As I said, it's the same thing. Businesses also buy products which need support, therefore, jobs are created.
That's a concept that never made sense to me. As I said after I got my PhD and did two postdoctoral fellowships I actually hid my PhD from my resume so I could get a job. PhD's often get overlooked because they are considered too expensive for various positions.
I've done that, too. At one point I was out of a job for a few months, and asked an agency to put me in a far lesser job, but all they saw in my resume was commission $$$, and never placed me.
I've never felt someone "couldn't afford me". Still don't, really. Now that I've got 20+ years of experience under my belt I assume my job can easily go away in a heartbeat. I'll have to take whatever I can find to make a living.
Well, if you're charging $100 an hour and they only want to pay $50...maybe 'couldn't afford' is the wrong term. Everyone has a price they feel is reasonable for a service.
In much the same way the Government put a damper on Standard Oil or countless other Trusts. Trusts tend to destroy the marketplace and harm the consumer.
I suspect that that day is not long in the offing.
I am curious about the industry you worked in. I took work for an IT company and we are forced to take ethics classes every single year. Business runs on ethics and indeed the only marketplace that is worth defending is one in which all companies play fairly and by the rules.
What I do spans all industries. I've been in healthcare, insurance, finance, the oil industry, government service, food service, and others. Most of the times we take ethics classes, and it's a matter of signing a piece of paper, so I think ethics comes more from one's heart. It's not a matter of being forced to do what's right.
Not the kind of jobs Trump has been promising his workers. Coal mining jobs will never come back to the levels of the pre-1980's. Trump promises these things to his followers counting on the fact that they won't actually understand what is costing the jobs.
Yeah, Clinton and Obama really damaged the coal industry. It is a tough row to hoe, but it'll grow.
A fraction of the number needed to do the same jobs without automation, though.
A fraction of the jobs needed to make the product, but those positions just move to other things, like computer skills and machine repair.
That isn't how efficiency improvements in industry work. At least not in the world that I work in. I have worked with field service engineers who are responsible for setting up the machines my company makes in facilities that are partaking of the "digital revolution" we are proposing for their industry. Jobs are lost precisely because our machines do more productivity faster and with far fewer people.
the jobs are only displaced. Other jobs are created.
Apparently it can be quite uncomfortable for our field service engineers when they have to install a machine that the employees in that factory know will probably cost them their jobs.
What happened to my cheese? You have to reinvent yourself.
That's all fine and dandy and the way technology should work. But it does mean jobs are lost.
A tree drops its seeds and dies. Other trees grow in it's place.
The people may be able to retool and retrain. But that is going to cost us. We can't continue giving tax breaks to millionaires because we think they are "job creators". We have to remember that no job creator exists without an employee willing to do the work.
And no job exists without an employer to fund it.