GE's Jeff Immelt: Robots won't kill human jobs
GE's Jeff Immelt: Robots won't kill human jobs
By Christopher Matthews
14 hrs ago
General Electric is going all in on futuristic
manufacturing, having ditched businesses like finance and network television to
focus on building stuff like jet engines and gas turbines.
Here's what CEO Jeff Immelt thinks about automation and
the future of work:
He thinks fears of robot-driven joblessness are
overblown, even as he invests billions in automation: "This notion of the
war of the robots happening in the short term, that's more of a Silicon Valley
vision than the real world."
Robots are making Americans richer: Businesses can only
pay workers more if they become more productive, and automation allows humans
to focus on more valuable tasks.
It's not just technology, but politics that drive
automation: "The question of the last election was, 'how do you create $25
per hour jobs?" Immelt argues. In a global economy, jobs that don't
require trained workers to leverage the power of computers and automation
simply won't pay that well.
All business will be in the education business: Immelt
says that GE and firms like it must do more to train workers to rise above
tasks that robots can do, "not because we're bleeding hearts, but because
we're good at it."
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