Robots coming for Wall Street Analysts' Jobs

[SleeplessinSoCal]

The Robots
Are Coming
for Wall Street

Hundreds of financial analysts are being replaced
with software. What office jobs are next?

http://www.nytimes.com/2016/02/28/magazine/the-robots-are-coming-for-wall-street.html?_r=0

Does this make a difference? Probably not. But there's got to be a bit of a "and then they came for me" chill going up and down Broadway.

[Octafish]

1. So what jobs can't robots do?

[lpbk2713]

2. And the robots are powered by software from H1B employees.

Ironic as hell.

[madville]

3. AI, robotics and automation

will eventually eliminate most jobs as we know them today.

At some point the government will have to supply most citizens with a minimum standard income, paid for through taxes on businesses and corporations that don't utilize human labor.

[angstlessk]

4. What a GREAT idea!

Every robot used instead of human labor should have to pay Social Security the amount of money it would otherwise pay humans, as well as the minimum amount of unemployment for each displaced human!

Use that money to help pay the minimum income. Of course the minimum income would have to be enough cover food, housing and clothing only (no designer labels, please). After that you need to find employment to subsidize your subsidized income!

I reiterate WHAT A GREAT IDEA!

[SleeplessinSoCal]

5. but then it would cost too much to have robots.

The fact is that these things are going to make most Americans part of the service econony, with the exception of those who patriotically opt to become professional hackers.