I just had the opportunity to watch the conference of Rifkin about the 3rd Industrial revolution.
It am a little bit confused about his appelation the actual era as 3rd Industrial while everywhere we hear Industry 4.0 - namely AI - artificial intelligence and IoT internet of things.
The most important part of the conference was the answer he gave about the fear of growing "Unemployment" issue worldwide.
There will always need of humans as a workforce. A robot can not raise a children. We will be doing things that require deep intelligence and feelings.
Social networks and social aid institutions , nonprofit organisations will finance the crowd that needs assistance . I kept thinking that we have such a huge retired community in our country and it will arrive a moment that we will not be able to pay their pension . For instance, in my generation there are a huge amount of persons whom retired at the age of 38-43 working only 15 years . Now that they are at 65-70 , they have been getting their pension since 30 years already .Beside the additional advantages delivered to them such a free transportation ,free health care , discounted ticketing in various museums et cetera.Is this sustainable? I hope yes ... There is no other way. Without a retirement system a society would be very cruel. The hep of family members to eldery people is or can be limited. Not only time wise but also financially too. It is a real fact that the needs are growing when you age. More intense health care is needed with expensive medication and means . The increase of life expectancy is making more difficult to overcome financing eldery people.
The most sad part is that most of them are still capable to do many things, even the worst side of the problem is that we are unable to take advantage of their knowledge ...
Developped countries find the solution in increasing the retiring age. "67" became common almost everywhere. But there hordes unemployed of fifties and sixties are living among us.
Avram Aji
27.04.2019
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