources it seems they have a unique entirely compostable packaging that they have started selling to other businesses.

>>16813880
>It's not like corn and wheat just became so cheap (efficient to produce) that anyone could afford as much as they want.

It did though, that is one of the major contributors to the Great Depression. Produce had become so cheap that it was becoming unprofitable to be a farmer, plus they were using every bit of arable land possible so the Dust Bowl started as so much tilled soil was exposed to the wind. The US Government actually had to order the destruction of livestock ranging in the millions and continues to just pay farmers not to work some land to create a floor that prices won't go below. Farming is actually one of the few industry that the US Government takes neurotic interest in. Joel Salatin is often brought up as an extremely savvy person here and his book "Everything I Want To Do Is Illegal: War Stories from the Local Food Front" is used as a prop for "over-regulation" but the government actually installs inefficiency into the system purposefully because that industry CANNOT be allowed to compete itself into insolvency. In the 1900-1990s range most rural towns and small cities had local mom and pop stores. Walmart would come in and denude the region of all competition with its hyper efficiency which killed the job market surrounding the store. Suddenly people had no jobs, no money and no reason to stay in the region so they'd leave. Walmart would then close the store and the 30-45% of people remaining in the region would be absolutely fucked because they had no grocery store, no clothing store, no hardware store or any way of providing shit in a local manner. If that kind of unrestrained competition is allowed in the agriculture industry it leads to widespread starvation on the back swing when all the farms go insolvent and get closed on by the bank or sold at auction.

Anyone else reading Industrial Society and its Future, while also being all in on Chainlink? It’s a weird feel.

>>16815357
>lawyers
it is paralegals that will be fucked

>>16814835
Correct. It's a lot of clutter. Minimal additional value added over previous decades.

>>16817594
Kacynzski calmed down as he got older. He became less "we must live as our ancestors" and more "we must simply survive the consequences of the industrial revolution."

>>16813490
no robot willa ever replacea da true pizzaiolo con forna da legna. arrevederci robot automatico!! sfumazie!!

>>16815721
There's no bugs in fast food fuck off retard

>>16817905
maybe you just don't recognize them in shredded form

>>16813490
Easier to automate desk jobs since all you really need is the software to do the number crunching for most of them. You need both the hardware and software for manual labor jobs. Maintenance, upkeep and some laws will get in the way of full blue collar automation. Shit breaks down all the time and what if the robot has to interact with customers? You'll still need people there to report if the robot suddenly breaks or a pack of niggers jump the counter and start stealing everything since they don't see any people there.

>>16814073
lmao no. There is a huge demand for accountants right now due to the economy growing at such a fast rate.

>>16813490
>most new businesses will fail
>I found an automation business that fucked up
Automation has failed guys!

>>16816693
Yeah. Just like those successful daytraders who are so successful at making millions that their income depends on selling $5 courses on jewtube.

>>16813490
only easy mode jobs will be replaced. which is good because fuck women and HR and asshole office monkeys. they are all going back to the kitchen. either that or they will be wiping old boomers asses in the healthcare sector.

good god the future looks bleak. even for wagies doing manual labor it's looking bad. we are heading towards a complete disaster. I'm not even sure bernie could save us. might be too far gone already. only way i see it being fixed is with immediate communism. throw the bourgeois into work camps and take their money. nationalize everything and probably wouldn't be a bad idea to kill off all non citizens or at the very least prevent them from working.

Lets say you have a business with large numbers of low skill low pay employees. Over time if you do well your staffing costs will grow exponentially with your business. You'll get backlash from your customers. Government will start to get pressure from voters who will put pressure on you to increase wages. Competition will take your employees and if unemployment is low you'll have to increase wages. Basically automation becomes more attractive as people become more expensive and you've the cash flow to make the capital expenditure.

Once you automate the business at a huge cost you can get rid of the staff and become more competitive. Once you reach a certain size competition can't touch you because they can't enter the market because the cost of the equipment required to compete is too much. You tend to get stagnation in this phase.

Unemployment increases and wages decrease again allowing new people to enter the market using the original model of large numbers of poorly paid low skill workers. Customers jump ship to the 'more authentic' underdog with 'artisanal community roots' or some shit.

It goes round and round. Basically staff at the beginning are the cheapest thing and end up being the most expensive thing. Automation at the beginning is the most expensive thing and ends up being the cheapest.

You have to pay the good ones a little more and replace the bad ones. You'll have to have a robust management system (paid well) to oversee the army of low skilled employees who aren't particularly motivated by low wages. Training gets increasingly expensive and production losses increasingly costly.

