Automation scares people these days: driverless cars, robots doing housework and manufacturing parts, devices that listen and talk to you.
Automation means a machine of some sort does the work instead of humans. “Machine” is a generic term that changes depending on the situation. Consider something you may be familiar with, for example, automatic payments to pay some of your bills. Do you pay your cable, electric, mortgage, rent, credit cards, or insurance electronically? That’s automation. You no longer manually write checks or send cash and there is no person on the receiving end opening the envelopes or counting the cash. There is no mail delivery to transport the checks or cash. Imaging yourself having to write 15-20 checks per month. No frickin’ way. The convenience is too good to give up.
Well, automation is taking place elsewhere, and that’s what we see. Do you have an electronic account with the medical center or hospital? Let’s you see your lab results, schedule appointments, pay bills.
And that’s only you as a consumer involved. How about business-to-business or within an organization? That’s robots or just some computer software to automate calculations.
Technology, of whatever type, is important to automation because that is the physical thing doing the work. But technology is useless without human action to invent the ways in which it could be used. Even a chainsaw is an improvement over an ax. And a car is an improvement over a horse.
If you’re worried about people losing their jobs, well, automation takes over the repetitive tasks humans can do. It may seem better to have a job where you perform repetitive tasks over-and-over, but after a while you’ve perfected the movements, what’s left? You’d feel like a machine, a cog in the wheel. That’s not good for your mental health.
The Acosta Deep Mine in Somerset County marks a dramatic upturn for the area. And while President Trump cannot claim that he brought the industry back here personally (this new mine was already being developed before the election), he is an effective cheerleader for folks who’ve been discounted by the political elite.
Instead of trying to kill an industry under piles of regulations and poo-pooing any notions of its survival let along thriving, I think the government should lay off and let the people in the industry configure itself for the economy.
Maybe its smaller than in the past or maybe bigger, maybe more specialized, maybe more dispersed or stays concentrated in a geographic area. How do they compete and serve a customer base? What technologies can they use and invent, and what business processes can they use and invent? How do they attract capital?
These are questions for the people in the industry to figure out from the bottom-up, top-down, and inside-out, not from top-down impositions and elite opinion. And the people in this industry must do so in a free market environment.
Pols and regulators should butt-the-hell out of corporate mergers and other actions that disrupt the status-quo. See Democrat primary loser and hypocrite for supporting corporate shill Hillary Clinton Bernie Sanders for example. Trump also said he opposes it.
Employees of the merging firms must figure out how best to serve their customers and shareholders.
Remember folks, firms have to work within the current regulatory and legal framework. If gov’t wants to do something useful it should deregulate telecom and scrap net neutrality. Those constrictions led the decision-makers in this deal to view a merger as a way to drive growth.
The interventionist fear is based on outdated definition of monopoly. Standard Oil’s so-called “monopoly” lowered kerosene prices “from 58 to 26 cents from 1865 to 1870. Competitors disliked the company’s business practices, but consumers liked the lower prices.” https://en.wikipedia.org/wiki/Standard_Oil.
Yet, some politicians and activists want to stop this merger because they are simply afraid of change.
You can let firms experiment and innovate to figure out how to serve customers and grow, or you can let politicians protect the status quo and continue with 1% GDP.
Project Belle is a website that allows licensed cosmetologists to schedule appointments with prospective clients. Instead of going to a salon, customers can have hairstylists or makeup artists come directly to their homes or businesses (Source).
The connect professionals for haircuts and styling, yoga, makeup, manicures, personal training, beauty & health.
Looks like it serves the Nashville, TN area.
That is the title given to Robert Tracinski’s piece. I would change the title of this piece to read “Obsolete Post Office Politics” because both parties are stuck in the past. President Obama’s “investment” in solar company Solyndra is no different than Governor Rick Perry’s (R-TX) state-level venture capital fund.
That is the lesson of the government’s failed experiment with solar panel maker Solyndra, which President Obama touted last year as the wave of the future, and whose technology was rendered obsolete before they even finished building their gleaming new factory backed by $600 million in federal loan guarantees. And it’s not just Solyndra.
. . .
Yet here is Barack Obama, our Post Office President, bitterly clinging to the theories of the past and doubling down his investments in failure, while new ideas and innovations pass him by. Such is the fate of anyone who presumes to place the static judgments of an entrenched bureaucracy over the rational thinking and creative efforts of free minds.
Free minds and free markets.