Thread regarding AT&T layoffs

Automation is after your job

Millenials time to take note: Service companies are pushing hard for Automation, and it is expected to eliminate 25 million jobs by 2027, impacting IT sector, services and manufacturing industries, according to a recent study by researchers at Northwestern University. “Our analysis suggests that without changes to the current U.S. Labor laws, and tax system, a sizable fall in the costs of automation would lead to a massive rise in income inequality,” Forrester Research found.

Who will be impacted the most by automation?

The highest concentration of industrial robots occurs in the Midwest and Upper South of the U.S., according to data released in August by the Brookings Institution, a nonprofit public policy organization based in Washington, D.C. More than half of the nation’s 233,305 industrial population in 10 Midwestern and Southern states, led by Michigan (28,000 robots or 12% of total number), Ohio (20,400 or 8.7%), and Indiana (19,400 or 8.3%). The entire West accounts for just 13% of the nation’s industrial robots.

Posted by @PCo2RUM-nee, bumped for being on point.

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| 2357 views | | 11 replies (last October 14, 2017) | Reply
Post ID: @OP+PCMqjVL

11 replies (most recent on top)

Thanks for trolling the bragging millennial. What an idiot.

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Post ID: @8qok+PCMqjVL

Thanks Mr Midwest, I am in Silicon Valley working to automate your jobs in order to eliminate your stupid a--. My pay is most like 5x yours :)

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Post ID: @6gcz+PCMqjVL

I'm a Millenial from the MidWest making the automation software to eliminate your jobs. It pays really well and the work environment is much nicer than AT&T was.

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Post ID: @6fbc+PCMqjVL

It was not that long ago that we were told computers would improve efficiency and people would be able to have shorter work weeks and better lives.

But corporations and the bums that run them have confiscated all the benefits of the digital revolution, and today overall people work longer hours with very little in the way of a better quality of work life.

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Post ID: @3tdi+PCMqjVL

Automation and greater efficiency are inevitable, the question is who does it benefit. Randy and his ilk want it to impact workers families and quality of life, not their bonuses or the bottom line.

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Post ID: @3fub+PCMqjVL

Tax cuts may spur some human job growth, some addition robotic

AI workers, but mostly dividend payouts and useless stock buy backs.

K

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Post ID: @1lig+PCMqjVL

If you think tax cuts will safe your jobs think again.

AT&T promised more jobs but did mass layoffs

CEOs march in rhetorical step with the president, vowing that lowering the current corporate tax rate from 35 percent to 20 percent will bring a job boom because, as AT&T’s CEO Randall Stephenson put it, “lower taxes drives more investment, drives more jobs, drives greater wages. All this fits together.”

For each $1 billion tax savings, Stephenson told CNBC, his company would create 7,000 well-paid blue-collar jobs. “There are jobs wearing hard hats … to put that capital into the ground or on cell towers,” Stephenson asserted. “There are high-paying, really good jobs with great benefits. The correlation is tight – very, very tight.”

Sounds good. If only it were true. Sarah Anderson of the Institute for Policy Studies, a Washington research think tank, found that from 2008 to 2015, AT&T had already wedged its tax rate way down to 8 percent by taking advantage of tax write-offs and loopholes. But instead of using those low, low taxes to add jobs, AT&T has cut 80,000 American jobs over the past nine years while CEO Stephenson was cashing in $124 million in stock options and grants.

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Post ID: @1ysc+PCMqjVL

@1cir: Elon Musk isn’t an expert in the field of robotics. Maybe you should check out the comments by Rodney Brooks and why he should be listened to and not Elon.

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Post ID: @1raj+PCMqjVL

You who automate may also be automated. Your confidence is misplaced. Automation is an existential threat to society. Ask Elon Musk, a very knowledgeable tech leader.

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Post ID: @1cir+PCMqjVL

Automation isn’t after my job because my job is to automate. You dipshits need to retool yourselves. Go back to school. I’ve been in automation for only a couple of years. If I don’t have a future at T it’ll be with another company. Bots are the future!

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Post ID: @1jpu+PCMqjVL

True

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Post ID: @aym+PCMqjVL

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