Where I work we've doubled production every year. We started with 5 staff. We are now down to 3. This is entirely down to automation which is paid for with the increases in production. If we kept going as we started we'd have 15 staff now. We'd need a lot of managers. Extra staff to cover holiday/absence. We'd be training people every 6 months.

god you fucking idiots need to read more

>>16813490
Automation is a farce. We have hit the technological limit in ALL major fields. Physics, aviation, computers, medicine, etc. We're capped out. There will NEVER be meaningful A.I.s. Commercial fusion power is impossible. Humans will never colonize other planets. Alzheimer's, cancer, HIV, all that is incurable. The media sells everyone dreams of people living 200 years and having an appearance and quality of life like their 20s. They paint images of building colonies on the moon while benevolent machines do all our work for us as we paint, compose music, etc. It's all bullshit. Technological progress has stagnated in total contrast to what everyone anticipated. We've run into the limits of the universe and they cannot be overcome.

>>16820753
>the level of PUBLICLY AVAILABLE technology has stagnated

there I fixed it for you

>>16820753
It is just being held back by fake money, ethics, unions and potential chimp outs of low IQ work drones. You could easily downsize a McDonalds to like 2 employees and a manager. Maybe even one if the QA is being done remotely. They do that slowly to not cause a ruckus and soon everyone poor will be too dumb to understand due too being mutts.

>>16813490
I actually don't mind the food labour getting replaced by robots. Robots don't spit in your food. Who knows what degenerate is touching the food you order? I only eat at places I trust because of it. I don't want some retard ahmed spitting in my food.

>>16813490
Automation fear mongering is a leftist tactic to acquire more gibsmedats. Reality doesn't care about communist propaganda.

>>16813853
New kinds of jobs will be created to replace to old ones... Just like what has been happening the centuries till now.

>>16813880
Based and redpilled.

>>16813954
In the worst case scenario there will be communities where people work the good old ways. Wagies working for each other without high automation at current living standards. Just like how african tribes continue to live their own way of life.

>>16815102
Yeah. It is not economical to automate everything.

>>16815102
>Give me a few (you) to validate my existence if you're interested
>>16815106
Thank you very much good sir.

>>16817863
a much more reasonable view seeing as he never provided any practical way to reverse human technological progress.

>>16820753
Imagine believing this. Just because technology has slowed down slightly from the rapid growth of 2000-2010 doesn't mean its stopped permanently. Progress has always had lulls and short bursts of rapid development. And even if we're currently in a lull, development is still moving faster than most of human history. There probably wasn't any decade pre-1900 with more significant technological changes than 2010-2020

>>16820753
Medicine is actually progressing real well right now with stem cells, DNA editing, clearing out senescent cells and nanorobotics. It will take a while though before these technologies come to market but in the lab there is good progress.
>>16821307
Redpilled.

>>16815106
Good post thanks

>>16813513
>So I do dumb shit all day like manually enter hundreds of transactions from one software to another.

I could literally write a script to replace you

>>16814073
This is suck a fucking meme imagine thinking a shitty AI program will be able to automate the purposely vagueness of financial law. Also lmao is you think FASB will update standards to allow AI computer auditors. Also reminder the incels on here will tell you about how superior they are to “normies” and then gamble their savings on a security token with no revenue to speak of

>>16813490
Let me guess, the robot will make one type of pizza and you can't customize it.

>>16815309
The robotic parts are fine, it's just that most of the production line is still manual.

>>16813490
Yeah first the expensive jobs will go then the minimum is age ones. Literally everyone uses accountants in one way or another

>>16821790
I work with AI and yeah it’s not as hard you think.

>>16822637
You are absolutely full of shit. Tinkering with your computer in a basement is not AI. In 30 years audit, financial Analyst jobs and tax jobs will still exist, AP/AR and book keeping jobs might not, but who cares they make as much as a McD wagie. Just because some boomer spouts off the words blockchain and machine learning, doesn’t mean we’re <5 years away from the machines taking all of our jobs. /BIZ/ might actually be the most retarded board.

>>16821152
Will the new jobs pay enough to live on?

>>16822692
85% of Africans live on less than $5.50 per day. Yes they pay enough for you to stay alive. Can always work more hours.
These new jobs might actually pay more than the old ones. Look at pewdiepie.

If you cant take care of yourself, natural selection will take care of you.

>>16815251
Huh. So what's the counter-argument to it then (besides new jobs that somehow won't be automated)?

>>16822670
>AI can possibly do my complex job!
We are already replacing accountants at the bank I work in with an in-house AI system. Also automation for minimum wage is harder then it is for jobs like accounting or trading.

>>16822830
What do the accountants do at the bank you work at? Are they actually analyzing data and coming up with solutions you didn’t program into the software or are they doing data entry? If it’s the latter then it will cause no more “job loss” then Excel did. Quit ladling about being an AI hotshot you useless neet

>>16822743
>Yes they pay enough for you to stay alive.

Wouldn't that instigate social uprising, riots?

>>16822858
The elite are buying time to automate the army. After that? Who cares if someone riots? The terminators will take care of it. Cant wait!

>>16822855
>there is no way the won’t try to automate high paying jobs first!
I’m not exactly sure but I don’t see why both couldn’t be automated? You think finding cost effective solutions is something a machine can’t do better then the average accountant?

>>16818361
>economy growing at such a fast rate.
where in the world?
even china is slowing down at this point

>We made a rock think exponentially faster than us by shooting lightning bolts into it
>this signals the deathknell of all physical labor jobs

Cursory examination of the trajectory of technology could've told you that automation would come for brain labor before body labor. Maybe the paper-pushers can learn to fit pipe.

As automation takes jobs, more investors are able to not work because of higher profits releasing their jobs to other people, who might have lost their job to automation.

>>16821333
>Medicine is actually progressing real well right now

We're still not able to solve the most common medical problems. All this novelty medical tech, even after they get on the market, would only be accessible to a small group of people. With the exception of vaccines, everything the medical industry does is just trying to squeeze more money out of hopeless patients.

>>16823681
And no one notices the war thats going to happen as a result. No one is making robots so people dont have to work, they are making robots so the .01% can take it all for them selves. Its going to be a bloodbath.

>>16814172
based

>>16824209
>would only be accessible to a small group of people
So fucking start accumulating wealth?

>>16813490
i did the math on this story its pretty funny.

* softbank spent 4b on this investment
* there were approx 100 vans delivering pizzas
* the biz ran for 4 years
* figuring a high average of 50 pizza per day per van that gives us: 4,000,000,000 / 4 / 100 / 50 = $547
* so each $10 pizza you ordered cost softbank $547. not bad as far as modern keynesian planned economies go.

i wonder if this means we need hard money?

>>16813880
>good things increasing
>new music per year
>new films per year
>implying quality over quantity is good
such a brainlet opinion

>>16813880
>16 good things increasing
>women’s right to vote
It’s almost as if you don’t know where you are

>>16814073
No. Automation is a fucking MEME. In thirty years time the grunt work will have dried up but if in 30 years you're still doing grunt work then hey that's your fault.

Damn this thread depressed me.
If automatiom doesn't kick in soon, we are fucked
In some countries (Germany, most of europe etc) population is aging too fast

>>16822858
>>16822883
>>16824261

Daily reminder that all "civilized people" are in reality degenerate cattle that have been conditioned and bred to accept everything their masters throw at them in order to survive one day longer as a lowly slave.

So no you won't revolt when the elite replaces you with automation, instead you will beg them to let you work and compete with machines that don't take breaks or holidays.

Enjoy working 24/7 while under drugs for a bowl of rice or a piece of bread.

>>16821230

It would take absolute destruction of society and 90% of it's people to reverse that.

>>16813880
>women's right to vote
>good thing
never dropped an image with graphs so hard

>>16824308
more potential quality to choose from

>>16824578
Read up on the topic and don't believe politicians or industry salesmen when they tell you about glorious automation or INDUSTRIE VIER PUNKT NULL. None of that will happen soon. Think in decades. They've been trying to stimulate the industry and bait investors with meme topics like electric cars and "automate everything" for years now. Automation is a pipe dream for like 80% of the applications that people like to fantasize about.

>>16824665
Based and redpilled.

>>16824677
Then we are fucked

>>16824690
You see now why our Führerin decided to import millions of refugees. It is a logical step, but it is one that the German cattle cannot comprehend, since they don't know much else besides soccer and cars.

>>16824700
Implying refugees are a net benefit economically.

>>16824709
That is not the problem. The problem is literally nobody being there to do the grunt work. Economics don't matter when a large part of the job force is disappearing. They are imported to do our slave work, not boost our economy.

>>16824709
>>16824718
Of course, intention and implementation seem to not go hand-in-hand for this genius plan. Don't think I'm pro-refugee, but I can see why our ruling caste thought it was a necessary step.

>>16824725
>but I can see why our ruling caste thought it was a necessary step
Sure.

>>16824725
So let’s import a bunch of people who can’t work or don’t want to work. Oh and btw those jobs will likely be automated in 20 years.

I don’t think it was a good idea at all